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Existing rates of flats in & near RWD Palm, Medavakkam, Chennai

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Existing rates of flats in & near RWD Palm, Medavakkam, Chennai

Last updated: October 10 2018
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  • Existing rates of flats in & near RWD Palm, Medavakkam, Chennai

    Hi,

    I am looking to buy a ready to move in flat (3 BHK) near RWD Palm, in Gayatri Nagar, Medavakam. The rate quoted is 4950/sqft. It is a small building with 5 flats. Can someone please help out? Is this rate ok for this area?

    I remember my friend enquiring about a flat around this area 5 years ago and at that time, it was quoted at 5300rs /sqft. So I do not understand the price trends.

    Also, since this is from a small builder, what all things do I need to check? I am a novice in real estate. Can someone please help out.
    Last edited October 5 2018, 03:47 PM.
  • #2

    #2

    Re : Existing rates of flats in & near RWD Palm, Medavakkam, Chennai

    Medavakkam was much hyped 5-6 years back and sq rate was steadily increasing but prices is stagnant in this area for last 2-3 years.

    If you get it for better rate, you should be happy.

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    • punitha_ponraj
      punitha_ponraj commented
      Editing a comment
      Thank you sir... Any idea what is the ongoing rate for gayathri nagar near rwd palm.
  • #3

    #3

    Re : Existing rates of flats in & near RWD Palm, Medavakkam, Chennai

    5000 - 5300 per sq feet from my knowledge but you can negotiate and bargain for less than 5000/sq feet.

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