Currently the rate per sqft going on is Rs 3650. People planning to invest in this project can expect good rental value and appreciation. Moreover the project has got 5 star from CRISIL
Key factors evaluated in the star rating process are as follows: Quality of legal documentation, Construction related risks, Financial flexibility/viability of the project besides the background, and Track record of the project sponsor.
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The reviews above of Pristine Pavillion look good, if there are more buyers, we could possibly get together. If 5 -6 buyers collectively approach the builder there are chances for a better deal.
Hello Priya, could you tell me what price builder quoted you for this project? What is the status of the approvals?I am planning to buy 2 BHK flat in this project.
DRA Group has also launched their Phase-2 of Pristine Pavilion in Mahindra City. They are giving semi-furnishing for the apartments and also 3 years assured rent. The price is also competitive. I have visited their site last week. It is located riight inside Mahindra world city and very close to Mahindra's Research Valley. DRA has handed over their Phase - 1 in Pristine Pavilion. Construction is good. I am in touch with one of their sales persons. May book an apartment here.
Thanks dear for updating but what is the overall price of this project. I am interested in 2 BHK unit in this project.Also I would like to hear your opinions about this area as well as project.
I am one of the happy customers of Pristine Pavilion Phase-I. The construction is progressing quickly and it is going as per the schedule. DRA is an experienced Bangalore based builder so you can rely on them. This project is located right inside Mahindra World City and the best part is it is a freehold property. As an investor, you can expect good rental income and capital appreciation. I have booked 2 bhk for Rs.2850 one year back and now the builder is quoting around Rs.3550. I think very few flats are available in Phase-I. Their customer service also good.
Hi Vkumar, Situated in a fast expanding industrial development hub with several engineering colleges, educational and technical institutions located along this corridor, providing access to high quality resources.This project is well connected by road and rail. It is just a short ride away from Chennai airport and the Chennai seaport. Spread over 4 acres, the City is surrounded by hills, natural lakes and forest reserves. It has easy access to safe and cost effective rail transport including the suburban commuter services.
Mahindra World School-2 km, Paranur Railway Station-3 km, Mahindra Business Integrated City within walkable distance, IT Corridor -25 min, Domestic & International airport - 20 min, Family clinic, with ambulance service & pharmacy- 5 min, Entertainment Zone- 30 min etc.
@Vkumar, Pristine Pavilion by DRA Aadithya Project Pvt. Ltd. strategically located at Chengalpet, near Mahindra World City offers 2/3 BHK residential flats from 1052-1845 sq-ft. The current price quoted by the developer is Rs. 3450/sq-ft. It is a G+4 storeys apartments and in construction phase now.
In the South, localities such as Chromepet and Selaiyur are among the growth corridors. These areas are close to the airport and railway station, along with the upcoming Outer Ring Road. In the West, there is Porur suburb or the Mount Poonamallee Road including areas such as Manapakkam and Kundrathur which are growing at a fast pace. Capital values in both these zones have gone up by almost 15-20% in the last one year.
@Vkumar, Some of the similar projects in the nearby areas of Chengalpet are Adroit District S, RPG Rainbow City, Adroit The Matrix, DRA Ranka Pristine Pavilion, Sri Ranga Nagar Plots etc.
Upcoming project:- DRA Hills in Panjim, Goa.
Ongoing Projects:- Pristine Pavilion in Chengalpet, Chennai and DRA Pristine Pavilion at Kanchipuram.
@Pavan, Pristine Pavilion by DRA Aadithya Project Pvt. Ltd. is DTCP approved project and SBI, Karur Vysya Bank, HDFC, LIC Housing Fin. Ltd., PNB, ICICI, Axis, India Bulls, Bank Of India etc are the leading home loan provider banks of this project.
It is expected date the possession date will near about December'2014.
Hi Ramesh, Good to know that you are investing in MWC project. Even i am planning to buy a 2BHK units of this project and had a site visit last month.DRA Group‘s Pristine Pavilion is situated at the exit gate of first phase of Mahindra World City which is strategically located just outside Chennai, the capital of Tamil Nadu. Situated in a fast expanding industrial development hub with several engineering colleges, educational and technical institutions located along this corridor, providing access to high quality resources.