All Posts in "Uncategorized" Category

Choosing the Right Site  Every successful real estate development project starts with a site that aligns with the developer’s target market and main demographics. Because choosing the right property can make or break a property . developers must find the best real estate opportunities.You’ve heard it before: location,location,location. To help assess potential sites, developers consider…

Challenges in Real Estate Development Real estate development is the business of building new structures and modifying existing ones to increase their value. Developers may specialize in commercial or residential buildings, ranging from apartment complexes or single-family homes to restaurants, office buildings, warehouses, and retail spaces. Most developers handle a project from the earliest planning…

Expansion in Tambaram   Building a residential property involves many complex rules and regulations determined by local authorities and government bodies. CMDA is the primary organization that governs these regulations to ensure sustainability, safety, and urban development. These rules were established in 1975 for the construction and development of residential buildings within the Chennai Metropolitan…

‎THE GROWTH OF RESIDENTIAL MARKET Tamil Nadu, contributing a substantial 8.8% to India’s GDP, stands as a powerhouse in the nation’s economic landscape, with a Gross State Domestic Product (GSDP) of $314 billion in 2023 positioning itself as India’s second-largest State economy. Looking ahead to India’s centenary of independence in 2047, projections suggest that Tamil…

Sipcot’s expansion plans (SIPCOT) nas established by the Government of Tamil Nadu in the year 1971 with the specific objectives of playing a catalytic role in the promotion and developnicnt of medlum and major industries and to hasten the industrial d~spersal in backward and under developed areas of the State. Tamil Nadu recorded an investment…

Tambaram’s Eastern Bypass awaits land for construction Residents, living in a total of 188 houses, encroaching on various government lands in three revenue villages, have to be provided with alternative housing and shifted, if Chennai’s Eastern bypass from Perungalathur to Rajakilpakkam is to be completed. The 9.3-km-long bypass for Tambaram, running from Rajakilpakkam on Tambaram…

RESIDENTIAL Investing in a Chennai real estate property leads to long-term benefits and stable rental income. Chennai is home to a growing, diverse economy that includes industries like manufacturing, logistics, healthcare, and information technology. chennai ‘s residential realestate market is competitive and attracts people from all across India. Also, this city offers an acceptable cost…

 Medipark to come up in Chengalpattu TIDCO, in association Government of India is implementing a Medi Park Project in an area of 330 acres near Chengalpattu at an estimated project cost of Rs.205 crore. The Park will have a medical devices and equipment zone, bio information zone and research & development and knowledge management infrastructure….

A quaint village on Chennai’s East Coast Road on the cusp of development Poonjeri was once known for farming. But it is now part of the CMDA’s New Town Development Plan for Mamallapuram, a heritage town. The CMDA is identifying projects to promote tourism, heritage, and business travel. The plan will cover 123.48 square kilometres…

MM NAGAR DEVELOPEMENT: Maraimalai Nagar New Town was conceived by CMDA as part of its 1st Master Plan for Chennai Metropolitan Area. This new town is located 45 Km. from the city and was envisaged as a full fledged Satellite Town and also as a countervailing force to control future emigration into the City.  About…

CMDA prepares blueprints for six satellite town After creating a blue print for six new satellite townships planned in the Chennai Metropolitan Area (CMA), the Chennai Metropolitan Development Authority (CMDA) has identified consultants for preparing the Detailed Project Report (DPR) for four of them. Sharing the salient features of the Thirumazhisai township to be developed, a…

Chengalpattu  new bus terminus by December 2024 The Chennai Metropolitan Development Authority (CMDA) announced the opening of tenders for the construction of a new bus terminus in Chengalpattu. This project will come up on 9.95 acres of land (40,274 square metres) near the Venpakkam panchayat. An official of the CMDA said that a work order…

Is North Chennai now the choice of homebuyers? North Chennai has long been the industrial backbone of the city, housing major ports, refineries, and manufacturing units. This strong industrial base now acts as a magnet for talent and investment. With improved connectivity and a burgeoning residential sector, skilled professionals are increasingly opting to reside in…

Lake rejuvenation project ; The Chennai Metropolitan Development Authority (CMDA) has started preparing detailed project reports (DPRs) for rejuvenation of 10 lakes across the Chennai Metropolitan Area. The lakes include those at Perumbakkam, Retteri, Madambakkam, Ayanambakkam, Velachery, and Adambakkam. The DPRs are ready for seven lakes. The reports for the Sembakkam and Adambakkam lakes are…

Mahindra world city overview: Mahindra World City boasts a robust infrastructure and seamless connectivity, making it an ideal destination for both residential and commercial purposes. During the Global Investors Meet 2024, industrialist Anand Mahindra said Tamil Nadu was not the choice when Ford started its operations in India in a joint venture with the Mahindra Group. “We were…

Overview The national real estate market is expected to shift towards a more stable and sustainable pace in 2024-25, reflecting broader economic trends and a maturing market landscape. Chennai has shown a strong performance over the past year, driven by robust demand and strategic investments from major developers. Key real estate players have announced significant…

Future of real estate in India The report further claims that the Indian real estate sector will have growth projections of nearly $1 trillion by 2030—a market size significantly larger than the US$200 billion one in 2021. This growth in the real estate market in India is expected to push up India’s GDP by 13% on…

 Chennai  Developments Chennai’s investment in real estate has shown exceptional growth in 2024 compared to 2023 in terms of new home launches and housing sales. In 2025, the city is expected to have a major positive impact on the economic growth of the state. The state’s gross domestic product has been consistently growing, which is…

  Investing in Chennai Real Estate Given the Chennai property price predictions, 2024-25 is an opportune time to invest in real estate in Chennai. The market’s steady growth, strategic investments, and infrastructural developments make it a promising destination for residential and commercial investments. If you are considering buying property in Chennai, understanding the city’s property market…

Properties near a metro station tend to appreciate in value faster and retain their value better than properties in other areas. On average, properties near a metro station can increase in value by 10–20%. Increased demand: Properties within walking distance of a metro station are generally more desirable and have higher rental values.  Metro connectivity provides…