Posts Tagged ‘Sriperumbudur’

Manapakkam residents look to new govt to get back land

Wednesday, May 18th, 2011

Residents of Manapakkam and surrounding areas are pinning their hopes on new chief minister J Jayalalithaa to go ahead with the second airport at Sriperumbudur.

The residents will get back their 900 acres of land marked and frozen for acquisition for three years at Manapakkam, Gerugambakkam, Kovur and Kolapakkam to build a parallel runway for the existing airport if the state government decides to go ahead with the new airport. The parallel runway work may not be taken up if the second airport materialises.

Nearly 1,000 families who have bought land and houses through bank loans are repaying the loan even though they have no clue whether they will come to own the property in the future.

“We are planning to meet officials of the new government after they settle down. AAI will also submit the ICAO report to the government by that time, said Vijay Kumar, vice president of Marvel River View County Owners Welfare Association at Manapakam.

The Airports Authority of India (AAI) had put the plans to build a parallel runway on hold and announced that they would not prefer to have a new runway at the existing airport if the state government went ahead with the proposed airport at Sriperumbudur.

 

 

 

More News:  timesofindia

 

 

Real estate moving out of the city limit

Thursday, April 14th, 2011

With areas surrounding Chennai witnessing a spate of mega business and infrastructure projects, investing there makes good business sense for the real estate sector.

Several developers participating in the Expanding Metropolis, a three-day mega property fair at YMCA ground, Royapettah, opined that with skyrocketing land prices in the city, real estate was moving out of the city to areas adjoining projects developed by government agencies like SIPCOT and SIDCO.

“Developers always keep an eye on mega projects, whether promoted by government or private parties, to buy property adjoining them at low rates,” said Naren Kumbhat promoter of Assets, a city-based developer. His company has bought 75 acres near a SIPCOT project in Tindivanam in Villuppuram district, which would be developed in four phases.

“Most of the customers who approach us with an interest to invest in land prefer to buy plots in areas with prospect of government intervention in infrastructure development, which would raise the land value,” he added.

For, such projects attract huge investments in infrastructure by the government to support the industries planning to set up their units. “When the government spends on infrastructure, the land price appreciates by at least two times because of better connectivity,” said the spokesperson of High Value Property, another participant at the Expanding Metropolis. His company was promoting sites at Sunguvarchatram near Sriperumbudur and Oragadam, which is close to the proposed Greenfield international airport in Sriperumbudur.

 

More News:  expressbuzz.com

 

 

 

Marg Brindavan

Thursday, January 20th, 2011

Marg Brindavan is strategically nestled between Sriperumbudur and Oragadam in the automotive corridor of Chennai. Marg Brindavan is an apartment ideation of MARG Properties,  for property aspirant it is a dream wish.It is spread over 16.5 acres, Brindavan will feature 14 blocks (2 & 3 BHK) with 14 levels of 12 apartment units in each floor, thereby making it a total of 2,184 units. All the units in this project will be 100% vaastu compliant.

MARG Brindavan Project is located between Sriperumbudur and Oragadam on a 200 ft expressway. It is just 4 kms away from Sriperumbdur and only 8 kms from bustling Oragadam junction. There are many schools and colleges located in & around our project which are within the 20 min drive distance. The project will be completed within the 24 months time (i.e.) by Dec 2012.

Features

  • 100% vaastu compliant.
  • Centrally located Club house is well designed with Lobby, Community hall, Library, Fitness centre, Restaurant, Swimming Pool, Creche, and Indoor games.
  • Multi level car park with proper traffic designs is strategically located in close proximity to all the blocks
  • Ample spacing between blocks along with the orientation of majority of the buildings in North-South direction provides breezy airflow and ventilation.
  • Specially designed Landscape with Elder’s plaza, Pavilion, Spiral amphitheater, Children play area, Multi-use Sports Court and jogging track.
  • Efficient Unit plan with good carpet to saleable ratio, less wastage of space and circulation
  • Amenities include Polyclinic with pharmacy, Saloon and Convenience store
  • Elegant elevation and the landscape gives a spectacular view to the project
  • Introductory offer Rs. 1999/sq ft for limited period.
  • 800 sqft and above apartment comes with a balcony
  • 990 multilevel car parks, 403 stilt car parks and 309 open car parks

Neighborhood

  • 39 km from Chennai Airport
  • 3 kms from Nokia (Sriperumbudur SEZ)
  • 8 kms from Oragadam SEZ
  • 9 kms from Sri Venkateshwara Engineering College
  • 11 kms from Hyundai

Amenities

  • Power backup
  • Specially designed Landscape with Elder’s plaza, Pavilion, Spiral amphitheater
  • Children play area
  • Multi-use Sports Court and jogging track
  • Separate room and toilets for drivers in each block
  • Amenities include Polyclinic with pharmacy, Saloon and Convenience store
  • Elegant elevation and the landscape
  • 100% vaastu compliant.
  • Centrally located Club house
  • Lobby, Community hall, Library, Fitness centre, Restaurant,
  • Swimming Pool, Creche, and Indoor games.
  • Yoga Center
  • Elders Plaza & Pavilion
  • Wind Sculpture
  • Shuttle Service

MARG Properties the residential arm of MARG, India’s fastest growing infrastructure company provides value enriched homes and builds everlasting relationships; this underlying philosophy reflects in everything that MARG Properties does. Right from features like upgrading to a better home, to getting the assured carpet area and even with the simplest things like providing assistance in selecting home furnishings from our exclusive shortlist of associates the home seekers interests always get high priority.

  • No Of Apartments     – 2184 apartments
  • Size            – 611 sq ft – 1054 sq ft
  • Pricing         -   Rs. 12 – 22 lakhs

Master Plan