MagicalSushi
MagicalSushi

Real estate in Chennai

Anybody has idea about which side of the city or outer is better to invest in terms of asset appreciation, long term, short term both

12mo ago
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GoofyPretzel
GoofyPretzel
Swiggy12mo

Tiruvallur, sriperumbudur, chengalpattu, Kanchipuram, thiruninravoor - they will appreciate in next 10years but you have to visit regularly.

Medavakkam, madambakkam, mannivakkam, perumbakkam, vandaloor to guduvancherry are in development phase already.

MagicalSushi
MagicalSushi

So buying a plot or land makes sense or buying an apartment ?

MagicalSushi
MagicalSushi

I actually remember 2 years back I went to a site for purchasing a land near ECR which was around 15 lakhs for 4800 sqft and now that value has increased to 25% But I didn't listen and ignored from buying

MagicalSushi
MagicalSushi

What about navalur, shollinganallur ?

GoofyPretzel
GoofyPretzel
Swiggy12mo

They are already occupied so much. For investments, you have to cross kelambakkam.

MagicalSushi
MagicalSushi

How much do you think would grow ? And any idea on trusted builders ?

JazzyMochi
JazzyMochi

Guduvancheri, Thirumazhisai for short term good growth.

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