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	<title>Property News India and Featured Real Estate Stories &#187; residential properties in Chennai</title>
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		<title>Chennai has Low Demand for Office Space</title>
		<link>https://groups.commonfloor.com/news/chennai-has-low-demand-for-office-space-20231</link>
		<comments>https://groups.commonfloor.com/news/chennai-has-low-demand-for-office-space-20231#comments</comments>
		<pubDate>Fri, 11 May 2012 12:15:04 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Apartment News]]></category>
		<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Commercial Real estate]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Apartments in Chennai]]></category>
		<category><![CDATA[Chennai real estate market]]></category>
		<category><![CDATA[commercial properties in Chennai]]></category>
		<category><![CDATA[GST Road]]></category>
		<category><![CDATA[office space in Chennai]]></category>
		<category><![CDATA[Old Mahabalipuram Road]]></category>
		<category><![CDATA[Real estate market in Chennai]]></category>
		<category><![CDATA[residential market in Chennai]]></category>
		<category><![CDATA[residential properties in Chennai]]></category>

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		<description><![CDATA[The vacancy rate of the office space in the real estate market in Chennai is growing. Seeing the trend, builders are moving towards the residential space for sure returns. It is reported that more than 30 percent of the office spaces are lying vacant in the peripheral areas such as Old Mahabalipuram Road (beyond Perungudi) [...]]]></description>
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		<title>Chennai real estate market is growing</title>
		<link>https://groups.commonfloor.com/news/chennai-real-estate-market-is-growing-19113</link>
		<comments>https://groups.commonfloor.com/news/chennai-real-estate-market-is-growing-19113#comments</comments>
		<pubDate>Fri, 27 Apr 2012 09:15:07 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[commercial and residential properties]]></category>
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		<category><![CDATA[cost of properties in Chennai]]></category>
		<category><![CDATA[demand for apartments]]></category>
		<category><![CDATA[demand for apartmentsin Chennai]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[Residential properties]]></category>
		<category><![CDATA[residential properties in Chennai]]></category>

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		<description><![CDATA[The demand for property has been robust in Chennai in terms of commercial and residential properties. The demand for apartments in Chennai are increasing as the cost of properties are in budget range of Rs 20 lakh to Rs 40 lakh. The builders association has pointed out that there is a shortage of 24,000 homes [...]]]></description>
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		<title>Governmental valuation is 10-45 percent less than actual market price</title>
		<link>https://groups.commonfloor.com/news/governmental-valuation-is-10-45-percent-less-than-actual-market-price-18702</link>
		<comments>https://groups.commonfloor.com/news/governmental-valuation-is-10-45-percent-less-than-actual-market-price-18702#comments</comments>
		<pubDate>Mon, 23 Apr 2012 12:07:34 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[actual market price]]></category>
		<category><![CDATA[actual market price of apartments]]></category>
		<category><![CDATA[Apartment prices]]></category>
		<category><![CDATA[Chennai Government]]></category>
		<category><![CDATA[Cost of apartments]]></category>
		<category><![CDATA[cost of apartments in Chennai]]></category>
		<category><![CDATA[guideline value]]></category>
		<category><![CDATA[housing properties in Chennai]]></category>
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		<category><![CDATA[Real estate markets]]></category>
		<category><![CDATA[real estate markets in Chennai]]></category>
		<category><![CDATA[real estate markets in India]]></category>
		<category><![CDATA[residential properties in Chennai]]></category>
		<category><![CDATA[Service Tax]]></category>
		<category><![CDATA[value of property]]></category>

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		<description><![CDATA[The guideline value of the properties in Chennai are 10 to 45 percent less than the actual market price. After five years the Chennai government has revised the Guidelines values last year. This value is used by the government to access the value of the property for collecting the service tax. Growing demand for housing [...]]]></description>
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