Having your own home in Mumbai is nothing less than a luxury and people end up investing their life time’s savings in buying their dream home. But what if one fine day you wake up and find out that your home has been declared illegal and that it may be demolished? That is the nightmare

Dotted with Information Technology (IT) parks, Old Mahabalipuram Road (OMR) has for years been Chennai’s showpiece region, drawing a large number of home buyers and investors. But today that trend is reversing, with people steadily moving away from this hub. OMR Loses its Sheen The recent Chennai floods battered OMR, exposing its archaic British-laid sewage

Everyone knows illegal buildings and structures are a huge problem in Mumbai and all attempts to stop this menace have so far failed. But now, Maharashtra government seems to have solved this problem with one stroke, by regularising all illegal structures built before December 31st 2015. Wiping the Slate Clean There are over 56,000 illegal

Desperate times call for desperate measures and that holds doubly true for real estate developers in Chennai. First, the already sluggish property market took a hit thanks to the Chennai floods. Then, the sector’s arsenal of discounts, freebies and offers failed to attract home buyers, with sales dipping 36% year-on-year. Faced with such challenges, developers