The CMDA's Third Master Plan targets 1,189 sq km of Chennai, boosting FSI near metro hubs and introducing mixed-use zones for walkable neighborhoods. This vertical growth strategy cuts commute times and meets housing needs, but hinges on infrastructure upgrades. Discover investment opportunities in this urban overhaul.
NRIs are increasingly targeting properties along Chennai’s ECR, OMR, and Anna Nagar for their potential in rental income and capital appreciation, driven by infrastructure development and a thriving IT sector. These regions combine luxury, stability, and strategic value.
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.
CMDA approves converting vacant IT buildings in Chennai into shopping malls and office spaces, a move welcomed by developers.
The CMDA has authorized the conversion of industrial land in Guindy to residential use, potentially attracting developers amidst rising property prices.