Maraimalai Nagar Chennai

Project Overview

Type of Home	Gated Community Luxury Apartments.
Location	Thirukachur Village, Maraimalai nagar, GST Road, Chennai.
Size of Total Project:	10.36 acres.
No. of Floors	B+G+9 floors of 16 blocks
Total No. of Units	436 Units
Expected Commencement & Completion Date	Construction in full swing. Most of Multistoried apartments completed.
Sanctions Status	All sanctions received.
Budget Range	It falls within the category of Rs. 43 – 63 lakhs. (Basic)
USPs	The GST Road is the rising central business district where a major chunk of foreign direct investments happily reside. One can also expect good rental returns and this is a rare opportunity to secure a valuable asset from one of Chennai’s leading promot

The Project is a world class gated community from a Top Promoter of Chennai, offers you an international life style right here on Indian Soil. Housing 180 king-sized Royal Apartments, 240 Premium Apartments, 16 Town villas and 42 Serviced Apartments, The Project effortlessly creates a new benchmark in fine living.

Its exhaustive range of plush amenities redefines luxury, while its immaculate making cuts down least of chances for any kind of hassles. This project is showcase project of the Builder. And has been designed solely to meet one objective, give you the best of all worlds.

Sprawling over 10.36acres of verdant land, the project flaunts a 7-acre stretch of lush greenery embellished with well-manicured Zen gardens and gurgling water bodies. A welcome break from the maddening hustle and bustle of city life, the project is where you and Mother Nature hang out in the same neighbourhood.

With a host spaciously designed 2&3-BHK homes, ranging from 1395 Sft to 1956 Sft. The project has space for everything in your life. Squabble with your wife, Play hide’n’seek with your kids or catch up with your parents, without leaving the plush confines of your home.

The tastefully done interiors further add a touch of class to the everyday proceedings.

Why invest on GST Road?

This GST is the Way for Foreign Direct Investments. And A Growing Future.

The arterial highway connecting Chennai to Southern regions of the State, the Grand Southern Trunk Road is the rising central business, district where a major chunk of foreign direct investments happily reside.

With over 7 approved SEZs buzzing with action and a slew of multinational companies pumping in capital, GST Road is the booming Industrial belt where you will find the biggest of the big fish from across the globe.

The 4-lane national highway runs parallel to ECR and the IT Corridor, Playing host to top line industries including Siemens, Ford, WABCO TVS, BMW and Ascendas Tech Park.

One name that tops this blue-chip business district is Mahindra World City. A globally acclaimed integrated city, Mahindra World City houses some of the most reputed global business houses, with over 20,000 hungry minds sprawling in the vast place. This Project proudly stands tall, very close to Mahindra World City.

The self-contained community offers great investment opportunities with good returns, including a grand lifestyle.

Why invest in this project?

This project comes from one of Chennai’s leading developers and is one among the first to feature unique aspects as below:

The Project is designed to a modular kitchen compatible.
One 13 Passenger Stretcher Lift and One 10 Passenger Lift in each Tower.
Strategically located in the monumental industrial hub Maraimalai Nagar and Mahindra World City.
World class entertainment, educational and health-care centers.
Located on a superlative 4 lane GST Road.
Well connected to CBD by efficient Suburban Rail Service.
Competitively priced project with high potential for appreciation.
Ample car parking facility.
Rain Water Harvesting : Capturing rain water for recycling and to assure and independent water supply.
Water: There would be plentiful of water for all residents. Rain water harvesting will also be done and there would be separate water Treatment plant.
Ventilation: All the apartments are constructed with proper cross ventilation.

Feature List

Crèche
Movie Hall
Restaurant
Party Lawns
Gymnasium
Banquet Hall
Tennis Court
Jogging Track
Spa & Jacuzzi
Squash Court
Water Bodies
Access Control Power Backup
Swimming Pool
7 Acres of Green
Lotus Pond & Zen Garden

Locational Advantage:

Hospital: 7 km
School: 5 km
Railway Station: 1 km
Airport: 15 km

Type of Apartments and Sizes:

The B+G+9 floors high rise apartments in 16 different Towers offer one a spectacular view. There are 436 apartments in all.

The project consists of 16 towers with B+G+9 floors each and is being implemented in 2 Phases :

Category 1 – 180 Units

Category 2 – 240 apartments

The project offers 2 types of apartments, ranging between 1395 sqft to 1956 Sqft:

2 BHK
3 BHK

The current base price of apartments in two categories is Rs. 3100/Sft and Rs. 3250/Sft.

Return Matrix

Capital Investment
i) If taking Bank Loan	Rs.8,64,900 to Rs.12,12,720 (1395 sft & 1956 sft) at Basic Cost of 3100
ii) If Self Funded	Rs.43,24,500 & Rs.60,63,600
Investment Period	2 years
Expected Target Price	Rs. 4100 to Rs. 4500 in 2 years from now
Return on Investment
i) If taking Bank Loan	91% to 128% on capital invested
ii) If Self Funded	32% by completion and 45% in 2 years from now