The Indian housing market saw a significant decline in sales during the April–June quarter of 2025, with a 20% drop in overall housing sales across major cities. Despite this nationwide slump, Chennai emerged as a surprising outlier, experiencing an 11% rise in housing demand. This positive shift in the city’s real estate market is primarily … Read more
AKB Developers & Promoters, a name synonymous with trust and transparency in Chennai’s real estate scene, has launched its 93rd project—AKB Pavilion IIT Enclave, a premium plotted development in Thaiyur, Kelambakkam. Situated directly opposite the IIT Madras Research Campus, the project presents a rare blend of affordability, strategic location, and long-term investment potential. As Chennai’s … Read more
In a significant move that underscores the growing potential of Chennai’s real estate market, Bengaluru-based Prestige Group has entered into a strategic joint venture with Chennai’s Arihant Group to develop a high-end residential project in Velachery. The duo will develop approximately 7.5 lakh square feet of residential space, with an estimated Gross Development Value (GDV) … Read more
In a significant real estate transaction, Rane (Madras) Ltd. has sold a prime 3.48-acre plot of land in Velachery, Chennai, to a joint venture (JV) firm between Prestige Estates Projects Ltd. and Arihant Foundations & Housing for a value of Rs 361 crore. This move marks a crucial step in Rane’s ongoing efforts to streamline … Read more
The Indian real estate market experienced a challenging second quarter in 2025, with sales plummeting by 20% across seven major cities, according to a report by Anarock. The drop in demand reflects the ongoing economic uncertainty, exacerbated by geopolitical tensions and the rising cost of property prices. However, amidst the decline, Chennai emerged as a … Read more
Brigade Enterprises Limited, a leading name in Indian real estate, has announced the launch of a new residential project in Chennai—Brigade Morgan Heights. With a projected revenue of ₹2,100 crore, this ambitious development marks a significant step in the company’s strategic expansion across South India. Positioned along the rapidly growing Sholinganallur-Medavakkam corridor, this project spans … Read more
Bengaluru-based real estate major Brigade Group has announced a significant expansion in Chennai’s residential market with the launch of its premium housing project—Brigade Morgan Heights. Located strategically along the fast-developing Sholinganallur–Medavakkam corridor, the project boasts a Gross Development Value (GDV) of ₹2,100 crore, solidifying the developer’s growing footprint in Tamil Nadu. A Glimpse Into the … Read more
In a landmark move signaling the transformation of North Chennai, G Square, India’s largest developer of plotted communities, has acquired 62.38 acres across Red Hills, Puzhal, and Karanodai to develop 1,091 premium ready-to-construct villa plots. With a total investment of ₹230 crores, this initiative marks one of the largest plotted development drives in the region, … Read more
Flexible workspace giant WeWork India is continuing its strategic expansion, announcing the addition of over 200,000 square feet across new centres in Pune and Chennai. These upcoming locations, set to open in the second half of 2025, reflect the company’s aggressive growth in India’s high-demand commercial zones. With rising demand for flexible and managed workspaces, … Read more
Chennai, once known for its affordable housing and stable rental market, is now grappling with an unprecedented rise in residential rents. Over the past year, several key neighborhoods have witnessed rent hikes of up to 25%, drawing comparisons to Bengaluru’s long-standing rental challenges. Popular IT hubs like Velachery, Sholinganallur, and Taramani are seeing rents soar … Read more