Chennai
It is reported that the three cities of Hyderabad, Bangalore and Chennai together account for nearly 45 per cent of office space in India. It is found that the real estate development in southern part of India has set new milestones as commercial advantage of Bangalore, infrastructural progress of Hyderabad, industrial and residential highlights of [...] Continue Reading »
The Corporation of Chennai is trying to complete the storm water drain works. But the progress of the work is hampered by the unauthorized sewage lines running out of huge apartment complexes in Chennai. According to the corporation, 25 percent of the construction work has been completed. The corporation is optimistic about 80 percent work [...] Continue Reading »
The Tamil Nadu Housing Board (TNHB) has planned to adopt Public Private Partnership (PPP) model to develop real estate projects in Chennai and other areas of the state. In the first step, the state government will start its first PPP venture at K.K. Nagar after finalizing bids from private developers. The government also planned to [...] Continue Reading »
KG Foundations has launched KG Centre Point, a residential apartments complex in Chennai. This project will be constructed in 7.2 acres of area. 644 residential apartments comprising studio, 2 BHK and 3 BHK apartments will be available in this project in Chennai. The main focus of the developer is to construct affordable housing in Chennai. [...] Continue Reading »
Sewage is becoming a severe concern for the residents of various homes and apartments in Chennai. Residents of Mogappair West are affected badly as many of their stretches will be inundated with sewage water because of the absence of an underground sewage system. Residents fear that their underground water is becoming contaminated because of the [...] Continue Reading »
The Chennai Metropolitan Development Authority (CMDA) has planned to construct a two storied parking facility at Chennai Mofussil Bus Terminus as the present basement parking lot is choked in the wake of increased demand for parking of two wheelers. The proposed parking facility will be an extension of the existing parking facility that comprises two [...] Continue Reading »
The Chennai Corporation has tied up with Indian Overseas Bank, Canara Bank, ICICI Bank, IDBI Bank, HDFC bank, City Union Bank, Karur Vysya Bank and Axis Bank for collecting the property taxes in Chennai and other areas of the city. According to an authority of the Chennai Municipality, the property owners can use the net [...] Continue Reading »
The Madras High Court on Monday gave six weeks’ time to the State government to amend the Tamil Nadu Town and Country Planning Act for dealing with illegal constructions. The government has conveyed to the court its intention to amend various sections of the Act, relating to effective enforcement action and for providing solution to [...] Continue Reading »
The bore wells and pumps have gone dry in Chennai and other areas of Tamil Nadu. And the water supply to hospitals, universities, shops and residences have been cut off as almost 70% of the private and Metro water tankers have been stopped supply because of the fuel crunch. Most private water supply agencies have [...] Continue Reading »
Vision India Real Estate has planned to invest Rs 1750 crore in two different apartment projects in Chennai. The company is currently developing a 680-unit apartment project at Padur near the Old Mahabalipuram Road (OMR) in collaboration with Gem Group. Vision India has planned to launch a villa, apartment and plotted residential project on 75 [...] Continue Reading »
