Chennai's real estate sector integrates sensorless technology to optimize energy use, enhance operational efficiency and redefine smart building standards in 2025.
The upcoming 463 km Mysore-Chennai High-Speed Rail corridor is set to revolutionize connectivity between key southern cities, boosting property values and attracting investors. With reduced travel time to just 1 hour 10 minutes, this infrastructure project may transform real estate dynamics in Karnataka and Tamil Nadu.
Chennai's luxury real estate market experiences record demand as premium housing purchases surge, driven by economic confidence, lifestyle aspirations, and technological advancements.
Despite an 8% year-on-year increase to 16,729 units in H2 2024, Chennai's housing market maintains healthy sales velocity, indicated by a 4.3-quarters QTS metric. Developers refocus on affordable mid-range projects amid stable demand but slower absorption rates compared to competitive metro markets.
Kanchipuram leverages Chennai's booming real estate market, leveraging strategic infrastructure and industrial growth to attract investors seeking affordable properties with high appreciation potential. As Chennai's housing demand overflows, this historical city transforms into a prime investment destination.
The Chennai Metro's expansion boosts property values in accessible areas, driving demand for residential and commercial spaces while fostering sustainable urban development.
Suburban areas of Chennai have seen remarkable price growth, driven by improved connectivity and demand for larger homes, outpacing central areas.
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.
India's office sector is on the rise, with REITs significantly expanding portfolios and demand projected to exceed 70 million square feet by 2024.
Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.
Indian real estate began 2024 strongly, with residential property demand rising despite price increases. Top cities saw increased housing sales, indicating market resilience.
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.
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.
Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.
The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.
The central government's Vande Bharat Express initiative continues to expand with the inauguration of nine new train services on September 20, 2023, increasing the total operational trains to 34. These semi-high-speed trains aim to enhance connectivity and convenience for travelers across the country.
India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.
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.
Chennai's SPR Highliving District, home to the city's tallest building, offers luxury living, extensive amenities, and a commitment to modern urban infrastructure.
Lakeview County apartments offer a refreshing alternative to metro living, boasting serene environments, lower property taxes, and potential for passive income through rentals.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
TNRERA Denies Compensation for Delayed Delivery and Lack of Car Parking
Ascendas Property Fund Trustee signs a forward purchase agreement with Casa Grande Group to acquire an industrial plant in Mahindra World City, Chennai.
The Indian Railway plans a significant investment in Chennai's real estate with a new residential tower and commercial complex on Wall Tax Road.
Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.