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Sathesh on Chennai RE Prices Its been so long since I visited this site(used to be blog, now a website) Nice! Good job Uday!I am still waiting to buy the apartment in chennai. I am in no hurry. Cash is the king. Its going to be 50% down payment ;-) but ready to wait few more years. I dont see the market picking up anytime soon, either in India or in US ;)

ETA Star -Rosedale -starting 3600 per sq ft -OMR

Fresh from the success of its Jasmine Court launch, ETA Star Properties, Chennai will invest over Rs. 89 crores into the residential property market in the ‘Pudhu Chennai’, it will soon launch Rosedale, the gateway to Pudhu Chennai envisages being the epitome in luxury living, an ode to the architectural heritage, an amazing amalgamation between [...]

Megabus.com- Travel for $1 within US

I was seeing a lot of advertisements about megabus.com during my vacation. I was wondering if really they can afford a $1 travel. Went to their site and did a fare search and found quite a few $1 fares for NY-Buffalo regions. Its a steal considering the high gas prices and ease of travelling in [...]

Slowdown in Chennai property transactions, Will the price?

The number of property transactions in Chennai and its immediate neighbouring districts has come down by 10 to 15 per cent in 2007-08. In 2006-07, the three zones within the city registered about 3.7 lakh documents and netted about Rs.1,384 crore in terms of registration charges and stamp duty. Of these transactions, about 80 per [...]

Arihant Villa Viviana – Soft Launch Off GST Road – 1 Crore onwards

Tucked away in the quaint outskirts of Chennai is a posh property for those who desire a living experience fit for the gods. Nestled amidst immaculate landscaped avenues and overlooking a wondrous hilly terrain, this piece of land is home to a sprawling villa and condos enclave called Villa Viviana.   Enveloped by soothing natural [...]

The Grand Chennai Mall -Velachery by PS Group

Located in the rapidly developing area of Velachery, 5 kms before Old Mahabalipuram Road this area has all landmark buildings like the Raj Bhavan, IIT, and Tidel park, home to all the flourishing IT Companies. With a plot area of 1,22,400 sq.ft. it has double basements for 420 car parking. Three floors exclusively dedicated shopper [...]

Why Velachery scores as a real estate destination Realty check

Multi-storeyed developments, the hallmark of upcoming residential areas in the city, dot this locality close to the IT Corridor. Velachery, in the space of less than a decade, has become a hub of premium to mid-level residential development due to the influx of IT professionals and rapid improvement of infrastructure. Builders moved into the area [...]

On a vacation to NY DC Niagara

I was planning this for almost a month and i am finally off for a 5 day vacation this week.You may have noticed not much activity from me except for approving the messages. I should be back on Sunday and should be active by next week. So whats you with you for the memorial day [...]

Renting to Corporates. Be aware of TDS deduction in rent

Browsing thro r2IForums, i saw a request for help on TDS exemption certifcate. I was wondering what its really used for. Well i learnt quite a few facts about TDS. A lot of people rent out their apartments and a few end up renting theirs to corporate clients. While Corporate tenants can fetch more rent [...]

Current Chennai’s Residential Rental Rates – Looks Crazy

A Comprehensive Rental Lease Agreement Draft

Recently i got to hear about a case, where in one of the tenants of an apartment posed problems when the house owner asked them to vacate. It seems the owner just the let the tenant with out a proper rental lease agreement. A lot of problems can be avoided should there be a lease [...]

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