New launches on Kelambakkam

Q: Hey heard that several new residential launches coming up and most of them are concentrated in the region around Kelambakkam. Kindly discuss on this news and let me know.

Kiran Kumar, Chennai

8th April 2014

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Replies (3)

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Commonman, Apartment Resident, Chennai

8th April 2014

Comment

How is the price range of the units there ? What kind of units are available there ?

Pranab Malakar,

8th April 2014

Comment

@Pranab: The project by Yuga Homes offers 1, 2 and 3BHK units in the budget range of Rs 17-40 lakh. The projects by Purvankara Projects and Shobha Developers in Kelambakkam offer 2 and 3BHK apartments within Rs 40-70 lakh.

Himani,

8th April 2014

What is the average property price range in OMR range ?

Pranab Malakar,

8th April 2014

@Pranab: The average property values on OMR range from Rs 3,700-4,800 per sq ft. In Kelambakkam the properties are at lower prices ranging from Rs 3,200-3,800 per sq ft. OMR also offers a high scope for rental returns due to high demand from end-users.

Balwinder Singh,

8th April 2014

Hey the stretch from Kelambakkam to Thiruporur has been developing fast. The forthcoming developments are not only concentrated along the OMR, but also to the interior areas and there are several investment opportunities in the form of multi-storey apartments, villas or plots.

Himani,

8th April 2014

Comment

Which are the ongoing projects and good developers there ?

Jackie,

8th April 2014

@Jackie: The area has ongoing projects by developers such as Royal Splendour Developers, Fortune Infra Developers, Jain Housing & Constructions, Yuga Homes, BSCPL Infrastructure, Sobha Developers and Puravankara Projects etc.

Himani,

8th April 2014