I went around Madambakkam (East Tambaram) last week in search of a Builder Floor Apartment, before this i also searched on magicbricks for a week. Printed a selected list of apts to see with contact details from online and roamed a day and finalised a couple by the end of the day. Closed the deal next day after showing it to my parents.
The range starts around 3400 and goes to 4600 per sq ft even (may be more). online search gives only the numbers, but the real valuable information comes only when you see things in person. At 3400 per sqft, usually either the construction quality isnt good enough or the location of the construction. Any good location and decent construction costed atleast 3700 per sq ft. Over 4000 had lifts too in addition to other amenities like wood work. I had a constraint of 'only Ground floor' clause. so had limited options only. But, if you dont have that constraint then you have so many options to choose from, so many buildings (as of mid of sep 2014) constructed, ready to move and waiting to be sold, so you can bargain as well. Real estate mood is flat. And mind you i just looked around Madambakkam only.
Finally i made a deal for a Gnd Flr 2 BHK of 878 sqft at 37L, this includes car park, registration, marble flooring, all teak doors (internal doors as well) . Was impressed with the construction quality. Have to pay the 20% of 37 and the rest will be home loan.
My suggestion : make sure to look out for location, water, construction quality, legal document verification ...etc when choosing one for you.
The range starts around 3400 and goes to 4600 per sq ft even (may be more). online search gives only the numbers, but the real valuable information comes only when you see things in person. At 3400 per sqft, usually either the construction quality isnt good enough or the location of the construction. Any good location and decent construction costed atleast 3700 per sq ft. Over 4000 had lifts too in addition to other amenities like wood work. I had a constraint of 'only Ground floor' clause. so had limited options only. But, if you dont have that constraint then you have so many options to choose from, so many buildings (as of mid of sep 2014) constructed, ready to move and waiting to be sold, so you can bargain as well. Real estate mood is flat. And mind you i just looked around Madambakkam only.
Finally i made a deal for a Gnd Flr 2 BHK of 878 sqft at 37L, this includes car park, registration, marble flooring, all teak doors (internal doors as well) . Was impressed with the construction quality. Have to pay the 20% of 37 and the rest will be home loan.
My suggestion : make sure to look out for location, water, construction quality, legal document verification ...etc when choosing one for you.
