Tag: Tambaram

Latest StoriesResidential

PG Rent Hikes in Chennai Amid Soaring Food and LPG Costs

CHENNAI: The cost of living in paying guest (PG) accommodations in Chennai and Tambaram has surged. Operators have raised rents by at least 35%, introducing separate food charges due to significant increases in commercial LPG prices, food costs, and operating expenses. There are around 200 registered PGs serving men and women in the city, providing essential housing for numerous college students and young professionals. Monthly expenses have spiked, with the average rent for a three-sharing room now hitting approximately ₹11,000, up from ₹9,000. Double-sharing accommodations have also seen a price jump from ₹12,000 to nearly ₹14,000, and electricity remains an…

Latest StoriesResidential

Fixed Fee for Property Tax Name Transfers in Tambaram

CHENNAI: In an exciting development for property owners, the Tambaram City Municipal Corporation (TCMC) has reduced fees for property tax name changes and standardized charges from January onwards. Previously, fees were based on the property’s market value, leading residents to pay between ₹15,000 and ₹40,000 depending on their property’s size and value. Going forward, a flat fee of ₹500 will apply for residential properties, while non-residential or commercial properties will incur a charge of ₹1,000. “Greater Chennai Corporation (GCC) charges only ₹500 for property name transfers. Tambaram’s decision to adopt a similar model will significantly lower costs for property buyers…