Originally Posted by ks2071746

Dear friend,

Velachery:

Pros: (1) Nearer to IT hub and hence higher rental possibility (2) Tenants may be more decent people as mostly middle, upper middle class and high income ( 3 ) Well developed facilities ( 4 ) Decent locality due to new upcoming in the last 15 years or so period ( 5 ) Not very much congested

Cons: (1) Possible fraudulent/duplicate document possibility ( 2 ) Prone for water logging ( 3 ) More of saltish/brackish ground water ( 4 ) Susceptible for vastly varying rental potential depending on IT services business trend ( 5 ) Lower middle class/middle class may find the area costly to live and commute ( 6 ) No busy railway line nearby ( 7 ) Costly RE and the increase or fall in prices may be more steep ( 8 ) Higher taxi, auto charges to important places (9) Higher Govt. guideline value and hence higher Regn. charges

Tambaram:

Pros: ( 1 ) Has both busy railway line and NH GST road nearby ( 2 ) Lower RE prices ( 2 ) Suiting all the class like lower, middle, upper middle and high income ( 3 ) Better bus/train/taxi facilities ( 4 ) Equidistance for IT hub as well as industiral hub coming up ( 5 ) Possibility of sustained appreciation ( 6 ) Lower chances of larger reduction in rates of plots/flats as the rise may also be nominal ( 7 ) Can reach air port, main Railway stations faster ( 8 ) Lower taxi/auto charges to important places (9) Lower Govt. guidline value for land and hence lower Regn. charges ( 10 ) No water logging problem even during thw worst periods ( 11 ) Ground water not so bad as Velachery ( 12 ) Not much of high rise buildings

cons: (1) Some areas congested ( 2 ) Not very near to IT hub ( 3 ) Areas near the railway station/market too much crowded and some what polluted ( 4 ) Due to some what narrow & poorly maintained roads, more difficult to ride through ( 5 ) Old place in existance for decades and hence can see old houses

ks2071746