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properties for sale in chennai

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Infrastructure and amenities charges levy on builders upheld by HC

Chennai: The state government’s user-pay policy of levying infrastructure and amenities (I&A) charges on developers and builders who develop commercial and residential structures recently received the approval of Madras high court. The levy, which at first amounted to around Rs 100 per square feet of built up area in the case of newly constructed multi-storeyed buildings […]

Trimulgherry

Chennai real estate gains compared to other markets

Chennai: A hypothetical potential investor of Mumbai possessing a kitty of around Rs 100 crore and a desire to invest it somewhere, is left with option of only real estate as the present scenario rules out the stock market as well as gold. However, leading wealth and portfolio managers are increasingly advising their clients to invest […]

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