Residentila Land in Poonamallee for Joint Venture
Poonamallee
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.
