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Showing posts from December, 2017

Impact of Real Estate price after RERA in Chennai

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With the notification of the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017, the residential real estate sector in the state is all set to experience a huge change. The Real Estate (Regulation and Development) Act (RERA) is likely to produce a level playing field for the developers, better transparency and accountability, timely delivery of projects and greater absorption rates, accompanied by an increase in consumer confidence. On the other hand, compliance can be a challenge for developers and promoters in the beginning, as it requires all construction approvals before registration. New Residential Projects in Chennai Moreover.......... !!  promoters are legally bound and liable, with either imprisonment up to three years or compensation of up to 10 per cent of the total project cost, in case of failure in compliance or violations in land title, scheduled completion and maintenance of the project. Hence, the developers should be very careful about giving

Shriram Divine City Porur Chennai- Kovil

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Shriram Code Kovil Shriram Divine City is a fantastic brand new residential project in Chennai . Chennai which is in the southern state of Tamil Nadu and has well-known attraction points to attract millions here each year. Now, Shriram has set a highly affordable price for the apartments that will be available here. After all, Shriram is a renowned player in the real-estate sector and is known for fantastic work quality and timely completion of all its projects. Shriram Divine City is going to the biggest launch in the nearby future. Flanked by Mount Poonamalle Road and Outer Ring Road the location is no doubt a jewel. Shriram is utilizing all its resources to the maximum to make this project an exclusive and unique experience for all those who wish to have their homes. Since the city of Chennai is growing at a fast pace in the western direction, West Porur is the hub of such new developments. West Porur is very well connected to renowned localities like Manapakkam at 8 Km,