Posts

Showing posts from August, 2023

Buy Residential Plots for sale Near Kilambakkam Bus terminus, Chennai

Image
Kilambakkam is an upcoming suburb near Vandalur in Chennai. Of Late, Kilambakkam is much in the news because of the bus terminus. The Kilambakkam bus terminus project has been in the pipeline for many years and has recently seen fruition. Spread over 50+ acres, the bus terminus is one of the largest in Asia and among the biggest in the world. It is state-of-the-art in terms of design and infrastructure and has the capacity to handle thousands of buses and over 90,000 passengers at a single point of time in peak capacity. Further, it will act a main transit hub from Chennai to many places. With ready connectivity to major highways like NH-32, NH-48 and NH-16, it will help decongest the traffic at the present terminus in Koyambedu. At this juncture, investing in  residential plots near a bus terminus , such as the one in Kilambakkam, Chennai, can offer several potential benefits. The neighbouring areas to Kilambakkam are Guduvanchey, Maraimalai Nagar and Oragadam. If you are looking for

Evolution of Real Estate Sector Post Independence in India: An Analysis by Wisdom Properties

Image
The   real estate sector in India   has undergone a sea change of transformation since the country's independence in 1947. This evolution can be broadly divided into four phases: the post-independence era, the liberalization period, the post-liberalization era, and the modern era. As the   best real estate company in Chennai ,   Wisdom Properties   presents an analysis of the evolution of real estate sector in India post-independence. Post-Independence Era (1947-1991) and Liberalization Period (1991-2000) In the immediate aftermath of independence, the government's primary focus was on addressing the housing needs of persons displaced due to the partition. The government established the Housing and Urban Development Corporation (HUDCO) in 1970 to finance housing and urban development programs. The real estate sector was largely disorganized and dominated by small time players and landlords who did not have any national footprint. The liberalization of the Indian economy in 1991

Asia’s Biggest Bus Terminus right at the footsteps of Guduvanchery!

Image
Guduvanchery is an upcoming suburb in Chennai and is a well-known location on the GST road connecting Chennai to other parts of Tamil Nadu like Trichy, Kumbakonam etc. The Kilambakkam bus terminus project is being developed by the Chennai Metropolitan Development Authority (CMDA) at an estimated cost of Rs. 170 crores. The new bus terminus will have a large area and is designed to handle over 500 buses at a time. It will have an air-conditioned terminal building, bus bays, parking areas for buses and other vehicles, and amenities for passengers. With proximity to Kilambakkam, the land value in Guduvanchery has appreciated considerably.  Wisdom Properties  offers the best properties in prime locations and the  property in Guduvanchery  is one such example. We offer  plots in Othivakkam , Kalvoy and Perumantunallur and it is both residential plots that are ready for construction and farmland. No wonder, we are the  best real estate company in Chennai  and are the best company for  DTCP a

NRI Investors: Unraveling the Mysteries of RERA, GST, and REITs for a Hassle-Free Investment Experience

Image
India has emerged as a hot investment destination and is a bright spot in an otherwise tepid global environment. Out of the many investment options available for Non-Resident Indians (NRIs) like the stock market, gold etc., investment in real estate is not only lucrative but also offers some of the best and highest returns in the medium to long term. Further, it is a very safe investment option. Some of the top reasons for NRIs to invest in real estate in India are: Stable economy and political environment Rising affluence and middle class Attractive rental yields Helps NRIs diversify their investment portfolio A hedge and home in case of unforeseen political challenges in foreign lands As a  leading real estate company in Chennai ,  Wisdom Properties  helps NRIs unravel the mysteries behind the Real Estate (Regulation and Development) Act, 2016 (RERA), the Goods and Services Tax (GST), and Real Estate Investment Trusts (REITs), which are key pillars in any real estate transaction. If