Chennai

Latest News and Stories related to Chennai

Indian cities top the ‘lowest office occupancy cost’ : survey

Thursday, May 24th, 2012

In a report by a global property consultancy firm it is came to know that Hyderabad, Chennai and Pune are among the top five cities in the world with the lowest office occupancy cost. Total occupancy cost includes real estate price, infrastructure and efficiency of buildings. Costs have come down in these three cities because [...]

Tata Realty to focus on Hospitality

Monday, May 14th, 2012

Tata Realty and Infrastructure Ltd (TRIL), a pioneer in Indian real estate is now focusing on developing hospitality and senior living projects. In context with the same, TRIL Infopark Ltd experts say that their company has plans for launching similar projects at Hyderabad , Chennai and Bangalore. The first project will be launched in Chennai at [...]

Godrej Properties concentrating on redevelopment segment

Tuesday, May 8th, 2012

At present, redevelopment of properties is the “in thing” in real estate sector. One of the top realty player, Godrej Properties has planned to expand its project portfolio in the redevelopment segment. In context with same GPL Managing Director and CEO Pirjsha Godrej says, that in order to increase the availability of housing in Mumbai, [...]

Real Estate in South Indian Cities

Tuesday, May 8th, 2012

Are south Indian cities famous for real estate in India? This is the only question that is left unanswered in Indian realty. The southern regions in India since long time has been showing silent progress in building and strengthening its real estate development. Indian cities such as Chennai, Hyderabad and Bangalore have attained a firm [...]

Hiranandani big property launches in Bangalore and Chennai

Friday, May 4th, 2012

The well known real estate developer House of Hiranandani having a land parcel of 140 acres in Bangalore and 110 acres in Chennai is right now planning to develop property. The Hiranandani top company executive say that they are planning to develop property understanding the property buyer’s preferences. The director at House of Hiranandani say [...]

Unsold homes in Indian cities increasing!

Thursday, May 3rd, 2012

The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...]

Navin Housing launch their 100th residential project

Thursday, May 3rd, 2012

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 [...]

TNHB apartment balcony wall collapse!

Thursday, May 3rd, 2012

The balcony wall collapse news at apartment in Chennai comes as a shocking news for the whole city. The balcony collapsed at Tamil Nadu Housing Board (TNHB) apartment complex in Manali New Town crashed a women to death leaving women and her children injured badly. The sources say that these apartments were constructed during year [...]

Demand for resale properties in Chennai

Wednesday, May 2nd, 2012

The resale real estate market in Chennai is showing improving signs. Midst the rising property price and affordable range apartments in Chennai, the property resale market is hot and happening now! This was discussed in a two-day event for resale homes sponsored for the first time by HDFC in Chennai. HDFC, leading banking sector is [...]

A roundup on prices of properties across India

Wednesday, May 2nd, 2012

The prices of properties across India is increasing. Mumbai, Chennai, Delhi and other metros in India has set a record for high real estate prices. However, when compared to a decade old real estate scenario, properties in India have become much affordable today. According to real estate experts the monthly rentals in Mumbai ranges between [...]