Just came across a link from another forum.
Thanks to Murlee in SC.

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Some plots going on the block in Chennai.

Of course there is stamp duty, reg and some other cash here and there might not be included in the official price.

Nungambakkam
26 Ground Near Taj Coramandel - 225C
18 Ground Sterling Road - 100C

Egmore
30 Ground Montieth Rd - 150C

56 Ground Cenotaph Rd - 330C

Guindy
10 Acre Mount road - 400C+ expected


Well this goes to all the nay-sayers that plots are not available in city.
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  • Only 400Cr for 10 acres on mount road in guindy near kathipara and near alandur metro hub. Looks very less for the area market rate.
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  • Yes, I agree.

    The last buy was for 297C in 2007.
    So even if you put 300% increase, should be closer to 900C atleast. 5C a ground.
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  • Heard that there was another big transaction happened in kotturpuram.23 grounds picked up by Olympia. :)
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  • Realty market strikes gold, Chennai sees 3 deals worth Rs 450 crore - The Times of India

    Akshaya buys Srilankan Embassy land for a crazy low price of 5C, market price is around 7C atleast.

    I was hoping some big branded residence project or a nice retail outlet comes up here.
    Hope these guys do something on the line of Abov here. Better will be small shopping center, or may be a small multiplex for movie crazy city with a food court.

    Ceebros buys Atlantic hotel in Egmore.
    They are going to put a luxury residential building at this 30 ground site. This would be Ceebros' biggest project in the city, may be most valauable also.

    Hope Ceebros gives a good competition to DLF.
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