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Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

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Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

Last updated: May 7 2015
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  • Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

    Any reviews on this DTCP approved layout by Pristine Prime properties? They are quoting 1400 INR/ sq. ft. for these plots in 'Pristine Garden' in Nellikuppam village in Guduvanchery - Thiruporur Road. Is it not overpriced? What are the growth prospects for Nellikuppam?

    Nellikuppam is 12 kms from GST road. And this layout with more than 100 plots is hardly 100 metres from Guduvanchery - Thiruporur main road.
  • #2

    #2

    Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

    The price is forward factored. From GST within 5 kms Rs.1300, 5-10 kms Rs. 1000 is what the previling rates for DTCP plots, So 12 kms from GST will take more years to spread growth. From Thiruporur side, the road is not in good condition and developmets. Price you have mentioned higher. For this price you can choose better places. Having said that i dont knkw the layout and its neighbourhood and i may be wrong.

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    • #3

      #3

      Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

      In general the price in that stretch is forward factored in anticipation of the future development. As of now, there is not even basic amenities like a good public transport network. Once the residential projects like Sriram Sankari/Lanco Lumina/SIS Queens Town/XS Vivacity/Chennai Pattinam etc are fully occupied, things should improve. Till then it will be a pure investment

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      • #4

        #4

        Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

        Originally posted by Franke View Post
        The price is forward factored. From GST within 5 kms Rs.1300, 5-10 kms Rs. 1000 is what the previling rates for DTCP plots, So 12 kms from GST will take more years to spread growth. From Thiruporur side, the road is not in good condition and developmets. Price you have mentioned higher. For this price you can choose better places. Having said that i dont knkw the layout and its neighbourhood and i may be wrong.
        Logic seems good. But less than 5 kms Rs. 1300/- and 5 to 10 kms Rs. 1000/-?- Is it a guestimate or the real story?

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        • #5

          #5

          Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

          Originally posted by radnats View Post
          Logic seems good. But less than 5 kms Rs. 1300/- and 5 to 10 kms Rs. 1000/-?- Is it a guestimate or the real story?
          There are certain DTCP layouts in this stretch, prevailing rates.

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          • #6

            #6

            Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

            for that price you can invest in tiruverkadu full development area very nearby to Porur.
            Guduvncheri is waste area no development only hype.

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            • #7

              #7

              Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

              Originally posted by porurking View Post
              for that price you can invest in tiruverkadu full development area very nearby to Porur.
              Guduvncheri is waste area no development only hype.
              Which specific layout at this price you refer? Pls elaborate.
              Last edited May 7 2015, 05:35 AM.

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              • #8

                #8

                Re : Pristine Gardens, Prestine Properties, Nellikuppam, Chennai

                some prefer tambaram as their favourite some porur

                people who couldnt afford tambaram would satisfy for guduvanchery

                people who couldnt afford porur would settle for thiruverkadu...

                both are good emerging suburbs....

                anyway now the price of DTCP approved layouts of thiruverkadu would be twice the price guduvanchery.

                for investment the mantra is dont go above 1000-1500 rs psft since the price wont move faster after 3000 psft.

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