Malles Group Review

Q: HI. Can anyone tell me more details about malles builders. im new to chennai and would like to invest in perumbakkam area.

Kumaravel, Chennai

27th July 2016

Buying property in Malles Aashira, Perumbakkam, Chennai

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Replies (5)

I heard that the builder has received partial completion certificate Phase I. What does partial completion certificate? How is the payment slab for this project?

Puneet Laskar,

22nd September 2016

Comment

The builders will obtain partial completion certificate which enable the builders to take maintenance charges without completing the required work or providing mandatory facilities.

Jackie,

22nd September 2016

To Confirm Booking (EMD): 15%
On registration: 20%
on Completion of foundation: 15%
On Completion of Roof Slab: 10%
On Completion of block Work: 10%
On Completion of Internal Plastering: 10%
On Completion of external plastering: 10%
On Completion of plumbing work: 7%
30 days before Possession: 3%

Anil Kumar, Chennai

22nd September 2016

What is the status of the project and what is the current \pricing going on?

Puneet Laskar,

22nd September 2016

Comment

Phase I is completed and sold out and only few flats are available in Phase II. Construction work is going on in full swing in Phase III and the possession is expected by 2016.

The price of a compact 2 bhk will cost your around 24 lakhs all inclusive and cost of a spacious 2 & 3 bhk will be Rs 45 all inclusive.

Anil Kumar, Chennai

22nd September 2016

Malles is a good option if you're new to the real estate space in Chennai, u will not end up regretting this investment and the Vijayadhwajam project in T.nagar is located in the prime area as well.

Sweetha, Chennai

29th July 2016

Comment

Perumbakkam, which used to be a small village in the outskirts of Chennai, is now turning into a major residential suburb of South Chennai. The locality is the easy accessibility to the IT corridors of OMR and Sholinganallur.

Komathi, Chennai

28th July 2016

Comment

There are other projects available in Perumbakkam, you can check the list of projects by clicking on the link Projects in Perumbakkam

Ram Gopal, Chennai

28th July 2016

Many people are talking about Perumbakkam locality that the locality is doing good in terms of real estate, I agree connectivity is one of the reason.. What are the other reason?

Anandraj Iyengar, Chennai

1st August 2016

Another advantage is its proximity the airport, Tambaram railway station, and Velachery MRTS. Moreover, the proposed extension of Metro Rail will also have an impact in the real estate market of this area. The area is expected to develop further in the coming years. Currently the rate per sqft going on in this locality is in between Rs 3.000 to Rs 4,800 per sqft.

Ram Gopal, Chennai

1st August 2016

Malles Constructions are quite well known and have experience of over 3 decades. They have projects all around Chennai. They are very reliable and one of the few builders we can really count on.

Komathi, Chennai

28th July 2016

Comment

It is just 700 meters away from the Medavakkam-OMR link road and the project offers only 3 bhk homes ranging between 1250 sq.ft. and 1650 sq.ft. The project has gopt approval from CMDA and banks like LIC Housing Finance and Axis bank.

Ram Gopal, Chennai

28th July 2016