Lokaa M One

Lokka M One, Residential Projects in Madhavaram Chennai

Check out this residential project for sale by Lokaa Developer in Madhavaram, Chennai. Lokaa M One offers Duplex as property type. The project has been developed in an area of 2.1 Acres . It is currently Under Construction. Available configurations include 2 BHK, 2.5 BHK, 3 BHK, 4 BHK. As per the area plan, units are in the size range of 1277.0 - 3277.0 sq.ft.. Lokaa M One was launched in January 2017. Lokaa M One possession is Jun, 2020. Altogether, there are 234 units available. There is 1 building in this property. The address of Lokaa M One is Kolathur - Madhavaram 200 Feet Main Road.

 

Madhavaram is one of the prominent localities in Chennai. The price trends of Madhavaram has been witnessing various ups and downs. The price per sq. ft. was at Rs.4632 in the Q1-2019 quarter and then depreciated to Rs.4572 per sq. ft. in the quarter of Q2-2019. In the Q3-2019 quarter, the locality price has been depreciated to Rs.3703. In the Q4-2019, the locality price depreciated to Rs.3036.

 

The area is not witnessing the correct demand and supply scenario at present. Though its proximity to various prime localities adds to the advantage of being a prominent locality and the rates of the property might catch up soon.

Lokaa Developer is an eminent name in the real estate market of Chennai. The company is known for creating palatial residential and commercial projects. It is guided by the motto of ‘being extraordinary’ and ensures that every project that it develops is unique. The company is driven by the mission to consistently deliver exemplary projects with highest levels of professionalism and ethics. It strives to become the most preferred real estate developer in the country by creating new benchmarks for quality and design.