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Real Estate Forum on Properties In Chennai

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Q: Hi , Is demand for properties from end users in Chennai increasing this day?
Latest Answer: Properties in the budget range of Rs 30-50 lakh were highest in demand. Properties in all other budget ranges either posted a drop of 1-2 per cent or remained stable.
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Q: Hi..looking a for a 2bhk apartment in Ayanambakkam. My friend told me about Fomra Celebration. Please give me details along with feedback.
Latest Answer: when was the Possession Date....in advertisement of your hoardings in front of celebration apartments you have mentioned Dec2014....But other competitors like dugar & Guru Brindhaven are bit fast more than you..i was roaming around in that area...to look for a apartments, finally i was ok with the Guru Brindhaven,,, I think fomra celebration also going to follow the footsteps of S&P Residency................S&P almost took 2 years...still now they have not delivered the proj..gods Grace i have moved out from fomra celebration...but in marketing they have promised , project will get over by December....So now guru brindhaven is my Destiny
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Q: Hi..i am interested to buy a flat in LCS Utopia. Kindly give some details of the project and feedback of the builder too.
Latest Answer: Interested in this property. Please let me know if anybody has booked in this Project. Like to know your feedback on the project and the builder. Feel free to contact me @9176688281
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Q: Hi..I am looking to buy a flat in ICIPL Amora, please share with me the information about this project. also please can anyone tell me about the locality,schools and shopping areas on kanakpura road?
Latest Answer: The project was started as early as 2012, and most flats were completed by 2015. I think only DTCP approval is available for the project. Therefore any deviation from the original plans would have been ratified. Due to the flats being kept unoccupied for over three years was it maintained well and is there no deteriation in final finish as it was in 2015
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Q: What are the number of properties that falls under tax arrears list?
Latest Answer: Other commercial hubs like Parry’s, T. Nagar and Sowcarpet also fall under the tax arrears list.
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Q: Any new changes in floor space index rules in Chennai?
Latest Answer: The state government has announced additional floor space index on all the housing projects catering middle income groups and low income. The FSI for multi-storeyed buildings is 2.5 and three floored buildings including ground level is 1.5.
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