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Top real estate articles

  • 15th Nov 17

    The Link Between Rising Pollution Levels And Home-Buying

    Times have changed, and people do not make their choices in picking property entirely based on the unit, the location and the price. Other important factors such as pollution levels have begun to matter, too, to a new-age homebuyer. As we move towards paying serious attention to more important questions than the basic ones that involve budget, area and location, we might find ourselves in a much precarious situation. Cities will have to do much more to make sure they stay livable. The progress made by New York in this regard could be an example for other cities.
  • 25th Oct 17

    Are You Using A Basement For Residential Purpose? It Is Illegal

    The growing demand for living space, especially in the rental segment, has led to letting out of basements for dwelling purposes. Basements are a lower storey of a building that is completely or partially below the street level. New constructions, especially builder floors, now have a basement space. But, did you know, it is illegal to use a basement for residential purposes? According to the National Building Code, basements can only be used legally for commercial purposes, storage, parking, cellar, dark room or a space where air conditioning machinery can be installed.
  • 2nd Nov 17

    Prices Stable, Best Time To Put Your Money In Ahmedabad's Vejalpur

    Located in the new west zone of Ahmedabad, Vejalpur is one of the high-potential property markets. A homebuyer can easily zero-in on a 1,200-1,300 sq ft apartment for Rs 40-45 lakh in this locality. Thanks to the stable real estate market scenario, the prices in this locality have not increased in the past three years and this could be an opportune time to enter the market and own a property in this growth-oriented area.
  • 6th Nov 17

    SC Demands Details From Centre On Waste Management Rules In Cities

    India generates about 60 million tonnes of solid waste in a year which has been a major source of several diseases such as Malaria, Dengue and Chikungunya. Recently the Supreme Court sought details from the Centre on steps taken to implement Solid Waste Management rules across the country, citing lack of waste management as the cause for several vector-borne disease related deaths. The number of deaths has increased in states like West Bengal, Tamil Nadu, Kerala and Maharashtra. The core solution focuses on organized garbage and waste management at source, particularly in housing societies and commercial establishments.
  • 2nd Nov 17

    LEDs In Your Home May Not Be Energy Efficient. Read This

    A recent report by Neilsen, covering four major Indian cities —Delhi, Mumbai, Ahmedabad, and Hyderabad, says 76 per cent of LED bulb brands and 71 per cent of LED downlighters brands across 200 outlets in these cities have been found to be non-compliant on consumer safety standards. These standards are prescribed and mandated for lighting products by the Bureau of Indian Standards and the Union Ministry of Electronics and Information Technology. According to the report, “the spurious products impact government’s tax revenue collections, defeat investment objectives and go against the ‘ease of doing business’ philosophy”.

Localities comparison in Chennai

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Locality name

price

Growth

Available properties

Velachery

13,537 - 50,37816.5%

Thoraipakkam OMR

16,333 - 43,74823%

Sholinganallur

13,600 - 33,889-4.2%

Guduvancheri

11,427 - 15,9737.7%

Padur

8,324 - 35,2949.7%

Kelambakkam

16,583 - 24,250-30.1%

Maraimalai Nagar

17,500 - 18,1678.1%

Singaperumal Koil

13,143 - 15,71419.3%

Chengalpattu

7,00015.1%
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