Budget Homes - Budget Homes in Chennai

Real Estate Regulation and Development Bill 2011

gsee — Fri, 23 Dec 2011 23:16:51 -0700

Real Estate Regulation and Development Bill 2011 will be boon for buyers. As of now real estate is not known for fair practice. Many mal practices are instrumented by Promoters and Builders. 'Defaulting Builder' and Promoter delaying the possession can be put behind bars if this bill come into effect.

Through this bill, 2 years jail and 10% of the project cost as penalty for defaulting promoters/builders. Builders have to pay the interst to buyers for delayed possession.

Anybody can be a builder/promoter today. Once this bill is passed, builders/promoters have to register their company in "Real Estate Regulatory Authority" in each state. This will eradicate 'Mushroom builders'.

Genuine Builders in Chennai

admin — Sun, 18 Dec 2011 04:13:05 -0700

Here is My search for genuine builder to buy a home in Chennai.
My experience with CREST HOMES, Atulya Smart Homes, MARG Swarnabhoomi.

As on date, there is no effective grievance redressal or adjudication machinery for buyers/customers in realty industry in India. The Real Estate Regulation & Development bill 2011 is in draft stage, not in action. So, it is the buyers-we have to be cautious in selecting the builder carefully. The worst is we are in hurry to buy a flat without back ground verification. We do not scrutinize the builder/promoter and we do not compare and evaluate correct price.

Meadowville

jeyu — Sat, 26 Nov 2011 05:20:51 -0700

Meadowville from SARE homes. It is a 68-acre township at Kolathur. First phase consist of 2 BHK expandable villas starting at Rs. 25 lakhs.

Meadowville is 3 km off the GST road at kolathur, 28 kms from Chennai Airport, 2 km from Koil Railway station, and 40 minutes drive from Cennai Central.

It is Vaastu Compliant with all the latest amenities.

Flats in West Tambaram

jeyu — Sat, 26 Nov 2011 05:00:17 -0700

Pace Anusa located on chennai bye pass road, around 2 km from Tambaram Railway Station. Tentatively, on the road to Kishkinta and service lane adjuscent to By Pass Road. Gym, Party Hall and other amenities are available. Pricing starts from Rs. 3400 per sqft. For more details: 9841012174

HANSA PEARL is located at CTO Colony located 2.5 km away from Tambaram Railway station towards west. It offers 2 and 3 BHK deluxe apartments. Major Amenities provided. Price is Rs.3350 per sqft.

StepsStone offers flats near PTC quarters at Rs. 2490 per sqft. For more details: 9841699010

Eden Park - Siruseri

jeyu — Sat, 26 Nov 2011 04:39:41 -0700

Eden Park is ready to occupy first class homes located near SIPCOT IT PARK, Siruseri. It is from L&T and PRAGNYA. It is an intergrated township at off OMR.

With all the trend setting ameneties, it has PSBB school within its campus. Children can walk to their school at their comfort instead hip-hubs between mom and kid in the morning.

Phase 1 is ready for occupation, few 3 BHK homes available at 1695 to 1755 sqft size. Rent expected is Rs.10 per sqft.

Phase 2 under planning which will have 2/3/4 BHK, Studio homes and villas.

Updated on 17-12-2011: Phase 1 is c