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Magilvanam Kaveri - 2 BHK apartment for buy-new in Yercaud Foothills, Salem - main view
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Type

Apartment

Bedrooms

2 BHK

New ProjectApartment Terra Verified

Magilvanam Kaveri

Yercaud Foot Hills, Salem

From ₹5.44 Cr
Bedrooms
2 BHK
Area
989 - 1101 sq.ft
Furnishing
Semi Furnished
Status
under-construction
Type
Apartment

About this property

Magilvanam Kaveri in Yercaud Foot Hills, Salem is a ready-to-move housing society. It offers apartments and villas in varied budget range. These units are a perfect combination of comfort and style, specifically designed to suit your requirements and conveniences. There are 2BHK apartments and 2BHK and 3BHK villas available in this project. This housing society is now ready to be called home as families have started moving in. Check out some of the features of Magilvanam Kaveri housing society: *Magilvanam Kaveri Yercaud Foot Hills has 3 towers, *Spread over an area of 5 acres, Magilvanam Kaveri Yercaud Foot Hills, Salem is one of the spacious housing societies in the Salem region. With all the basic amenities available, Magilvanam Kaveri fits into your budget and your lifestyle. *Yercaud Foot Hills, Salem has good connectivity to some of the important areas in the proximity such as Gorimedu Junction, Yercoud Adivaram and Hasthampatti Roundana and so on.

Property Details

Basic Information

Property ID
#680
Property Type
Apartment
Listing Type
New Project
Construction Status
under-construction
Possession Date
31 December 2026

Configuration

Bedrooms
2 BHK
Furnishing
Semi Furnished

Area & Dimensions

Built-up Area
989 - 1101 sq.ft

Legal & Compliance

RERA Number
Not provided by the lister

Investment Calculator

Estimate returns after costs

5 Years
1 Yr15 Yrs
₹
%/yr
Future Value
₹6.62 Cr
+₹1.18 Cr
Net Rental Yield
1.9%
after vacancy & upkeep
Net Rent (5Y)
₹54.52 Lac
rent from month 9
Net ROI
20.8%
~3.9%/yr
Investment Summary5 Year Projection
Purchase price₹5.44 Cr
+ Stamp duty & registration₹38.08 Lac
+ Capital appreciation₹1.18 Cr
− Selling costs₹13.24 Lac
+ Rent collected₹60.57 Lac
− Maintenance & tax₹6.06 Lac
Net profit₹1.21 Cr

Assumes 4% yearly appreciation, 5% rent growth, 1 month(s) vacancy a year, and no rent for the first 8 months (possession + delay). Source of the appreciation and rent defaults: Yercaud Foothills area market data (updated Jul 2026). Projections are estimates, not guarantees, and exclude loan interest and income tax.

Amenities

7 amenities available

Swimming Pool
Gym
Parking
Children Play Area
CCTV
Security
Lift

Floor Plans (3)

Floor Plan 1 - Magilvanam Kaveri
Floor Plan 2 - Magilvanam Kaveri
Floor Plan 3 - Magilvanam Kaveri

Nearby Places

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Legal Clarity

Approvals & Documentation Status

Verified approvals
Not yet verified

No approval documents have been submitted for this listing yet.

Approvals & Clearances

Approval details are not available yet. Ask the developer for the commencement certificate, building-plan approval and RERA certificate before booking.

Developer Information
Developer
VILVA HOMES PRIVATE LIMITED
Project
Magilvanam Kaveri

"Verified" means TerraNexxus has checked the linked document on the date shown. Items marked "Pending verification" are declared by the lister and have not been checked yet. Always verify independently before making a purchase decision.

Frequently Asked Questions

Common questions about Magilvanam Kaveri

Yes, Magilvanam Kaveri is RERA approved and registered with Gujarat RERA. You can verify the RERA number on the official GujRERA website for complete transparency and legal compliance.

Locality & Market Insight

Why invest in Yercaud Foothills?

"Yercaud Foothills is witnessing transformation with premium infrastructure and seamless connectivity, making Magilvanam Kaveri a high-value asset for both lifestyle and investment."

The real estate market in Salem has shown consistent growth. Specifically, Yercaud Foothills is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

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Down Payment

₹1.09 Cr

20%

Loan Amount

₹4.35 Cr

80%

Total Interest

₹4.71 Cr

52%

₹4.35 Cr
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹4.35 Cr
Interest: ₹4.71 Cr

Total Amount Payable

₹9.06 Cr

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Indicative property rating

Average

1 of 4 factors are backed by TerraNexxus-verified data. Tap a factor to see why.

TerraScore™ is an indicative rating, not advice. Unverified factors use lister-provided data (listing updated 14 Jul 2026). Always verify independently.

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