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Amit on PSSRIJAN I m from psssijan group .We have successfully completed more than 150 projects in kolkata we have started with 2 malls and 3 township projects in chennai and coimbatore.For further information visit our website http://www. pssijan.com. ------------------- Kumar on Raj Paris Harmony is execellent.I prefered this location compared to OMR given that this provides me with the convinience of being closer to OMR and yet a lot closer to the city. I finalised my flat today at Rs 3500/- and believe that this is far superior to Purva next door. I was able to see the development first hand. The building is already in progress and all approvals are in place. The builders are typical old time Madras (not the new Chennai!) professionals, from College of Engineering, Guindy and is stepped in old time values. They have built a lot of good projects in Chennai in the last 25 years and their quality is undoubtable. I was initially looking at Purva Win but was put off by their lack of professionalism, customer care and above all their focus to get deposits with out any approval in place and not even a firm allotment. Thanks to Chennai Metro Blog for introducingme to a quality builder like Rajparis. ------------------- Sumana says Read this: Hello ….. Its good that Uday started this topic. Recently in our family my Chitti sold a flat in Pallavaram for 20 lakh s(1200 sq ft) and purchased a first hand flat in Nanganallur for RS 52 lakhs. It is a decent flat with 3 bed room. I guess the prices have not decreased but stagnant…….Also my aunt is looking to sell her flat in Nanganallur but because the prices are stagnant she is not able to do so………………. Also one of my friend’s father bought a flat in Virugambakkam for 65 lakhs…It is also 3 bed room house…I understand from some more incidents that the real estate prices have not come down but not rising as well. Doshi is offering Etopia 2nd phase for RS 3995/. It is RS 300/. more than what was offered in Jan. US economy is also improving. Gold rates are rising slowly.. In London bullion market 10 days back gold was 458GBP per ounce. Today it is 498GBP per ounce……..I am talking about 24 ct gold. Also I found in Hindu business line that Tidel Park 3 is coming up near American International School/. Things are looking up for people who have invested on OMR …………I have a ground land in BEML LAY OUT ie Rajarajeshwari nagar in Bangalore . I could see demand over there as well as the area is 30 yrs old.peaceful and residential area. Due to election,US economy and inflation the real estate prices have not made a mark over there. Bangalore case is different as it was designed as pensioner’s paradise during British era and also flat culture is new from past 5 years and people who have not migrated will prefer plot even today . But Chennai case is different as people are used to both plot and flat …but majorly flat is preffered . I guess investment of flat is good in Chennai and plot in Bangalore will be excellent……….Last but not the least ….so many companies are relying on software(I would say software is key factor in changing the world’s technology) and Indian companies are stabilised to take care of themselves in this 6 years after recession and hence real estate will not fall ….might not rise for few days but whoever has invested has to wait for sometime………

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