Udhayam SBI Colony

By: Udhayam Associates in Chitlapakkam

Udhayam SBI Colony is an completed premium residential property by Udhayam Associates. Placed strategically in Chitlapakkam, Chennai. The project boasts of superior lifestyle amenities plus an easily accessible location and an array of thoughtfully designed 1 BHK and 2 BHK. Udhayam SBI Colony houses state-of-the-art Apartments that are sure to give you a superior lifestyle.

Udhayam SBI Colony is Placed at Chitlapakkam, Chennai, Tamil Nadu, INDIA. one of the most sought after locations in Chennai. The area has well 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 554 sqft and maximum area of 882 sqft. Some of the most outstanding amenities available as part of this project are 24Hrs Water Supply, 24Hrs Backup Electricity, CCTV Cameras, Covered Car Parking, Lift and Play Area. Udhayam SBI Colony 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 Udhayam SBI Colony. Buyers can directly reach or enquire availability status with Udhayam Associates. In terms of percentage the number of units sold out at this residential complex is 100.

Units and interiors:.

Builder Information:.

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

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.