Located in a posh locality, with quick access to OMR and other parts of the city, this home is ideally sized for a family with kids.
Key highlights of the property
- 1650 Sq. Ft., 1st floor of an Independent home
- Pollution free as it is tucked slightly away from the main road
- Walkable to public transportation
- Many shops in walkable distance
- Modular kitchen
- Wardrobes
- A/C
- CCP
Chennai high court stays the recent police order that requires home owners to register their tenant information, based on a public interest petition.
The opposition argued that this is in violation of a constitutional right that an Indian can reside in any part of India. It also offends the right to privacy and the right to dignity of people residing in rental homes.
Hearing will be held after the court reconvenes post court summer holidays.
Affordable housing in Kelambakkam, very near Siruseri, the IT hub of Chennai. This 800 SF apartment is located opposite to Emerald Engg. on Kelambakkam-Vandalur road, which is 1.5 km from Kelambakkam junction.
With affordable rent and low maintenance fee, this home offers a lot of value for the renter.
Other hightlights of this property are… CCP, 3km from Hindustan College, ample panchayat and ground water, near chettinad hospital.
Call 9962612255 for a visit
Do not be surprised if your apartment maintenance association increases the maintenance charges a bit. Beginning April 1st, 2012, common areas/facilities within complexes is to come under commerical tariff. This means electricity usage for gym, pool, water treatment plant, motor, etc. is to be categorized as commerical usage. Commerical tariff is based on usage as well. The first 200 units is Rs. 4.25, anything beyond 200 units is Rs.7 per unit.
Gone are the days when large apartment complexes with pools, gym, greenery, club house, etc. can maintain the complex with just Rs.2 per SF. It is not just because of increase in cost of electricity, but also due to artificially keeping the maintenance cost low to easily sell these flats.
Live in luxury on OMR with an amazing view of the ocean from this 18th floor apartment. The home is semi-furnished with modular kitchen, wardrobes in both rooms, 2 A/Cs, designer lights and fans.
TVH Ouranya Bay is very close to Siruseri IT park with over 40 families living in this newly built apt. complex.
TVH Ouranya Bay
Amenities include:
Clubhouse
Gym
Swimming Pool
Children’s Play Area
Banquet Hall
Call 9962612255 for a visit
Reside at the best address in town – Kalakshetra colony, Besant nagar. This 4 bed/3bath home is very close to the beach, semi-independent and very spacious
Besant Nagar Indep Home
Key highlights of the property are
If you are interested, call us at 9962612255
Here is a recent news item on The Hindu
Many such real estate transactions can be avoided byboth Buyer and Owner
Buyer – If the buyer is aware of all necessary documents that are needed to buy a land/property, then it is very difficult to trick a buyer. Many times a check on EC, Patta, A-register, FMB, original parent documents, linking docs, legal heirship, etc. will tell if the land belongs to the right owner. Unfortunately, in these fraud cases some times the buyer is also aware that the seller is not the rightful owner.
Owner – From a owners point of view, there are certain simple things you can do to protect such incidents, like monitoring your property frequently, safe guarding your docs, applying EC, etc. When fraudsters know that a property is taken care of, they will choose someone else property over yours.
Some properties rent very quick and it is definitely not by luck, rather they have a lot going for them. Based on our experience, we have compiled a few must-haves for a rental/investment property. These apply to your property whether it is in Chennai or anywhere else in India.
Less than 100 meters to main road - Tenants want to be able to hail an auto or shop for groceries within a short walk. Take 100m as a thumb rule. We have seen renters reject good houses, since they were more than 200m away from the main road.
Near major employers - Most people move to be closer to work or schools, so why would they move to a home where they have a long commute. If you can find a home where a major employer or great schools are less than a couple of KM, you are good to go. Do you have an opportunity to buy a home near DLF or on the OMR stretch? grab it.
Small size – Small size homes rent much faster than bigger homes. Majority of the tenants fall under the demographics of bachelors or newly married or family with 1 or 2 kids who are usually on the look out for 2 or 3bhk between 1000 to 1400 SF. Also, in terms of pure ROI calculation, if you can get Rs. 15 per SF for a 1000SF home, you cannot command the same rate for a 2000SF home- SF rate of rent drops as the home gets bigger.
Less monthly maintenance – Most new complexes charge upwards of Rs. 2/Sq. Ft. For a 1500SF house that is Rs. 3k on top of the rent, which is a lot of money for renters. If you can find smaller complexes that charge less than a Rs. 1000, it is much better. Consider this, not everyone wants a swimming pool or a gym in the complex, these are the amenities that push the maintenance fee up.
Of course, there are exceptions to the rule, like villas on ECR or flats near boat club, which target a different kind of audience.
Finally, for some shameless plug, find a good property management company to manage your property, so you get some peace of mind, knowing that your property is looked after.
Flat for rent in the most sought after Porur Gardens. This home, located close to Porur by-pass toll, is very near Sri Ramachandra Medical College (Porur Campus). 3 more flats available in the same building. Ideal for Corp/Family/Bachelors working or studying in the Porur area.
* 2 BHK, 1250 Sq. Ft.
* Quite breezy
* Situated amidst bungalows
* Built to Vaastu
* New flat
* Plenty of covered car parking.
Call 9962612255 to visit.