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Property Price Trends in Chennai

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  • Re : Property Price Trends in Chennai

    as far as i see the chennai market, it is stagnant. no price increase noted.

    new launches getting postponed. it is obvious that builders are not able to attract bookings, but at the same time no price is reduced to boost sales.

    Builders are waiting to see a change in the market, which is very sluggish right now. if buyers continue to show poor interest, prices may come down. But i dont see a jack up possible for next 6 months minimum.

    Comment


    • Re : Property Price Trends in Chennai

      This topic is about the situation in Feb 2009.

      This needs to be closed

      Comment


      • Re : Property Price Trends in Chennai

        Hi Friends,

        A round-up from FAIRPRO 2012


        Adroit Urban Developers

        Montage - Thalambur,OMR - 3600/sqft
        Essence - Nungambakkam - 21000/sqft
        Coimbatore
        Ivory - R.s.Puram 6750/sqft
        Altius - Gandhipuram - 4950/sqft

        Agni Estates

        Pride - Teynampet - 12000/sqft
        Lakshmi Kripa II - Chrompet - 3775/sqft
        Lakshya Kripa - OMR - 3150/sqft

        Akshaya

        January - OMR - 3000-3300/sqft

        Alliance Group

        Orchid Springs - Thirumangalam - 4995/sqft
        Bougainvillea II - Porur - 7000/sqft appx

        Arihant Foundations

        Villa Viviana - Maramalai nagar
        Luxury Villa - 4750/sqft, Style Villa - 4250/sqft, Terrace Villa - 3800/sqft
        Panache - Arumbakkam - 9500/sqft
        Frangipani - Siruseri,OMR - 3200/sqft
        Jashn - Egmore - 15500/sqft

        Arun Excello

        Estancia - GST - 3650,3950,4450/sqft
        Temple Green - Oragadam - 2549/sqft
        Lathangi - Oragadam - 2210/sqft

        Asvini Foundations

        Atvarika - Kelambakkam - 3500/sqft
        Akila Heights - Sembakkam - 4000/sqft
        NRD Towers - 3200/sqft
        Amanya - Nellikuppam - 1895/sqft
        Ashvita - Siruseri - 3500/sqft
        Amarisa-phase2 - Ramapuram - 5750/sqft

        Baashyam

        Happy Windows - Kattupakkam - 3750/sqft

        BBCL

        Sand Shore Villa - Palavakkam,ECR - 10425/sqft
        Sukhin - Thiruvanmiyur - 10000/sqft
        Harsham - Thoraipakkam - 5000/sqft
        Ojas - T.Nagar - 16000/sqft
        Thejus - Ambattur - 4200/sqft

        Casa Grande

        Versailes Amar Villas - Uthandi,ECR - 7000/sqft
        Coral Reef - Thiruvanmiyur - 9250/sqft
        Maple - Adyar - 10000/sqft
        White Oak - Adyar - 10500/sqft

        CeeDeeyes

        Chennai Pattinam - Thiruporur - 2400/sqft

        Devinarayan

        Vaishnovi - tirumullaivoyal - 4120/sqft
        Aikya - Kilpauk - 12830/sqft
        Karapakkam - 4600/sqft
        Mandaveli - 13830/sqft
        Velachery - 5645/sqft
        Kotturpuram - 9155/sqft

        Embassy

        Embassy Residency - Perumbakkam - 3649/sqft(2BHK),3749/sqft(3BHK)

        ETA Star

        Wings Haven - Plots,OMR - 2200/sqft
        Le Chalet - Sriperambudur - Villas
        Trinity -27 Lakhs(2BHK) 30 Lakhs(3BHK)
        Twin Ridge - 42 Lakhs(3BHK)
        Elite Crux - 36 Lakhs, Indepedent - 62 Lakhs
        GlobeVill - Sriperambudur - 3000/sqft
        Rosedale - OMR - 3400/sqft

        Ganga Foundations

        Ishana - Kolathur - 4995/sqft
        Ragamalika - Tambaram West - 2950/sqft
        Anandam - Chithlapakkam - 3950/sqft

        Golden Homes

        Opulence - Poonamalee High Rd - 3299/sqft
        Trove - Poonamalee High Rd - 3200/sqft
        King's Court - Anna Nagar - 12000/sqft
        Aura - Anna Nagar - 9500/sqft

        Godrej Properties

        Palm Grove - Chembarambakkam - 3300/sqft

        Green Peace

        Silver Springs - Alandur -6750/sqft
        Bryan Court - K.K.Nagar - 9000/sqft
        Anna Nagar - 11500/dqft
        Korattur - 6500/sqft
        Chengalpattu Plots - 550/sqft

        Inno Geocity

        Geocity II Sector - 2750-2900/sqft

        Isha Homes

        Isha Yara - Medavakkam - 3575/sqft
        Isha Mia Villas - Pudupakkam - 4900/sqft

        Jain Housing

        Westminister - Saligramam - 6245-6445/sqft
        Alpine Meadows - Thiruneermalai - 3495,3595,3695/sqft
        Pebble Brook - Thoraipakkam - 4195,4395/sqft
        Inseli Park - OMR - 2895,2995,3095/sqft
        Spring Meadows - Thalambur,OMR - 3045-3145/sqft
        Antariksa - Kodambakkam - 6995/sqft
        Avenue - Chitalapakkam - 3495/sqft

        Jamal

        Sana Homes - Poonamalee - 3950/sqft

        JBM Shelters

        Mudra - Perungudi - 5000/sqft

        KGEYES

        Besant Nagar - 13750/sqft
        East Anna Nagar - 10000/sqft
        Royapettah - 14500/sqft
        Ekkathuthangal - 8750/sqft
        Madambakkam - 3500/sqft

        KGS Developers

        Vrudhi - Kilpauk - 15500/sqft
        Sunnyside - Siruseri - 3750/sqft
        Primrose - Pallikarnai - 4500/sqft
        Springfield - Thalambur - 36.5 Lakhs

        Larsen & Toubro

        Eden Park - Siruseri,OMR - 3750/sqft

        Lancor Holdings

        Abode Valley - Potheri,GST - 3375/sqft
        The Courtyard - Nanganallur - 8500/sqft
        Cirrus - Valasaravakkam - 9500/sqft

        Landmark Construction

        Vertica - Gopalapuram - 15000/sqft
        The Grange Villa - Palavakkam - 10500/sqft
        Orlando,Aspects - Korattur - 6500/sqft
        Tivoli - Mogappair - 6500/sqft
        Centralia - Chrompet - 3950/sqft

        Mahindra Lifespaces

        Mahindra World City - GST - Apartments - 3250/sqft
        Aqualily Villas - Land - 1700/sqft Construction Cost- 3100/sqft

        Malles Constructions

        Jayshri - T.Nagar - 12700/sqft
        Alankar - Manapakkam - 6000/sqft
        Arcadiaa - Velachery - 6000/sqft

        Mantri Developers

        Synergy - OMR - 3790/sqft
        Navaratna - Chrompet - 3990/sqft

        Natwest

        Aura - Urapakkam - 3300/sqft

        Navin's

        Golden Glade - T.Nagar - 15000/sqft
        Sprngfield - Medavakkam - 3600/sqft
        Jayaram Gardens - Manapakkam - 6100/sqft
        Palm Fronds Villas - Karapakkam - 6590/sqft
        Maris Dale - Semmenchery,OMR - 3950/sqft
        Srishti - Keelkattalai - 5500/sqft
        Eden Park - Gerugambakkam - 4990/sqft

        Newry Properties

        Sampreeti - Kilpauk - 12000/sqft
        Sobhita - Pallikarnai - 4500/sqft
        Sudeepta - Mogappair - 7000/sqft
        Park Towers - Anna Nagar West - 9000/sqft

        Olympia

        Opaline - OMR - 3800/sqft
        Grande - Pallavaram - 5200/sqft

        Om Shakthy Developers

        Santha Towers - Avadi - 2900/sqft
        Temple Nagar - Kundrathur - 2599/sqft

        Ozone Group

        Metrozone - Anna Nagar - 8250/sqft

        PACE Builders

        Prana - Anna Nagar West Extn - 7995/sqft
        Adarsa - Selaiyur - 4295/sqft
        Acyuta - Maduravoyal - 3995/sqft
        Anusa - Tambaram West - 3395/sqft

        Pacifia

        Aurum - Padur,OMR - 3000/sqft

        Plaza Group

        Pristine Acres - Perumbakkam - 3250/sqft
        Opulence - Perungudi - 5500/sqft

        Prestige Group

        Bella Vista - Porur - 4400/sqft

        Puravankara

        Windermere - Pallikarnai - 3549/sqft
        Swanlake - OMR - 3125/sqft

        Pushkar Properties

        Lily's Enclave,Imayal,Royal Court - Anna Nagar - 12000/sqft
        Anantha - Kilpauk - 12000/sqft
        Silver Stones,Soundarya Enclave,Aiswarya Enclave - Korattur - 7500/sqft
        Manasarovar - Pallikarnai - 5000/sqft
        Anusha - Chrompet - 4750/sqft

        Rajparis

        Crystal Spring - Madambakkam - 3400/sqft

        Rajarathnam Construction

        Royal Grande - Ambattur-Thirumullaivoyal - 3200/sqft
        Wood Side - Ambattur-Thirumullaivoyal - 3300/sqft

        Rajkham

        Orchid - Ayyappanthangal - 3800/sqft
        Anurup - Pallikarnai - 3400/sqft
        Akash Ganga - Pallikarnai - 3800/sqft

        Ramky Wavoo Developers (RWD)

        Elyusium - Kelambakkam - 3150/sqft
        Avalon - Nungambakkam - 11000/sqft
        Atlantis - Nelson Manickam Rd - 10000/sqft
        Ecopolis plots - vedanthangal - 150/sqft

        Real Value

        Neel Kamal - OMR - 3399-3499/sqft
        Padmalaya - Kelambakkam - 3056-3326/sqft
        Sai Skanda - Velachery - 1.30 Crores

        Regaliaa Realty

        The Ferns Villa - Thiruvidanthai,ECR - 6930/sqft, stall offer: 6660/sqft

        ROMAA Housing

        Romaa Paradise - Poonamalee - 2950/sqft

        Ruby Builders

        Ashok Manor - Tambaram west - 3800/sqft
        Ashok Manor - Pallikarnai - 4200/sqft
        Ruby Avenue - Irumbuliyur,Tambaram - 2600/sqft
        Ruby Enclave - Old Perungalathur - 3000/sqft

        S & S Foundation

        Solitaire - Porur - 5950/sqft
        Sarvam - Velachery - 4750/sqft
        Sai Sarvesh - Mylapore - 14000/sqft

        Shriram Properties

        Shankari - Perumatunallur,Guduvanchery - 2400/sqft (2/3BHK),2250/sqft (IBHK)

        Sobha Developers

        Meritta - OMR - 3770/sqft
        Serene - Porur - 4625/sqft

        Sidharth Housing

        The Nest - Rajakilpakkam - 3800/sqft
        Dakshin - Urapakkam - 3200/sqft

        South India Shelters (S.I.S)

        Marakesh - Urapakkam - 3150/sqft
        Safaa - Urapakkam - 3650/sqft

        SPRRG

        Osian Heights - Mint - 8000/sqft
        Osian Chlorophyll - Porur - 4500-5000/sqft

        Sreerosh Properties

        Meadows - Anakaputhur - 3200/sqft
        Silver Stone - Kilpauk - 10000/sqft

        SSPDL

        Lakewood Enclave Villas - Thalambur,OMR - 5500/sqft
        Mayfair - Vandalur-Kelambakkam Rd - 3250/sqft

        Tata Housing

        Crescent Lake Homes - Oragadam - 2910/sqft (1BHK), 3250/sqft (2BHK)

        TVH

        Lumbini Square - Purasawakkam - 11500/sqft
        Ouranya Bay - Padur,OMR - 3400-3600/sqft
        Svasti - Thoraipakkam - 4750/sqft
        Taus - Navalur,OMR - 4000/sqft
        Battika - Alwarpet - 17000/sqft

        Unitech

        Uni Homes 1 - Nallambakkam - 2250/sqft
        Uni Homes 1 - Nallambakkam - 2350/sqft
        Gardens - 2800/sqft
        North Town - Perambur - 5300/sqft

        VGN

        Brixton - Irungattukottai - 2085/sqft
        Platina - Ambattur - 3000/sqft
        Krona - Porur - 3595/sqft
        Imperia - Maduravoyal - 3899/sqft

        Vishwakarma

        Skypark Residences - Pallavaram - 4850/sqft

        Voora

        Vidyasagar Oswal Garden - Korukkupet,near Central Station - 4050/sqft
        GitanJali - T.Nagar - 15500/sqft
        Mandaram Enclave - 10500/sqft

        Yuga Homes

        Kalpataru - Koyambedu - 5400/sqft
        Altavda - Thaiyur - 2750/sqft
        The general mood in the exhibition was upbeat and most of the builders claimed very good sales. For ongoing projects, Price has stagnated and remains the same since the hike in late 2011. Many new projects have been launched and they have been marked up by another 10-15%. Projects were focussed along Porur-Poonamalee Stretch.

        Sorry for bumping this old thread.I feel this thread captures the essence of Chennai RE since Fairpro 2009 and this post makes more sense here given all the discussion/debates we have had on this thread.

        FAIRPRO 2009 : http://www.indianrealestateforum.com/12854-post1.html
        FAIRPRO 2010 : http://www.indianrealestateforum.com/58298-post407.html
        FAIRPRO 2011 : http://www.indianrealestateforum.com...1-post466.html

        Please do share your views.
        Last edited February 20 2012, 01:47 AM.

        Comment


        • Re : Property Price Trends in Chennai

          how true

          s, this thread is very important to continue here.

          Now almost all of the properties are around a crore, i think slowly middle class guy cant think of buying one.

          Comment


          • Re : Property Price Trends in Chennai

            nabishek ..you rock !! Thanks for sharing so precisely..

            The mood seems upbeat - I recently also read that PSU banks are considering reducing interest rates by 50-100 basis points, this will only aid new buyers.

            Comment


            • Re : Property Price Trends in Chennai

              Welcome Abhishek!

              Abhishek, one of the big names a little while ago on this forum is back!

              Welcome!

              Btw, just fyi, my personal RE situation was settled at excellent prices, thanks to the unexpected boom in Chennai RE.

              If we ever meet (no reason why not), treat is on me!
              cheers

              Comment


              • Re : Property Price Trends in Chennai

                Thanks for this detailed price list.

                Originally posted by nabishek View Post
                Hi Friends,

                A round-up from FAIRPRO 2012



                The general mood in the exhibition was upbeat and most of the builders claimed very good sales. For ongoing projects, Price has stagnated and remains the same since the hike in late 2011. Many new projects have been launched and they have been marked up by another 10-15%. Projects were focussed along Porur-Poonamalee Stretch.

                Sorry for bumping this old thread.I feel this thread captures the essence of Chennai RE since Fairpro 2009 and this post makes more sense here given all the discussion/debates we have had on this thread.

                FAIRPRO 2009 : http://www.indianrealestateforum.com/12854-post1.html
                FAIRPRO 2010 : http://www.indianrealestateforum.com/58298-post407.html
                FAIRPRO 2011 : http://www.indianrealestateforum.com...1-post466.html

                Please do share your views.

                Comment


                • Re : Property Price Trends in Chennai

                  Thanks abhishek, the 2009 post gave an idea to me of RE as i was out of RE from 2004. Kind of shock to me initially but it was like i went to the fairpro and collected the price details of the exhibition. That helped me buy my property. Please continue this as many would benefit.

                  Comment


                  • Re : Property Price Trends in Chennai

                    Thanks for posting this nice information

                    Comment


                    • Re : Property Price Trends in Chennai

                      Originally posted by wiseman View Post
                      Abhishek, one of the big names a little while ago on this forum is back!

                      Welcome!

                      Btw, just fyi, my personal RE situation was settled at excellent prices, thanks to the unexpected boom in Chennai RE.

                      If we ever meet (no reason why not), treat is on me!
                      cheers
                      Thanks wiseman for your kind words and gesture.I am really happy for you and congratulations for having struck a golden deal.I am sure you benefitted from your non-compromising attitude there. I am still passively reading all your invaluable posts on IREF in other threads.Thank you so much for taking the time and sharing your wisdom.

                      I might also make my purchase during this year itself. I am expecting some significant cashflow in the later part of this year.If I am lucky, It should be the right time to finalize the propery suiting my lifestyle needs and choice of location with zero debt of course. Hoping for the best.

                      Originally posted by popeye77 View Post
                      Thanks abhishek, the 2009 post gave an idea to me of RE as i was out of RE from 2004. Kind of shock to me initially but it was like i went to the fairpro and collected the price details of the exhibition. That helped me buy my property. Please continue this as many would benefit.
                      I am glad that my posts have benefitted you.Now in hindsight, The correction we saw during 2009-2010 was the only time in the last four years when builders have actually reduced price on paper.Kudos on your timing of purchase.

                      Comment

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