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Are Chennai Property Prices Fall Going To Fall In Near Future?

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Are Chennai Property Prices Fall Going To Fall In Near Future?

Last updated: January 7 2010
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  • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

    now strongsville vs natarajg007

    Originally posted by Natarajg007 View Post
    That is where you are absolutely lost. Tell me how many people you know of who have committed suicide in INDIA because of stock market crash? Dont tell me about some NRI who got jacked up in USA with DJI? Now that guy has once made a fortune in trading and today he loses.
    Do you know the number of farmers commiting suicide in Karnataka? I pity them. And folks like you with some silly education and can fit in a BPO expect sky high salaries and yet want subsidised food, rather controlled food from these farmers. So if someone did die out of DJI or Nasdaq crash that does not mean realestate in India has to crash.
    I think you are the sort of folk who says that Crow sat and Coconut fell. Folks like you have hijacked this forum for your own convenience and does not mean I shouldnt drive sense into the others.
    So, now it is strongsville vs natarajg007? Does this mean the fight between wiseman vs natarajg007 has lost the steam or still there with same or increased steam? All these guys place very lengthy messages and they should be very crisp and short and reduce their number of words to, say half of what they give now.:p

    ks2071746

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    • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

      Kirukku payele, teach Wiseman how kirukkus like you calculate CAGR if a plot that sold at 11k in 1989 costs 25L today.
      Whattheheck!

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      • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

        kottivakkam


        What is the price per sq ft for flats in Kottivakkam ,Chennai??
        Is it worth investing in Kottivakam now???

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        • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

          Originally posted by deepika View Post

          What is the price per sq ft for flats in Kottivakkam ,Chennai??
          Is it worth investing in Kottivakam now???
          ON the fringes of Kottivakkam if the name is Tiruvanmiyur the typical cost of flat was quoted at 10Kpsft just 2 weeks ago. Just a couple of minutes ago I saw this post in 99acres for a flat in VGP Nagar Palavakkam for 75L for 1450sqft or about 5200psft. This place is on the seaside and just 500m from water level and I will always think other than Madrasi' crazy idea that Beach is the end of the world, I wont buy on the seaside of ECR. So if you are talking of Kottivakkam away from the sea and if the land is well documented (other than couple of layouts rest are all Panchayat land!) then price can be pretty high. I will not sell my land in Kandaswamy nagar in Palavakkam, DTCP layout for less than 8K psft since if I build a flat here at FSI of 2 today, I will get a 5.5K to 6.5K psft. Again one must note in this same nagar there are roads that are not laid yet, while I am talking of the posher side with concrete road street lights, water etc. So find the place, see the documents and then decide the price.

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          • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

            In few decades sea water will raise and areas like kottiwakkam will be in sea

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            • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

              Originally posted by Nataraajg007 View Post
              In few decades sea water will raise and areas like kottiwakkam will be in sea
              I hope in a few hours your id is washed out by the moderator.

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              • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?



                Originally posted by Natarajg007 View Post
                Originally Posted by Nataraajg007
                In few decades sea water will raise and areas like kottiwakkam will be in sea
                I hope in a few hours your id is washed out by the moderator.

                Sabaash, seriyana potti! hahah

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                • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

                  Originally posted by Natarajg007 View Post
                  I hope in a few hours your id is washed out by the moderator.
                  You may be washed out totally in the current down turn. Ha ha

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                  • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

                    finally a challenger

                    hello friends,

                    Finally our friend Nataraj has a challenger with his own name.
                    Fireworks are in store.hahaha.

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                    • Re : Are Chennai Property Prices Fall Going To Fall In Near Future?

                      Originally posted by deepika View Post
                      What is the price per sq ft for flats in Kottivakkam ,Chennai??
                      Is it worth investing in Kottivakam now???
                      kottivakkam is a developing locality and there are locales which abbut slums and undesirable ambience.if you are asking about investing i would advice velachery.(the inundation will be solved within a couple of years as many newly formed roads had blocked the runoffs(stormwater drains) this is being addressed by the corporation and drains are being constructed)
                      velachery has a lot of lifestyle amenities and commercial activity which will fetch you better rentals.

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