October, 2007

Fed cuts rate again. RBI’s no rate cut disappointing

I was expecting an rate cut by RBI yesterday following FED’s rate cut just few months back. It is really disappointing to see RBI raising the CRR and tightening the cash reserve and with no rates cut. The fed on its part has come up with a second rate cut today by quater points.  

Super Luxury Apartments in Chennai By Vishranthi

Super Luxury Apartments in Chennai By Vishranthi

Poes garden have always received attraction either because of Rajni, JJ presence or the huge land deals. But one thing which is common feature of Poes garden now a days is the presense of a lot of luxury apartments there. A lot of builder including Land Marvel, Vishranti, KGEYES etc have developed property there and

Development regulations – a comparison of three cities

It is a coincidence that the planning authorities of the three major South Indian cities, Chennai, Hyderabad and Bangalore, have come out with their master plans for development almost at the same time. The problems, potentials and prospects are different for these cities even though the aims or goals of the master plan are more

Chennai Power Cuts ,Voip phones, Nuclear deal and Power backed up apartments

Yesterday night i was talking to my parents in chennai through the VOIP phone which i got installed few days back ,when suddenly the line got terminated . I tried calling them again but the call directly went to voice message. I was wondering what happened and tried calling them thro Reliance India call connection

TVH Svasti – OMR – Rs 4000+ per sq ft

True value homes have launched a new project in Chennai after a long gap. Their last project was lumbini sqaure way by in 2006. Svasti, their lastest in Chennai is located in Raju Nagar in Thoraipakkam. If you are not ware of where Raju Nagar, it is near CTS but bit interior from main road

Invest in commercial property all over India

I always believe investing in commercial property is a good bet with high returns. One should look for investing in commercial property only if they have already invested in a residential property. Its always nice to have a home first and then think about other alternatives. I had previously written that commercial property investments are

Indira Nooyi’s new Chennai home

Indira Nooyi’s new Chennai home

Indra Nooyi was has been in lot of news recently after she took over as Chairman and CEO of Pepsico. But it come as a surprise to me when she shelled out around 7 crores to book a 4000 sq ft apartment in Chennai’s hottest residential area POES GARDEN. I was bit eager to know

Akshaya’s Adora -high priced?

Akshaya’s Adora -high priced?

My first impression seeing Adora price (79 Lakhs starting)sugested it to be high priced. Adora is the newest offering by Akshaya Homes and the project is located in Silicon valley of Chennai (OMR). So what makes it look like high priced. I feel there is not much unique offerings in Adora. To start with Adora

An interesting video on Chennai Flyovers by ibnlive

Want quick bucks.Invest now in posh locales

Want quick bucks.Invest now in posh locales

I was just reading an article in ibnlive.com where Sachin Tendulkar has zeroed on a posh bungalow are 40 crores. The 9000 square feet bungalow is located in bandra. The article says property rates in Bandra touches around Rs. 40000 per sq ft. I always wonder which place in chennai has the potential to explode