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Will the first quarter of the new monetary year 2015 be the platform for development of city realty?
Q: Will the first quarter of the new monetary year 2015 be the platform for development of city realty?

real estate news
chennai real estate news
chennai real estate
Latest Answer: Regarding the offices space advertise in Chennai, supply is restricted and narrowing while the interest is high. On a normal, the interest is for around four million sq. ft. consistently. The opening level, which was around 25 every penny, is presently 16 every penny.
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South India is now facing construction problem as cement price increased 40% in the last one month.

credai
chennai real estate news
residential apartment projects in chennai
chennai real estate investment
infrastructural development in chennai
chennai real estate market
Latest Answer: The construction industry has reacted strongly to the cement price hike, with CREDAI and ACCE saying it will result only in project delays and escalation in prices.
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Funding for key infrastructure projects will be mobilised via municipal bonds floated by the Corporation.

chennai corporation
chennai corporation budget
infrastructural developments
chennai metropolitan development authority
chennai real estate news
infrastructure and construction
chennai infrastructure
Latest Answer: Hi Tilak, As per my knowledge, the civic body will issue the bonds during the next financial year to meet the rising expenses for infrastructure. The Corporation is unable to mobilize funds for massive infrastructure projects because of under-assessment of property tax. Councilors stressed the need for preventing this.
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Tambaram west witnessrise in capital value in the recent quarters.
Q: Tambaram west is still riding high in the real estate market with respect to demand , supply & capital values in the area .

real estate news
capital value
infrastructure development
chennai metropolitan development authority
chennai real estate news
chennai real estate investment
civic infrastructure
Latest Answer: Hi Guys, According to me, Tambaram West features several shopping centers, retail stores and day to day convenience stores. Several banks are also present such as Axis, ICICI, SBI, Indian Bank and Indian Overseas Bank. The Vandaloor-Nemilichery Outer Ring Road connects the locality with different districts such as Madhana Puram, Lakshmi Nagar, Old Perungalathur, Krishna Nagar, Mudichur and Bharathi Nagar. Tambaram railway station is at a distance of 3.5 km from Tambaram West and 10-11 km from Chennai Airport via the Velachery–Tambaram High Road.
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Now a days investment in plot is becoming first priority in Chennai.

omr
investment destination
buying property advice
buying plots in chennai
chennai real estate news
chennai plot projects
chennai real estate investment
ponmar
ecr
Latest Answer: Hi, these is very much true that most of the investor are looking for plot rather than apartment these day. as increasing number of issue in purchasing unit like delay in project, bad quality of work, communication gap with builder will create increasing tends in plot buyer.
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Why Thoraipakkam is one of the preferred residential location in Chennai ? Why not Velachery?

investment destination
chennai metropolitan development authority
chennai real estate news
thoraipakkam
infrastructure and construction
chennai infrastructure
chennai orr
chennai property market
velachery
Latest Answer: Hi , both location have its own identities, Velachery is covered with IT companies so the demand and price is high these day and area got good appreciation now most of the builder/ investor is looking for open space so that why he preferred Thoraipakkam as next housing destination.
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Chennai Corporation has decided to identify & demolish unauthorized roads & layouts developed in Coastal regulation zone
Q: Give description about your Question.

cmda
chennai corporation
investment destination
chennai real estate news
chennai real estate
chennai infrastructure
unathorized project in chennai
crz
Latest Answer: Hi Srinivas, The Corporation will primarily screen roads constructed after 1991 in the CRZ-II and CRZ-III areas. Norms pertaining to urban development under the second master plan will not be applicable in CRZ-II that includes developed areas within 500 metres from the shore. Roads, infrastructure projects and housing are not allowed in CRZ-III, which covers a 500-metre stretch of beach from Injambakkam to Uthandi. However, recreation-based activities’ are permitted beyond 200 metres from the coast in CRZ-III.
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Ashiana Housing strike into Chennai Real estate market with a new residential project.
Q: Ashiana Housing has entered into a joint development agreement with Escapade Real estate to develop a senior citizen living & group housing project.

chennai real estate
investment advice chennai
investment destination
chennai real estate news
escade real estate
jv project
Latest Answer: Hi Sudeep, Ashiana Housing is going to make its entry into the Chennai's realty space by launching residential projects, one of them targeted at senior citizens. The company has entered into a joint development agreement with Escapade Real Estate to develop a senior citizen living and group housing projects in the Tamil Nadu capital. This JV project will have some impact on Chennai Real Estate .
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Chennai southern corridor drives huge demand & appreciation due to infrastructure development & growth of industries.

chennai corporation
ecr properties
chennai real estate news
chennai real estate
chennai infrastructure
Latest Answer: Hi all, southern part of chennai get better apprication over last few yrs and ECR, Acharapakkam, Maraimalainagar, Singaperumal koil is seen as one of the top location in this corridor and one should look in this area while investing in project over chennai.
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Chennai Corporation is taking initiatives make city infrastructure more accessiable for people with physical disabilites

chennai government
chennai corporation
chennai metropolitan development authority
chennai real estate news
chennai real estate
chennai infrastructure
Latest Answer: Hi Priya, To make some new changes in city infrastructures & to provide best assistance to physically handicapped people , Chennai corporation has taken this step. Chennai Corporation will direct private buildings without disabled-friendly infrastructure to make necessary modifications. Corporation focus will mostly be on private buildings that are used as public premises. Until now, the civic body had been taking measures to regulate only public buildings.
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