3 bhk Houses in Velachery, Chennai

With developers focusing on reducing the cost of housing units to increase sales, the average price of new residential units that were launched in 2016 in the top eight cities of India, has dropped by 14%, as compared to the previous year, says a report by Cushman & Wakefield

Rising disposable incomes, coupled with growing interest from institutional investors, is prompting developers to build retail mall spaces, which is expected to touch around 11 million sq ft in 2017 across the top eight cities, says a survey

Madipakkam, located very close to the industrial zones and IT parks, is one of the rapidly developing areas in Chennai. The area has good civic amenities and is very well-connected to other parts of the city

Prime rental markets across India have witnessed corrections of varying degrees, with businesses adopting remote working practices, to survive during the Coronavirus pandemic

In Chennai, you can pay your property tax or ‘sotthu vari’ online and offline. The due date for payment of the tax is September 31 and March 31 every year. Read on, to know the process

The developer community in India has been in a tizzy after union minister of commerce and industry Piyush Goyal on June 3, 2020, said builders needed to sell housing projects at reduced prices and let go of the high-priced unsold stock. Will prices fall?

The RBI had permitted all banks to allow a moratorium of six months, from March 1, 2020 to August 31, 2020. This applied to all term-loans. Given that the worst of times may not be over for many borrowers, many are in favour of extending the moratorium till December 31, 2020. The Supreme Court has extended the interim order on the moratorium till October 5, 2020

A Patta is a revenue record of a piece of land, while a Chitta contains details about the area, size, ownership of the property. Since 2015, both records have been merged into a single document called Patta Chitta

We examine the options available for tenants and landlords, who may find themselves in a difficult monetary situation during the Coronavirus pandemic

We look at the reasons for the delay in the merger between the Chennai MRTS and the Chennai Metro at St Thomas Mount and the impact it will have on the real estate market in south Chennai