New Guidelines for Building regularization in Chennai

The recent rule set by Madras High court has put several building violators in trouble. Builders who have violated the construction rules while building homes are said as building violators. The state government has appointed a group of members to find out structures that have violated the rules and regulations. Suddenly, the government started working at full fledge towards this announcement since a new set of guidelines were introduced earlier on June, 2014 by the government which stated clearly to take actions against unauthorized buildings.

Luxury Market Hit the city of Chennai

After few years, common people wouldfind it hard to own a home in Indian cities like Bangalore, Delhi, Chennai etc, predicts the recent survey. Luxury segment has started to hit the top metros of India such as Chennai, Delhi, Bangalore and so on. For instance, the current price of a residential property in the prime areas of major Indian cities are Rs. 2 crore whereas in the next few decades, the price is estimated to raise about Rs.4 crore displaying a rise of 70%. The experts are expecting the price rise at short stretch since it will increase the economy of the country.