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Ambattur

Improvement needed in residential facilities

Improvement needed in residential facilities
The Ambattur micro market house which is situated in the north-west of Chennai has a number of small scale units and manufacturing facilities. The Ambattur industrial estate consists of many units. The units include textile, chemical and automobile companies. This is one of the chief industrial belts in the city that houses so many manufacturing [...] Continue Reading »

Chennai witnesses swift rise in budget housing

Chennai witnesses swift rise in budget housing
Chennai- With increasing demand for budget housing, developers in Chennai have been focusing on developing budget homes. The government has also directed that a certain section of apartments should be allotted for the economic weaker section (EWS). Recently, real estate developer Akshaya launched its project ‘TODAY’, aimed towards the EWS category, at Thaiyur on the [...] Continue Reading »

Chennai Corporation to find 360 new parking lots

Chennai Corporation to find 360 new parking lots
Chennai- Traffic police of Chennai have suggested the Chennai Corporation to spot out parking places in important areas of the city to facilitate in putting an end to illegal parking. Around 360 parking lots in 11 different zones have been chosen for the purpose. According to sources, the corporation has planned to carry out a [...] Continue Reading »

‘Housing demand in Chennai remains stable’

‘Housing demand in Chennai remains stable’
Property consultants Jones Lang LaSalle reported that the demand for residential units in and around Chennai has remained stable in the third quarter of current year. Around 5,600 units have been absorbed in the quarter when compared to some 5,550 units in April-June 2012 quarter. The growth corridors like OMR and GST have continued to remain [...] Continue Reading »

Investment in commercial property is better

Investment in commercial property is better
According to real estate market experts, commercial investment is better than investment in to residential properties in India. As investors can get stable and secured rental returns from a commercial investment in a premium location. Even if, anyone invests higher for a good location and good development today, in the long run, it will pay [...] Continue Reading »

Construction of Mega City in Chennai stopped due to burglary

Construction of Mega City in Chennai stopped due to burglary
The builders, developing the mega city in Chennai are struggling to prevent the burglary of construction material from the work site. As a result, the builders are not showing interest to participate  in the technical bid for the township projects by the Chennai Corporation. According to corporation officials, small contractors are spreading rumors of possible [...] Continue Reading »



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