This post is one of the undervalue series of value investing. As you are all aware, 200 feet radial road – Pallavaram – Duraipakkam is the most happening place in South Chennai.
If you like to know more, read my other post in this link.
Prestige, Allianz Galleria, Mantri , TVS Emerald, Sobha, Jones, DRE, Bhagiyam has already constructed apartments and most of the vastu complaint and higher floor apartments are already sold out. The price range is averagely around 90 Lakhs to 3.5 Crores per flat.
Last Sunday, Lancôr has also launched a new project and 60% flats are pre booked in a week. That’s the level of excitement in this area.
A branded apartment adjacent to yet to launch Prestige is one such good property to buy. Today I got a sweet deal through one of the promoters ( JV – joint owners) of this property, where they offered a good discount for their share.
I am getting around 12 -15 Lakh less than the marker price, than the builder offers.
If anyone is interested, please drop a mail or reach out me in my number for more information.