CHENNAI PRESS NEWS

Chennai, July 15, 2021:  Knight Frank India, a premium international property consultant, in their flagship market assessment report  “India Real Estate January – June 2021”  - that evaluates the performance of residential asset classes in top eight markets of India – cited that Chennai recorded a  93%  YoY increase in residential demand in the first half of 2021 as sales jumped from 2,981 units sold in H1 2020 to  5,751 units  sold in  H1 2021 . Further, new project launches grew by  54%  to  5,424 units in H1 2021 . CHENNAI MARKET SUMMARY Parameter H1 2020 H1 2021 Change (YoY) Launches (housing units) 3,520 5,424 54% Sales (housing units) 2,981 5,751 93% Price (weighted average) INR 44,509/sq m (INR 4,135/sq ft) INR 43,619/sq m (INR 4,052/sq ft) -2% Unsold inventory (housing units) 14,149 11,862 -16% Note: 1 square metre (sq m) = 10.764 square feet (sq ft) Source: Knight Frank Research On the demand front, South Chennai accounted ...

Chennai, July 15, 2021: MGM Healthcare, a multi-specialty quaternary care hospital in the heart of the Chennai, today announced that it had successfully performed a rare surgery to treat uncontrolled seizure attacks in a 16-month old infant. A 15-member team under the leadership of Dr. Sridhar K, Director and Group Head, Institute of Neurosciences & Spinal Disorders, MGM Healthcare successfully conducted this surgery on the patient on 9 th April 2021. Speaking about the case Dr. K Sridhar explained, “Master. Jai Prajith a 16-month old toddler from Chennai started having seizures from almost the time he was born and this problem only got worse within the next few months.” Dr. Arulmozhi, Consultant Pediatric Neurologist explaining the clinical condition of the child said, “The baby had a complicated birth history and developed severe asphyxia soon after. The child was admitted in the Neonatal ICU for 28 days and was on ventilation for 4 days. During that period he started gettin...