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Chennai

Residents of Chennai set to Contest Independently in Civic Polls

Residents of Chennai set to Contest Independently in Civic Polls
In Chennai, T Nagar residents are set to nominate an independent resident candidate to contest the coming civic polls. T Nagar Residents’ Welfare Association members say the process of selecting eligible candidates will begin at the next meeting. The association feels an independent from the locality will ensure the views of residents are taken into [...] Continue Reading »

Chennai Residents to Pool Money on Developmental Issues

Chennai Residents to Pool Money on Developmental Issues
Perungudi, a town panchayat in Chennai, has over eight residential colonies such as Tirumalai Nagar, Ramappa Nagar, Church Road, Elim Nagar, CBI Colony, Rajiv Nagar, Kamaraj Nagar, Telephone Nagar and Rajalakhmi Avenue. And most are IT employees working in companies sprinkled along the OMR reside here. Ashort haul of 100 metres to the main road is [...] Continue Reading »

Bangalore Property Prices to Drop

Bangalore Property Prices to Drop
The developers in Bangalore are facing rise in costs of the properties by 10-15% by this year-end is traced to be  inevitable generally the price escalation was about 3-4% per annum. However the input costs have been rised by 7%. The average cost of construction has seen a increase by Rs 150 per sqft and [...] Continue Reading »

Reward for Apartment Communities for Segregating Waste

Reward for Apartment Communities for Segregating Waste
The Chennai Corporation has a new plan to collect non-biodegradable waste and excess manure from the apartment community. Civic body has distributed colored bins to the residents to segregate waste. The kitchen and garden waste is planned to be recycled judiciously with the implementation of this plan in the Chennai city. The apartment has set up [...] Continue Reading »

Serviced Apartments Gain Popularity

Serviced Apartments Gain Popularity
In many cases, renting and furnishing a conventional flat would be too complicated, taking a hotel room would be too expensive. Nowadays, serviced apartments are available in many major cities and in several most economically strong regions.Many companies are tying up with the owners to accommodate their employees. The serviced apartment is not only close [...] Continue Reading »

Apartments Gains Maximum Prices in Chennai

Apartments Gains Maximum Prices in Chennai
In Chennai, the apartment gains were recorded maximum in areas where the base price was low. In north Chennai, the builders are found to be hesitant to promote projects as the prices have been low drastically. The disparity between the north and south has always been in the real estate flow. There was drastic rise in prices [...] Continue Reading »

Green Buildings are Impossible

Green Buildings are Impossible
The concept of Green Buildings envision is a new approach to save water, energy and material resources in the construction and maintenance of the buildings and can reduce or eliminate the adverse impact of buildings on the environment and occupants. Getting conscious about the environment after feeling the environmental responsibilities, the way people try to [...] Continue Reading »

Time to take stock of Civic Body in Chennai

Time to take stock of Civic Body in Chennai
Chennai Corporation Council is now coming to a close as it’s a high time to check on the stock for the work done in past five years. A waiver of charges for conducting last rites in burial grounds, launch of free yoga classes in parks, removal of hoardings, improving property tax collection without increasing tax [...] Continue Reading »

20/80 Payment Scheme by Purvankara Projects

20/80 Payment Scheme by Purvankara Projects
To pay 20% of total cost of the apartment initially in Purvankara Projects and rest only at the time of possession, the realty developer has come up with a 20/80 deferred payment scheme. The interest cost on the 80% of the value of the apartment till possession will be bear by the company itself. EMIs [...] Continue Reading »

Affordable Housing in Satellite Township Plan near Chennai

Affordable Housing in Satellite Township Plan near Chennai
A new housing infrastructure is soon to be completed in Chennai. There is likely more number of housing projects yet to come into floors near Chennai City to meet the segments of the society. Ms. Jayalalitha, Chief Minister of Tamil Nadu announced that Rs, 2,160 crore has been declared as a fund for the upcoming [...] Continue Reading »



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