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Chennai Real Estate Projects | |||||||||||||
At the outset it should be made clear that this article is not endorsing any particular builder or real estate project. It merely aims to give information to the public about some of the Chennai real estate project. First, some brief Information on Chennai » Madras was its earlier name. » It is the capital of Tamil Nadu and is called the Gateway to South India » The waves of Marina Beach gently lap at its eastern shores Link: www.indianbeachesportal.com/tamil-nadu-beaches/marina-beach.html » A majority of the countrys automobile industries are based here. » The city is demarcated into five main areas: Egmore-Nungambakam; Fort Tondiarpet; Mambalam-Guindy; Mylapore-Triplicane; Perambur-Purasawalkkam. » At the centre of its public road transport system is the Chennai Mofussil Bus Terminus (CMBT). The Metropolitan Transport Corporation (MTC) is the organization that operates the citys buses. Bus Routes: www.tn.gov.in/transport/routes/routes_mtc.htm » Main airport of this is the Chennai International Airport. Link: www.Chennaiairport.com » Its main railway station is the Chennai Central station. Railway Passenger Information: www.southernrailway.org/webpages/pass_info_cvm.asp » Its main ports are the Chennai Port (www.Chennaiport.gov.in) and the Ennore Port (www.ennoreport.gov.in) Link for Accommodation in Chennai: http://www.hotelsChennai.com Link for Getting Around Chennai: http://cityguide.travel-guides.com/city/getting_around.ehtmlo=488&NAV_guide_class=&NAV_City= Overview on the Real Estate Scenario A booming economy, increase in demand for manpower, large numbers of NRIs touching down at various airports around India - the repercussions of these factors have been felt in the real estate market. This is the case in a majority of the metros in India, including Chennai real estate project. With an increasing number of people eagerly scanning advertisements and contacting brokers in search of their dream homes, more and more projects are taking off. Majority of people are also looking at the Chennai real estate project in terms of investment they buy a property, but dont actually stay there; they are more likely to sell it later at a price higher than the amount for which they bought it, or may even rent or lease it out. Consequently, the price of land in the main parts of Chennai real estate project has gone skywards. This is especially the case in the southern parts of the city, where you need to have currency in not just lakhs, but in crores. Commercial projects are equally in demand, and shopping malls are spurting up everywhere. Same is the case even in the areas outside the main city limits. Some Forthcoming / Ready Real Estate Projects in Chennai » Doshi Housing Limited Address: 3H Century Plaza, 560, Anna Salai, Teynampet, Chennai-600 018, Tamil Nadu, India. Ph.: 91-44-24349803 / 24349389 What Where Budget When Doshi Nivedita: Residential complex comprising of 42 apartments No.12/87, West Madha Church Street, Royapuram, Chennai-600 013. 18 to 29 lakhs will be ready by June 2007 Doshi Gardens Shopping Mall: Nine storeyed building, with shops in the basement + grd.+1st flrs; offices are on the 2nd + 3rd flrs. Semar Estate,173, Arcot Road, Vadapalani, Chennai 600 026. 9 to 20 lakhs Ready for occupation Send for more information to: doshihousing@vsnl.com » Ramaniyam Real Estates Private Limited Address: Sruthi No. 11, 2nd Main Road, Gandhi Nagar, Adyar, Chennai- 600 020, Tamil Nadu, India. Ph.: 91-044-2441 4378 / 2441 4063 What Where Multi-storied residential building East Coast Road, Thiruvanmiyur, Chennai-600 041. Note: Only a few three-bedroom flats available (above 1000sq.feet). Send for more information to: ramaniyam@hathway.com » Silpi Constructions Address: 853, Poonamalee High Road, Kilpauk, Chennai-600 010, Tamil Nadu, India. Ph.: 91- 044- 2641 2752 / 2641 1086 // URL:www.silpis.com What Where When Perungudi II: Residential complex of Grd.+4 flrs. ; Two apartments on each flr. (1775sq.ft. &1825sq.ft.) Off old Mahabalipuram Road, Perungudi, Chennai (in the same area as the Information Technology Corridor). Expected completion is in May 2007. Perungudi: Residential complex of 4 flrs; 2 bedroom (1000sq.ft.) and 3 bedroom (1500sq.ft.) apartments. Off old Mahabalipuram Road, Perungudi, Chennai Expected completion is in August 2006. » Chaitanya Builders & Leasing Pvt. Ltd. Ph.: 91-044-28330167 / 28331412 ; Fax: 91-044-28332475 What Where Commercial complex designed by Architect Hafeez Contractor 554/555, Anna Salai, (opp.upcoming The Magunta Oberoi Hotel), Chennai Send for more information to: chaitanyabuilders@vsnl.com Some More Contacts in the Real Estate Market: » JVC Hallmark Constructions: Plot No.6, MSK Nagar, Selaivur, Chennai-600073. Ph.: 91-044-22293411; E-mail: jvchallmark@gmail.com » SSS Properties Pvt. Ltd: No.13, Sathyamoorthy Colony, Thiruvalleswaranagar, Annanagar West, Chennai-600040, India; URL: www.sssproperties.com Ph.: 9381062292 (Cell phone); E-mail: debesh@sssproperties.com » Puravankara Projects: No.7, LVR Center, Seshadri Road, Alwarpet, Chennai-600 018, India. Ph.: 91-044-2499 7890/92/93/94 [Contact Person: Mr. Krishnakumar] » Hiranandani Constructions: This Group will soon be setting up a Mini-Township at Old Mahabalipiram Road, Chennai. For details, contact the Head Office at: Olympia, Central Avenue, Hiranandani Gardens, Powai, Mumbai-400 076, India. Ph.: 91-022-2576 6724 / 29; E-mail: sales@hiranandani.net (for residential projects) / bizpark@hiranandani.net (for commercial projects). » DLF: Its Corporate Office is at; Sansad Marg, New Delhi-110 001, India. Ph.: 91-011-42102030; URL: www.dlf.in For forthcoming DLF projects in South India send for more information to: Mr. Subramaian (CE BD); E-mail: subrahmanian-jk@dlfgroup.in Forthcoming Expos in Chennai: For the Building Materials and Construction Industry: ZAK Buildtech Exhibition Date: 25th August 2006 27th August 2006. Venue: Chennai Trade Fair Centre, Nandambakkam, Chennai, India. For Home and Interiors: ZAK Interior Exterior Expo 2006 & International Furniture Fair Property Developers, Estate Managers, Architects, Interior Designers, and many more professionals will come together under one roof on the same Days- 23rd March, 2007 25th March, 2007 at a single Venue: Chennai Trade Fair Centre, Nandambakkam, Chennai, India. Timings: 10:00 a.m.-4:00 p.m.(for Business Visitors) and 4:00 p.m. 7:00 p.m. (for the general public). Contact For more information: Zak Trade Fairs & Exhibition Pvt Ltd. Head Office: Zak Towers, 49 (Old No. 27), Veerabadran Street, Nungambakkam, Chennai - 600 034. India. Ph.: 91-044- 2825 7722 / 7733; Fax: (91-44) 2825 4488 Email: enquiry@zakgroup.com
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