Concorde MayfairReviews & Ratings — Chennai, Tamil Nadu

Ambattur, Chennai 600053

3.7(3)

based on 3 ratings

₹60.00 L – ₹1.00 Cr

Karthik Sundaram2 April 2026 918 views 1 comments

Construction Status Unknown

About Concorde Mayfair

Ambattur is one of Chennai's more balanced locations — not as expensive as Adyar or Anna Nagar, not as far as Tambaram or Guduvanchery. Concorde Mayfair sits in this middle ground and that's its core value proposition. Concorde is a Bengaluru-origin developer expanding to Chennai with their quality standards in the North Chennai industrial zone.

Construction Updates

Price History

Listed price: ₹60.00 L – ₹1.00 Cr. Help the community by logging the actual price per sq ft.

Concorde Mayfair — Buyer Reviews & Discussion(1)

@karthiksundaram2mo ago

Appasamy has been building in Chennai since 1975. That's almost 50 years. They've seen market cycles, recessions, everything. Track record matters.

Q&A

Property Details

City: Chennai
State: Tamil Nadu
Type: Apartment / Flat
Developer: Concorde Group
Rating: 3.7/5 (3)

EMI Calculator

Property Price₹60.00 L

Down Payment20% (₹12.00 L)

Banks require minimum 10–20%. Higher down payment = lower EMI.

Interest Rate (p.a.)8.75%

Current SBI home loan rate is ~8.5–9%. Check your bank.

Loan Tenure20 years

Affordability Check

Monthly Household Income₹1.00 L

I'm currently paying rent (double burden during construction)

Monthly EMI

₹42,418

Loan: ₹48.00 L · 8.75% · 20yr

Total Amount Paid

₹1.02 Cr

Total Interest

₹53.80 L

Income Multiple

Property price ÷ annual income

5.0x

RBI guideline: 4–5× · <4× Comfortable · 4–6× Manageable · >9× Stretched

EMI-to-Income Ratio

EMI as % of monthly income

42%

<30% Healthy · 30–40% Manageable · >50% High risk

For illustration only. Actual EMI varies by bank processing fees, GST, and insurance.

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