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Get the latest price and market updates for Asvini Annora.
The Greater Chennai Corporation (GCC) plans to invest ₹500 crore this financial year to improve civic infrastructure in North Chennai and major resettlement colonies in the southern part of the city. The upgrade will focus on roads, pedestrian plazas, and smart parking facilities in areas like Ennore, Manali, Tiruvottiyur, Perambur, Vyasarpadi, Kannagi Nagar, and Ezhil Nagar.
Chennai is set to reintroduce double-decker buses with the Metropolitan Transport Corporation (MTC) planning to procure 20 modern air-conditioned buses. This initiative aims to enhance the city's public transport network.
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.
The Chennai Metropolitan Development Authority (CMDA) is contemplating the cancellation of several infrastructure projects, including the Global Sports City plan, due to outstanding liabilities of approximately ₹3,500 crore. This financial strain could impact future urban development and the delivery of planned amenities.
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.
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.
Residents of Uthandi have voiced strong opposition to a ₹91 crore flood escape channel project, citing potential environmental damage and risks to groundwater resources. The project aims to alleviate flooding in south Chennai by constructing a canal linking the Buckingham Canal to the Bay of Bengal.
Residents of Uthandi have voiced strong opposition to a ₹91 crore flood escape channel project, citing potential environmental damage and risks to groundwater resources. The project aims to alleviate flooding in south Chennai by constructing a canal linking the Buckingham Canal to the Bay of Bengal.
Chennai is highlighted as a crucial global data gateway, benefiting from multiple submarine cable landings that facilitate high-capacity, low-latency connectivity. This infrastructure is vital for the growing data center market in India, which is projected to reach 1.7–2.0 GW by the end of 2026 with substantial investments.
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2, 3 BHK Apartment
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*Real Estate (Regulation & Development) Act, 2016.
