Project Of The Week: Godrej Azure, Padur
Chennai has been emerging as one of the strategic real estate locations for both commercial as well as residential investments. While on the commercial front many prominent multinational companies are setting up base here especially manufacturing units, this movement has led to a rise in demand for residential properties as well. One of the latest examples is that of prominent automobile company Ford setting up its office at Electronics Corporation of Tamil Nadu Ltd's (ELCOT) special economic zone (SEZ) in Sholinganallur. With such commercial developments, areas including as Medavakkam, Navalur and Padur have become a hotbed for residential properties.
In order to tap the immense potential that Padur offers, Godrej Group brings forth a project named Godrej Azure.
The project
Godrej Azure located at Padur in Chennai is a project spread over an area of 7.1 acres. It offers 419 apartments in 2BHK and 3BHK configurations. Being a high-rise project, the home buyers can enjoy spectacular views of the surroundings. Moreover, the apartments in Godrej Azure are Vastu-compliant and equipped modern amenities such as:
The project is currently under construction and will be ready for possession by March 2020.
The locality
Padur's liveability score on the scale of 10 is 6.9. The lakes in Padur make a destination for those who love to be surrounded by the nature. Moreover, the state government is also planning to harness the benefits of these lakes for meeting the shortage of water.
Well-developed neighbourhood: Navallur, Kelambakkam, Muttukadu, Thiruvidandhai, Kanathur Reddikuppam and Thaiyur
Educational institutions: Panchayat Union Middle School, School of Aeronautical Science, School of Mechanical Sciences, Gateway International School, Institute for Technology and Management Business School, Bhuvana Krishnan School
Healthcare facilities: Chettinad Hospital and Research Institute, Chettinad Health City, Prabha Physio Care and Jain Hospital
Price and measurements
The apartments in Godrej Azure are available in size ranging between 608 sq ft and 1,916 sq ft and are priced between of Rs 22.5 lakh and Rs 76.6 lakh.
The developer
Godrej Group is one of the known real estate firms in the industry, with an experience of 27 years. The group has a total of 51 projects under its name, of which 28 are under construction.
Parameters | Rating |
Project | Good |
Location | Good |
Price | Very good |
Developer | Good |
Overall recommendations
Godrej Azure offers future prospects for those wanting to invest in upcoming and coming real estate localities in Chennai. Padur is a promising location as companies are setting up a base nearby. Moreover, the affordability factor makes the project a good investment bet.