Hello,
I have read and re read threads on Sithalappakm in this forum and hoping not to duplicate information already provided. I am looking to buy a plot in Sithalapakkam, Sankarapuram layout. I have looked at more than 5 plots and finally looking at locking at 1. The quoted rate is 65 lacs per ground and the plot I am looking at is close to 2000 sq ft. The plot is on a 30 feet road and around 300 mts from the Sithalapakkam-Sankarapuram road.
Folks who have invested or looked at Sithalapakkam as an option, can you kindly advise if this rate is worth for this area as is? I have seen in the past forums that the land cost was around 24 lacs probably couple of years back. I am looking at it from an end use perspective and hence want inputs to see if Sithalapakkam is a good option.
I have also looked in and around Kaspapuram - where the going rate is around 2250 per sq feet. But thought that Sithalapakkam is closer to IT and Medavakkam and hence felt that 2700 per sq ft rate is comparably ok.
Also, kindly advise if I need to check for any ASI restrictions in Sankarapuram layout.
I have read and re read threads on Sithalappakm in this forum and hoping not to duplicate information already provided. I am looking to buy a plot in Sithalapakkam, Sankarapuram layout. I have looked at more than 5 plots and finally looking at locking at 1. The quoted rate is 65 lacs per ground and the plot I am looking at is close to 2000 sq ft. The plot is on a 30 feet road and around 300 mts from the Sithalapakkam-Sankarapuram road.
Folks who have invested or looked at Sithalapakkam as an option, can you kindly advise if this rate is worth for this area as is? I have seen in the past forums that the land cost was around 24 lacs probably couple of years back. I am looking at it from an end use perspective and hence want inputs to see if Sithalapakkam is a good option.
I have also looked in and around Kaspapuram - where the going rate is around 2250 per sq feet. But thought that Sithalapakkam is closer to IT and Medavakkam and hence felt that 2700 per sq ft rate is comparably ok.
Also, kindly advise if I need to check for any ASI restrictions in Sankarapuram layout.