Royal Orchard plots-Highly appreciable villa plots-Starting from 4.99 Lakhs


ROYAL ORCHARD :  Starts From 5.06 Lakhs*

Let your eyes feast on beauty at a Royal Orchard plot.

Stop and smell the roses. Or the lilies. Or the jasmine. Whichever you choose, Royal Orchard plots bring you closer to nature for a healthier lifestyle all year long. Located next door to Tapovan Ultra Luxury Villas by MARG properties, in idyllic surroundings, one of these could be yours

Other features

  • Highly appreciable villa plots
  • Access to all shared facilities at MARG Swarnabhoomi
  • Proximity to other proposed industrial projects like NTPC and BGR Energy
  • Near proposed Southern India railway station at MARG Swarnabhoomi
  • Amenities* – Clubhouse with swimming pool and Children’s play area

royal-orchard,Layout Plan,Marg Swarnabhoomi Plots,Villa Plots

royal-orchard – Layout Plan – Marg Swarnabhoomi Plots – Villa Plots

royal-orchard Layout Plan,Marg Swarnabhoomi Plots,Ecr Plots,Villa Plots

royal-orchard Layout Plan – Marg Swarnabhoomi Plots – Ecr Plots – Villa Plots

Contact For Booking :CALL : 044 – 4242 7200

Contact Us

Swarnabhoomi Cityscapes,

MARG Axis, 4/318, 3rd Floor, Rajiv Gandhi Salai, Kottivakkam,
Chennai – 600 041
Phone :044 – 42427200
Email : villaplots@marggroup.com

For More Details About Marg Swarnabhoomi Plots : http://www.swarnabhoomicityscapes.com 

http://www.margswarnabhoomi.com/

Capital Values Well Appreciated In ECR Corridor


Of all the sub-markets in Chennai, East Coast Road (ECR) is seeing good appreciation in the property prices. Expansion of IT/ ITeS sector, renewed demand for luxury villas and launch of many such projects are playing a vital role in the increase in prices here, which is going over Rs. 11,000 sq.ft in all the prime locations, especially near the beaches. There are consistent demands for affordable premium homes across peripheral locations of the city. In the past six months, a hike of about 10-15% was observed for luxury villas and premium apartments. The enquiry rates also showed a visible increase up to 25% in the same period. Good price appreciation in the ECR corridor can be attributed to the fact that Chennai market is completely end-user driven. The stretch from Palavakkam to Mamallapuram is witnessing exceptional growth in the residential sector, catering to premium categories such as HNIs, NRI’s with prices for independent villas/ bungalows going over Rs. 2 crore. Not withstanding, the rental segment is also flourishing well with a significant price rise of 30%  in the recent past. A fully furnished 4-5 BHK Villa in ECR is priced between Rs. 60,000 to 90,000 per month based on its vicinity to the beach. The major USP of the ECR region is its close proximity to the IT corridor. A major contribution to this upward trend is spurred by the continuous demands from HNIs and others who visit the city for professional reasons. Depending on the connectivity and location, the capital values in this area range from Rs. 2,000 to 6,000 per sq.ft. Following the luxury villas, residential lands are also transacted for good rates in ECR.

———————————————————————————————————————————————————————-

lake view plots,lake view garden plots,Land on ecr,east coast road ecr chennai,plots on ecr

  • Villa plots are located around MARG Swarnabhoomi, a 1000 acre aspiration city
  • 3 plot projects launched:“Bay view” , “Lake View Garden” & “Royal Orchard” in the rapidly developing urban area
  • Huge appreciation value with proximity to:
    • BGR Energy & NTPC industrial projects
    • TTDC water sports and theme park
    • Shared facilities of MARG Swarnabhoomi
    • Proposed Southern Railway station in the future
  • Starting from just Rs 4.99 Lakhs per ground

Visit:http://www.swarnabhoomicityscapes.com

———————————————————————————————————————————————————————-   Good connectivity options, excellent infrastructural designs that are on par with international standards have raised the expectations of the upcoming projects in ECR. Viewing the demand and supply ratio here, the market is expected to continue to prosper, says the real estate experts.

Land in Chennai faces an upsurge in demand


swarnabhoomi cityscapes,bay view villa plotws,lake view garden plots,plots in chennai,chennai plots,ecr plots,royal orchard plots,plots for sale in chennai

Demand for vacant plots is gaining momentum across all micro markets in Chennai.  Among the factors attributed to the sudden revival are investment inflow into growth corridors like Oragadam, improved connectivity level, transportation and spurt in the number of housing projects under development in suburban and peripheral areas.

There is a perceptible shift in demand for plotted development projects in that enquiry levels are up by 15-20% over last year.   This is in spite of the fact that government has recently hiked the guideline values for land across the state.

Yet another factor that is convincing homebuyers is the postponement of home buying decision due to a combination of factors.  Those who are unable to take a firm decision due to locational preferences and price, are convinced that the only way to compensate the growing home prices is to plough back smaller investments which is one reason for the sudden spurt in demand for vacant sites across the city.

The rate varies from Rs.500 – 1200 per square feet for units located in 50km radius from city centre and Rs.250 -1,000 per square feet in 100 km radius.  If the project is well maintained and has a club house, a premium on the sale price is demanded by select developers.

Plot loans are available from a few institutions but at a higher lending rate and the quantum of loan is restricted to the guideline value of the property which is less than the market value.  This increases the upfront margin money for investors seeking plot loans.  A majority of the housing finance institutions insist on construction within the prescribed period and so investors may not be able to benefit much out of plot loans if the intention is to just make medium to long-term gain.

Investors are to enter into plotted development projects only if their investment horizon is beyond five years.  This is because 100% price appreciation is possible in 50 km radius in five years and in 100 km radius, it might take 7-9 years to reach that level of appreciation.

Though the number of organised players in plotted development projects do not even cross double digit figure, mushrooming of unorganised players in far flung areas is a disquieting feature.  Apart from the 24×7 maintenance, ground realities have to be observed before plunging into investment as that will bring value to the overall investment, caution property experts on condition of anonymity.  This is because a number of investors have been taken for a ride by unscrupulous elements in the industry and moving from pillar to post to seek justice.

Among the basic documents that need to be verified by investors in plotted development projects specific mention must be made about title deeds, death certificate in case of inheritance by intestate succession, Will and probate in the event of testamentary succession, revenue documents like Patta, chitta and adangal, encumbrance certificate for a minimum period of 30 years, layout sanction for the plot, proof of documents to show EB connection, MMWSS&B system, and authentic document to establish the identify the vendor.

Source:sulekha