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There has been a rapid growth in South Chennai real estate.

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chennai metropolitan development authority
chennai civic issues
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chennai real estate market growth
Latest Answer: Hi Guys, I am planning to invest some money in a residential project in Selaiyur area . I want to know the current market condition of this locality. Is Selaiyur showing any improvement recently ?
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Is Perungalathur area worth of investment?
Q: I have some fund to invest in real estate market. I am keen to know how has the price appreciation been in the last two years?

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chennai metropolitan development authority
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monorail project in chennai
perungalathur property market
Latest Answer: Hi, I world like to invest in a property located within 10km from my workplace. I prefer Perungalathur as it suits,my budget of Rs 30 lakh.but I world like to know more about this area?
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Chennai Locality Review Locality Review in Chennai
Is chennai an unsmart city? Cities likely to compete for the tag based on past performance,Chennai's track record is bad
Q: The city needs a Chief Technology Officer like in London or Singapore, who can come in and review government processes.

smart city
chennai metro rail project
chennai metropolitan development authority
chennai civic issues
chennai infrastructure
gps in bus
app for metro rail
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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The number of housing units added to the city in 2014 was around 20,000. The actual absorption was much lower.

delay in delivery
long term investment
construction quality problems
tnhb
chennai corporation
chennai real estate
chennai metropolitan development authority
invest in high rise building
investment in chennai
infrastructural development in chennai
Latest Answer: Hi Priya, An accident that resulted in the loss of many lives, hike in the cost of construction material, a conservative approach to buying property, and delay in handing over new homes were some of the major occurrences in the construction industry in Chennai, this year. The collapse of an 11-storey building in Moulivakkam on June 28 shook not just Chennai, but the housing sector in the entire country, leading to calls for urgent and sweeping reforms on monitoring of construction activity.
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Funding for key infrastructure projects will be mobilised via municipal bonds floated by the Corporation.

chennai corporation
chennai corporation budget
infrastructural developments
chennai metropolitan development authority
chennai real estate news
infrastructure and construction
chennai infrastructure
Latest Answer: Hi Tilak, As per my knowledge, the civic body will issue the bonds during the next financial year to meet the rising expenses for infrastructure. The Corporation is unable to mobilize funds for massive infrastructure projects because of under-assessment of property tax. Councilors stressed the need for preventing this.
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Tambaram west witnessrise in capital value in the recent quarters.
Q: Tambaram west is still riding high in the real estate market with respect to demand , supply & capital values in the area .

real estate news
capital value
infrastructure development
chennai metropolitan development authority
chennai real estate news
chennai real estate investment
civic infrastructure
Latest Answer: Hi Guys, According to me, Tambaram West features several shopping centers, retail stores and day to day convenience stores. Several banks are also present such as Axis, ICICI, SBI, Indian Bank and Indian Overseas Bank. The Vandaloor-Nemilichery Outer Ring Road connects the locality with different districts such as Madhana Puram, Lakshmi Nagar, Old Perungalathur, Krishna Nagar, Mudichur and Bharathi Nagar. Tambaram railway station is at a distance of 3.5 km from Tambaram West and 10-11 km from Chennai Airport via the Velachery–Tambaram High Road.
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Adyar, T Nagar & Nungambakkam areas are gaining popularity among end users & investors.
Q: Now a days rental market & Corporate leasing are good in these areas.

rental and selling
chennai real estate
buying property in chennai
investment advice chennai
chennai metropolitan development authority
infrastructure and construction
chennai infrastructure
Latest Answer: Hi Guys, Consider Nungambakkam, where a 2BHK unit spread within 1300 sq ft costs between Rs 1-1.5 crore. However, rents are attractive considering that flats within 1300 sq ft can get as much as Rs 45,000 per month. Larger configurations (4BHK of 4000 sq ft) means you can earn close to Rs 3 lakh per month as rental returns. When the Mount Road metro becomes operational, values are expected to rise further and so will the popularity of the place.
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Luxury project buyers number is increaing in Chennai.
Q: What are the reasons behind the hike in luxury project buyers in Chennai? Why now?

investment destination
chennai metropolitan development authority
chennai real estate
chennai infrastructure
chennai real estate investment
chennai luxury projects
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developed infrastructure
Latest Answer: Hi Priya, The three key growth drivers of IT / ITes, automobile manufacturing and education sector are instrumental in driving job creation in Chennai. These are the major reasons behind growing cosmopolitan culture in Chennai. With this the premium luxury segment has kicked off and Chennai has overcome the traditional tag.
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Why Thoraipakkam is one of the preferred residential location in Chennai ? Why not Velachery?

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thoraipakkam
infrastructure and construction
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chennai orr
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velachery
Latest Answer: Hi , both location have its own identities, Velachery is covered with IT companies so the demand and price is high these day and area got good appreciation now most of the builder/ investor is looking for open space so that why he preferred Thoraipakkam as next housing destination.
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Chennai Corporation is taking initiatives make city infrastructure more accessiable for people with physical disabilites

chennai government
chennai corporation
chennai metropolitan development authority
chennai real estate news
chennai real estate
chennai infrastructure
Latest Answer: Hi Priya, To make some new changes in city infrastructures & to provide best assistance to physically handicapped people , Chennai corporation has taken this step. Chennai Corporation will direct private buildings without disabled-friendly infrastructure to make necessary modifications. Corporation focus will mostly be on private buildings that are used as public premises. Until now, the civic body had been taking measures to regulate only public buildings.
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