Impact of hike in registration cost and guideline values have always been felt in the Chennai property market. Experts believe, since the 2012 rise in guideline values, imposition of 1 per cent additional TDS on properties worth over Rs 50 lakh by the Finance Minister has already raised the price bar in the city. Subsequently…
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Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Chennai’s southern corridor continues to drive demand and capital appreciation for investors in land development projects. This is because of improved connectivity, expanding city areas, growth of industries and infrastructure development, among others.A survey on the price appreciation in the southern corridor areas like Singaperumal Koil, Maraimalainagar, Acharapakkam and East Coast Road (ECR) reveal that investment…
Read MoreChennaiAs apartments sales in the middle and high income segments are showing no signs of improvement, many builders are seriously scouting for small parcels of land to promote budget housing units in the sub – 20 lakh segment.This is a segment which most builders have ignored, but those who have ventured into it say they…
Read MoreWith real estate prices and cost of construction on the rise, owning a house in cities remains a dream for the middle class. But it might soon be a thing of the past, courtesy IIT Madras and its efforts to popularize the cost-effective, rapid and eco-friendly method of construction using Glass Fiber Reinforced Gypsum (GFRG) panels.
After the successful construction of a two-storey building at the IIT campus in June this year using GFRG panels, experts from the civil engineering department of the institute are close to an agreement with Tata Housing Development Corporation Ltd to build a housing project at Boisar, a suburb in Mumbai, for low-income groups.
The GFRG building method essentially uses glass fibres and specially calcined gypsum plaster to make the regular panel stronger and water resistant.