Announcement

Collapse
No announcement yet.

What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

Collapse
X
Collapse

What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

Last updated: June 24 2011
6 | Posts
2426 | Views
  • Time
  • Show
Clear All
new posts

  • What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

    i wanted to buy a second hand flat on kaliamman koil street (3bd) navin's (virugambakkam). the seller quotes 55-60 lacs which is ridiculous........
    the flat is about 10 years old.(not a luxury flat with just a lift faciltiy). Is the seller greedy or just right about the price?

    is it wise for us to even consider buying this ......or is there a better option (if i'm buying for a investment purpose )like the OMR flats which is about 25 lacs. i'm confused!!!!!
  • #2

    #2

    Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

    forgot to mention.............the flat is about 1100 sq.ft..

    Comment

    • #3

      #3

      Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

      Originally posted by bmohan View Post
      i wanted to buy a second hand flat on kaliamman koil street (3bd) navin's (virugambakkam). the seller quotes 55-60 lacs which is ridiculous........
      the flat is about 10 years old.(not a luxury flat with just a lift faciltiy). Is the seller greedy or just right about the price?

      is it wise for us to even consider buying this ......or is there a better option (if i'm buying for a investment purpose )like the OMR flats which is about 25 lacs. i'm confused!!!!!

      Price for a resale apt (10yrs old) seems very high, bczz I can see a few new apartments on offer for nearly the same price. I guess around 50L should be a good price. Is this near Elango nagar?

      Check ************ & ****************...I can see a few resale properties ranging from 35L to 50L more or less similar to your specifications.

      Good luck !!

      Comment

      • #4

        #4

        Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

        for investment dont go

        hi, yes the prices in this part is souring. In KK Nagar new flat price is around a crore to 2 cr (1000 to 2000 sq ft). dont know about the old flats prices, but if u r planning to invest better go for OMR or GST road

        Comment

        • #5

          #5

          Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

          OMR will become the next centre of chennai. So invest there.

          Virugambakkam and all arcot road will become like Royapuram in future. So congested

          Comment

          • #6

            #6

            Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

            Rs. 7000 - 8000 per sft is moderate for new flats off Arcot Road and about Rs. 5000 - 6000 per sft for resale flats.
            For investment purposes it is better to buy new flats

            Comment

            • #7

              #7

              Re : What Are The Ongoing Rates of a Flat in Virugambakkam, Chennai?

              Agree new flat will be good for investment. 7-8K for new flat appears to be high. Thought it is 6K+.

              Comment

              Have any questions or thoughts about this?
              Working...
              X