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Real estate firm Ozonegroup is all set to commence its Rs 2,500 crore residential project in the city on 42 acres of land. The project, ‘The Metrozone’ at Anna Nagar, would have 1,600 apartments across 29 towers. “This is our flagship project in city and the total project cost is Rs 2,500 crore’’, Ozonegroup Managing [...]

At DLF’s Garden City-branded project on Old Mahabalipuram Road near Chennai, around 560 customers want to exit from the project. While DLF Ltd, the country’s largest listed developer, maintains its cash flow will not be impacted by a mass exit of buyers from its projects in Chennai and Gurgaon, analysts have started to factor in [...]