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value of house in madipakkam & buying a house

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value of house in madipakkam & buying a house

Last updated: April 27 2009
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  • value of house in madipakkam & buying a house

    I bought a house in New Kuberan Nagar, Madipakkam * 41L in 2007 Sept
    Land:2250 approximately
    constrcution:700 -8 yrs old ;850 - 1.5 yrs old
    additionally constructed about 100 sqft for a lakh
    When i bought this house the delux/luxury flats with modular kitchen and gas pipeline costed 35L in the city. I was told that flats life is short I was renting in T Nagar where water supply used to be only for 15 mins twice a day
    Now am finding it difficult live in madipakam since it is away from city
    And am also not having all the facilities of flat.

    Will real estate price keep falling down like this
    They also say that outskirt areas like madipakam will not appreciate much
    So may be even if i sell that provided somebody is willing to payup the bank loan i will be able to think of a flat in the city

    Am not sure if its possible for me to buy a flat in the city
    Pls advise
  • #2

    #2

    Re : value of house in madipakkam & buying a house

    Originally posted by GoccaMacca
    It is possible to buy a flat in T nagar for 20L in a year
    Are you sure flat for 20L in T Nagar in a Year, can you give more details because we are looking out for a flat in chennai a 2 BHK one in range of 20- 30 L

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