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TOPIC: Sai Srivari Nagar Plots on GST - Singaperumal Koil

Sai Srivari Nagar Plots on GST - Singaperumal Koil 3 years 3 months ago #3085

Dear All,

I purchased a land 2400 sq.ft DTCP approved plot in Sai Srivari Nagar (S.P Koil) in S2012, should I keep it. what will be the forecast for this layout.

Thanks,
Rex
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 3 years 3 months ago #3086

Hi Rex,

There has been a good amount of appreciation in price around Vandalur, Urapakkam, and is stretching beyond them on the GST Road. Growth was slow until election and things are improving now. It would be good to hold on to this area as it we could expect similar growth as Koyembedu and neighboring areas when the city shifted outwards sometime ago.

Regards,
Vijay
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 3 years 3 months ago #3103

Dear Mr. Vijay,
Many thanks for your swift response.
Do you know about this layout (Sai Srivari Nagar). This layout is GST on road project. This is next to Ford Motors & the petrol station, you may find this layout.
How long do you recommend to hold. please advise.

Thanks,
Rex
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 3 years 2 months ago #3108

Hi Rex,

I remember the cost of this dtcp approved layouts in this area was around Rs. 1300-1500 psf in the beginning of 2013 but people are now asking for around Rs. 2100-2300 psf. That is a 61% appreciation in around 1 and a half year if the asking prices are met.

However, if you do not have any urgent need for cash, I think you can hold it until you start seeing a lot of flats or apartments coming up which would further increase the demand and price in this area.

Regards,
Vijay
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 2 years 11 months ago #4252

Hello Sir,
Some body telling Mahaballiburam to Ennore byes cross in Sai Srivari Nagar (Mahaballipuram - singaperumal koil - and cross on NH45 GST - Sripurumbutor ).. Any idea about this ... Ple let me know.
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 2 years 11 months ago #4263

I am not sure about this Babs. Where did you hear this? I will try to find out but haven;t heard much about this.

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Vijay
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 2 years 9 months ago #4815

Dear Mr. Vijay,

Did you get any updated related to bye-pass road
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 2 years 9 months ago #4824

Hi Rex,

As far as I heard, the project is still in proposal and planning stage. The land acquisition hasn't even started. They are yet zoning in on land that needs to be acquired. This would take around 5-10 official years to begin. I would say it could take close to around 10-15 years or more to complete.

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Vijay
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Sai Srivari Nagar Plots on GST - Singaperumal Koil 1 year 1 month ago #8657

Dear Mr. Vijay,

Could you please advise what is the current market price for plot (2400 Sqft) at Sai Srivari Nagar, Singaperumal Koil.

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