Project Watch: Emami New Launch

Emami New Launch is a new project of Emami Infrastructure Limited, a construction company which has executed many successful real estate projects in Kolkata.

[caption id="attachment_6893" align="alignnone" width="600"] At a reasonable price, Emami offers comfortable apartments with all modern amenities (Picture Credit: PropTiger.com)[/caption]

The Product

Emami New Launch is spread across 8.35 acres of land. The project offers 318 units of 2, 3 and 4 BHK apartments. The size of a 2 BHK unit ranges from 1040 to 1135 sq ft. The size of a 3 BHK unit ranges from 1458 to 1596 sq ft, and that of a 4 BHK unit ranges from 1644 to 1946 sq ft.

The project has amenities like:

• Gymnasium
• Swimming Pool
• Multi-Purpose Lawn
• Banquet Hall
• Green Space
• Children's Play Area
• Clubhouse
• Indoor Games

The Builder

Incorporated in 2006, Emami Realty is a wholly owned subsidiary of Emami Infrastructure Limited. Emami is also widely known for its operations in the Fast Moving Consumer Goods (FMCG) and retail segments. Having launched many successful projects, Emami is now a respectable name in the Indian real estate market. With its goal of creating excellent, credible and sustainable homes balancing ethics, environment and economics, Emami has launched 24 successful projects, both residential and commercial. Most of these projects are in Kolkata, but the developer also has ongoing projects in Uttar Pradesh, Andhra Pradesh, Tamil Nadu and Maharashtra as well.

How to Reach

The Emami New Launch project is in Navalur, Tamil Nadu, 31 km away from Chennai. Located in Kanchipuram district, Navalur is along the Old Mahabalipuram Road, nestled between Siruseri and Sholinganallur.

Location Advantages

Navalur is connected to neighboring areas through railways and roadways. Punggudi and kolathur are the two nearest railways stations. Tiruchirappalli, a major railway station, is 10 km away from the project. The Chennai International Airport is 45 minutes away. MTC buses offer a comfortable ride to hotspots like T.Nagar, Saidapet, Broadway, Ambattur and Chennai Moffusil Bus Terminus. The locality has some good hospitals like Sree Annai Hospital, Global Hospital and Sri Venkateshwara Dental College. Due to its proximity with the coastal region, the residents can have a good time at the beach in the evening.

Infrastructure

Navalur was once a village. But, with many IT companies, and the OMR road, it has emerged as one of the prime locations in Tamil Nadu. Now a bustling suburb, it has many technology parks and housing projects. The famous Coromandel Plaza is at a walking distance from the project. Navalur has many good educational institutions too, like the Gateway American International School, Maharishi Vidya Mandir, Sri Venkateshwara Dental College and St Joseph's College of Engineering. A number of good hospitals are also located in and around the area.

Price

The price of a 2 BHK unit ranges from Rs 41.6 to 45.4 lakh. The size of a 3 BHK unit ranges from Rs 58.3 to 63.8 lakh, and that of a 4 BHK unit ranges from Rs 65.8 to 77.8 lakh.  According to reports from PropTiger Data Labs, the units of projects in Navalur are priced at Rs 4315 per sq ft on average. The units of Emami New Launch are priced at Rs 4000 per sq ft. For the amenities and comfort the project offers, this is a reasonable price to pay. The prices of the units of other projects in Navallur range from Rs 4050 to 4825. Emami is a good option for home buyers because the prices are in the mid-range.

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