Date post: | 12-Jul-2015 |
Category: |
Real Estate |
Upload: | suresh-pillai |
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• Parallel to OMR.• 215 acres of plain terrain facing east with road
frontage of 400 plus feet.• Lake on the west and a mountain on the south
adds natural ambience.• 60 feet road likely to widened, additional 60 feet
road approved which runs alongs the entire site and connects to 60 feet wide state highway.
• Close to CBD (T.Nagar), Airport and OMR,the IT corridor.
• Airport 12 kms• CBD (T.Nagar) 16 kms• Central railway station 26 kms• OMR, the IT corridor
Sholinganallur 6.5 kmsNavalur 6.0 kmsSiruseri 5.5 kmsChemencherry (proposed road) 4.0 kms
• 157 acres of patta lands with details like land owners name, extent, etc.
• Land use :primary residential zone• Key map highlights the vibrancy of the
property.
continues…
• No poromboke lands, ULC. • No acquisition by Government bodies like
Sipcot,Tidco,Housing board or Slum clearance board.
• Vacant position and site at the same level to the road.
• FSI 2.5 of the total land area.
• Groundwork completed for procuring 157 acres
• 31 acres under sale agreement and 5 acres on GPA and sale registration, but scattered
• Continuous and contiguous parcels will be delivered
• 157 acres can be delivered in 3 phases within a timeframe of 6 months.
• Average price2 crores per acre• Fair and square Negotiation• Excludes service tax• Land cost @ Rs.183 per sq. ft for 2.5 FSI• Reasonable & Affordable for quality
housing
• Proximity to IT companies. • 6.5 kms to OMR (Sholinghanallur) in the
Existing Road.• 4 kms to OMR (Chemencherry) in the
proposed Road• As per new master plan the FSI will be 2.5• Land price is considerably lower than the
prevailing price in OMR
• Road connectivity to Kelambakkam- Vandalur High way. OMR, Fast growing suburban like Medavakkam, Velacherry etc.
• Lake with abundant water, mountain abutting the site present a scenic view
• Scaling to more than 300 acres opens scope for well planned township.
• Availability of such large unique parcel of land in a circumference of 5 km to IT hubs of OMR is a boon.
• Owing to pricing affordability housing can be planned.
• Potable ground water resources are abundant as lake and canal are abutting the site.