Prices in most areas have been stagnant but some regions are showing reasonable appreciation.
Tambaram, a suburban area of the capital city has borne the brunt of the torrential rains, with areas beyond 2-3 km outside of its station left inundated, cutting it off from rest of Chennai.
Rains will continue to batter Tamil Nadu for the next seven days and the next 48 hours are "very crucial", the IMD has said.
The real estate sector is set to enter a progressive phase in 2015.
State government announced ex gratia for kin of those who lost lives.
The contemporary problem with the BJP in Tamil Nadu is that it has been trying hard to package the DMK especially as anti-god and anti-Hinduism, and seeking it to link to Periyar and M Karunanidhi, and by extension to Stalin, the latter's son and successor to the party mantle. Their hope was to consolidate the perceived 'pro-god, pro-religion votes', which they saw returning to the fold post-MGR, post-Jayalalithaa. But no such substantial vote-bank existed even in Periyar's time, says N Sathiya Moorthy.
