143,322+ Members
   Get Started   Latest Posts Search Today's Posts Mark Forums Read
IREF® Real Estate in India - Property Discussion
IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Chennai > New airport shelved
Reply
 
LinkBack Thread Tools Search this Thread
Old February 28 2010, 10:55 AM   #1
abk is offline abk
Senior Member
 
Join Date: Dec 2008
Posts: 619
Likes Received: 10
Likes Given: 1
Default New airport shelved

The green field airport is shelved,so members detroit and other projects quoting the airport USP should be overlooked.

this applies to most proposals of new roads,cities,financial cities etc.the growth here should be taken with a pinch of salt.

the 400 ORR is an example which was proposed 10 years back and is still on paper.

the pallavaram thoriapakkam road is still not connected to GST since the formation of road 8 yrs back........etc.

if you need to invest invest where social infra is already in place.this is for low risk takers,if u have a huge appetite for risk then .....
 
Old February 28 2010, 05:28 PM   #2
Member
 
Join Date: Aug 2009
Posts: 82
Likes Received: 1
Likes Given: 0
My Mood: Cool
Default

http://www.hindu.com/2010/02/28/stor...2850220100.htm

And the next one.

I was expecting something of this kind, after visiting Fair Pro 10, to increase Chennai RE.

It's wise to Invest in places where you got Infrastructure, Connectivity and other facilities that exist when you are buying, rather than in Paper.
 
Old February 28 2010, 06:57 PM   #3
New Member
 
Join Date: Feb 2010
Posts: 6
Likes Received: 0
Likes Given: 0
Default

Quote:
Originally Posted by REUser View Post
http://www.hindu.com/2010/02/28/stor...2850220100.htm

And the next one.

I was expecting something of this kind, after visiting Fair Pro 10, to increase Chennai RE.

It's wise to Invest in places where you got Infrastructure, Connectivity and other facilities that exist when you are buying, rather than in Paper.
You are right, we cant buy assuming that we will get some infrastructure after 15 years or never
 
Old March 8 2010, 07:31 PM   #4
Almighty
Unregistered User
 
Posts: n/a
Likes Received:
Likes Given:
Default

Quote:
Originally Posted by REUser View Post
http://www.hindu.com/2010/02/28/stor...2850220100.htm

And the next one.

I was expecting something of this kind, after visiting Fair Pro 10, to increase Chennai RE.

It's wise to Invest in places where you got Infrastructure, Connectivity and other facilities that exist when you are buying, rather than in Paper.
Explains why I can quote any price in developed areas like Saligramam! LOL!
PS. Wisey any answers?
 
Reply



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
Plots near Airport
Mohali kharar bypass project shelved ?
1 BHK flat near Airport.
IGI airport adjudged world's most improved airport
Is ncr getting another airport


Tags
airport, shelved
".Chennai.", ".Tamil Nadu."India