With the final flag-off of the last stretch of the Blue line metro corridor in Chennai between AG-DMS, Washermanpet, the realty market of the surrounding areas is all set to receive a major boost in coming few years. The Blue line which is also touted as the lifeline of the city is a 45 km […]
Continue ReadingWith Chennai becoming a desirable employment location among many working professionals, the need and demand for homes are increasing at a faster pace. This has also resulted in a boost in the real estate market of the city in the last few years. In recent times, many suburban localities have emerged in the city which […]
Continue ReadingIn recent years, the real estate market of Chennai has seen many revivals and changes due to various infrastructural developments. Maybe residential or commercial, the property market has registered appreciation in prices as well as better return on investment too. In order to strengthen the market more, both the central and state government has planned […]
Continue ReadingThe Motilal Oswals’s real estate arm, Motilal Oswal Real Estate (MORE) made an investment of Rs. 83 crore as mezzanine debt in three projects that are being developed by the Radiance Group in Chennai. This investment is made by the private equity real estate fund through India Realty Excellence Fund III (IREF III) and India […]
Continue ReadingIndia’s noted manufacturer of dry cell batteries, Eveready Industries has signed a mega land deal with Alwarpet Properties Private Limited, wherein the group has sold off a land parcel to the property firm for a whopping Rs. 100 crore as per the reports. The deal is considered to add more momentum the Chennai’s real estate […]
Continue ReadingAccording to a recent report by a real estate firm, Chennai Metropolitan Development Authority (CMDA) is currently working to generate investments more than Rs 25, 000 crore so as to give a massive boost to the Chennai real estate sector. The authority has already garnered these investments within 2 months before the second edition of […]
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