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    TAMBARAM PROPERTY PRICES

    Urban Rise Acquires 9.24 acres land from Mahindra Lifespaces Developers

    The land is part of Mahindra World City (MWC), Chennai, and the development will be executed by Alliance Group. Theand prices in Chengalpattu is anywhere between Rs 3.5 crore and Rs 5 crore per acre.

    Urbanrise acquires 96.5 acres of prime Chennai land parcel from Vees Properties

    The Chennai based company plans to develop a mega township project in the land area that has a development potential of 13 million sq. ft with an expected revenue of Rs.7,000 crores.

    NCR sees highest appreciation in land prices since 2019: Anarock

    ANAROCK data shows that the top 7 cities (Bengaluru, Chennai, Hyderabad, Pune, Kolkata, MMR and NCR) have witnessed new plotted developments supply since 2020 and saw decent appreciation over the last 2.5 years. Out of the multiple micro markets across top 7 cities, the top 3 with maximum appreciation are all in NCR.

    Real estate: Here are 9 smart Indian cities to invest in

    The government’s Smart City push has boosted real estate activity across the country. Nine cities in particular look very promising to invest in.

    PEs, NBFCs Going for Tier-II Properties owing to infrastructure and affordability

    Earlier this month, Xander Finance invested Rs 100 crore in Prateek group’s 40-acre township project in Ghaziabad’s Siddharth Vihar area.

    Chennai floods: Real estate one of the worst hit businesses

    It’s still too early to count the losses from the unprecedented floods and torrential rains in Chennai that have impacted people from all walks of life, but one of the worst hit businesses clearly is real estate.

    The Economic Times
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