real estate trends in chennai

Salient Features: Out of the top 5 rental markets based on availability and rental yield, maximum were skewed towards the southern part while remaining in the western part of the city. Demand in localities such as Chromepet, Velachery and Old Mahabalipuram Road (OMR) is mainly influenced by the IT/ITeS professionals who prefer to live close […]

Chennai: Prime property worth around Rs. 50 crore was recently retrieved by the Tamil Nadu Housing Board (TNHB) in Adyar, recently. Sixteen shops along with a house were pulled down during the encroachment removal drive, undertaken by the TNHB. For more than over thirty years, the 12.5 grounds of land situated at 2nd Avenue of Indira […]