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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  • All said and clarified, 50-60% drop doesn't sound realistic!! My take is itz not going to happen.


    Originally Posted by wiseman
    Economist,

    Each and every one of my assessments could be entirely wrong and thats a caveat I make each time I say something.

    But, my assessments are not done to satisfy the likes and dislikes of people, thank God for that! :D

    It is done keeping in mind the larger picture and laws of nature. For example, if a 50 ton truck is headed your way at 50kmph and is 50 feet away from you without any impediments in between, you can always allow yourself to get distracted by looking at the traffic around you, the hummer driven by Harbhajan without registration plates, the Rolls of Mallya swishing by and all of that. But momentum will ensure you get crushed despite all the distractions. The Ostrich is famous for burying its head in the sand. Why should we Emu-latethe same? (pun intended!)

    In other words, you can get carried away by all the feel-good news occupying every nook and corner of the press and electronic media. And if you go back into recent history (say from Nov 2007), you will see that everytime this kind of news blanketed all media, markets took one look at the bigger picture and crashed. Know the reason why?

    The world (especially the developed one) borrowed almost all of the money saved by developing countries and morer and frittered it away on ueless things and excess capacity building. The world built up capacity that may be today 30% above consumption in many sectors; and this consumption is not coming back because lending is not going back to those levels!!! The world has thrown well over $10 trillion to try and make the 2007 fantasyland come back and all they have got is this anaemic bounce (not the stock market) in terms of manufacturing and exports. Even today, manufacturing is only matching what was 2008 bottoms. Shipping rates are again crashing. And most important, when Govts turn off the tap on bailouts and cash for spending programs, the common man will go back to sparse spending and saving every penny he can. That will put the reverse gear on all this turnarounds all over again!

    That period is right round the corner for a large part of the world. Stock markets started discounting the "worst is over" theory and "China is going to lead us out of the rut" theory till everyone found out that China has finally put a halt to stockpiling of commodities (so an impending crash in shipping and commodities is right round the corner) and worst of all, they lied about their recent quarter GDP growth (over 6%) while it could have been anything from -2.8% to +2%. So, the Shanghai Index is crashing almost every day by large margins. Did you see the news that has got the entire commodities market in a panic situation? China just announced that it will allow its State-owned Enterprises to renege on Commodity Contracts!!! And china is the largest importer of commodities in the World. If actually happened, it could lead to billions of $$$ in losses by commodity exporters who have already contracted at high prices and total panic in the commodity markets as there is no one else importing all of this stuff! Is this a sign of confidence in the future and "we will lead the world out of recession" leadership?

    So, dude. While you want to see the feel-good projections about the good times that are coming given out by the same people who had no clue about the bad times that were to come even days before they came, I would prefer to see if there is really any real sustainable reason for good times to come and remain! Most people who are hopeful of turnaround generally have some hidden agenda that is forcing then to focus only on the feel-good. I can understand that and have made many such mistakes in the past. But markets do not forgive easily and we can continue to hope for prices to go up and see our purchase get minced to shreds while we continued hoping!

    Time and again I have seen extreme bullishness preceding sharp crashes. I suspect this time is once again going to be one such! Because fundamentals are still extremely weak. Please note that the decline has only slowed down and it has not turned around to become a sustainable rise!

    If you noticed, if things are so good and becoming better why is it that the Nifty has tried 3 times to cross 4740 and Sen 16000 and failed each time. Very rarely do market try a resistance level a fourth time and cross it decisively and that situation needs very bullish economic findamentals - not exactly what we see around us today, do we?!

    I have some serious reasons why I'm very sceptical about all this "worst is over" sound bytes. Especially when interested parties (like the Govt) are too quick to pull the trigger with only one single data point to support their claims. Why don't we wait for at least 3-6 months sustained data points pointing to a reversal before we start dancing with joy? :D

    cheers
    CommentQuote
  • Counter suggestions are welcome!

    Originally Posted by blogger
    All said and clarified, 50-60% drop doesn't sound realistic!! My take is itz not going to happen.



    Folks,

    It is only the people who take a stand (right or wrong only time will tell) who get to be targeted. Because, their stated position can be targeted.
    When someone says X will happen, it is easy to say "not X". But it is much more important to

    1. Say why X will not happen (if thats what you feel)

    2. Say Y and why Y will happen (if you think thats the alternative)

    that it when it becomes a debate and not a single-opinion target-practice exercise.

    So, whatever be the reason, one must try to follow through a stated position with reasoning as to why or why not.

    It will also be a learning exercise for others when new reasons are introduced as to why or why-not something will happen, etc.

    cheers
    CommentQuote
  • No one know when there will be drastic rise or drastic fall.

    Everyone knows property prices will grow many folds on a long term.

    Everyone knows that Inflation will preclude many from owning a property.

    The only people who needs to worry about the short term rise and fall is property traders (I hope no one in this forum)

    Long term wealth creates should not worry about short term ups and downs, just look for the right property at the right location for reasonable/market price and take a plunge.

    Do not try to time the market - no one can do that.
    CommentQuote
  • Originally Posted by antonyprakash
    In my opinion, people do not buy property just on the calculation of a rental yield. The main driving force for the RE market is the expectation of further appreciation.

    Also other income may include tax benefits. Also safe heaven for black money


    Dear friend,
    I agree with you. One cannot expect rental return of around 4 to 5 % at today's prices. At most places it ranges between 2 to 2.5 % only. One may have to wait patiently for atleast about 7 to 10 years to get around 5% of the amount spent for the flat/house originally.

    ks2071746
    CommentQuote
  • I just feel it that way. Since 2007/08 people are saying price will go back to 2006 level meaning over 50% reduction. I wonder where in Chennai did it happen. In 2005/06 flat price in Adyar was around 3K/sft. Do we still hope Adyar price will go back to 3K or 50% down from the current price of 7K/sft. Those who waited seem to be realizing that itz not gonna happen; and getting ready to take a plunge with the corrected price and falling interest rate. You may have a different opinion, but this just mine :)

    Originally Posted by wiseman
    Folks,

    It is only the people who take a stand (right or wrong only time will tell) who get to be targeted. Because, their stated position can be targeted.
    When someone says X will happen, it is easy to say "not X". But it is much more important to

    1. Say why X will not happen (if thats what you feel)

    2. Say Y and why Y will happen (if you think thats the alternative)

    that it when it becomes a debate and not a single-opinion target-practice exercise.

    So, whatever be the reason, one must try to follow through a stated position with reasoning as to why or why not.

    It will also be a learning exercise for others when new reasons are introduced as to why or why-not something will happen, etc.

    cheers
    CommentQuote
  • Looking at the migration in to Chennai City from rural TN,Kerala and AP,I dont see the property price going down.

    Now that every boy in rural family are studying engineering or some degree,After studies 80% of them end up in chennai for job prosepects.
    CommentQuote
  • Friends,

    I came across a very resourceful website and wanted to share the same.

    It comprehensively lists most of the builders who construct in Chennai and also carries useful contacts for other related business like architectural design/electrical work/carpentry etc.

    CommentQuote
  • Flats or potatoes??

    There is a article in economictimes saying DLF has sold 1250 flats in 2 hours in Delhi. This seems to be marketing gimmick from DLF

    Here is the link
    http://economictimes.indiatimes.com/markets/real-estate/news-/DLF-sells-1250-flats-within-two-hours/articleshow/5043645.cms
    CommentQuote
  • Originally Posted by sridharchennai
    There is a article in economictimes saying DLF has sold 1250 flats in 2 hours in Delhi. This seems to be marketing gimmick from DLF

    Here is the link
    ]http://economictimes.indiatimes.com/markets/real-estate/news-/DLF-sells-1250-flats-within-two-hours/articleshow/5043645.cms

    In North & West India people buy property around Diwali time.

    In North & West India people buy property around Diwali time.

    In North & West India people buy property around Diwali time.

    In North & West India people buy property around Diwali time.
    CommentQuote
  • No Crash or Meltdown

    I don't think there will be any crash or meltdown from now.
    IT Market is getting back to normalcy and freezed hikes and promotions are being released by most of the companies.

    There is now chance of prices going back to even 2007 levels.
    CommentQuote
  • Hi Friends,

    List of projects from "Living Spaces 2009" fair



    Akshaya Homes

    Adena - OMR - 2500/sqft
    Adora - OMR - 75 lakhs

    Anand and Venkatesh

    Sree Veeraraghava avenue(Plots) - Sriperambathur-Thiruvallur highway - 350/sqft

    Antony Projects

    Pebbles - Sithlapakkam - 1790/sqft
    Wings - Guduvanchery - 1490/sqft
    The Orchard - Madambakkam - 1875/sqft
    The Spring - Ambattur - 2790/sqft
    Cedar - Medavakkam - 2190/sqft

    BBC Foundation

    BBC City Park - Valasaravakkam - 4000/sqft

    Casa Grande

    Arcobaleno - Mylapore - 12000/sqft
    The Riviera - Pallikarnai - 3400/sqft
    Madhuban - Madipakkam - 3500/sqft
    Cyprus - BMP Ward(Bangalore) - 3300/sqft
    Maple - Adyar - 6500/sqft
    The Villa - Ponmar - 24 Lakhs onwards
    Milano - Adyar - 8500/sqft
    Plots
    Maraimalai nagar - 810/sqft
    Ponmar - 810/sqft

    Ceedeyes

    Chennai Pattinam - Off OMR - 2075/sqft

    DABC

    Mithilam - Mogappair west - 2800/sqft
    Abhinayam 3 - Mogappair west - 3000/sqft

    Dhanishkha

    Allegria - Vandalur-kelmbakkam road - 2300/sqft

    Doshi Housing

    Etopia I and II - Perungudi - 3895/sqft
    Nakshathra I and II - Tambaram - 2895/sqft
    Trinity Park - Santhoshpuram, Vengaivasal - 3195/sqft
    Serene county (Villa) - Santhoshpuram, vengaivasal - 50 Lakhs onwards
    Tranquil - Velachery - 5500/sqft

    DLF

    Gardencity - off OMR - 2750/sqft

    ETA

    Rosedale - Padur - 2500/sqft

    Ganapati

    Vandalur Park - Vandalur - 3450/sqft

    Jain Housing

    Naksatra - Chinna Nolumbur - 2900-3100/sqft
    Sunderbans - Nolambur - 3295-3495/sqft
    Alpine Meadows - Thiruneermalai - 2395-2595/sqft
    Cedar Point - Pallavaram - 2995-3095/sqft
    Archway - Kilpauk - 8500/sqft
    Inseli Park - Padur - 3595-3795/sqft
    Sudarsana - Rajkilpakkam - 3195/sqft
    Amrit Kalash - Strahns Road - 4500/sqft
    Antariska - Ashok Nagar - 5000/sqft
    Ansruta - Nungambakkam - 10000/sqft
    Saagarika - M.R.C.Nagar - 10000-12500/sqft
    Green Acres - Pallavaram - 3795-3895/sqft
    Avenue - Chitlapakkam - 3000/sqft
    Abhisek - Selaiyur - 3625/sqft
    Eiffel Garden - Vadapalani - 4725/sqft
    Apoorva - Pallavaram - 3000/sqft
    Om Nagar(Villa) - Sriperambathur - 13 lakhs onwards

    Lancor

    Trafalgar - Thiruvanmiyur - 7750/sqft
    Central park west - Sholinganallur - 3850/sqft
    Central park south - Sholinganallur - 3750/sqft
    Coral - T.Nagar - 13000/sqft
    Abode Valley - Potheri,GST Road - 2600/sqft

    Landmark Construction

    Aston Ville (Villa) - Vadapalani - 5500/sqft
    Tiara - Perungudi - 4000/sqft
    The Address - Adyar - 12000/sqft
    Capital East - k.k.nagar - 6250/sqft
    The Grange (Villa) - Palavakkam - 7000/sqft
    Centralia - Chrompet - 3300/sqft
    Tudors Place - K.K.Nagar - 6500/sqft
    Timberton - Thiruvanmiyur - 8000/sqft

    L&T

    Eden Park - Siruseri - 3350/sqft

    Manju Foundation

    Pink Villa - Near Tambaram - 1750/sqft

    Navin Housing

    Dayton Heights - Nelson manickam rd - 7000/sqft
    Subha Mangala - Ramapuram - 4350/sqft
    Brookfield - Nanmangalam - 3600/sqft
    Merrylands - Medavakkam - 3350-3500/sqft
    Rajamani - Ashok Nagar - 6900/sqft

    Terraspace

    Bloomingdale - Pallikarnai - 3200/sqft

    Ozonegroup

    Metrozone - Anna nagar - 5300-5600/sqft

    Rajkham

    Vaikunth Gardens(Villas) - Ayyapathangal - 2600/sqft

    Rajparis

    Harmony - Medavakkam - 3300/sqft

    Real Value

    Neel Kamal - kazhipattur,OMR - 2597-2697/sqft

    SSPDL

    Crescent - Vandalur-kelambakkam road - 2250/sqft
    Lakewood Avenue(Villa) - Thalambur - 1.2 Crores onward

    TVH Homes

    Lumbini Square - Pursaiwalkam - 6000/sqft
    Ouranya Bay - Padur - 3000-3100/sqft
    Ekanta - Peelamedu(coimbatore) - 3100/sqft
    Revata - Mogappair east - 4500/sqft
    Kamya - K.K.Nagar - 6500/sqft
    Metro Golden Nest - Sriperambathur - 1950/sqft

    Vaikund

    Govardhan - Sholinganallur - 3950/sqft

    Venus Estates

    Venus Riviera(Villas) - Vayalur,ECR - 650/sqft(land),1450/sqft(construction)

    VGN Developers

    Lilypond - Near Maduravoyal - 2600/sqft
    Milano Orchard - Selaiyur - 2895/sqft
    Pinnacle - Mugalivakkam - 3200/sqft
    Minerva - Nolambur - 3275/sqft
    Plots - Thiruvallur,Thirunindravur - 400/sqft

    Vijayshanthi Builders

    Lous Pond - Kelambakkam - 2800/sqft
    Infiniti - Near queensland - 2800/sqft

    XS Real

    La Celeste - Mugalivakkam - 3195/sqft

    XL Estates

    XL Woods - Sriperambathur - 2050/sqft

    CommentQuote
  • Friends,

    If you would compare the price of the projects listed above against the first post in this thread, It can be seen that the prices have stagnated.

    There was pretty good response to the fair.Personally I feel, rates quoted at exhibitions are marked up 10-15% which is later offered as discount at the negotiation table.

    Neverthless, Fact couldnt be ignored that the correction that seemed to happen couple of months back has been reversed and the resilience put up by the builders lobby seem to have paid off for them.

    As for volumes, availability is still there in most of the projects but the good ones are all sold or booked.To sell the remaining ones the builders seem to be in no hurry and the disturbing fact is many projects are still in the early stage of construction despite being launched a year back.

    They have now started to focus on launching new projects targetting affordable and premium segments whose sales is helping them salvage their positions temporarily.

    Requesting members to share their views on the trend.
    CommentQuote
  • Originally Posted by nabishek


    Neverthless, Fact couldnt be ignored that the correction that seemed to happen couple of months back has been reversed and the resilience put up by the builders lobby seem to have paid off for them.


    Disheartening to hear that the prices are going to go up..already the prices quoted for these flats are on higher side and thought that correction would come up to make it in affordable level...hmmm...
    CommentQuote
  • Originally Posted by Maheshk
    Disheartening to hear that the prices are going to go up..already the prices quoted for these flats are on higher side and thought that correction would come up to make it in affordable level...hmmm...

    Indian Builders are very shrewd and with ample support from politicians common man dont know the dirty games they play with their money.Take an example of a south based listed company who have a debt of 1900 crore and they are paying interest of 300 crore for this.But if you take their earnings it is close to 300 crore only.So whatever they are earning(read from new projects) are going into paying interest.Do you think the builder will finish according to schedule.This is nothing but a giant ponzi scheme going on.
    All the listed companies have heavy debt in their balance sheets and noone knows what is hidden in unlisted space as their finanicials are not in public domain and most of the Chennai builders are unlisted.So better know the financial condition of the builder before putting your money.
    CommentQuote
  • Originally Posted by BigBear
    Indian Builders are very shrewd and with ample support from politicians common man dont know the dirty games they play with their money.Take an example of a south based listed company who have a debt of 1900 crore and they are paying interest of 300 crore for this.But if you take their earnings it is close to 300 crore only.So whatever they are earning(read from new projects) are going into paying interest.Do you think the builder will finish according to schedule.This is nothing but a giant ponzi scheme going on.
    All the listed companies have heavy debt in their balance sheets and noone knows what is hidden in unlisted space as their finanicials are not in public domain and most of the Chennai builders are unlisted.So better know the financial condition of the builder before putting your money.


    Any one can come up with baseless allegations,Conspiracy theory and scare mongering. Where is the proof.

    how could anyone continue to operate a business for more than 12 months with such a situation. They could have gone broke a long time ago.
    They wouldn't have survived the testing time we had over the past 18 months.
    CommentQuote