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In 2006, I bought a plot in BLB desikar nagar just opposite to Mahindra World City. There was a lot of hype for the plots in that area du"
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string(1041) "Hello All
In 2006, I bought a plot in BLB desikar nagar just opposite to Mahindra World City. There was a lot of hype for the plots in that area due to MWC SEZ. But looks like the anticipated growth has not happened due to many reason. The land value has appreciated, but definitely not to the level it was originally advertised.
So I am planning to sell it and invest in another place. I have been reading this forum for quite some days and quite convinced that Vandalur-Kelambakkam road will be a good place for investment. I am aware that the plot prices in OMR has already skyrocketed. My purpose is purely investment and I am looking for 1500-1800sqft of area in budget of 20-25 lakhs.
So experts here, can you pls advise on the below ?
1. Is it wise to sell the plot near MWC and invest in VK road ?
2. If Yes, then which area is better in VK road with good prospects of appreciation ?
3. If suggestion is to retain the MWC plot, can you pls let me know the reasons?
I am Waiting for your opinions.
Regds,
Karthick"
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In 2006, I bought a plot in BLB desikar nagar just opposite to Mahindra World City. There was a lot of hype for the plots in that area due to MWC SEZ. But looks like the anticipated growth has not happened due to many reason. The land value has appreciated, but definitely not to the level it was originally advertised.
So I am planning to sell it and invest in another place. I have been reading this forum for quite some days and quite convinced that Vandalur-Kelambakkam road will be a good place for investment. I am aware that the plot prices in OMR has already skyrocketed. My purpose is purely investment and I am looking for 1500-1800sqft of area in budget of 20-25 lakhs.
So experts here, can you pls advise on the below ?
1. Is it wise to sell the plot near MWC and invest in VK road ?
2. If Yes, then which area is better in VK road with good prospects of appreciation ?
3. If suggestion is to retain the MWC plot, can you pls let me know the reasons?
I am Waiting for your opinions.
Regds,
Karthick
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