Real Estate
Hosur Airport Proposal Progresses: Five Sites Evaluated, Key Challenges Identified
The Airports Authority of India (AAI) has shortlisted five potential sites for the proposed Hosur airport, including the existing Hosur airstrip of Taneja...
Chennai’s Real Estate Shift: High-Rises and Skyscrapers Redefine the Urban Horizon
Chennai, traditionally known for its low-rise residential buildings, is experiencing a shift towards vertical growth, with a surge in high-rise construction. The city,...
Luxury Housing Demand Soars: Chennai and Bengaluru See Significant Growth
India’s real estate market experienced a remarkable surge in luxury housing demand during H1 FY2025, with Chennai and Bengaluru emerging as key contributors...
Kalyani Developers Launches LivingTree: Redefining Urban Living in North Bengaluru
Kalyani Developers, a Bengaluru-based real estate firm, has unveiled its first residential project, LivingTree by Kalyani Developers, at KIADB Aerospace Park, Bagalur, North...
Chennai’s Rental Market Sees 22.2% Surge: Magicbricks Report
Magicbricks’ Q3 2024 rental update reveals a 7.4% quarter-on-quarter (QoQ) increase in average rents across 13 major Indian cities, reaching Rs 35.8 per...
Shriram Properties Reports Strong Q2 FY25 Performance Despite Handover Delays
Shriram Properties Limited (SPL) has announced its financial results for Q2 and H1 FY25, showcasing robust sales volumes and continued growth despite challenges....
Prestige Estates to Unveil Rs 52,000-Crore Housing Projects by March 2025
Prestige Estates Projects Ltd plans to launch housing projects worth Rs 52,000 crore by March 2025, tapping into strong demand for residential properties....
CMRL Pushes for Airport-Kilambakkam, Poonamallee-Parandur Projects
Chennai Metro Rail Limited (CMRL) is advancing the much-anticipated Airport-Kilambakkam and Poonamallee-Parandur metro projects, addressing critical transit needs in Chennai. The detailed project...
Chennai’s Real Estate Transforms with Surge in Plotted Developments
Chennai’s real estate market is witnessing a significant transformation, with plotted developments gaining popularity. Abandoned industrial campuses and joint-family properties are being repurposed...
Labour Costs Surge 25%, Driving Construction Expenses Up 11% in 2024
Construction costs surged by 11% year-on-year in 2024, driven by a staggering 25% rise in labour costs, according to a Colliers India report....
