property in Chennai
An Airport Users’ Consultative Committee has been set up by the Airports Authority of India (AAI) for Chennai airport. The 12-member committee constituted will chiefly voice its opinions on Chennai Airport projects which involve an investment of Rs 50 crore or more. Unidentified sources close to the AAI have revealed that all the development projects [...] Continue Reading »
In an official news release, the Chennai Corporation has revealed that it has efforts underway to launch a fully online system to facilitate developers in getting the requisite approvals for their building plans. According to the Chennai Corporation, the introduction of the fully online system will essentially speed up the building-plan approval process by eliminating [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »
Chennai – The 10 acre plot at the Guindy Industrial Estate can now be used for residential purpose. The Chennai Metropolitan Development Authority (CMDA) has given approval to raise residential projects on this plot. This plot owned by Hindustan Teleprinters Limited (HTL) is situated off Anna Salai and complements all development parameters prescribed by the CMDA. [...] Continue Reading »
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 »
