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Real Estate Forum on Chennai Metro Rail Project

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: The city needs a Chief Technology Officer like in London or Singapore, who can come in and review government processes.
Latest Answer: Hi , In my point of view, the government is not thinking in terms of how to make life easy for citizens. Even simple things haven’t been done. The city needs a Chief Technology Officer like in London or Singapore, who can come in and review government processes. We are not living in some primitive non-IT country. India is supposed to be the IT capital of the world. But, the government doesn’t seem to have figured any of this out.
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Latest Answer: @ Priya, Yes Mr Subramanya, I agreed with you. However, this would also have a positive impact on the residential localities in the vicinity. Authority have innumerable examples of localities witnessing a rise in values due to a new metro station. In this case, it will be a double bonus for the residents - ease of transportation as well as added shopping facility.
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Latest Answer: Hi Venu, As per my knowledge, Everyday people staying in Chennai are witnessing huge traffic in morning & evening. So Chennai Corporation has taken this initiatives to reduce the traffic flow in Chennai. Land acquired for Chennai Metro will be used for widening roads near the sites earmarked for Metro stations on the elevated line.
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Q: How is Chennai real estate behaving now a days?
Latest Answer: Hi, no dough that properties price is increasing day by day but Chennai market is known for end user market . people usually buy properties for own use not for investment. as in 2004 most of the project is unsold rather then new project launch.
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Q: Will the Chennai metro lead to a boom in the real estate prices in Chennai ?
Latest Answer: Chennai metro would lead to a boom in property prices. Anna Nagar is one such area where two metro stations are being planned and experts suggest that it would lead to a boost in the property values. Hence making it a great opportunity for people to invest in the area. Builders are looking to establish their projects in such areas as well giving you viable options to invest in. Radiance Realty has planned to establish luxurious apartments in the area. So, if you are looking to invest in such areas, you can look up Radiance Realty to see what they have to offer.
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Q: Hi..what is the status of tunnel work going on in Chennai metro..??

Latest Answer: Hi all...what about the other tunnels..?? and in how much time does Washermenpet- Mannadi tunnel was completed..??
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