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Chennai, Dec. 12

Property prices in Chennai are `overheating’ in pricing throwing up questions of sustainability and viability, according to Mr Irfan Razack, Managing Director, Prestige Estate Pvt Ltd. Addressing a meeting of Tamil Nadu-based real estate developers, he said developers should not price themselves out of the market. At the meeting, the Foundation for Fair Practices in Property Development (Fairprojoined the Confederation of

Real Estate Developers Association of India (Credai). Credai Tamil Nadu, consisting of over 48 leading developers from Chennai and 30 from the Coimbatore Property Developers Association, will organise a property exhibition, Fairpro between January 18 and 20.

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