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CHENNAI GETS SECOND AIRPORT AT PANNUR AND PARANDUR: IMPACT ON REAL ESTATE

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All that you can do is wait and take the ride! Yes, Chennai is going to get it’s second airport very soon.The ministry of civil aviation has selected Parandur and Pannur near Chennai for the city’s second airport. Parandur is around 70km and Pannur 60km from Chennai. They are near Sriperumbudur on the Chennai-Bengaluru route. The two sites are less than 30km from Sriperumbudur and Sunguvachatram . Getting a second airport has its own advantages as they boost the real estate development and the economic stability of the city. Since the pandemic, the real estate market has been steadily declining. Therefore, the government’s decision to build a new airport will create unique opportunities for people to learn to live with emerging technologies and digital transformation. A new light to Chennai : Pannur & Parandur Airport It is a big move to ease air traffic. The Union ministry of civil aviation (MoCA) has planned to open a new airport in Chennai. Civil aviation ministry Jyotiraditya S...
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PLOTS IN GUDUVANCHERY-INVEST IN THE LAND OF IMMENSE WEALTH AND GROWTH

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  THE CHOICE OF INVESTMENT DETERMINES YOUR FUTURE GOALS AND SUCCESS. No investment can  beat the investment made on land. When you take the best decision of your life you secure a  prosperous future in the land of infinite opportunities. So, wait not,  Wisdom Properties  offers you a  perfect destination that awaits to fulfill all your dreams and a secure future for your family. A  plot in Guduvanchery  is worth every penny you invest. Why Guduvanchery? It is a one-stop  destination for all urban city needs, it is also called as a ‘Hub of Chennai’. It not only connects major  places but also brings everything under one roof. A growing destination for a perfect home. Nevertheless, of all the property values are growing, Guduvanchery experiences more growth than  the others. It also provides you with top-notch facilities such as health care, schools, financial institutions and  many more. Moreover, with close proximity to schools...
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TNRERA REGISTRATION GUIDE

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  The Tamil Nadu RERA act has made waves in the way real estate functions in the state. Introduced to combat fraud in real estate transactions, this act aims to regulate the sale and purchase of the property.  Investments in real estate are considered to be risky because  of unexpected factors in the real estate sector such as delayed possession, poor construction quality, etc. As per the RERA Act, each state must have its own RERA body  that regulates real estate. Similarly, the Tamil Nadu Rera Act was passed in March 2016 and caters to the real estate body of Tamil Nadu. Here is what you need to know about the act. Functions of RERA Tamil Nadu 1. To cater to an d empower home buyers and real estate developers. 2.To create a transparent real estate market that values accountability from all stakeholders. 3.Offer speedy redressal for the concerns raised. 4. Foster a favourable environment to promote real estate investments. 5.To ensure that projects are executed in a...
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