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Chennai

Vasavi Ingai in Poonamallee‎ Chennai

Vasavi Ingai in Poonamallee‎ Chennai
Vasavi Housing & Infrastructure Limited, a Chennai based Property Development entity, launched its mega project Vasavi Ingai in Poonamallee Chennai‎, a western suburb of Chennai. Spread across 6.5 Acres (approx), the project will consists 412 residential apartments in 5 blocks a mix of 2BHK, 2BHK + Study Room, 3 BHK range between 552 sq ft [...] Continue Reading »

Bengaluru realtors taking steps for better growth

Bengaluru realtors taking steps for better growth
The real estate companies based around Bangalore namely Puravankara, Prestige and many other are planning to set foot in other cities such as Mumbai or Pune and rule over other southern cities as well, including Mangalore, Hyderabad or Chennai for further growth. Prestige undertakes about 85% of the major projects of Bangalore in expecting a [...] Continue Reading »

Chennai clampdown made them blame CREDAI

Chennai clampdown made them blame CREDAI
Chennai Metropolitan Development Authority close scrutiny of building plans and completion certificates has hit affordable housing projects in the city. The clampdown followed the collapse of an under construction 11-storey building in Chennai’s Moulivakkam area in which more than 60 people were killed. It is indeed a knee jerk reaction by the planning authority said [...] Continue Reading »

Land acquisition for Chennai Metro extension may begin in December

Land acquisition for Chennai Metro extension may begin in December
With the Centre’s requisite approval to the Phase-I extension of the Chennai Metro Rail expected in the near future, the land acquisition process for the Metro extension project will likely be commenced by the Chennai Metro Rail Limited in the coming months. The Phase-I extension of Chennai Metro Rail involves a 9-km stretch between Washermanpet [...] Continue Reading »

Roads in the city of Chennai to meet reconstruction

Roads in the city of Chennai to meet reconstruction
Almost all roads in the city, including arterial stretches such as Poonamallee High Road and bus route roads in areas like Nungambakkam and Kodambakkam, could be re-laid with concrete in two years if things go according to the corporation’s plan. The mayor and a team of engineers will meet on Tuesday to discuss the project [...] Continue Reading »

Bids invited for feasibility study of 40-km Chennai-Chengalpattu elevated corridor

Bids invited for feasibility study of 40-km Chennai-Chengalpattu elevated corridor
The construction of a 40-km elevated corridor is being considered by the Chennai Metropolitan Development Authority. The corridor has been planned from Chennai to Chengalpattu along the GST Road. Specifically speaking, the 40-km stretch of the elevated road will be constructed along the Chennai Airport on the city’s outskirts to the toll plaza near Chengalpattu [...] Continue Reading »

Amma theatres to come up in Chennai

Amma theatres to come up in Chennai
Within the end of the year, you might find yourself walking into one of the now unused buildings in your neighbourhood to watch a movie. The Corporation officials have identified land and buildings in several neighbourhoods to set up air-conditioned Amma theatres that will offer tickets at less than 25 which are very cheap as [...] Continue Reading »

Chennai: Collapsed Prime Sristi’s flat buyers form association

Chennai: Collapsed Prime Sristi’s flat buyers form association
With the Prime Sristi multi-storey residential project at Moulivakkam – on the western outskirts of Chennai – having collapsed last month, more than 55 flat buyers have come together to form the ‘Moulivakkam Trust Heights Affected Flat Buyers Association,’ in an attempt to get their money back. The Prime Sristi project was to comprise two [...] Continue Reading »

Chennai tops the rising chart of property prices

Chennai tops the rising chart of property prices
The third highest increase in property has been observed in Mumbai in comparison to the other major cities over the past seven years. The rise in property is around 129 percent since 2007. Chennai has topped the chart with a 249 percent hike. The other cities that made to the list with an over 100 [...] Continue Reading »

Rise is office space absorption: corporates looking at expansion plans

Rise is office space absorption: corporates looking at expansion plans
There is some good news for the commercial real estate developers as the office space absorption rose by 16 % during the first six months of this year. The property consultant Cushman & Wakefield (C & W) in a report mentioned that about 13.4 million square feet of office space in eight major cities were [...] Continue Reading »



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