Residentila Land in Poonamallee for Joint Venture

Poonamallee

Price: Rs 5,050/-

About this Property

Residential land in Poonamallee, Chennai, is available for joint venture construction, ideally suited for residential apartment development. The property is situated on a 30 foot wide road and encompasses a total area of 21,095 square feet. Of this, 14,546 square feet has a clear title with an online patta, while the remaining 6,550 square feet also has a clear title but is documented with a manual patta. The landowner is seeking an advance of 2 crore and proposes a 50 50 profit sharing arrangement, which is open to negotiation. Conveniently located just 450 meters from the Outer Ring Road connecting to Tambaram, the site is a mere five minute drive from the Poonamallee bus stand. The property enjoys strategic access to Mangadu, Kudrathur, Tambaram, and the Bangalore highway, and is surrounded by a well developed neighborhood.

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