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kannan infratech · 26-12-07

Though the commercial realty prices are stagnating and may be going down a bit in some areas, residential and retail spaces all over (Chennai and suburbs) are going up due to huge demand.

The factors which slow down the rate of sale of resi. flats (not the cost) are
higher interest rates for loans by banks / finance cos.
Slowing down of delivery by builders / developers due to various govermental reasons

Best way for investment will be investing in secured plots in the suburbs or investment through REIT or investment in genuine and reputed realy companies.

If you are interested in rental income, go for flats in one of those township projects by say DLF, Khivraj (Olympia), L&T, Arun Excello, IVR etc.

26-12-07	#11
kannan infratech New Member Join Date: Sep 2007 Location: Chennai, India Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	Property Prices in Chennai Though the commercial realty prices are stagnating and may be going down a bit in some areas, residential and retail spaces all over (Chennai and suburbs) are going up due to huge demand. The factors which slow down the rate of sale of resi. flats (not the cost) are higher interest rates for loans by banks / finance cos. Slowing down of delivery by builders / developers due to various govermental reasons Best way for investment will be investing in secured plots in the suburbs or investment through REIT or investment in genuine and reputed realy companies. If you are interested in rental income, go for flats in one of those township projects by say DLF, Khivraj (Olympia), L&T, Arun Excello, IVR etc.