Latest Realty News

Perungudi: A good investment option for mid-segment home buyers
Sep 21, 2013
CHENNAI: If you are looking to buy property in the budget range of Rs 60-70 lakh, Perungudi can be the end of your search as the locality offers a number of housing options. With factors like well-built social infrastructure, proximity to IT companies and seamless connectivity, Perungudi comes across as an ideal destination for an end-user. Here’s why:
Green Tree launches GreennTown in Chennai
Sep 11, 2013
CHENNAI: Green Tree Homes & Ventures Pvt. Ltd., one of the leading real estate developers in the state, today announced the launch of its premium value housing project, GreennTown.
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.
ETA offers luxury homes
Aug 26, 2013
CHENNAI: ETA Star Property Developers has launched Lalique, a luxury residential project on Greenways Road, Chennai.
BBCL’s housing project
Aug 26, 2013
CHENNAI: BBCL, a Vummidi Enterprise, has launched the “Navarathina” a residential project in Ambattur to the west of Chennai. The project offers 144 apartments on a 2.25-acre plot. The price is pegged at Rs 4,200 a sq. ft for the 1- to 3-bedroom apartments.
Navin’s launches North Chennai project
Aug 26, 2013
CHENNAI: Navin’s Housing has launched the Whiteberry at Moolakadai Junction in North Chennai.
Mahindra World City to set up more integrated business cities
Aug 22, 2013
CHENNAI: The success of the integrated business city model here has prompted Mahindra World City to look at more such projects.
Chennai set to hit a new high in housing
Aug 12, 2013
CHENNAI: Just about a year ago the average home buyer did a double take on learning of the prices of top-end residences in prime areas of the city: a couple of projects offered homes ranging between Rs 3 and Rs 6 crore at the top end in large blocks of over 100 apartments each.
Rs 400 crore flyover to connect OMR, ECR in Chennai
Jul 19, 2013
CHENNAI: A flyover connecting the Old Mahabalipuram Road and the East Coast Road is now a step closer to reality. The design of the flyover that would start near Tidel Park on OMR and land on ECR was given a go-ahead by a technical committee of the state highways department that met a few days ago. “The alignment of the flyover was decided in December last. Now we have decided where the arms will come and where exactly the flyover will land,” said an official of the state highways department.
550 houses in Chennai look towards the sun for power
Jul 17, 2013
CHENNAI: Driving through colonies in Bangalore, one would spot solar water heaters on every roof. A walk down the streets of Gandhinagar in Gujarat would show that every house wears a solar hat. And now, Chennai is waking up to solar, albeit slowly. The everlasting power crunch is driving several of the city’s residents to look at the sun for power from rooftop solar energy systems.
What makes residential properties in Chitlapakkam click?
Jul 16, 2013
CHENNAI: Once considered a sleepy suburb in the south of Chennai, Chitlapakkam has been fast emerging as a residential destination for those looking for pocket friendly options near their workplace.
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).
Chennai may need over 30K housing units annually
Jul 06, 2013
CHENNAI: A survey on Chennai’s residential real estate analyses the economic and infrastructure drivers that would impact the demographic growth of the city’s metropolitan area. The study gives an outlook on the housing requirement and supply and its impact on prices. “The growth of auto hub and growth of IT/ITeS and BFSI industry has defined the growth of Chennai in the last decade and will continue to drive migration and need for houses. Chennai, which accounts for a major share of US $185 bil
Realty in Sithalapakkam rides on connectivity
Jun 22, 2013
CHENNAI: If you are looking for a residential area in Chennai that not only offers an affordable price range but also commendable connectivity to other parts of the city, Sithalapakkam is a good bet. The locality is a suburb of south Chennai and is placed between two lakes and a hill promising pollution-free surroundings. Rajesh Katariya, proprietor Katariya Estates says, “After Medavakkam, which is close to IT hubs and SEZ area, Sithalapakkam is the area that is best for residential use.” P
Reasons to invest in Chromepet
Jun 21, 2013
CHENNAI: Located in southern part of Chennai, Chromepet is gaining popularity in terms of real estate investment. Experts say that the destination assures returns. So, what makes it a preferred destination? Some reasons why one should invest in the locality are:
Unsold houses in Chennai pile up as sales slump
Jun 18, 2013
CHENNAI: Builders across the country have been worried as unsold housing stock have been piling up in the recent months.
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.
TN Slum Clearance Board to rope in pvt player for multi-storeyed building
Jun 13, 2013
CHENNAI: The Tamil Nadu Slum Clearance Board has decided to rope in a private player to construct a multi-storey building in the heart of Chennai. This is the first such project to be taken up in Tamil Nadu.
Pallikaranai and Medavakkam – hot realty destinations in South Chennai
Jun 12, 2013
CHENNAI: South Chennai is witnessing a steady growth when it comes to residential real estate market. Many experts believe that it continues to dominate across Chennai as a hub for residential development.
Demand high for low-budget rental units
Jun 11, 2013
CHENNAI: Chennai’s rental market witnessed several variations during the Nov 2012-Jan 2013 and Feb-Apr 2013 periods. The rental brackets of Rs 5,000-10,000 and Rs 10,000-15,000 were reported to be the most in demand at 32 and 31 per cent respectively during the Feb-Apr 2013 period.
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.
TN to construct 6254 apartments at a cost of Rs 1740 cr
Jan 29, 2013
CHENNAI: Tamil Nadu government plans to construct 6,254 apartments in Chennai, costing Rs 1,740 crore, to alleviate pressure brought on by steady increase in population in the city.
Mahindra Life Spaces bids Rs 260 crore for Chennai property
Oct 29, 2012
CHENNAI: Mahindra Life Spaces, part of the $15-billion Mahindra & Mahindra Group, has emerged as the highest bidder for a 4.85 acre plot of Madras Race Club in Guindy with a bid in excess of Rs 260 crore. This values the land at nearly Rs 3 crore per ground.

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