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Yesterday i was reading an article in Hindu regarding water problems at thoraipakkam and degrading quality of water around thoraipakkam , perungudi areas due to merciless sewage and garbage dumping. I used to pass via the pallavaram -thoraipakkam road for more than 2 years to go to my office in sholingnalur from velachery. I used [...]

3 of the recent launches have being marred with controversies and all 3 is being an offering of well known builders. While i appreciate the faith people have in these builders, what surprises me the number of risk involved in these projects and still people are fine with it. Let me summarize it below.

DLF

1).No Approval [...]

A very close friend went thro a lot of confusions before settling for a flat. Since i was closely guiding him on his every move, i took his permission to publish his story. It all started with this school mate of mine who is IT for atleast 8 years now, started hunting for a flat [...]

I know about this project for quite some time but it took a lot of time to get atleast some details from them. Check out XS Real’s new project. The Launch date is around Feb 18 and the price is Rs 4050 per sqft. Not exactly sure of the location but it is definately near [...]

Check out 5 new projects launched by Vijay Shanthi. Attractively priced at Rs 2800 per sq ft, i think it should be a good competition for DLF in OMR and Upscale in Sriperumbudur. I still have no idea about the exact location nor other details. Please check out and good thing about it the Pre-EMI [...]

I was one of the early adopters to the Hindu ePaper. Not only am a avid fan of Hindu but i never like to miss the daily special magazines which gives a lot of information. I particularly like the property plus on saturdays. Hindu untill now charged $10 for a months subscription of its ePaper. [...]

I just happened to notice a interesting article written by one Mr. Venkat in his blogs. It talks about plots in Kancheepuram. If you dont have the money to invest in big ticket projects floated recently, then i would advice you to invest you hard earned money in plots. A plot has more appreciation than [...]

Considering the current situation with RE, i feel an investment in Land is much better than flats. Check out this offer from Lakshmi vilas bank. Direct sale from them and you can own a flat for around 27 Lakhs(1800 sq ft). Its right near DLF but not sure on the exact location.

HDFC has cut its prime lending rate (PLR) by 25 basis points—the first reduction in its benchmark rate in four-and-a-half years. The move will benefit around 8 lakh existing borrowers of the country’s largest housing finance company who have availed floating rate loans.
Following the cut, the bank’s retail PLR stands at 13.75%. Over 90% [...]