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Eden Park in OMR The Old Mahabalipuram Road (OMR) is a popular hub for IT infrastructure facilities in Chennai. This has led to a boom in the demand for quality housing along that stretch. L&T’s real estate property division L&T Urban Infrastructure Limited and its partner companies re-inventing the concept of urban living with Eden [...]

Adora Akshaya Homes in OMR Akshaya Homes is one of the trustworthy builder in Chennai. Akshaya is one of the high end builders in Chennai and are quiet known for thier documentation, not deviating from approved plans etc. Akshaya Homes has brought a new residential project ADORA in Chennai.Akshaya Adora offers 3 BHK apartments varying in [...]

It is predicted that there may the 15-20% price reduction in the real estate because of the less demand and the supply is more. The recent statistics shows that all over India there is more than 2lacs houses ready to occupy stage. There is not many buyers willing to buy in coming months. They have [...]

Located in the fringe of Central Business District, close to C.V. Ramnagar, loaded with all amenities to fulfill every desire of a great living with style is East Parade. independent house to maximize ventilation and sunlight. Location:   Vignan Nagar, Near C.V.Raman Nagar. Land Mark: Near Adarsh Vista and Tata Sherwood Total Land Area: 7 Acre [...]

I am writing this post to share few of my experiences while searching the rental house in Chennai. I stayed in Bangalore for the past couple of years and I have paid the rent of Rs.10500 in HSR Layout. The location and area is very nice I felt it is worth paying that much rent. [...]

The minister for housing and urban poverty alleviation, Kumari Selja has announced a model bill for regulating the real estate sector by August-September timeframe. Talking about the 100 day agenda for her ministry, Selja said that the Model Bill would propose a regulator and aim to address the concerns of consumers as well as the [...]

State Bank of India has launched two special home loan schemes that assure low interest rates in the first three years, upping the ante for its rivals in the mortgage market that has turned bullish following a pick-up in home sales in May. SBI Easy Loan for amounts up to Rs 30 lakh and SBI [...]

Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the building industry’s focus on affordable housing start to lure buyers back into the market. A cross section of banks, property developers and real estate consultancies that SundayET spoke to confirmed that the rise [...]

The real estate sector plays a significant role in India’s economy. Almost 5% of the country’s gross domestic product (GDP) is contributed by housing alone and an unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times the increase in expenditure. According to [...]

Demand in the Indian residential market is expected to turn positive in 2010 due to improvement in affordability, steady economic growth and greater liquidity, says a Crisil research report on the real estate sector. However, the decline in the currently overpriced capital values of all three real estate segments of residential, commercial and retail will [...]