Vandalur
The country’s largest manufacturer of hydraulic, industrial and automotive hoses, Polyhose India has gained 86 acre land parcel which earlier belonged to Presidency Kids Leather, nearby Chennai. Under the SARFAESI Act the land was acquired through an auction conducted by Syndicate Bank. The deal size is said to be close to Rs 100 crore, including [...] Continue Reading »
According to Cushman & Wakefield commercial real estate services firm, it is expected that after the Parliament elections the mall space in Chennai will see an improvement in momentum as there might be some policy changes on the anvil for the retailers. It added that due to external factors like current economic climate and impending [...] Continue Reading »
The Chennai Metropolitan Development Authority (CMDA) has planned to develop a satellite commercial corridor along the proposed Outer Ring Road. It is a 62-km six lane state highway connecting Vandalur in the south with Minjur in the north. CMDA also planned to appoint a consultant to evaluate the commercial potential and suggest a road map [...] Continue Reading »
