Pearl Astragal

By: Pearl Constructions in Perumbakkam

Pearl Astragal is an completed premium residential property by Pearl Constructions. Located strategically in Perumbakkam, Chennai. The project boasts of superior lifestyle amenities plus an easily accessible location and an array of thoughtfully designed 2 BHK and 3 BHK. Pearl Astragal houses state-of-the-art Apartments that are sure to give you a superior lifestyle.

Pearl Astragal is Located at Prabhu Nagar, Perumbakkam, Chennai-600100, Tamil Nadu, INDIA one of the most sought after locations in Chennai. The area has good connectivity to hospitals, recreation areas and malls etc. Residents can enjoy a great work-life balance by staying in these Apartments.

Comforts and Amenities:.

The project comprises of a meticulously designed array of Apartments with minimum area starting at 1144 sqft and maximum area of 1314 sqft. Some of the most outstanding amenities available as part of this project. Pearl Astragal is approved by almost all top banks in the city and hence finding a housing loan is not a difficult task. Duly approved by development authority of the city, these houses are best suited for individuals looking for a hassle-free lifestyle.

Construction and Availability Status:. There’s not much time remaining for completion of Pearl Astragal. Buyers can directly reach or enquire availability status with Pearl Constructions. The project has sold out a considerable number of residential units till date.

Units and interiors:.

The project comprises a total of 6.

Builder Information:.

Pearl Constructions are one of the most trusted builders in the city of Chennai. They have a long legacy of meticulously designed and successfully delivered projects. Pearl Astragal is yet another Residential in their portfolio.

Perumbakkam, which used to be a small village in the outskirts of Chennai, is now turning into a major residential suburb of South Chennai. With the famous Perumbakkam Lake lying within its precincts, the locality’s residents have an excellent source of recreation amidst the periodic hustle-bustle of the locality.

Perumbakkam has also been part of several initiatives. For instance, in the year 2013, a slum clearance drive was undertaken in Perumbakkam under JnNURM’s “Basic Services for the Urban Poor” program. Slums were cleared and new resettlement areas were built, giving the locality a major facelift.

The social infrastructure in this locality is a highlight. Reputed schools and colleges like Kendriya Vidyalaya, Hiranandani Upscale School, Asan Memorial College of Arts, and credible hospitals like Global Health City, Karunya Hospital, and others, have been a huge success in making this locality self-sustaining.

Key Projects in Perumbakkam : 

Connectivity and Transit Points

One of the major plus points in favour of this locality is the easy accessibility to the IT corridors of OMR and Sholinganallur. Both these areas can be reached easily from Perumbakkam via ECR Link Road. One can even head down to Sholinganallur through Medavakkam-Sholinganallur Road. And Tambaram, a major locality in Chennai, is accessible via Velachery-Tambaram Road.

The most popular mode of public transport here are the buses, both private and State-run. The Chennai MTC buses connect Perumbakkam with other localities like Tambaram, Thiruvanmiyur, Adyar, Kovalam, Kilkattalai, T. Nagar, Pallavaram, and Thirupporur. Auto-rickshaws are quite popular, too.

For long distance travel, Velachery Railway Station is in the vicinity. And Chennai International Airport is just 15km away.

Major Landmarks

●     Perumbakkam Lake

●     Advent Church

●     Pathanjali Gardens

●     Bharathi Vidyalayaa Senior Secondary School

●     Marrybrown

Factors for Growth in the Past

The most prominent growth factor for the locality has been the emergence of IT hubs in the surrounding localities of OMR and Sholinganallur. The area quickly rose to become a potential option for the young IT crowd, spurring the residential project development. Once apartments and houses were built, they were sold at cheap prices, attracting more home buyers and kick starting the growth in the commercial sector.

Residential Market Analysis

The residential market in this locality consists mostly of multi-storey apartment buildings, followed by residential plots in Perumbakkam, with the presence of only a few independent houses. The apartment types available vary from 1-3 BHK units, and are available in the price bracket of Rs 4,600-6,400 per sq. ft.

The individual houses available are generally in 3-4 BHK configuration, falling in the price bracket of Rs 6,500-7,000 per sq. ft., while residential plots are available for Rs 3,200-3500 per sq. ft.

Major Challenges

Contamination of groundwater is a major civic challenge. At present, the water is not potable; in fact, the residents don’t even use it for washing and cleaning purposes. It is likely that the water from the lake will become unusable, if the groundwater seeps into the lake and contaminates it.

Being relatively new, Perumbakkam still has a long way to go to build up an adequate urban infrastructure. For instance, the roads need to be repaired, and then maintained well.

Factors for Growth in the Future

The future of Perumbakkam is bright. With the announcement of the ELCOT-SEZ project, investors and buyers alike are hoping for significant returns on investment; and rightfully so, because once this SEZ is active, a capital appreciation of 100 per cent can be expected.

Several IT companies have also expressed their interest in setting up offices in Perumbakkam. These developments coupled with the upcoming metro line along the GST Road will further boost the realty market of this small suburban locality.