Duplex house in Sembakkam(Tambaram) - Indian Real Estate Forum

Pariishere · 11-07-09

Hi,

My Friend is planning to buy a Duplex House(3BHK) house in Sembakkam.The House is exactly 1 KM from the main road(Tambaram - Velachery Road).Here are the specifications:

Ground Area - 985 Sq.ft
Built-Up Area - 1450 Sq.ft
(Independent House with its own compound)

Builder is quoting 39 Lakhs(Including everything - Registration,EB etc..).It is working out to Rs.2600/Sq.ft.

Is it a good deal?If not what will be the best price for this?Please provide your inputs.

contra · 13-07-09

better wait for 6 months to get even better deal....and decide after that

krajgop · 21-08-09

Quote:

Originally Posted by Pariishere

Hi,

My Friend is planning to buy a Duplex House(3BHK) house in Sembakkam.The House is exactly 1 KM from the main road(Tambaram - Velachery Road).Here are the specifications:

Ground Area - 985 Sq.ft
Built-Up Area - 1450 Sq.ft
(Independent House with its own compound)

Builder is quoting 39 Lakhs(Including everything - Registration,EB etc..).It is working out to Rs.2600/Sq.ft.

Is it a good deal?If not what will be the best price for this?Please provide your inputs.

Tell me the exact location, I ll try to assess the price. (I'm a resident of that area)

tskumar · 21-08-09

Hi Krajagop,
This area is Kamarajapuram in Sembakkam. The house is located about a km inside from the Tambaram-Velachery main road and about 3-4 kms from the Hasthinapuram busstand (from the other side). The sq. ft rate actually comes to about Rs. 2800/ sq. ft. (Total cost including EB, water, registration, etc divided by total build up area). Currently, it looks like there is no scope for further reduction in rates. The area looks a little semi-urban/rural like with modest approach roads. I am thinking on the lines of appreciation in future because of its proximity to Tambaram railway station. Pls. advice.

Pariishere · 22-08-09

Near Sivan Koil(R.B Avenue)

krajgop · 24-08-09

Quote:

Originally Posted by Pariishere

Near Sivan Koil(R.B Avenue)

A fair deal if it is an independent house.

11-07-09	#1
Pariishere New Member Join Date: Jun 2009 Posts: 14 Thanks: 0 Thanked 0 Times in 0 Posts	Duplex house in Sembakkam(Tambaram) Hi, My Friend is planning to buy a Duplex House(3BHK) house in Sembakkam.The House is exactly 1 KM from the main road(Tambaram - Velachery Road).Here are the specifications: Ground Area - 985 Sq.ft Built-Up Area - 1450 Sq.ft (Independent House with its own compound) Builder is quoting 39 Lakhs(Including everything - Registration,EB etc..).It is working out to Rs.2600/Sq.ft. Is it a good deal?If not what will be the best price for this?Please provide your inputs.

13-07-09	#2
contra Member Join Date: Nov 2008 Posts: 404 Thanks: 0 Thanked 1 Time in 1 Post	better wait for 6 months to get even better deal....and decide after that Last edited by contra; 13-07-09 at 11:07 AM.

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21-08-09	#4
tskumar New Member Join Date: Jun 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Hi Krajagop, This area is Kamarajapuram in Sembakkam. The house is located about a km inside from the Tambaram-Velachery main road and about 3-4 kms from the Hasthinapuram busstand (from the other side). The sq. ft rate actually comes to about Rs. 2800/ sq. ft. (Total cost including EB, water, registration, etc divided by total build up area). Currently, it looks like there is no scope for further reduction in rates. The area looks a little semi-urban/rural like with modest approach roads. I am thinking on the lines of appreciation in future because of its proximity to Tambaram railway station. Pls. advice.

22-08-09	#5
Pariishere New Member Join Date: Jun 2009 Posts: 14 Thanks: 0 Thanked 0 Times in 0 Posts	Near Sivan Koil(R.B Avenue)