Alacrity Apsaras Mylapore, Chennai

GCC Faces Cash Flow Constraints, Deficit Reaches Rs 1,970 Crore

GCCis experiencing increasing cash flow constraints, with its overall deficit reaching Rs 1,970 crore in the 2025-26 financial year. This fiscal gap is driven by civic infrastructure expansion and maintenance commitments, potentially affecting the pace of development projects and the provision of essential services.

Chennai Ranked Fourth for Footpath Quality in India

A recent study, 'The State of Indian Streets 2026,' ranked Chennai fourth among major Indian cities for the quality and continuity of its footpaths. The study, which used AI to assess pedestrian infrastructure, found that only 13.9% of Chennai's roads have continuous, walkable footpaths.

NHAI Resumes Elevated Corridor Work on Chennai-Bengaluru Highway

NHAI has resumed work on the elevated portion of the Chennai-Bengaluru Highway (NH 48) at Melvisharam near Arcot. This resumption, including laying of the bitumen carriageway towards Chennai, will provide relief to motorists and ensure safer travel by opening up the new bridge.

Chennai Corporation Upgrades 94 Road Junctions to Ease Traffic Congestion

The Greater Chennai Corporation has commenced work to upgrade 94 road junctions across the city. This initiative aims to alleviate traffic congestion and improve urban mobility for commuters. The upgrades are expected to result in smoother traffic flow and reduced travel times.

During Q1'2026, average property prices for Alacrity Apsaras moved from ₹ 14,850/sqft to ₹ 18,100/sqft, reflecting a 21.89% rise.

During Q4'2025, average property prices for Alacrity Apsaras moved from ₹ 14,550/sqft to ₹ 14,850/sqft, reflecting a 2.06% rise.