Building sealed in Chennai
Feb 17, 2014
Source : The Hindu

 

CHENNAI: Officials of Chennai Metropolitan Development Authority on Friday sealed a building that was constructed without applications for planning permission.

A note from CMDA said the owner had constructed basement, a ground floor and three additional floors in total violation of norms. Despite a stop work notice issued in November, the owner went ahead and completed the building.

Latest Realty News

CMDA Officals use Red Tape and Lapses as Anti-Graft Safety?
Feb 17, 2014
CHENNAI: Illegal construction in Chennai has been thriving due to corrupt Chennai Metropolitan Development Authority (CMDA) officials who allegedly have links to real estate agencies in different guises.
Will Illegal-Building-Infested T Nagar get 'Commercial' Escape?
Feb 17, 2014
CHENNAI: Chennai Metropolitan Development Authority is facing a hamletian dilemma on whether to act against illegal buildings or frame appropriate rules and guidelines after the High Court quashed two Government Orders (GO) that allowed regularisation of illegal buildings built till July 1, 2007.
Ashok Leyland to sell prime property in Chennai
Feb 14, 2014
CHENNAI: Commercial vehicle manufacturer Ashok Leyland is selling off it prime property here, according to reliable sources.
Your Dream Home May Get Dearer
Feb 12, 2014
CHENNAI: Now flats in Chennai are likely to become a tad more costly since the Chennai Metropolitan Development Authority (CMDA) has decided to charge four times the previous security deposit from the builder while issuing planning permission.
Vijay Mahtaney looks for a buyer for the super pricey Boat Club property
Feb 12, 2014
CHENNAI: Businessman Vijay Mahtaney is looking for a buyer for his over nine grounds (one ground is 2,400 sq ft) of property in Chennai's Boat Club area, its most expensive address, in what could possibly lead to one of the priciest residential realty deals in the city in recent times.
Chennai: 60% of big properties remain undervalued
Feb 12, 2014
CHENNAI: Corporation of Chennai has been losing crores of rupees due to its failure to revise itsproperty tax structure since 1998 and massive undervaluation of properties by owners.
Deccan Chronicle: Lenders with low exposure seek faster action
Jan 31, 2014
CHENNAI: While big lenders to the debt-ridden Deccan Chronicle Holdings Ltd (DCHL) are keeping their fingers crossed, a few banks that have relatively low exposure seem to be moving fast to secure their loans.
Landmark hotel to make way for apartments
Jan 30, 2014
CHENNAI: The hospitality sector in Chennai is going through rough weather with many a hotel being put on the block for want of patronage. In less than a year, the city is all set to lose its third hotel to real estate promoters.
Housing market set for positive growth in city’
Jan 29, 2014
TIRUCHI: Although the economic slowdown has resulted in poor demand for housing properties in the city last year, there are signs that the market is on the road to revival, say members of the Tiruchi chapter of Confederation of Real Estate Developers (CREDAI).
CMDA set to hike security deposit for buildings
Jan 23, 2014
CHENNAI: Chennai Metropolitan Development Authority (CMDA) is all set to increase fourfold the security deposit for construction of buildings.

Latest Realty News Of State

Realty Talk's