Posts Tagged ‘Anna Nagar’

Chennai witness an increase in Property Price

Friday, September 27th, 2013

Though the Chennai’s overall housing market shows a slowed downtrend, the demand for city properties is increasing day by day. With the opening up of housing sector and the influx of pan India developers, suburbs and peripheral areas in Chennai got a virtual boost for development. Yet Chennaiites are adhering to city lifestyle as they feel that the social infrastructure in suburbs would take years, if not decades for development. This is one reason for the continued surge in demand for city properties. Areas such as Adyar, Alwarpet, Anna Nagar East, Besant Nagar, Boat Club Road, Indira Nagar, Kilpauk, Mandaveli, Sri Nagar colony, T Nagar, Tiruvanmiyur and Valmiki Nagar in particular illustrate the soaring price appreciation trend.

Property consultants feel that for the price of a city property, one can own luxury villas in suburbs and peripheral areas. Today, a 1000 sq ft apartment in the city costs not less than Rs 1 crore and location specific homebuyers are keen to garner the options available in city areas. The rigid demand has even pushed the resale property values to a new high so much so that the difference between new unit and a resale unit is hovering between 20 and 30 per cent. A newly built apartment comprising 4000 sq ft in Shastri Nagar, Adyar, was sold for Rs 8.25 crore notching up a rate of Rs 20625 per sq ft, according to realtors.

The city’s East Coast Road, considered as the entertainment corridor, and provides multiple options for the nouveau riche in the city. Expatriate population is in need of beach houses in proximity to international schools and social infrastructure. Investors are keen to plunge into the market on seeing the rental values ranging from Rs 75,000- 2.5 lakh per month with corporate driving the demand. Villas by several developers are dotting the skyline of ECR today ranging in price from Rs 2-5 crore where leasing prospects are considered good.

Source: The Times of India, Chennai

Ozone The Metrozone Chennai

Friday, December 30th, 2011


Ozone The Metrozone Chennai is a super elite residential complex spread over 43 acres of land. The complex has residential space along with retail, hotel and parking space. The total built up area in the project is 8.5 million sq. ft. The amenities provided are world class and all the minute needs of a resident is fulfilled by this project. The club house is one of its kind spread over 62000 sqft of area and has 70% of open space area surrounded by lush green landscape. Metrozone offers 2, 3, 4 & 5 BHK apartments in the size range of 1555 to 4818 sq ft.

Ozone The Metrozone is located at Anna Nagar, Chennai. It is situated near to Pillaiyar Koil Street (Jawarharlal Nehru Road). The project is in close proximity with Bharathi Puram, Shenoy Nagar, Kilpauk.

Ozone The Metrozone is one of the projects of Ozone Group. They believe in providing quality living through good realty projects. The group has three core values namely Customer Centricity, Quality and Transparency. They develop projects like residential spaces, villas, service apartments, hotels, resorts, row houses, commercial spaces, etc. The projects are being basically developed in Bangalore, Chennai and Goa. They believe in providing customer satisfaction. Their mission is to provide world class real estate products and services. The group’s vision is to enable a quality life for its customers by creating different standards for them.

Amenities

  • Pharmacy and super market
  • Basement parking for over 6000 cars
  • 250 car parking slots for visitors
  • Car washing bays
  • Clubhouse
  • 5 Swimming pools
  • Crèche
  • Piped gas
  • Home theatre conduits
  • Power backup
  • Well appointed guest suites
  • Laundromats and ironing services
  • Wi-Fi compound
  • Meditation garden
  • Jogging track
  • Cricket pitch
  • Outdoor courts
  • Billiards room
  • Table tennis
  • Several play areas for children
  • Multiplex and multi-cuisine food court

Ozone The Metrozone Site Plan

Anna Nagar residents lash out against corruption

Friday, April 15th, 2011

They came in large numbers and cast their votes with enthusiasm. For a majority of residents of Anna Nagar, there was one issue that they were united in fighting against corruption.

“It is good that elections are being held. The whole nation, especially Tamil Nadu, is seeing widespread corruption,” said businessman V Rajendran. “Only if it is eradicated can we achieve anything.”

His sentiments were echoed by other voters at Kandaswamy Naidu College in Anna Nagar East. By 8.45am, the venue was crowded. Financial consultant Suryanarayanan, who had come with his wife Janaki and parents Gopalan, 78, and Shantha, was also vocal about the need to usher in change. “We are against graft. There is a need to do away with nepotism,” he said.

At Valliammal Matriculation Hr Sec School, the long line of voters spilled out onto the pavement. Here too, people were determined to exercise their right and hopeful of ringing in a better future. “The situation in TN is really bad. Law and order has become lax, especially in last five to 10 years and corruption is a huge problem,” said Thiruvenkadan, private company executive. “But people are waking up as you can see from the turnout of voters.”

 

More News:  timesofindia