News about Chennai Real Estate

The real estate industry in India faces a formidable challenge: providing adequate housing for all citizens amid rapid urbanisation and burgeoning population growth. With over 60 million households lacking access to proper shelter, the need for affordable housing solutions has never been more urgent. Effective real estate policies play a pivotal role in addressing this…

Avadi is a western suburb of Chennai, and the headquarters of Avadi taluk located within the Thiruvallur district of Tamil Nadu, India. Situated at about 22 kilometres (14 mi) from Chennai Central Railway Station, it is one of the four municipal corporations in the Chennai Metropolitan Area and is governed by the Avadi Municipal Corporation….

Old Mahabalipuram Road is a premier real estate destination, attracting prospective homebuyers and industrialist to set up their businesses on the OMR road. OMR Chennai is famous for being the city’s primary IT and business district, often referred to as the “IT corridor.” It is known for its modern infrastructure, tech parks, educational institutions, and…

Chennai property price prediction 2024-25 forecasts a 5-7% increase in property prices across the city. This growth is attributed to ongoing infrastructure projects, such as the Chennai Metro Rail Phase II, and the overall economic recovery in the past few years.   In a few years, you may step off the metro and into your…

Private equity investors have shifted their focus from office properties to warehouses, which made up more than 50% of their 3 billion dollars total investments in the first half of 2024. According to a report by Knight Frank on “Trends in Private Equity Investment in India: H1 2024,” private equity (PE) investments in Indian real…

தேசிய வீட்டுவசதி வங்கியின் ரியல் எஸ்டேட் புள்ளி விபரம் ஒன்றை வெளியிட்டுள்ளது. 4 மாதங்களுக்கு முன்பு, சென்னையின் நில மதிப்பு உயர்ந்துவிட்டதாக ரியல் எஸ்டேட் தரப்பில் ஒரு செய்தி வெளியாகியிருந்தது.. அதாவது, மெட்ரோ ரெயில் பாதை செல்லும் பகுதிகளை சுற்றியுள்ள இடங்களின் சொத்து மதிப்பு திடீரென 30 சதவீதம் முதல் 40 சதவீதம் வரையும், மற்ற பகுதிகளை காட்டிலும் மெட்ரோ ஸ்டேஷன் பகுதிகளில், 50 சதவீதம் வரை சொத்து மதிப்பு உயர்ந்துள்ளது. பத்து வருடங்களுக்கு முன்பு வடபழனியில்…

CHENNAI: Around 80 delegates from CREDAI (Confederation of Real Estate Developers’ Associations of India) National visited housing projects in Chennai to understand the real estate growth in the city. They visited luxurious projects, co-living spaces and affordable housing projects in different parts of Chennai.     Aslam Packeer Mohamed, secretary, Credai Chennai, said, “Ongoing metro…

Tunnelling on one of the toughest stretches of CMRL phase-two between Kolathur junction and Villivakkam MTH Road metro (earlier Nadhamuni metro), covering 7.8km, may commence by November. The stretch, which is the only underground section on corridor-five, is likely to pose a challenge to engineers as they may have to drill through hard rocky soil…

Velachery is a neighborhood of Chennai. It is located in the southern part of the Chennai city sharing borders with Guindy in the north, Taramani in the east, Perungudi in the south-east, Pallikaranai in the south, Madipakkam in south-west, Adambakkam in the west and north-west. It is the headquarters of Velachery taluk and straddles the…

Kelambakkam is a suburban and residential neighbourhood of Chennai, India. It is located in the south-eastern portion of the city along the Old Mahabalipuram Road, and is about 5 km from Siruseri IT park and 12 km from Sholinganallur junction. Kelambakkam is considered as the Southern Gateway to Chennai city on OMR Road and comes…

Chengalpattu, previously known as Chingleput, is a town and the headquarters of Chengalpattu district of the state Tamil Nadu, India. The town is located near to the industrial and IT hub. It is the headquarters of the district and is 56 kilometres away from the state capital, Chennai on the National Highway 45.Nicknames: Gateway of…

Buying properties cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. It is predicted that buying in the spring and summer will give you more houses available, but it will also…

Affordable areas in chennai and it’s specialities Nungambakkam Upscale Nungambakkam is a central neighborhood known for its indie boutiques, designer shops and international brand stores. Young professionals and college students gather at trendy cafes and budget eateries surrounding Sterling and College roads. Concerts and film screenings are hosted by the Alliance Française of Madras and…

Buying a flat in Chennai is a good idea, due to the city’s thriving economy, robust infrastructure, reputable educational institutions, and cultural richness. The real estate market in Chennai has shown excellent growth over the years, making it an attractive investment option. The best residential area in Chennai includes Velachery for its central location and amenities,…

Owning a plot of land within a project means the freedom to choose your own construction materials and enjoy the amenities already there.   In recent years, there has been a notable surge in interest among homebuyers towards plotted developments, reshaping the landscape of modern homeownership. This trend is particularly evident in India, where the…

*  Tambaram locality lies in the suburb of Chennai city. It is a part of the Chennai Metropolitan Area. The city is witnessing variously affordable as well as luxurious residential houses and apartments. These are either ready to move or are still under construction. Tambaram city is located on the Chennai-Trichy highway. The Railway connectivity…

When searching for a new home🏠, the most crucial thing you must think about is where it’s located. The location plays a huge role in how convenient and comfortable the property will be for your everyday life, especially if you intend to reside there. Buying a property in a place that gives us life is…

a. Chennai’s real estate sector continues to prosper with bright potential for future growth thanks to strong demand from end users and investors alike and proactive government policies fostering real estate growth. Understanding real estate market trends is important for professionals in the industry. b. Chennai’s real estate market has demonstrated stability over the years,…