After four decades of hosting some of the most memorable film releases, Udhayam Theatre in Chennai will soon make way for a new residential complex. The last film to be screened was 'Pushpa 2', but the theatre's legacy will live on in the hearts of its de
Udhayam TheatreChennaiRajinikanthTamil CinemaReal EstateReal Estate NewsJan 01, 2025
Udhayam Theatre closed its doors last month after more than four decades of operation.
The first film screened at Udhayam Theatre was Rajinikanth’s 'Sivappu Sooriyan' in 1983.
The last film to be screened at Udhayam Theatre was Allu Arjun’s 'Pushpa 2'.
Udhayam Theatre had four screens: Udhayam, Mini Udhayam, Sooriyan, and Chandran.
The land where Udhayam Theatre stands will be handed over to a real estate firm to construct a residential complex.
The Ayodhya development authority has published a list of approved real estate projects to protect investors from fraudulent schemes.
IIM Mumbai is set to undergo a major infrastructure overhaul with a budget of Rs 800 crore. The revamp plan includes the construction of new academic buildings, research centers, and residential accommodations.
Fresh supply of residential properties in Delhi-NCR is expected to triple during July-September, driven by strong demand and new launches.
The luxury real estate market in India has seen a significant 37.8% rise in sales from January to September 2024, with key cities like Delhi-NCR, Mumbai, and Hyderabad contributing nearly 90% of the total luxury housing sales.
The expansion will require 7.3 million square feet of real estate and 3.8 billion USD in capital. Mumbai will maintain its leadership, while Chennai is also set to see significant growth.
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, has introduced several measures to bolster the real estate, housing, and infrastructure sectors. Jitendra Mehta, President of CREDAI-MCHI Thane, lauded the budget for its growth-o