Latest Realty News

Amarprakash-Developers-Awarded-Asia’s-100-Best-Real-Estate-Projects
Jun 09, 2015
One of the best residential developers in Chennai, Amarprakash’s project Palm Riviera had been awarded as “Asia’s 100 Best real estate projects & properties 2015”.They were conferred the award at a grand function on 21 May, 2015 in Singapore .
Swimming Pools, ATMs in Housing Complexes Lure New-age Buyers
Feb 22, 2014
CHENNAI: Swimming pools, gyms, parking lots, landscaped gardens, playgrounds, supermarkets and even in-complex schools and ATMs. If you want to sell a home to the latest generation of home buyers, you better have every single on of these and more. With the average age of home buyers plummeting, developers have realised that this generation of customers are no longer very worried about locales and proximity to the city. The current catchword for selling residential projects is ‘amenities’.
Realty: Then and now
Jan 04, 2014
CHANNAI: The economic downturn in the year 2013 has had an adverse impact on various sectors and the realty sector has not been insulated by these changes. The year has been one of guarded optimism and the sentiments were rather cautious from both investors and builders.
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.
Chennai residential micro-markets see moderate price appreciation
Sep 15, 2013
CHENNAI: Chennai residential micro-markets have been stable with moderate price appreciation of 8–10 per cent in the last one year, according to a recent research report titled ‘Solid Grounds for Smart Property Decisions’ brought out by Indiaproperty.com.
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.
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.
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.

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