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Feb 04
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Tamil Nadu: ‘Existing home buyers can’t object to increase in units’

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The Tamil Nadu Real Estate Regulatory Authority (TNARA) has said that developers need to implement projects according to market demand, in an order that will allow promoters to adjust their plans for the upcoming steps in the real estate project to increase the number of residential units. The realty regulator dismissed a homebuyer complaint that he owns an apartment in a block, amending the developer’s move to increase the number of units and revise the initial planning permission.

This case is related to a gated community project called ‘Viva City’ at Kannivakkam near Guduvancheri, developed by XS Real Properties Pvt. According to complainants J Sethu Ragu Raman and D Satyaapriya, who bought the apartment in the project, the gated community is touted as a seven-block development with 352 units, while two and three BHK apartments have various common amenities ranging from 583 square feet to 1,084 square feet.

Under the DTCP plan approved in 2013, the 176 residential units were built and the revised plan permits the developer to increase the number of residential units to 571, an increase of 219 units, or more than 50%, for a new project, ‘En Veedu’, on the same premises. The complainant stated that it was illegal for the developer to obtain buyer’s consent before modifying the plan.

In response, the developer said that due to the recession and depressed market conditions, they could not proceed with the phased development as originally thought. With the center launching a PMAV scheme that will subsidize EMI on housing projects for first-time buyers in 2016, the developer, through a subsidiary, received revised approval for the existing two blocks and the latest approvals from DTCP in October 2017. The size of the apartments has been adjusted – measuring 60 square meters per residential unit – to make buyers eligible under the PMAY scheme. Homebuyers have given their consent to the changes in the undeveloped parts, and the developer said that the revised plan is in accordance with the rules of the DTCP registered with TNREA.

After hearing the claims, the developer completed the apartments three years ago and handed them over to the complainants, according to TNREA. The order stressed that real estate market conditions are dynamic and that apartments need to be built to meet the needs of the builder market, and the authority could not find fault with the developer’s decision to take advantage of the center’s scheme and go for a large number of smaller apartments. Affordable housing.

Jan 30
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CHENNAI – THE REALTY OF THE MARKET

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Chennai has always been a good real estate market for buyers and builders. Over the last decade, the scenario has really improved. Investors who were once content to put their money on small or inexpensive mid-size projects, are now looking at larger townships with larger facilities. Thanks to the sky rocket prices of the land in the city, residential developers can afford basic apartments at a cost of Rs. 1.5 – 5 crores. Developers who want to sell at affordable prices are forced to look for suburban locations. Builders are meeting the client’s needs most. Upcoming township projects include less built-up area and increased land space. Tranquil weather, clubhouses, swimming pools, schools, medical facilities and entertainment options on the campus have made Chennai a much sought-after destination. These communities have drastically reduced travel time to different offices, thus paving the way for better living standards. Despite its ups and downs, the real estate market is doing well. With unique and diverse projects and irresistible deals, investors are spoiled for choice. The time is right to acquire an Opportunity in Chennai

Jan 27
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Why is Chennai Properties ?

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The best way to reach prospective buyers and sellers is to advertise the property online. While there are plenty of property websites, if you are dealing with Chennai it should be chennaiproperties.in. Here’s why…

Exclusive Focus on Chennai City
ChennaiProperty.com is the only real estate website offering exclusive services to Chennai. Their services extend across the length and breadth of the city. So whether you are dealing with a property in the heart of Chennai or one of the suburbs, a website is your best bet.

Effective Liaison between Buyers and Sellers
The real estate professionals at Chennaiproperties.in have deep knowledge of the industry and understand the market trends. They are able to identify the right features and pave the way for proper understanding between buyer and seller.

A Commit Towards Ethics
The range of properties listed on Chennaiproperties.in has been endorsed by well-known builders and relevant government authorities and financial institutions with clear titles.

User friendly website
The Chennaiproperties.in website is easy to navigate and does not charge the brokerage. You can find your dream property with some dreams.

Bouquet of services

Experts at Chennaiproperties.in have a good understanding of the local market and provide value-added services at a premium, as well as free guidance for home buyers and sellers.

Time response
Professional and friendly staff will ensure that you receive regular updates in the form of emails every day. Login today and make revolutionary changes to your home buying or selling journey.

Jan 25
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Houses In Chennai With The Best Features/Amenities

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Are you looking for Houses in Chennai with the Best features?

“24×7 security should be the number 1 feature on your mind when buying or renting a home in Chennai”, most people will say. But what about other important things such as – swimming pools, covered car parking, 100% power backup, furnishing, modular kitchens, direct sea view, and more?

Houses in Chennai today have a plethora of amenities that have become all too common – swimming pools, rooftop barbeques, jogging tracks, parks, yoga centers, salons, etc. – but when you’re investing your hard earned money in a property, just one of the above cannot be a feature of paramount significance. You cannot afford to ignore the rest of the must have features/amenities in favour of another amenity – like a beautiful infinity pool and not power backup, for example.

At Chennai Dream Homes™, we are always striving to make it easier for you to explore, search and find the best home for YOU, based on YOUR personality, lifestyle and even budget-friendliness (र र र) – with a combination of the best features that YOU need. Undoubtedly, this priority list will vary from person to person, and it is upto YOU to figure out what is most important when buying a house, and which ones are just nice-to-haves or totally unnecessary.

1. Homes In Chennai with 24×7 security
2. Properties In Chennai with 100% Power backup
3. Properties In Chennai with CMDA Approval
4. Homes In Chennai with Covered Car Park
5. Homes In Chennai inside a Gated Community
6. Properties In Chennai eligible for a Bank Home Loan
7. Homes In Chennai with Vaastu Compliance
8. Homes In Chennai with Children’s Play Area

Jan 21
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How much does a house cost when buying property in Chennai

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1. Income
Before answering the question of the cost of a house in Chennai, keep in mind that home loan companies / banks take into account your total income – salary, business income, rental income, capital gains, interest, etc. Loan eligibility.

2. Credit History, Debts and Loans
In India, Sybil (Credit Information Bureau of India) produces scores, which the leading banks rely on to provide home loans to eligible customers looking to buy a home. Generally, the higher the Sybil score, the better your chances of getting a home loan with lower EMI payments per month. According to the Economic Times, as of January 2017, the Bank of Baroda has decided to issue a home loan with interest of 8.35% if the credit score is greater than 760, and many will follow suit. So, hurry to pay off your current debts and credit card bills. Check your Sybil score online for free.

Therefore, your bank will consider the amount of loan payments you make regularly – any educational loan EMIs, car loan payments, credit card bills and other installments. If these monthly payments are high relative to your income (ie, your debt to income ratio is high), then you may not be accepted for a home loan.

Jan 17
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The Chennai Home Selling Process

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1. Know your Sale Price

This is the first stage of the home selling process before you even think about anything like marketing

It is important to come up with some idea to come up with the ideal price but keep it realistic.

Depending on your circumstances and the imperatives around the sale, think objectively about the costs and time factor before deciding how much you want to profit. If it is more important to get a good family to buy your home (you may be emotionally connected to the home and want to be in good hands even after doing business), then don’t decide on the exact number. Keep it simple as long as you are happy to get good enough.

After several site visits to your property, you should vet potential buyers and decide between multiple offers when you receive them. It all comes down to that final number.

2. Research other Homes in the Area

Getting to know the local market is easy these days.

Comb through Google or national real estate sites that show you the prices, trends, availability of other competitive homes like yours and what they’re selling.

All of this is available at your fingertips and can be done in a 30-minute flat on the weekend.

3. Understand the Pros of Living in the Neighbourhood

The next step in the home selling process is to find out if all the positive information about your neighbors is worth marketing to your potential buyers.

In addition to average home prices / sq ft in this area, see also:

Local pages of websites describing each area
Schools and colleges around the area
Commercial offices, IT parks or MNC company offices
Places of worship, hospitals, metro train connectivity, bus routes and flyovers
Travel time between home and main points of interest (school / college, office, etc.)
Entertainment options, local shops & convenience stores, parks and restaurants

4. Find an Agent that Fits your Working Style

One of the characteristics of a good real estate agent is the ability to work with buyers and sellers of all personality types.

While a good agent has their own unique style and specialty for the agent business (for example, we only deal mainly in the more expensive areas of South Chennai and the luxury properties), they exhibit exemplary patience, honesty and willingness to assist their clients with gentle sales.

From our experience, our clients appreciate honesty and integrity before anything else. A good agent is not only friendly and attentive, but also not afraid to be blunt and tell you when something goes wrong.

So, while it is important to call, email, or chat with a broker before you get comfortable, be aware that they are usually outgoing personas and are always ‘on’ with their business and enjoy it.

5. Start Sooner

Take advantage of the peak selling season (January to August), which is a good time to sell.

No matter what kind of home you sell, remember not to go with the first good offer you receive (this is a distress sale and if you don’t have much time), give it some time and have a pool of offers before deciding.

Jan 14
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Home decor for living room

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Home decor ideas for living room you should try

A living room is the first room that you enter when you come home and the home décor ideas implemented here portray the grace and sophistication of your entire home. It is the reflection of your passion and creativity to improve the aesthetics of your living space. If you’re planning to start from scratch or remodel your existing living room, here are some innovative living room decor ideas that can help you bring out the best combination of designs to escalate your living space.

Choose the right paint colours

Colours complement your emotions and uplift your spirit. Opt for the right choice of colours in your living room to uplift your spirits when you enter your home. For example, you can opt for vibrant shades of orange and yellow to bring in a pop of enthusiasm and energy. On the other hand, use cool colours like green and blue to add an element of freshness and rejuvenate your senses. Brown furniture works well with green to imitate natural beauty. You can also experiment with shades of red and purple for a touch of royalty. These colours can either be used as wall paint or as part of a wallpaper print.

Pick the right furniture

Furniture is generally the eye-catching object in your living space. It is vital to choose the right colour furniture to complement the surrounding colours. Not just the colours, but the design and utility of the furniture also make a mark in the living room. You could choose a neutral-coloured sofa when you have a bright background. You can also opt for a sofa with a floral design to match your wall colours and alleviate the ambience. For example, a wooden sofa with subtle mustard or pastel green cushions would be the best pick for a green background. If you have a red wall, then choosing leather sofas in black or grey will enhance the look of the room. Next, you can opt for a coffee table made of wood or a coloured stand with a glass top. If you have a nice balcony or French windows, then a rocking chair near the open place will be the best place for a cup of coffee and a book. You can also install an ancient wooden swing to bring in an old-world charm.

Decorate your walls

Home decor ideas are incomplete without wall decorations that involve pictures, wallpapers and quotes. A decorative wall is the best way to add a personal touch. Inspiring quotes and beautiful pictures elevate your living room. Family photos remind you of happy memories and play a crucial role in reliving past moments. Apart from frames, your wall can also house indoor hanging plants that provide a fresh look.  Opt for pots that have quirky designs to complement your interiors. You can also hang up mirrors as one of the best home décor ideas. Be it a small or big living room, mirrors with a stunningly designed rim is any day a fantastic option to enhance the look of your living room and make your living space look bigger. Remember not to add too many framed pictures on the wall to avoid a gallery look. Let the walls be inspiring and artistic.

Install impressive lighting

Lights are essential when it comes to sprucing your space with the top home décor ideas. Choose from bright LED lights that are functional in nature and warm decorative lights that help in improving the aesthetics. You can also use lights to add unique accents to your home by installing cove lights along the perimeter of your ceiling. For decorative purposes, you can opt for chandelier lights which are an excellent statement piece.

DIY ideas

DIY ideas are a great way to add a personal touch to your home at a very low cost. There are a number of easy DIY projects that can help you channel your creativity and beautify your home. You can, for example, upgrade old furniture by sanding it down and giving it a coat of spray paint in any colour of your choice. If your cushions look like they need a splash of colour, you can make your own no-sew cushion covers with some fabric glue. You can also choose to make a personalized calendar to hang on the walls with pictures of your favourite family memories.

With these innovative decor ideas, you can transform your living room into the most stylish area of your home. If you are on the lookout for a new home that will be the perfect canvas to bring your decor ideas to life, head to

Jan 11
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Buying A Resale Flat

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Can’t wait to go to your own home? However, the developer is not willing to wait for years to take over. Here is your answer. The reale sale can reduce flat chase and is an affordable solution to the accommodation needs of salaried people. It’s not easy. Here is a checklist to help you in the process of finding the right apartment.

Consider the location, the surrounding atmosphere and the suitability of the main amenities

Check the builder’s reputation and the quality of his past developments

Make sure the property is between 1-5 years and up to a maximum of 10 years

Understand the reason behind the sale and look for any problems

Carefully verify all documentation by attorney and registrar

Check the physical condition of the flat thoroughly before investing

Confirm the hidden costs

Once you have ticked all the boxes, go and close the deal. Investing in a reale sale flat can save you money and time. You won’t regret it.

Jan 09
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Advantages of Gated Community flats

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Safety

A safe and secure environment characteristic inspires many to go to a gated community apartment. It provides human security and cannot be entered into the apartment without the proper permission of ordinary people. In addition, they offer electronic securities, for example, CCTV camera surveillance, electric fencing and intercom facilities.

Solicitors Cannot Enter

Day by day, the troubles caused by lawyers are escalating. The criminals disguise themselves and enter the house as sellers. Because the gated community is private, lawyers have a hard time getting access. The security element is one of the main reasons people choose to live in the gated community.

Celebrations and Social Gathering

A gated community has weekend social gatherings, festive celebrations and more. These meetings invite gated community families to participate in socialization, thereby strengthening unity among themselves. In addition, children will also gain knowledge about the importance of ceremonies and social gatherings.

Joyful Time for Kids

Another of the pleasant benefits of living in a gated apartment is the child-friendly atmosphere. Gated communities host a variety of activities specifically for children to showcase their talents in various fields. In the evenings, instead of sitting idle and watching mobile phones and TV, children can use the playground and spend time cycling, watering the yards, hiding and searching.

Maintenance

Nowadays, it is very difficult for people to do all the maintenance work. In gated communities, there is no need to worry about this. The management team of the gated community takes care of all plumbing work, HVAC, equipment repair, safety, cleaning, groundskeeping, pest control and so on. The management team also considers any valid suggestions made by residents.

Well-Integrated Facilities

To enjoy a comfortable lifestyle, the gated community offers mini theaters, well-built auditoriums, swimming pools, gyms and more. Also, some gated communities have waste management systems, rainwater harvesting systems and water recycling systems.

Greenery Landscapes

Gated community apartments are actually surrounded by large trees and plants. Residents can enjoy walking, jogging and leisure. In addition, the community provides all the comforts of growing plants and shrubs, as the environment gives a pleasant appearance.

Jan 04
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Chennai- The Preferred City

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Chennai – There is something for everyone here

People of different races and religions, Chennai is considered as the melting pot of many cultures and can be found in temples, churches and mosques that symbolize the rich heritage of Chennai. Colonial-era architecture can be seen in the Port area and elsewhere in Chennai, such as St. Mary’s Church in Fort St. George or Pachaiyappa Hall on the grounds of the Athenaeum Temple of Theseus. Mahabalipuram – The neighboring Chennai town has ancient temples and stone carvings belonging to the 7th century Pallava kingdom.

Where is it today

Chennai is a growing tourist destination for foreign tourists and is one of the most visited cities in India. In fact, Lonely Graham has listed Chennai as one of the top 10 cities to travel for the year 2015.

The respect for the city is fully justified as it develops in terms of infrastructure and governance. Today the city is taking a bold and big step towards urbanization and it is truly heartening to see that the skyline meets the old with the new and there is a perfect balance of modernization and history.

Chennai- Preferred city

Recently ranked 9th in the list of Best Cosmopolitan Cities in the World, Chennai’s prospects are jumping a few notches. Government officials are pulling out all the stops to make Growth Story bigger and better than ever. The introduction of progressive services such as the Monorail Project, additional incentives to promote industrial growth, and a large incentive to infrastructure through strategic preservation of flyovers in strategic areas.

The city is recognized for its priceless value and has been in the news lately because of the overall excellence in the living standards of its citizens. Based on the “Location Ranking Survey” conducted by ECA International, Chennai is rated as having the highest standard of living in other cities in India. It is ahead of the other three metros and Bangalore. What’s more, in the Worldwide Quality Survey conducted by Mercer in 2007, Chennai was rated the second highest in India (New Delhi has the highest score).

Keeping up with the praise

Home to all major educational, literary and financial centers, Chennai is a major commercial and industrial center. To expand the automobile industry, the city has long had the distinction of being referred to as The Detroit of Asia. IT / ITES Parks is home to some of the world’s leading multinationals.

What’s more, the most populous city in Chennai, after Mumbai and Delhi. With the onslaught of large numbers of people around the world, Chennai is back with another accolade – Chennai’s 41st ranking in the World’s Top 100 City Destinations of 2011. Nearly 3,174,500 tourists visit the cultural and heritage sites of Chennai and the nearby towns contribute over Rs 20,000 crore to the state’s economy. By comparison, domestic tourism brought in about Rs 5,500 crore.

The city has a sound, sophisticated health care system and medical tourists from all over the world come to Chennai for their treatments. In fact, medical tourism continues to be highly charged as this type of tourism outweighs everything.

There are many variations in Chennai and it is a matter of pride that the city is ranked No. 2 in the country (National Geographic is the only city across India to be listed). Furthermore, the city features “52 places to go worldwide” written by the New York Times. In its 2014 Annual Indian City Survey, India Today ranked Chennai as the best city in India.

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