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Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

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Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

Last updated: June 21 2011
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  • Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

    Dear members,

    I have located a property 1800 sq.ft in Gajalakshmi Nagar,near Manimangalam mudichur road. The rate quoted by the seller is Rs.800/- per Sq.ft. I want to know whether this is the right price and the place is a water logging place and also is there any proposal from the panchayat to expand the road in the front. what will be the future prospects. I am buying for investment purpose,.

    can anybody help me as I have to invest immediately

    subha
    advocate
  • #2

    #2

    Re : Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

    How far is Gajalakshmi in the Mudichur manimangalam road ? Is it closer to the main road ? Manimangalam area is fast developing and I feel that since you are talking of road expansion , the plot is closer to the road... are there houses in this vicinity ? Is it near PTC colony ? Please specify...

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    • #3

      #3

      Re : Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

      When you say that the road is being extended and that he is selling for Rs.800 per square feet is really very low for a central area like manimangalam. So i better suggest you to think twice in this matter because there are many issues related to this. Don't risk your money.


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      • #4

        #4

        Re : Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

        Rs 800 is too much for such a far off place

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        • #5

          #5

          Re : Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

          FOR INVESTMENT U CAN BUY IN OMR AND ECR MAIN

          HI FOR INVESTMENT IN LAND FOR HIGH PROFIT YOU CAN INVEST IN OMR AND ECR NEAR TO MAIN ROAD

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          • #6

            #6

            Re : Investment Options: Property Rates,Gajalakshmi Nagar, Manimangalam - Chennai

            I got an offer for property in PTC colony for 800 SQ Ft place with 590 SQ Ft feet built in for 13L. I would like to know whether the price is on higher side? Your input would be appreciated.

            Regards
            Pennesh

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