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Chevrolet Sail U-VA Launched City Corner-June Realty bytes Boozing and driving Black outs will be knocked out Missing, but not missing the top spot Chennai teachers rank low The sunshine and the shadow side of this digital era Chennai Silks in flames Need for an integrated approach to medicine State VAT leads to inflation: a study Arnold visits Chennai Online approval of layout plans Working space for women by woman Two friends trigger a change Google street view’s India competitor Planning the right energy Outlays and outcome – the long gap Doing business is not so easy in Chennai Million landmark and Rs. 200 crore influx by Yamaha It is not only your noodle... Perplexing communications SGRI – a global research centre for building materials International conference on saving energy, environment Car-free Bessy Apollo targets a third of CV tyre market Tambaram tracks…. Vanakkam Chennaiyin FC A skinny affair Hawker’s paradise gets a permanent place North Chennai booms Presto! Bravo! Force Motors’ two new SUVs Water wars begin Bewailing monsoons the new fad Water woes From trash land to tourist spot Book your water tanker Metro chugs the green way Chennai airport to become solar-powered When Marina became the Tahrir Square Know the start-ups in the city The worst is yet to come K7’s Entrepreneurial Odyssey It’s so cool! The sweet killer Chennai to Bengaluru as quick as pizza delivery When Chennai became Venice Yamaha in the news A praiseworthy peer recognition City Corner Talk your way and land in a job Indian of the Year City Corner - Chennai Technology handshakes with sanitation Self-sufficiency in dredging... Meters return to the metro Tamil Nadu Premier League launched Thrills for the holiday season Building highs and lows Frontier Mediville attracts Japanese investments The sweet tooth of the city Metro chugs through the city Green energy, not really green? I know nothing else but cinema... CMRL takes off till airport TTV stumps all This dabba has a cure for all your ailments Pocket Therapist finds mention in Forbes Kollywood’s Mahabharatha Safe Trac-keeps track on your safety Is Chennai now the accident capital? Raj Bhavan opened the gates for public When the crowd will miss the roar The curious case of Evgenii Berdnikov A sweet marketing splash by Pattappas Maruti Suzuki wins NIQR award Mexico opens Consulate in Chennai Hey Chitti! please take my order Technologists to rescue Read before you buy... Cricket comes calling to Chennai Keep in touch, anytime anywhere Chennai gets its Imax Sathyabhamasat propels ahead Ennore Port excels Indian media-operators of democracy Education a cause of concern 377 yet young He made Ranganathan Street so crowded... Overflowing garbage The auto gets a remake Colourful welcome at the Saidapet station The underground don zips through Prithika Yashini takes charge... Must visit of 2014 Nilam threatens the city The 20-year itch of Hindujas ends Chennai Metro looking for revival Star studded city Medical miracle! City Corner India’s first 3D Museum An industry institution link… How to roast 45 human beings alive Chennai soon to get an Aerospace Park Aviation sector to grow three times... Metro mania Reality Check India’s first online-only bicycle brand Yes, you are safe! Chennaites lose 7 crore to debit card frauds Chennai, the noisiest city A feast for book worms Paranjoy on crony capitalism Murugappas-focus on consolidation A new technique to treat dry sewage Coimbatore backs up for Chennai 60 years of cultural and economic ties A budget that butted into deficit Engineering colleges lose lustre
 
Reality Check

Reality check

Chennai’s real estate market has seen it ups and downs. The floods had taken a toll on the reality sector leaving the supply being more than the demand. The collapse of a high rise building at Moulivakkam, made it more difficult to get approval from CMDA. Added to these are increases in cost of construction. Caught amidst all this are several projects of Marg Properties, wholly owned and subsidiary of MARG Ltd. Around 4000 customers are yet to receive their apartments that were promised delivery by 2013. Such is the case with many other construction companies being chocked and not able to meet promises made. With this at one end, the ever bustling activity seems to continue. Chennai will soon have the tallest residential tower of South India. The 161 metre high building with 245 apartments will be constructed by  the in House of Hiranandani. named ‘Anchorage,’ the project will cost Rs 375 crore and is expected to be completed in 60 months. 


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