New Apartment in T. Nagar sold for 7k per sft - Indian Real Estate Forum

mogan · 21-07-09

Friends - Got information that a brand new (more than 1500sft) ready to move in apartment was sold for Rs. 7,000/- per sft (including car park) the builder was quoting Rs. 8000/- then dropped the price to 7K. The apartment location near Murgan Idly Shop (G. N. Chetty Road) in Nathumani Street.

06-08-09

Excellent buy why did you not buy it?

PS. Selling bear lies on this forum wont make the bull story go away!

mogan · 09-08-09

Why should I joke in this forum, people who want to verify can go the the street mentioned and check with the watchman or caretaker of this new building. I did not buy it cause did not have a need for one.

arunragavan · 11-08-09

Well it is a good buy.. i hears somehwere in Ashok Nagar 12th Av., per sq feet is around 5800 rs. (close to 6000rs). In T.Nagar it would surely be 7+.. Proceed

13-08-09

Quote:

Originally Posted by mogan

Why should I joke in this forum, people who want to verify can go the the street mentioned and check with the watchman or caretaker of this new building. I did not buy it cause did not have a need for one.

Maybe you are not lying but you seem to be talking in doubtful tense. If someone is selling such a property and if it is good then take it. Remember TNagar is a generic term. If it is Habibullah road then this price is unrealistic. If it is WestMambalam near some Kuppam, it may be yet costly. I personally do not know the area you mentioned so I cant comment beyond this. I assume it is some cutting on GNChetty road and whether that leads to a slum or a posh locality is something I dont know. BTW I dont know about idlies in that Murugan shop! Cheers.

mogan · 20-08-09

This area is a very good residential area connecting GN Chetty and North Usman Road Behind GRT's new building.

Economist · 20-08-09

Go for it dude,GN Chetty road is excellent.7K for new is cheap.

kkkumar · 20-08-09

Please do not mistake me, seriously asking if some one has that huge cash as 10500000 Rs thats over 200 thousand dollers'''' ,really mindbogling, and how long will it take to clear any bank loan? Are these affordable by salaried people? CANT REALLY UNDERSTAND'

vijai5 · 20-08-09

in annanagar metrozone is promoting for rs 5500

mani_vaidya · 20-08-09

Quote:

Originally Posted by vijai5

in annanagar metrozone is promoting for rs 5500

The builder charges 29.5% common area which is the highest I think in Madras.

Vaidy

View Poll Results: Your Views on Apartment price in T. Nagar
Will the price drop further	13	61.90%
Have we hit the bottom	2	9.52%
Yes right time to buy	3	14.29%
It will go up now	3	14.29%
Voters: 21. You may not vote on this poll

21-07-09	#1
mogan New Member Join Date: Jun 2009 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	New Apartment in T. Nagar sold for 7k per sft Friends - Got information that a brand new (more than 1500sft) ready to move in apartment was sold for Rs. 7,000/- per sft (including car park) the builder was quoting Rs. 8000/- then dropped the price to 7K. The apartment location near Murgan Idly Shop (G. N. Chetty Road) in Nathumani Street.

09-08-09	#3
mogan New Member Join Date: Jun 2009 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	Check for yourself Why should I joke in this forum, people who want to verify can go the the street mentioned and check with the watchman or caretaker of this new building. I did not buy it cause did not have a need for one.

20-08-09	#6
mogan New Member Join Date: Jun 2009 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	Good Area This area is a very good residential area connecting GN Chetty and North Usman Road Behind GRT's new building.

20-08-09	#8
kkkumar Member Join Date: Sep 2008 Posts: 87 Thanks: 0 Thanked 0 Times in 0 Posts	who has that huge sum to buy?? Please do not mistake me, seriously asking if some one has that huge cash as 10500000 Rs thats over 200 thousand dollers'''' ,really mindbogling, and how long will it take to clear any bank loan? Are these affordable by salaried people? CANT REALLY UNDERSTAND'

06-08-09	#2
Natarajg007 Unregistered User Posts: n/a	Excellent buy why did you not buy it? PS. Selling bear lies on this forum wont make the bull story go away!

11-08-09	#4
arunragavan New Member Join Date: Aug 2009 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	Well it is a good buy.. i hears somehwere in Ashok Nagar 12th Av., per sq feet is around 5800 rs. (close to 6000rs). In T.Nagar it would surely be 7+.. Proceed

20-08-09	#7
Economist Member Join Date: Dec 2008 Posts: 289 Thanks: 0 Thanked 2 Times in 2 Posts	Go for it dude,GN Chetty road is excellent.7K for new is cheap.

20-08-09	#9
vijai5 Member Join Date: Dec 2008 Posts: 95 Thanks: 0 Thanked 0 Times in 0 Posts	in annanagar metrozone is promoting for rs 5500

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