15-20L budget is ok. But i doubt whether plots will be available on OMR or Ponmar. Definitely plots are there but u might get it too much in the interior area. You can better opt for GST road or sriperambadur. You can get CMDA and DTCP plots here too

Thanks for your reply,what about west tambaram(mudichur) is it good area for investment purpose

West tambaram is ok. But development will be question mark for the next 5 years. How much are they quoting at mudichur

Boss, what development you are questioning here? :bab (45):

For mudichur they quoted 2000 per.sq feet,is it ok?

I think west tambaram till mudichur is fine. How about places like mannivakam and adjoining areas

When did you last visit this area please tell us
Do you know what the prices in karasangal
Leave mannivakkam
How about manimangalam

It was almost two to three years back ji when i last visited

Both of them are on their own league... :bab (59):

"West tambaram is ok. But development will be question mark for the next 5 years. ". I don't know what development he is questioning?. He is neither responding...

Super Ji!!! Super Ji!!!:D

Can you share your observations about these areas? In manivakkam there are lot of new houses and small commecial units in 1-2 ground plots that are struggling to find tenants. Lots of inventory and it was surprising to see the size of some supermarkets.

I expected to see bare lands but was surprised.

Boss many expect to see Barren lands in entire chennai and suburban chennai but the fact is as population creeps the spots get filled
For me mannivakkam is not in a investment bracket at all so I have no opinion on it
It's pure end use market now
Manimangalam has pockets of 1200 to 1500 rs sqft Cmda approved plots
What surprised me was karasangal pricing
I was looking in naduveerapatu somamgalam and karasangal aboit 18 months back
Of which karasangal has taken off in pricing
Over 2000 is mind boggling to me but that's the price

I'm coming to India in two weeks time....

Suggest me a good place to investment and locking period is 5years. After 5 year I'll stay if possible.

Please suggest me good choice

Oragodam, GST road, ayapakam,poonamalee are some areas where u can invest

Ofcourse manivakkam turning into enduse market..
varadharajapuram is also picking up..
I know about varadharajapuram and not much about karasangal..
Over 2000rs PSF is something i cant believe ...
To my knowledge the rate is around 1200 to 1500 for a dtcp plot..
May be that u mean the rate very very close to VW road..
May i know the layout names that u mean raj sir?