Top 5 Value-For-Money Projects In Chennai

Chennai real estate market has ample options for those looking to invest here --- new launches in the city more than doubled in the fourth quarter of the financial year 2019, data available with PropTiger.com show. Apart from that, there is an existing inventory buyers looking for ready-to-move-in could invest.

In this article, we highlight five value-for-money residential options for property seekers in Chennai.

Brigade Xanadu

RERA ID: TN/02/Building/0016/2017

This under-construction project is spread in an area of 33 acre, and has up for sale 264 units of 2BHK, 3BHK and 4BHK apartments with a carpet area ranging between 797-1,776 square foot (sqft).  The project has amenities such as car parking, a gym, a swimming pool, a cafeteria, a shopping mall, and a banquet hall. The project is being developed by Brigade Group, a developer that has an experience of over three decades.

The project is located at Mogappair, an emerging residential real estate destination surrounded by industrial hubs, including of Padi and Ambattur.

Location: Mogappair

Price: Rs 89 lakh onwards

Possession: December 2019

Olympia Oplaine Sequel

Olympia Group is offering 600 units of ready-to-move-in homes in 2BHK, 3BHK and 4BHK configuration. The project is spread in an area of 7.5 acre while the units are available in sizes ranging between 1,135-2,343 sqft. The project offers amenities like a gym, a swimming pool, a children’s play area and a clubhouse facility.

The project is strategically located at Navallur with connectivity to key job hubs, including the Old Mahabalipuram Road.

Location: Navallur

Price: Rs 49.37 lakh onwards

Possession: March 2017

Ozone Greens

RERA ID: TN/01/Building/0021/2017, TN/01/Building/0022/2017, TN/01/Building/0023/2017, TN/01/Building/0024/2017 & TN/01/Building/0027/2017

Ozone Greens, spread in an area of 15 acre, offers 1,611 units of 2BHK and 3BHK  apartments, measuring between 651-2,575 sqft. The project offers a host of facilities such as landscaped gardens, a jogging track, a play area, a swimming pool, a gym, indoor games, etc. The project developer Ozone Group has over 19 projects of which nine are under construction.

The project is located at Medavakkam, and is well-connected to IT hubs, including the Old Mahabalipuram Road (OMR) and the Grand Southern Trunk Road.  

Location: Medavakkam  

Price: Rs 40.24 lakh onwards

Possession: August 2012

Prestige Courtyards

RERA ID: TN/01/Building/0069/2018

An under-construction project, Prestige Courtyards is spread in an area of over 11.32 acre offering 150 apartments in 1BHK, 2BHK and 3BHK configurations with sizes ranging between 389-1,214 sqft. The project offers facilities such as a gym, a swimming pool, a clubhouse and a jogging track.

The project is located at Sholinganallur, one of the prime residential markets of Chennai, which will be soon connected through Metro network. The locality is already well-connected to the city centre through the OMR Road and the East Coast Road.

Location: Sholinganallur

Price: Rs 26.95 lakh onwards

Possession: March 2021

DRA 90 Degrees

RERA ID: TN/01/Building/0016/2018

The under-construction project DRA 90 Degrees offers 111 units of 2BHK and 3BHK apartments, measuring between 590-970 sqft. The project, spread in an area of over 1.27 acre, offers amenities such as landscaped gardens, a gym and sports. The project is developed by DRA, a developer with over four decades of experience in the market and five projects under its name.

The project is located at Madipakkam, an area is well-connected to the IT hubs of Velachery and the OMR.

Location: Madipakkam

Price: Rs 76.47 lakh onwards

Possession: June 2020