Bangalore
  • Bangalore
  • Mumbai
  • Delhi
  • Pune
  • Chennai
  • Hyderabad
  • Kolkata
  • Ahmedabad

Aftermath of Porur’s tragedy: A brief report

antone

che2_1_0_0_0_0After the collapse of the twelve storey building in Porur, Chennai; Many doubts and questions has lingered in the home buyers’ minds. As the debris were cleared and the reason for the collapse has been found to be the lack of proper structural engineering, these tragic accidents pulls down the market sentiments of people down towards purchasing apartments and inhibits the demand in realty market.

In spite of several approvals and soil tests approved by the government, these accidents make people lose the trust over developers and the whole building approval system the government has at present. Every home buyer’s concern now is how to ensure the quality of the building before purchasing it. Experts say a deep analysis of the data over distribution of load and soil quality has to be made before laying the foundation for the building.

Another concern for any typical home buyer is how to ensure the financial protection of a under construction building he purchased. A major chunk of these developers doesn’t insure their buildings to avoid the additional costs they may incur. Since fire and earthquake insurance doesn’t cover for faulty construction and under construction projects, the home buyers are left hopeless without any help financially.

There is still a solution for home buyer who is caught in this situation. Provided that the undivided share of land on which the building was constructed is registered in the name of an individual buyer, the owners can fight against the developers and the government agencies. Yet, due to the flaws in our system, this might take forever to get a positive verdict.

The government has taken its own steps to ensure the safety of  completed and under construction buildings. As their first move nineteen teams has been constituted by the Chennai metropolitan development authority to inspect over 700 apartment projects that are still under construction. These teams are set to look for any deviations on structural engineering and violations of building plans.

The fear of accidents has crept into the minds of everyone and only our government can redeem us from it by proposing stringent laws and enforcing them. Unless our government takes any measure the everlasting fear and insecurity will grasp every individual who thinks about buying an apartment.

Source: Business Line, The Hindu

Economic times, The time of India

Tags : Aftermath of Porur’s tragedy Chennai Metropolitan Development Authority demand in realty market home buyer Home buyers Properties Flats for sale in Porur property in chennai

Related Articles

How to Choose the Right Service Apartment for a Long-Term Stay

service apartments near me
Amrish Kishore

When planning an extended stay in a new city, whether for work, relocation, or leisure, service apartments offer the perfect blend of home-like comfort and hotel-like convenience. Unlike traditional rentals, service apartments come fully furnished with essential amenities and flexible lease terms, making them ideal for long-term accommodation needs. Understanding Service Apartments: Beyond Traditional Rentals […]

Top Localities for Ready Possession Apartments Near You

ready to move apartments hyderabad
Amrish Kishore

Finding a ready-to-move apartment in Hyderabad can be a game-changer for homebuyers who don’t want to wait through lengthy construction timelines. The city’s real estate market offers numerous options across diverse localities, each with its unique advantages. Why Choose Ready-to-Move Apartments in Hyderabad? Ready possession apartments in Hyderabad eliminate the uncertainty and delays associated with […]

Top Localities for Ready-to-Move Apartments in Hyderabad in 2025

ready to move apartments hyderabad
Amrish Kishore

Hyderabad’s real estate market continues to evolve rapidly, offering excellent opportunities for homebuyers seeking immediate possession properties. As we move into 2025, the Pearl City presents an impressive array of ready-to-move apartments across diverse neighborhoods, each with its unique appeal and advantages. Whether you’re a tech professional looking to minimize commute time, a family prioritizing […]

A Neighbourhood-Wise Guide to Ready Apartments in Chennai

ready to move apartments chennai
Amrish Kishore

Chennai’s real estate landscape offers a diverse array of ready-to-move-in apartments across its vibrant neighbourhoods. Whether you’re a first-time homebuyer, an upgrader, or an investor, the city presents numerous options tailored to different lifestyles and budgets. Why Choose Ready-to-Move Apartments in Chennai? Ready-to-move apartments in chennai eliminate the uncertainty and delays associated with under-construction properties. […]

Trending Article

Top Localities for Ready-to-Move Apartments in Bangalore in 2025

Posted on July 25, 2025 By Amrish Kishore

How to Choose the Right Service Apartment for a Long-Term Stay

Posted on August 4, 2025 By Amrish Kishore

Top Localities for Ready Possession Apartments Near You

Posted on August 4, 2025 By Amrish Kishore

Top Localities for Ready-to-Move Apartments in Hyderabad in 2025

Posted on July 25, 2025 By Amrish Kishore

A Neighbourhood-Wise Guide to Ready Apartments in Chennai

Posted on July 25, 2025 By Amrish Kishore

Latest Properties - Flats

Latest Properties - Villas

Luxury Properties

Sell your property 3x faster

POST FREE AD

Log in to your account
Thank You!

Your details has been submitted successfully.