Showing posts with label Chennai Real Estate. Show all posts
Showing posts with label Chennai Real Estate. Show all posts

Sunday, 30 October 2011

Survey's Show "Chennai Has the least GREEN COVER"

        Chennai Not still not as developed as other metros in the nation. Green? Very Green? 
Well it might come as a surprise but recent survey's say that Chennai has one of the least amounts of green cover among the country's metropolises. The fact is that Chennai does not have many vibrant green spaces, except for niches like the Guindy National Park and the Adyar Theosophical Society grounds.

CHENNAI METROPOLITAN DEVELOPMENT AUTHORITY records, Chennai city has only 2percent of the area as parks. Other surveys point out that green cover extends to just 9.5 percent of Chennai's geographical area within city limits, and an even lower 4.5 per cent in the suburbs. Compare this with a green of 20.20per cent in Delhi , 19 per cent in Bangalore, 15 per cent in Kolkata, 14.09 per cent in Mumbai and a whopping 35per cent in Chandigargh. "Estimates from the surveys we are carrying out suggest that we have less than 4.5 per cent tree in Chennai City," says D.Narashmhan, Associate  Professor Department of Botany, Centre for Floristic Research Madras Christian College, who has been coordinating a tree census of the city in association with stakeholders. "Cities need to have at least about 15 to 20 per cent tree cover," he says.
WHAT we NEED?
  •  The Trees we have here such as the gulmohar and coconut are not the shade-giving, foliage-rich varieties. What we need are canopy trees like the rain tree and hardy coastal trees like vennangu, pungam, poovarasu, punnai, badam, etc.
  • Framework to integrate trees in city planning to improve the urban environment, ad designated policies and institutions to safeguard trees, like a Tree Authority.
  • Concept of urban green spaces enshrined in our development guidelines, including vacant plots reserved for mandatory development into a natural forest.

Wednesday, 21 September 2011

GST Road(NH-45) already houses SEZ's and bristling with activity!!

The GST Road(NG-45) road already houses some of the SEZ's and bristling with activity due to establishment of large industrial parks like Mahindra World City and Shriram Gateway.
Ariel View of Mahindra World City

Projects like Arens Gold Souk and upcoming mall in Mamandur will significantly contribite to the social infrastructure in the vincinity in the coming months.

Shriraam THE GATEWAY
Mega Housing projects like L&T , SARE Jubilee Shelters, Akshara Housing, Arun Excello, Akshaya Belvedere, Hallmark Country and SIS Safaa will partly meet the growing demand and needs of housing in this AREA!

Corporates owning tracts of land in the area have also ventured into housing development. The surge
in demand of HOUSING PROJECTS in and around the area clearly illustrates this trend.
If the current demand pattern is any indication, then we are very sure that the city will get expanded
upto TINDIVANAM, says SANTHOSH.J -MD Akshara Housing and Propertiees

-Correspondent, Chennai Property Talks

Saturday, 17 September 2011

Where Does the HOUSING Development revolves in Chennai?

Due to probhibitive land cost, supply level in the cit is less nowadays.

The Major housing development revolves around areas like Old Mahabalipuram Road till Thaiyur , Thiruporur and GST till Tindivanam.

Improved connectivity levels and the metro construction are the encouraging more people to shift to suburbs and peripheral areas. 

-Correspondent, Chennai Property Talks

Property DEVELOPERS are not soo keen with ORAGADAM/SRIPERUMBUDUR! Why?

The Industrial clusters like Oragadam and Sriperumbudur are specific areas where property developers are not keen for housing units beyond Rs.50Lakh price range.



  Lack of Social Infrastructure and delay in implementation of infrastructure are major factors that discourage many developers to venture in housing in the area.


-Correspondent, Chennai Property Talks

Sunday, 11 September 2011

ECR(East Coast Road) to be EXTENDED!! - Reports Chief Minister

ECR(East Coast Road) to be EXTENDED!! - Reports Chief Minister



Tamilnadu Chief Minister J Jayalalithaa today announced in the Assembly a host of measures to give greater thrust to road infrastructure development, and to provide better connectivity besides ensuring balanced economic development.
Making a statement under Rule 110, she said the State government has been implementing various road infrastructure development projects.
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It is a long-pending demands of the people to extend ECR upto Kanyakumari. Taking this into account, the government will take steps to extend the ECR connecting Tuticorin upto Kanyakumari.
'Widening and upgradation of the remaining portion of the ECR measuring 113 kilometres at an estimation of Rs 257 crore will be taken up. Nine bypasses, three bridges will be built as part of the project.
Similarly, Sivaganga and Edapadi bypasses for 10.60 km and 8.60 km respectively will be built to ease traffic congestion.
In order to prevent accidents and cut-short journey time, bridges are necessary at the railway crossings. As many as 23 railway over and under bridges across the State will be constructed at an estimation of Rs 740 crore. Kancheepuram, Tiruvallur, Vellore, Villupuram, Coimbatore, Salem, Ramanathapuram, Dindigul and Tirunelveli will get these facilities.
As many as 65 bridges at a cost of Rs 151 crore in 18 districts will be constructed and damaged bridges will also be upgraded.
To ease traffic congestion and prevent road accidents in Chennai, certain initiatives of international standards will be taken up on Anna Salai, E V R Periyar Salai and inner circular roads.
It may be noted that during 2011-12, Rs 1,450 crore is being allotted under the Comprehensive Road Infrastructure Development Programme (CRIDP) which will be used for taking up road widening, improvement besides reconstructing bridges and culverts.


-Correspondent, Chennai Property Talks

Monday, 29 August 2011

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