Residential project in Chennai
The Tata Housing says that they were planning to invest Rs 700 crore to develop a new residential housing project in Chennai The planning to construct 1,600 flats in this project which is spread over 15 acres. The Tata Housing says that its subsidiary Tata Value Homes would develop this affordable housing project under the [...] Continue Reading »
The Essel Group has launched its real estate private equity fund of Rs 500 crore as a part of its asset management foray. It is a $4-billion company which is owned by Subhash Chandra. This amount will be invested in residential projects in large cities across the country. It has an option to have additional [...] 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 »
A complaint filed by DGCOM Buyers and Owners Association against Delhi-based leading realtor DLF, alleging market power exploitation, has been declined by the Competition Commission of India (CCI). The Chennai-based association had filed a petition with CCI claiming that DLF has misused its dominant market position relating to a residential project in Chennai. The petition [...] Continue Reading »
Chennai-based VGN Developers has tied up with a foreign private equity fund, Pragnya PE Fund to launch a residential project in Chennai. Both entities have floated VGN Pragnya Realty Pvt Ltd to develop a 5.6-acre residential project, VGN Hazel, near Poonamallee, a suburb about 25 km to the west of Chennai. The residential project will [...] Continue Reading »
Navin Housing, a Chennai based leading property developer who is giving excellent realty projects in Chennai, recently announced their 100th project. Navin Housing’s 100th realty project is at Porur-Kundrathur Main Road in the western suburb of Chennai. This is a residential project comprising of ground plus eight floors, 80 apartments with two and three BHK [...] Continue Reading »
