Chennai
The balcony wall collapse news at apartment in Chennai comes as a shocking news for the whole city. The balcony collapsed at Tamil Nadu Housing Board (TNHB) apartment complex in Manali New Town crashed a women to death leaving women and her children injured badly. The sources say that these apartments were constructed during year [...] Continue Reading »
The resale real estate market in Chennai is showing improving signs. Midst the rising property price and affordable range apartments in Chennai, the property resale market is hot and happening now! This was discussed in a two-day event for resale homes sponsored for the first time by HDFC in Chennai. HDFC, leading banking sector is [...] Continue Reading »
The private equity fund ASK Property Investment planned to raise $ 250 -300 million fund for investing into real estate in India. The company has already set up the fund raising program for $ 40 million from its Singapore subsidiary. ASK property is constantly looking for investment opportunities in the domestic real estate markets. They [...] Continue Reading »
Chennai welcomes the launch of a high-end limited unit residential apartment project at Kottivakkam on Old Mahabalipuram Road (OMR). The apartment project is named “Maplewood Premier” and will be developed by Mangal Tirth Estates. The “Maplewood Premier” offers six residential apartments each measuring 3,300 sq ft. The apartments comprise of four bedrooms, wet kitchen with [...] Continue Reading »
Attention, citizens of Chennai! The power board in Chennai has announced to suspend power supply the upcoming week. The power cuts throughout the city will be from 9am and 5pm especially during the weekend. In order to keep track of maintenance work of power supply, areas in Chennai such as Koyambedu Nagar, Srinivasa Nagar, Thiruveethi [...] Continue Reading »
The balcony of a second floor flat at the Tamil Nadu Housing Board apartment complex was collapsed in Manali New Town, Chennai. One woman was killed while three other were injured in the incident. The injured have been admitted to the Stanley Medical College Hospital. The apartment needs to be repaired for a long time, [...] Continue Reading »
Power stealing is became a practice among the real estate builders and developers in Chennai. Total 34 cases for stealing power have been registered for different property constructions in Chennai. The Revenue collection department for power also has collected Rs 3.93 crore as fine for stealing power from different builders. In 2011-12 total fine collected [...] Continue Reading »
The Madras High Court has directed the State government to take immediate action to remove trespasses on the Tiruvannamalai hill. The order was given for a petition filed against the illegal encroachments and land grabbing activity on the hill. Several lodges were constructed on the hill in the name of the temple. And to construct [...] Continue Reading »
Building or constructing a house is no big deal in India today, however the main concern lies with the safety of house. The safety of houses is right now alarming in minds of citizens in Chennai. The recent strong earthquake tremors in Chennai has raised the safety fear in citizens of Chennai. Especially, people living [...] Continue Reading »
The demand for property has been robust in Chennai in terms of commercial and residential properties. The demand for apartments in Chennai are increasing as the cost of properties are in budget range of Rs 20 lakh to Rs 40 lakh. The builders association has pointed out that there is a shortage of 24,000 homes [...] Continue Reading »
