Blogs about Real Estate India

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Why invest in Guduvanchery, Chennai

While a majority of the central areas in the city of Chennai have reached a saturation point, outskirts are now seeing a huge housing influx. This is because of the economical property prices and developing social infrastructure.

One of the suburban areas cited as one of the most sought after realty destinations in Chennai is Guduvanchery. It is the modest property rates that are driving the demand here. Reports suggest that the area has witnessed a solid 2% residential demand in 2014. The trend continues in 2015 too. The strategic location of Guduvanchery has played a crucial role in its realty growth.

Guduvanchery is nestled between Tambaram and Chengalpattu, lying on the GST Road. The area enjoys great connectivity as well as it has become a real estate hotspot for a lot of real estate developers owing to the massive open space available. Both local and national property developers are buying land in Guduvanchery in order to create a number of residential options. With nearly 70% of property buyers looking forward to invest in houses which fall under INR 50 lakh, the area provides maximum supply of low-budget homes which fall well below INR 30 lakh!

When compared to the neighbouring IT hubs which provide homes at huge prices, Guduvanchery offers an affordable option for everyone. Besides, the area is also attracting employees from industrial parks and IT parks nearby. The proximity of the area to integrated townships and SEZ such as Estancia, Shriram IT Park and Mahindra City Park has lured numerous investors to stock up on their inventories in the area.

2 BHK apartments in Guduvanchery are selling like hot cakes due to its affordability and location benefit. For instance, a 2 BHK apartment in Guduvanchery that covers an area of 1,000 sq ft. costs at an average of Rs. 3,300 per sq ft. The seamless connectivity of this area is another vital factor that helps the real estate market here. Easy access to various other SEZs through the Old Mahabalipuram Road as well as the Vandalur-Kelambakkam Road did not fail to attract many home buyers to move their residence here.

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Investing in 2 BHK apartments in Begur Road is a wise decision

Begur is situated on the Bangalore Hosur highway. Five fresh residential layouts surrounding Begur Road have contributed to the extension of the residential area within Begur Village area. Begur Woods Layout, DEO Heights, Classic Paradise Layout, Vishwapriya Nagar and Akshaya Nagar are the best residential layouts within Begur. More than 50 apartments are being constructed within 3 km in/around Begur.

Construction cost in Begur Road varies from 2500 to 6000 rupees per square feet, depending upon the discrete inbuilt amenities provided along with the property. The price range of 2 BHK Apartments in Begur Road are affordable for medium and high income group home buyers.

Over the past few years, Bangalore has experienced a boom in real estate market and has become a prospective real estate destination. The developments taken place in IT and production sector have made the city as one among the most sought after spots for residential properties in India. The real estate market in Bangalore has emerged into a more matured market than that of Chennai because unlike Chennai, a number of locations in Bangalore are adequately supported with amazing social infrastructure facilities. Because of this fundamental aspect the 2 BHK Apartment in Begur Road in Bangalore finds many buyers.

Capital values and rentals for residential properties in the Begur Road area of Bangalore have stabilized in the past one year. According to the realty experts, most of the projects that were launched in year 2014 are now offering possession and a large number of residential units are now available in Begur Road for sale and renting purpose.

2 BHK Apartments for sale in Begur road are gaining popularity, as Begur road area is emerging as IT hub in view of its strategic location. Its connectivity to the airport, railway station and other places make it an ideal destination for working professionals and other employees. In addition, it is surrounded with famous educational institutions, shopping centres, medical facilities, theme parks and entertainment complexes. Thus, investing in Begur Road will bring a good value appreciation in the near future. Decide right now to reap high profits.

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Why choose 1BHK Chrompet residential apartments?

Many reputed realtors and developers of the country have their eyes set-on developing their project in the metro city Chennai. This city has a very strong infrastructure and provides ample space for setting up luxurious and lucrative housing facilities.

In recent times, a trend has been observed that both developers and investors are focusing on the rural areas and places located in the outskirts of the city. People are also relocating to such areas to get away from the noise and traffic of the city apart from affordability factor. Chrompet is one such locality that has witnessed a substantial growth in terms of real estate.

1 BHK apartments in Chrompet are very affordable. These small houses are a great option in terms of investment. Moreover, the value of such properties is expected to see a major hike in the coming future. Due to the development of roads, this area is very well connected with the rest of the city. Large numbers of transportation options are also available to the residents. Moreover, Chrompet has a railway station too. Any 1 BHK apartments in Chrompet would fit the pocket of even the low budget buyers due to its affordability.

Features of various housing projects in Chrompet:

• The apartments are beautifully designed and are equipped with latest utilities

• Most of the apartments are surrounded by greenery to create a healthy environment for living

• Wide interior roads are also present for easy transportation to the neighbouring localities

• Both open and closed parking spaces are available

• Round the clock security is also provided for safety of the residents

Neighbourhood

One can easily find gyms, petrol pumps, hospitals and ATMs in the vicinity, making it comfortable for residents planning to buy a home for staying, rather than investment. The neighbourhood is famous because of its 14 km. distance to DLF IT Park.

• Schools and Colleges: The city of Chennai also attracts a lot of students because of it has famous educational institutions and facilities. Schools and colleges in the vicinity include Euro Kids, Saviours Jesus High School, Budding Minds Play School, NSN Chrompet, Dr. Siyaaram Academy, Ayaasamy Iyer Higher Secondary School etc.

• Daily Needs Stores: Sathya Cool Bar, Saravana Stores, Spencers, Megamart and VSP Supermarket are available in the locality for regular home needs

• Entertainment Facilities: There are several options for parks, movie halls, restaurants like Vetri Theatre, Shine Theatre, Pizza Hut, Papa John’s Pizza, Friends Restaurant etc

The major developers are:

• Nexterra: By the famous PS Srijan Developers

• VGN Royale: By VGN Developers

• Romma Paradise: By Romma Housing

The above information related to the best projects in Chennai would help you to choose the right property following your budget and expectations.

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The realty rise of Avadi- Suburb in Chennai

The real estate condition in the metro cities of India is pretty clear to everyone. Properties are absurdly expensive and purchasing a land or home seems to be a distant dream for many middle-class people. Well, the situation remains the same in the popular commercial, educational and cultural hub of Southern India, Chennai.

The main areas of Chennai are flooded with people and the vacant properties of the area are ignored by those who are looking for affordable properties as they are not afraid to settle in a place out of the city. Avadi comes in as a residential haven for such people. First, 1 BHK apartments in Avadi for sale are cheaper when compared to similar properties in other areas of Chennai. There are several other highlights of Avadi as well that will make the region a very favourable realty destination in the coming years.

Connectivity - The Avadi railway station as well as the bus terminus has made travelling to any part of the state from Avadi very convenient. As far as the distance of Avadi from Chennai is concerned, Avadi does enjoy a good advantage. It is just 23 km from the main city. Thus, connectivity seems to be one of the most significant factors that determine the realty potential of a locality.

Educational institutes – The region boasts of more than 20 schools and over 10 recognized colleges. Besides, there are five notable polytechnic colleges. This educational foundation makes Avadi a prime location to settle down. For those who have kids, buying 1 BHK apartments in Avadi for sale is a sensible move.

Other essential amenities – Besides the presence of educational institutes and good connectivity, Avadi houses all the prominent national as well as private banks that operate in India. The place is well armed to face medical emergencies as well.

In the recent years, several IT companies have gained entry into the city and this will only add to the positive aspects of Avadi. Who can deny the fact that it was the IT boom that transformed the fortunes of metro cities such as Hyderabad and Bengaluru; and definitely, Avadi is not far behind.

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Chennai Real Estate Market - On a Constant Rise

Chennai is a hot destination for real estate investors in the country. When compared to other metropolitan cities like Mumbai or Delhi, the city of Chennai is not so costly. It is still quite affordable and the city’s market is driven by end-users rather than investors. This basically highlights the low speculator activity.

In other major cities, the price of the property fluctuates a lot, whereas it is not the case in Chennai. Speculators and investors hardly influence the pricing of properties in Chennai. This results in a stable price of property in Chennai and its outskirts. 1 BHK apartments for sale in Mangadu are therefore quite affordable for the middle income group.

Before announcement of the budget, there was stagnation in the real estate market. Main reason behind the stagnation was inflation, slow economy and job insecurity. Now the scenario has changed for good in Chennai and other southern cities. The driving factors are:

• Increase in taxable limit, • Enhancement of benefits under Section 80 • Rise in exemption limit on interest payments on housing loans

All these benefits have changed the outlook of people in Chennai resulting in increased residual income. There is high demand of residential projects. To cater to this rise in demand, the city is expanding in all directions. Areas like Medavakkam, Avadi, Perumbakkam, Mangadu, Vannagaram, Ambattur, etc. are developing to cater the demand. These are new residential areas for the end users. Not only buyers, but also the builders are sure to get benefits for taking up affordable housing projects. All these are sure to accelerate the demand for affordable housing projects considerably.

This is the right time to invest in 1 BHK apartment for sale in Mangadu as the residential property projects are showing a steady rise. The rate varies from area to area based on various facilities. You can find all kinds of projects ranging from luxury to affordable ones and that too around the developing suburban corridors like ECR, OMR, Poonamallee and GST. Thus it is one of the wisest things to invest in such projects at this point of time.

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Invest Your Money in a 2 BHK Flat in Korattur for Better Returns on Investment

Korattur is a peaceful area situated in the vicinity of Ambattur IT Park and Tambaram Airport Highway. It has two reputed schools, big hospitals and one women's Science and Arts College and big hospitals within 5 km. It has better connectivity through Electric trains; Public transport buses within 3 to 5 km distance from Anna Nagar East and West, Mogappair Industrial estate, Ambattur, 9 banks and a number of ATMs and 3 leading super markets are located in this area. Hence it is more advantageous to buy 2 BHK flats in Korattur.

Fast growing locality

Korattur has all important facilities like school, colleges, bus stop and railway station all well connected with each other. It is one of the fast growing localities in Chennai which is near to all leading companies like TVS/Wheels India. You can access to Chennai bypass through Canal Road and it is only 2 km form Padi Junction. And nearby excellent connectivity through service lanes of Chennai bypass provides better connectivity through the service lanes to Oragadam, Madhavaram, Avadi and Ambattur.

Perambur and Kolathur occupy the major portion in North Chennai. Kolathur is a new addition to the top ten residential localities in Chennai preferred by home buyers for real estate investment. The home buyers who look for flats in Chennai consider a set of factors like connectivity, good schools, hospitals, infrastructural development, affordable price, better ROI (Return on Investment) etc. Korattur is just adjacent to Kolathur. It comes under the jurisdiction of Villivakkam sub-register office and Ambattur Taluk. Korattur was included in the Corporation Limit a few months ago. Invest your money for buying a 2 BHK flat in Korattur for getting better return on investment.

Potential residential market

Korattur can be regarded as one of the potential residential Micro Market in North Chennai. Nicely developed TNHB layout makes Korattur a popular residential market. Some of the Chennai’s prestigious schools are located here. Ambattur IT hub is situated in the nearby area to Korattur. Ambattur is the second big IT hub after OMR. Padi flyover eases the traffic to commute towards Anna Nagar. Korattur railway station is another one plus point for the residents. Schools, hospitals, brand showrooms, planned wide roads all these infrastructural facilities can transform this location into 2nd Anna Nagar.

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Pune Outskirts Serve As Real Estate Hot Spots

In recent times the real estate market of Pune has shown substantial growth. The outskirt localities have also attracted a lot of residential projects. Pune’s property market has always shown a positive trend with developed infrastructure support. These localities provide ample space for promoting large and exquisite residential units. People are also relocating to such localities because of the calm and peaceful atmosphere.

Development of Shirwal:

Shirwal is located along the 6 lane National Highway and is becoming a realty hub with large of residential projects being setup in this region. The influencing factors for this growth are-

• Located near an industrial hub that is going through vast development. In addition to that the upcoming massive project of “Mumbai-Bengaluru Industrial Corridor” is going help Shirwal reach new heights. • Shirwal 1 BHK Apartments for sale is a very good option for investment. The property rates of this locality are most likely to increase in future. • Other than presence of large industries Shirwal has many renowned educational institutions and medical centres that are easily accessible. • In addition to this routine facility like medical stores, departmental and grocery shops are also easily available. • Shirwal also has a very ideal location. Being situated along the national highway, the availability of large number of buses and rickshaws makes transportation easy.

Amenities Provided:

The 1 BHK Apartments in Shirwal for sale has all the basic amenities required for a comfortable and luxurious living.

• These apartments have modern utilities installed in kitchen and bathrooms. • Modular switches with concealed electrification are done for better safety. • 100 percent power backup facility is assured in these apartments. • Swimming pools, playgrounds, club houses and recreation centres are also present. • Proper supply of electricity and water is available. • Parking space is also provided for your vehicles. • There is 24 hours security service so that no disruptions occur.

Shirwal is going to be one of the most sophisticated residential areas in coming future so investing in real estate property of Shirwal is a very viable option.

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Owning an apartment building is not an easy thing, ready for sale in Alwar affordably

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Bhiwadi Luring Investors and Developers

Bhiwadi seems to modernize at a very fast pace and features all sorts of lifestyle facilities. The town is home to about 2,700 industries. Moreover, it is just a few miles away from Manesar which is an upcoming industrial and realty hub adjoining Gurgaon. This has grabbed the attention of buyers and investors towards this busy township. Compared to other regions of the Delhi NCR, prices of property in Bhiwadi are reasonable.

Since Bhiwadi is located on the highway and moreover, its infrastructure is developing by leaps and bounds, the locality is emerging as an ideal place for those who cannot afford a home in Delhi or Gurgaon. Though Bhiwadi is 70 km from Delhi, its superb connectivity, compress travelling either way.

Well, Bhiwadi is a classic Tier II city of India and offers value for money to its investors and buyers alike. Apartments that are newly constructed here tend to generate a lot of buzz since they provide multiple options to middle class people.

The great advantage of Bhiwadi is that, it is near NH-8 and has excellent connectivity feature which makes it a best locality for investment. Yet another plus point of the area is its perfect water-supply system. Compared to Gurgaon, prices of properties are reasonable in Bhiwadi. It offers better facilities at much more affordable rates to middleclass people when compared to Noida, Gurgaon, Faridabad, and so on.

Rapid industrial growth paired with good connectivity has made Bhiwadi attractive to those interested in real estate. With reasonably priced property that is well within the reach of mid income group, Bhiwadi will give high returns in the long term.

Furthermore, the expected movement of different companies will boost the realty market in Bhiwadi as well as Manesar and hence provide good appreciation. When people start joining these companies, the need to rent or own a house near their workplace will surely become imperative, which in turn will help in boosting capital and rental values.

Of all the locations in Bhiwadi, Sector 106 A is seeing rapid growth. There is a growing demand for 3 BHK flats in Sector 106 A for sale due to availability, accessibility and affordability. Developers in the area state that Sector 106 A 3 BHK flats for sale are getting many enquiries in the recent times.

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Talegaon- The Upcoming Industrial Hub of Maharashtra

Located in the outskirts of Pune District, Talegaon is one of the most promising places for investment in terms of real estate, as it is slowly making its way to become one of the leading industrial hubs of Maharashtra. The city of Talegaon is 120 km away from Mumbai and only 35 km away from Pune. It is well connected to these metros via Mumbai-Pune Expressway. The association with Mumbai-Nashik Expressway and Mumbai-Bangalore Expressway makes Talegaon accessible from all important nearby places. The city of Talegaon also has a railway station and thus it is connected to Mumbai and Pune via railway as well.

The beautiful city of Talegaon is located at an altitude of 2200 feet to offer a pleasant weather throughout the year and for this reason it is also a place for recreation post retirement for many. But during the last few years the situation has taken a better turn and now Talegaon is considered as one of the best options in terms of affordable housing and real estate for its connection with metros and its growing industrial potential.

The real estate market of Talegaon is increasing day by day, as people from outside are settling down in Talegaon for its extensive connectivity and increasing industrial development. The city of Talegaon is surrounded by the Industrial belt of Chakan and several big automobile manufacturing units such as Volkswagen Group, Daimler-Benz, Mahindra & Mahindra and Bajaj Auto General Motors. As the demand of vehicles of eminent companies is increasing in huge margin in India these industries are growing and are eventually hiring more people in their factories. Talegaon is also close to the Hinjewadi IT Park. Due to this the IT professionals of Hinjewadi along with the workers of the automotive industries are in search of good Talegaon 2 BHK Apartments for Sale.

If you are in search of an estate in a peaceful location which is not very far from metros or important industrial and corporate locations, Book 2 BHK Apartments for Sale in Talegaon. The spacious apartments at a very much affordable rate will quench your thirst for a good flat in a good location.

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Get the Most of Wakad and Strike a Balance between City and Suburban Life

Wakad is a rising locality as far as infrastructural developments are concerned. For those of you who are not aware of this area, Wakad is a locality in Pimpri-Chinchwad in Pune district of Maharashtra. It is situated about 22 km off Pune airport and approx. 17 km off Pune city railway system. This locale is one of the fastest rising localities of Pune. In history this place has a special place for the religious carnivals that used to hold here back then. Also the place’s richly fertile black soil has been the reason for opulent sugarcane, onion and groundnut production here.

Over the years Wakad has seen many developments that make the place suitable for urban living. Starting from road and conveyance facilities to convenient shops and product availability, Wakad has been gathering all necessities and comfort that sketches a facilitated living. Civic infrastructures like underground drainage system and electricity are also pretty good here. The reason why Wakad is developing extensively is because Infotech and Biotechnology Park at Hinjewadi, a place close to the Pune-Mumbai Expressway are coming up very soon.

Due to the location’s rising facilities, it is becoming a very prospective option for the real estate investors. They are continuously becoming more and more inclined to invest on housing projects and properties here. For the same reasons, flats in Wakad are selling out at a good rate. A number of families who went out looking for apartments in Wakad for Sale have been rewarded. To encourage people many reputed developers have given out Wakad apartments for sale and as per the results, a lot many people have actually acquired these flats on sale.

As it was once a popular farming locale, this area is yet to be tarnished by pollution. The environment being absolutely pollution free adds to the evident demand for this place. Owning a property here at this point of time can be lucrative as in a few years all the vacant properties will be bought. So, before all the flats are being sold out and the prices hike, it is advisable to reflect on Wakad’s prospects as early as possible.

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Luxury 2 BHK Apartments in Sector 106 A Avail For Sale

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Neemrana - The New Realty Hotspot in Alwar

The 250 Km stretch between Delhi and Jaipur has turned into a hotbed for real estate  as the places like Manesar, Neemrana, Kotputli, Bhiwandi and Alwar are becoming new catchwords for the real estate investors. Among all these places Neemrana in Alwar district has showed the potential to emerge as an educational as well as industrial hub. As it is located in the Delhi Mumbai Industrial Corridor, it aided the development of real estate market.

It has become a prime destination for the real estate investors and home buyers because of its strategic location and connectivity with the capital city and NCR. Neermana is basically an ancient city with unparallel scenic beauty and majestic heritage fort and hotel and so is popular with the tourists forever. In recent times with the declaration of the Global City and Special Economic Zones the rate of flats for sale in Alwar city has almost doubled.

Why Neermana?

Not one but there are many factors which have contributed to make Neermana the realty hotspot. The fast growing physical and social infrastructure along with the major Japanese industries likes MotoCorp, Havells, plus the other industries like Parle, Rochee Breweries etc. have assisted the area to make a strong impression on the industrial map. The most favourable factors are:

• Industrial Growth: The developments of industries have a direct effect on the real estate of the area as the economic drivers have opened the opportunity for jobs thus there is an increased demand in residential projects. Many prominent realty investors have seen the immense benefits of the area and the return they are likely to get in future through the investment.

• Infrastructure: It has changed itself from tourist destination to an educational hub with almost 38 renowned upcoming universities. Being a part of DMIC development it offers different types of properties ranging from villas to affordable flats for sale in Alwar city. The area promises ultra-modern Township, commercial zones, corporate houses, IT hubs which has resulted in the booming of real estate market.

In the upcoming years Alwar flats for sale is set to see a very high growth due to good connectivity, employment opportunities, industrial development and social infrastructure of the area. It is sure to see a huge price rise in the world of real estate.

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Why Bhiwadi is Becoming Favourite among Investors

According to the Housing Sentiment Index or HSI, a survey that has been developed a real estate portal states that home buyers expect property prices to fall in the coming six months. This online survey of prospective home buyers in 8 major cities of India viz. Mumbai, Bangalore, Pune, Bhiwadi, Delhi, Noida, Chennai and Hyderabad have given investors the idea as to what the population of each of the cities think regarding realty prices.

The average HSI dropped to 93 from 117 in the previous quarter, a decline of around 20 percent. A HSI of 100 denotes that buyers expect the property prices to be stable and fixed at the current levels while a HSI lower than 100 signifies that buyers expect prices to fall and vice versa.

Even though buyers in Bangalore expect prices to increase (HSI=106), yet the buyers in 7 other cities expect prices to fall with Mumbai having the lowest HSI of 81. Hyderabad is next with a HSI of 83. Experts believe that the Telengana crisis is responsible for such low HSI in Hyderabad.

Bhiwadi also has a low HSI as many people have been into searching properties in Haryana. As it is a leading financial and industrial city of India, many people are actually moving here. The main city is crowded due to industrial importance and hence home buyers are looking for properties in the outskirts.

Recently Sector 106 A in Bhiwadi has gained a lot of appreciation due to the CHD 106 Golf Avenue housing project. Spread over an area of 12 acres, this popular project has been the talk of the town. Other than this, Paras Dews, Spire- the Plaza 106 are few renowned housing projects in this area. Sector 106 A Apartments are sought here due to the convenient location and rational prices.

The plus point of this area is the lush green scenery and suburban freshness. As these areas are gradually gaining priority with the investors, prices are pretty reasonable here. You can get 2 BHK apartments in Sector 106 A if you hurry as properties here are selling like hot cakes.

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Growing Demand for Service Apartments in NCR, Metropolitan Cities

Investors and buyers who were literally in a ‘wait and watch’ situation around 5-6 years ago are now scouting for fast-developing townships of the country to make genuine property investments. Among these, one plea in the residential realty category that has grown overtime is the demand for service apartments. With the onslaught of IT/BPO/KPO companies and the visiting populace, the demand for studio and service apartments have risen over time in industrial, MNCs and IT related hubs. That is precisely why there has been a steady supply countering the increasing demand for serviced apartments in Noida, Greater Noida and Gurgaon in the NCR of late.

IT boom has been the primary reason for increasing demand for studio/service apartments in the country. With a number of multinationals and corporate houses fledging their branches in different parts of the country, business, medical and sales executives, managers and expats are seen moving from city to city to have an extended stay there for work purpose. This is where service apartments come into picture. Be it consolidation of all or few apartment flats in residential complexes, service apartments are a win-win situation for both businesses and landlords. These types of apartment flats not only offer a secure and comfortable stay for the former but also a regular income to the later. The agent in return pockets a good fee for acting as a mediatory. Service apartments are a reality in India and increasingly needed in regions were IT/ITES companies and corporate houses are scattered, implying why service apartments in Noida, Gurgaon, Mumbai, Bangalore, Chennai and Pune in particular are high in demand.

Though there is a mismatch in demand-supply ratio, some top residential realty developers in NCR are exclusively constructing service apartments to lend their flats to corporate houses and make steady income. Besides these working professionals having second homes are also seen leasing their houses on short/long term basis to visiting professionals through appropriate realty agents. These service apartments in general are nearly fully furnished and provide ample luxury and comfort in the form of necessary kitchen items, refrigerator, beds and furnishings, TV, telephone, etc. Also with the companies taking better care of the leased service apartment flats, the landlord is more pleased with the entire outcome than renting it out to tenants. This is the reason why service apartments in Noida, Gurgaon and other metropolitan cities are flourishing today proving a smart investment to the landlord.

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Realty Potential of Nerkundram, Chennai

Nerkundram is a town located in Thiruvallur district of Chennai city. It comes under the Chennai Corporation. Nerkundram is a developing area in terms of real estate. The place houses a number of educational institutions including Sri Devi Matriculation School, Maa School of Hotel Management, Lbeaar Matriculation School, Thai Moogambigai Polytechnic College, Jain Joseph Nursery and Primary School, Nathan Girls Higher Secondary School, Krishna Matriculation, Dr. and MGR University among others.

The realty scenario of Nerkundram changed when a permanent hub meant for the National Security Guard Regional was set up off the Grand Southern Trunk Road here at Nerkundram in 2011. The total cost of the project was Rs. 540 million and the total area covered was around 69 acres. This facility is nestled between vast acres of hillocks and forests and is perfect for training commandos, especially in rappelling. Nerkundram’s real estate gained momentum after the establishment of this facility.

Nerkundram’s major advantage is that it is in close proximity to Vadapalani, Koyambedu, Virugambakkam, Maduravoyal, Saligrammam and Alwarthirunagar. Many apartment projects are planned to come up in this area in the recent times. You can get a one BHK flat for Rs. 34 Lakh and a 2 BHK flat ranges from Rs. 40 lakh to Rs. 75 lakh. Owing to reasonable prices, Nerkundram apartments for sale are attracting a lot of investors.

Apartments in Nerkundram for sale come with a range of facilities and amenities. The area is located very close to the commercial hub of Chennai, Koyambedu. A resident is likely to enjoy all the benefits of living in a city. No matter where you choose to live in Nerkundram, schools and colleges will just be 2 to 8 km from your place. Nerkundram is a good residential location for property and is near to commercial hot spots of the city. Flats are here designed in such a way that they suit the unique needs of buyers with good ventilation, amenities and vastu compliance. 

Amenities of flats here in Nerkundram include high speed lifts, balcony, rainwater harvesting system in place, separate parking for visitors, 3 phase connection for every unit, elegant elevation, well covered car parking, beautiful landscaping, inverter wiring for all units, water purifiers, and granite stairs and lobby.

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Basic Points to Remember Before Booking Flats in Delhi

Real estate investment is often looked upon as profitable long term investment; provided you keep your eyes and mind open before investing. In a metropolitan city like Delhi where realty market is expensive and developers often come with schemes to lure buyers, it is best to remain cautious and then make your move. If you have the budget and want to book flat in Delhi then it is wise to remember some basic points to prevent getting mugged while making use of your hard-earned money smartly.

· Before searching for housing in Delhi, first decide on the type of property you would like to invest in - a villa, apartment flat, penthouse or a bungalow and the area of the house.

· Pre-decide the budget or the price range for your intended property. Along with this, also look into the amount of home loan you could procure along with taking in account the outward EMI flow from your monthly salary.

· If you have a big budget and can also spend higher on EMIs, then finding roomy residential spaces in Delhi’s hot locations will not be a problem. As it is the secondary market in Delhi has witnessed a dip of 25%-30%, so getting a flat in one of the prime localities is quite possible. However, if your budget is modest but you intend to buy bigger sized house then move towards fast-developing localities or towards the outskirts of the city. Presently areas like Dwarka, Mehrauli and New Ashok Nagar have good supply of spacious residential units in varying sizes and affordable price brackets. Look into these options before you jump to book flats in Delhi and make your investment.

· An experienced and reliable real estate broker will help you a great deal in not only searching for good residential projects but also during talks/transactions with the developer. However along with that do your own researches too. Carefully go through online property sites and newspaper advertisements to know about ongoing and ready-to-move residential projects. Some of the noted developers in Delhi who have premium ongoing or completed projects are Ansal Housing, BPTP, DLF, Emaar MGF, Omaxe Ltd, Ramprastha, Supertech, Unitech, Vatika, Raheja Developers, etc.

· After you have rounded up on 2-3 projects, gather information about the developer (his reputation, previous projects, etc.) whose project you are finalizing. It is only after this that agreement and registered legal documents should come into picture, but only after reading them carefully and knowing what all facilities you are entitled to get and enjoy.