MS Banyan Tree Poonamallee, Chennai

During Q3'2026, average property prices for MS Banyan Tree moved from ₹ 7,250/sqft to ₹ 7,400/sqft, reflecting a 2.07% rise.

Chennai Metro Phase II Stretch to Alandur Faces Delay, Now Expected in Early 2027

Chennai Metro Rail Limited (CMRL) has announced a delay in the opening of the Koyambedu–Alandur stretch under Phase II, with operations now anticipated in early 2027. The delay is attributed to worker shortages and construction challenges.

CMDA Considers Shelving Projects Due to ₹3500 Crore Liabilities

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.

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 Q2'2026, average property prices for MS Banyan Tree moved from ₹ 4,200/sqft to ₹ 7,250/sqft, reflecting a 72.62% rise.

Chennai Metro Phase 2: Key Stretches Targeted for Completion by 2026-2027

Significant progress is being made on Chennai Metro Phase 2, with nearly 40km of elevated corridors expected to be completed by March 2027. The Koyambedu–Chennai Trade Centre section is targeted for June 2026, aiming to improve connectivity between transport hubs and business zones. The Corridor-5 stretch from Chennai Trade Centre to Sholinganallur is nearing completion, enhancing mobility across the city.

Chennai Metro Phase II: Poonamallee Bypass-Vadapalani Stretch to Open in February

Chennai Metro Rail Limited (CMRL) is set to launch passenger services on the 15.8 km corridor between Poonamallee Bypass and Vadapalani in February as part of its Phase II rollout plan.This phased opening aims to provide commuters with earlier access to the network and integrate seamlessly with the existing Phase I stations. The new stretch is expected to improve east-west connectivity and reduce traffic congestion.