Chennai
  • Bangalore
  • Mumbai
  • Delhi
  • Pune
  • Chennai
  • Hyderabad
  • Kolkata
  • Ahmedabad
  • Total Project Area 2.67 Acres
  • Total Units 93 Units
  • BHK 3, 4 BHK
  • Area (111.48 - 120.77 sq.m)
  • Possession Jan-2011 (Ready-to-move)
  • Property Type Apartment

Unit Configuration

Unit Types
Super Built-Up Area
Carpet Area
Price
Floor Plans
3 BHK Apartment Availability*: Sold out
1200 sq.ft (111.48 sq.m)
NA
NA
NA
4 BHK Apartment Availability*: Sold out
1300 sq.ft (120.77 sq.m)
NA
NA
NA
*Availability Yes/Sold Out depicts Availability with Builder only.Taxes and other charges may apply. Last Updated on 05-Sep-2025

Location

Properties in Annai Sri Varathapuram

About Annai Sri Varathapuram

Annai Builders Real Estate Pvt Ltd is a real estate group which focuses in gaining the faith and respect of its investors in the form of actions and not just words. Annai Builders Real Estate Pvt Ltd is a reputed organization comprising of experienced engineers and thoughtful builders who have successfully built a lot of housing projects. With a history of bringing projects on time and as per assured specifications, Annai Builders Real Estate Pvt Ltd is a name to believe when it comes to real estate in Chennai.


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The information provided herein have been collected from publicly available sources, and is yet to be verified as per RERA guidelines.*

About The Builder :

Annai Builders Real Estate Pvt Ltd was incorporated during the year 1987.
The main objective of the organization is to provide affordable and value rich housing and housing plots in and around Tamilnadu. India.
The registered office of the company is in Chennai and it has branches spread across multiple locations.
Over the years the company has promoted innumerous layouts across Chennai, with perfection.
Annai Builders Real Estate Pvt Ltd is a household name today, for its capability to deliver hassle free products, documentation and title, besides ensuring committed quality service to its customers across the globe.
It has very strong customer base of over 50,000, who will vouch for the perfection of quality, and service they have enjoyed over the years.
The company is expanding at rapid speed, and proposes to launch many MSB`s, STP`s etc. The companys next launch is expected to be a huge project with over 2500 dwelling units near Chennai.



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About The Locality :

Perumbakkam, which used to be a small village in the outskirts of Chennai, is now turning into a major residential suburb of South Chennai. With the famous Perumbakkam Lake lying within its precincts, the locality’s residents have an excellent source of recreation amidst the periodic hustle-bustle of the locality.

 

Perumbakkam has also been part of several initiatives. For instance, in the year 2013, a slum clearance drive was undertaken in Perumbakkam under JnNURM’s “Basic Services for the Urban Poor” program. Slums were cleared and new resettlement areas were built, giving the locality a major facelift.

 

The social infrastructure in this locality is a highlight. Reputed schools and colleges like Kendriya Vidyalaya, Hiranandani Upscale School, Asan Memorial College of Arts, and credible hospitals like Global Health City, Karunya Hospital, and others, have been a huge success in making this locality self-sustaining.

 

Key Projects in Perumbakkam : 

Radiance Mercury
Casa Grande Cherry Pick
StepsStone Akshara
PS Nexterra

 

Connectivity and Transit Points

One of the major plus points in favour of this locality is the easy accessibility to the IT corridors of OMR and Sholinganallur. Both these areas can be reached easily from Perumbakkam via ECR Link Road. One can even head down to Sholinganallur through Medavakkam-Sholinganallur Road. And Tambaram, a major locality in Chennai, is accessible via Velachery-Tambaram Road.

The most popular mode of public transport here are the buses, both private and State-run. The Chennai MTC buses connect Perumbakkam with other localities like Tambaram, Thiruvanmiyur, Adyar, Kovalam, Kilkattalai, T. Nagar, Pallavaram, and Thirupporur. Auto-rickshaws are quite popular, too.

For long distance travel, Velachery Railway Station is in the vicinity. And Chennai International Airport is just 15km away.

 

Major Landmarks

 

●     Perumbakkam Lake

●     Advent Church

●     Pathanjali Gardens

●     Bharathi Vidyalayaa Senior Secondary School

●     Marrybrown

 

Factors for Growth in the Past

The most prominent growth factor for the locality has been the emergence of IT hubs in the surrounding localities of OMR and Sholinganallur. The area quickly rose to become a potential option for the young IT crowd, spurring the residential project development. Once apartments and houses were built, they were sold at cheap prices, attracting more home buyers and kick starting the growth in the commercial sector.

 

Residential Market Analysis

The residential market in this locality consists mostly of multi-storey apartment buildings, followed by residential plots in Perumbakkam, with the presence of only a few independent houses. The apartment types available vary from 1-3 BHK units, and are available in the price bracket of Rs 4,600-6,400 per sq. ft.

The individual houses available are generally in 3-4 BHK configuration, falling in the price bracket of Rs 6,500-7,000 per sq. ft., while residential plots are available for Rs 3,200-3500 per sq. ft.

 

Major Challenges

Contamination of groundwater is a major civic challenge. At present, the water is not potable; in fact, the residents don’t even use it for washing and cleaning purposes. It is likely that the water from the lake will become unusable, if the groundwater seeps into the lake and contaminates it.

Being relatively new, Perumbakkam still has a long way to go to build up an adequate urban infrastructure. For instance, the roads need to be repaired, and then maintained well.

 

Factors for Growth in the Future

The future of Perumbakkam is bright. With the announcement of the ELCOT-SEZ project, investors and buyers alike are hoping for significant returns on investment; and rightfully so, because once this SEZ is active, a capital appreciation of 100 per cent can be expected.

Several IT companies have also expressed their interest in setting up offices in Perumbakkam. These developments coupled with the upcoming metro line along the GST Road will further boost the realty market of this small suburban locality.

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The information provided herein has been collected from publicly available sources and is yet to be verified as per RERA guidelines.*

#150 & 151 Alpha Center, 4th Floor, Norht Usman Road, T. Nagar, Chennai, Tamil Nadu, INDIA.

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Other project by Annai Builders Real Estate Pvt Ltd :

Frequently Asked Questions on Annai Sri Varathapuram

The project is located in Perumbakkam, Chennai, Tamil Nadu, INDIA.

Apartment sizes in the project range from 1200 sqft to 1300 sqft.

The area of 4 BHK units in the project is 1300 sqft

The project is spread over an area of 2.67 Acres.

Price of 3 BHK unit in the project is Rs. 5 Lakhs

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