Urban Tree Oxygen

By: Urban Tree Infrastructure Pvt Ltd in Perumbakkam

Project Highlights:

• RERA registered
• IGBC Gold Certification
• 42% open area

About Project:

Urban Tree Infrastructure Pvt Ltd has come up with their new residential project named Oxygen are targeted towards providing similar invaluable benefits to you.

Spread accros 9.03 acres of land and arranged in the lap of nature, these 636 units offer a breath of fresh air to Chennai residents.

With world-class amenities, Urban Tree Oxygen obliges all your needs regarding a superior way of life.The amenities offered in Urban Tree Oxygen are 24Hrs Backup Electricity, Amphitheater, Badminton Court, Basket Ball Court, Gated Community, Health Facilities, Indoor Games, Landscaped Garden, Play Area, Rain Water Harvesting, Security Personnel and Swimming Pool.

Metropolitan Tree Oxygen offers premium 1BHK, 2BHK, 2.5BHK and 3BHK apartments in Perumbakkam. These units accompany the double advantage of being tucked away in nature while additionally being very much associated with Chennai's different center points. 

Urban Tree Oxygen is designed in such a way that these apartments comprises of wide space with proper ventilation at every corner of the house. The interiors are beautifully crafted with designer tiled floor, granite counter slab in kitchen, modern sanitary fittings in the bathroom and huge windows for proper sunlight. The project hosts in its lap exclusively designed residential apartments, each being an epitome of elegance and simplicity.

So in case you're searching for a house in Perumbakkam, pick Urban Tree Oxygen, where each breath is a loved one.

Address:

Nookampalayam Road, Perumbakkam,

Chennai, Tamil Nadu

Advantage Of Project Location:

• Elcot SEZ - 3.8 km
• TECCI Park - 6.2 km
• TCS, Karapakkam - 7.3 km
• Global Hospital - 3.5 km
• Dr.Kamakshi Memorial Hospital - 7.5 km
• Bala Vidhya Mandir Globa - 1.5 km
• Bharathi Vidyalayaa Senior Secondary School - 2.4 km
• Asan Memorial college of Arts & Science - 4.4 km
• Mohamed Sathak College of Arts & Science - 4.9 km

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.