Guys Perumbakkam is a very good locality in this area. The Perumbakkam Lake spreads over 200 acres (0.81 km 2) and is a vital source of water to residents and farmers in Perumbakkam, Vengaivaasal and Sithalapakkam Villages. Nearly 100 families raise vegetables and other crops whenever water is available in the lake.
Thanks guys for the information. Even I didnt heard any bad review about this project or locality so I guess it would be good for stay for long term as well as investment.
@Himani: Units such as 2bhk and 3bhk is available. The price for 2bhk would around Rs. 25.92L - Rs. 37.68L starting price for 774 - 1125 sq.ft , and for 3bhk it would be Rs. 39.86L - Rs. 48.67L starting price for 1190 - 1453 sq.ft .
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@Joydeep: Perumbakkam is a very prime location in Chennai. It is very near to Sholinganallur, 12 km from the TIDEL park and 10 km from Velachery. All the facilities are available in this locality with good transport facility. Yes it would be good for investments as the locality is very good and seems to have good appreciation in future.
Hey Sudhakar, the project was completed by dec 2015. Banks such as HDFC Bank , Indian Overseas Bank have approvals for home loans in this project. Perumbakkam is one of the fast growing locality of Chennai. South Chennai is one of the premium areas of the Chennai where all IT companies are clustered.