Housing projects in Chennai
Modi’s housing for all agenda had a positive impact on the residential realty segment and everyone is bee lining towards that sector. Blackstone the US private equity (PE) firm, one of the largest investors in commercial properties, is set to step up presence in the residential segment. The PE giant has resolved to invest about Rs 1,000 [...] Continue Reading »
There is a good surge in demand for commercial and residential properties in Chennai. This is clearly evident with the decision taken by Blackstone Group Lp to invest Rs 175 crore in a housing project in Chennai after making several investments in rent-yielding commercial assets earlier. Bangalore-based Ozone Group is developing the mixed-use (Residential, Commercial [...] Continue Reading »
Hines India Real Estate Pvt. Ltd, the local unit of a US-based realty firm, plans to invest into residential development projects in India and warehousing and logistics sector. Hines has built many landmark towers such as the Bank of America Center in Houston and the EDF Tower in Paris. In 2007, Hines set up a [...] Continue Reading »
With the water demand in Chennai expected to shoot up to 2,248 million litres per day (MLD) by 2026 and rapid depletion of groundwater, the city has to find ways to make the best use of available water. A number of housing projects in Chennai are installing centralized Reverse Osmosis plants for pure water. Some [...] Continue Reading »
