Land cost in L&T colony mugalivakkam behind DLF - Indian Real Estate Forum

kkkumar · 23-02-09

Could someone tell me the RE trend and the cost per ground in that area, typically near CRR puram water tank, thank you

chataara · 24-02-09

Quote:

Originally Posted by kkkumar

Could someone tell me the RE trend and the cost per ground in that area, typically near CRR puram water tank, thank you

Dear friend

If there is any transaction in the last few months we can consider

as the latest rate. During this sluggish time chances are very low to sell a

property.

thanks

chataara

lovebird · 24-02-09

Now no one has cash to buy any costly land

vpsureshkumar · 24-02-09

People have cash but they are holding on to it and do not want to invest in RE at the moment. They are using the wait and see poilcy.

kkkumar · 24-02-09

which area or areas in chennai according to you would be a prospective buy for a one ground plot assuming an investment in the range of 20 to 25 lakhs, has omr lost its glory?

kvinayag · 25-02-09

Quote:

Originally Posted by kkkumar

Could someone tell me the RE trend and the cost per ground in that area, typically near CRR puram water tank, thank you

I too kind of curious to know about the land price in Mugalivakkam. Can anyone post the map of that area? Just want to know how fas is this place from Porur?

Does it have a growth potential in terms of infrastructure?

Any one with thoughts please share your views.

vpsureshkumar · 25-02-09

Mugalivakkam is very close to Porur. It is on left hand side of Arcot road as you head towards Porur junction from Valasaravakkam. There is a road Mugalivakkam main road connecting Arcot road into Mugalivakkam. I think there is alot of development going on. It is getting saturated. Per ground rate can easly go up to 60-70L. I saw that in Sulekha. Adjacent to that is Manapakkam towards the southern side.

23-02-09	#1
kkkumar Member Join Date: Sep 2008 Posts: 87 Thanks: 0 Thanked 0 Times in 0 Posts	Land cost in L&T colony mugalivakkam behind DLF Could someone tell me the RE trend and the cost per ground in that area, typically near CRR puram water tank, thank you

24-02-09	#5
kkkumar Member Join Date: Sep 2008 Posts: 87 Thanks: 0 Thanked 0 Times in 0 Posts	which area would be the best bet for investment which area or areas in chennai according to you would be a prospective buy for a one ground plot assuming an investment in the range of 20 to 25 lakhs, has omr lost its glory?

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24-02-09	#3
lovebird Member Join Date: Dec 2008 Posts: 387 Thanks: 0 Thanked 0 Times in 0 Posts	Now no one has cash to buy any costly land

24-02-09	#4
vpsureshkumar Member Join Date: Dec 2008 Posts: 84 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	People have cash but they are holding on to it and do not want to invest in RE at the moment. They are using the wait and see poilcy.

25-02-09	#7
vpsureshkumar Member Join Date: Dec 2008 Posts: 84 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Mugalivakkam is very close to Porur. It is on left hand side of Arcot road as you head towards Porur junction from Valasaravakkam. There is a road Mugalivakkam main road connecting Arcot road into Mugalivakkam. I think there is alot of development going on. It is getting saturated. Per ground rate can easly go up to 60-70L. I saw that in Sulekha. Adjacent to that is Manapakkam towards the southern side.