The real estate market in Tamil Nadu witnessed a steep downfall in the year 2013. There were lot of reasons speculating in the market, of which some I found reasonable, which are listed below. 1) in order to increase the revenue and drive tamil nadu’s election promises, the aiadmk government increased the land guideline value. […]

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2012, who ever I met, talk – ¬†felt was a dull year. Especially Real Estate sector was dragging donwards south. The main factor (as said) was ¬†attributed on the revision of the ¬†guideline value, which was effected from April – 2012. From Jan 2012, itself there were rumours spreading across market about implementation of guideline […]

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