A Supreme Court bench, comprising chief justice Dipak Misra and justice AM Khanwilkar, on February 16, 2018, asked Omshakthy Agencies (Madras) Pvt Ltd to deposit Rs 90 cores after Unitech Ltd informed the court … READ FULL STORY
After spending four decades in the corporate sector, Anthony Raj discovered the beauty and benefits of indigenous architecture, while constructing his own farmhouse. This led him to set up the Centre for Indigenous Architecture … READ FULL STORY
Sobha Limited has launched a new villa project, Sobha Gardenia in Chennai. The project, located at Vengaivasal, will offer 79 lifestyle villas, of 2, 2.5, 3, 3.5 and 4-BHK units. Spread over 6.85 acres, … READ FULL STORY
Coming to the rescue of a 66-year-old man, fighting a legal battle for more than five years, to take possession of his property in a prime area in Chennai, the Madras High Court has … READ FULL STORY
Embattled real estate firm, Unitech Ltd, on January 29, 2018, told a Supreme Court bench headed by chief justice Dipak Misra that it was negotiating with a company, to sell two portions of it … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Gurugram was the only city to witness improvement, both, in new launches and sales, by 55 per cent and 27 per cent, respectively, in 2017, according to the ‘Realty Decoded Report’ for Calendar Year … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
Pallavaram is emerging as an attractive residential realty destination in Chennai, which is witnessing good demand from home buyers. The vast employment opportunities around this region, is the primary driver for demand in this … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
The Madras High Court has said regularisation of unauthorised plots can be allowed under section 113-C of the Tamil Nadu Country Planning Act, only if there is no violation of construction in such plots. … READ FULL STORY
With the help of over 200 employees, Saahas Zero Waste (SZW), a for-profit social enterprise, manages over 25 tons of waste per day across Bengaluru and Chennai, through recycling and composting. “Waste is one … READ FULL STORY
