June 11, 2024: Real estate developer DRA Homes is planning to develop 400 sea-view apartments on OMR, Chennai. The announcement comes after the company’s purchased 3.43 acre of prime land in Navalur. Spread over … READ FULL STORY
In the vibrant fabric of Chennai’s real estate landscape, a new star is on the rise, illuminating the city’s skyline with promise and potential. The Vandalur-Kelambakkam Road, once a quiet region with Pallava-era roots, … READ FULL STORY
South India-based real estate firm G Square on April 19, 2023, announced the launch of G Square Ambrosia in Chennai’s Padur. Spread across an area of 4.2 acre, the project will feature 120 residential … READ FULL STORY
Old Mahabalipuram Road (OMR) is one of the hottest residential locations in Chennai for end-users as well as investors. OMR realty market is popular for its scenic sea-facing residential properties. There are several advantages … READ FULL STORY
In 2018, the real estate sector’s focus was on ensuring affordability of homes, balancing the impact of the Goods and Services Tax (GST) and improving sales, while also witnessing the fallout of the liquidity … READ FULL STORY
India witnessed a gross leasing activity amounting to 50 million sq ft in 2018, across the major seven cities, the highest in the past eight years, driven by buoyant leasing in Bengaluru and Delhi-NCR. … READ FULL STORY
Ascendas-Singbridge Group, on January 3, 2019, announced the acquisition of a 12.20-acre land parcel in Chennai. Acquired from GSquare Group, the land parcel is strategically located on the Pallavaram–Thoraipakkam Road (also known as Radial … READ FULL STORY
India witnessed a robust demand for office spaces in Q3 2018, recording approximately 12.3 million sq ft of gross absorption, indicating a 23 per cent growth over the corresponding period in 2017. As a … READ FULL STORY
As a general trend, employment opportunities in an area have a significant impact on property demand – higher the job opportunities available in an area, greater is the demand for properties in its vicinity. … READ FULL STORY
Prestige Group, on March 22, 2018, announced the launch of Prestige Courtyards, located in Sholinganallur, just off the Old Mahabalipuram Road, christened as Chennai’s IT corridor. Spread across 11.32 acres, Prestige Courtyards comprises of … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … 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
The 11-km stretch of the Old Mahabalipuram Road in the (OMR) Post-Toll market, is likely to cause the linear growth pattern of the OMR to diverge. Being strategically placed and well-connected to the key … READ FULL STORY
