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…
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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…
‘Realty projects hit by 34%, sales 53%’ CREDAI’s data exposes difficulties in reducing existing inventory of developers CHENNAI: An analysis conducted by the Research and Analysis Wing (RAW) of CREDAI (Confederation of Real Estate Developers’ Associations of India) has revealed that the real estate industry in Chennai is on the declining trend as number of…
CHENNAI GROWTH The Confederation of Real Estate Developers’ Associations of India (CREDAI) has projected up to 25 per cent growth in apartment sales in the city in 2025 with new project launches anticipated to grow by up to 20 per cent. “As the year comes to a close, the Chennai residential market is poised for…
Government schemes like the Pradhan Mantri Awas Yojana and Rajiv Awas Yojana have incentivised developers Chennai’s real estate market is undergoing a sea change plotted development surges in popularity. Abandoned industrial campuses and joint-family properties being reimagined as modern, amenity-rich plotted communities .. In suburban Ambattur, a sprawling 68-acre defunct industrial campus has been transformed into…
The Significance of North-Facing House Vastu Before understanding the various aspects of the same, lets first understand what it is mean by north facing house vastu, as many people gets confused regarding it. They assume it to be the direction in which the main road is located with respect to the house. However, it is completely…
Chennai to Mysore Bullet Train project benefit Chennai – Mysore High-Speed Rail (CBM Bullet Train) project is a 463 km proposed High Speed Rail line that will connect Chennai, Bangalore (Bengaluru) and Mysore (Mysuru) through 11 stations in Tamil Nadu and Karnataka at a project cost that is yet to be finalized. This HSR line…
NRI SEASON : The Indian real estate market is witnessing a surge in interest from Non-Resident Indians (NRIs), driven by favorable economic conditions, regulatory reforms, and evolving buyer preferences. With the festive season adding to the momentum, NRIs are increasingly viewing Indian real estate as a secure and high-yield investment opportunity. NRI Investments on the…
3rd Master Plan for Chennai will be ready by December 2025 Chennai, at 23,000, lags behind other cities in housing units. A significant challenge remains in addressing the city’s housing supply and city growth, said Mishra, Member Secretary, Chennai Metropolitan Development Authority (CMDA). Currently, Chennai annually produces 22,000 to 23,000 dwelling units. This is far…
Loop Road to make Tirumazhisai the next urban hotspot The CMDA has issued a notification to pool over 1,600 acres of land for constructing the roadway in the fast-developing suburb, which would also have residential and commercial spaces. Chennai Metropolitan Development Authority (CMDA) is implementing the Thirumazhisai New Town through a transformative Land Pooling Scheme…
Metro Rail in Chennai The Chennai Metro is a rapid transit system serving the city of Chennai, Tamil Nadu, India. The first phase of the project was opened to the public on June 29, 2015, making it the first operational metro in South India. The metro rail system has been designed to alleviate traffic congestion…