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…
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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…
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…
Location: Chengalpattu, formerly known as Chingleput, is the district headquarters of Chengalpattu district in Tamil Nadu, India. It is located 56 km from Chennai on National Highway 45. Nicknames: Gateway of Chennai, Chengai, Lake City, City of Hills Overview: Chengalpattu is rapidly emerging as a dynamic urban center that combines modern industry with rich natural…
Sri maha Bhairavar rudhra alayam Distinctive temple honoring the deity Bhairavar, with 12 steps carved to represent the zodiac signs. The Vallam Cave Temples The Vallam Cave Temples, dedicated to Vedhaantheeswarar and Giri Varadharaja Perumal, are situated in Vallam, a village near Chengalpattu in the Kanchipuram District of Tamil Nadu. These rock-cut shrines are…
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,…