News articles tagged Tamil Nadu

Vellore Airport Inauguration Fueling Regional Property Prices and Development

The newly inaugurated Vellore Airport under UDAN scheme boosts real estate demand, with rising property values in Abdullapuram vicinity. Enhanced connectivity attracts developers and investors, driving residential, commercial and industrial projects in Tamil Nadu's growing hub.

TIDEL IT Park in Mattuthavani Fuels Real Estate Growth in Madurai

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.

Tamil Nadu government plans to boost revenue via property registrations

Tamil Nadu's Minister for Commercial Taxation reviews strategies to boost property registration revenue post-COVID-19, with measures to streamline processes and enhance efficiency.

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

TNRERA Denies Compensation for Delayed Delivery and Lack of Car Parking

Ban on registering the Unapproved plots in Tamil Nadu

The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.

Japanese firm shortlisted to set up facility at OneHub

Japanese firms Hitachi, Takasago, and Ajinomoto plan to establish manufacturing facilities in OneHub Chennai, a 1,550-acre integrated industrial township.

Salarpuria Sattva Group eyeing to enter Coimbatore real estate market

Salarpuria Sattva Group ventures into Coimbatore's real estate market, focusing on affordable housing between the railway station and airport, amidst industry growth and unsold inventory.

Centre pins hopes on land bill to resolve Gail issue

The Central Government aims to resolve issues with the GAIL's Kochi-Bangalore gas pipeline project, facing opposition from farmers and the Tamil Nadu State Government.

McDonald's to invest Rs.265 Cr for expansion

McDonald's India plans to invest ₹265 crore to expand its presence in South and West India, aiming to reach 250 stores by March 2015.

Walmart Anxious Over States’ Veto Power On FDI

Walmart and the US government have expressed concerns to the Indian government regarding state veto power over FDI in retail. This power creates uncertainty for foreign investors like Walmart, who are hesitant to enter the Indian market due to varying regulations across states.

Property prices in Coimbatore may get hike

Real estate prices in Coimbatore have increased 25-30% due to rising land, material, and labor costs, impacting affordability and the middle-income segment. Developers emphasize the need for infrastructure development to mirror Chennai's growth.

CREDAI Report on Application of Service Tax

CREDAI warns that property prices may rise by 2.5% due to the new service tax implemented from July 1, 2010, which will ultimately burden buyers.

IREO to invest 500 million dollars

IREO to invest $500 million in Indian infrastructure projects, adding to its existing thirteen projects and planned IT SEZ in Pune.

Mantri Developers Bid For Land In Chennai

Mantri Developers has secured a 4.9-acre plot in Siruseri IT Park for Rs 10.5 crore per acre, setting a new benchmark for Chennai's real estate market.

BOA For SEZ Approved 29 Proposals

The Board of Approval for Special Economic Zones approves 29 proposals, including permissions for IT/ITeS SEZs in Kerala, Andhra Pradesh, and Gujarat.

Indo-Rama Plans To Set Up 200 Retail Stores

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.

Investors Searching Different Investment Options

Investors seek higher returns in tier-II towns, opting for fixed deposits in big jewelry chains over conventional bank deposits, citing trust and safety concerns with unregulated companies, including real estate firms.

Small Towns More Than Match Marketing Potential Of Metros

51 Indian districts, including Tiruchirapalli, Amravati, Bhavnagar, Kamrup, and Jabalpur, hold significant market potential, almost double that of the top four metros combined.

Sobha Looks Forward For Slum Redevelopment

Sobha Developers planning expansion into SEZs, retail, and commercial projects across multiple cities with significant investment plans

Milestone Capital To Invest In Tamil Nadu Real Estate

Milestone Capital Advisors plans to raise Rs 10 billion for investments in real estate projects across tier-II and tier-III cities in Tamil Nadu, focusing on affordable housing.