Latest Realty News

Mall space in Chennai to see momentum after LS elections
Mar 26, 2014
CHENNAI: The mall space in Chennai is expected to see an improvement in momentum after the Parliament elections as there might be some policy changes on the anvil for the retailers, according to commercial real estate services firm Cushman & Wakefield.
Sensex scales new peak in pre-election rally
Mar 07, 2014
CHENNAI: Call it the Modi effect or a pre-election rally — the BSE Sensex hit an all-time high of 21,525 and closed at a historic high of 21,513.87 on Thursday, a day after the Election Commission announced the schedule for the 2014 Parliamentary elections.
70,000 apply for 248 CMDA subsidised plots
Jan 13, 2014
CHENNAI: Applicants thronged the CMDA office at Egmore as the last day for registration for CMDA-approved plots came to an end on Monday.
Housing sales down 33% in Chennai in 2013; prices up 5-7%
Jan 10, 2014
CHENNAI: Sales volume in the real estate sector in the city during the last one year witnessed a 33 per cent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.
Small projects in Chennai see faster turnover
Dec 14, 2013
CHENNAI: Large residential projects may grab a lot of attention. Sales here may indicate market trends but developments offering a handful of apartments in a plot of a couple of grounds, a characteristic of Chennai, continues to attract buyers in prime locations. Developers focussing on this segment have set their eyes on faster turnaround.
Chennai authorities seal RIL's commercial property
Dec 13, 2013
CHENNAI: A commercial building owned by Mukesh Ambani's Reliance Industries Limited (RIL) in the city has been blocked and sealed by the Chennai Metropolitan Development Authority (CMDA) for the alleged violation of construction norms.
Ozone building strategy around large gated communities
Dec 03, 2013
CHENNAI: Large gated communities are the future of residential real estate, says S. Vasudevan, CMD of Bangalore based-developer, Ozone Group.
Real Value Promoters launches super luxury project--Czar
Nov 12, 2013
CHENNAI: Real estate developer Real Value Promoters today announced its upcoming luxury project -- Czar's to be set up in the city.
Akshaya, Disney in tie-up for theme-based housing
Aug 29, 2013
CHENNAI: Chennai-based real estate developer Akshaya plans to introduce theme-based housing project in tie-up with Disney.
Rupee fall may drive NRI realty investments in India
Jul 11, 2013
CHENNAI: The fall of the rupee against the dollar may lead to the NRI community in the Middle East investing more on properties in India, says international realty consultant Jones Lang LaSalle (JLL).
5 reasons for investing in Tambaram East
Jun 14, 2013
CHENNAI: Tambaram, once mooted as Chennai’s satellite town, is today seeing high real estate activity. Situated in South Chennai, it has a mix of commercial and residential real estate and is divided into Tambaram East and Tambaram West. Many experts advise on investing in Tambaram East over the West.
Property deals pick up in TN, register 11% growth
Jun 07, 2013
CHENNAI: After a slump during last fiscal when real estate purchases fell 23.54%, property registration in Tamil Nadu appears to be clawing back with a 11% growth in registrations in April-May 2013.
North Chennai home rates grow fastest
Jun 01, 2013
Northern parts of Chennai have long been considered the backwater region of the city. But the residential price index (residex) put out by the National Housing Bank (NHB) shows that Ayanavaram, Kolathur and Purasawalkam have seen the maximum appreciation in residential prices in the last six years across the country.

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