Hi Friends,

I had been to the FAIRPRO '09 Fair.My Impression after seeing, is that prices are stagnating for all ongoing projects and builders are trying hard to hold them up.

Prices are 10-20% lower for new projects in the pipeline and for ready to occupy flats.

The discount offered at the stall was very less and were in the range 150-500 Rs/sqft max.

For the benefit of fellow members I am posting the project/price details of some of the properties.



Akshaya Foundations

Adora - OMR - 3750/sqft
Aikya - Adyar - 12500/sqft

Alliance Group - Orchid Springs - 3199/sqft

Arihant Foundations

Heirloom - Thalumbur - 2499/sqft
Escapade - Thoraipakkam - 4150/sqft
Villa Viviana - Maramalai nagar - starting from 1 Crore

Asvini Foundations

Amarisa-phase1 - Ramapuram - 4500/sqft
Amarisa-phase2 - Ramapuram - 4250/sqft
Akshita - Madipakkam - 3800/sqft

Casa Grande

Riveira - Palikkarnai - 3450/sqft - before discount 3600/sqft
Silver Oak - Perungudi - 4300/sqft - before discount 4500/sqft
Madhuban - Madipakkam - 3300 /sqft - before discount 3500/sqft
Mylapore - R.K.salai - 12500/sqft
Plots
Ponmar -785/sqft - before discount 825/sqft
Maraimalainagar - 790/sqft - before discount 825/sqft

CeeDeeyes - Chenni Pattinam

Basic Rate - 1600/sqft All Inclusive - 2075/sqft

Chaitanya shanthiniketan

Sunnyvale - Ayanavaram - 4850/sqft
Serena - Rajkilpakkam - 2550/sqft
Gardenia - OMR - 1900/sqft
Green Park - Chitlapakkam - 3300/sqft

DLF

Gardencity - 3200/sqft - was told slash in prices expected in coming weeks.

Doshi Housing

Etopia I and II - Perungudi - 3895/sqft
Nakshatra - Tambaram - 2995/sqft - Completion May 2010
Tranquil - Velachery - 5500/sqft - Completion February 2010
Trinity park - Santhoshpuram,Vengaivasal - 3195/sqft - Completion April 2009
Serene Couny-Villas - Santhoshpuram,Vengaivasal - 2200,2600/sqft
LlanStephan - Chetpet - 9000/sqft - Completion May 2009
Sri Mahalakshmi - Ayanavaram - 4495/sqft - Ready to Occupy

ETA

Rosedale - OMR - 3100/sqft
Le Chalet - Villas - Sriperambudhur - 26 Lakhs - 37 Lakhs

Hiranandani Upscale - 4200/sqft

Hiranandani Palace Gardens - 3475/sqft

Indus Housing

anantya - Navalur,OMR - 2299/sqft + 400(other charges)
riviera villa - Navalur,OMR - 90 Lakhs onwards
habittera - urapakkam,GST - 2399/sqft + 400(other charges)
amber - Saidapet - 4750/sqft

Jain Housing

Ankush Prakas - Kilpauk - 7500/sqft - Ready to occupy
Amrit Kailash - Strahns Road - 4500/sqft - Ready to occupy
La Gardenia - Nungabakkam - 7500/sqft - Ready to occupy
Ansruta - Valluvarkottam, nungabakkam - 10000/sqft - Ready to occupy
Antariska - Kodambakkam - 4500/sqft - Ready to occupy
Eiffel Garden - Vadapalani - 4250/sqft - Ready to occupy
Saagarika - M.R.C Nagar, sea facing - 10000/12500 - Ready to occupy
Green acres - Pallavaram - 3900/sqft - Ready to occupy
Abhishek - Selaiyur - 3500/sqft - Ready to occupy.

Jamals

Orchid - Palikkarnai - 3500/sqft
Palazzo - keelkattalai - 3700/sqft
Grandeur - Velappanchavadi(near saveetha dental college) - 3200/sqft

KGEYES

3 Projects on L.B.Road, Thiruvanmiyur - 6650/sqft
Delmare - Beach road,Thiruvanmiyur - 7000/sqft
Carolina - Velachery,Taramani - 4500/sqft
Swathi - Sastri Nagar,Adyar - 8500/sqft
Kalakshetra - 8000/sqft

Landmark Constructions

Tiara - Perungudi - 4000/sqft - Completion on August 2009
Aston Ville - Vadapalani - 5500 sqft - Completion on July 2009
Tudors Place - K.K.Nagar - 6500/sqft
The Address - Adyar - 11500/sqft
The Grange - Palavakkam - 7500/sqft
Cenralia - Chrompet - 2950/sqft - prelaunch
Gem Towers - AnnaNagar - To be launched.
Mahalakshmi Heights - Ashok Nagar - To be launched

L&T Estancia
Construction in Progress
1st-3rd Floor - 3950/sqft
4th -12 floor - floor rise charge of 20/sqft for each floor
13th - 17th - 4450/qft

L&T Eden Park - 3600/sqft

Mantri Synergy - OMR
2800/sqft - with 20/floor rise
Special offer - First Floor - all inclusive
1140 sqft - 33,67,000
870 sqft - 28,50,000

Navin Housing

Dayton Heights - Nelson Manickam road - 6500/sqft + 30/sqft floor rise from 2nd floor
Subha Mangala - Ramapuram - 4200/sqft
Brookfield - Nanmangalam - 3500/sqft
Merrylands - Medavakkam - 3500/sqft

Olympia Opaline - 3441/sqft - spl budget flats available

PACE Builders

Anna nagar west - 4195/sqft - before discount 4495/sqft
Selaiyur - 3195/sqft - before discount 3495/sqft
Valasarvakkam - 2795/sqft - before discount 3295/sqft

PS Srijan

The Grand - Velachery - 5250 sqft - before discount 5500/sqft - Floor Rise applicable from 4th floor

Rajparis

Harmony - Medavakkam - 3100/sqft

Rajarathnam Constructions

RC Prince Gardenia - Perambur redhill road,Kolathur - 3600/sqft

Rajkham

Independant houses - Ayyapathangal - 2600/sqft

Real Value

Sai Skanda - Velachery - 4200/sqft
Sai Surya - Palikaranai - 3800/sqft
OMR opp SIPCOT - 13.20 Lakhs onwards

Shriram Properties

Trishakti - SIPCOT - 2750/sqft
Shankari - 1990/sqft

Sidharth foundations

Tulip - k.k.nagar west - 4800/sqft - completion march 2009
Natura - medavakkam - 3100 /sqft - completion july 2009
Visvaleela - Annanagar - 8500 /sqft - to be launched
Dakshin - Urapakkam - price TBD - to be launched
upcoming projects in porur, thoraipakkam, rajkeelpakkam, mogappair.

SIS

Safaa - Urappakam - 3150/sqft

SSPDL

Crescent - Kelambakkam - Vandalur Road - 2500/sqft
Upcoming 2 villa project one in OMR and one in Sriperambathur.

Sumanth & Co

Thiruvanmiyur - 6000/sqft
Besant Nagar - 11500/sqft

TVH

Lumbini square - Pursaiwalkam - 5500/sqft + 30/sqft floor rise from 5th floor
Ouranya Bay(Premium) - OMR,Padur - 3100,3200 + 25/sqft floor rise from 5th floor
Ouranya Bay(Budget) - 2bhk - 20 Lakhs
3bhk - 30 Lakhs
Ekanta - Coimbatore - 3100/sqft
Revata - Mogappair east - 4500/sqft
Kamya - K.K,Nagar - 7000/sqft
Metro Golden Nest - Sriperambathur - 1bhk - 15 Lakhs
2bhk - 22 Lakhs
3bhk - 28 Lakhs

VGN Group

Minerva - Mogappair,Nolumbur - 2975/sqft
3 in 1, 4 in 1 - 3800/sqft
Mahalakshmi Nagar,Thiruverkadu - 3500/sqft
Plots
Mugalivakkam - 52 Lakhs/grnd
Selaiyur - 50 Lakhs/grnd
SPKoil - 34 Lakhs/grnd
Katankulathur - 22-27 Lakhs/grnd

Yuga Homes

Shem Park - chemmenachery - 3300/sqft
Upcoming in Koyambedu, R.A.Puram(8000/sqft)



There are lots of properties and also lots of potential buyers.There is sure a sense of uncertainity among the builders and also the buyers on when to make the next move.It was evident that correction in RE prices have started to happen.

Requesting members to respond with their thoughts on the current trend.
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  • Originally Posted by ks2071746
    Dear friends,

    More views about Ruby Builders especially on the current rates settled/under negotiation in their projects are welcome pl. In small/medium projects of G+1 floors, hardly any promoter is maintaning 5 ft. gap/setback from the boundary. It is seen between 3 to 4.5 ft. mostly and very rarely 5 ft.

    ks2071746


    there are umpteen no of good builders in tambaram area look around dont go with a mindset of r--y .scout the area you will find a lot of options.
    and dont tell me he is the only good builder (who also deviates,strange knowing that he deviates you recommend him)
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  • Friends,

    Now that we are discussing how the trend could be in the coming months, I feel its of paramount importance that we should try and understand how the value of land appreciates in the course of time and how important are the plot size, location, FSI allowed etc for getting good returns.

    Most of us seem to agree investing in RE is productive in long term and everyone would enter whenever one finds the market inviting and suitable.

    Opinion is divided only on whether there will be an impending correction/crash (or) whether stagnation/stabilization phase would extend before the price bottoms out and starts rising again.

    The fundamental of RE investing seems,its how much you invest in Land share and more importantly in which location and at what price.

    Generally people buy flats inside the city because, land is not affordable to everyone.Even if land is affordable many prefer flats for various reasons such as less risk of encroachment,Rental income from tenants/corporate lease,Collective responsibility for maintainence,Better security,Better socializing prospects,Better provision and easy access to infrastructure,amneties,shops,schools etc.

    Irrespective of whether one is investing in flat/independant house/individual plot the appreciation is directly tied and proportional to how the locality develops and how the demand for land increases.

    I would like to invite opinions and advise from fellow members on some basic questions while buying and identifying a plot/location.

    please assume that the locality has all basic infrastructure and amenities and good future growth prospects and the plot is CMDA/DTCP approved.

    1.Whats the ideal plot size, extent, frontage etc to look while buying keeping in mind future prospects like possibility of joint venture, part sale etc?

    2.Does a larger plot mean more returns because of more FSI allowed? or less returns because its comparitively difficult to sell?

    3.What should be the road size preferred?Is it advisable to look for a corner plot?

    4.Is a plot on the main road better or one thats peacefully inside on one of the cross streets?

    5.After buying a plot, what precautions needs to be taken to prevent encroachment and being misused by others, like being sold to someone else etc.

    By raising these questions I am trying to understand if there is any pattern why different plots in the same locality sell at different rate?why one area in a locality becomes posh while others attract middle and lower income people?Why does some area become a commercial hub while other becomes residential?

    I am sure it will be useful to all, If we could get some answers.

    Thanks all of you in advance.
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  • Originally Posted by madrasi
    one of my friends finalised everything then took one of his relative to see his previous projects, this friend works in CMDA and said 'NO' point blank on inspection of his projects says he deviates blatantly. the setbacks of 5 ft from the boundary are not even 3 ft.


    Dear friend,

    Which is the project and what rate did he negotiate and the size of the flat, though ultimately he has not booked the flat?

    ks2071746
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  • Originally Posted by madrasi
    there are umpteen no of good builders in tambaram area look around dont go with a mindset of r--y .scout the area you will find a lot of options.
    and dont tell me he is the only good builder (who also deviates,strange knowing that he deviates you recommend him)


    Dear friend,

    I am not telling he is the only good builder. I agree there are somemore in the Tambaram area. This builder sticks to his delivery commtment with least delay. Irrespective of the booking in a project, he proceeds with the construction. Only thing is, he is a little costly, up by 10% depending on the exact location of the project as compared to others.
    He uses good quality materials and have continuous supervison. But I gather now, like others, he is also giving contracts for the construction
    in some of his new projects and I am afraid, the quality and schedules may undergo change.

    ks2071746
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  • Originally Posted by nabishek
    Friends,

    please assume that the locality has all basic infrastructure and amenities and good future growth prospects and the plot is CMDA/DTCP approved.

    1.Whats the ideal plot size, extent, frontage etc to look while buying keeping in mind future prospects like possibility of joint venture, part sale etc?

    ABK:
    the ideal size would depend on the road width, wider the road larger the plot size.smaller the road smaller the plot size.either case the frontage should be 40 feet for 1 gnd and about 100 for more than 4 gnds.or you can go for continous plots.see there are possibilities of indp villas or row houses too. it will depend on your budget. my take would be to invest in more than one area as you are never know which area will develop faster.

    2.Does a larger plot mean more returns because of more FSI allowed? or less returns because its comparitively difficult to sell?

    ABK
    you can always subdivide a larger plot.larger is better if road is wide and MSB is allowed.

    3.What should be the road size preferred?Is it advisable to look for a corner plot?

    ABK
    10 m and above, small corner plots abutting wide roads is not advisable as rules require you to leave a splay.

    4.Is a plot on the main road better or one thats peacefully inside on one of the cross streets?

    for living -peacefull-- for invstmnt main road.again adequate depth of the plot is required to manage road widening

    5.After buying a plot, what precautions needs to be taken to prevent encroachment and being misused by others, like being sold to someone else etc.

    change patta,compound,and regular visits.take a gift for the neighbour and keep good relationship with him and ask him to keep ypu informed, pray to god.

    By raising these questions I am trying to understand if there is any pattern why different plots in the same locality sell at different rate?why one area in a locality becomes posh while others attract middle and lower income people?Why does some area become a commercial hub while other becomes residential?

    ABK :
    POSH means POSH(rich & famous) people move in. commercial bcoz a good estb moves in and others follow. even a temple ,bus stop a bank,post off.registrar off or any other public bldng coming there would create a potential commercial hub

    I am sure it will be useful to all, If we could get some answers.

    Thanks all of you in advance.


    my views pls post yours
    CommentQuote
  • Thanks for posting abk, with your knowledge and experience in chennai real estate you are an asset to this forum.

    Let me share my views and thoughts.My opinions are only within the capacity of an observer of chennai RE and nothing more.

    please assume that the locality has all basic infrastructure and amenities and good future growth prospects and the plot is CMDA/DTCP approved.


    I believe for any locality to have sustainable appreciation; development of infrastructure and ameneties should also happen at uniform speed.

    Some possibilities how this could happen are as follows

    i) The locality falls within the ambit of local governing bodies and civic authorities and in the scope of latest development plans announced by the central/state authorities.
    ii) Big township planned by private Builders/Promoters independantly or in partnership with government/CMDA/TNHB
    iii) New SEZ,Industries,Companies creating job opportunities and creating new demand for housing in the vicinity.Can hope that the speculative interest would fuel rapid growth of all facilities.

    Observing how chennai has developed over the years, The appreciation seems to have followed the political will to develop a location by announcing lots of infrastructure and development plan.

    Each time a different political party comes to power,ongoing development is stalled or happens at snail's pace.The new government launches new development scheme in another location which is more aligned with their interest and agenda.

    This scenario of shift in focus during each term forces investors to hold land atleast for 10-15 years to see good appreciation.

    Today even though we have big players in RE who are capable of another powai or gurgaon, I am skeptical how successfull they will be with the huge township projects without support from the local government/authorities.I feel they will be reduced to the stature of any other builder who constructs good quality apartment with all amenities.Public/Private partnership in this front would be healthy.

    My bet on location for investment would be within CMDA/New Corporation limits and areas like GST road/Avadi/Kolkata Highway where satellite township has been planned and connectivity is well established and lots of new developments planned by the government.

    Chennai has huge scope to develop horizontally, Within the city with the possibility of increase in FSI we can expect higher buildings, widening of existing roads,better landscaping, decongestion of population density etc.

    I believe We can see lots of self sustained localities forming and adjacent towns become the nucleus for independant CBD's in future years.

    Following is my order of preference in selecting a layout

    i) Layout formed by government entities like tamilnadu houing board(TNHB), city improvement trust(CIT) etc
    ii) Layouts formed by companies and banks for their employees like AGS/TANSI/LIC/SBI etc
    iii) Layouts formed by co-operative societies.
    iv) Layouts from independant plot developers.

    I prefer wide roads and all infrastructure like water tank, school, drainage all well planned out.Sticking with government allocation eliminates the possibility of future acquisation or de-notification to a large extent.

    1.Whats the ideal plot size, extent, frontage etc to look while buying keeping in mind future prospects like possibility of joint venture, part sale etc?


    I completely agree that the larger the road, the bigger should be the plot bought.My take is 1 ground plot if its on the cross streets and 1.5-2 ground plot if its on the main road.

    If one is deciding to buy multiple plots, I feel buying as 2Xn matrix blocks(two plots one behind the other with each row facing differnt roads) is better considering future JV or part-sale possibilities.

    Regarding, TNHB plots I would prefer HIG VIP allocations.

    2.Does a larger plot mean more returns because of more FSI allowed? or less returns because its comparitively difficult to sell?


    Though I cant say with certainity, I still believe FSI allowed is being used largely to mark the price of a plot.Within the city larger plots fetch higher price while outside the limits larger plots are priced cheaper compared to individual plots.I am still lost here.

    3.What should be the road size preferred?Is it advisable to look for a corner plot?


    For me, any road smaller than 40' feet doesnt suit my taste.I wonder how for a metropolitan city like chennai approval is given for small roads like 16'.All the approval commitee seems to verify is whether all plots are accesible and is the plot size in proportion to the road size.Surprisingly these roads dont even include footpath, drainage or shoulder width.

    I also feel corner plots should be avoided.If one wants to buy it, they should consider only if its a large plot minimum 2 grounds.

    4.Is a plot on the main road better or one thats peacefully inside on one of the cross streets?


    Something that I have observed is that plots on the roads along the border of any locality, along the cooum or canal or dead ends attracts lower income people who work as domestic helps and doing small jobs in the locality.

    Main roads over a period of time attract commercial interest due to better visibility and frequency of vehicles passing, My choice would be plot thats hustled quitely farther but yet near to the main road.To be more clear, like one or two cross streets parallel to the main road.

    5.After buying a plot, what precautions needs to be taken to prevent encroachment and being misused by others, like being sold to someone else etc.


    This is a nightmare, and one of the main reason why I dont want to buy land and am looking for a flat with high UDS on min 40' road as a tradeoff.

    My advise would be to put up a board saying "this land belongs to", If could afford construct a compound and appoint someone to look after it or construct a small house and let it out.Threat of land grabbing and encroachment is really high and chance of getting conned is very high.

    By raising these questions I am trying to understand if there is any pattern why different plots in the same locality sell at different rate?why one area in a locality becomes posh while others attract middle and lower income people?Why does some area become a commercial hub while other becomes residential?


    An area becoming Posh, is because of high profile people coming and settling there.I notice that most posh locations are tucked away quitely from all congestion and activity.They arent the best connected places in terms of bus/rail, near to school/shops etc.Those peoples have cars and many people to run for them.

    These places offer privacy, good luxurious environment for living.The posh locations are pure residential hubs.A pointer to identify where the next posh location could be is to follow the grapevine on where politicians/businessmen/NRI's/IAS officers etc have invested.

    The other places in the locality which is nearer to all facilities like bus/train attract the middle and upper middle class people who are cost conscious and live on a budget and prefer everything to be available at the stretch of their hand.

    Please excuse me for the long post, Thanks for your patience.

    I Request other members who have succesfully invested and benefited to also share their experiences regarding RE investing.
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  • Dear friend,

    A good and valuable post.

    ks2071746
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  • Originally Posted by nabishek

    Please excuse me for the long post, Thanks for your patience.

    I Request other members who have succesfully invested and benefited to also share their experiences regarding RE investing.


    It was not a long post, it was a fantastic post.
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  • Dear friend,

    Can I say, though a long post, it is an excellent post?

    ks2071746
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  • In an attempt to create India's first housing index, RBI has come up with NHB Residex.

    It's a good reference to know which direction the trend is moving.

    Following is the link to Chennai price indicators.



    Its interesting to note, that the base year is 2007 which is the same year when the guideline value was revised.

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  • Dear friend,

    It it is unbelievable as:

    01) For Chennai, it indicates reduction of about 7% from 2008 Jan-June to 2008 july-Dec. average. Some areas have shown increases also which is not true. All the areas have shown some reductions.

    02) It shows increase in places like Bangalore, Mumbai etc. where the prices have come down much. Almost all areas of Bangalore and Mumbai have shown increases, in some locations, high increases in the second half of 2008 which is not believable.

    ks2071746
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  • Friends,

    List of projects from "South India Property Fair 2009".

    The Fair largely featured small/medium sized builders and plot developers.

    The mood was generally upbeat, with many hoping revival in coming months due to stable government at the centre and forthcoming Budget.

    From what I noticed, people still felt the price was high and were looking for projects near the city while the ones featured were all in the outskirts.

    It still is a market undergoing corrections, the prices have still not bottomed out.



    Aadinath Homes

    Madha Castle - T.Nagar - 9800/sqft
    Daffodils - Thoraipakkam - 2900/sqft

    BSCPL Infrastructure

    Bollineni Hillside - Off OMR - 2500/sqft(apartments),3200/sqft(villas)

    Himayam Builders

    T.Nagar,Madley street - 6250/sqft
    T.Nagar,C.I.T Nagar - 5800/sqft
    Velachery,A.G.S colony - 3800/sqft
    Kodambakkam,United India colony - 5800/sqft
    Perambur - 3250/sqft

    Macro Marvel Projects

    Marvel shire - Sriperumbudur - 2350/sqft

    Marutham Group

    Marutham Orchid - Urapakkam - 2500/sqft
    Marutham Residency - Guindy - 3900/sqft
    R.K.Mejesty - Korattur - 3300/sqft
    Marutham Thulasi - Pallikarnai - 3000/sqft
    Marutham Mullai - Madambakkam - 2800/sqft
    Marutham Gem - Madambakkam - 2600/sqft
    Marutham Kurunji - Ambattur - 2800/sqft
    Marutam Pearl - Vandalur - 2550/sqft

    Mehta Havens

    Gokulam - Velachery - 4200/sqft
    Srinivasam - Madipakkam - 3200/sqft

    Green Avenue Homes

    Dhakshin City(Villas) - Vandalur - 2300/sqft

    Shyams(S.P. Homes)

    Radhae Shyam - Vanagaram - 3295/sqft
    Shyams Riveara - Thirumullaivoyal - 2495/sqft
    Shyams Chitra - Thoraipakkam - 4195/sqft

    Vinoth Promoters

    Vinoth Vetri - Aminjikarai - 4500/sqft
    Vinoth Valencia - Mogappair - 4500/sqft

    Winner Upscales

    Sri Garudhadhri - Keelkatalai - 3000/sqft

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  • It is costing Rs.2350/sq.ft at sriperambadur and Rs.2300/sq.ft at vandalur zoo.

    Can't understand how people are still expecting RE to bottom out.

    Infact Rs.5800/Sq.ft at United India colony, kodambakkam in the heart of south madras looks underpriced when compared to Rs.2300/sq.ft at Vandalur zoo which is 70 kms from Anna Salai.
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  • Originally Posted by contra
    It is costing Rs.2350/sq.ft at sriperambadur and Rs.2300/sq.ft at vandalur zoo.

    Can't understand how people are still expecting RE to bottom out.

    Infact Rs.5800/Sq.ft at United India colony, kodambakkam in the heart of south madras looks underpriced when compared to Rs.2300/sq.ft at Vandalur zoo which is 70 kms from Anna Salai.

    For last few days after election results we can hear stories of RE price going up again.These stories are mostly planted by RE owners or builders to push their unsold inventory to unsuspecting buyers.Can these people show proof of this.They think if they can create an false impresion that RE is going up buyers will buy in a haste without thinking much.

    But sure it is going to backfire on them.Atleast now end users are slowly starting their enquires thinking prices have reduced.If you create false noise of price going up again they will not even care to enquire leave alone buying.Buyers have learnt their lesson and dont think you can cheat them this time.
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  • Originally Posted by contra
    It is costing Rs.2350/sq.ft at sriperambadur and Rs.2300/sq.ft at vandalur zoo.

    Can't understand how people are still expecting RE to bottom out.

    Infact Rs.5800/Sq.ft at United India colony, kodambakkam in the heart of south madras looks underpriced when compared to Rs.2300/sq.ft at Vandalur zoo which is 70 kms from Anna Salai.


    Nice to your comparison on RE Prices in Kodambakkam & Vandalur/Srip.

    When you and me doing through analysis before committing reasonably good amount on RE , Dont you think that the Promoter who is investing crores would have done due analysis before pricing ? It appears that the promoter would be knowing the pulse of the market and realised the price that he can command. Am sure still he would be making 30-40 % as profit margin.

    Its just depends on howlong a promoter takes to realise the pulse of the market and the prolonged mute mode will drive him out of market or dormant.

    As a bull ,when seeing this Kodambakkam project underpriced & foresee a bull-run, you should quickly grab this under-priced property and make huge profit.
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