Projects that mix up community living and investment essentially ends up in a mess because of conflicting interests by owners. Problems start surfacing once residents start living and need to service developers continued interests as a revenue source.
the investors generally exit the project once it is completed, or at a maximum of 2-3 years after completion, at which point the developer also exits the project and completely hands it over to the association. I did'nt understand your point about existing residents being used as revenue source by developers? COuld you please explain? As per RERA, the developer has to form an association and hand it over in year 1 itself.
the work is progressing, but they are not really allowing anyone into the site. I have asked for permission to take a video on thier site , documenting the progress that has happened and hope for permission for the same!
Hello. My office is on montieth road, Egmore. The name of the firm is Connection Point. Please do call me on 9884041884 and confirm before coming please. Look foward to seeing you soon
Found your video to be very informative. Best wishes to you.
thank you very much for your kind words
Radial road turning out to be region of IT parks, Lot of Office spaces coming here💥💥💥
Of course, it's a very high development area. There is a large hospital also nearly completed and expect a mall also in the next two years
Great general knowledge sir... Thank you for your advice
Thanks for the kind words Ranjith.
Sir,you left already existing TVS lighthouse project in the same road
haha! yes, completely forgot to mention that!
Projects that mix up community living and investment essentially ends up in a mess because of conflicting interests by owners. Problems start surfacing once residents start living and need to service developers continued interests as a revenue source.
the investors generally exit the project once it is completed, or at a maximum of 2-3 years after completion, at which point the developer also exits the project and completely hands it over to the association.
I did'nt understand your point about existing residents being used as revenue source by developers? COuld you please explain? As per RERA, the developer has to form an association and hand it over in year 1 itself.
There is no piped gas connection! This is a definite MINUS as all the gated community projects these days are given piped gas connections
they actually tried to fit it in, but technically it was a little difficult because of the four blocks
Any update on parc estate..!
Is on track as per promise
the work is progressing, but they are not really allowing anyone into the site. I have asked for permission to take a video on thier site , documenting the progress that has happened and hope for permission for the same!
Very informative and fine-made video this is.
Thank you very much for your kind words
Sir, May I know your office address, can I meet you in person ?
Hello. My office is on montieth road, Egmore. The name of the firm is Connection Point. Please do call me on 9884041884 and confirm before coming please. Look foward to seeing you soon
Airport is ten minutes by which mode of conveyance.
Hey Somu! Sorry, just checked on google maps. 13 minutes by car . Please check screenshot ibb.co/Cm9k6bn
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@@ChennaiRealtor ..........
TVS 🤫
🤫🤫🤫🤫🤫
I guess the same
I didn't like
Thanks for your feedback. Can I please ask why?