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Ongoing Price: Residential Property at Maduravouyal - Chennai

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Ongoing Price: Residential Property at Maduravouyal - Chennai

Last updated: April 18 2018
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  • Ongoing Price: Residential Property at Maduravouyal - Chennai

    Friends,

    What would be the reasonable rate of a independent house ( land area 1 ground ) and land in maduravoyal area ?

    Thanks
    Last edited April 18 2018, 11:40 PM.
  • #2

    #2

    Re : Ongoing Price: Residential Property at Maduravouyal - Chennai

    Friends, Any information about maduravoyal real estate situation ?

    Comment

    • #3

      #3

      Re : Ongoing Price: Residential Property at Maduravouyal - Chennai

      Well .. It is hard to find a CMDA approved plot close to the new PH Road in maduravoyal .. lots of unapproved plots ... you get TNHB plots a little far from the PH road .. not sure about the price ..

      Comment

      • #4

        #4

        Re : Ongoing Price: Residential Property at Maduravouyal - Chennai

        Originally posted by mrajmohan View Post
        Friends,

        What would be the reasonable rate of a independent house ( land area 1 ground ) in maduravoyal area ?

        Thanks
        A vacant plot measuring about one ground was quoted at Rs.70 lakhs in Nolambur .This is an area across the Poonamallee High road opposite Maduravoyal but slightly ahead towards Poonamallee.But at that rates there were no takers and the promoters DABC {who have also promoted apartments in that area} were running around frantically to sell it before 31st march to repay some bank commitment.

        Do not know the situaton now.

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        • #5

          #5

          Re : Ongoing Price: Residential Property at Maduravouyal - Chennai

          Dear friend,

          The situation may not be any better now and may be still worser in today's hardly any takers at the price now. Every one is waiting to see a fall of 35 % like in the prices of plots and flats. If it falls down by 35 %, even then they will still hold on expecting further fall. Irrespective of the fall or increase, there are needy people who still buy or sell.

          ks2071746

          Comment

          • #6

            #6

            Re : Ongoing Price: Residential Property at Maduravouyal - Chennai

            I am looking at a land in Maduravoyal opposite MGR university few hundred meters from main road the cost is at 5500 per sq ft, do you guys advice if its good place to invest , I heard house rent only goes around 6-7k. I am not sure how the area , water quality etc is ?



            Any info and advice is much appreciated

            Comment

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