Madras High Court rejects bail for Pon Vasanth, husband of Madurai Mayor Indrani, in the ₹200-crore property tax scam case. The SIT probes software manipulation causing massive revenue loss; opposition parties demand transparency in the ongoing investigation.
G Square unveils Golden Acre, a 503-unit premium villa community across 26.24 acres in Cumbum, Theni district, featuring 50+ amenities and ready-to-build plots with 100% legal documentation and major bank approvals.
Madurai's residential property market now offers affordable entry-level options starting at ₹4000 per square foot, positioning the temple city as South India's emerging investment hub.
Karuppayurani suburb witnesses surge in 2BHK-3BHK demand driven by affordability, infrastructure proximity, and DTCP developments attracting first-time buyers.
Madurai’s real estate growth accelerates through expanded infrastructure, DTCP plots, and smart city initiatives. TIDEL IT Park, Vande Bharat connectivity, and arterial roads boost mixed-use projects, positioning the city as South India’s top investment hotspot.
G Square Fortune City’s record-breaking sale of 500 plots worth ₹122 crore in 72 hours underscores Madurai’s rising demand for DTCP-approved plotted developments near IT hubs and commercial zones.
Madurai is emerging as a key real estate hub in South India, driven by infrastructure upgrades, strategic land acquisitions, and growing interest in plotted developments. Despite national downturns, SKT Realtor reports sustained investor demand in both residential and commercial sectors, supported by affordability and economic growth.
The CREDAI Fairpro 2025 from Jan 31-Feb 2 showcases Madurai's growing real estate market with over 40 developers offering 100+ projects. Discover apartments, plots, and villas ranging from ₹20 lakh to ₹2.5 crore, exclusive loan deals, and TNRERA-certified homes.
Madurai’s TIDEL IT Park promises 10,000+ jobs, driving demand for housing, commercial spaces, and land, set to transform the city’s real estate landscape.
Madurai has seen a significant increase in apartment sales over the past two years, driven by improved connectivity and urban expansion. Large complexes are in high demand, with both core and suburban areas experiencing growth.
Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
Indo Rama Retail Holdings to open 200 stores across India in 3 years, targeting tier-2 and tier-3 cities, with investments up to Rs 40 lakh per store.