Tag Archives: chennai

Rental: Flat for rent in Ramapuram, Porur area

This home, located at the heart of Ramapuram is very near DLF, L&T, SRM University (Ramapuram Campus), MIOT, Pon Vidyashram, St. Johns, etc. It’s a great home for people working or studying at the Porur/Ramapuram area.

Home for rent in Ramapuram, Porur area

  • 2 BHK, 1040 Sq. Ft.
  • Semi furnished with woodwork and A/C
  • 2 Covered parking. When one parking is becoming a luxury, here you get two for the price of one
  • Ground floor

Contact 9962612255 for details

Are buildings in Chennai earthquake resistant?

If you ask the high-rise builders, they’ll say ‘yes’. Most small time builders don’t even know what it means. But the good news is that Chennai is in a Zone II area, which means you can expect earthquakes of only upto 4.9 on the Richter scale. An earthquake of 4.9 may not be as damaging as the Mar 2011 Japan earthquake, but depending on the epicenter, it could damage a lot of properties.

chennai earthquake map
The local paper, The Hindu, carried an article on Chennai and earthquakes and it sounds a little scary. The key take away from the article is

- There’s no certification required for buildings to be earthquake resistant
- There’s no department in the city to certify that a building is earthquake resistant

So, we are left with builders ‘code of ethics’ to make sure that their buildings withstand a reasonable earth quake. With many builders interested in making a quick buck and taking short cuts such as thinnner walls, poor cement to sand ratio, shorter curing span, etc. you wonder which builder really took the effort to make their buildings earthquake resistant.

Rental: Available for rent, 3 yr old independent home in Medavakkam, near OMR, Chennai

Up for rental in June 2011 is this beautiful 950 Sq. ft, 2BHK, single family home in Sowmya Nagar, Medavakkam.

Key Highlights

  • Independent house
  • Close to IT companies – Just 3.5km from OMR Sholinganallur junction.
  • Great ground water – No need to rely on corporation water.
  • Well lighted – Corner home with 30ft road access.
  • Breezy home – Excellent cross-ventilation if you leave the front and back door open.
  • Quiet neighborhood – Set about 1/4 km inside from main road.
  • CCP – Covered parking space to park one car and a couple of bikes.

Oh, another important point, it comes with great neighbors! :)

Rent: Rs. 10k

Top 4 property management challenges in Chennai

Property management in Chennai, or India for that matter is a whole different ball game. First, the scope of PM is wider and critical than in other countries and second, the common PM functions are much more challenging.

The top 4 challenges for a property manager are

  • Preventing Property theft – The biggest challenge is property protection, we have to make sure that property is always owned by the true owner and someone doesn’t fake documents and sell it.
  • Finding problem-free tenants – Stories of tenants refusing to vacate is not that uncommon in Chennai. Finding good tenants involves a thorough background check and calls for having certain “vacatable-tenant” criterias.
  • Ensuring quality maintenance – When hiring someone for fixing repairs, you can’t just send in a contractor and hope the job will be done to satisfaction. First, you need to send a trusted handyman and on top of it, send a supervisor to monitor the quality of work. With labor shortages in Chennai, the quality of work is taking a huge hit.
  • Monitoring Land – Since many own land in India, PM services also include managing/monitoring of land to avoid encroachments, violations and other issues.

Although, the scope is wider and no shortage of challenges with common PM functions, Property management is still a rewarding job.