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Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai
January 18 2009 , 05:48 PM   #1
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Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

Hi all
I'm a real estate newbie... I'd like to know what the going price is for Kamakoti Nagar in Pallikaranai area ... and if the prices are likely to go up.

Thanks!
January 18 2009 , 06:30 PM   #2
Natarajg007
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What was the quote you got? Should be around 40L to 70L for a ground I guess?
January 19 2009 , 11:53 AM   #3
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It will be about Rs 30 L now. Next year it would be Rs 25 L
January 19 2009 , 12:10 PM   #4
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The ppl I've asked have been quoting anything between 25 lakhs per ground to 75 lakhs... So you see, I'm very confused.
January 20 2009 , 01:02 PM   #5
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Wait till this year end.

It will further come down as there will be no buyers are job are being lost
January 20 2009 , 02:12 PM   #6
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Quote:
Originally Posted by Chax
The ppl I've asked have been quoting anything between 25 lakhs per ground to 75 lakhs... So you see, I'm very confused.
Better to wait for atleast another 6 months.

ks2071746
January 20 2009 , 02:57 PM   #7
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Quote:
Originally Posted by Chax
Hi all
I'm a real estate newbie... I'd like to know what the going price is for Kamakoti Nagar in Pallikaranai area ... and if the prices are likely to go up.

Thanks!
Infamous area for double documents and forgeries! Just be CAREFUL.
Last year, it was around 40-45L
January 20 2009 , 02:59 PM   #8
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Quote:
Originally Posted by Nataraajg007
It will be about Rs 30 L now. Next year it would be Rs 25 L
2009 - 30L
2010 - 25L
2011 - 20L
.
.
.
2015 - WHAT? LOL
January 20 2009 , 04:27 PM   #9
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Quote:
Originally Posted by gone_mad
2009 - 30L
2010 - 25L
2011 - 20L
.
.
.
2015 - WHAT? LOL
2012 onwards it will go up.

2015 it will be Rs 40 L. So the people who bought last year for Rs 40 L will have same cost at 2012 also. Dut to inflation it will be cheaper
February 10 2015 , 05:49 AM   #10
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^^

Kamakoti Nagar in 2015 now it is going above 1.4C

That is 24% pa CAGR or 42% pa simple return in 6 years.

Hindsight?
suresh2015 likes this.
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