News articles tagged Chennai Real Estate

Chennai Metro Expansion Fuels Real Estate Growth

The Chennai Metro's expansion boosts property values in accessible areas, driving demand for residential and commercial spaces while fostering sustainable urban development.

Chennai's Suburban Growth: Significant Price Appreciation

Suburban areas of Chennai have seen remarkable price growth, driven by improved connectivity and demand for larger homes, outpacing central areas.

CREDAI Predicts 25% Surge in Chennai Apartment Sales for 2025

Chennai’s real estate market poised for 25% growth in 2025, driven by CREDAI’s predictions, strong demand in South Chennai suburbs like Medavakkam, Tambaram, Velachery, and Porur, and improved infrastructure.

Institutional Investment in Indian Real Estate to grow by 14.6% in 2021

Institutional investment in Indian real estate to grow by 14.6% to Rs 395 billion in 2021, driven by optimism in commercial office assets.

Top 8 cities’ home sales fell 6% between April and June

Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.

Among real estate companies that donated more than Rs 1000 crore through electoral bonds, DLF and Chennai Green Woods Private Ltd. were at the top

The recent release of electoral bond data by the Election Commission reveals substantial political contributions from various real estate companies, led by DLF and Chennai Green Woods.

In just five days, Casagrand Suncity smashes real estate records in Chennai by selling over 900 units

Casagrand Suncity, Chennai, sold over 900 units in 5 days. The 40-acre township, endorsed by Silambarasan, features Roman architecture, 130+ amenities and opulent apartments.

Most growth in this city occurs in the sale of houses exceeding Rs 4 crore.

Sales of luxury homes valued at Rs 4 crore and above rose 97% over the previous year in major Indian cities from January to September 2023.

Chennai’s Oragadam district is home to the newly designed Godrej Sunrise Estate.

Godrej Sunrise Estate, Godrej Properties’ first planned development in Chennai, offers residential plots ranging from 600 to 2400 sq ft, surrounded by greenery near Oragadam.

Why Is Chennai's Tallest Building So Popular?

Chennai's SPR Highliving District, home to the city's tallest building, offers luxury living, extensive amenities, and a commitment to modern urban infrastructure.

Developers collecting money without agreement is violation- TNRERA

Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.

No compensation if agreement doesn't provide for it: TNRERA

TNRERA Denies Compensation for Delayed Delivery and Lack of Car Parking

Ascendas India Trust to acquire Industrial Project in Chennai

Ascendas Property Fund Trustee signs a forward purchase agreement with Casa Grande Group to acquire an industrial plant in Mahindra World City, Chennai.

‘The Avenue’ project by Emmar MGF has received completion certificate

Emaar MGF's 'The Avenue' residential project in Chennai receives completion certificate for 7 of the 232 units. This 14-acre project includes a clubhouse and amenities.

Salarpuria Sattva Group eyeing to enter Coimbatore real estate market

Salarpuria Sattva Group is expanding to Coimbatore's real estate market despite slowdown, aiming to leverage upcoming projects and city growth.

Housing Sector To Face Shortage Of Supply

The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.

Housing Projects for Seniors, Bangalore Tops The List

Bangalore leads India with seven housing projects for seniors, surpassing other cities like Chennai and Pune, according to a JLL report focused on senior housing development.

CMDA Nods Corversion of Vacant IT Buildings to Malls

CMDA approves converting vacant IT buildings in Chennai into shopping malls and office spaces, a move welcomed by developers.

Essel Group to Raise Rs.1000 Cr PERE Fund

Essel Financial Services Ltd's private equity wing is set to launch a Rs.1000 Cr real estate fund focusing on residential projects across top cities in India.

Pallavaram Booms, Connectivity to IT Hubs Remains Keen

Pallavaram in Chennai sees a significant rise in property prices due to its proximity to major IT hubs, making it a top choice for home buyers and investors.

Resale Properties in Chennai, highly demanded

Chennai sees increased demand for resale homes, narrowing the price gap between new and resale properties partially driven by location, connectivity, and amenities.

Iyyapanthangal in Chennai Entices Buyers With Connectivity

Iyyapanthangal in Chennai has gained popularity due to enhanced infrastructure and connectivity, leading to increased property prices and demand.

Residential Market Will See Price-Correction Soon

India's residential market nearing price correction due to weak home sales, forcing builders to cut prices, reports CBRE, with Mumbai, Chennai, Hyderabad, and Delhi experiencing significant sales drops.

Residential Real Estate Loses Value Appreciation: JLL

India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.

Real Estate Chennai Grows Faster Than Bangalore

Chennai's real estate market shows stability, particularly in residential sales, compared to Bangalore. High demand and limited supply in city centers drive higher rentals and property values, attracting investors.