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Chennai real estate faced intense challenges in year 2014.
Q: Year 2014 was noisy for chennai real estate market with declining sales & high inventory levels as well as piled up debt.

property investment
buying property in chennai
investment advice chennai
investment destination
chennai real estate
cmrl
infrastructure and construction
chennai infrastructure
Latest Answer: Hi, According to me, on the retailing sector, malls which are witnessing declining revenues are in for a bonanza. With 100 per cent FDI being permitted in completed projects for operation and management of malls/ shopping complexes, some of these strata title malls could have a better future .The participation of mall management companies will streamline mall operations to a great extent.
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Chennai Metro authority is planning to provide shopping & entertainment facilitie in five upcoming metro stations.

chennai metro rail project
cmrl
upcoming metro
metro line
new metro connection
arumbakkam
cmbt
ashok nagar
chennai infrstructure
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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To reduce traffic CMRL has planned to tiden 14 roads near Chennai Metro Stations.

chennai metro station
chennai corporation
chennai metro rail project
infrastructure development
cmda
cmrl
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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