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We are currently in the process of updating our Website to comply with requirements under the Real Estate (Regulation & Development) Act, 2016 (“RERA”) and the rules and regulations formulated there under. Which have been brought into effect from 1st May, 2017. While enough care is taken by the Company to ensure that information in the website is up to date, accurate and correct, readers are requested to make their independent enquiry before relying upon the same.
This website is for the purpose of guidance about our product only. It does not constitute part of an offer or contract. Design and specifications are subject to change without any prior notice. Computer generated images are the artist's impression and are an indicative of the actual designs. Further the actual design / construction may vary in fit and finish from the one displayed in the information and material displayed on this website.
By accessing and browsing AMARPRAKASH Website (the “Company”) or by using and/or downloading any content from same, you agree and accept the Terms of Use as set forth below. The Company reserves the right to add, alter or delete material from the website at any time and may, at any time, revise these terms without notifying you. The contents of this website are meant to provide information to the readers of this website about ourselves including our various projects, various initiatives taken by us, CSR activities etc. None of the images, materials, projections, details, descriptions and any other information presently available and/or displayed on the Website, shall be deemed to constitute advertisements, solicitations, marketing, offer for sale, invitation to offer or invitation to acquire any property.
They are only for general information and are subject to change. By no stretch of imagination, the information on the website shall be construed as an advertisement and/or invitation or offer for sale. You are therefore, required to make independent enquiries to verify all the details, including but not limited to area, amenities, services, terms of sales, payments and other relevant terms prior to concluding any decision for buying any unit(s) in any of our projects/ developments. Till such time the details are fully updated, the said information should not be construed as an advertisement.
You are requested to independently verify all information before taking any decision based on the information. In no event will the Company, its management, its associate companies and /or its employees be liable for claim made by the users including seeking any cancellation for any of the inaccuracies in the information provided in this website, though all efforts have to be made to ensure accuracy.
To find out more about projects/developments, please feel free to call +044 4000 5000 or visit our Corporate Office / Sales office during working hours and get in touch with authorized AMARPRAKASH sales representative.
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Latest Chennai realestate news
In the past few years, the latest realestate news in Chennai is it has shown a steady growth in the real estate market. Though the country has seen an economic slowdown within share market and other markets, according to the Chennai real estate news the real estate market is growing rapidly every year. The residential properties in Chennai are seeing a high demand among the buyers.
The economy of the country has come up again and many people have come forward to buy the real estate properties strongly as never before. With increased demand for residential properties the builders are launching new projects in Chennai to meet the excessive demand. The property prices have also gone up with increased demand for it. The real estate market is always driven by the end user. Since 2010 the Chennai real estate news notifies that market has shown an enormous growth and it has installed confidence in every buyer to make the purchase decisions. The investor participation is very much necessary in the real estate market unlike other markets because the real estate market is long term in nature.
The residential properties are in high demand everywhere in Chennai especially in the main city. As per the Chennai real estate news the property prices are extremely expensive in areas like Mylapore, T nagar, Adyar, Anna Nagar etc. The real estate developers have started exploring areas of Chennai suburbs including Chrompet, Thamabarm, Pallavaram, Thiruneermalai, Thiruvanmiyur etc to launch their new projects. In this case the properties are cheaper when compared to the main area properties. The builders have started working on the plans of bringing up their township projects and other projects since 2011 and planning to make it available in next few years.
The apartment types are huge in Chennai realestate. It is accessible to people with both high budget and limited budget. Townships are available with multiple amenities to serve each and every individual in the family. In this case the property prices are expensive compared to the normal standard properties available in the market so customers of Amarprakash find nil Amarprakash builders complaints regarding price. In case of normal standard properties in realestate chennai with just basic facilities the property prices are cheaper. The 2BHK houses in Chennai realestate are available for rent from 5000 INR to more than 20000 INR. There are wide options available for rent, for buying and for lease in realestate in chennai thus making finding a property for living easier.
Chennai real estate news in the next three years
In the next three years the Chennai builders have planned of bringing up nearly sixty seven thousand five hundred residential units to meet up the demands for the residential properties. Of all parts of Chennai the south Chennai leads the market with multiple projects coming up accounting for nearly sixty eight percent of the projects in south Chennai. The western part of the Chennai is leading the next after south with twenty seven percent of the projects coming up in western Chennai.
As per the United Nations study, Chennai is in short of 60,000 housing units of which 6000 houses are deficit in the upper earning class, about 12000 in the middle income class and 18000 within the lower income class and about 24000 among the economically weaker sections. Today news about real estate in Chennai is seven thousand five hundred residential units are already in progress and they will be satisfying the needs of the high income and mid income classes. Modifications have been done in the Chennai town development management rules to aid in the additional residential growth. The Chennai developers are facing high pressure to price the property high within the forthcoming quarters. The increased prices of the properties are due to the rising cost of construction.
Chennai OMR and ECR real estate news
OMR has turned out to be the high end residential property destination. The other areas like Permabur in the north, Sriperumbudur in the west are seeing high growth with the launch of properties in Chennai.
The other area which has gained lot more attention with launch of premium villas is the ECR stretch. One can find ultimate luxury in this area. The Chennai suburbs have shown a good growth in the real estate market. It is quite easier to find a property in the Chennai suburbs for cheaper rates. In future, with high infrastructure in the Chennai suburbs area there will be no more availability of cheaper properties.
