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With the notification of the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017, the residential real estate sector in the state is all set to experience a huge change. The Real Estate (Regulation and Development) Act (RERA) is likely to produce a level playing field for the developers, better transparency and accountability, timely delivery of projects and greater absorption rates, accompanied by an increase in consumer confidence. On the other hand, compliance can be a challenge for developers and promoters in the beginning, as it requires all construction approvals before registration. Moreover, promoters are legally bound and liable, with either imprisonment up to three years or compensation of up to 10 per cent of the total project cost, in case of failure in compliance or violations in land title, scheduled completion and maintenance of the project. Hence, the developers should be very careful about giving correct estimates pertaining to their projects and the s

Shriram Properties in Chennai - Shriram Kovil Shriram Code Kovil A standout amongst the most eager ventures by Shriram Developers coming up in the port city of Chennai. Remarkable engineering and choice quality have dependably been the strength of Shriram Developers. So showing their unmatchable devotion to give the majority reasonable lodging arrangements, Shriram Developers has put its best foot forward by pre-propelling Kovil at Porur. One can scarcely scrutinize the character and assurance of the engineer. Shriram Kovil will utilize a few highlights in order to support the utilization of inexhaustible wellsprings of vitality. Point of fact, utilization of sustainable power source will help in lessening the carbon-impression out and out. Subsequently, Shriram Developers is as of now assessing the practicality of introducing water collecting arrangements and utilization of herbs, bushes and trees which will help the earth altogether. The use of sunlight based boards for cr