News about Chennai Real Estate

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…

BAI Calls for Urgent Reforms to Streamline Tamil Nadu RERA Processes Builders association of India has called for urgent reforms to streamline the Tamil Nadu real estate regulatory authority (TNRERA) approval process, highlighting key challenges that cause delays and compliance burdens. Developers say that approvals often take 50–60 days, far exceeding the stipulated 30-day timeline….

Chennai: Plans For 44-Km Metro Line to Parandur Airport The Chennai Metro’s Line 4 is a proposed extension from Poonamallee to Parandur Airport, covering a distance of about 43.6 kilometers. The CMRL submitted a feasibility report for the expansion.  The Poonamallee Bypass metro station is on the Orange Line of the Chennai Metro. It is one…

The parks to be renovated are located in Chromepet, Hasthinapuram, Sembakkam, and Chitlapakkam The Tambaram Corporation has allotted funds for the renovation of parks and installation of new equipment on their premises, considering the poor condition of several parks under its limits. Tambaram Corporation will renovate more than 30 parks with upgrades like new benches,…

Tamil Nadu: 3.25 FSI for buildings in integrated townships planned to boost growth According to sources, the normal applicable FSI in integrated townships will be based on the road width as applicable under Tamil Nadu Combined Development and Building Rules (TNCDBR). The state government is mulling on increasing floor space index (FSI) to over 3.25…

One of the major lacunae in the housing sector is the long and tedious project approval process wherein there are several departments that one has to visit to get the requisite approvals. Thus, in a bid to fast-track clearance procedures for buildings, the Chennai Metropolitan Development Authority (CMDA) has set deadlines for 11 departments to…

80 per cent Kuthambakkam bus terminus works completed, be opened before March 2025 Kuthambakkam bus terminus, 80% completed as part of a 427 crore, 25-acre project, will open by March 2025. With facilities for differently-abled, driver dormitories, parking for 2,045 vehicles, metro link, 41 shops, eight private-bus ticket counters, and modern amenities, it will serve…

Tamil Nadu CM M K Stalin launches  CMDA projects in North Chennai CHENNAI: The upcoming ornamental fish trade centre in Kolathur will feature a two-storey building adorned with cylindrical aquariums, vibrant colored fish, and numerous other amenities. Chief minister M K Stalin laid the foundation for the project and five others under the North Chennai…

Porur’s transformation from a residential suburb to a thriving commercial hub In the dynamic urban landscape of Chennai, Porur has emerged as a prime contender for the title of the city’s next major IT corridor. Often referred to as OMR 2.0, Porur has mirrored the success of Old Mahabalipuram Road (OMR) while carving its own…

Tamil Nadu Apartment Ownership Act An old apartment refreshed can solve a multitude of problems. Drabness should give way to colour. Latest construction technologies being on tap, the quality and utility of the structure should improve exponentially. Spaces that seemed constricted might now appear expansive. The redevelopment of 30-year-old buildings in Tamil Nadu that had…