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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

Floor

null

For buy-new RERA Terra Verified

Magilvanam Kaveri

Yercaud Foot Hills, Salem

From ₹5.44 Cr
Bedrooms
2 BHK
Area
989 - 1101 sq.ft
Floor
null
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
buy-new
Construction Status
under-construction
Possession Date
31 December 2026

Configuration

Bedrooms
2 BHK
Furnishing
semi-furnished
Floor
null

Area & Dimensions

Built-up Area
989 - 1101 sq.ft

Legal & Compliance

RERA Approved
Yes

Investment Calculator

Estimate your returns

5 Years
1 Yr15 Yrs
Future Value
₹7.28 Cr
+₹1.84 Cr
Rental Yield
3.0%
₹1.36 Lac/mo
Rent (5Y)
₹90.18 Lac
₹1.65 Lac/mo Yr 5
Total ROI
50.4%
~8.5%/yr
Investment Summary5 Year Projection
Initial Investment₹5.44 Cr
+ Capital Appreciation₹1.84 Cr
+ Rental Income₹90.18 Lac
Total Returns₹2.74 Cr

Projections based on 6% annual appreciation and 5% rent increase. Actual returns may vary based on market conditions.

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

Legal Compliance Score
100%
6 of 6 approvals in place
RERA Registration
Gujarat Real Estate Regulatory Authority
Verified

Approvals & Clearances

RERA Registration
ApprovedDec 2023
Building Plan Approval
ApprovedNov 2023
Environmental Clearance
ApprovedOct 2023
Fire NOC
ApprovedJan 2024
Commencement Certificate
ApprovedDec 2023
Occupancy Certificate
Approved
Developer Information
Developer
VILVA HOMES PRIVATE LIMITED
Project
Magilvanam Kaveri

Legal information is based on documents provided by the developer. We recommend independent verification before making any 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™

Property Rating

82out of 100
Very Good

This property scores well across all parameters. Good investment choice!

Location
18/25
Good connectivity
Builder Trust
15/25
Builder info available
Legal & RERA
25/25
RERA Approved
Amenities
24/25
Premium amenities

TerraScore™ is an indicative rating. Always verify details independently.

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