Real Estate India Property Forum –Gurgaon, Delhi, Noida, Mumbai –No Buy, Sell or Rent Properties here!

JOIN IREF

Go Back   Indian Real Estate Forum - www.indianrealestateforum.com > Real Estate in Indian Cities > Hot Cities > Chennai
Cost of 2BHK Vill and Apartment Cost of 2BHK Vill and Apartment
   Home   News    Latest Posts Register Rules Search Today's Posts Mark Forums Read

Search Before Posting - Use 'Google Custom Search' - Keep forum free from Duplicate Threads - Use Descriptive Thread Titles

Reply
Page 1 of 2 1 2
Closed Thread

 
LinkBack Thread Tools Search this Thread
Old 18-06-09   #1
New Member
 
Join Date: Jun 2009
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Cool Cost of 2BHK Vill and Apartment
Hi Guys,

I am not an Expert in RE. Please suggest me what would be the ideal amount of an 2BHK house (villa and apartment) in a good locality at south chennai. Also is this a right time to buy a house? as the inflation went negative now. How this deflation will impact RE?

Can any body throw some lights on it?

Thanks,
Syed.
  Reply With Quote
Old 23-06-09   #2
New Member
 
Join Date: May 2009
Location: Doha
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
Default
In chitlapakkam there are lot of duplexes coming up. close to OMR & Velachery - Medavakkam road.

you will get atleast 1/2 ground plus built up of atleast 1750 sft. heard the price is 2,500/- sft.

check out.
  Reply With Quote
Old 26-06-09   #3
New Member
 
Join Date: Jun 2009
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Default
Thanks Natpu!!.. But as per the current market status, should i wait for it to go low or will it be high after some time?
  Reply With Quote
Old 08-07-09   #4
New Member
 
Join Date: May 2009
Location: Doha
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
Default
In my opinion it has or almost reached the lowest. Between now & next 6 months, if there is any correction it could be in the range of another 10% plus / minus.

It's similar to the share market - no one can time the market.

Depending on your personal situation, it's your call.

I bought a duplex last month in Medavakkam - Plot 1,440 SFT, Built Up 1,950 SFT and it costed all inclusive 62L.
  Reply With Quote
Old 09-07-09   #5
Member
 
Join Date: Dec 2008
Posts: 387
Thanks: 0
Thanked 0 Times in 0 Posts
Default
Quote:
Originally Posted by Syedali.v View Post
Thanks Natpu!!.. But as per the current market status, should i wait for it to go low or will it be high after some time?
Whether you buy now or next year, price will be the same
  Reply With Quote
Old 09-07-09   #6
abk is offline abk
Senior Member
 
Join Date: Dec 2008
Posts: 615
Thanks: 0
Thanked 0 Times in 0 Posts
Default
Quote:
Originally Posted by lovebird View Post
Whether you buy now or next year, price will be the same
well, well from "prices will fall" to "prices will be same" is quite a change
lovebird. welcome to the club.
  Reply With Quote
Old 09-07-09   #7
Member
 
Join Date: Feb 2008
Posts: 174
Thanks: 0
Thanked 0 Times in 0 Posts
Default
Posted 2 weeks back.

Quote:
Originally Posted by natpudan View Post
A duplex is up for sale in Friends Avenue, Medavakkam,

Land 1440 SFT & Built Up 1850 SFT. The price they ask is 63L all incl.

Is it a fair price? Is the area a good one?
Posted Yesterday :

Quote:
Originally Posted by natpudan View Post
In my opinion it has or almost reached the lowest. Between now & next 6 months, if there is any correction it could be in the range of another 10% plus / minus.

It's similar to the share market - no one can time the market.

Depending on your personal situation, it's your call.

I bought a duplex last month in Medavakkam - Plot 1,440 SFT, Built Up 1,950 SFT and it costed all inclusive 62L.
Quote:
Originally Posted by natpudan View Post
I bought the property. It's 1440 SFT plot & built up is 1950 SFT. Price is all inclusive 62L. It's direct from the builder. The other 14 houses in that compound was sold at a higher price last year & this one was the last. I checked with the neighbours and they had bought it at a higher price.

Natpudan, You are the quickest HomeBuyer ... Even if you mean last month as June , You appear to have done the transaction in 2-4 Days .

Great stuff. As expected, Shall I ask who is the builder ?
Last edited by sethugm; 09-07-09 at 10:49 PM.
  Reply With Quote
Old 10-07-09   #8
Member
 
Join Date: Nov 2008
Posts: 404
Thanks: 0
Thanked 1 Time in 1 Post
Default
Quote:
Originally Posted by natpudan View Post
In my opinion it has or almost reached the lowest. Between now & next 6 months, if there is any correction it could be in the range of another 10% plus / minus.

It's similar to the share market - no one can time the market.

Depending on your personal situation, it's your call.

I bought a duplex last month in Medavakkam - Plot 1,440 SFT, Built Up 1,950 SFT and it costed all inclusive 62L.
did you take a home loan to buy or was it full cash down?
  Reply With Quote
Old 10-07-09   #9
Member
 
Join Date: Nov 2008
Posts: 404
Thanks: 0
Thanked 1 Time in 1 Post
Default
Quote:
Originally Posted by natpudan View Post
In chitlapakkam there are lot of duplexes coming up. close to OMR & Velachery - Medavakkam road.

you will get atleast 1/2 ground plus built up of atleast 1750 sft. heard the price is 2,500/- sft.

check out.
In chitlapakkam plots are being sold at Rs.800/sq.ft by some land developers. resale plots are available for Rs.500/sq.ft

considering a construction cost of Rs.950/sq.ft......still price of Rs.2500/- sq.ft at chitlapakkam is too high for buyer...so even after all this slowdown the builder wants big margins....?
Last edited by contra; 10-07-09 at 12:24 AM.
  Reply With Quote
Old 10-07-09   #10
abk is offline abk
Senior Member
 
Join Date: Dec 2008
Posts: 615
Thanks: 0
Thanked 0 Times in 0 Posts
Default
Quote:
Originally Posted by contra View Post
In chitlapakkam plots are being sold at Rs.800/sq.ft by some land developers. resale plots are available for Rs.500/sq.ft

considering a construction cost of Rs.950/sq.ft......still price of Rs.2500/- sq.ft at chitlapakkam is too high for buyer...so even after all this slowdown the builder wants big margins....?

are you discussing chitlapakkam(tambaram) or sithalapakkam(ponmar-medavakkam).if it is chitlapakkam(tambaram) 800/ is a steal
  Reply With Quote
Reply
Page 1 of 2 1 2

Tags
2bhk, apartment, cost, vill

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
New house construction cost krishabinesh Chennai 5 25-05-11 08:48 PM
Land Cost Nagaraja Chennai 3 16-11-10 11:39 AM
2BHK in Wakad/PS/Baner-Pashan maroni1234 Pune 31 05-08-09 12:28 PM
Cost at ramavaram ridsvision Chennai 9 01-06-09 05:01 PM

ADVERTISE ON THIS WEBSITE - CONTACT US NOW
All times are GMT +5.5. The time now is 10:04 PM.


Contact Us - Real Estate India - Property Discussion Forum - www.indianrealestateforum.com - Archive - Top

Home | About IREF | Terms and Conditions | Copyright Infringement Policy
Copyright © 2006-2012, www.indianrealestateforum.com, All Rights Reserved.
Bookmark and Share