Announcement

Collapse
No announcement yet.

Price trends in Chennai for 2010-2011

Collapse
X
Collapse

Price trends in Chennai for 2010-2011

Last updated: November 24 2011
12 | Posts
6086 | Views
  • Time
  • Show
Clear All
new posts

  • Price trends in Chennai for 2010-2011

    What is the price trend per sq.ft in Chennai for 2011?
  • #2

    #2

    Re : Price trends in Chennai for 2010-2011

    Chk this link - Residential Property Price Trends in Chennai - Real Estate, Apartment, Flat, Plot, Villa, Houses Rates in Chennai - ****************

    Eventhough it's not reflecting the exact price scenario, you could get an overall idea.

    Comment

    • #3

      #3

      Re : Price trends in Chennai for 2010-2011

      Thank you for that link.It was very useful as a rough guide.

      Comment

      • #4

        #4

        Re : Price trends in Chennai for 2010-2011

        Originally posted by braveman View Post
        Chk this link - Residential Property Price Trends in Chennai - Real Estate, Apartment, Flat, Plot, Villa, Houses Rates in Chennai - ****************

        Eventhough it's not reflecting the exact price scenario, you could get an overall idea.
        The issue with this link is that the prices should have been broken down by type of property ( plot, house or flat).

        Because of mixing up all types of properties in calculating sq.ft price some of prices look like comedy. Oragadam, a far away place is showing higher price almost equal to OMR, Medavakkam or Pallikarnai which is unbelievable. For a place like Anna Nagar price shown is much lower then actual, even for Adambakkam price shown is much lower then it is.

        Comment

        • #5

          #5

          Re : Price trends in Chennai for 2010-2011

          So at the outset it is not trust worthy

          Comment

          • #6

            #6

            Re : Price trends in Chennai for 2010-2011

            Anyway the 'trends' on property broking sites are based on what is on offer on their site and that is way too inflated. Don't go by it

            Comment

            • #7

              #7

              Re : Price trends in Chennai for 2010-2011

              Draft guideline value for SROs in chennai has been posted
              Valuation

              Comment

              • #8

                #8

                Re : Price trends in Chennai for 2010-2011

                Thanks for the link.
                Can you please explain which category shud I check among Residential Class I, Class II, Class III, Class V

                Will this new guideline value have any impact with resale apartments?

                Comment

                • #9

                  #9

                  Re : Price trends in Chennai for 2010-2011

                  thanks for the link leading to latest guideline values. I wonder what would be the real estate scenario once the new guidelines takes effect giving scope for the realtors to play the game ruthlessly.

                  Comment

                  • #10

                    #10

                    Re : Price trends in Chennai for 2010-2011

                    Regarding residential class - Not sure in detail. Superficially - The class 1 is superior to class 2 and it goes on.

                    Regarding houses, these raise have been already factored in and based on various factors and current grim situation it would be difficult to say if there would be an increase. The revenue for the government would increase as one would have to register the land at the current guideline value. This will as well bring down the black money circulation.

                    Comment

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