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Real Estate Forum on Real estate News in Adyar, Chennai

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Adyar, Chennai

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Adyar & Velachery are having healthy profit through resale & capital appreciation.

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Latest Answer: Hi Charan , As per my own experience, another South Chennais locality, Velachery witnessed a six per cent rise in property prices during the Oct-Dec 2014 quarter. This means a 2BHK apartment priced about Rs 38 lakh during the Jul-Sep 2014 quarter is now being sold for Rs 40 lakh approximately. Even in Jul-Sep 2014 quarter, a three per cent capital appreciation was witnessed here.
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Adyar, T Nagar & Nungambakkam areas are gaining popularity among end users & investors.
Q: Now a days rental market & Corporate leasing are good in these areas.

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Latest Answer: Hi Guys, Consider Nungambakkam, where a 2BHK unit spread within 1300 sq ft costs between Rs 1-1.5 crore. However, rents are attractive considering that flats within 1300 sq ft can get as much as Rs 45,000 per month. Larger configurations (4BHK of 4000 sq ft) means you can earn close to Rs 3 lakh per month as rental returns. When the Mount Road metro becomes operational, values are expected to rise further and so will the popularity of the place.
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How adyar is treating to investors ?

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Latest Answer: What is the current rate per sqft going on in Adyar? I just want an idea how much will be the price of a 2 or a 3 bhk unit in this locality.
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