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Real Estate Forum on Real estate News in Chennai

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Q: What is the Impact of Residential Sector after COVID Pandemic
Latest Answer: 1. Site visits to drop, impacting sales numbers. 2. Project deadlines to extend, pushing completion further owing to shortage of labor and liquidity challenges 3. Overall cost of project to increase amid delays and supply constraints. 4. Inventory levels to increase, intensifying pressure on builders. 5. Prices might move slightly upwards despite the slow demand owing to increase in overheads and delays 6. Home loan interest rates to fall after repo rate cut to 4%. 7. NRI investment in real estate may improve amid rupee fall. 8. Domestic demand to fall in short term owing to shift in expenditure priorities 9. Cases of builder insolvency might increase as liquidity situations worsen.
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Q: What are benefits of mixed use development?
Latest Answer: A mixed-use development is a real estate project with planned integration of some combination of retail, office, residential, hotel, recreation or other functions. It is pedestrian-oriented and contains elements of a live work play environment. The benefits of mixed-use buildings and properties include the following, 1.Mixed use developments tend to provide integrated set of products from real estate perspective which tend to self-sustain in mutual relationship 2.It maximizes space usage, has amenities and architectural expression and tends to mitigate traffic and sprawl. 3.Creating pedestrian-friendly environments thanks to the short distances between living, work, commercial and recreational destinations. 4.Stimulating more variety in the design of and options for single and multifamily housing. 5.Encouraging development within dense, more compact areas of land. 6.Such developments tend be more sustainable as compared to other exclusive asset classes.
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Q: Buying or selling a property is one of the largest transactions that you will ever make in your life time, so wrapping yourself with the correct person to aid you is important. Most of us, select a real estate agent based on a suggestion from a friend or relations. This is not a mistake, and it is also certainly not an awful idea to start, but you should also do a bit of your own research to make sure you that you end up in choosing the right real estate agent for you and your requirements. Whether you are buying or selling a property, here I have listed some factors that might help you to find out the best real estate agents. so what are factor are need to find best real estate agent
Latest Answer: Real estate companies have well trained Real estate agents, they have vast experience to deal with the process of concluding the deals..In chennai Hanu Reddy Realty have well trained real estate agents are there you may find in google search as Chennai Realtos or Chennai Real Estate Agents.
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Q: In India, real estate organization using various tactics promote them properties. which marketing tactics is the best to reach audience. is really traditional marketing help to identity the audience?. because marketing tactics only immensely help to promote our product. so which marketing tactics appropriate for real estate industry
Latest Answer: 1. You ca sell your property by listing your property with 99 Acres, Magic Bricks, Makaan.com, etc. 2. Contact Property Dealer 3. Self Network
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Latest Answer: Yes, apart from that, the locality of Siruseri has close proximity to Chennai International Airport, Chennai Central Railway Station along with biggest IT Park of the city SIPCOT have been a plus point for the locality, driving residential demand and development around the locality. As a result, a large number of workforce, working in those IT parks and industries, want to have their residence close to their workplace. All the daily basic necessities are within 1-2 km distance.
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Latest Answer: 1. For Non High Rise Buildings having height up to 18.3 M can have a maximum FSI of 2.0 with following conditions a) With Dwelling units greater than 16 Nos or exceeds commercial building of 300 Sqm i. Road width to be greater than 9.0 M ii. Setbacks are as prescribed basis the building height a) With Dwelling units less than 16nos or Commercial building less than 300 Sqm i. Minimum road width is 3.0 M ii. Maximum no of units are linked with the road width iii. Set-backs and building height are linked with the road width 2. For High Rise Buildings exceeding 18.3 M the FSI again depends upon the road width and is as i. FSI of 2.0 for Road width 12.0 M or more ii. FSI of 2.5 for Road width 15.0 M or more iii. FSI of 3.25 for road width 18.0 M or more iv. Setbacks are as prescribed basis the building height 3. For above details and more like Premium FSI, FSI for other constructions e.g. hospitals, IT, malls etc. may kindly refer the TNCDBR,2019, latest issued building ru
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Latest Answer: What is the size of the plot and how much is the price you are quoting? Also let me know where exactly is the plot located?
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Q: When was the second stretch of the Metro Rail service inaugurated? Which localities and how distance second phase going to cover?
Latest Answer: Yes of course, metro is definitely going to benefit the real estate market for at least those areas metro passing through :) :)
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