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Selling your flat. Beware of Tax man
Published on 11 Jan, 2008 at 15:39 in Real Estate | Viewed 45 views times | 1 Comment
Are you aware of our tax laws for capital gains? I was tempted to write this article based on the experience one of friend had with his sale of his premium flat in Adyar. My friend negotiated the deal for around Rs 60 Lakhs for his 3 bed room 9 year old flat in Adyar.
Pathethic power situation in Chennai and TN
Published on 9 Jan, 2008 at 17:54 in City | Viewed 46 views times | No Comments
An interesting article from kumudam on the power situation in Chennai and in general TN. I was worried after reading this article on the state of politics and how it affects us. Click the below link to read more. Once you login, just cut and paste the below link. Click here to read more I
Invest 40 Lakhs, get 50 Lakhs within a year. Plaza Pre Launch offer
Published on 7 Jan, 2008 at 2:36 in Real Estate | Viewed 358 views times | 5 Comments
I just got to know about an interesting offer from one of the reputing growing builders in Chennai, The Plaza group. Plaza group has been in the business for more than a decade and they had recently completed 2 big projects in Perungudi, Green Acres and Serene acres consisting of around 500 homes in total.
Mahindra out of Car Joint Venture in Oragadam
Its official that Mahindra has pulled out of the Car Joint Venture in Oragadam. This is sad news for Chennai and Sriperumpadur where the much talked Rs 4000 crore plant was supposed to be setup. It would be interesting to watch if still Nissan and Renault would go ahead with the plant without an active
I dont feel Sriperumpadur is wise Investment Option
Published on 3 Jan, 2008 at 1:01 in Real Estate | Viewed 50 views times | 5 Comments
I am not sure if I am opening a Pandora box by writing this article. But I was evaluating this one area for quite some time and felt what is so great of Sriperumpadur, which is requiring us to shell out around 40 Lakhs for a decent 2-bedroom apartment. Lets go through some basic facts.