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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Chennai > Help on Price in Ponmar
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Old January 8 2011, 09:09 PM   #1
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Default Help on Price in Ponmar

has anyone purchased plot in ponmar? the price quoted is 480/sqt.
the plot is behind prince venk engg college and one km from medavakkam mambakkam main road..
do you think ponmar also develop like sithalapakkam eventually?

 
Old January 9 2011, 10:18 AM   #2
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Icon27 ponmar

sithalapakka was like ponmar some years back. If you have patience and once the price appreciates, it will sky rocket. My enquiry reveals that a ground of land in sithalappakkam is around Rs.30 lacs. I come across many projects coming up around sithalappakka, ponmar etc.
 
Old January 9 2011, 11:30 PM   #3
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Quote:
Originally Posted by JAYASARATHI View Post
sithalapakka was like ponmar some years back. If you have patience and once the price appreciates, it will sky rocket. My enquiry reveals that a ground of land in sithalappakkam is around Rs.30 lacs. I come across many projects coming up around sithalappakka, ponmar etc.
thanks Jayasarathi...thats what my innermind says...
we went and saw the plot, its like village now..but good things is electricity is available and houses sorrounded..
 
Old May 4 2011, 11:16 AM   #4
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Default Chennai Ponmar - Land Price ?

Hi,

Is there anybody purchased plot in/near ponmar. The price quoted in Lakshmi Nagar (0.7km from Ponmar busstand) is around 650/sqt.

Is it worth to buy with this price now ?

Thanks in advance...
 
Old May 6 2011, 07:47 AM   #5
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lakshmi nagar location wise good as it is in existing village and it is DTCP approved..the problem is we never know how long it is going to take to develop (roads)..its kind of debatable..but for investment purpose or for reselling purpose, it is good choice...if u want to live, may need to consider
 
Old May 9 2011, 03:57 PM   #6
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Thanks for the reply.Please let me know if you know someone who is having the plot in lakshmi nagar.
 
Old May 18 2011, 12:26 PM   #7
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I found an apartment neaby Sithalapakkam, Jeyanagar bus stop, am choosing the apartment at first floor with 1066 sq feet, the total amount is 35 lakhs, is it sounds good, or do i need to negotiate more for the price, Please assist me guys.
 
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