Golden Citys Sri Lakshmi Villa

in Chitlapakkam

Golden Citys Sri Lakshmi Villa is located in Chennai and comprises of thoughtfully built Residential Villas. The project is located at a prime address in the prime location of Chitlapakkam. Golden Citys Sri Lakshmi Villa is designed with multitude of amenities spread over a wide area.

Location Advantages:. The Golden Citys Sri Lakshmi Villa is strategically located with close proximity to schools, colleges, hospitals, shopping malls, grocery stores, restaurants, recreational centres etc. The complete address of Golden Citys Sri Lakshmi Villa is Chitlapakkam, Chennai, Tamil Nadu, INDIA..

Builder Information:. Builder of Golden Citys Sri Lakshmi Villa is a leading group in real-estate market in Chennai. This builder group has earned its name and fame because of timely delivery of world class Residential Villas and quality of material used according to the demands of the customers.

Comforts and Amenities:. The amenities offered in Golden Citys Sri Lakshmi Villa are 24Hrs Water Supply, CCTV Cameras, Covered Car Parking, Fire Safety, Landscaped Garden, Rain Water Harvesting, Security Personnel and Vastu / Feng Shui compliant.

Construction and Availability Status:. Golden Citys Sri Lakshmi Villa is currently completed project. For more details, you can also go through updated photo galleries, floor plans, latest offers, street videos, construction videos, reviews and locality info for better understanding of the project. Also, It provides easy connectivity to all other major parts of the city, Chennai.

Units and interiors:. The multi-storied project offers an array of 3 BHK Villas. Golden Citys Sri Lakshmi Villa comprises of dedicated wardrobe niches in every room, branded bathroom fittings, space efficient kitchen and a large living space. The interiors are beautifully crafted with all modern and trendy fittings which give these Villas, a contemporary look.

Being among the 20 panchayat towns in Chennai, Chitlapakkam is a locality famous for its perennial lake. A fast developing locality, many people from the city have relocated here primarily because of its greenery, availability of water and proximity to OMR, MEPZ and GST Road. Apart from the lake, Chitlapakkam was known for its gasifier crematorium; a first for a town panchayat in the state.

The region is well developed and boasts of excellent social infrastructure. Schools and colleges in the area include Srdf Vivekananda Vidyalaya, Sreevatsa Viswanathan Vivekananda Vidyalaya, National Institute of Siddha, and Madras Institute of Technology. Hospitals such as Deepam Hospital Ltd, Parvathy Hospital, B S Hospital, and Saraswathy Hospital can be easily accessed by the area’s residents. Many banks and restaurants are also situated in the area. Popular supermarkets in Chitlapakkam include Reliance Fresh Store, Spencers Super Market, and Nilgiris.

Connectivity and Transit Points

The emergence of mini buses and autos helped connect Chitlapakkam to Chromepet, Tambaram, and Tambaram railway station. Chitlapakkam Main Road, Dr. Rajendra Prasad Road and Tambaram-Velachery Main Road are some of the major roads connecting Chitlapakkam to the other important regions of Chennai.

Varadharaja Theatre, R. P. Road, Nehru Nagar, Indira Cotton Mills and Kumaran Kundram bus stops fall within a 1 km radius of the area. Tambaram Sanatorium Railway Station, Chromepet Railway Station, Tambaram Railway Station, and Pallavaram Railway Station help commuters reach their destination quickly. The locality is also close to Chennai International Airport, which lies at a distance of around 7 km.

Major Landmarks

• Chitlapakkam Lake
• Chitlapakkam Water tank
• Trinumurugan Salai Park
• Muthulakshmi Nagar Park
• New Park
• Muthalamman Temple
• Corporation Park
• Sri Viboothi Sai Baba Temple
• Ayyappa Temple
• Chitlapakkam Police Station
• Varadaraja Theatre
• Sreevatsa Viswanathan Vivekananda Vidyalaya
• Chembakkam Panchayat Park
• Selaiyur Post Office
• St. Josephas Church

Factors for Growth in the Past

Construction of roads such as Chitlapakkam Main Road, Dr. Rajendra Prasad Road and Tambaram-Velachery Main Road was one of the primary factors that paved the way for significant development in Chitlapakkam.

Chitlapakkamas proximity to bus stops, railway stations, and the airport ushered development in terms of real estate, and attracted many residential projects to spring up here. Availability of water and land were the other factors that caused a spurt of development in the region.

Residential and Commercial Market

Residential Market Trends

Apartments and houses dominate the property spectrum in Chitlapakkam. The property prices are within the range of Rs 4,550 per sq. ft. to Rs 4,850 per sq. ft.

Commercial Market Trends

Lately, there hasn’t been much development on the commercial front. The sale price for an office space in Chitlapakkam is Rs 10,800 per sq. ft.

Major Challenges

Chitlapakkam Lake earlier provided potable water to the area’s residents. But at present, the residents are having to shell out a lot of money for reverse osmosis plants and packaged drinking water. The lake, which was a 95-acre water body, has now shrunk to 47 acres due to encroachments and sewage from neighbouring houses. In addition, lack of an underground drainage system has resulted in untreated sewage flowing into the lake.

Adding to the woes of the area’s residents, nearly 175 encroachers have taken over various parts of the lake bed. The smoke generated by the waste burned at the half-acre yard in front of the lake causes a lot of inconvenience to the general public, as well as to the patients in the adjacent government hospital.

Factors for Growth in the Future

Residential project development is well underway in Chitlapakkam. Builders such as Sreenivas Housing Pvt Ltd and Annai Arul Builders are starting residential projects here. Some of these include Sreenivas Shreedhama, Aishwarya Flats, and Annai Lakeshore Apartment.

Once Chitlapakkam Lake is equipped with boating facility and a garden, the area will receive brownie points over other localities, from potential home buyers, owing to its recreational appeal.