Medavakkam Commercial Land


Commercial Land with Building Plan Approved

The Property for sale is in Medavakkam/Gowriwakkam on Velachery-Tambaram Road.
It’s 11.2 Grounds with 150′ Road Frontage. South Facing.
Measurement: South 150′, North-137′, West-181′, East-200′
The 11.2 Grounds size is after acquisition for Road widening.
The Velachery-Tambaram Road width is 150′.
The Property was under ASI jurisdiction. NOC from National Monument Authority Delhi obtained in April 2016.
Now its an Institutional Land. Sanction for 54,572 sqft in Ground +3 obtained from CMDA for IT/ITES along with Car Parking (56 Cars) and 112 Two wheelers. TDS
Payment of 50L to CMDA and Chitlapakkam Panchayat has to be paid
GrF               12813 sqft
FF                11305
SF                12793
TF                  4071
Basement      12902
Terrace            738
TOTAL-        54572 Sqft
Sanction is for IT or ITES. For putting up a Retail/ Commercial Structure, permission has to be obtained.
The NOC permits 20 meters to be raised. Basement, Ground +3 Floors. For further raising the height, prior permission has to be obtained.
Velachery-Tambaram Road is being a 150′ Road, 2.5 FSI is eligible. Also is Premium FSI. 
The property is in two names. 46 Cents+17 Cents.Survey numbers 11/2A2 and 11/2A3
Price:25 Cr
Brokerage: 1%+ Service Tax

The Info given about the Property are based on the Site Visit and Discussion with Seller/Owner.

Price: 25 Cr INR
Property Id:CRP 0046
Land Area:11.2 Gr
Frontage:150 ft
Road Width:150 ft
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