Fair value advice required - Mudichure plot - Indian Real Estate Forum

Economist · 11-02-10

Hi guys,

Just got an info on a property for sale.

Location: Varatharjapuram, Mudichure, land just over 1 G approved.

Stone throw from Mudichure rd & Manimangalam road.

Approch road 30 ft from mamimangalam road.

Asking price 20L.

Please advice:

What is the fair value the plot in this area?
How is the future potential & scope in this area.

I believe It is around 5 kms from Thambaram junction.

rvrsenthil · 12-02-10

Hi,

Varadharajapuram is 7-8 KMs from Tambaram. Asking price is too high. I feel 13-15 Lakhs is reasonable.

Senthil

Economist · 13-02-10

Quote:

Originally Posted by rvrsenthil

Hi,

Varadharajapuram is 7-8 KMs from Tambaram. Asking price is too high. I feel 13-15 Lakhs is reasonable.

Senthil

Thanks Senthil,

I dont know much about thambaram area.

Any thoughts on future prospects of the area?

vpsureshkumar · 13-02-10

Tambaram is well developing and it will become another commercial hub for the southern side. So investing in Tambaram area is not a waste. My suggestion is to invest in a place there is dwelling and people a have started building houses. This will give an indication of the progress and motivation to even build for yourself or for rental later.

abk · 13-02-10

i have a plot in royappa nagar in vardharajpuram 1.5 gnds approved plot 550/sq ft. it is for sale.
this lies behind kiskinta

Raider123 · 14-02-10

Quote:

Originally Posted by abk

i have a plot in royappa nagar in vardharajpuram 1.5 gnds approved plot 550/sq ft. it is for sale.
this lies behind kiskinta

Kindly check your PM folder...

Economist · 15-02-10

Thanks guys,

Now I am much aware.

Armed with info I am in a better position to nego.

venky_c · 18-07-10

I have a plot in Marvel county in varadarajapuram on Mudichur to Manimangalam road near PTC quarters, Do any one have an idea of current rates there?

venky

JUKING · 24-07-10

Hi,
My dad owns a plot in royappa Nagar .Does that come under same are.Whats the price per /sql ft there?

11-02-10	#1
Economist Member Join Date: Dec 2008 Posts: 289 Thanks: 0 Thanked 2 Times in 2 Posts	Fair value advice required - Mudichure plot Hi guys, Just got an info on a property for sale. Location: Varatharjapuram, Mudichure, land just over 1 G approved. Stone throw from Mudichure rd & Manimangalam road. Approch road 30 ft from mamimangalam road. Asking price 20L. Please advice: What is the fair value the plot in this area? How is the future potential & scope in this area. I believe It is around 5 kms from Thambaram junction.

18-07-10	#8
venky_c New Member Join Date: Mar 2010 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	marvel county I have a plot in Marvel county in varadarajapuram on Mudichur to Manimangalam road near PTC quarters, Do any one have an idea of current rates there? venky

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12-02-10	#2
rvrsenthil New Member Join Date: Jul 2009 Posts: 7 Thanks: 0 Thanked 0 Times in 0 Posts	Hi, Varadharajapuram is 7-8 KMs from Tambaram. Asking price is too high. I feel 13-15 Lakhs is reasonable. Senthil

13-02-10	#4
vpsureshkumar Member Join Date: Dec 2008 Posts: 84 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Tambaram is well developing and it will become another commercial hub for the southern side. So investing in Tambaram area is not a waste. My suggestion is to invest in a place there is dwelling and people a have started building houses. This will give an indication of the progress and motivation to even build for yourself or for rental later.

13-02-10	#5
abk Senior Member Join Date: Dec 2008 Posts: 615 Thanks: 0 Thanked 0 Times in 0 Posts	i have a plot in royappa nagar in vardharajpuram 1.5 gnds approved plot 550/sq ft. it is for sale. this lies behind kiskinta

15-02-10	#7
Economist Member Join Date: Dec 2008 Posts: 289 Thanks: 0 Thanked 2 Times in 2 Posts	Thanks guys, Now I am much aware. Armed with info I am in a better position to nego.

24-07-10	#9
JUKING New Member Join Date: Jul 2010 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	Hi, My dad owns a plot in royappa Nagar .Does that come under same are.Whats the price per /sql ft there?