Chennai
Dharani Developers Private Limited, a division of PGP Group of companies, announced the launch of its premium gated community ‘PGP Oaks’ comprising 112 luxury homes spreadover 1.20 lakh sqft area. The community will comprise of 72 two-BHK and 40 three-BHK houses. The project is expected to be completed in 18 months. PGP Oaks premium luxury [...] Continue Reading »
Harmony Eldercare in association with RVS Developers, has recently unveiled a new residential project for elderly in Chennai.The project is named Harmony Victoria, launched at Potheri, off GST Road Chennai. It comprises of 120 one BHK apartments designed to offer an array of elder care services and slated for completion by April 2017. Each apartment [...] Continue Reading »
With apartment sale in luxury and middle class segment on a decline, budget housing is the new innovation in the property market. Majority of the builders are now focusing on developing housing units in under 20 lakh price range. A new Innovation Given the decline in interest among luxury customers, builders are now focusing on [...] Continue Reading »
A dilapidated building in Kothwal Chavadi of Anderson Street collapsed partially and resulted in the death of two men on Sunday night. One of the traders of Anderson Street, B Meeran commented on the poor civic state saying that the Corporation officials decide upon taking actual action only after casualties are involved. A dilapidated building [...] Continue Reading »
Soon Chennai is going to have a new mode of transportation with the monorail project back on track! The Monorail project in Chennai has been recently approved by the Union Ministry of Urban Development with some conditions. In a Press Release issued by the ministry, it was announced that the Chennai Monorail project has been [...] Continue Reading »
Property development company VGN has announced the launch of its affordable housing project, VGN Royale, at Avadi, a western suburb of Chennai. The project will offer 1,290 residential units comprising 1 BHK and 2 BHK apartments, priced at Rs 16.8 lakh. The company has announced a launch price of Rs 2,650 per sq ft for [...] Continue Reading »
Indiabulls Distribution Services, powered by Indiabulls Securities has invested Rs. 600 Cr., in buying a huge commercial building in Chennai. This tends to be one of the remarkable property deals of South India. The complex was previously owned by a hedge fund Americorp under India Land and Properties. There are three towers of the complex, [...] Continue Reading »
In 1959, Chennai took to the skies with their 15-storied LIC building becoming the tallest building in India. Two years later, the Usha Kiran building rose to 80 meters to wrestle that title away. Now that the Chennai Metropolitan Development Authority (CMDA) has done away with the decades old 60-meter height restriction, the growth spurt [...] Continue Reading »
L&T Construction today said it has bagged orders worth Rs 2,050 crore across various business segments in August and September. Its power transmission and distribution segment bagged orders worth Rs 1,213 crore in domestic and international markets, the company said in a statement issued here. It bagged a turnkey project from the Tamil Nadu Transmission [...] Continue Reading »
One of the most prominent South Chennai locations, in terms of significant realty potential, is Chromepet — a locality which has the Grand Southern Trunk (GST) road passing through it. One of the key factors which make the Chromepet micro-market an affordable residential hotspot in South Chennai is the locality’s close proximity to IT hubs [...] Continue Reading »
