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Showing posts with the label chennai real estate

Location advantages of Shriram Divine City

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Shriram Divine City which is also known as Shriram Code Kovil is a grand upcoming project situated in Mangadu, Chennai. Shriram Divine City is a beautifully designed project and spread on 30 acres mini city. Locationof shriram divine city is definitely the biggest advantage of this project. Shriram Divine City will comprise 1 BHK, 2 BHK and 3 BHK units for sale at just a short drive from Porur. Shriram Divine City Advantages of the location of Divine City ·         Shriram Divine City project is located just 9 minutes away from Porur, Chennai and is a thoughtfully planned mini city. ·         The locality is equipped with around 10 top schools along with 9 hospitals, 5 medical colleges, 4 engineering colleges and numerous daily conveniences within a range of 7 kms from the project. ·         This region has a whopping 1000-year old heritage and thus holds great pride amongst the residents of Chennai. The Chennai Bypass Road passes through this vintage locality, connec

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