@Himani: Banks such as Axis, HDFC, LIC have approval for home loans in this project. The price per sq ft will be around Rs 8,990 - 9000 . Arumbakkam was well developed commercially well established area suitable for all both commercial and residential purposes. Arumbakkam is very close to Koyambedu CMBT terminus and other well established places better place to survive.
@Himani: The project is located in Arumbakkam. Arumbakkam is the new kid on the block which has all the cool toys. Arumbakkam boasts of awesome shopping malls, big constructions, all needed amenities and low real estate price tags. Such combinations are difficult if not impossible to find. This was once said for now over priced Anna Nagar.
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Hey Subramanya, the project was launched just two months back. The price for 3bhk will be around Rs 1.16 cr for 1160 - 1390 sq ft. As far as I know the location is also very good.