Chennai Properties and Real Estate in Chennai

Archive for September, 2009

Rakindo, Appaswamy strike Rs 100-crore deal

Wednesday, September 16th, 2009

Appaswamy Real Estates has struck a deal with the Rakindo Group to jointly develop large-sized residential projects in the key
locations of Kotturpuram and Pallikarnai in Chennai. The projects, coming up on 110 grounds (1 ground = 2400 sq ft), is estimated to have a sale value of Rs 250 crore.
Though the land-owner and the developer [...]

Banks Slash Home Loan Rates

Wednesday, September 16th, 2009

For those planning to take a loan to buy their house, there is good news. Several banks have slashed home loan rates recently. Bank of India has come up with a festive offer called Star Home Loan, which can be availed till December 31. For a loan of up to Rs 50 lakh, the rate [...]

Legalities Involved in Buying a Property

Monday, September 14th, 2009

Buying property is a lifetime decision. Since you are going to invest your precious money in the property, you have to be extra careful. The real ordeal begins after you identify the property of your choice. The road to a possession certificate is paved with difficulties, tedious legalities and endless paperwork. As a buyer, the [...]

Home Loans in India

Monday, September 14th, 2009

The rising cost of residential accommodation has led to the popularity of Home Loans in India. The steep rise in Indian real estate is mainly due to disparity in demand and supply of quality residential accommodation in India.
The middle-class Indian population is the worst sufferer of the real estate demand-supply gap and hence it is [...]

Savings on EMI for Home Loan Seekers.

Monday, September 14th, 2009

Home loan
seekers can save up to Rs 10,000 on their monthly repayments for one year as the government on Thursday approved 1% interest
subsidy for houses that cost less than Rs 20 lakh.
Aimed at promoting low-cost housing, the subsidy will be available for loans up to Rs 10 lakh, provided the cost of the dwelling unit [...]

ICICI Bank slashes home loan rates

Friday, September 11th, 2009

INDIA’S PRIVATE sector lender, ICICI Bank in its bid to survive longer in the wake of cut-throat competition has slashed down the rates of their home loan products. The move, made effective from August 20, will take the interest rates on home loan of up to Rs. 20 lakhs, to 8.75 per cent. On the [...]

Vastu for Puja Room

Tuesday, September 1st, 2009

Pooja room is a place where we worship God for peace and prosperity. Ishanya or north-east is governed by God and is an excellent location for pooja room. Locating ‘Pooja room’ in north-east brings prosperity, good health, wealth, happiness and peace of mind. North-east is auspicious for other reasons. In morning sunrays fall directly from [...]

Study Room Vastu

Tuesday, September 1st, 2009

The right place is very important for study as it affects the concentration of students. Many times students complain that they are not able to concentrate on studies. The remedy to these problems has been formulated by our ancestors through ‘Vastu Shastra’.
Here are few vastu tips which can help students to achieve success in their [...]