Tag Archives: Chennai

Four new flyovers planned in Chennai

Chennai: The city corporation will study the possibility of building four new flyovers and five pedestrian subways, mayor Saidai Duraisamy said, while presenting the civic body’s budget for 2013-2014 on Monday. Feasibility studies would be done to check the viability … Continue reading

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Property prices head north on Dwarka e-way

Hot Property Dwarka Expressway has seen a price appreciation of 50% The Dwarka Expressway, which connects south west Delhi sub-city with Kherki Daula in Gurgaon, is turning out to be hot property, literally. According to a recent survey, upcoming housing … Continue reading

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Ahmedabad sees 46% dip in launch of new housing units

There is a 46 per cent dip in the number of new residential housing units that were launched in Ahmedabad. The city is among the country’s top two housing markets – just behind Bangalore – that has seeing a maximum … Continue reading

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Real estate developer SARE Homes plans to sell over 4,600 residential units in FY13

Chennai: Real estate developer SARE Homes (South Asian Real Estate) plans to sell over 4,600 residential units this financial year, a top company official has said. SARE Homes sold about 2,000 units last year. “We are focused in residential real estate business. This year … Continue reading

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Noida Extension flats still affordable

Despite the sudden hike in the prices of Noida Extension flats after the NCR Planning Board cleared the Greater Noida master plan, the housing projects continue offering accommodation for the middle class at affordable rates. According to realtors, the rate … Continue reading

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US government likely to sell many of its real estate properties in India

The US government has hired property consultancy Knight Frank to carry out a valuation and strategic review of all its real estate properties in India, valued at thousands of crores, as a possible precursor to the sale of some assets. … Continue reading

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Economic recession forces developers to look at affordable pricing: JLL & CII study

Mumbai:  The product has to be priced appropriately to suit consumers is one of the prime lessons that recession taught real estate developers, says a study by Jones Lang LaSalle and CII. “Projects which were launched in the price band … Continue reading

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Rise in demand for office space in Chennai

There has been a marginal increase in the demand for office space in Chennai. While the suburban business district witnessed a decrease in demand for office space with absorption recorded at around 0.28 million square feet compared to approximately 0.35 … Continue reading

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Affordable housing helps realtors escape slump

India’s middle-income housing segment accounts for much of the growth in the slowing real estate sector, a top executive of the country’s biggest mortgage lender said. “Consumer sentiment is still robust. For us, there has been good growth from the … Continue reading

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Office space absorption falls in Chennai

Chennai: A looming slowdown in the IT sector and the economic uncertainty have sent absorption levels of commercial real estate space in the city into a tailspin. Chennai saw lease transactions for nearly 1.8 million square feet in the January-June … Continue reading

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