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Chennai

Chennai’s new monorail plan to cost more

Chennai’s new monorail plan to cost more
The Tamil Nadu Government has started its wishful Monorail Mass Rapid Transit System (monorail) for Chennai with a revisionist pathway plan at a flabbily higher cost per km than planned earlier. 20.68-km monorail from Poonamallee to Kathipara with a link from Porur to Vadaplani costing Rs. 3,235 crore will be provided to private companies on [...] Continue Reading »

Tamil Nadu’s realty registers 11% growth

Tamil Nadu’s realty registers 11% growth
Chennai: During the last fiscal, real estate purchases in the city had fallen by 23.54%. However, property registration within the state appears to be mangling its way back after the slump. The period from April to May of 2013, recorded an impressive 11% growth in registrations. Real estate guideline values were sharply raised by the [...] Continue Reading »

Red Hills: An emerging locality

Red Hills: An emerging locality
Chennai is the fourth most populous metropolitan city in India. The city houses numerous industries which include automobile, hardware, healthcare industries, information technology, etc. The amalgamation of infrastructural betterment, reforms in Government policies and other supportive factors have translated into the expansion of Chennai’s real estate sector. In spite of the rampant economic deceleration, the [...] Continue Reading »

Chennai’s premium residential area – Adyar

Chennai’s premium residential area – Adyar
Real estate potential of Adyar has been appreciating owing to its affordable prices, sound infrastructure and proximity to Tharamani, Besant Nagar and Guindy. For those who cannot afford to invest in the central areas of Chennai like Anna Nagar, Kilpauk, Puruswalkam, etc Adyar is a good choice. The large neighborhood of Adyar is situated towards [...] Continue Reading »

Sriperumbudur in Chennai: A growing real estate destination

Sriperumbudur in Chennai: A growing real estate destination
Chennai- Located at south-west of the city of Chennai, Sriperumbudur is primarily an industrial area. The area is witnessing huge investments due to infrastructure growth, proximity to Chennai port, establishment of STPIs and SEZs and availability of good manpower. Industrial development Companies which have turned this Chennai suburban town into a large scale industrial hub [...] Continue Reading »

Vadapalani’s Contribution To Chennai’s Retail Space.

Vadapalani’s Contribution To Chennai’s Retail Space.
Chennai- High streets as a retail format formed the first wave of retail revolution in Chennai. With increasing globalization and cross cultural migration from within India owing to rapid expansion of businesses across regions and territories, the consumption pattern of the city’s working class went through significant metamorphosis. With the changing consumer landscape of the [...] Continue Reading »

Homes in Suburban Chennai turn costlier with growth.

Homes in Suburban Chennai turn costlier with growth.
Within the past two years a significant rise in land prices and escalating cost of construction have seen property prices in most city suburbs appreciate by over Rs. 1,000 per square feet. A study comparing six analogous residential localities on the outskirts of Chennai reveal that the prices have gone up by to almost 75% [...] Continue Reading »

GST road: SEZ corridor of Chennai

GST road: SEZ corridor of Chennai
Chennai- The Grand Southern Trunk (GST) road or National Highway 45 (NH-45) in South Chennai is a 472 km stretch which is evolving into a prime realty market. It has gained popularity due to integrated developments, SEZs and good connectivity to other parts of the city. Overview GST road starts from Kathipara junction in Guindy [...] Continue Reading »

Porur: Emerging real estate destination

Porur: Emerging real estate destination
Chennai- Porur is a popular and is one of the fastest growing suburbs of Chennai. It is emerging as a major realty destination along western region. It was included in the Chennai Corporation in 2011. Good connectivity Porur offers good connectivity to Valsaravakkam and Virgumvakkam through 200 ft wide road. It is in close proximity [...] Continue Reading »

ECR: A luxury residential hub

ECR: A luxury residential hub
Chennai- The East Coast Road (ECR) in Chennai continues to witness development of premium and luxury projects which is serving the needs of High Net Worth (HNW) segment. In past twelve months, the region has reported price appreciation of around 10 percent. There is an inherent demand of sea facing properties and independent bungalows. Geographical [...] Continue Reading »



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