Ambur, a town in Tamil Nadu, is witnessing a major transformation driven by infrastructural and industrial growth. The development of key projects, such as the construction of an elevated corridor and the proposed Vellore airport, is attracting new busine
Real EstateAmburIndustrial GrowthInfrastructureSustainable DevelopmentReal EstateOct 07, 2024
The key infrastructural projects in Ambur include the construction of an elevated corridor on the Chennai-Bengaluru Highway and the proposed airport at Abdullapuram, Vellore. These projects are aimed at improving connectivity and reducing travel times.
The Mega Footwear Manufacturing Park at Panapakkam in Ranipet, spanning 250 acres, is expected to generate around 20,000 jobs, particularly for women. This influx of workers will drive up residential demand and stimulate the real estate sector.
The Hogenakkal Integrated Drinking Water Project has significantly improved the quality of life in Ambur by providing a consistent and reliable supply of clean water. The expansion of this project will ensure that the entire town benefits from a constant water supply, supporting public health and sanitation.
Ambur’s strategic location along major transportation corridors, such as the Chennai-Bengaluru Highway, positions it as a key focal point for development. This location is attracting new businesses and investments, driving urban growth and real estate development.
Numerous developers are establishing residential projects in Ambur, including modern apartments, villas, and plotted developments. These projects are designed to accommodate the influx of new residents and support the town’s urban evolution.
Housing sales in top 9 Indian cities are expected to decline by 2% in the April-June quarter, with Mumbai being one of the most affected cities.
Pune has recorded the highest residential sales in the ticket size category of INR 5mn to 10mn, with 5,946 units sold during Q3 2024, occupying 45% of total sales in the city.
The Builders Association of India (BAI) in Chennai is urging immediate reforms to streamline the approval processes of the Tamil Nadu Real Estate Regulatory Authority (TNRERA).
The Royal Ranthambore BTGolf, the corporate golf tournament of the season, is back and now shifting its action to Mumbai. Join leading business leaders and celebrities as they tee off and build valuable connections.
Mahindra Logistics has entered into a significant 5-year lease agreement for a facility in Khed, Pune, with a monthly rent of Rs 1.15 crore, according to documents from real estate data analytics firm CRE Matrix.
The Enforcement Directorate (ED) has made a significant arrest in a real estate fraud case by apprehending Ashish Bhalla, promoter of the WTC Group of Companies, on March 6th.