Project Overview
Type of Home | Affordable, Value enriched Homes. |
Location | Sriperumbudur – Oragadam, Chennai. |
Size of Total Project: | 3.26 acres. |
Type of Units | 1, 2 & 3 BHK of 450 sft to 1300 sft |
No. of Floors | 3 blocks & 4 floors in each block |
Total No. of Units | 300 |
Expected Commencement & Completion Date | Construction has already commenced and expected to be completed by Dec 2016. |
Sanctions Status | All sanctions received. |
Budget Range | It falls within the category of Rs. 25 Lakhs – 40 Lakhs. Basic Price Rs. 2900/- sft |
This project is spread over 3.26 acres is designed to suite today’s trend of stylish and comfort living. The project will house around 300 families and promises to deliver never before value in a living space with maximum utilisation of space, well ventilated and vastu based construction to its buyers.
Every apartment is designed to set a new trend of living excellence. The builder will be coming out with 1 BHK, 2 BHK, 3 BHK apartments, ranging from 450 Sft to 1300 Sft.
The project is self contained family community offering well planned living experience. Every housing will have levels of comfort, aesthetics, tranquillity and support that are best. Everything has been worked out to the minute detail to give the resident maximum benefits.
USP’s:
This project is 400meters from on the six lane State Highway 57 (Sriperumbudur to Oragadam Road) which gives you an easy access to Companies, Schools and Hospitals etc. One can also expect good rental returns and this is a rare opportunity to secure a valuble asset.
Why invest on Sriperumbudur and Oragadam belt?
Sriperumbudur is the future growth corridor of Chennai and is already one of the hottest locations for investments in not just Chennai and Tamil Nadu but also the whole of South India. The Govt of Tamil Nadu has designated Sriperumbudur as a manufacturing Industries corridor resulting in improved facilities and infrastructure support. Due to massive and sudden growth of Auto & ancillary units industries on this stretch, Sriperumbudur is slowly turning into a coveted residential location with many of professionals working and living here to avoid the congestion and pollution of the city.
Developments in Sriperumbudur and Oragadam belt:
- With over 22 Fortune 500 companies (of which six are global car manufacturers), the Sriperumbudur-Oragadam belt has seen tremendous industrial growth.
- Country Specific Zones coming up in the location.
- Oragadam along with Sriperumbudur is garnering a total investment of $3 billion in telecom and car manufacturing facilities.
- Global firms have already pumped in $1 billion in the Sriperumbudur zone.
- Oragadam has turned into an automobile hub and is rightly considered as the Detroit of India.
- Shri Kailash to invest Rs 320 cr in logistics parks.
- Daimler India Commercial Vehicles unveils Test Track at Oragadam, near Chennai.
- Railway Link between Sriperumbudur and Oragadam.
- Huawei to invest $2 billion in India over 5 years.
- Greenfield Airport in Sriperumbudur – Concrete steps taken.
- Ashok Leyland-Nissan Sriperumbudur plant to kick in for phase 2 product.
- Royal Enfield to invest Rs. 350 cr in new plant.
- Daimler unveils test track at Oragadam facility.
- Proposal actively considered for railway links in Sriperumbudur, Oragadam.
- Oragadam corridor emerges logistics, supply-chain hub
Why invest in this project?
This project comes from one of Chennai’s leading and proven developers and is one among the first to feature unique aspects as below:
- Comfortable Delivery
- Good quality flat
- Transparent Transaction
- Personalised /Professionalised Homely Service
- Harmonious Living Experience
- Well connected to metro and mono rail.
- Greenfield airport project nearby in the pipeline.
- Competitively priced projects with high potential for appreciation.
- Top class CBSE School coming up.
Feature List
Locational Advantage:
There are good numbers of schools located in and around the complex which are within 20 mins drive distance. In that few famous schools are:
- Maharishi International Residential School, Sunguvarchatram.
- St.Joseph International Residential School, Next to Nokia.
- St.John’s International School, Nazarethpet.
There are also good numbers of colleges located within 20 mins drive distance. Few of the famous colleges are:
- Sri Venkateswara Engg College
- Rajiv Gandhi Engg College
- Rajalakshmi Engg College
- Saveetha Medical & Engg College
- DMI College of Engg
- Arignar anna Engg College
- Chennai National College of Arts & Science
- Rajalakshmi institute of technology
- Panimalar Engg College
- Kings Engineering College
- Sakthimariamman Engg College
- SKR Engg College
There are 4 hospitals located within the vicinity of the complex :
- Sri Ramachandra Hospital – Porur – 40 minutes
- Upcoming 60 bed Apollo in Nokia Campus – 5 minutes
- Jaya Hospital, Sriperumbudur – 10 minutes
- Anna Government Hospital, Sriperumbudur -10 minutes
Prominent Landmark:
Location |
Distance in kms |
BANGALORE HIGHWAY NH4 |
4 |
RAJIV GANDHI MEMORIAL |
4.8 |
ORAGADAM JUNCTION |
8.1 |
SP KOIL (GST ROAD) |
20.7 |
TAMBARAM |
31.6 |
PORUR JUNCTION |
32.2 |
KOYAMBEDU |
38.1 |
KATHIPARA JUNCTION |
38.2 |
AIRPORT |
39.7 |
NOKIA |
3 |
SAINT GOBIAN |
7.9 |
NISSAN |
8 |
APOLLO TYRES |
8 |
DAIMLER |
9.5 |
MOTOROLA |
11 |
HYUNDAI |
11.9 |
SAMSUNG/DELL |
12 |
FLEXTRONICS |
12.2 |
Return Matrix
Capital Investment | |
i) If taking Bank Loan | Rs.2, 61,000 to Rs.7, 54,000 (450 Sft & 1300 sft) at Basic Cost of 2900 per sft. |
ii) If Self Funded | Rs.13,05,000 & Rs.37,70,000 (Basic) |
Investment Period | 3 years |
Expected Target Price | Rs. 4500 to Rs. 5000 by completion, Phase 1 |
Return on Investment | |
i) If taking Bank Loan | 129% to 169% on capital invested. |
ii) If Self Funded | 55% to 72% in 3 years from now. |
Type of Apartment and Size:
The 4 floor apartments in 3 different Towers offer one a spectacular view. There are 300 apartments in all.
The project offers 3 types of apartments, ranging between 450 sqft to 1300 Sft:
- 1BHK
- 2 BHK
- 3 BHK
For site visit or more details and further enquiry please call any of below team members:
Mr. S. Sitaram | Head-Business Development(TN&Pondy) | E-Mail: sitaram@gcglobal.in | Mob: 9444481810 |
Mr. Thandava Moorthy S | Executive – Client Relations | E-Mail: moorthy@gcglobal.in | Mob: 8754040503 |