Need Advice: Should I invest? - Indian Real Estate Forum

johnson_raj · 24-11-07

I am looking to buy a plot (mainly looking at Sriperumbudur and Urapakkamunder) in chennai.

The undercertainities in Sriperumbudur is, they want full cash.

I am also looking at VGP ramaujar -II, where Dr Raaj has said the registration is stopped. On enquiring they said, the land for airport about 2 - 3 kilometers from that point.

What I want from members is which is better in terms of appriciation. Also is it the time to buy land.

My opinion is Land prices may not decrease further, However flat price can go down.

Please give your views.

Regards,
Johnson

sreenidr · 28-12-07

I would agree with you. Also places like Sriperambattur will have lots of room for development ( the trend we see is expanding chennai and will soon take this place). Land investment in suburbs is safe in my opinion. I recently closed couple of grounds close to Prince Residentia near by toll plaza. Now looking for some interior lands in 3-4 lakhs range as mid to long term investment.

24-11-07	#1
johnson_raj New Member Join Date: Nov 2007 Posts: 19 Thanks: 0 Thanked 0 Times in 0 Posts	Need Advice: Should I invest? I am looking to buy a plot (mainly looking at Sriperumbudur and Urapakkamunder) in chennai. The undercertainities in Sriperumbudur is, they want full cash. I am also looking at VGP ramaujar -II, where Dr Raaj has said the registration is stopped. On enquiring they said, the land for airport about 2 - 3 kilometers from that point. What I want from members is which is better in terms of appriciation. Also is it the time to buy land. My opinion is Land prices may not decrease further, However flat price can go down. Please give your views. Regards, Johnson Last edited by julie; 25-11-07 at 06:34 AM.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Advice sought on CRZ stipulation applicable to ECR	sidney	Chennai	0	19-11-07 07:21 PM
Advice on investment..	arp245	General Real Estate Discussion	1	24-05-07 11:20 AM

28-12-07	#2
sreenidr New Member Join Date: Dec 2007 Posts: 7 Thanks: 0 Thanked 0 Times in 0 Posts	I would agree with you. Also places like Sriperambattur will have lots of room for development ( the trend we see is expanding chennai and will soon take this place). Land investment in suburbs is safe in my opinion. I recently closed couple of grounds close to Prince Residentia near by toll plaza. Now looking for some interior lands in 3-4 lakhs range as mid to long term investment.