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Which are the Potential Areas for Buying Plots in Chennai?

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Which are the Potential Areas for Buying Plots in Chennai?

Last updated: March 29 2016
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  • Which are the Potential Areas for Buying Plots in Chennai?

    Hello

    Can someone let me know which is the fast appreciating area in Chennai to buy plots?

    Give me options and possibly indicate the reasons for appreciation

    Looking at investing 200-500 Rs/Sq.ft with the potential to get doubled in the next 2/3 years.

    Thanks
    Last edited January 19 2016, 01:29 PM. Reason: Original Name Mentioned
  • #2

    #2

    Re : Which are the Potential Areas for Buying Plots in Chennai?

    Here is the answer

    Invest in yourself, your earnings will surely double in that time frame.

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    • #3

      #3

      Re : Which are the Potential Areas for Buying Plots in Chennai?

      Expectations should be realistic!!!!

      If you are investing with an expectation to double your money in 2/3 years you will be disappointed.

      Land deals around Sriperumputhur - Oragadam belt / Vandalur Kelambakkam- Belt should fetch resonably good returns in the next 5 year term.

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      • #4

        #4

        Re : Which are the Potential Areas for Buying Plots in Chennai?

        Sriperumputhur - Oragadam belt : But ensure that land not falling under the proposed Greenfield Airport. Though, the project is cancelled at this moment. You cant confirm anything for sure. So, check out something nearby Triveni Academy, Hrinandani Garden Palace.

        And no investment can double your money in 2 or 3 years. It is true that RE investment has given hell lot of money for some ( I know people who have got 100 C) but nothing was originally planned for 2 or 3 years. Always, when it is RE investment, look out for longer period, say min. 5 yrs.

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        • #5

          #5

          Re : Which are the Potential Areas for Buying Plots in Chennai?

          Originally posted by blogger View Post
          Expectations should be realistic!!!!

          If you are investing with an expectation to double your money in 2/3 years you will be disappointed.

          Land deals around Sriperumputhur - Oragadam belt / Vandalur Kelambakkam- Belt should fetch resonably good returns in the next 5 year term.

          anyone heard about nedungundram village (kolapakkam)? when you travel from vandalur to kelambakkam, this area falls on the left hand side..
          Iam thinking because it may be little center for GST access and also to OMR (Assuming the road in vandalur-kelambakkam will be better in future)

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          • #6

            #6

            Re : Which are the Potential Areas for Buying Plots in Chennai?

            What is the current rate for plots in Kolappakkam and nedungundram area?

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            • #7

              #7

              Re : Which are the Potential Areas for Buying Plots in Chennai?

              Originally posted by bdineshraj View Post
              What is the current rate for plots in Kolappakkam and nedungundram area?
              680/sqft to 800/sqft depending upon the location and layout...i found these from 99acres

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              • #8

                #8

                Re : Which are the Potential Areas for Buying Plots in Chennai?

                Thanks for the info.

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                • #9

                  #9

                  Re : Which are the Potential Areas for Buying Plots in Chennai?

                  Vandalur - Kelambakkam road is already a 4 lane road nicely laid with plants in the middle!

                  Originally posted by predictor View Post
                  anyone heard about nedungundram village (kolapakkam)? when you travel from vandalur to kelambakkam, this area falls on the left hand side..
                  Iam thinking because it may be little center for GST access and also to OMR (Assuming the road in vandalur-kelambakkam will be better in future)

                  Comment

                  • #10

                    #10

                    Re : Which are the Potential Areas for Buying Plots in Chennai?

                    Places in Chennai that would appreciate well in 2016

                    I am sorry for the incomplete first post, I did enter i dont know what happened. Anyways I am looking for plots in chennai that would appreciate well. After the 2015 rains I am a bit confused. Can anyone help me on this?

                    Thanks in advance.
                    Last edited January 18 2016, 08:15 PM.

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