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Speculation that accounting practices in the Indian real estate sector are suspect is running high at the moment, causing many (myself included) to wonder just how far the sector is going to crash and how many frauds are going to come to light. Senior board members of no less than six top real estate companies have resigned unexpectedly in the past few months, in much the same way rats leave a sinking ship.

More on Indian Property Market Faces Major Issues

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A number of people are moving from the current abodes in the Chennai metropolis to the southern suburban areas. This is mainly due to their search for unpolluted, clean air, away from the hustle and bustle of city life. Moreover the land is much cheaper in the suburbs.

More on Growing popularity of Madambakkam area in Chennai

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