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Property Price Trends in Chennai

Last updated: 4 weeks ago
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  • Re : Property Price Trends in Chennai

    What is the impact of ORR to Tambaram, Chrompet, Camp Road, Selayur? Is these areas getting benefitted by any means. Any impact on land prices in these areas.

    Any other recent development on infrastructure, road Rail, bridge etc. specifically for Selayur, Camp Road junction? Pls share your thoughts.

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    • Re : Property Price Trends in Chennai

      Welcome Haojin.

      I am surprised even South Koreans have interest in Chennai RE.

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      • Re : Property Price Trends in Chennai

        what is the price trend of flats in Poonamallee? Rate per sft.

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        • Re : Property Price Trends in Chennai

          What's price trend in medavakkam near isha yara.. Anyone plz share your idea in buying flat in this location.

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          • Re : Property Price Trends in Chennai

            Hi I am planning to buy a 3BHK apt in Shankar Nagar Pammal with Appaswamy their quote is RS.4050 per sq ft. Is the price worth? Also all together a 3 BH 1360 sq ft is totally coming to 65 lakhs....Also anyone pls guide or share ur ideas on the ground water in Shankar Nagar Pammal

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            • Re : Property Price Trends in Chennai

              where there is money there is monkey business

              ECONOMICS FEBRUARY 28 Are banks rigging the price of gold?
              Thinkstock
              Thinkstock
              A finance researcher who in a landmark 2008 paper uncovered the manipulation of the London Interbank Offered Rate (LIBOR) has claimed that the price of gold is being manipulated in a similar manner, according to Liam Vaughan of Bloomberg.

              New York University Professor Rosa Abrantes-Metz's theory about LIBOR manipulation eventually led to banks being fined $6 billion.

              In a new paper, she and her co-author screened intraday trading in the spot gold market from 2001 to 2013 for sudden, unexplained moves that may indicate illegal behavior. They claim that the way in which the gold price is set "is certainly conducive to collusion and manipulation, and the empirical data are consistent with price artificiality." They conclude: "It is likely that co-operation between participants may be occurring."

              The gold price benchmark is determined twice a day, at 10:30 a.m. and 3 p.m., in conference calls between member banks of the London Bullion Market Association (LBMA), and is based on the current market price, plus or minus any orders that member banks or their clients wish to make. Like the LIBOR rate, the gold price set by this process is used as a benchmark by other banks and financial institutions around the world. In a $20 trillion market like gold, being able to set the benchmark price of an asset with little or no regulatory oversight could be seen as an opportunity for profitable insider trading.

              Of course, none of this actually proves that the gold price is being rigged for profit. But it does mean that financial regulators need to look at it more closely. - - John Aziz

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              • Re : Property Price Trends in Chennai

                Originally posted by smdeep83 View Post
                Hi I am planning to buy a 3BHK apt in Shankar Nagar Pammal with Appaswamy their quote is RS.4050 per sq ft. Is the price worth? Also all together a 3 BH 1360 sq ft is totally coming to 65 lakhs....Also anyone pls guide or share ur ideas on the ground water in Shankar Nagar Pammal
                Hi the rate is little high compare to near by small community. 500 rs seems little higher end

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                • Re : Property Price Trends in Chennai

                  Vandalur bus terminus sanction letter available for our eyes
                  Apartments for sale in vandalur - Ruby Landmark

                  This builder has uploaded the scanned pages

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                  • Re : Property Price Trends in Chennai

                    Price Trends across Metros

                    Several of the data in Chennai lacks credibility and looks to be a shoddy collection with complete disregards to sensibility..

                    Sample: OMR/Navalur had a rental rise of 18% while Alwarpet fell 42% in the last 1 year

                    This takes the cake: Sholinganallur prices rose 42% Pammal clocked 8% rise while KK Nagar and Mylapore lost 19% and 13% respectively

                    99acres should concentrate more on building the online platform than attempting an amateurish work like this.

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                    • Re : Property Price Trends in Chennai

                      I guess "garbage in garbage out".
                      If your source data is listing data in 99acres, on which you run analytics and produce such reports i can only feel sorry.
                      Listing price on an online portal means nothing, no one discloses the closing price, so the variance is unknown.
                      What is the source of this data, what is the public domain source data for rentals ? how wide are the the sample points?
                      Its amusing at best, if 99acres gets a flat for 7000 in choolaimedu im sure many IREF members will buy.

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