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Top 5 Projects Priced Below Rs 80 Lakh In Chennai

August 31 2016   |   Harini Balasubramanian

Home to India's finest health care institutions, a well-developed modern civic infrastructure and a flourishing tourism industry, Chennai truly justifies itself as a future smart city. The fourth-largest economy in the country, the city is an up and coming residential hotspot. Finally, having been rated by the BBC as one of the hottest city worth living in, some of the best developers of the Indian realty market operate from the city. Whether it is affordable apartments or luxury villas, the city brings the most impressive housing options to the forefront. PropGuide picks top five residential projects in the city priced below Rs 80 lakh.

KG Builders Signature City

Price: Rs 77.4 lakh to Rs 84 lakh (Rs 6,268 per sq ft)

Livability score: 8.7

Possession by: June 2017

An 11.8-acre under construction property, Signature City offers contemporary apartments of 1,2 and 3BHK configurations ranging between 610 sq ft and 1,400 sq ft. With a total of 1,070 units available under the project, it is nestled in an upscale residential locality at Mogappair in the north-west of the city. The property is vastu-compliant and presents a host of lavish amenities entailing a gymnasium, a swimming pool and a clubhouse, among other things. All important social infrastructural facilities like schools, hospitals, etc. are located in the vicinity. The developer, KG Builders, has around 3 decades of industry experience and is an ISO certified company. 

Alliance Galleria

Price: Rs 31.9 lakh to Rs 83.6 lakh (Rs 4,995 per sq ft)

Livability score: 8.7

Possession by: December 2017

Extending over an area of 9.09 acres, Alliance Galleria provides 720 units of 1, 2 and 3BHK apartments, available in sizes from 639 sq ft to 1,673 sq ft. The project is located at Pallavaram, a busy locality which houses some renowned IT organisations such as TCS, Wipro, etc. as well as popular schools and hospitals. The property offers a comfortable lifestyle through a range of high-end amenities, including a gymnasium, a swimming pool, a clubhouse and an efficient safety system. It is also well-connected to the international airport and the central railway station. The developer, Alliance Group, is a prominent player in Chennai's real estate market and has been recognised for meeting global quality standards.

Agni Estates Pelican Heights

Price: Rs 75.1 lakh to Rs 75.9 lakh (Rs 5,200 per sq ft)

Livability score: 8.5

Possession by: April 2018

Pelican Heights is a 1.25-acre housing property located at a popular residential locality, Chrompet, in southern Chennai. It houses 138 units of 2 and 3BHK apartments with luxury specifications. Restaurant, hospitals, play school, bus stops and other crucial facilities are available in the vicinity. The property presents a gamut of housing amenities along with a serene environment. Agni Estates is a renowned 23 years old real estate company which specialises in residential as well as commercial sectors.

Sobha Meritta

Price: Rs 79.4 lakh to 87.3 lakh (Rs 4,472 per sq ft)

Livability score: 8.5

Possession by: April 2016

A thoughtfully planned 6-acre residential project, Sobha Meritta houses spacious ready-to-move-in apartments of 1,2 and 3BHK configuration. A total of 556 units are available and the size ranges between 537 sq ft and 2,197 sq ft. Sophisticated lifestyle is guaranteed for the residents through a range of luxury amenities as well as a robust social infrastructure in the neighbourhood. Kelambakkam is the location where this project is situated and is known for the presence of an IT corridor. Sobha Limited is a reputed realty firm in the region which has been recognised for developing world-class living spaces.

Jain Housing Pebble Brook

Price: Rs 77.7 lakh to Rs 83.1 lakh (Rs 5,295 per sq ft)

Livability score: 8.7

Possession by: September 2016

Thoraipakkam is the locality where the project is located and is a desirable residential destination. Pebble Brook is a 12.6-acre project with 820 units of 1,2,3 and 4BHK apartments ranging between 531 sq ft and 2,523 sq ft. It has all the desired facilities such as a rainwater harvesting system, a 24X7 security system, a gymnasium and a swimming pool. Being located at the intersection of the IT Expressway and Old Road (OMR) , the residents of this housing complex have access to the finest social infrastructural facilities. Jain Housing has successfully executed prestigious projects across Cochin, Chennai, Coimbatore, Hyderabad and Bengaluru.




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