Here are The Property Show's recommendations
- The recommended location is Medavakkam in Chennai.
- It's a mid-segment market with a weighted average price of Rs 5,000 per sq ft.
- There are 550 apartments available in the area.
- This market offers annualized returns of 5.85%.
Recommended Project 1
|Project Name||Parsn Aahana|
|Price (Rs/ Sq ft)||4,500|
|Unit Size||2 BHK: 1,310 sq ft|
|Completion Date||2015 (Ready)|
The project is spread across 1 acre and has a single block with Basement +Stilt +12 floors. It is located on the Mambakkam Main Road. Home loans are available from SBI, HDFC, and AXIS Bank.
Recommended Project 2
|Project Name||Urban Tree WOW|
|Developer Name||Urbantree Developers|
|Price (Rs/ Sq ft)||4,750|
|Unit Size||2 BHK: 1,124 sq ft|
The project is spread across 2 acres and has 10 blocks with Stilt + 4 floors. Located in Medavakkam, the project is 12 kilometres from the Airport and 2.7 kilometres from Global Hospital. Home loans are available from SBI, HDFC, AXIS, LIC, TATA Capital, ICICI, India Bulls and Reliance Home Finance.
Recommended Project 3
|Project Name||Navin Starwood Towers|
|Developer Name||Navin Housing|
|Price (Rs/ Sq ft)||4,900|
|Unit Size||2 BHK: 1,234 sq ft|
The project is spread across 2 acres and has 3 blocks with Stilt +14 floors. Located in Vengaivasal, the project is close to Velachery, OMR (IT Corridor) and Pallavaram. Home loans are available from all leading banks.