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Vijayasrees Vaishnavi Palace - 2 BHK apartment for buy-new in Ammapet, Salem - main view
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Type

Apartment

Bedrooms

2-3 BHK

New ProjectApartment Terra Verified

Vijayasrees Vaishnavi Palace

8th cross, Pallavan Road, Vidhya Nagar, Ammapet, Salem, Tamil Nadu

From ₹8.87 Cr
Bedrooms
2 - 3 BHK
Area
1267 - 1446 sq.ft
Furnishing
Semi Furnished
Status
new-launch
Type
Apartment

About this property

For those looking to buy a residential property, here comes one of the choicest offerings in Salem, at Ammapet. Brought to you by Vijayasree Builders Salem, Vijayasrees Vaishnavi Palace is among the newest addresses for homebuyers. There are apartments for sale in Vijayasrees Vaishnavi Palace Ammapet, Salem. This is a new launch project right now, and is expected to be delivered by Feb, 2028 . Vijayasrees Vaishnavi Palace Salem is a RERA-registered housing society, which means all projects details are also available on state RERA website for end-users and investors. The RERA registration number of this project is TNRERA/7/BLG/0106/2026dated 28-03-2026. Read on to know more about must-know features, Vijayasrees Vaishnavi Palace Photos, Floor Plans, Brochure download procedure and other exciting facts about the project.

Property Details

Basic Information

Property ID
#689
Property Type
Apartment
Listing Type
New Project
Construction Status
new-launch
Possession Date
29 February 2028

Configuration

Bedrooms
2 - 3 BHK
Furnishing
Semi Furnished

Area & Dimensions

Built-up Area
1267 - 1446 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
₹11.21 Cr
+₹2.34 Cr
Net Rental Yield
2.4%
after vacancy & upkeep
Net Rent (5Y)
₹82.81 Lac
rent from month 23
Net ROI
24.5%
~4.5%/yr
Investment Summary5 Year Projection
Purchase price₹8.87 Cr
+ Stamp duty & registration₹62.09 Lac
+ Capital appreciation₹2.34 Cr
− Selling costs₹22.43 Lac
+ Rent collected₹92.02 Lac
− Maintenance & tax₹9.20 Lac
Net profit₹2.33 Cr

Assumes 4.8% yearly appreciation, 5% rent growth, 1 month(s) vacancy a year, and no rent for the first 22 months (possession + delay). Source of the appreciation and rent defaults: Ammapet area market data (updated Jul 2026). Projections are estimates, not guarantees, and exclude loan interest and income tax.

Amenities

5 amenities available

Swimming Pool
Club House
Children Play Area
Parking
CCTV

Floor Plans (4)

Floor Plan 1 - Vijayasrees Vaishnavi Palace
Floor Plan 2 - Vijayasrees Vaishnavi Palace
Floor Plan 3 - Vijayasrees Vaishnavi Palace
Floor Plan 4 - Vijayasrees Vaishnavi Palace

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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
Vijayasree Builders Salem
Project
Vijayasrees Vaishnavi Palace

"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 Vijayasrees Vaishnavi Palace

RERA approval status is pending verification. We recommend checking with the builder directly for the latest RERA registration status.

Locality & Market Insight

Why invest in Ammapet?

"Ammapet is witnessing transformation with premium infrastructure and seamless connectivity, making Vijayasrees Vaishnavi Palace a high-value asset for both lifestyle and investment."

The real estate market in Salem has shown consistent growth. Specifically, Ammapet 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

Tools

Calculators, scoring & quick actions

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Down Payment

₹1.77 Cr

20%

Loan Amount

₹7.10 Cr

80%

Total Interest

₹7.68 Cr

52%

₹7.10 Cr
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹7.10 Cr
Interest: ₹7.68 Cr

Total Amount Payable

₹14.78 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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