Introduction: Welcome to MVM Akshobhya Apartments, an abode of magnificent Apartments in Chennai with all modern features required for a contemporary lifestyle. These Residential Apartments in Chennai flaunts a resort like environment. It is now easy to experience how modern comforts blend seamlessly with magnificent ambience and how lifestyle amenities combine with refreshing green views. MVM Akshobhya by MVM Builders and Promoters in Pattabiram ensures privacy and exclusivity to its residents. The reviews of MVM Akshobhya clearly indicates that this is one of the best Residential property in Chennai. The floor plan of MVM Akshobhya enables the best utilization of the space. From stylish flooring to spacious balconies, standard kitchen size and high-quality fixtures, every little detail here gives it an attractive look. The MVM Akshobhya offers 2 BHK luxurious Apartments in Pattabiram. The master plan of MVM Akshobhya comprises of 12 meticulously planned Apartments in Chennai that collectively guarantee a hassle-free lifestyle. The price of MVM Akshobhya is suitable for the people looking for both luxurious and affordable Apartments in Chennai. So come own the ritzy lifestyle you’ve always dreamed of.
Amenities: The amenities in MVM Akshobhya include Landscaped Garden, Rain Water Harvesting, Car Parking, 24Hr Backup Electricity, Security and 24Hr Water Supply.
Location Advantage: Location of MVM Akshobhya Apartments is ideal for those who are looking to invest in property in Chennai with many schools, colleges, hospitals, recreational areas,parks and many other facilities nearby Pattabiram.
Address: The address of MVM Akshobhya is Deenadayalan Nagar, Pattabiram, Chennai, Tamil Nadu, INDIA..
Bank and Legal Approvals: legal approvals of MVM Akshobhya comprises CMDA.
The undulating nature of Chennai real estate growth is reflected in its suburbs. Pattabiram, situated in the north-western part of Chennai, is one such suburb that has briskly emerged into a developing neighborhood, becoming a hub for residential as well as commercial activity.
Pattabiram serves as a quiet and peaceful corridor in the western region of Chennai, with abundant green farm lands around. The area is also in proximity to several lakes such as Thandurai Lake, Vilinjiyambakkam Lake, Avadi Lake, and Thirunindravur Lake.
The locality has stable civic infrastructure, supported by a police station, a post office, an electricity board office, and a fully functional railway station. The area has sufficient water, supplied by the Chennai Public Works Department (PWD).
Pattabiram social infrastructure is well maintained, with many schools, colleges, banks, and hospitals scattered around the area. Apart from three government schools, private schools like Kendriya Vidyalaya, Ptms School, and Chathiram School dot the area. The locality also houses several hospitals like Grace Hospital, Ryan Dental Clinic, M. S. Hospital, Sam Clinic, and Bohra Eye Hospital.
Apart from the basic educational and healthcare facilities, the area has supermarkets, grocery stores, theatres, apparel stores, bakeries, restaurants, and other shops that cater to everyday needs.
Connectivity and Transit Points
The upcoming suburb of Pattabiram is accorded with an advantageous location, sharing proximity to important areas like Avadi, Ambattur, Oragadam, Maduravoyal, and Poonamalle. It enjoys excellent connectivity to these areas via Chennai-Tiruttani Highway, which converges into SH-206, Avadi Main Road, and a number of other roads.
Pattabiram enjoys good public transport service, provided by Metropolitan Transport Corporation. A number of buses ply through Pattabiram Bus Stop, connecting it to the likes of Tambaram, Guindy, Sriperumbudur, Hasthinapuram, Thiruvanmiyur, T. Nagar, CMBT, Broadway, and Poonamalle.
The Chennai Suburban Railway Network provides excellent and affordable rail connectivity to other important areas of Chennai. The well-maintained Pattabiram Railway Station witnesses approximately 16,000 commuters every day, travelling to different parts of Chennai.
The primary railway station of Chennai, Chennai Central is situated 29km from Pattabiram, and takes close to an hour-and-half to reach via NH-205. However, it is more feasible to catch a train from Pattabiram to Chennai Central in the interest of both time and money. Chennai International Airport is situated 33km from this locality, and takes close to an hour to reach via SH-206 and SH-55.
Major landmarks
Pattabiram growth can be attributed to the electrification of the Pattabiram railway lines, operating under the suburban railway network of Chennai. Construction of a road-over-bridge at Pattabiram railway level crossing, has further improved the locality growth prospects.
The development of Chennai-Tiruttani Highway, which runs through Pattabiram, has been instrumental in the growth of this locality, enhancing its connectivity and making it accessible via road.
Residential and Commercial Market
Residential Market Trends
The growth of the real estate market in Chennai opened many possibilities for Pattabiram. But, since the real estate buzz in this area is new, the dominant property type here is residential plots. However, independent houses and flats in Pattabiram can also be found here in reasonable numbers.
Since residential plots are available in abundance, they are economically priced, selling at an average rate of Rs 1,050 per sq. ft. The average rate of 2 BHK and 3 BHK apartments in Pattabiram is Rs 3,100 per sq. ft. and Rs 3,200 per sq. ft., respectively. Independent houses in the area are priced the highest, and sell at an average rate of Rs 3,800 per sq. ft.
This area sees more buyer traffic than people looking to rent a property. However, the average rental rate for a house is Rs 6 per sq. ft., and the average rent price ranges between Rs 5,000-7,000 per month.
Commercial Market Trends
Since Pattabiram is mainly a residential area, only a small portion of the property market is made up of commercial properties. The average property rate for commercial plots in the area is Rs 2,800 per sq. ft. The average price ranges from Rs 3 - 5.2 crores for a mid to large sized plot.
Major Challenges
Pattabiram has temporarily been facing power supply problems due to the Chennai-Tiruvallur road widening project. The shifting of power cables, poles, and transformers is causing power cuts in the region. However, it is being said that once the transfer is made, this problem would be solved.
Another issue that plagues this locality is excessive sewage water running on the streets, especially during the monsoon. There are many open drains in the area, causing sewage water to overflow, making it a breeding ground for mosquitoes.
Factors for Growth in the Future
The talks of setting up a financial city in Oragadam, which lies only 10km from Pattabiram, has cajoled many investors into investing here. Once completed, the financial city will see a huge inflow of buyer, seller, and investor traffic.
The proposal to start mini-bus service to suburbs like Tambaram, Red Hills, and Kelambakkam have increased the chances of instating these services in areas like Pattabiram. If the project is given a nod, it would definitely improve connectivity in the area, making it more convenient for the residents to commute.
Many small-mid scale residential projects like Royal Denizen, Jas Sahoj Nivas, Gokulam, Supradeepam, Sri Chakra, and P dot G Flora would help to kick start the apartment culture in the area, and would invite large-scale residential projects to set camp here.
#26, Thiruvasagam Main Street, Sri Balaji Nagar, Avadi, Chennai - 600054, Tamil Nadu, INDIA.
Projects in Chennai
Completed Projects |The project is located in Deenadayalan Nagar, Pattabiram, Chennai, Tamil Nadu, INDIA.
Flat Size in the project is 1020
The area of 2 BHK units in the project is 1020 sqft
The project is spread over an area of 0.20 Acres.
Price of 2 BHK unit in the project is Rs. 5 Lakhs
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