Indian Warehousing Market Growth
Indian Warehousing Market Growth
http://www.thehindu.com/features/homes-and-gardens
CM J CH-X
YK
J2 CHENNAI THE HINDU
SATURDAY, JULY 2, 2022
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CM J CH-X
YK
Chennai ● Saturday, July 2, 2022
http://www.thehindu.com/features/homes-and-gardens
2 ENVIRONMENT-FRIENDLY
Q TOWNSHIP PROJECTS ARE IN 5 INVESTORS
Q NOW BET
ON OFFICE SPACES
Q
6 WHY FY 23 IS THE
REAL ESTATE YEAR
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*
GETTY IMAGES
Considering the
potential of online
sales, many
businesses are
switching to
omnichannel
“
business models and
scrambling for
additional
warehouse capacity
across cities
IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
costs are much lower. As a re
sult, the asset is a more affor
dable choice in the domain
of commercial real estate.
The occupancy rate for ware
houses is also high because
Warehousing spaces are in demand post-pandemic, of their low cost. The tenants
of a warehouse typically
and the industry has emerged as a resilient spend around nine to 15
asset class, says KENISH SHAH years compared to commer
cial office leases, which have
a lockin period of around
T
KK COVER K K 10.90%, as per the Ware
housing Market in India 2022
Report published by Net
he Indian ware ecommerce platforms has quirement. As a result, the scribes (India) Pvt Ltd.
housing market risen sharply as demand for warehousing industry has The Indian ecommerce
has garnered at goods has been at an unpre emerged as a resilient asset industry is playing a major
tention from glo cedented high, boosting the class and continues to show role in this growth. Due to
bal and domestic ecommerce market and wa an uptrend within the real the pandemicinduced lock
institutional investors over rehousing space require estate sector. A lot of capital downs, consumers started to
the years. In recent times, it ments alike. The organised is allocated to the technolog rely on ecommerce players
has been on a high growth food delivery segment has al ical infrastructure of the wa for the delivery of food and
trajectory. Since the out so grown because of the pan rehouse, to ensure automa grocery items.
break of COVID19, the usage demic, augmenting cold tion and efficient operations.
of warehousing facilities by chain warehousing space re Warehouse construction Continued on Page 3
CM M CH-X
YK
2 CHENNAI THE HINDU
SATURDAY, JULY 2, 2022
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Take the
window
seat
GETTY IMAGES
KK DECOR K K
*
place to park those plants. You
won’t even need to move them
into the sun
● Paint the window frame a
bright colour to add sunshine to
the room, whether it’s sunny or
not
● Buntings, cafe curtains and
old tins and accessories make
this kitchen window a work of art
● With the same colour as the
wall and tiles, the window can
also be a centrepiece in the
bathroom
● If you have the wherewithal
for it, there’s nothing more
A
— and can also be used to coffee shops before they entered create as much impact, and light, inviting than a window seat. Go
enhance the aesthetic appeal of home kitchens. These window as sky windows. Imagine dining for it, now
your space,” says Devangee coverings are usually hung on a under the stars in your own ● Windows don’t have to be on
window’s a done deal: Singh, a Delhibased interior rod across the middle of the glass home outside walls. Cut into your
a wooden frame and designer. rather than at the top. Some cafe ● Paint a couple of old iron kitchen for a window that’s
glass panes. Or Think of windows as a canvas curtains also have a top header brackets gold and adhere them to breakfast counter most mornings
perhaps aluminium in that you can play with, by using section, better known as a the sides of the window for that and serving space for parties
today’s time. What curtains, drapes, sills, boxes, valance. instant style ● Matching the window frame
else could a window possibly be? accessories, and more. The Cafe curtains offer only ● DIY lovers will love this to the cabinets is a sureshot way
Turns out a lot more. As Europeans, especially the semiprivacy even when drawn simple idea of adding fun to the of pulling together the kitchen
compared to not so long ago, Scandinavians, have made as a section of the window window. All you need are ● If you have a killer view, let
when windows only had one window displays a work of art. remains uncovered. That said, embroidery hoops and fabric that — and not the window — be
function — to let in light and air — They look simple — a plant, a they let in a lot of light and can scraps the centre of attention. No
it today has a bearing on the candle or two, a photo frame, or add style to a boring large ● Glass window shelves drapes, absolutely
design of a room, be it placement other accessories — but they add window. They can be closed or provide you with the perfect ● An openup window in the
of furniture or lighting. And the style and warmth, from the held open with tiebacks at each kitchen can be just perfect in a
right window treatment, apart inside and the outside. side, and look super cute. weekend home
“
from adding to the aesthetics of a Instead of just covering your ● Forego the regular curtains,
room, can provide privacy, window openings up with What else can you do? and play with drapes for some
security, protection from the curtains or blinds, why not ● Give a regular window a seriously unusual style
elements and act as additional explore this large surface area to complete turnaround by ● A shelf above the kitchen
insulators. add style to your home? Here’s surrounding it with white trim. It The Europeans, window with a display of white
“Windows are an essential in how: will look almost new especially the ceramic ware makes the window
every home. Each room needs Try cafe curtains to add some ● A window box on the outside into a vignette
them to get the right quota of cutesy chic to your home. Dating looks good from both sides. If
Scandinavians, have ● A sheer panel keeps prying
light and air. Different types of to the 19th century in Vienna, you don’t have a green thumb, made window displays eyes at bay while the potted plant
window designs can help serve cafe curtains — as the name opt for succulents a work of art brings some colour to the neutral
different purposes and functions suggests — were used in cafes and ● Nothing could possibly IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII window
With the climate crisis looming large, how can one be Your property-related legal queries answered by S.C. RAGHURAM, Partner,
more mindful while purchasing a home? RANK Associates, a Chennai-based law firm Joint
venture
Green is the only way to be Charged to maintain
R adiance Realty Deve
lopers India Ltd and
KK ENVIRONMENT K K KK LEGAL EAGLE K K Binny Ltd have signed an
agreement to jointly de
Our residence was velop 12.43 acres of land
Akash Pharande well as other natural re higher. In direct contrast, a Undoubtedly, environ P
constructed in 2001, with in Chennai on a revenue
sources. Most developers developer building an envi mentally sustainable hous
sharing model.
W
ith tempera are aware of the effect that ronmentally sustainable ing projects cost a bit more three blocks of plinth area
ranging from 630 sq.ft. to Varun Manian, MD,
tures rising development has on the en township will not cut cor than nonsustainable ones.
1,490 sq.ft. At present, the Radiance, says, “Large
around the vironment, but because ners on these costs. Do consider — homes in
monthly maintenance charges residential projects are a
world, the cli there is demand, supply fol An environmentally sus sustainable townships are
are collected at a flat rate of growing trend today.
mate crisis is forcing many lows. It is an economic im tainable township project also cheaper to operate,
₹1,900, irrespective of the size Customers want a good
GETTY IMAGES/ISTOCK
return to the ocean. Pune,
which once boasted of ex
tremely clement weather, is
not follow sustainable con
struction materials and de
velopment practices be
units. Water is recycled for
multiple uses, and the
township developer will
green home is not just a to
ken gesture — it is a perma
nent and substantial contri
P ROPFAIR, a property
show by My Property
Boutique, is being organ
Property Boutique Neelesh
Bora says there has been a
significant rise in interest in
vered gyms have made way
for open gyms; a multipur
pose hall would now have
also falling victim to climate cause these increase the make sure that traffic move bution for the ised at Chennai Trade buying properties after the 30% of its area for a recrea FIVE YEAR FOCUS
change. overall construction cost. ment within the project re environment. Centre from July 810. It pandemic. Those who pre tion space.
No doubt, the real estate This increased cost must be mains fluid, without bottle brings together 57 leading viously lived in bungalows The fair will have 25 real A weekly round-up of
industry bears a big respon put on their customers, necks which cause more The writer is Managing developers from Chennai are now opting for gated estate experts to guide and indicative property prices
sibility — development pro who may not buy homes in pollutants to be exuded in Director, Pharande Spaces. and their 400+ projects. communities. Bora adds answer customers on buy in one area of Chennai
jects erase green cover as the project if the prices are to the atmosphere. Founder and CEO of My that every project launched ing their homes.
that shows how the value
of real estate has moved
over the last five years.
Construction Material Cost
Material This Week Material This Week THIS WEEK:
CEMENT
CEMENT PER 50 KG BAG
BLUE METAL
12MM ₹60/ per cft
KORATTUR
₹350/-
(BULK-300 BAGS) (*) 20MM ₹66/ per cft
CEMENT PER 50 KG 40MM ₹56/- per cft REALTY RATES
₹380/-
BAG (RETAIL) (*) BITUMEN AT I.O.C (bulk) Segment 2019 2014
STEEL Grade 80/100 (VG 10) (*) ₹54,230/- (INR per sq.ft.)
TMT 8 MM dia ₹78,234/- Grade 60/70 (VG 30) (*) ₹55,175/-
Luxury NA NA
LABOUR apartments
TMT 12-32 MM dia ₹77,054/- MASON Per day ₹1000/-
Premium 5,750 6,100
BRICKS 3000 NOS (*) ₹34,000/- MEN Per day ₹750/-
apartments
P. SAND ₹90/- per cft WOMEN Per day ₹650/-
GETTY IMAGES
M.SAND ₹80/- per cft PAINTER/PLUMBER Per day ₹950/- Budget 4,850 5,000
CARPENTER Per day ₹950/-
apartments
Source : Builders Association of India (Southern Centre) 02.02.2021
(*) Exclusive of taxes, transport and handling charges Strategic Consulting, JLL
*
CM M CHX
YK
THE HINDU
SATURDAY, JULY 2, 2022
CHENNAI
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have also led to a positive res The industrial and ware nesses are switching to omni gistics, manufacturing, and
ponse with a rise in demand. house real estate market in In channel business models and warehousing sectors.
Moreover, the government’s dia is witnessing a steady scrambling for additional wa However, whether a ware
Bharatmala Project focuses growth and expansion and rehouse capacity across ci house investment is good or
on establishing 35 multimo this is likely to continue. The ties. 3PL, the government’s bad depends on its location,
dal logistics parks throughout investment is more stable in tax benefits to FDI invest the economy, the real estate
the country, with four pro terms of the consistency of ments, the growth potential investor’s capacity and risk
posed for development in rental as opposed to office of ecommerce, and India’s appetite.
Maharashtra under the Pu spaces. cost advantage are all driving
blicPrivate Partnership. Such Considering the potential forces attracting a sizable fo The writer is co-founder,
a mix of logistics operations is of online sales, many busi reign investment into the lo PropReturns.
expected to boost the logis
tics and warehouse opera
tions in the country.
“
●
crease 3PL warehousing de are confident in their investment should opt for direct
There was more focus on mand. The newer industries warehouse purchases. After buying the warehouse, the
the sameday delivery model. like ecommerce with 30 mi investor can rent it out to different businesses to earn
Consequently, ecommerce nutes and 10 minutes deliver attractive returns. Or they can also buy preleased
companies are trying to stock Due to the ies in the lastmile segment, (already rent generating warehouses), which will
more inventories closer to pandemic-induced telecommunications, health minimise their leasing risk
customers’ locations to im care, and IT will be other
prove the quality of products
lockdowns, stronger driving forces for
● REITs: REIT refers to Real Estate Investment Trust. This
upon delivery, and optimise consumers started 3PL warehousing.
prominent vehicle in the real estate industry allows
individuals to invest in large-scale, income-generating
efficiency. This, in turn, in relying on After the government in real estate assets. Using REITs to invest in warehouses
creases their demand for wa e-commerce players troduced the Production is the safest strategy, especially for those who are new
rehousing in tier1 and tier2 Linked Incentive (PLI) to the market and do not have sufficient knowledge of
cities. for the delivery scheme, many sectors, in the market
of food and cluding food processing, mo
Converting existing retail spaces into warehouse
3PL revolution grocery items bile devices, pharmaceuti ●
CM M CH-X
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4 CHENNAI THE HINDU
SATURDAY, JULY 2, 2022
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SELLING RESIDENTIAL FLAT - RESIDENTIAL FLAT - RESIDENTIAL HOUSE RESIDENTIAL LAND RESIDENTIAL LAND RESIDENTIAL LAND
NEW RESALE
FARMHOUSE / LAND / ECR NEELANKARAI 50Mtr frmECR 12Gr KODAIKANAL VILLPATTI Village VELACHERY MADIPPAKKAM North 8Grnds
RESORTS IYYAPPANTHANGAL SRINIVASAPURAM (In- 2 BHK Apartment for sale in N/F 1.85Cr/Grd 9940333966/88acres. 3Ground Near Resorts for Sale. Vacant Land 60x80 30ftRd 9444019575
side Villa Gated Community) 2 & in 9884099294
JOINT DEVELOPMENT Sivalya Building at Egmore. Two
KODAIKANNAL − 25 Cents Upper Lake 3BHKDlx Flats, Lift, CCP, Poss−Jul, apartments with 1200 sqft and 1300 NOOMBAL − Punniyakotti Nagar, MMDA ADYAR PRIME 2.2Grd 70ft Frontage
Observatory Road Prime Property 22Ct: 98412 10852/ 90806 50425 sqft,each 75 lacs,2 nd floor and MYLAPORE KANGAYAPURAM 455S.ft. for Appd 4500 Sft − 2Cr. Ph: 9444388751 40ft Rd, NorthWest Corner.
Fully Compounded Ct: 7299910004 45 yrs old building with good uds. Sale Rs.40L Brokers Exc 7010198266. 9444019575
OMR THORAIPAKKAM, New 3 BHK Currently fetching 45k rent each ANNA NAGAR 3200sqft (6.5Crs) Pe-
FOR GATED Community 1.4Acre in flats with Ccp/Lift Phone : 7305411633 flat. Ct.9043702057 OFF OMR Semmanchery, Perumal kovil rambur 2130(1.1Crs) Aynavaram 1800
25Cents or above Construction for St 6000Sft Rs1.90cr.ct 9884099882 (1.7Crs)Ct: 9790819034 / 6379950300 ECR NEMMELI 3Grds E/F 30ft Rd
Villas Coimbatore, Thondamuthur MADIPAKKAM RAM Nagar North, NUNGAMBAKAM 3BR 885sf BA 1658sf NF 100ft Frntge, Resi/FarmHouse.
Town with 30feet Rd inside Land. 1400Sft 3BHK Premium Flats CCP CCP Lift HanuReddyRealty 7338730842 ECR PALAVAKKAM Sankarapuram 1st St, CHITLAPAKKAM − Nr. Varadharaja The- 9444019575
8248458384 Lift Completion Certificate Ready 1600Sf with Buildg appr 9841499196 atre, 2600 Sft − 1.20Cr. 9444388751
to Occupy Raahul Foundations Pvt ANNANAGAR EAST BA 1536 sf 3BR Lift VAIYAVOOR, KANCHEPURAM 7200sft
ECR APRD Akkarai 9& 1Acre Uthandi MUDICHUR Gajalakshmi Nagar, Size: 60x120 DTCP Rs.675/Sft
ECR BACKWATER Mudaliyarkuppam fenc- Ltd 9841006306 CCP Posh HanuReddyRealty 9840433660
ing 2 acre 1 acre 65 Lac.
5& 9 Gr Kaanathur 2& 9 Gr DTCP 1 Ground plot Ct: 9840605018 9444544502
9841050080 RA.PURAM PRIMEAREA 2375Sft 3BHK ANNANAGAR 2000SF 3BHK Duplex N.Fac
2CCP Lift 100% Power Backup 7397476489
Lift CCP HanuReddyRealty 9940017474 ECR− SEA Cliff, Akkarai 2.5 Ground 1 GROUND Plot at Poichalur, Near
✔ MUGAIYUR ECR, Nr Anora Resort, 9790728408 ECR APPRVD Neelangarai 3Gr Vet- plots for sale. Contact: 9382600050 Saibaba Temple. Contact : 87780
KOLAPAKKAM 1.4ACRE for sale at Happy Bay,12000sqft Land, DTCP Ap- OMR − NEVER Before Never After ASHOK NAGAR DELUX Flat 2BHK/3BHK/ tuvankeni 2& 4 Gr Buyers Only SHOLINGANALLUR BHND Accenture 1545 80938
16cr/ JV from Reputed Firms proved − 9150177045/ 9840239310 2BHK 35 Lahks all Inclusive!Only 70 % UDS1200/ 1800sft CT.98409 9600003559 NE 1.54C & TALAMBUR Sachidanandpu-
9080576020 44104
LAKE VIEW Farmland, 30mins Maha- Registration Charges Extra, Hand- ram 2400 SE 90L 9940029617/ KOLATHUR, SECRETERIAT Clny 2plots
balipuram,23Cents @ Rs18L : ing Over Dec− 22 Ct:9840024372 VENUS COLONY Exclusive AC 3BHK/ ADYAR− CANAL Bank Road − 5 grounds 9003292418 of 1200sft 77.5lakhs/plot
LAND OWNERS for JV 1 To 2 Grounds for sale − Call 9900097933
in Chennai. Contact: 9150010858 9940040053 4BHK Study 2CP Power backup GUDUVANCHERY− NELLIKUPPAM Ind. 9841507189
NANGANALLUR READY to Occupy 2BHK VELACHERRY PRIME Area 1Ground 30ft
6379611147 House 1BHK@ 16L, 2BHK@ 20L, Near
50CENT FARMLAND@KUVATHUR ECR, 852sft & 3BHK 1700sft Flat for 100 feet Road, 90% Bank Loan. VANDALUR RATHNAMANGALM 1Gd 40Ft Road Comm/Resi use 4Cr:9884588199
SELLING 500Mtr ECR Main Rd, Rs35.7L Sale with CCP, Lift, Power Backup. TNAGAR BURKIT Road− Alacrity FF Ct:9841753336 Corner Rs1375/− 8148705589/ KEELKATTALAI WEST facing 2464sf
:9940040053 Ct: Nithya Builders− 98410 23587 810Sft 2BR Lift vacant. Ct 97898− 9840478966 MAHALINGAPURAM POSH Nr LoyolaClg 38.5x 64ft 1.5 Cr imm.sale
COMMERCIAL FULLY GROWN Mango Farmland @ ECR, MYLAPORE 2,3 & 4 BHK with CCP & 64370 KODAMBAKKAM TRUSTPURAM 990Sf G+2 1.4Gr 40ft Rd South 7. 9499056529
2500Sf Rs. 2.3Cr Nego. Ct: PALLIKARANAI 3BHK Flat 1340 Sft 25Cr9884588199
90mins from Adyar.25Cent @ 33L lift Ct: 9962511625 840 UDS Car Park 85L Ph: 98404 ZAMIN PALLAVARAM Nr 200ft Rd AGS
SIPCOT PHASE−III Ranipet Builtup with Swimming Pool, Clubhouse KKNGR RENOVATED 70LAK 1000SfFlat 9444048071
BOAT CLUB Near Posh Ready 3BHK 567UDS 1stFlCCP 8056411999/ 27159 POONAMALLEE 1050SFT CMDA land Bank Colony 1472sf 90L imm.sale
area 10000sf shed 1.07Acre :9600036208 NUNGAMBAKKAM LAND area 3400sft, 40 loan Available 2500/sft. 9500037008 9499056529
9884172279 1670 Sq.ft 2.65Cr 9884308989 9962211999
ECR MARAKKANAM Seaside 63Cents feet road brokers excuse 9655755888 VIRUGAMBAKKAM 840SQFT, Near De-
EAST MOGAPPAIR seethakathy street, Near Back Water 45K Per Cent KODAMBAKKAM POWERHOUSE, New Flats VADAPALANI 1440SFT 3BHK Fully Fur- vikarumari Theatre Contact: NOLAMBUR 3GRD Aprd Plot, Rt−7Cr No NUNGAMBAKKAM POSH Area 3200/1600/
commercial/ Residential property, 9894603338 for Sale 2/3 BHK with CCP/Lift nished Apartment Resale. 9884594789 9597070019 Broker Kavin Associates 7871456789 1480ft W8 Reality Ct: 9840167344
land one Ground, building three with Excellent Specifications.
VADAPALANI CLOSE to100Ft Rd CHENAGALPATTU DTCP 1Sft Rs.200/−
shops, three portions of two bed- ECR MARAKANAM− Tindivanam SH Rd 7810025909
(Phase 3) Nr. GST Road. KILPAUK NR Taylors Rd 3200,3250sft
room house for sale contact − 7Km From ECR 3Acre 15L/Acre 737sqft 2BHK UDS 426SQ 49L Nego
9894603338 IYAPANTHANGAL NEW Flats Close to 9884936686 Ct:9841025123 40ft Rd South Facing,NF. 7904047233
9840326484
Arcot Road & Bus Stand.
COMMERCIAL RENT Fetching Property THIRUVALLUR VYASAPURAM 2Acres Pun- Ct:7810025909 T.NAGAR HABIBULLAH Road near − CHETPET PRIME Area 4.5Gr East 40ft ARUMBAKKAM POSH Area 2400sqft EF
Available for sale in Anna Nagar jai Land,40L Nego Imd sale Posh 3 BHK, 3 floor 2200 SFT, 1 Rd No Brks:9884588199 / 9841277857 50feet Road W8 Reality 9840167344
East. Reputed tenant. Ct: 9444419005 ADAMBAKKAM NEW 2BHK and 3BHK Flats CCP. Rs.12500/SFT. 3t Properties −
9840998441 For Sale. Ct: 7810025909 (An IIM Alumni Venture) for Truth, POTHERI OPP: SRM DTCP Aprd Plot
ECR KANATHUR Seaside On Road Nr Trust &Transparency − 7708077011 1000sqft Rs.1450, 90% Loan ECR UTHANDI 4.5Grds Frontage 100ft
MUDICHUR 35CENT Full Compound Mayajaal 1Acre. Resi/Comm. VIRUGAMPAKKAM NEAR Balalok School 8148482770 Above 500Mtr 1.15Cr/Grd 9962188340
5000sf Godown. 9884112992 / 9840821209. New 2BHK Flat For Sale. ALWARPET CENTOPH Rd 1St St 1600Sft
7358334237 Ct:7810025909 3BHK CCP 1stFlr 1000UDS. 9884988604 NUNGAMBAKAM HI−RD Nr Taj 3Gr, An- THIRUPORUR−OMR ON−RD villa Rdy to
ECR ON West Side of ECR Road , 500 naNgr Shanthi Clny 2Gr, West Mam- construct−DTCP/RERA Appd 9626649723
ANNA NAGAR 1st Avenue 1000sft Base- Meters inside , 5 KM before Maha- KOLATHUR 2&3 BHK Ready to Move, RA.PURAM OFF.GREENWAYS Rd New balam,Kodambakam 2Gr Only Byr.
ment Office for Sale.Cont balipuram 3 Grounds for Sale , Lake view Apt. CMDA Appr, 200ft 2400Sft 3BHK+Serv Qtr AllAmen SALE ELITE B’low 7 BR 3 HLS 2K 7305754923
9962664599 West Facing , DTCP Approved Plot road, All Amenities, Metro Stn. 9884988604 Lift GEN 7500 SFT Land 3619 SFT. ECR INJAMBAKKAM VGP Resort Apprd
Well Secured in A Developed Lay- 7094222211 Buyers Call 9884669545 ECR AKKARAI 4500sft Aprd Rate MAPPEDU DTCP Appd 1200sft, 3+3Grd 1.60Cr/Grd 9962188340
✔ ASHOK NAGAR 7TH AVENUE 500sft out. Price Rs 450 Per Sqft. Bro- ABHIRAMAPURAM 2200 Sft II flr 4BHK
3.2Cr 9585299777/ 9841798922/ 2400sqft, Rs.390/sqft No Brokers
with 35feet frontage,Rental Income kers Excuse Contact Owner : OMR, PERUNGUDI Ready to Occupy Living, Dining 2CCP Ct 9543600999 RAMAPURAM PARKDUGAR Gated Indp Vi- 88acres.in 9884192824 NAVALUR/THALAMPUR−DTCP− RERA Appd
40000/−p/m, Genuine Buyers 8977919300 3BHK 1800sqft 2CCP Loan Ang. la2450 Bldg/2200 Land Own Reside luxury villa plots−
call:9841044632 9840109460 SAIDAPET SRINAGAR colony 1100sqft 8438323973 PADAPPAI APPD. 1273, 1395, 2668 ALWARPET CIT Colony S.face passage 8667079300
THIRUVALLUR DD College Nr 20Acres Sft, Rs.175 per Sft. Ct: 9884740977 property 1.5 grd No brkr 9381009151
ANNA NGR Shanti Clny 2&3BHK Vastu 2BHK Flat Ct:9840246265/9840253183 ECR AKKARAI Kartattack LA 3.7Gr BA
COMMERCIAL BUILDING Fencing 7200711009
Land, 3Well +Bore.
2Lift CCP CCTV GrdnTerrce GUDUVANCHERY NH EB 2BHK 610 Sqft 5500Sf 100% Vaasthu Well Main- ARUMBAKKAM 2 Gr Land for Sale 3 TAMBARAM NR Camp Rd Nedungkundram TAMBARAM CMDA 3673sft /5k, 3100sft
8565856570 tained Bungalow CMDA Appd Ct: Side Rd 10 Cr Brokers Exc. Village Ashok Ngr 1Ground. /7k. S.Chathram DTCP 3G. 9380928275
AGRICULTURE ORGANIC Farm Land Well 13Yrs 17L, CP. 8072769687,
9884511238 7010198266 8925018244
Developed,Gated Community,6types& NUNGAMBAKAM 3BHK Vastu, Lift CCP, 9094900333 RESIDENTIAL/INVESTMENT VILLA
16yrs Old Fruit Trees@ CCTV, Garden, Offer Price KUNDRATHUR − Balaji Ngr, Nr. Mar- PAMMAL SHANKAR Nagar 26th Street Plot@Navalur OMR.DTCP/RERA Apd
7200918000 ADYAR NEW 3BHK Flat 1500sft CCP Se- ket, G+1, 1155 Sft − 40 L. 1200sft
Achrapakkam,Nr.GST curity W.Work Lift. Agent Apprd 9965658879 / 9940456601
Road,25cents,18L.Ct:7550030097 9444388751 9841684171
VALASARAVAKKAM VS Ngr 2nd Main 9444383584
ECR AKKARAI Excellent Location East Face 3BHK Interior CCP ✔ KELLYS/ KILPAUK Posh Locality ANNA ENCLAVE ECR Injambakkam Appd.
18Gr 500meter from Sea NoBro 9003112829 ABHIRAMAPURAM 1500 Sft 3BHK 1 flr ECR! SEA Side Plots for Sale 2 Land abt 3.3 Grds Tel: 70107 71262
1CP Ct: RPC 9543600999 Bungalow (G+1) 4BHK Excellent Ground @ 36L, 30 min from Maha-
7200033666 Frontage East Facing 8441000666 /
T.NAGAR LUXURIOUS 3BHK Flats sale balipuram towards Pondy! DTCP &
CCTV/CCP/VDE/Lift/Gym Ct:9840965103 MYLAPORE NR Kabaleeshwar Temple 9940077911 RERA Registered Bank Loan Eligible THIRUPORUR−OMR ON−RD Villa −Rdy to
1BHK Apt II Flr NF 28L Nego construct−DTCP/RERA Appd 7305298029
MADIPAKKAM RAM Nagar North near Ra- 9840719645 ANNA NAGAR East Indept House Free Site Visit Available Call:
mar Koil 2BHK, CCP, Lift. 1.6Grd 5BHK N.Face. No Broker. 8007980076 IVY Infra & Developers ECR KOOVATHUR DTCP approved plots
9840426444 RA PURAM 3000 Sft 4BHK Living, Din- 9003123066 for sale Sqft Rs.399 onwords. Con-
1230, 3400 & 4600sft Furnished for ECR INJAMBAKKAM 2Grounds Uthandi
ing 2CCP Ct: RPC 9543600999 tact: 7010475862 / 9789962699
Office use @ Sapna Trade Centre P R.A.PURAM FANTASTIC 3BHK 1 Flat in 1740SQ LAND with Building for Sale 1Ground Kanathur 4Grounds
H Road Ct: 9840151851 / 9381007255 1 Flr. CCTV/CCP/VDE/Lift 9840965103 NUNGAMBKM NR.HADDOWS Rd 1600sft Nr Amir Mahal Royapettah 9840566885 9841112037
3BR Attached UDS800 OCP 2Cr OMR THORAIPAKKAM Chandrasekaran
VALASARAVAKKAM NEW Indp Luxury Bun- ECR KANATHUR 1200sft 2400sft CMDA VALASARAVAKKAM SRI Lakshmi Ngr Ave 3200sqft Corner 2.40Cr
✔ KODAMBAKKAM NR Raghavendra RESIDENTIAL FLAT - 9840961819 galow 6BHK G+2 Flrs 3CCP Furnd Approved 4500/− Per Sqft. 2Grnd Corner Site.9941945554/ 9940558840
Kalyana Mandapam G+2.5Flrs, RESALE
5500sft, Good Rental−9150177045/ OMR−SHOLINGANALLUR Vishranthi Lift Home Theatr Gym 5−Crore. 8122887506 9841061999
1923sft 3BHK 4th Flr Lift UDS 9790828187
9840239310, No Broker
1308sft CCP 14 yrs old. 80L Sohail INDEPENDENT DUPLEX House for sale, PERUMBAKKAM 1.5 Grd NW corner Aprd OMR THALAMBUR Karanai Behind AGS ECR UTHANDI Vgp Layout Gandhi Na-
OFFICE BLDG 2.1Cr @Meenambakam
T NAGAR 1025/1459Sf 22yr old 2nd
9841012781 &Clear Title Only Cash 98410 53951 DTCP 1900sft 35L LoanArngd gar 1 Ground, North Facing, Posh
Location, 1.30 Crs, Seaside above
Flr, Lift.Call 9884277557/ 5BHK, Land 1100sft, East Facing, 9840722360
Rent income 1.15L Loan avail GENERAL 8072511724 G+2, Build up 3000sft @ AnnaNagar PASSAGE PROPERTY Best Buy Saligra-
350 Meters. Cont: 96770 59942. No
9361422009 PRESTIGE BELLAVISTA Porur: 1340sft THIRUVANMIYUR OFF LB Rd 3055sft Brokers
VELACHERY NETHAJI Colony 2BHK
GUDUVANCHERY BEHIND Power Grid 980sft UDS−620 GF CCP Rs.55L. 2BHK CP Gated Community. 9551079104 West, Rate: Rs.3Crores. Ct: mam 1626sf Nr Sankara Koil
30ft Rd S.face. SR Estates:
9092903311 9840843872
2.25 Acres Suits Residential 9094066722 VELACHERY CEEBROS 3BHK 1680sqft 9841436766 NEAR SUNGUWARSATIRAM ,3Km,
School, Godown, Hospital, Layouts 2CCP EF NoBrkrs AspraRealty BESANTNAGAR PRIMELAND 2300SFT, SALIGRAMAM VIRUGAMBAKKAM SBI 1987Sft,
PERUMBAKKAM GANDHI Nagar 3000Sq.Ft Ct:9444942825
DTCP Land Sales.
7810022125 BESNTNGR 3BR Flats 1581 & 1317sft 9710636490 Buildg 4000Sft 4BHK CCP 15Yrs colony 3152=1600sqft 2.60cr
9790728408 9150708005 Land for Sale. Contact: 9840048198
SOMANGALAM 5 Acre 12 KM frm Tam- 2Flr 4yrs ManiyanRealtors−
NANGANALLUR FLAT for Sale 3BHK RETIREMENT HOMES Sale@ Chennai
baram Suits Resi Layout/Indy/ En- 9840721840 1516Sqft, 3yrs old, GF, Prime Loca- Kanchipuram Pondy Coimbatore KILPAUK 1.5 grounds near Ega The-
ANNANAGAR PRIMEAREA 49x100Sft AP PERUNGALATHUR APP 3640sf Ashok Ngr
duse HanuReddyRealty7338730823/ 2BHK FLAT 70L @ Malles Construc- Plot East Facing on40ft Rd Nedunkundram 2600/sf Neg 9840436332
tion, Cctv, CCP, 40 Feet Road 8951073355 atre suitable for retail showroom. 9884607798
7604919999 tion Mambalam,Nr.Kittu park . 9551002222 Premier Investments 9841025546 /
7010000484 ECR VETTUVANKENI Royal Enclave
BUYING BESANT NAGAR, Near Busstand, 1057 044 28225546 CHITHALAPAKAM TNHB MIG 1940sf 85L, 4500sft 33Ft Rd CMDA 3.40Cr
ALWARPET 2BHK 1091sft NF CCP Gated sqft UDS, Independent row house of Kamaraj ngr 1560sft 52L 94442 57659 8190002747
PALAVAKKAM ECR 1200Sft UDS 615 FF POSH NoBrkrs AspraRealty 9710636490 1300 built up areacalm locality, CMDA APPROVED Plots Near Avadi
Lift Genset Car&Bike 90L 3499, 3406Sq.ft Suitable for Flats ECR 6GRD CMDA Apd ChinnaNeelan-
COMMERCIAL BUILDING 9884978182. GEMINI PARSN Manere 8th Floor B− 30 yrs old. 1.30 crs. Ct: 98416 Promotion / Investment Fully Sur- garai Seaside Singaravelan St KAMAKODI NAGAR − Pallikaranai 1.5
BESANT NGR Kalakshetra Clny 3BHK Wing Near Gemini Flyover. 22134/ 93449 28730 rounded by Houses. Ct:9087909918 9840300200 Ground, Corner 2.20 Crs. 9841707070
PADAPAI − Salamangalam Lakshmi Ct:9176325463
Ngr, Appd. 5750sft −1.50 Cr. 4th flr 22yrs Old/ Lift CT− GUINDY KATHIPARA Jn Ravi & Defence
REQ COMM Building or GF Showroom 9444388751 9677206419 Colny Ind House in 2.5, 1 & 0.75 ECR KOTTIVAKKAM 1 Ground Apprd, ALWARPET POSH / Prestigious Land OMR THORAIPAKKAM 2600sft Aprd Clos-
PERUNGALATHUR TVS Greenhills,Gated Grd.Noah Land:9444046026/ Akkarai 9Grounds Apprd N/F. Mark Clear Title 1.6Gr Ct: eto OMR Split Half Ground
with Tenant Budget 5to55Cr Com,600sf, 2bhk CCP,8yrs 9840856171 9840046026
9840055888 ADYAR SHASTRINGR 1650sft GF Flat N/ AYANAVARAM DOSHI recently renovat- 9884777887 9884511238 9884766866
F CP Suits Clinic/Office 9600059595 ed 1310sft semifurn 1.1Cr. NANDANAM TURNBULLS Road 1050Sft ANNANAGAR POSH 50x100, 45x80
WANTED INDEPENDENT Commercial COMMERCIAL 1.7GR Land&Building 9840727221 2BHK Lift Genset CCP 1.10Cr North, East facing.Only buy-
COMMERCIAL
Building with Rental income in 7500 sqft with Tenant No Bro MYLAPORE, WELL maintained 2 bed- 9884239783 ers:9840040333
Chennai for our client. Sri Sai. 7200033666 CHROMPET GST Rd behind Pothys
room apartment, 1043sq.ft in good 17000sft GF FF SF. 9840462162/
9600073192 MYLAPORE 2650SFT 3BHK UDS1400sft THENRAL KUDIIRUPPU TNHB Colony
KOYAMBEDU OPP CMBT on 100’ Road 15 location. Hemdev’S:9840024444/
EF Gym 2CCP lift partyhall lyappakkam, 960sft 50 lacs. Ph. ACCOMMODATION WANTED 9884099988
COMMERCIAL LAND grds multi−purpose site. 8939260660 9566123282 9840930580
GENERAL 9444212321, 9841129225 - COMMERCIAL
INDUSTRIAL LAND Sale 4800sft Avail- CHENGALPET GST Bye Pass Rd 18Cents ADYAR, 2825 sft, 4 Bedroom+study ABIRAMAPURAM 2000SF 3BHK UDS780 Sf MYLAPORE, KENNEDY St, Nr: Isabel
T.NAGAR G.N.CHETY Rd Furnsd
able Maduravoyal(Nr.Alapakkam Ve- (8 Plots) 944 to 1097sft for Comm in a quiet neighbourhood. Semi fur- GF S/F 25Yrs Old 1 OCP −7550084226 Hosp,
1350sftOffice Cabins, Lift CP
lammal Vidyalaya) 8754422521/ / Resi Pachaiamman Temple nished. Hemdev’S:9840024444/ 2Gnds, 45’ Frontage: 9444116320
8754422544 9344001825 9566123282 9003214244
✔ ASHOK NAGAR Near Pillar 1030
OMR KARAPAKAM on road 2Ground Cor- GOOD Investment DTP House sites KOLATHUR 600SFT 1BHK 1st Floor Ct: sq.ft 2 BHK 2nd floor East facing, MADAMBAKAM INDL House G+2 Flrs WEST TAMBARAM −Prime Location
ner Property Rs.8.50 Crore at Thiruvathira Nagar, Coimbatore, 98401 51851 / 93810 07255 OCP, 20 yrs old. Buyers call 98410 (2448Sft Land & 3800 builtup CMDA 1400sft, Ground Floor Lift, Power
7305775758 Near Singanallur. Rs.4.75 Lacs per 44632 appd nr. Schl) @ 1.75Cr Nego backup Suitable for Bank, Office,
Abhiramapuram 3BHK, 4th Floor, Showroom, Parlour. 9382122931 /
cent / Rs.1090 per sq.ft. Call: 1280sq ft., UDS 586. Price 2.30 Crore.
7603871592
4 Factory / Sales Ayalcherry Villa- 9500444288, 7339188488. AYAPAKKAM HOUSING Board Nr ICMR 8124689379
ge 2.15 acres, 150 hp power, 120 Phone: 7550005377. Flat for Resale. 7yrs Old Clear SALIGRAMAM OPP Passport Office
kva gen set, 12800 sqft shed with RESIDENTIAL Madipakkam Balaiah Garden 4BHK Document 1BHK 444sft Uds 268sf just 100mtrs from Arcot Road T.NAGAR PONDY Bazar GF 2500Sft
Compound Wall and Gate, near 1640 sq ft Brokers excuse Contact: 9940057998 2235sft Land & Buildup 1678sft NF
Open Hall. Comm/ Off Purpose
Poonamalee Bangalore Highway 8056235255.
30ft Road. No Brokers: 9444055571
9884816069
Contact: 9003233300, 9444745555. NR REDHILLS bet Nellore & Tiruval- PAZHAVANTHANGAL 1372SFT 2BHK FF / 9962591914
lur High Rd 2Gr with Shops & Patta OMR NEAR Kelambakkam 2BHK 900sft UDS 854sft CCP. 9940069782,
KUTHAMBAKKAM NEAR Tata housing 5 Land 7Ground & also Various Plots flat resale Rs.32L & OMR Padur 9940069783 KODAMBAKKAM, LAND 3650 Sft, BUA COFFEE SHOP space avlble for Rent
RESIDENTIAL acres PR Zone 315 feet frontage. & Houses. Ct: 9841963069, 2BHK 900sft flat resale Rs.38L 1850 Sft, 30Ft Road,G +1. in IT Building behind Stella Maris
Suits Factories/ Apartments. 8754535979 9176475147 SELAIYUR CAMP Rd 2BHK GF 800Sft Ct:9345660027 College. Rent 4000/−. Ph:
9381019685 UDS 550 Bike Park 45L Nego: 9381280808
3,300 Sq.ft land area, 250 meters from BRAND NEW 2BHK Flat @ ECR, Thiru- 9566229965 INDEPENDENT VILLA land area 1000,
NRI.DR REQ Annanagar Kilpauk,Any OLD WASHERMENPET on TH Road 3.5 Vishwanath temple, Bansphatak, Vara- 900, 690sq.ft., Building Area
vanmiyur 1160sft UDS 613sft West
PoshArea Bunglow/Land/Flat Grounds Ct: 99626 20152. nasi. Ct: Ankit Gupta +91 7357313117 Facing/ 2CP. Vestor Estates 73389 1 BHK with CCP & Lift, Near Sholin- 1000, 900, 800sq.ft., for Sale NEW BLDG, GF−1550sft, Madha Ngr mn
9840244446 ganallur Junction. Built up 850 9094364343 Rd, Moulivakkam,ch−125, Near Kun-
VELACHERY OPP Phoenix Mall 4560Sq. VALASARAKAM VILLA 1/2Gr 1.25cr 01141 drathur mn Rd 73586 11573/89393
ft Land Sale. Rs.9Cr. Ct: with build 2.5cr ct 9840068182 Sq.ft. Tel: 70107 71262
KATTUPAKKAM/ MANGADU 2BHK furnish KILPAUK POSH 2400sqft G+2 4BHK Vil- 67625
RESIDENTIAL HOUSE 7904516628 930sf 400UDS 1flr,CP lift PALLIKARANAI KAMAKOTI Ngr 2BHK Apt la 1CCP 2.5cr 24Hr Realty
OMR KOTTIVAKKAM On Main Road 3Grds 9445695206 1070Sft 62L Nr DAV. CCP.9003041820 9840172119 KILPAUK SECRETARIAT Colony 4th
UTHANDI,TWIN VILLA 3Bhk−−2000Sft, CMDA Apprd No Brokers. 9840600666. ADYAR GANDHI Ngr Dplx flat 3.5BHK− NESAPAKKAM,NR AROKIA Hospital 1BHK, THIRUVANMIYUR L:40X60 B 2000sft Rd Street 1550sqft 2nd Flr. Ct:
ModularKitchen Nr TollGate 3.7ACRE NR Ramanujapuram Lake Madu- 1800Sft Pvt Terace 537sft 1 Flr, 30Lacs:Ct: 9000605096 30ft width 3.50cr. Agent 9962126962 9840922262
9840995833 ramangalm 4km frm Bglr NH 600Sft:9841868781
9444377171 ADYAR POSH 4BHK 2825sft 4thFlr, ASHOKNAGAR NR.ANJANEYA Temple 10,000 SQFT Building suitable for
THORAIPAKAM, RADIANCE MANDRIN,3BHK, Lift,15yrs Old 4.25Cr.Agent 2100Sft Land+old Bld 40Ft Rd. Stock Godown & Ware House @
✔ NRI REQUIRES 1.5/ 2Grnds in K K COML PLOT 1Grd 48L Loan Avble Rent 1575sft,15flr,1.5cr nego 9841599588 9962111885
Nagar, Ashok Nagar North/East Face :9566171775 Karumathampatti, Coimbatore near
prefered. Only Owners call: 50K/pm Nr Hyundai Car Co 8939746509 PORUR SABARI Nagar 2BHK 900sft UDS NUNGAMBAKKAM POSH 3300sqft 5BHK BESANTNAGAR 5000SQ.FT Constructed NH Rd. CT: 7373289855, 9943600554
9841042070 NEAR TAMBARAM West, 8 Km on 660sft FFlr 12yr CCP 65L 9840091267 2CCP 3.5cr Neg 24Hr Realty G+2 Bungalow 9840395553/ 9445627717
road 76 cents 2.8crs Ct: 9444048015 THIRUVANMIYUR ON road 250sqft
K.K.NAGAR 2BHK, 40 Lacs Ready Occu- 9840172119 shops &office ct. 9962282723,
RESIDENTIAL LAND 24000 & 92,432 Sqft Lands Ready py, Loan Arranged No Brks T.NAGAR VERY Nr To North Usman RESIDENTIAL LAND
For Sale Industrial Purpose. Nr. 9566000515
9150481982 Road 1100sft UDS 554sft 3BHK
Saint Gobain, Sriperumpudur. Ct: OMR−− PERUNGUDI−− 40’x60’−− CMDA−− THIRUVERKADU SRI Shakthivel Nagar
OUR CLIENTS Interested to buy 2− 6369521526, 9445045411 Plan+Piles done. Call: 7550114995 MANDAVELI EAST Circular Rd 40f 9381333339 3500 TO 7500 sqft ground floor
3BHK 1425sf Genset 2CCP 8yrs. 2400sqft (40x60) 200mts from Sri
100 acres Punjai Land @ in & ROYAPETTAH BALAJI Ngr Duplex Flat Vedhapureeswarar Temple. available at Ekkatuthangal
around Chennai. Broker Excuse. 50000SQFT LAND,325SFT Frontage Nr PORUR NEAR Ramachandra, Subagiri 8838754109
4BHK 2400Sf 1250UDS 2.65C Ct:7010841655 7358527018
99628 17660 Airport Commercial/Reside nagar 3750 sqft land ph 9952966235
9840016488 SAIDAPET NR LM Metro 2/3 BR 1300/ 9382121593
EGMORE BRANDNEW 4000SFT G+2 5BHK 1800 2 yrs 1.75/ 2.3 Cr Gated UDS ECR BEACH Side 4 Grounds Residen- TEYNAMPET 750SFT GF Godown/Office
WANTED 1 to 10Grds R.A Puram Adyar THIRUMULLAIVOYAL , Balaji Nagar RowHouse Lift 2CCP 2083UDS regn only. Contact: 90032 26969 SALIGRAMAM NR.AVICHI 1120sft 2BHK tial Land Sale. 7448812226/ Near Anna Arivalayam Ct: 98415
Alwarpet BesantNgr toECR 9551264500 Main Road, 5040 Sft., land (45 x 9840244446 GF Mod.kitn,Swim Pool/Gym 8608149414 68199
112) Industrial area. Kumar − 9962111885
WANTED PLOTS at Tambaram, Varadara- 9940103818 TAMBARAM GST Road CMDA Plots 1000
RESIDENTIAL FLAT - ADYAR GANDHI Ngr 1850sf 3 BHK 2 to 2000sft posh area. Ct: VELACHERY VIJAYA Nagar NG Tower
japuram, Naduveerapattu, Adanoor,
Padappai and Sriperumbadur sur- ✔ SRIPERBDUR SUNGVACHTRM 4.5Lsqft NEW Flr Lift 2 CCP 9884277557/ 7305700700 1St Cross Main Road 1500Sft ,3000
roundings. Ct: 9952005809 / DTCP Aprd Resi/Cmrcl NoBrkr 8072511724 Sft ,6000Sft,9000Sft Showroom +
9840264184 KOLATHUR KUMARAN−NAGR Nr.Bus Stop 1000 SQFT CMDA East Plot Rs.30L at Bank + IT Company + Hospital.Car
9841135298 Pattur Mangadu, Owner 9380176229
3BHK Flat Ready to occupy park, Lift Power backup. Ct:94440
FARM LAND for Sale @ Pallavaram 9840355999 RESIDENTIAL HOUSE ACCOMMODATION WANTED 17861
WANTED 1200 to 2400Sf Madipakkam, Cowl Bazar 40Cent Ct: 9841024795 SRIPERUMBUDUR NEMILI VGP Chakra
Puzhuthivakkam,Ullagaram 95000
49167
KORATTUR 3 BHK Flats Ready for Oc- IYYAPANTHANGAL G+1 1300Sft B Nr Ma- Town Part−2. Plot 2Ground.
READY RESTAURANT Nungambakkam High
FACTORIES & SITES cupation. CC received. Close to harishi Schl 9444842443 / 9677012991 Rd with A/C Dine Furniture,
Sarvana Stores. Contact: 9840998441 9941444085 MANNIVAKKAM AADANUR Alwin nagar ✔ GUINDY / EKADUTHANGAL Require kitchen Appliences & Toilet,
GENERAL SRIPERUMBUDUR & Mannur Factories MOGAPPAIR−W NR DABC Aishwaryam DTCP prime location9150049751/52/ 1900sqft @ Rs.2.75 lakhs
Sites & DTCP Plots Sale. 9790913333 2BHK 910sft CCP Lift 46% UDS 6apt INDIVIDUAL BUNGALOW in KK Nagar, 53/54 25,000 − 30,000 Sq.ft. Standalone
Land 2210 Sq ft, Build up Area Industrial Premises. ANAROCK 63800 9791164594 / 8122849971
2 available 76L all−inclusive CHETPET− 2BHK flat Spacious 3rd 10600
INDRANAGAR 2 BHK 1618 sq.ft.7th AMBATTUR ESTATE 4.5 grds & 10 grds 9677062222 Flr Lift OCP. VA Shelters: 98400−
3000 Sq ft, 4BHK, Fully Furnished, KELAMBAKKAM DTCP Plots in Market
floor TNHB MIG. 9444493639 No Bro- NE corner 40’ Road. Ct: 9840188539 CCP, No Brokers. Ct.98415 53612 Rd Start From 27Ls Onwards MYLAPORE, LUZ Corner 5600 Sqft
78510
kers. THIRUMAZHISAI INDL Estate 20 Grnd VELACHERY LAKSHMI nagar New 2BHK 9176992200 ACCOMMODATION WANTED First Floor, Partition of Minimum
Can split Corner Plot Compounded 900sft and 3BHK 1133sft east fac TNAGAR 2BHK 940Sft FF 25yrs No SALIGRAMAM LAND 2510sft B:3000Sft ACCOMMODATION WANTED - RESIDENTIAL 1400 Sqft can be done Con-
SBI Clny 3rd St,40 ft Rd. PURASAIWALKAM − Doveton, Off: PB tact:9840742545
BUYING & Selling Plots, Houses, HanuReddyRealty 9384847121/ Lift,CCP Rs 7700/− sft nearing com- lift.OCP.14K/Sft. 9444392497/
9489422222 Rd., Opp: Ankur Vasanthi − Kutty
- COMMERCIAL
Farms in & around Chennai 9841020088 pletion ph:9600110006. 9880078683 REPUTED CORPORATE/MNC clients re-
9884971676 St., 63*41. S facing. Outright on- quire 3 & 4 bedroom apartments/bun- TNAGAR N.USMAN Rd 1500sft 25ft
NEELANKARAI BAYWATCH 2.50 G with 5 ly. 100% Chq payment. Call:
AMBATTUR SIDCO 5.75 Grd Per Grd KATTUPAKKAM NR. Maharishi Vidhya BESANT NAGAR Prime Location 3BHK
Bed Ind Modern Bunglow Rs: 7Cr. 7397344984 galows in Central & South Chennai frontage for HI−End showroom
Mandhir School 2BHK, CCP, Lift APT 1570 Sf BA 1020 Sf UDS CCP No
COMMER. INCOME Property Land Bunga- Rs.1.50Cr. Ct: GB Property 94444 816sft & 752sft 3Flrs. Brokers Ct: 9962092913 SKYPEARL: 9444040809 / 9363255687 MNC REQ 1000− 1800 sqft in & Hemdev’S: 9840024444/8056598091 9176515550
low JV Flats Buy&Selling 9884568337 15194 Ct:9940404460 KISHKINTA ROAD Albin garden CMDA around 3 Kms Mahindra city
ENNORE HARBOUR Main Rd 6Grd Suit- THIRUVANMIYUR THE Atrium 1400 sq GOPALAPURAM 2000SFT−LAND, 2400Sft− App Plot Sale: 9841082583/ 9840609189
✔ T.NAGAR − Luxurious 3&4 BHKs on ft 2 BHK flat with servant quar- House in 30Ft Road, 5CR − 8015110599 NEW 2BHK flat @ T.Nagar, 1Rk,1,2,3− KODAMBAKKAM HIGH Road, Lokesh Tow-
JOINT DEVELOPMENT able Company/Warehouse/Comm.8667388733 G.N. Chetty Road. Only 3 Apart- ters. Premier Investments 9710156179 BHK Flat Near by Adyar. 88387 54109 er 1000Sft
Ct:9940502391
First Floor
ments on a Floor. Tallest Residen- 9841025546 / 9840089981 ECR UTHANDI Seaside 10Gr Split 85L REQUIRED SHOWROOM Urgently G.Floor
IMMEDIATE SALE of 2Acres Empty tial Landmark on G.N. Chetty Road. ADYAR 2000SFT G+1 3Portions Rental Per Gr Fixed 8939777444/ 9962422255 for ALL Over Chennai. Ct:9941586009 CONSULATE MNC req 2 3 4 Bhk flat
INVITING JOINT Venture 1,2 &3 Land on Grand National Trunk Road 25+ Luxury Amenities. Call: 044 − ALWARPET 1358SFT 3BHK 2nd floor Inc 40K Patta Rs. 1.10Cr 7305555320 Alwarpet, ra puram, adyar NUNGAMBAKKAM, ABT 1500 SFT, Semi
Grounds in and around Chennai Fan- (GNT Rd), Near By Ponneri Mahindra 4222 4238. UDS 611. East Coast Realty: PALLIKARANAI AGS Colony CMDA Appd 9840609189 Furn 15 Seater office with 1 open
cy Price Ct: 95001 60769 World City, 30km From Chennai 9840073259 SELAIYUR VGN 1500Sft Land 3500sft 1776Sqft Plot Ct: 8610894807 ✔ BANK REQ 10000Sft for Curency AT NUNGAMBAKKAM/ T.NAGAR only, 2/ CP. Brokers Excuse. Hemdev’S :
City. Covered By Compound Wall of ✔ NANGANALLUR NR modern school ANNANAGAR 4TH Mn Rd 796sft 2BHK Villa 4BHK+ 2CP. Ct: 9443375163 Chest.pref Blt2Suit Raj NoBRK 3BHK with Balcony & CCP : 9500006483 / 9840044355 / 28238899.
All Sides. Suites for Industrial Rdy 2BHK− 773Sft, Ccp.Lift.Ct Lift 3rd flr UDS 507 N.face PERUNGALATHUR CMDA Plots for sale 9600090345
Purpose. Call 9710474069 No Broker :9551331234 ASHOK NAGAR VI AVENUE Residential 1000 to 3000sft posh area. 9962115859
9962015881 House 5BHK on 1800sqft Land Con- 7305700700 GOPALAPURAM, PETERS Road, GF,
PRIME Flats in Alwarpet 3500sft Commercial Space Rent
FARMHOUSE / LAND / LITTLE MT 2BHK 2flr 827sft & NUNGAMBAKAM HADOWS Rd Posh 3BHK tact: 98400 64854/ 99400 64853
AVADI− THIRUNINDRAVUR Rly Station ✔ BANK REQUIRES 2500sft Fully fur- WANTED
Boat Club MRC Nagar RA Puram 7397231125
1.5BHK 3flr 767sft, Slit+3,Lift,CCP Spacious 1850Sf Rs.2.74L nished Office with 25 worksta- 9841381539
RESORTS ,P.Bkup,Nr.LittleMt Ct:9500039929 IJJAMBAKKAM SEA VIEW House 4BHK in Near DTCP Plots Sale.Rs.3.90 OFFICE R.K.SALAI, 1350 Sqft, Air
2.74Gds,swimming Pool,Ct:9176951818 Lakhs.Surrounded Houses. Aysha: tions, Conference Hall, Parking On-
KODAIKKANAL HALF km from lake, Up-
metro:Ct:9841193368
METROZONE ANNANAGAR 3BHK 1555 9600062222 ly T.Nagar Surrounding. Owners WANTED 2/3/4 BHK Apartment for MNC Conditioned, 2nd Floor, Lift,
serwatry Rd, Lake view gated,(85 PERIYAR NGR 2BHK &3BHK Flat 608, Sq.Ft 13th Floor for Sale Ct: PORUR VIGNESHWARA Ngr G+1 L1700 Cont 9841044632 /IT/ Bank, Only T.Nagar. 9940013221 45000/−. Contact: 9791113154.
cent/1 acr) plots. Skypearl: 830, 900 &1179sft CP. Lift 9176699222 Bld 2800 Apd 6Yrs,2CP 1.69C VELACHERY SIVAN Koil East Mada
8939005008 9840682606 8056658950 Street 3650sft Land 40 Ft Rd.
ANNANAGAR (E).C. Block 3BHK Flat 8072217474 ✔ CHAI SHOP req 350−500sft Only
10 ACRES Wet Land On Main Road KK NAGAR Nr PSBB 2BHK Flats bath attach, 8 yrs old, 3rd flr 3 ANNA NAGAR East &Kilpauk 23X40, Ground Floor Main Road facing all
Near Vedan Thangal Sale. Ct: 1100sftReady to Occupy CCP balconies, WW,One utility. 2CCP.. 40X60, 45X80, 50X100,NE ECR MUTTUKADU 6Grds Sea Face Aprvd over Chennai. Only Owners call
9840550313 Ct:98414 25803 2 Cr. 9840024174 Face:9789928391 Plot,No.Face 1Cr per Grd 9941572525 9841044632
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higher rental yields. There are portfolio risk. While financial
“
multiple factors that dictate the instruments are erratic, real
yields including tenant profile, estate assets such as the
macroeconomic conditions, residential market give
market situations, and much suboptimal returns.
more. However, if invested Another category that In contrast, investing in the
prudently, offices can easily give can give attractive office market is not only safe but
yields to the tune of 810%. can also give concurrent rental
In contrast, residential yields
yield is retail. income. Meanwhile, offices can
have been historically low in However, retail in also give a decent capital return,
India. In most of the metros, the India is still reeling provided they are held for mid to
yield range between 24% in the under the pressure of long term. (On an average, before
housing market. Another investing in an office asset, one
category that can give attractive low occupancy. should have a holding period of
yield could be retail. However, Research reveals the around five years.)
retail in India is still reeling average vacancy rates In the foreseeable future,
under the pressure of low offices will continue to gain
occupancy.
in shopping centres momentum in the country.
As per Knight Frank’s are north of 19% After the virus softened the
research, average vacancy rates IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII stance of the economy in the last
in shopping centres are north of two years, the economy is once
19%. The softened demand in the However, finding tenants is again on a strong footing. It is set
retail segment is rooted not just cumbersome. Moreover, there to grow at over 8% in the current
in the pandemic but also in poor are a lot of maintenance activities fiscal. Meanwhile, growth in
asset utilisation. required for such asset classes. commercial activities will
Industrial assets, logistics, and This further makes offices one of continue to steer office
warehouses have also seen a rise the safest and most suitable absorption.
in investor interest in recent assets to bet on.
years. Such assets can post yields The office is also a great asset The writer is partner,
in the range of 910%. for diversifying and spreading RPS Group.
Low residential yields have pushed commercial
real estate investors to fresh avenues that promise
profit and stability, says SUREN GOYAL
Returning
to the office
IN THE NEWS K K
I
KK
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lated disputes. They have
rich experience in providing
With half a year gone, the sector is still on
such services to high value & the mend with shifting trends suggesting
highprofile cases both in In
dia and Internationally. With
it is once again on the investor radar
requisite qualifications and
experience, they offer the ex
pertise required to settle
thorny real estate disputes.
IPCs have the experience of
working in different markets,
FY 23 is the
conducting thorough cash
flow assessments and valua
tions, loss and damage as
sessments and handling a
real estate year
wide range of disputes. KK TREND K K
When appointed as expert
witnesses, they work with la
wyers to prepare and present Annuj Goel tic enterprises will continue
“
reports in court or prepare to pour money into ware
S
documents and witness state trong and positive housing, making it one of the
ments in support of plead momentums are ex fastestgrowing categories in
ings in case of arbitration. pected to continue commercial real estate. In
prevailing in Indian Google and Amazon vestments in data centers
Bank of research real estate in the financial are racking up will also soar. Big tech giants
In addition, IPCs also have year 2023 (FY 23) backed by such as Google and Amazon
the benefit of a vast bank of the solid structural founda
investments in the are racking up investments in
documentation or research tion, gain in demand, and lo Indian data centre the Indian data centre space,
in the area that can help wered home loan rates. By all space, lured by its lured by its longterm poten
them in evaluating a given means, FY 23 will be the fis long-term potential tial.
case, its possible outcomes cal year, the industry has IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Real estate has been most
In land disputes, the role of an expert witness could help you and various alternatives that
have been explored in similar
been hoping for long. The
upswing in the market will al estingly real estate in tier two
ly an enduserdriven market
over the past three to four
win the battle, says ARCHIT KUMAR SOOD cases. IPCs also have profes so stem from a favourable and three markets will also years. However, the trends
sionals who can offer the economic outlook. Most of climb fast. Sustained infras are now shifting and it is once
crossfunctional expertise the rating agencies have esti tructure investments, in again featuring on the inves
A
KK OPINION K K some of the most highlyqual levels will naturally translate suburban transit systems are has strong aspirational value.
ified and experienced profes into increased housing de taking shape in cities such as Real estate can also give a
sionals whose testimony can mand. Lucknow, Kanpur, Agra, Pat stream of constant income in
s real estate is a trial, the expert witness must For example, an expert blems, labour issues as well be upheld in India and inter Market bounce back is also na, Kochi, etc., which will the form of monthly rentals.
major component provide an impartial opinion, witness, such as a property as external macro and micro national cases. the progression of the gra boost real estate demand. Both large and small inves
of asset portfolios irrespective of the party who consultant, can be asked to factors like fluctuations in For instance, they can dual recovery observed in Under the Ude Desh ka Aam tors in India are once again
of individuals or calls for him/her. They are testify in a case of delay by a Goods and Service Tax (GST), create a valuation report that the past six to nine months. Naagrik scheme (UDAN) new realising the benefits of in
companies for in hence, seen as objective and developer. In such cases, the the impact of the NonBank goes beyond mere financial After softened demand due airports are built, which will vesting in real estate, espe
vestments. Disputes over not as an advocate for either expert witness will take into ing Finance Companies calculations to include the to the pandemic, the real es foster regional economic cially at a time, when cau
property values are quite party. consideration the develop (NBFC) crises and pandemic, state of the market, future tate market has been on an growth and help the realty tious investment remains
common. Accordingly, the However, their opinion is ment and current scenario of construction cost inflation, projections, and any legal as upswing since the second sector considerably. part of the general lexicon.
need for real estate expert only relevant to their field of the project, cash flow pro change in building byelaws pects. With real estate dis half of the previous year. The Moreover, apart from the
witness testimony for litiga expertise. For instance, an and development control putes becoming quite com iterations of repo and reverse Office leasing stock market, fragility has
tion and arbitration becomes expert in zoning laws cannot regulations, construction mon, IPCs are asked to rate cuts by the government After taking a backseat over persisted in other financial
vital to support any legal be considered an expert in completion delays, etc. The provide independent profes resulted in liquidity injec the past two years, office assets, which makes real es
proceedings. inheritance law. Although an witness will evaluate these sional valuation advice to sol tion, thereby helping in ac leasing will see incremental tate a viable alternative. For
An expert witness testimo expert’s testimony is seen as factors’ impact on the deve icitors and other clients. celerated growth. growth, especially from tech, investors, who have a long
ny is included in a dispute final, it can be refuted by lopment of the project with Since real estate is also seen The developer fraternity IT, and retail companies. Al haul and not looking out for
hearing to provide a special another expert, facts or other out showing favour to either as a major asset, IPCs can al also played its part by intro ready large tech companies quick returns, real estate will
ist’s perspective on a given evidence. party. They can then offer an so be asked to provide valua ducing a host of attractive have closed bigticket size of be an exciting option to ex
fact or issue. It must be relia impartial opinion or a possi tion in terms of investment. schemes, luring the fencesit fice lease deals. plore in FY 23.
ble, relevant, and based on Examples of litigation ble resolution. Expert witnesses play a vi ters, and giving the market a More will follow ecom
facts. It is typically proffered In the context of real estate, In this case, the expert wit tal role in legal cases, provid positive push. merce and thirdparty logis The writer is MD, Goel
by one of the parties in the litigations can involve indivi ness’ testimony holds weight ing an impartial and expert In FY 23, the growth jug Ganga Developments.
dispute. An expert witness duals, families, financial in because of two reasons. First, view on disputed issues, the gernaut will continue. Inter
testimony is usually required stitutions, businesses, real as an impartial body, their reby clearing any confusion.
to help a judge, jury, or arbi estate developers or even the testimony does not show bias As arbitrators or media
trator to understand a com government. Most common to either party and shows the tors, they can also help in
plicated issue or when a fact real estate litigations include most honest view of the deve amicably resolving an issue
or claim has to be corroborat fraud, title disputes, delay in lopments so far. Second, as and resolve problems before
“
ed by a specialist. possession, delay or nonpay experts in the field, they have litigation, tribunals or arbi
ment of rent or mortgage or the experience and the quali tration are needed. In highly
Who’s an expert witness? distribution of revenues or fication to correctly evaluate contested cases revolving
An expert witness is a spe profits, and inheritance. Gi Expert witnesses the impact of various factors. around real estate, expert
cialist whose knowledge in a ven the large sums of money In other words, the testimo witnesses have a vital role in
particular field or discipline usually involved, real estate play a vital role ny is seen as both reliable bringing clarity, establishing
goes beyond what is expect cases can become extremely in legal cases, and trustworthy. facts, and in ensuring an im
ed of a layman by training, complex and fractious. An providing an International property partial view.
education, certification, ex expert witness testimony can consultants (IPC) are highly
perience, or skill. His/her be crucial in explaining a le
impartial view on sought as expert witnesses, The writer is MD,
opinion is, therefore, accept gal or technical issue or in disputed issues mediators and arbitrators in Valuation & Professional
ed by the judge as a fact. In a clarifying the subject. IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII real estate and propertyre Services, Savills India.
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