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Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

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Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

Last updated: July 6 2017
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  • Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

    Hi all
    I'm a real estate newbie... I'd like to know what the going price is for Kamakoti Nagar in Pallikaranai area ... and if the prices are likely to go up.

    Thanks!
  • #2

    #2

    Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

    What was the quote you got? Should be around 40L to 70L for a ground I guess?

    Comment

    • #3

      #3

      Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

      It will be about Rs 30 L now. Next year it would be Rs 25 L

      Comment

      • #4

        #4

        Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

        The ppl I've asked have been quoting anything between 25 lakhs per ground to 75 lakhs... So you see, I'm very confused.

        Comment

        • #5

          #5

          Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

          Wait till this year end.

          It will further come down as there will be no buyers are job are being lost

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          • #6

            #6

            Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

            Originally posted by Chax View Post
            The ppl I've asked have been quoting anything between 25 lakhs per ground to 75 lakhs... So you see, I'm very confused.
            Better to wait for atleast another 6 months.

            ks2071746

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            • #7

              #7

              Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

              Originally posted by Chax View Post
              Hi all
              I'm a real estate newbie... I'd like to know what the going price is for Kamakoti Nagar in Pallikaranai area ... and if the prices are likely to go up.

              Thanks!
              Infamous area for double documents and forgeries! Just be CAREFUL.
              Last year, it was around 40-45L

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              • #8

                #8

                Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

                Originally posted by Nataraajg007 View Post
                It will be about Rs 30 L now. Next year it would be Rs 25 L
                2009 - 30L
                2010 - 25L
                2011 - 20L
                .
                .
                .
                2015 - WHAT? LOL

                Comment

                • #9

                  #9

                  Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

                  Originally posted by gone_mad View Post
                  2009 - 30L
                  2010 - 25L
                  2011 - 20L
                  .
                  .
                  .
                  2015 - WHAT? LOL
                  2012 onwards it will go up.

                  2015 it will be Rs 40 L. So the people who bought last year for Rs 40 L will have same cost at 2012 also. Dut to inflation it will be cheaper

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                  • #10

                    #10

                    Re : Ongoing Price: Plot in Kamakoti Nagar, Pallikaranai

                    ^^

                    Kamakoti Nagar in 2015 now it is going above 1.4C

                    That is 24% pa CAGR or 42% pa simple return in 6 years.

                    Hindsight?
                    Last edited February 10 2015, 06:38 AM.

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