2 BHK Flats for sale in Kolathur Chennai

Those planning to invest in Chennai real estate can hardly ignore Kolathur for a number of factors. However, Kolathur's popularity basically lies in its affordability. As of September 2017, average capital value in Kolathur is Rs 5,100 per sqft. This means if you are looking for a mid-sized, regular construction, this is the average budget you should have in mind. In case you are interested, there are over 135 projects available for sale in the locality. Check out what else the locality holds for you.

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

National Building Construction Company (NBCC) is now planning to buy insolvency-hit Jaypee Infratech, a move that would help the public company to acquire land parcels in tony localities, Taj Expressway and Japyee Hospitals. NBCC will be competing with other construction majors, including L&T, Suraksha Asset Restructuring Company, Kotak group and ICUBE, which have shown interest in buying Jaypee Infratech, the sister concern of Jaiprakash Associates Limited (JAL). This is the second time process is on to acquire the insolvency-hit realtor.

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

Under the Maharashtra Housing and Area Development Authority’s housing scheme for 2018, over 1,100 low-cost apartments will be sold in December. The authority will release an advertisement on November 5 announcing the housing lottery, with about 45 days available for homebuyers to apply. This year, about 500 units will be reserved for low-income group with 283 units for the economically weaker sections. MakaaniQ tells you all about the Mhada Lottery Scheme 2018 and the process for application.