real estate in Chennai
The Chennai Corporation has ordered the builders and the property owners not to use the public road space to store construction material for their construction work in Chennai. The corporation also ordered the engineers to take action against those who have dumped sand and other construction material on the roads. The residents also have to [...] Continue Reading »
Not only cities like Bangalore and Mumbai are facing traffic congestions, the scenario is same even at Chennai. Today, with the fast growing infrastructure and real estate in Chennai has become more congested. The citizens of Chennai are heading towards the outskirts of the city to the places like Kattankulathur and Urapakkam. Affordable prices of [...] Continue Reading »
The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year. The officials say the technical problem and the stuff crunch are main causes for the less collection of tax. Till march 31, the tax collection target [...] Continue Reading »
The real estate industry is already under tremendous pressure due to high interest rate, increasing input cost and overall low sale ratio. The new concern for the builders in metro cities are the acute shortage of labour. The real estate in Mumbai, Hyderabad, Chennai, Bangalore are hit hard by the shortage of labour. Analysts says [...] Continue Reading »
The government of Tamil Nadu announced revised floor space index (FSI) plan for the affordable housing project. The government also declared that the builders need not to pay any additional charge for construction of apartments with higher FSI. The state finance minister also announced more interest waiver on housing loans disbursed by cooperative housing societies. [...] Continue Reading »
Chennai is going to be a good choice for investment in residential properties. According to the trend of previous years it is analyzed that the price appreciation for Chennai Real estate has increased in a range of 35 to 45 percent. Saidapet, Pallavaram and velachery are three very demanding location in Chennai. The price of [...] Continue Reading »
Power supply will not be available in the following areas of Chennai on Wednesday from 9am to 5pm for maintenance work. People are requested not to worried about the same. This is due to the regular maintenance work Electricity Department. The places are Porur, Kilpauk, Radha Nagar, Kodungaiyur, Tirumangalam, Nappalayam, CIT Nagar-II, Royapettah. To discuss [...] Continue Reading »
