Property Buying Guide

What do people need to know about on-time apartment delivery?The real estate sector was booming from 2005-08, with many developers promising buyers that they would enable consumers to get into their new homes. However, even ten years later, many promises have yet to be fulfilled. The global economic slowdown added to the woes of the already struggling sector, and many buyers have lost faith in developers...

List of legal documents should be considered when purchasing a property in ChennaiBuying an apartment/villa in chennai from a developer is not just investing a huge sum and taking possession. It requires buyers to be aware of legal aspects before making investment. Buyers should not only lookout for an apartment/villa that satisfies their requirements but they should also make sure that the property has...

1. Handing over certificate/ Possession LetterThe new owner of the property will be issued a Possession Certificate. This certificate proves that the ownership of the property has been transferred to the purchaser and that they are now thoroughly interested in the property. Both parties must register for the same property; this means that the developer must sign a declaration stating that they no longer...

1. Infrastructure Issues :Buying a pre-owned apartment/villa has certain costs involved. One might get ready to move into a living space but they also might face certain surprises like faulty structures or faulty electrical wirings or leakages in plumbing work or interior may not be of an individual’s choice and paint works too. Imagine the amount that one has to spend on renovation work. Buying a new...

With rising affluence and the desire for classy lifestyles, demand for luxury villas has increased significantly in the top most cities in the country. One of the preferred destinations for luxury villas is Chennai, a city that is ranked 4th in terms of its contribution to GDP. Being a port cit1y, Chennai has attracted significant FDI (Foreign Direct Investment), which has contributed to its booming...

With the ever-increasing population, pollution and property rates in the Chennai metropolitan area, prospective home buyers are today looking for greener pastures. And this has led to the rise of many micro townships in the neighbouring areas. The suburbs of Chennai have got a facelift through many residential mega projects as well as government initiatives. One of the most promising real estate areas in...

The past 2 years have been a challenging phase for many people due to the unpredictable COVID-19 pandemic. Due to uncertainty, people had paused in 2019 & 2020 to buy the best apartments in Perungalathur. But in 2021, the situation is getting better, and people’s interest in searching for flats for sale in GST, Chennai and flats for sale near Tambaram is pacing up rapidly. The builders see a good...

Globally, a significant increase has been reported in extreme weather events such as heat waves, droughts, heavy rainfall, flash floods, urban flooding, coastal flooding, hurricanes, and winter storms. In India also, extreme weather events are occurring at an increasing rate. In 2015, it was Chennai that was devastated by floods caused by heavy rainfall. In 2018, Kerala witnessed nature’s fury when...

IN THE MIDDLE OF EVERYWHERE Set in the southern part of Chennai, Perungalathur is a major suburb that reflects the growth of the entire surrounding area. With its significantly growing population, luscious greenery, and peaceful environment, Perungalathur seems like it would lack nothing. Well, that would be right; and wrong! There is so much more to this beautiful suburb that makes it one of the most...

The quite suburbs lying near Old Mahabalipuram Road (OMR) have become buzzing hubs for residential property investors. As Chennai is proliferating, on every count, so are its suburbs. Areas such as Thiruporur and Kelambakkam, lying beside the OMR, have benefited from the increasing job scopes in Chennai. The migrating employees in the mega business hubs of Chennai are on the lookout for their dream homes,...