Residential Plot

Nemmeli, Vadanemmeli, Chennai

High Rental Income at NEMMELI ECR Key Details of the Property: 1. Land Area: 6720 sqft 2. Price per Sqft: ₹1610 3. Total Price: For 6720 sqft at ₹1610 per sqft, the total price would be: 6720 sqft×1610 per sqft=10,81,9200 INR The total cost for the land is approximately ₹10.83 CR. 4. Negotiable: The price is negotiable, meaning there could be an opportunity to get a better deal through negotiations. 5. Location: Nemmeli, located on ECR Road, is surrounded by hotels and resorts, making it a prime location for investment. Investment Potential: • High Rental Income: Given that the surrounding area generates a monthly income of over ₹20 Lakhs in rentals, investing in land here could yield significant returns, especially if the land is used for residential or commercial development like resorts or rental properties. Negotiation Opportunities: • Since the price is negotiable, you could try to reduce the price further. If the seller is eager to sell quickly due to an emergency, you might be able to get a better deal by negotiating with the seller, especially if you're able to make an offer quickly.

More About This Property

6720 Square feet Plot for sale in Nemmeli, Chennai. This land has a dimension of 105.0 mt length 64.0 mt width. This Plot is available at a price of Rs 1.08 Cr. The average price per sqft is Rs 1.61k. Price. This is a corner plot. The plot is South facing. There are 2 open sides for this plot. The width of the facing road is 40.0 mt. This residential land also has a boundary wall. The maximum floor allowed for construction on this plot is 3. The brokerage amount to be paid is Rs 0. The most popular landmarks near this plot are Ecr food court, Green Garden Restaurant, and Food Park