Residential Projects/News in State Capital Region (SCR)

[R2IChennai]

Originally Posted by murlee

Construction Pics





Site: http://www.sabarifoundation.com/gallery.html

hate this ugly mid rises, why bother with 9 floors make it low rise 3 floors or make it atleast 20 floors (100 m )

[kannan infratech]

The max height allowed also depends on the road width & traffic in that location. Setback width from the perimeter fence also determines the max. height.

The max. height varies from site to site due to these facts. Small area sites will find it difficult to go high.

[murlee]

Property fair will be bigger this time

The annual property fair organised by the Confederation of Real Estate Developers' Association of India (CREDAI) promises to be better and bigger this year. The three-day ‘Fairpro 2012' exhibition, from February 17 at Chennai Trade Centre in Nandambakkam, will have nearly 65 developers showcasing around 250 projects. The projects are priced from Rs.10 lakh to Rs.10 crore.

Addressing a press conference here on Tuesday, N. Nandakumar, Secretary, CREDAI Chennai, said the market now is more stable and more promising than the previous years. “There is no problem with the market as such. If there are any delays in projects, it could be with the builder,” he said.

Talking about some of the challenges faced by the industry, Ajit Kumar Chordia, treasurer, CREDAI Chennai, said the steep increase in the guideline value was going to cause incredible hardship to sellers and buyers. The transaction value is only going to go up because of this.

Mr. Chordia said the industry is still waiting for clarity on the vacant land tax, especially for properties in municipalities.

T.Chitty Babu, president, CREDAI Chennai, said a legal corner would also be available at Fairpro 2012 to help prospective buyers seek any legal clarification.

As a post-Thane relief measure, CREDAI is undertaking planting of saplings on 67 km of the Puducherry – Chidambaram Road. It will also be making a contribution of Rs.2.5 crore to the Chief Minister Relief Fund.

http://www.thehindu.com/news/cities/...cle2893898.ece

[murlee]

Skypark|2 x 15fl|Pallavaram-Thoraipakkam Ring Road





Location

[murlee]

Demand for residential properties to go up

The stability in Information Technology (IT) and Information Technology Enabled Services (ITES) and the dip in inflation are expected to spur the demand for residential properties in Chennai, according to a real estate research firm.

Siva Krishnan, Head of residential services (Chennai), Jones Lang LaSalle India, told City Express on Friday that Chennai’s residential real estate market this year looked quite rosy. The increased job security in the sector has helped the real-estate market to maintain buoyancy and a positive outlook, he said.� “Over the last 12 months, it has become increasingly evident that Chennai’s residential real estate market is significantly dependent on the IT/ITES sectors. With employment stability in these sectors looking a lot better now than it did in 2010, demand for homes has now reached a comfortable and dependable growth trajectory from which developers are taking their market cues,” he said.
“We expect overall demand for residential properties in Chennai to increase once the interest rates stabilise from their current peak,” Krishnan said, in his report.

He also said FAIRPRO 2012 ( the annual real estate expo of Tamil Nadu) will give a fillip to the real estate market in Chennai in terms of clarity and benefits to the developers.

During the last six months, the real estate sector had taken a hit, as approvals were not happening. T Chitty Babu, President of Confederation of Real Estate Developers’ Associations of India (CREDAI), also highlighted this problem� recently.

However, during the last two months, things have improved and Babu said he feels that FAIRPRO will ride on the stability of the IT and ITES sectors. “We have been receiving a lot of queries from the IT sector since last quarter and this is due to the stability in this sector,” said Babu. He is also hopeful that the timing of the expo, which will begin just before the budget, will give ample time to customers to think and plan their buying decisions accordingly.

Interestingly, the preferred size for three BHK flats in Chennai has increased from 1,200-1,300 square feet during the recession to 1,400-1,500 square feet in the revival phase. The preference size for 2BHK flats has also increased from 850-950 square feet to about 1,100-1,200 square feet. “The main reason for this upgrade in preferences is increase in budgets, which was made possible by improvement in the performance of the IT/ ITES sectors,” Krishnan said.� There is a very healthy demand in the primary and secondary markets, since supply is scarce in both due to the severe lack of land within the city. Land pricing has, in fact, surpassed the buying capacity of developers and this has put pressure on their ability to come up with viable residential products. “Lack of supply and exorbitant pricing are causing both the end users and the investor segments to take a closer look at suburbs with decent infrastructure,” Krishnan said.

http://ibnlive.in.com/news/demand-fo...98-60-120.html

[ranga]

Now a condominium near the airport
Vishwakarma Properties has launched Skypark residences. Soaring 15 ceilings high, the Skypark is a Singapore-style condominium coming up near the airport. A bridge connects the two towers and to top it (quiet literally), will be a swimming pool . The structure, design and amenities have been inspired from condominiums across Singapore. "Indians are gearing up for a new lifestyle and we want to provide them with world-class amenities and a unique lifestyle concept to satiate their changing needs", says Mr Shanker, Managing Director of Vishwakarma Properties. "We are concentrating not just on the concept of an international condominium, but our focus is also on timely delivery and attention to detail." The project is expected to be completed within 24 months, from the launch date. The construction is done by the infrastructure wing of Vishwakarma, Mayan infrastructure.

Located just off GST on the 200ft Pallavaram, Thuraipakkam ring road (Gateway to the IT corridor), the project is only 3.5km from the airport and a stone's throw from railway station, schools, colleges and shopping.

Configuration: 3BHK -1371/1437/1377/2328/2323 sq.ft (101 nos); 2BHK - 1064/1120 sq.ft (100 nos)

6 exclusive Top Floor Penthouses – 2512/2172 sq.ft. with private terrace.
http://www.thehindu.com/todays-paper...cle2905285.ece

[ranga]

Godrej's first project in the city
Godrej Properties announces the launch of its first project in Chennai. The Mumbai-based real estate developer launches Godrej Palm Grove, located on the NH-4 Bengaluru highway about 25 kms from the city. Godrej Palm Grove is within the Chennai Metropolitan Development

Authority (CMDA) limits.
http://www.thehindu.com/todays-paper...cle2905278.ece
Spread across 12.5 acres, this premium residential project consists of 16 and 19 storey towers, offering a total of 1,556 modern apartments. Customers can choose from two and three bedroom apartments that range between 1,188 sq. ft and 1,489 sq. ft.

Pirojsha Godrej, Executive Director, Godrej Properties, in a press conference here says that Godrej Palm Grove is designed to combine luxury and convenience.

It has been pre-certified Gold by the Indian Green Building Council (IGBC). Larsen & Toubro, India's leading construction firm will construct this project. It is a joint venture with Addison & Co.

[ranga]

Jamals launches two projects
Chennai: Jamals has launched two residential projects “Jamals Luxor” at Kattupakkam and “Jamals Sana Homes” at Poonamallee.

Jamals Luxor is strategically situated right at Kattupakkam junction, close to Poonamallee and Porur.

Jamals Luxor consists of a wide range of two and three bedroom apartments, artistically designed.

All the 130 apartments are infused with modern amenities and highquality specifications. Jamals Luxor comes with modern amenities like Children play area, jogging track, Fitness Centre and Indoor / Outdoor recreational facilities.

Jamals Sana Homes comprising 54 two and three bed room apartments is located on the Poonamallee high road, next to the Blind School.
http://www.thehindu.com/todays-paper...cle2905281.ece

[karkal]

TN to appoint consultant for satellite town soon

http://timesofindia.indiatimes.com/c...w/11955060.cms

CHENNAI: The residents of Kuthambakkam and Narasingapuram in Tiruvallur have vowed to leave no stone unturned to make sure that the state government drops the `2,160 crore Thirumazhisai township project. However, the government is very keen to finalize a consultant within a fortnight to prepare a feasibility study for the satellite town. The Tamil Nadu Urban Infrastructure and Financial Services Limited, at the behest of the Tamil Nadu Housing Board (TNHB), is now evaluating the bids submitted by 12 agencies/individuals to build an integrated township in 311.05 acres. The land spread across Kuthambakkam, Narasingapuram, Pravatharajapuram and Vellavedu was already acquired by the TNHB .

"We are keen on the project. Concerns of the landowners will be addressed soon," a senior government official said. The board has also begun the process of acquiring 12.87 acres for laying approach roads. As owning a plot or flat has gone beyond the reach of the poor and middle income families in the expanding city, chief minister J Jayalalithaa told the state assembly in September 2011 that the state would take up housing projects like Thirumazhisai satellite town project to support the economically weaker section, and middle-income families.

The 12,000-unit town would come up close to the Chennai-Bangalore national highway. The consultant will have to prepare at least three feasibility reports with various models/concepts. At least 60% of the township area falls in Kuthambakkam village, and the rest in the other three villages. "A recent meeting between district revenue officials and land owners was futile, with the latter daring to end their lives to protest the takeover of their lands for approach roads, as well as lands already acquired," said a revenue official of Poonamallee Taluk. Though 112 acres in Kuthambakkam was transferred to TNHB eight years ago, villagers still raise crops on the land.

R Elango, ex-president of Kuthambakkam village, who is spearheading the protest, said, "Why should the government take away our farm land? The need of a satellite town is inevitable, but not at the cost of disturbing farmers' livelihoods. It will also pose a lot of environmental hazards since the project site is close to the Chembarambakkam reservoir."

[karkal]

1 BHKs become popular in Chennai

http://content.magicbricks.com/1bhks...-mb-whitelabel

With soaring property prices and high disposable incomes among young working professionals, one bedroom flats (1BHKs) are gradually becoming popular among end-users and investors alike.

Chennai, as any real estate expert will tell you, has always been an end-user-driven market. Which is precisely why 2BHKs (bedroom hall kitchen) and 3 BHKs continue to be popular here, thanks to the fact that Chennaiites have conventionally moved in with their families and preferred larger spaces.

However, parallel to the booming market for 2 and 3 BHKs, a small but steady market for 1 BHKs has evolved over the last few years. One of the reasons cited is the CMDA’s (Chennai Metropolitan Development Authority) mandate to reserve 10% of the space in larger projects for economically weaker sections (EWS). As Rajkumar Kamdar, Director, Prince Foundations, points out, “According to the provisions under CMDA’s Second Master Plan, projects spread across 2.5 acres or more must reserve 10% of their area for construction of 45 sq m units (or less) for EWS. Only one bedroom apartments can be constructed in that space. And since 2 BHKs and 3 BHKs are out of reach for the EWS (and the general public, at large), most of them feel that it makes economic sense to purchase a one bedroom apartment.”

But do these apartments necessarily cater to the EWS category? How many of them can really afford an apartment, no matter how small? Mehul Doshi, MD of Doshi Builders, believes that it depends on the location of the project. “One bedroom apartments in the heart of the city are definitely not affordable. But those in the suburbs and outskirts of the city are well within their reach,” he explains. Doshi clarifies that CMDA’s norm classifies these apartments based on size, not necessarily on income levels of buyers. So who are the buyers? Deepak Shah, Senior VP – Sales and Marketing, Prestige Estates Projects Ltd, says, “The buyer profile includes newly married couples, single working professionals from the IT sector, etc.”

These apartments also come to the rescue of bachelors (from the city and other places) who find it difficult to rent a place in the city. Suresh Jain, MD, Vijayshanthi Builders, says, “With the IT boom and the consequent influx of MNCs, owners/developers have been leasing out one bedroom apartments on OMR, GST, etc, to companies. Besides, a lot of young working professionals (from other cities) purchase one bedroom apartments in these areas and dispose of it once they leave the city.” Kamdar agrees that this is becoming a prominent trend. He says, “It serves as a small ticket investment for these working professionals. They pay EMIs instead of rentals, and since these apartments do not cost much, they do not feel financially burdened. They can either decide to keep the apartment and rent it out, when they leave, or sell it as per the market value.” Besides, with changing lifestyles and family structures, the single bedroom concept has found many takers from the younger generation.

As Deepak points out, “The emergence of nuclear families, growing trend of single men and women preferring to stay on their own, high income levels of buyers and the influx of people from other states who are keen on investing in apartments here, as opposed to paying rent, has led to an increase in demand for one BHKs.”

Whether as an investment or rental option, the saleability of one bedroom apartments cannot be overlooked. Take the Prestige Group, for instance. Their new project Bella Vista in Porur has 600 1 BHK apartments, each of which is about 600 sq ft in size. These apartments cost 25 lakhs onwards. Similarly, Osian Chlorophyll, by SPR &RG Constructions, in Porur has 232 single bedroom apartments (665 sq ft each) costing 29.9 lakhs onwards.

Prince Foundations’ Prince Village in Tondiarpet sold out its one bedroom apartments on the first day of its launch. Almost all projects have recorded good sales of one bedroom apartments. While exclusive projects for single bedroom flats may not be in the offing anytime soon in Chennai, developers are waking up to the potential of this segment. Mehul Doshi says, “We launched Doshi Etopia II on OMR a few months ago, and this project has 40 single bedroom apartments, most of which are sold. We’re planning to launch a project consisting of studio apartments and 1 BHKs in Perungudi very soon.”

Deepak Shah is of the opinion that the sector is set to grow further. He says, “As the city is on the fast track to growth and industrialisation, thanks to the booming IT, service and automobile sectors, demand for smaller houses, especially in the age group of 25 to 30, will grow.”

While many developers believe that single bedroom apartments are in vogue, thanks to CMDA’s mandate, some like Rajesh Babu, chief real estate consultant, RECS Group, are sceptical. He points out that single bedroom apartments were popular decades ago, when the apartment concept in the city came into existence. “With the introduction of G (ground floor) +3 or multistoried buildings, 2 and 3 bhk apartments grew in popularity. However, now, as per the second master plan, single bedroom flats have made a comeback of sorts but their proportions continue to be less and they cater to a small section of buyers. It will take ages for our city to even match the volumes that Mumbai, for instance, has recorded, in terms of single bedroom apartments that are popular there for a variety of reasons,” he explains.

Sandeep Pantvaidya, VP – Marketing, Sales and CRM, SPR & RG Constructions, also agrees that 2 and 3 BHKs continue to be the preferred choices. “While there is an opportunity to rent or sell single bedroom apartments as serviced apartments, it is still in its nascent stage. There isn’t much scope for further growth in this sector, otherwise.”

Opinions are divided on the growth prospects for single bedroom apartments in the city. While comparisons to the market in Mumbai may be unrealistic, at the moment, it is however, clear that the needs of a certain section of buyers are being addressed through single bedroom apartments. Where is it projected to go from here? Only time will tell.

[ranga]

A round-up from FAIRPRO 2012


Quote:

Adroit Urban Developers

Montage - Thalambur,OMR - 3600/sqft
Essence - Nungambakkam - 21000/sqft
Coimbatore
Ivory - R.s.Puram 6750/sqft
Altius - Gandhipuram - 4950/sqft

Agni Estates

Pride - Teynampet - 12000/sqft
Lakshmi Kripa II - Chrompet - 3775/sqft
Lakshya Kripa - OMR - 3150/sqft

Akshaya

January - OMR - 3000-3300/sqft

Alliance Group

Orchid Springs - Thirumangalam - 4995/sqft
Bougainvillea II - Porur - 7000/sqft appx

Arihant Foundations

Villa Viviana - Maramalai nagar
Luxury Villa - 4750/sqft, Style Villa - 4250/sqft, Terrace Villa - 3800/sqft
Panache - Arumbakkam - 9500/sqft
Frangipani - Siruseri,OMR - 3200/sqft
Jashn - Egmore - 15500/sqft

Arun Excello

Estancia - GST - 3650,3950,4450/sqft
Temple Green - Oragadam - 2549/sqft
Lathangi - Oragadam - 2210/sqft

Asvini Foundations

Atvarika - Kelambakkam - 3500/sqft
Akila Heights - Sembakkam - 4000/sqft
NRD Towers - 3200/sqft
Amanya - Nellikuppam - 1895/sqft
Ashvita - Siruseri - 3500/sqft
Amarisa-phase2 - Ramapuram - 5750/sqft

Baashyam

Happy Windows - Kattupakkam - 3750/sqft

BBCL

Sand Shore Villa - Palavakkam,ECR - 10425/sqft
Sukhin - Thiruvanmiyur - 10000/sqft
Harsham - Thoraipakkam - 5000/sqft
Ojas - T.Nagar - 16000/sqft
Thejus - Ambattur - 4200/sqft

Casa Grande

Versailes Amar Villas - Uthandi,ECR - 7000/sqft
Coral Reef - Thiruvanmiyur - 9250/sqft
Maple - Adyar - 10000/sqft
White Oak - Adyar - 10500/sqft

CeeDeeyes

Chennai Pattinam - Thiruporur - 2400/sqft

Devinarayan

Vaishnovi - tirumullaivoyal - 4120/sqft
Aikya - Kilpauk - 12830/sqft
Karapakkam - 4600/sqft
Mandaveli - 13830/sqft
Velachery - 5645/sqft
Kotturpuram - 9155/sqft

Embassy

Embassy Residency - Perumbakkam - 3649/sqft(2BHK),3749/sqft(3BHK)

ETA Star

Wings Haven - Plots,OMR - 2200/sqft
Le Chalet - Sriperambudur - Villas
Trinity -27 Lakhs(2BHK) 30 Lakhs(3BHK)
Twin Ridge - 42 Lakhs(3BHK)
Elite Crux - 36 Lakhs, Indepedent - 62 Lakhs
GlobeVill - Sriperambudur - 3000/sqft
Rosedale - OMR - 3400/sqft

Ganga Foundations

Ishana - Kolathur - 4995/sqft
Ragamalika - Tambaram West - 2950/sqft
Anandam - Chithlapakkam - 3950/sqft

Golden Homes

Opulence - Poonamalee High Rd - 3299/sqft
Trove - Poonamalee High Rd - 3200/sqft
King's Court - Anna Nagar - 12000/sqft
Aura - Anna Nagar - 9500/sqft

Godrej Properties

Palm Grove - Chembarambakkam - 3300/sqft

Green Peace

Silver Springs - Alandur -6750/sqft
Bryan Court - K.K.Nagar - 9000/sqft
Anna Nagar - 11500/dqft
Korattur - 6500/sqft
Chengalpattu Plots - 550/sqft

Inno Geocity

Geocity II Sector - 2750-2900/sqft

Isha Homes

Isha Yara - Medavakkam - 3575/sqft
Isha Mia Villas - Pudupakkam - 4900/sqft

Jain Housing

Westminister - Saligramam - 6245-6445/sqft
Alpine Meadows - Thiruneermalai - 3495,3595,3695/sqft
Pebble Brook - Thoraipakkam - 4195,4395/sqft
Inseli Park - OMR - 2895,2995,3095/sqft
Spring Meadows - Thalambur,OMR - 3045-3145/sqft
Antariksa - Kodambakkam - 6995/sqft
Avenue - Chitalapakkam - 3495/sqft

Jamal

Sana Homes - Poonamalee - 3950/sqft

JBM Shelters

Mudra - Perungudi - 5000/sqft

KGEYES

Besant Nagar - 13750/sqft
East Anna Nagar - 10000/sqft
Royapettah - 14500/sqft
Ekkathuthangal - 8750/sqft
Madambakkam - 3500/sqft

KGS Developers

Vrudhi - Kilpauk - 15500/sqft
Sunnyside - Siruseri - 3750/sqft
Primrose - Pallikarnai - 4500/sqft
Springfield - Thalambur - 36.5 Lakhs

Larsen & Toubro

Eden Park - Siruseri,OMR - 3750/sqft

Lancor Holdings

Abode Valley - Potheri,GST - 3375/sqft
The Courtyard - Nanganallur - 8500/sqft
Cirrus - Valasaravakkam - 9500/sqft

Landmark Construction

Vertica - Gopalapuram - 15000/sqft
The Grange Villa - Palavakkam - 10500/sqft
Orlando,Aspects - Korattur - 6500/sqft
Tivoli - Mogappair - 6500/sqft
Centralia - Chrompet - 3950/sqft

Mahindra Lifespaces

Mahindra World City - GST - Apartments - 3250/sqft
Aqualily Villas - Land - 1700/sqft Construction Cost- 3100/sqft

Malles Constructions

Jayshri - T.Nagar - 12700/sqft
Alankar - Manapakkam - 6000/sqft
Arcadiaa - Velachery - 6000/sqft

Mantri Developers

Synergy - OMR - 3790/sqft
Navaratna - Chrompet - 3990/sqft

Natwest

Aura - Urapakkam - 3300/sqft

Navin's

Golden Glade - T.Nagar - 15000/sqft
Sprngfield - Medavakkam - 3600/sqft
Jayaram Gardens - Manapakkam - 6100/sqft
Palm Fronds Villas - Karapakkam - 6590/sqft
Maris Dale - Semmenchery,OMR - 3950/sqft
Srishti - Keelkattalai - 5500/sqft
Eden Park - Gerugambakkam - 4990/sqft

Newry Properties

Sampreeti - Kilpauk - 12000/sqft
Sobhita - Pallikarnai - 4500/sqft
Sudeepta - Mogappair - 7000/sqft
Park Towers - Anna Nagar West - 9000/sqft

Olympia

Opaline - OMR - 3800/sqft
Grande - Pallavaram - 5200/sqft

Om Shakthy Developers

Santha Towers - Avadi - 2900/sqft
Temple Nagar - Kundrathur - 2599/sqft

Ozone Group

Metrozone - Anna Nagar - 8250/sqft

PACE Builders

Prana - Anna Nagar West Extn - 7995/sqft
Adarsa - Selaiyur - 4295/sqft
Acyuta - Maduravoyal - 3995/sqft
Anusa - Tambaram West - 3395/sqft

Pacifia

Aurum - Padur,OMR - 3000/sqft

Plaza Group

Pristine Acres - Perumbakkam - 3250/sqft
Opulence - Perungudi - 5500/sqft

Prestige Group

Bella Vista - Porur - 4400/sqft

Puravankara

Windermere - Pallikarnai - 3549/sqft
Swanlake - OMR - 3125/sqft

Pushkar Properties

Lily's Enclave,Imayal,Royal Court - Anna Nagar - 12000/sqft
Anantha - Kilpauk - 12000/sqft
Silver Stones,Soundarya Enclave,Aiswarya Enclave - Korattur - 7500/sqft
Manasarovar - Pallikarnai - 5000/sqft
Anusha - Chrompet - 4750/sqft

Rajparis

Crystal Spring - Madambakkam - 3400/sqft

Rajarathnam Construction

Royal Grande - Ambattur-Thirumullaivoyal - 3200/sqft
Wood Side - Ambattur-Thirumullaivoyal - 3300/sqft

Rajkham

Orchid - Ayyappanthangal - 3800/sqft
Anurup - Pallikarnai - 3400/sqft
Akash Ganga - Pallikarnai - 3800/sqft

Ramky Wavoo Developers (RWD)

Elyusium - Kelambakkam - 3150/sqft
Avalon - Nungambakkam - 11000/sqft
Atlantis - Nelson Manickam Rd - 10000/sqft
Ecopolis plots - vedanthangal - 150/sqft

Real Value

Neel Kamal - OMR - 3399-3499/sqft
Padmalaya - Kelambakkam - 3056-3326/sqft
Sai Skanda - Velachery - 1.30 Crores

Regaliaa Realty

The Ferns Villa - Thiruvidanthai,ECR - 6930/sqft, stall offer: 6660/sqft

ROMAA Housing

Romaa Paradise - Poonamalee - 2950/sqft

Ruby Builders

Ashok Manor - Tambaram west - 3800/sqft
Ashok Manor - Pallikarnai - 4200/sqft
Ruby Avenue - Irumbuliyur,Tambaram - 2600/sqft
Ruby Enclave - Old Perungalathur - 3000/sqft

S & S Foundation

Solitaire - Porur - 5950/sqft
Sarvam - Velachery - 4750/sqft
Sai Sarvesh - Mylapore - 14000/sqft

Shriram Properties

Shankari - Perumatunallur,Guduvanchery - 2400/sqft (2/3BHK),2250/sqft (IBHK)

Sobha Developers

Meritta - OMR - 3770/sqft
Serene - Porur - 4625/sqft

Sidharth Housing

The Nest - Rajakilpakkam - 3800/sqft
Dakshin - Urapakkam - 3200/sqft

South India Shelters (S.I.S)

Marakesh - Urapakkam - 3150/sqft
Safaa - Urapakkam - 3650/sqft

SPRRG

Osian Heights - Mint - 8000/sqft
Osian Chlorophyll - Porur - 4500-5000/sqft

Sreerosh Properties

Meadows - Anakaputhur - 3200/sqft
Silver Stone - Kilpauk - 10000/sqft

SSPDL

Lakewood Enclave Villas - Thalambur,OMR - 5500/sqft
Mayfair - Vandalur-Kelambakkam Rd - 3250/sqft

Tata Housing

Crescent Lake Homes - Oragadam - 2910/sqft (1BHK), 3250/sqft (2BHK)

TVH

Lumbini Square - Purasawakkam - 11500/sqft
Ouranya Bay - Padur,OMR - 3400-3600/sqft
Svasti - Thoraipakkam - 4750/sqft
Taus - Navalur,OMR - 4000/sqft
Battika - Alwarpet - 17000/sqft

Unitech

Uni Homes 1 - Nallambakkam - 2250/sqft
Uni Homes 1 - Nallambakkam - 2350/sqft
Gardens - 2800/sqft
North Town - Perambur - 5300/sqft

VGN

Brixton - Irungattukottai - 2085/sqft
Platina - Ambattur - 3000/sqft
Krona - Porur - 3595/sqft
Imperia - Maduravoyal - 3899/sqft

Vishwakarma

Skypark Residences - Pallavaram - 4850/sqft

Voora

Vidyasagar Oswal Garden - Korukkupet,near Central Station - 4050/sqft
GitanJali - T.Nagar - 15500/sqft
Mandaram Enclave - 10500/sqft

Yuga Homes

Kalpataru - Koyambedu - 5400/sqft
Altavda - Thaiyur - 2750/sqft


The general mood in the exhibition was upbeat and most of the builders claimed very good sales. For ongoing projects, Price has stagnated and remains the same since the hike in late 2011. Many new projects have been launched and they have been marked up by another 10-15%. Projects were focussed along Porur-Poonamalee Stretch.

comparative price trends for the past 3 years is as under.

FAIRPRO 2009 : Price Trends in Chennai - February 2009
FAIRPRO 2010 : http://www.indianrealestateforum.com/58298-post407.html
FAIRPRO 2011 : http://www.indianrealestateforum.com...1-post466.html

[murlee]

Nice compilation! TFS Ranga sir..

[saysenthil]

Today's Property Show - Where to buy in Central Mumbai and Chennai


http://www.ndtv.com/video/player/the...ome-topstories




They are ofcourse highlighting the places to buy in different areas.....
What was interesting is that they were telling that Ramachandra - Harvard joint buisness venture is coming up in Porur Chennai! That should be some interesting investment indeed!!!

[krishnaswamy]

Originally Posted by saysenthil

Today's Property Show - Where to buy in Central Mumbai and Chennai


http://www.ndtv.com/video/player/the...ome-topstories




They are ofcourse highlighting the places to buy in different areas.....
What was interesting is that they were telling that Ramachandra - Harvard joint buisness venture is coming up in Porur Chennai! That should be some interesting investment indeed!!!

Already Porur-Poonamallee is choked. hm..interesting..
2006 itself, sterling's project costed 32 lakh for 1000 sq. feet apartment in kattupakkam..

[satchitananda]

Nice compilation.. Ranga..

[R2IChennai]

Originally Posted by ranga

A round-up from FAIRPRO 2012


Quote:

Adroit Urban Developers

Montage - Thalambur,OMR - 3600/sqft
Essence - Nungambakkam - 21000/sqft
Coimbatore
Ivory - R.s.Puram 6750/sqft
Altius - Gandhipuram - 4950/sqft

Agni Estates

Pride - Teynampet - 12000/sqft
Lakshmi Kripa II - Chrompet - 3775/sqft
Lakshya Kripa - OMR - 3150/sqft

Akshaya

January - OMR - 3000-3300/sqft

Alliance Group

Orchid Springs - Thirumangalam - 4995/sqft
Bougainvillea II - Porur - 7000/sqft appx

Arihant Foundations

Villa Viviana - Maramalai nagar
Luxury Villa - 4750/sqft, Style Villa - 4250/sqft, Terrace Villa - 3800/sqft
Panache - Arumbakkam - 9500/sqft
Frangipani - Siruseri,OMR - 3200/sqft
Jashn - Egmore - 15500/sqft

Arun Excello

Estancia - GST - 3650,3950,4450/sqft
Temple Green - Oragadam - 2549/sqft
Lathangi - Oragadam - 2210/sqft

Asvini Foundations

Atvarika - Kelambakkam - 3500/sqft
Akila Heights - Sembakkam - 4000/sqft
NRD Towers - 3200/sqft
Amanya - Nellikuppam - 1895/sqft
Ashvita - Siruseri - 3500/sqft
Amarisa-phase2 - Ramapuram - 5750/sqft

Baashyam

Happy Windows - Kattupakkam - 3750/sqft

BBCL

Sand Shore Villa - Palavakkam,ECR - 10425/sqft
Sukhin - Thiruvanmiyur - 10000/sqft
Harsham - Thoraipakkam - 5000/sqft
Ojas - T.Nagar - 16000/sqft
Thejus - Ambattur - 4200/sqft

Casa Grande

Versailes Amar Villas - Uthandi,ECR - 7000/sqft
Coral Reef - Thiruvanmiyur - 9250/sqft
Maple - Adyar - 10000/sqft
White Oak - Adyar - 10500/sqft

CeeDeeyes

Chennai Pattinam - Thiruporur - 2400/sqft

Devinarayan

Vaishnovi - tirumullaivoyal - 4120/sqft
Aikya - Kilpauk - 12830/sqft
Karapakkam - 4600/sqft
Mandaveli - 13830/sqft
Velachery - 5645/sqft
Kotturpuram - 9155/sqft

Embassy

Embassy Residency - Perumbakkam - 3649/sqft(2BHK),3749/sqft(3BHK)

ETA Star

Wings Haven - Plots,OMR - 2200/sqft
Le Chalet - Sriperambudur - Villas
Trinity -27 Lakhs(2BHK) 30 Lakhs(3BHK)
Twin Ridge - 42 Lakhs(3BHK)
Elite Crux - 36 Lakhs, Indepedent - 62 Lakhs
GlobeVill - Sriperambudur - 3000/sqft
Rosedale - OMR - 3400/sqft

Ganga Foundations

Ishana - Kolathur - 4995/sqft
Ragamalika - Tambaram West - 2950/sqft
Anandam - Chithlapakkam - 3950/sqft

Golden Homes

Opulence - Poonamalee High Rd - 3299/sqft
Trove - Poonamalee High Rd - 3200/sqft
King's Court - Anna Nagar - 12000/sqft
Aura - Anna Nagar - 9500/sqft

Godrej Properties

Palm Grove - Chembarambakkam - 3300/sqft

Green Peace

Silver Springs - Alandur -6750/sqft
Bryan Court - K.K.Nagar - 9000/sqft
Anna Nagar - 11500/dqft
Korattur - 6500/sqft
Chengalpattu Plots - 550/sqft

Inno Geocity

Geocity II Sector - 2750-2900/sqft

Isha Homes

Isha Yara - Medavakkam - 3575/sqft
Isha Mia Villas - Pudupakkam - 4900/sqft

Jain Housing

Westminister - Saligramam - 6245-6445/sqft
Alpine Meadows - Thiruneermalai - 3495,3595,3695/sqft
Pebble Brook - Thoraipakkam - 4195,4395/sqft
Inseli Park - OMR - 2895,2995,3095/sqft
Spring Meadows - Thalambur,OMR - 3045-3145/sqft
Antariksa - Kodambakkam - 6995/sqft
Avenue - Chitalapakkam - 3495/sqft

Jamal

Sana Homes - Poonamalee - 3950/sqft

JBM Shelters

Mudra - Perungudi - 5000/sqft

KGEYES

Besant Nagar - 13750/sqft
East Anna Nagar - 10000/sqft
Royapettah - 14500/sqft
Ekkathuthangal - 8750/sqft
Madambakkam - 3500/sqft

KGS Developers

Vrudhi - Kilpauk - 15500/sqft
Sunnyside - Siruseri - 3750/sqft
Primrose - Pallikarnai - 4500/sqft
Springfield - Thalambur - 36.5 Lakhs

Larsen & Toubro

Eden Park - Siruseri,OMR - 3750/sqft

Lancor Holdings

Abode Valley - Potheri,GST - 3375/sqft
The Courtyard - Nanganallur - 8500/sqft
Cirrus - Valasaravakkam - 9500/sqft

Landmark Construction

Vertica - Gopalapuram - 15000/sqft
The Grange Villa - Palavakkam - 10500/sqft
Orlando,Aspects - Korattur - 6500/sqft
Tivoli - Mogappair - 6500/sqft
Centralia - Chrompet - 3950/sqft

Mahindra Lifespaces

Mahindra World City - GST - Apartments - 3250/sqft
Aqualily Villas - Land - 1700/sqft Construction Cost- 3100/sqft

Malles Constructions

Jayshri - T.Nagar - 12700/sqft
Alankar - Manapakkam - 6000/sqft
Arcadiaa - Velachery - 6000/sqft

Mantri Developers

Synergy - OMR - 3790/sqft
Navaratna - Chrompet - 3990/sqft

Natwest

Aura - Urapakkam - 3300/sqft

Navin's

Golden Glade - T.Nagar - 15000/sqft
Sprngfield - Medavakkam - 3600/sqft
Jayaram Gardens - Manapakkam - 6100/sqft
Palm Fronds Villas - Karapakkam - 6590/sqft
Maris Dale - Semmenchery,OMR - 3950/sqft
Srishti - Keelkattalai - 5500/sqft
Eden Park - Gerugambakkam - 4990/sqft

Newry Properties

Sampreeti - Kilpauk - 12000/sqft
Sobhita - Pallikarnai - 4500/sqft
Sudeepta - Mogappair - 7000/sqft
Park Towers - Anna Nagar West - 9000/sqft

Olympia

Opaline - OMR - 3800/sqft
Grande - Pallavaram - 5200/sqft

Om Shakthy Developers

Santha Towers - Avadi - 2900/sqft
Temple Nagar - Kundrathur - 2599/sqft

Ozone Group

Metrozone - Anna Nagar - 8250/sqft

PACE Builders

Prana - Anna Nagar West Extn - 7995/sqft
Adarsa - Selaiyur - 4295/sqft
Acyuta - Maduravoyal - 3995/sqft
Anusa - Tambaram West - 3395/sqft

Pacifia

Aurum - Padur,OMR - 3000/sqft

Plaza Group

Pristine Acres - Perumbakkam - 3250/sqft
Opulence - Perungudi - 5500/sqft

Prestige Group

Bella Vista - Porur - 4400/sqft

Puravankara

Windermere - Pallikarnai - 3549/sqft
Swanlake - OMR - 3125/sqft

Pushkar Properties

Lily's Enclave,Imayal,Royal Court - Anna Nagar - 12000/sqft
Anantha - Kilpauk - 12000/sqft
Silver Stones,Soundarya Enclave,Aiswarya Enclave - Korattur - 7500/sqft
Manasarovar - Pallikarnai - 5000/sqft
Anusha - Chrompet - 4750/sqft

Rajparis

Crystal Spring - Madambakkam - 3400/sqft

Rajarathnam Construction

Royal Grande - Ambattur-Thirumullaivoyal - 3200/sqft
Wood Side - Ambattur-Thirumullaivoyal - 3300/sqft

Rajkham

Orchid - Ayyappanthangal - 3800/sqft
Anurup - Pallikarnai - 3400/sqft
Akash Ganga - Pallikarnai - 3800/sqft

Ramky Wavoo Developers (RWD)

Elyusium - Kelambakkam - 3150/sqft
Avalon - Nungambakkam - 11000/sqft
Atlantis - Nelson Manickam Rd - 10000/sqft
Ecopolis plots - vedanthangal - 150/sqft

Real Value

Neel Kamal - OMR - 3399-3499/sqft
Padmalaya - Kelambakkam - 3056-3326/sqft
Sai Skanda - Velachery - 1.30 Crores

Regaliaa Realty

The Ferns Villa - Thiruvidanthai,ECR - 6930/sqft, stall offer: 6660/sqft

ROMAA Housing

Romaa Paradise - Poonamalee - 2950/sqft

Ruby Builders

Ashok Manor - Tambaram west - 3800/sqft
Ashok Manor - Pallikarnai - 4200/sqft
Ruby Avenue - Irumbuliyur,Tambaram - 2600/sqft
Ruby Enclave - Old Perungalathur - 3000/sqft

S & S Foundation

Solitaire - Porur - 5950/sqft
Sarvam - Velachery - 4750/sqft
Sai Sarvesh - Mylapore - 14000/sqft

Shriram Properties

Shankari - Perumatunallur,Guduvanchery - 2400/sqft (2/3BHK),2250/sqft (IBHK)

Sobha Developers

Meritta - OMR - 3770/sqft
Serene - Porur - 4625/sqft

Sidharth Housing

The Nest - Rajakilpakkam - 3800/sqft
Dakshin - Urapakkam - 3200/sqft

South India Shelters (S.I.S)

Marakesh - Urapakkam - 3150/sqft
Safaa - Urapakkam - 3650/sqft

SPRRG

Osian Heights - Mint - 8000/sqft
Osian Chlorophyll - Porur - 4500-5000/sqft

Sreerosh Properties

Meadows - Anakaputhur - 3200/sqft
Silver Stone - Kilpauk - 10000/sqft

SSPDL

Lakewood Enclave Villas - Thalambur,OMR - 5500/sqft
Mayfair - Vandalur-Kelambakkam Rd - 3250/sqft

Tata Housing

Crescent Lake Homes - Oragadam - 2910/sqft (1BHK), 3250/sqft (2BHK)

TVH

Lumbini Square - Purasawakkam - 11500/sqft
Ouranya Bay - Padur,OMR - 3400-3600/sqft
Svasti - Thoraipakkam - 4750/sqft
Taus - Navalur,OMR - 4000/sqft
Battika - Alwarpet - 17000/sqft

Unitech

Uni Homes 1 - Nallambakkam - 2250/sqft
Uni Homes 1 - Nallambakkam - 2350/sqft
Gardens - 2800/sqft
North Town - Perambur - 5300/sqft

VGN

Brixton - Irungattukottai - 2085/sqft
Platina - Ambattur - 3000/sqft
Krona - Porur - 3595/sqft
Imperia - Maduravoyal - 3899/sqft

Vishwakarma

Skypark Residences - Pallavaram - 4850/sqft

Voora

Vidyasagar Oswal Garden - Korukkupet,near Central Station - 4050/sqft
GitanJali - T.Nagar - 15500/sqft
Mandaram Enclave - 10500/sqft

Yuga Homes

Kalpataru - Koyambedu - 5400/sqft
Altavda - Thaiyur - 2750/sqft


The general mood in the exhibition was upbeat and most of the builders claimed very good sales. For ongoing projects, Price has stagnated and remains the same since the hike in late 2011. Many new projects have been launched and they have been marked up by another 10-15%. Projects were focussed along Porur-Poonamalee Stretch.

comparative price trends for the past 3 years is as under.

FAIRPRO 2009 : Price Trends in Chennai - February 2009
FAIRPRO 2010 : http://www.indianrealestateforum.com/58298-post407.html
FAIRPRO 2011 : http://www.indianrealestateforum.com...1-post466.html

Some points
OMR and ORAGADAM did not go up by a lot
Only thing that went up in OMR is ETA star plot doubled in 2 years from 1050 to 2200

15000 is norm in upscale city area from 10000

[R2IChennai]

Originally Posted by saysenthil

Today's Property Show - Where to buy in Central Mumbai and Chennai


http://www.ndtv.com/video/player/the...ome-topstories




They are ofcourse highlighting the places to buy in different areas.....
What was interesting is that they were telling that Ramachandra - Harvard joint buisness venture is coming up in Porur Chennai! That should be some interesting investment indeed!!!

The first guy on the show periyaswamy seems like a bogus caller from the ndtv station he was putting fake tamil accent clearly

[krishnaswamy]

I think this property show might be a paid show, where there is every chance that builders might have paid to show cause their properties.
so you cannot assess the properties based on the shows. It is just a e-pamphlet for properties address.
I remember few years back, Vijay TV or Jaya TV did this with S.Ve.Sekhar

[karkal]

City may get local planning authority

http://www.deccanchronicle.com/chann...-authority-184

The state government is planning to constitute a local planning authority (LPA) on the lines of Hyderabad and Bengaluru for developing fringe areas of the city lying between GST ROAD and ECR.

These areas are getting urbanized in a haphazard manner without any master plan or a long-term plan. Hence the urban development department has prepared a blueprint for the area south of the Chennai metropolitan area (CMA). This would lead to a real estate boom here.

After the government accorded approval in 2008 for the second master plan considering the growing demands, both present and future, of the CMA, the necessity for developing the areas on the outskirts of Chennai was felt.

Based on this, the government had CMDA to prepare a detailed plan for a few areas in southern suburbs.

The detailed development plan for the area south of the CMA of an extent of 562 sq.km falling in 134 revenue villages has been delineated and sent for government approval.

It comprises Maraimalai Nagar municipality, Guduvancheri- Nandhivaram Town Panchayat, Thiruporur Town Panchayat and parts of Thiruporur panchayat unions.

“Presently, only realtors exploit the resources in LPA areas. Instead, the government can create housing units both for economical weaker sections and high income groups at a reasonable prices, with adequate infrastructure facilities that will also help the existing households, which are deprived of sewerage connections and proper roads, besides connectivity,” sources in the government told DC.

[karkal]

Originally Posted by saysenthil

Today's Property Show - Where to buy in Central Mumbai and Chennai


http://www.ndtv.com/video/player/the...ome-topstories




They are ofcourse highlighting the places to buy in different areas.....
What was interesting is that they were telling that Ramachandra - Harvard joint buisness venture is coming up in Porur Chennai! That should be some interesting investment indeed!!!

Since initiating a relationship with Sri Ramachandra University in 1997, PHMI has helped the school raise the standard of education and patient care in Chennai.

http://www.phmi.partners.org/Experience/Clients

This is not a new thing, the relationship with Harvard and Sri Ramachandra University has been there for 15 yrs now.