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New Apartment in T. Nagar sold for 7k per sft

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New Apartment in T. Nagar sold for 7k per sft

Last updated: November 3 2009
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  • New Apartment in T. Nagar sold for 7k per sft

    Friends - Got information that a brand new (more than 1500sft) ready to move in apartment was sold for Rs. 7,000/- per sft (including car park) the builder was quoting Rs. 8000/- then dropped the price to 7K. The apartment location near Murgan Idly Shop (G. N. Chetty Road) in Nathumani Street.
    21
    Will the price drop further
    61.90%
    13
    Have we hit the bottom
    9.52%
    2
    Yes right time to buy
    14.29%
    3
    It will go up now
    14.29%
    3

    The poll is expired.

  • #2

    #2

    Re : New Apartment in T. Nagar sold for 7k per sft

    Excellent buy why did you not buy it?

    PS. Selling bear lies on this forum wont make the bull story go away!

    Comment

    • #3

      #3

      Re : New Apartment in T. Nagar sold for 7k per sft

      Check for yourself

      Why should I joke in this forum, people who want to verify can go the the street mentioned and check with the watchman or caretaker of this new building. I did not buy it cause did not have a need for one.

      Comment

      • #4

        #4

        Re : New Apartment in T. Nagar sold for 7k per sft

        Well it is a good buy.. i hears somehwere in Ashok Nagar 12th Av., per sq feet is around 5800 rs. (close to 6000rs). In T.Nagar it would surely be 7+.. Proceed

        Comment

        • #5

          #5

          Re : New Apartment in T. Nagar sold for 7k per sft

          Originally posted by mogan View Post
          Why should I joke in this forum, people who want to verify can go the the street mentioned and check with the watchman or caretaker of this new building. I did not buy it cause did not have a need for one.
          Maybe you are not lying but you seem to be talking in doubtful tense. If someone is selling such a property and if it is good then take it. Remember TNagar is a generic term. If it is Habibullah road then this price is unrealistic. If it is WestMambalam near some Kuppam, it may be yet costly. I personally do not know the area you mentioned so I cant comment beyond this. I assume it is some cutting on GNChetty road and whether that leads to a slum or a posh locality is something I dont know. BTW I dont know about idlies in that Murugan shop! Cheers.

          Comment

          • #6

            #6

            Re : New Apartment in T. Nagar sold for 7k per sft

            Good Area

            This area is a very good residential area connecting GN Chetty and North Usman Road Behind GRT's new building.

            Comment

            • #7

              #7

              Re : New Apartment in T. Nagar sold for 7k per sft

              Go for it dude,GN Chetty road is excellent.7K for new is cheap.

              Comment

              • #8

                #8

                Re : New Apartment in T. Nagar sold for 7k per sft

                who has that huge sum to buy??

                Please do not mistake me, seriously asking if some one has that huge cash as 10500000 Rs thats over 200 thousand dollers'''' ,really mindbogling, and how long will it take to clear any bank loan? Are these affordable by salaried people? CANT REALLY UNDERSTAND'

                Comment

                • #9

                  #9

                  Re : New Apartment in T. Nagar sold for 7k per sft

                  in annanagar metrozone is promoting for rs 5500

                  Comment

                  • #10

                    #10

                    Re : New Apartment in T. Nagar sold for 7k per sft

                    Metro zone in chennai

                    Originally posted by vijai5 View Post
                    in annanagar metrozone is promoting for rs 5500
                    The builder charges 29.5% common area which is the highest I think in Madras.


                    Vaidy

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