Royal Splendour Developers is a highly respected name in real estate industry. Royal Splendour Developers became a corporate entity in the year 2008. Ever since, they have built a strong reputation of being a group that upholds integrity and commitment. Royal Splendour Developers albeit having sky high dreams, have always been grounded to reality.
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Chennai: Residential Real Estate Market Watch
In contrast to what was been witnessed in many of the more volatile cities over the last couple of years, Chennai’s residential property market saw steady growth in terms of pricing, demand and supply.
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Avail benefits after new tax amendments in property transactions
As per the Finance Act, 2012, a new section 54GB has been added in the Income Tax Act which provides relief from re-investment of sale consideration in the equity of a new start-up SME company in the manufacturing sector...
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Chennai - A High Rise Market
The residential apartment market in Chennai has been the most stable among urban centres in the country in the past four years. Residex, the residential price index brought out by the National Housing Bank, shows that except for...
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Realty prices set to rise on soaring wages, material costs
With material costs going up by 35 per cent and wages doubling in the past three years, besides the growing challenge of finding labour to execute projects, real estate prices are in for an increase, according to Mr Lalit Kumar Jain, President, Confederation of...
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Steady demand buoys prices in Chennai
Ask a selection of developers, representatives in housing finance institutions and real estate agents on the factors contributing to the residential prices remaining relatively buoyant in Chennai while larger cities seem to be headed...
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CMDA's Powers to levy Amenities Charges Upheld.
The Madras High Court has upheld constitutional validity of Sections 63B and 63C of TN Town & Country Planning Act, 1971 (TCP Act), as well as statutory rules (TN Town and Country Planning (Levy of Infrastructure and Amenities Charges)
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Chennai Property Market Turns Red Hot
If you had the patience and the means to buy residential property during the downturn of late 2008, especially in Chennai - congratulations!
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Royal Splendour gets ISO Certification
Royal Splendour is very happy to get acknowledged ISO 9001:2008 quality management systems from Perry Johnson Registrars a first milestone in a long journey that's never ending.
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Chennai City needs 60,000 more Houses
As per a United Nations study, the global urban population is growing at two persons per second. Almost 95% of the population growth is happening in urban centres and India has 12 such cities, including Chennai that are bursting at the seams.
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Chennai Real Estate 2011 Outlook
The outlook for Chennai's residential property market remains positive in 2011. This is a stable market, and the prices have risen rationally in tandem with normal market trends. With the IT sector on the upswing and job security once again strong...
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Housing prices may rise by 5-10 per cent
Housing prices may rise by 5-10 per cent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India's decision to raise key policy rates by 25 basis points.
