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1.MARG Properties launches Brindavan

MARG Properties launches yet another milestone project, Brindavan - Smart Affordable homes. Brindavan will be at a distance of 4 km from Sriperumbudur and, is spread over a mammoth 16.5 acre.


2.TVH to invest Rs 3,450 cr

Chennai-based True Value Homes (TVH) plans to invest about Rs 3,450 crore in residential projects in the next five to six years.


3.AAI to develop second airport in Chennai

The Airports Authority of India is expected to submit a detailed report to the Tamil Nadu Government for a Greenfield airport at Sriperumbudur, near Chennai.


4.Tamil Nadu

Despite its subdued mood, in the last financial year, real estate activity seems to be picking up and growing at a steady pace in Tamil Nadu.


5.ETA Star plans Globevill Township

ETA Star TechCity (P) Ltd will launch a 450 acre integrated ‘Globevill Township’ - at Sriperumbudur, in Chennai.


6.Chennai Port allotted Rs 100 cr

The Shipping Ministry has allocated Rs 100 crore to the Chennai Port Trust to procure about 125 acre from the Tamil Nadu Government on a long-term lease.


7.TVS arm to float low-cost housing project

TVS Housing, a 100 per cent arm of TVS Motor Company, plans to debut with a pilot low-income housing project at Nanmangalam, near Sriperumbudur, Chennai.


8.Schwing Stetter to expand capacity

Schwing Stetter (India) – a 100 per cent subsidiary of Germany-based ready-mix concrete equipment manufacturer Schwing Gmbh – is planning to expand the capacity at its facility in Chennai with an investment of Rs 40 crore.


9.Sriperumbudur airport expansion in limbo

The state government and Airports Authority of India (AAI) are yet to decide on whether to build a parallel runway at the existing airport or to construct a new airport at Sriperumbudur.


10.Southern Railway's plan awaits govt funding

The Southern Railway's plan to connect Chennai with Sriperumbudur by laying a new railway line.