rajeshwari

hi
Any idea about Manju foundations, who are going 2 launch semi independent and independent villas in "gergumbakkam" near porur... ????because this particular area falls under airport expansion plan

dssuresh

Today i talk to the manager of Manju foundation and he clarified that it does not fall under the the area of airport expansion. He said that already they have got the NOC for the same. Also when i referred google map it also refers the same...that is there is a distance of around .5 km for the proposed PSBB school porur which is right back of the proposed airport expansion. So when PSBB has started construction means hopefully there should not be any problem.

I am also interested in this project of manju foundation. If any one have more information please share with us.

Regards.

rajeshwari

thank u so much for the clarification....

They will be constructing only independent and semi independent villas only.. there will be five phases, booking started only for first II phases only.
Semi independent villas from 650 sq ft to 990 sq ft and independent villas 1300 sq ft.

Almighty

Villas of 1300sqft and semi for 650sqft..Awfully small.. and with the airport issue. Any sane buyer will keep away from such projects.

dssuresh

Hi,

Thanks for the informations. How about the option of lending it on rent. I am planning to purchase 1 semi-independent villa (650+850) and lending it on rent. I am planning to purchase it only as an investment. Can any one share about the prosepects of the demand in girugumbakkam.

Your cooperation is highly appreciated.

Regards,

dssuresh

Hi,
Thanks for the informations. I would like to the prospects of lending on rent. I am planning to purchase one complete semi independent house of 650+850 sq.ft and lend it on rent. I am purchasing it only for investment purpose. If i purchase an independent house of 1300 sq.ft then i may find it difficult to lend it on rent.

Request comments for the co-members and experts ....

Regards,

praveenmittal

Hi

Manju Foundation is charging 2500/- per sq ft. Also they are not providing many amenities. They are telling that within 10 months time, they will complete the work.

Therefore, can we rely on this builder. There is no much information on Internet about this builders. Their online site is a crap. They have done only one project in Tambaram. Not sure if they completed within stipulated time.

Anyone who knows about this builders, please contribute your comments. Is it feasbile to book a villa with this builders?

- Praveen

Almighty

Strange people who like to commit suicide and then their relatives come and cry. You buy where u should not and then cry! Vittil poochis! Why buy where there is danger?

sathyanhere

Yesterday i had a talk with Manager and also saw the airport expansion areas. AAI has made a fence around the lands which are being acquired for airport expansion which will be around 2 kms from the plots of manju foundations.

sathyanhere

Does anyone in this thread booked a plot there?