Yay or Nay

#Opinion

Need your opinion. I am planning to buy the below property.

New 1bhk in a gated community. Swimming pool and gym. No club house. No car parking - closed or open. Only bike parking for 1 bhk. Power backup and security.

Location - Chennai, 200 feet radial road. On road property.

Reputed builder. Talked to residents of older phases who are living there for 7 years. Building construction is good

550 sqft. 30% uds. 54L including registration.

It is a Landowner property. Same quoted by builder 72 including registration.

No metro water connection yet. CMDA approved. Current lorry water has a scaling problem

Purpose - rental income. Expected rent - 25k

Posted Jun 3, 2026, 1:16 PM UTC

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