Tamil Nadu
The Confederation of Real Estate Developers’ Association of India, (CREDAI) Tamil Nadu will be showcasing “FAIRPRO” a annual property exhibition. Around 65 realty builders will be showcasing nearly 250 projects with the prices ranging from Rs 10 lakh to Rs 10 crore. The FAIRPRO show will be from February 17 to 19 held at Chennai [...] Continue Reading »
Tamil Nadu as such is very much improved in many sectors but the state government has decided to initiate an ‘Integrated Urban Development Scheme’ for its betterment. The government have decided to take care of basic infrastructure, roads, drinking and sewage water, drainage and health sector under this scheme. A total of Rs. 6,653 crore [...] Continue Reading »
The Indian Real Estate Transparency Index 2011 reveals Tamil Nadu as a second transparent state in maintaining real estate transactions. According to Jones Lang LaSalle report ranking was based on the factors of progressive business environment, market information, reforms in urban local bodies and also protection of property rights. This has proved a good work [...] Continue Reading »
This news might be quiet surprising but it is true. Maharashtra has bagged the third prize with respect to showing transparency in real estate deals. First rank went to Andhra Pradesh followed by Tamil Nadu. This report was decided according to Indian Real Estate Transparency Index 2011 and presented by group effort of Jones Lang [...] Continue Reading »
More than 500 buildings with violations have been identified in Chennai and notices are served under Tamil Nadu town planning Act. Several innocent people who are ignorant of building norms and town planning rules end up buying such buildings. Flat buyers in the city should check the building norms and parking allotments, as the possibility [...] Continue Reading »
The common complaint most tenants have is being overcharged for electricity by their landlords. Though the average consumption of a household is 150 units bi-monthly, tenants are asked to give a fixed amount monthly, which varies from Rs 500 to Rs 3,000.The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a statement saying overcharging is [...] Continue Reading »
