Posts Tagged ‘Property in Chennai’
Wednesday, May 18th, 2011
Residents of Manapakkam and surrounding areas are pinning their hopes on new chief minister J Jayalalithaa to go ahead with the second airport at Sriperumbudur.
The residents will get back their 900 acres of land marked and frozen for acquisition for three years at Manapakkam, Gerugambakkam, Kovur and Kolapakkam to build a parallel runway for the existing airport if the state government decides to go ahead with the new airport. The parallel runway work may not be taken up if the second airport materialises.
Nearly 1,000 families who have bought land and houses through bank loans are repaying the loan even though they have no clue whether they will come to own the property in the future.
“We are planning to meet officials of the new government after they settle down. AAI will also submit the ICAO report to the government by that time, said Vijay Kumar, vice president of Marvel River View County Owners Welfare Association at Manapakam.
The Airports Authority of India (AAI) had put the plans to build a parallel runway on hold and announced that they would not prefer to have a new runway at the existing airport if the state government went ahead with the proposed airport at Sriperumbudur.
More News: timesofindia
Tags: AAI, Airports Authority of India, existing airport, ICAO report, Manapakkam, Marvel River View, Owners Welfare Association at Manapakam., parallel runway, Property in Chennai, Sriperumbudur
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Friday, May 13th, 2011
Footwear and accessories brand Pavers England is looking to move from Chennai to Mumbai. The company is planning to move their marketing, merchandizing and branding divisions to their Andheri office, which houses their regional sales team. This announcement comes soon after FMCG company Cavin-Kare announced that it would be moving its sales and marketing team to Mumbai.
“We’re planning this move in the next six months or so. It is extremely difficult to attract talent, particularly in these divisions, in Chennai,” said Utsav Seth, CEOMD of Pavers England. Cavin-Kare also cited the same reason for moving to Mumbai. The FMCG company’s CMD C K Ranganathan had told TOI that the inability to attract the right talent to Chennai had begun affecting the company’s growth. “We sometimes take six to nine months to fill positions just because people aren’t willing to move here,” Ranganathan had said. “Even when advertising agencies transfer someone whom we want to work with to Chennai, the person quits the next day.”
For both these companies, the move to Mumbai would be significantly more expensive, especially since real estate costs are substantially higher when compared to Chennai. “But if you have to grow, you have to choose value over cost,” said Seth. “Even if we manage to attract talent to Chennai, attrition is much higher when compared to local population.”
More News timesofindia
Tags: Cavin-Kare, CEOMD, Chennai, Chennai Brand Factory, FMCG, marketing team, Property in Chennai, TOI
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Wednesday, April 13th, 2011
Residents of Tagore Nagar have been fuming over the irony of their situation for years. They live near Kilpauk Water Works but do not get proper drinking water because of the feeder main project has not been maintained.
“We have to hire someone to bring water in pots, Most of the time we use borewell water for cooking. It is hard water but we don’t have a choice. We buy drinking water.”
K Ramadoss of the North Chennai District Exnora said that this is because of poor maintenance of the feeder main project, which was taken up to provide water to residents at the end of the area. “Illegal stormwater drain connections have caused a lot of damage and resulted in the mixing of drinking water with sewage water,” he said. “Recently the chief engineer told us that the line would be made concrete so illegal connections cannot be given. We hope this will solve the issue.”
Incomplete ambitious road projects and improper maintenance of public works are the main problems facing residents of Villivakkam Assembly constituency, which has about 1.8 lakh voters.
More News: timesofindia
Tags: Kilpauk Water Works, Property in Chennai, Tagore Nagar, Villivakkam
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Thursday, February 17th, 2011
Malles Anantya lies in the heart of T.Nagar and in the business centre. The biggest advantage of this project is close to hub of shopping centre of Chennai, schools, transportation, and major areas such as T.Nagar, Ashok Nagar and K.K.Nagar. Malles Anantya has excellent amenities such as swimming pool, Landscape Garden, kids play area and offers 3 BHK apartmens range of 1237 sq ft to 1279 sq ft @ Rs 11750/sqft.
Malles Constructions, incorporated in the year 1980, is today 29 years strong with trust and quality as its solid foundations. The company has grown to become one of the leading quality conscious construction companies in Chennai city.The company has executed over 94 projects. Compromising over one million sq. ft. Malles Constructions has a pool of talented personnel who ensure that each and every construction activity is done with best craftsmanship and in detail. In this challenging and highly competitive environment, Malles Constructions’ assurance to quality conscious homebuyers is that their hard-earned money will always get them the best value. The company’s journey in to the future is marked with exciting new projects.
Malles Anantya located at Tanjore Road T Nagar in Chennai.
Amenties
- Rainwater Harvesting
- Semi automatic Six Passengers Lift
- Telephone point in Living room and Master bedroom.
- Three phase Electricity supply and Independent meters.
- Garden
- Swimming Pool
- Play Area
Site Map
Floor Map
Location Map
Tags: Chennai Property, Chennai Real estate market, Malles Anantya, Malles Anantya Chennai, Malles Constructions, Property in Chennai, Real estate Chennai, T Nagar Chennai
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Thursday, January 20th, 2011
Godrej Palm Grove is a perfect blend of luxury and space. Godrej Palm Grove is leisurely spread across 12.5 acres, it offers 2BHK and 3BHK apartments with every amenity to suit your needs. In all, there are 14 towers with a maximum of 19 floors in each tower.
Godrej palm grove is located at Chembarambakkam in Chennai. It offers 2BHK @ Rs 3200/sqft ranging 1187.29 sq ft to 1222.73 sq ft and 3BHK @ Rs 3300/sqft ranging 1426.11 sq ft to 1489.09 sq ft. The project is brought to you by Godrej Properties. Godrej Properties Ltd. (GPL) is the first real estate developer in the country to have ISO certifications.
Amenities
Godrej Properties Limited (GPL) was established in 1990 as a premier real estate development within Godrej group of business and has since developed a strong national presence. Godrej has been a trusted brand for customers since 1987 to deliver innovation and excellence in a broad variety of fields. GPL brings the group philosophy to the real estate industry by continually raising its performance and thereby remaining the most professional, reliable and accomplished property developer in the country. GPL consistently delivers everything it promises- good value, prime locations, excellent construction and efficient support.
Master Plan
Tags: Apartments in Chennai, Chembarambakkam, Chembarambakkam Chennai, Godrej Palm Grove, Godrej Properties, House in Chennai, Property in Chennai, Real estate Chennai
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Thursday, January 20th, 2011
Doshi Oriana, a residential project in Perungudi, is fully in tune with new lifestyles and understands how important time is for everyfamily. The Project ‘Doshi Oriana’ has 60 apartments in the 2BHK category spread over 13.5 grounds, Comprising of 2 buildings of Stilts plus 4 floors. The size of the apartment ranges between from 930 to 945 sq.ft. Doshi Oriana offers 2 bedroom apartments with excellent amenities such as Air Conditioned Gym, table tennis Court, outdoor children play area, party hall, backup generator, wi-fi internet connectivity, intercom & telephone and more.
Distances
- Abacus School – 0.3 Kms
- OMR – 0.8 Kms
- Thoraipakkam Pallavaram Road – 1.0 Kms
- Life Line Hospital – 1.2 Kms
- DB Jain College – 2.2 Kms
- Taramani MRTS Station – 3.1 Kms
- Tidel Park – 4.5 Kms
- Adyar (Madhya Kailash) – 6.5 Kms
- ECR – 6.5 Kms
- Sholinganallur Junction – 7.8 Kms
- Pallavaram Railway Station – 10.2 Kms
- Airport – 14.3 Kms
Amenities
- Air Conditioned Gym,
- Table tennis, Outdoor children play area,
- party hall,
- backup generator,
- wi-fi internet connectivity,
- intercom & telephone.
Doshi Housing is today an established and acclaimed organization known for its transparency. In its 25 years history it has instilled happiness in over 2000 families. And has delivered over 2 million sq. ft. of constructed space (Most of them being landmarks in the city). Backed by a tradition of trust and a heritage of credibility, Doshi Housing with its stringent quality standards, continues to build a better tomorrow and a better world.
Location
Master Plan
Tags: Apartments in Chennai, Doshi Housing, Doshi Housing Chennai, Doshi Oriana, House in Chennai, Perungudi, Perungudi Chennai, Property in Chennai, Real estate Chennai
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Tuesday, January 18th, 2011
Parsvnath Developers, New Delhi-based real estate company, is planning to generate revenues worth Rs13,000 crore in the next two years.
The company, which currently has debt of Rs1,100 crore, also plans to become completely debt-free by March 2013. The revenues were Rs455 crore during first six months of the current fiscal.
“About 80 million square feet (msf) is on fast-track execution, which we plan to complete by March 2013. Out of this, 40 msf is pre-sold and will generate Rs4,000 crore for us. The remaining 40 msf will generate another Rs9,000 crore. So as of now, we are focusing to complete the 80 msf and generate large cash for the company. The moment we achieve this, our balance-sheet will be completely debt-free with large cash reserves,” said Pradeep Jain, chairman, Parsvnath. The company owns a total of 195 msf.
The properties are mainly located in Delhi and the National Capital Region.
On debt reduction plans, Jain said, “Our debt position is very comfortable. From a peak of Rs2,200 crore, we are almost half at around Rs1,100 crore as of now. By the end of this calendar year, we hope to bring the debt at around Rs500-600 crore.”
The current debt-equity ratio of the company stands at 0.43%.
More News
dnaindia.com
Tags: Chennai, Parsvnath Developers, properties in Delhi, Property in Chennai, Real estate Trend
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Friday, January 7th, 2011
Borrowing to buy a property is going to become a costlier affair.
In late November, soon after environment minister Jairam Ramesh gave the green signal for Mumbai’s second airport, property prices around its location shot up by 20 percent. This was the same area that, even six months ago, real estate consultants and analysts were advising investors to stay away from. They reasoned that the prices had run up way too quickly. Today, the same professionals are recommending buying select properties in the same area at higher prices. The airport example is illustrative of the shape of things to come in 2011 for real estate buyers, both residential and commercial.
As metros like Mumbai, Delhi and Chennai are retrofitting old buildings and seeing an infrastructure upgrade, a lot of real estate action is becoming visible.
While the investor can put money in stocks of real estate companies or invest in a private equity fund to play the property market, these still remain niche opportunities. For the vast majority, investment in land and concrete is the preferred option. So, what should be their strategy in 2011?
To begin with, initial signals are mixed. After a long while, Housing Development Finance Corp. (HDFC), the king of mortgages, is offering to pay a 9 percent annual interest to fixed deposit holders. This could mean that the company will eventually lend at 11 percent upwards. In short, borrowing to buy a property is going to become a costlier affair.
Read More
business.in.com-investment guide-2011
Tags: Chennai Metro, Chennai Real estate market, Home Loans going to become a costlier, Infrastructure upgrade, Property in Chennai, Property Price, Real estate Trend
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Wednesday, December 22nd, 2010
DLF Garden City is a premium residential township with a appending Spanish style of architecture against a backdrop of fabulous gardens. The signature development is brought to Chennai by DLF Homes, pioneers in building India’s finest residential enclaves and urban infrastructure. DLF has a 60-year history of service excellence. DLF Homes provides a wide range of products including condominiums, duplexes, row hoses and apartments of varying sizes, with a focus on the higher end of the market.
DLF Garden City offers 2 and 3 bedroom apartments designed to suit a modern lifestyle. Ranging form 1170 to 2012 square feet, they are superbly planned with separate drawing and dining areas, a kitchen attached to the dining space. DLF Garden City, Offering unparalleled lifestyle privileges such as having the prestigious PSBB Millennium school, Chennai’s finest club, excellent shopping centre and healthcare facilities, all with in the township. Gardencity comprises six unique blocks, each planned around an exclusive green space. Inspired by the colours in nature and the garden, these homes reflect a distinct individuality and landscape ethos.
DLF Gardencity, is located on the prestigious 6 lane IT Corridor also called Old Mahabalipuram Road (OMR). OMR Chennai starts from Madhya Kailash Temple Junction and connects with Tirupporur-40 kms away, airport-20 km, Egmore railway station-30 km, Chennai central bus stand-35 km, Satyabhama university-2 km and distance form Tidel park is 15 km.
Amenities:
- Creche withe separate children’s toilet
- Swimming Pool-Master and Paddle
- Children’s Play AreaSquash Courts
- Library
- Banquet hall
- Bar
- Multicusine Restaurant
- Guest Room
- Gymnasium
- Aerobic
- Yoga
- Table Tennis
- Billiards room
- Card room
- Computer/Internet Room
- Tennis Court
- Badminton Courts
- Exclusive basement parking for club members
Price
| Type |
Size
(in sq ft) |
Amount
(Rs 3000 per Sqft) |
| 2 BHk+2 Toilet |
1170 sq ft |
Rs 35,10,000 |
| 2 BHK+ 2 Toilet |
1229 sq ft |
Rs 36,87,000 |
| 3 BHk+ 2 Toilet |
1505 sq ft |
Rs 45,15,000 |
| 3 BHK+ 3 Toilet |
1825 sq ft |
Rs 54,75,000 |
3 BHK +1 servant room
+ 3 Toilet |
1938 sq ft |
Rs 58,14,000 |
3 BHK +1 servant room
+ 3 Toilet |
2012 sq ft |
Rs 60,36,000 |
Layout Plan
Master Plan
Typical Plan
| 2 Bathroom
|
3 Bedroom + 2 Bathroom
|
| 3 Bedroom + 3 Bathroom
|
3 Bedroom + 3 Bathroom + Servant Room
|
Tags: Chennai, Chennai Property, DLF Garden City, DLF Garden City Chennai, DLF Garden City OMR Chennai, DLF Homes, House in Chennai, New Projects, Property in Chennai, Real estate Chennai
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Wednesday, December 22nd, 2010
Unitech Unihomes in the South of Chennai is latest in the series of affordable housing launches from the house of Unitech. Unitech Unihomes is located in Nallambakkam adjacent to Uniworld City (a 250 acre Unitech township). It is well connected with OMR on 1 side and GST Road on other and is located close to SIPCOT IT park. Besides this, ‘UNIHOMES’ is strategically located with a wide independent access road. The area has premium health centers, commercial & shopping complexes, education facilities and much more in the vicinity. Unitech Unihomes is an affordable homes project next at Nallambakkam on the Nellikuppam road, South from Kandigai on Vandalur-Kelambakkam road. It offers 2 & 3 BHK at affordable price starting from Rs. 13.96 Lakh onwards.
Unitech Builder is the one of largest real estate Developer in India with a market capitalization of around US$ 5 bn. It has experience of over 20 years in real estate development turbing many a barren landscapes into landmarks. Unitech Builder is ranked among the Top 50 real estate companies in the world.
Amenities
- Shuttle bus to strategic junctions
- Medical facility & Convenience Shopping
- ATM / Bank
- Garden
- Swimming Pool
- Play Area
- 24Hr Backup
- Gymnasium
Price Starting at Rs. 13.96 Lakh onwards
| Type |
Size
(in sq ft) |
Amount
@ Rs 1980/Sqft |
| 2 BHK |
700 sq ft |
Rs 13,86,000 |
| 2 BHK |
715 sq ft |
Rs 14,15,700 |
| 3 BHK |
981 sq ft |
Rs 20,65,005 |
| 3 BHK |
995 sq ft |
Rs 20,94,475 |
Unitech Unihomes Finishes
Key Plan
Master Plan
Floor Plan
Type A
Type B
3 BHK
3 BHK
Tags: Chennai, Chennai Property, House in Chennai, Nallambakkam, Nallambakkam Chennai, Property in Chennai, Real estate Chennai, Unihomes, Unihomes Nallambakkam, Unitech, Unitech Builder, Unitech Unihomes, Unitech Unihomes Chennai, Unitech Unihomes Chennai Nallambakkam
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