News about Chennai Real Estate

Chennai: The residential real estate market in the city surged in the first quarter of 2025, with home registrations soaring 88% over the previous quarter. While South Chennai remains the epicentre, North Chennai is fast emerging as a key growth driver, as per Credai Chennai’s Q1 2025 report. The report shows 1,518 units were registered…

The Tamil Nadu government has greenlit the first-phase extension of the Chennai Metro Rail, connecting Chennai Airport with the Kalaignar Centenary Bus Terminus in Kilambakkam. The project, which spans a total length of 15.46 kilometres, aims to bridge the gap between the city’s airport and its emerging inter-district transport hub. Government Order Issued, DPR Sent to…

“Introduction Phase II Corridor 4 Update The Chennai Metro Rail Limited (CMRL) has initiated trial runs on a 9.1-kilometre elevated route spanning from Poonamallee Bypass to Porur Junction. This segment is part of Corridor 4 under the Phase II development, aiming to link Light House with Poonamallee via Porur.” “Stretch The 10-station stretch includes the…

Recent news indicates a mixed bag for Chennai’s real estate market. While residential sales and new launches are on the rise, with Chennai’s residential market recording a 10% year-on-year growth, construction material costs are escalating. Additionally, Chennai’s commercial real estate sector is also experiencing growth, with leasing of workspace up 29%. Residential Market: Chennai’s residential…

“The number of residential units registered in Chennai during the first quarter of 2025 stood at 8,042, reflecting an 11% rise compared to the same quarter in 2024. Around 7,218 units were registered during the same period in 2024, according to a report released by theConfederation of Real Estate Developers’ Associations of India (CREDAI) Chennai….

சென்னை: 2025 ஆம் ஆண்டின் முதல் காலாண்டில் சென்னையின் குடியிருப்பு ரியல் எஸ்டேட் சந்தை புதிய உச்சத்தை அடைந்து உள்ளது. முந்தைய காலாண்டை விட வீட்டுப் பதிவுகள் 88% அதிகரித்து உள்ளன. தென்சென்னை 4,309 வீடுகள் பதிவு செய்யப்பட்டு முன்னிலை வகிக்கிறது,.வடசென்னை 1,518 வீடுகளுடன் இரண்டாம் இடத்தில உள்ளது, மீஞ்சூர் மற்றும் மாதவரம் போன்ற பகுதிகளில் புதிய வீடுகள் வாங்க மக்கள் காட்டும் ஆர்வம் காரணமாக அங்கே வீடுகள் அதிகம் வாங்கப்பட்டு உள்ளது. சிட்டி அளவில், 8,042…

From tech parks to luxury living,Old Mahabalipuram Road (OMR) is redefining Chennai’s real estate landscape. Once known for its glass-and-steel IT offices, the corridor is now witnessing a surge in villa communities, offering the ECR lifestyle at more affordable prices and drawing homebuyers away from the city’s traditional coastal luxury belt. However, both prime stretches…

Opportunities for Homebuyers and Investors Despite the challenges, the real estate market in Chennai offers abundant opportunities for both homebuyers and investors. Guide for Homebuyers: Focus on localities like Sholinganallur, Perumbakkam, Tambaram,OMR,Porur and Guduvanchery for long-term value. Choose properties with facilities that are modern and eco-friendly. Consider upcoming projects to benefit from competitive pricing and…

Among the metros in India, Chennai is one of the popular and sought out destinations in the real estate sector. This city with its rich, cultural heritage and history also ranks high in terms of the transportation network and the overall lifestyle. Within Chennai, there are a number of areas that are designated prime properties…

Arasankalani, a tranquil neighborhood nestled in the heart of Chennai’s suburbs. This quaint locality, often overlooked by the city’s hustle and bustle, offers a peaceful retreat for those seeking a serene lifestyle. Getting There: A Breeze Arasankalani is conveniently located near two major railway stations: Tambaram Sanatorium and Velachery. These stations provide excellent connectivity to…

Red Hills, also known as Sengundram, is a rapidly developing suburb in the northwestern part of Chennai, Tamil Nadu. The name is derived from the red hills that were once present in the area. Today, Red Hills is a bustling locality with a mix of residential, commercial, and industrial areas. It is well-connected to other…

1)Chennai Metro Phase II is expanding rapidly The project will cover 118.9 km across three new corridors, connecting key areas like Madhavaram-SIPCOT, CMBT-Poonamallee, and Madhavaram-Sholinganallur. OMR is set to become a major Metro hub, improving accessibility and reducing traffic. Future plans include extensions to ECR and Velachery, further enhancing citywide connectivity. This expansion will revolutionize…

Chennai-Trichy Highway – An Overview The journey from Chennai to Tiruchirapalli have now become more faster and efficient! Introducing the Chennai – Trichy Expressway, the second greenfield corridor in Tamil Nadu, after the Chennai-Salem Expressway. Located between Chennai and Tiruchirapalli, this greenfield corridor in Tamil Nadu runs approximately 310km, starting from Chennai and terminating in…

Revised GST Slabs in India The Goods and Services Tax (GST) is one of the most transformative reforms in India’s taxation landscape, profoundly impacting various sectors, including real estate. Introduced in 2017, GST replaced a plethora of indirect taxes, creating a unified and transparent tax regime. By eliminating cascading taxes such as VAT, service tax,…

கோயம்பேடு-ஆவடி மெட்ரோ: பட்டாபிராம் வரை நீட்டிக்க திட்டம்! ஜனவரி இறுதிக்குள் தயாராகும் கோயம்பேடு-ஆவடி மெட்ரோ ரயில் திட்டத்தின் விரிவான திட்ட அறிக்கை ஜனவரி இறுதிக்குள் தயாராகும் எனவும் மேலும் இந்த திட்டம் பட்டாபிராம் வரை நீட்டிப்பதற்கான சாத்தியக்கூறு ஆய்வுகள் நடத்தப்பட்டு வருவதாகவும் தகவல் வெளியாகியுள்ளது. கோயம்பேடு-ஆவடி மெட்ரோ: கோயம்பேடு முதல் ஆவடி வரை மெட்ரோ ரயில் நீட்டிப்புக்கான விரிவான திட்ட அறிக்கை (டிபிஆர்) இம்மாதம் நிறைவடையும் என கூறப்படுகிறது. மேலும் சென்னை மெட்ரோ ரயில் நிறுவனம் இந்த…

New town development areas: Subsequent to the expansion of Chennai Metropolitan Area from 1,189 sqkm to 5,904 sqkm, the Chennai Metropolitan Development Authority (CMDA) is in the process of preparing a proposal to notify potential growth centres,Kancheepuram, Minjur, Tiruvallur, Thirumahisai and chengalpet as New Town development areas. The infrastructure and balanced growth in housing, commercial…

Eight-lane project revived at Perungalathur to ease traffic To ease traffic bottlenecks on Grand Southern Trunk (GST) Road, the state govt revived the eight-laning project, allocating 12.8 crore to complete pending work on the Perungalathur flyover. Under the Chennai Metropolitan Development Plan (CMDP), the highway department will widen the 1.5km stretch beneath the flyover, including…

Sriperumbudur: The government intends to continue developing by launching significant infrastructure projects near Sriperumbudur, which serves as Chennai’s industrial hub. such as the Chennai-Bangalore Expressway, the Greenfield Airport, the Dry Port, the 6-lane Road, the Aerospace Park, the Rail Line, and the Metro Line. Which encourages new investors to make investments and generate jobs. Sriperumbudur,…

DTCP overhaul aims to boost urban development across Tamil Nadu  Only 5% of Tamil Nadu, excluding Chennai, has planned urban growth as most other parts of the state do not have master plans. In a bid to ensure that other parts of the state also benefit from planned urban development, the Directorate of Town and…

CMDA’S OUTER RING ROAD MASTER PLAN Chennai Metropolitan Development Authority has announced e-auctioning of plots along Chennai Outer Ring Road in Jan, marking a step forward in transforming the 62-km corridor into a thriving economic zone. Nearly 80% of work on the Master Plan for CORR is complete, say CMDA officials. CMDA aims to develop…