Real Estate News

Real estate firms, foreign funds are betting big on mall projects

Chennai has seen a steep decline in the number of new housing projects launched. This year, it saw a dip of 36 % when compared to 2015. This has been the lowest over the past five years, a report on Indian real estate has revealed. Tamil Nadu's capital may lose IT business to Bengaluru or Hyderabad, as the city failed to increase its footprint in office space, an official with Knight Frank, an independent property consultancy that released the half-yearly report. Source: Live Mint, July 6, 2016, Bengaluru << Back