Casagrand Elan

By: Casagrand Builder Private Limited in Thalambur

Project Highlights:

• Contemporary new age architecture

About Project:

Elan from Casagrand Builder Private Limited is a grandeur of style and privacy with no added nuisance of sharing a wall with a neighbour. Casagrand Elan comprises of 3 BHK Villas that are finely crafted and committed to provide houses with unmatched quality. The project hosts in its lap exclusively designed Residential Villas, each being an epitome of elegance and simplicity. The amenities in Casagrand Elan include 24Hrs Backup Electricity, AC Lobby, Amphitheater, Badminton Court, Basket Ball Court, CCTV Cameras, Club House, Gym, Indoor Games, Intercom, Jacuzzi Steam Sauna, Jogging Track, Landscaped Garden, Library, Meditation Hall, Play Area, Rain Water Harvesting, Sand Pit, Security Personnel, Senior Citizen Park, Swimming Pool, Tennis Court and Wifi Connection.

Located at Thalambur in Chennai, Casagrand Elan is inspiring in design, stirring in luxury and enveloped by verdant surroundings. Casagrand Elan is in troupe with many famous schools, hospitals, shopping destinations, tech parks and every civic amenity required, so that you spend less time on the road and more at home.

Casagrand Elan is engineered by internationally renowned architects of Casagrand Builder Private Limited. The Group has been involved in producing various residential and commercial projects with beautifully crafted interiors as well as exteriors.

Move into a space that is truly yours.

Address:

Thalambur, Chennai,

Tamil Nadu

Advantage Of Project Location:

• 10 Minutes from Sholinganallur junction
• Closer to AGS Multiplex and Junction Mall
• Nearby schools: PSBB Millennium, BVM Global and Hiranandhani school
• Nearby colleges: Sathyabama University, Md. Satak Arts College
• Nearby hospitals: Global Hospital and Apollo Hospital
• Nearby corporates: Infosys, Polaris, Accenture, Wipro SEZ and before SIPCOT, Siruseri

Locality Price Trend:

Thalambur one of the prominent localities in Chennai. The price trends of Thalambur has been witnessing various ups and downs. The price per sq. ft. was at Rs.3310 in Q3-2019 quarter and then depreciated to Rs.3215 per sq. ft. in the quarter of Q4-2019. In the Q1-2020 quarter, the locality price has been depreciated to Rs.3175. In the Q2-2020, the locality price appreciated to Rs.3431.

The area enjoys good demand due its proximity to important centers of the city and beyond. The price appreciation of this locality in the future might be very good.

Thalambur is a noteworthy suburb seated in the southern region of Chennai. Nestled between Sholinganallur and Navallur, it is particularly known for its proximity to a number of IT Parks situated in and around the locality. Thalambur witnessed the wave of development due to its proximity to the Old Mahabalipuram Road (OMR), popularly known as the IT corridor of Chennai.

Thalambur also lies close to East Coast Road (ECR), which is popularly known as the entertainment corridor of south Chennai. The other neighbouring areas of Thalambur include Pudupakkam, Ottiambakkam, Moola Cheri, Sithalapakkam, Arasankazhani, and Perumbakkam.

The presence of vast greenery and a number of lakes, like Mahanagar Lake, Thalambur Lake, and Ottitabakkam Lake, gives Thalambur a calm and serene touch. Thalambur also shares proximity with Muttukadu Backwaters, which adds to the appeal of the locality.

In spite of lying in the outskirts of Chennai, the establishment of good physical infrastructure in the form of a number of MNCs and IT Parks aided the development of Thalambur’s social infrastructure. Thalambur boasts of a well-developed circuit of schools, colleges, hospitals, parks and bus stations.

The schools and colleges that adorn the streets of Thalambur are HLC International School, Maharishi Vidya Mandir, Government Primary School, NDE School of Animation, Sri Venkateswara Dental College, St. Joseph’s College of Engineering, and Agni College of Technology. The only prominent hospital in the locality is Sri Venkateshwara Dental College & Hospital, but hospitals like Swaram Hospital, Sree Annai Hospital, and Madhura Hospital are situated within just a 3 km radius of Thalambur.

Since Thalambur received large-scale realty traffic only a few years back, the commercial infrastructure still needs to pick up in the area. However, the proximity to Old Mahabalipuram Road (OMR) and East Coast Road (ECR) acts to its advantage, as a myriad of restaurants, cafes, and everyday use stores like grocery and medical stores found here are well within Thalambur’s reach. Entertainment zones like Student’s Open-Air Theatre, AGS Cinemas, and Mayajaal Entertainment fall within a 12 km radius of the locality.

Key Projects in Thalambur : 

Connectivity and Transit Points

With the Old Mahabalipuram Road and East Coast Road running parallel to this area, Thalambur enjoys excellent road connectivity all the way up to central region of Chennai. These roads merge with a number of other highways, and connect Thalambur to the developed northern region of Chennai. Polacheri Road, which runs along the western part of Thalambur, links it to Medavakkam-Mambakkam Road, connecting it to areas like Perumbakkam, Sithalapakkam, and Mambakkam.

Thalambur is well connected with many important localities of Chennai with a seamless bus network. A number of buses ply through Thalambur, making stops at Karanai Bus Stop and Thalambur Bus Stop. One can find buses to various destinations within Chennai, like Tambaram, Karapakkam, Arasankazhani, C.M.B.T., and Navalur. To reach other localities situated in the central and northern region of the city, one has to change buses from stops like Narayanapuram, Guindy, Mootakaran Chavadi, Thoraipakkam, and Madurapakkam.

The closest railway stations to the area are Tambaram Railway Station and Chrompet Railway Station, both situated approximately at a distance of 20 km from here. Trains from these stations facilitate intra-city travel. Chennai Central Railway Station is situated close to 32 km from Thalambur, and can be reached via Old Mahabalipuram Road (OMR).

Chennai International Airport is situated 22 km from Thalambur, and can be reached via 200-Feet Road. The alternative route to reach the airport is via OMR. It can be reached within 30 minutes if the roads are free of traffic.

Major Landmarks

• Arihant Heirloom
• SIPCOT Firestation
• Sree Trisakthi Amman Thirukoil
• Thalambur Vooratchi Manram Office
• Thalambur Lake
• TS Narayanaswami College of Arts and Science

Factors for Growth in the Past

Good connectivity and social infrastructure in the adjacent localities coupled with availability of large land parcels led to the spacious and planned development of Thalambur. The development of Old Mahabalipuram Road and East Coast Road, lured in a lot of investors to explore the areas surrounding the stretches. Thalambur being one such area, saw quick investments, especially in the residential sector.

Abundant vacant land tempted a lot of investors to move from the developed and crowded northern region of Chennai, to a more green and peaceful southern region, settling in localities like Thalambur, which shares proximity to an array of commercial and social infrastructural establishments.

The emergence of IT sector along the OMR, also created a lot of demand for residential properties in the region. Many builders like Jain Group, Padmavathy Realty, KSR Properties, VIP Housing, and Arihant Foundations have been actively launching projects in the region.

Residential Market Analysis

While the commercial sector in Thalambur is close to non-existent, the residential sector in Thalambur is thriving. The two dominant property types available in the area are apartments/flats and residential plots. Owing to the large availability of residential plots, independent houses can also be found in reasonable numbers here.

The price of residential properties in Thalambur is fairly reasonable. The average rate for apartments/flats in Thalambur is Rs 3,440 per sq. ft., and for residential plots and lands is Rs 3,200 per sq. ft. Independent houses are priced higher than residential plots and apartments, and are sold at an average rate of Rs 5,120 per sq. ft.

The rent in this area varies from one project to another, depending on a host of things. However, the average rental trend seen for the apartments in this area, range from Rs 8,000 per month to Rs 20,000 per month. The rent for independent houses or villas range from Rs 12,000 per month to Rs 40,000 per month.

Major Challenges

Since the area houses several water bodies, the irregular cleansing of these small ponds and lakes is leading to mosquito breeding. This situation is under control in many of the gated communities and high-rise apartments, but is a cause of concern for those who own residential plots and lands close to these water bodies.

Many of the areas like Harrington Nagar, Sakthi Nagar, and Sakthi Nagar Extension aren’t seeing any progress in terms of construction. In addition, the roads that lead to these areas are poorly maintained.

Factors for Growth in the Future

The Government’s proposal to widen, strengthen, and resurface the Navalur-Thalambur-Siruseri Medavakkam Road, will improve the connectivity in the area. Improved connectivity will definitely attract investors to choose Thalambur as an investment option.

With the concentration of residential projects by reputed builders like KGS Developers Ltd, Adroit Urban Developers Pvt Ltd, and Casa Grande Private Limited, Thalambur will soon brim with real estate activity. Adroit The Montage, Casa Grande Pavilion, KGS Springfield, and SSPDL Mayfair Apartments are few of the residential projects coming up here shortly.

Thalambur is enjoying the benefits of excellent connectivity and social infrastructure in its adjacent localities, coupled with availability of vast expanse of land for a planned development.