Tag: Real Estate Updates
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Kilambakkam-Vandalur Bus Stand: A New Hub for Long-Distance Travel in Chennai
The Chennai Moffusil Bus Terminus (CMBT) at Koyambedu, inaugurated in 2002, holds the distinction of being one of the largest bus termini in Asia. However, the once-spacious 37-acre land is now struggling to accommodate the increasing number of buses, with around 2,100 buses, including 1,250 buses for the southern districts, operating 2,900 times a day.…
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Registration of Construction Agreements Made Compulsory in Tamilnadu.
COMPULSORY REGISTRATION OF CONSTRUCTION AGREEMENTS Undivided Shard of Land (UDS) will be registered only if the Registered Construction Agreement is produced. Rule comes into force on October 1, 2013. Registration of Construction Agreements between the builders and the buyers of new flats have been made compulsory in Tamilnadu,with effect from Oct 1,2013. The registration expenses…
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IS CHENNAI SET FOR EXPANSION?
[INSERT_ELEMENTOR id=”13131″] Following is a news item appeared in the TOI on 10th August, 2012. Investors may take the plunge and invest in places which may eventually fall in the expanded CMA. Look for low budget properties that may fetch you a good return in the short/medium term Chennai looks at the National Capital Region…
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The Chennai Peripheral Road
The CHENNAI PERIPHERAL ROAD The Tamilnadu Chief minister has announced in April 2012 the building of the Chennai Peripheral Link Road(CPLR). CPLR will link Mahabalipuram with Ennore skirting Chennai.CPLR is part of the Government’s initiative to ease congestion in Chennai. The Route The road will be 162 KM in length. It will connect the East…
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Update on Regularisation of Unapproved Plots and Layouts-May 2018
[INSERT_ELEMENTOR id=”13131″] Last Date Extended The Tamilnadu Government has extended by 6 months, the last date for submission of Application for Regularisation of Unapproved Plots and Layouts, upto 3rd Nov 2018.(GO No.55 of 2018) Background to the Ban on Registration of Unapproved Plots It all started with a PIL, filed in the Madras High Court,…