Real Estate in Chennai
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Land/plot registration guiding estimate amount reduced by 33%
An information is gathered that the state cabinet ministry has approved to reduce the guiding estimate amount for Land/plot registration by 33%.
Posted On :09/Jun/2017 9:54:43 AM
CMDA extends validity of planning permission of projects
The validity of planning permission of projects that have got expired on 30th March is extended by 2 more years by the Chennai Metropolitan Development Authority.
Posted On :08/Jun/2017 12:08:10 PM
Alert about Real Estate Draft Rule by end of May, says Minister Venkaiah Naidu
By end of this month, please notify the draft rules structured as per the Real Estate Act pleas Union Urban Development Minister M. Venkaiah Naidu to the Tamil Nadu government. If undone, it may hit the registration of properties, he alerts.
Posted On :15/May/2017 2:41:24 PM
TN is still pending to make Real Estate Act notification
Notifying the Real Estate Act, 2016 is still pending by Tamil Nadu. The draft rules were initially released.
Posted On :02/May/2017 4:59:36 PM
Real Estate regulation Act implemented from today
The Real Estate Regulation and Development Act, drafted and passed by the central government is effective from today (Monday, 1st May).
Posted On :01/May/2017 5:11:35 PM
Chennai High Court - Ban again on plot registrations
The Chennai High Court has informed that the ban on the registration of unapproved plots will continue.
Posted On :21/Apr/2017 5:25:12 PM
Serious troubles faced by construction sector in Chennai
Construction sector in Chennai is facing severe crisis due to a number of factors such as increase in guideline value, taxation system, price hike of cement, etc.
Posted On :06/Apr/2017 2:47:23 PM
Land registrations not affected because of the demonetization
The impact of demonetization of Rs 500 and Rs 1,000 currency notes on the residential real estate segment is very less. Registrar has mentioned that the land registrations were not affected.
Posted On :16/Nov/2016 12:59:13 PM
Annual property fair to begin from Feb 19 at Chennai Trade Centre
Confederation of Rea Estate Developers Association of India (CREDAI) will be organizing their annual property fair, Fairpro, which will be held from February 19 to 21 at Chennai Trade Centre.
Posted On :17/Feb/2016 10:39:31 AM
Huge dip in realty sector, report
There is a five-year low in demand and supply in real estate industry as there is not enough interest shown by homebuyers and developers, according to a report rolled out by international consultant Knight Frank on Thursday.
Posted On :30/Jan/2016 3:44:50 PM
