Akshaya forays into affordable housing


News Point: ’Vaan Megam’ and ‘Mann Vaasanai’ will offer homes ranging from INR 10.99 lakhs onwards.

Akshaya has announced its entry into the affordable housing segment with the pre-launch of its 158th and 159th projects, ‘Vaan Megam’ and ‘Mann Vaasanai’ located on the upcoming Thiruporur-Chengalpet 4-lane National Highway, near OMR Thiruporur, an upcoming investment destination in Chennai.

Thiruporur on OMR has fast emerged as one of the more affordable localities in Chennai. The area has witnessed rapid infrastructure development and multiple proposals from private sector as well as the government, making it one of the preferred destination for the homebuyers offering good returns on their investment in the long-term.

The projects are well connected to OMR and GST Road, and have proximity to the well-known Industrial and IT hubs, as well as hospitals, schools and colleges, Special Economic Zones (SEZs), entertainment and retail zones.

In an effort towards “Homes for All”, the twin projects – adjacent to each other – will feature 1&2BHK homes in the price range of INR 10.99 lakhs – INR 23.71 Lakhs, making it a very attractive proposition for customers. Accommodating 130 and 312 homes respectively, Vaan Megam & Mann Vaasanai offer single and double bedroom homes ranging from 461 sq. ft. to 778 sq. ft super built-up area.

With this new pre-launch, Akshaya brings the finest amenities and features such as a multi-purpose court, landscaped garden, jogging track, basketball court, water treatment plants, power back-up and the luxury of gated community living, at an extremely affordable price.

“It gives us immense pleasure to launch two projects simultaneously in the affordable housing segment. Aptly named as ‘Vaan Megam’ and ‘Mann Vaasanai’, the twin projects are strategically located in a neighborhood which has seen 25% land value appreciation in just 2 years. With the recently revised GST and also the projects being covered by the Govt.’s PMAY scheme, it will be a very lucrative buying option for end-users. And with the upcoming 4-lane Thiruporur-Chengalpet national highway, we are confident that the well-designed, yet affordable homes will definitely offer a very wise investment proposition for all discerning homebuyers. The homes will offer an immersive experience for the homebuyers at an attractive price point.”, said T. Chitty Babu, Chairman & CEO, Akshaya.

Akshaya is offering a host of pre-booking offers for ‘Vaan Megam’ and ‘Mann Vaasanai’ during a special 3-day window between 26th April and 28th April 2019 at YMCA, OMR Perungudi (Opp. SRP Tools) and is expecting the two projects to be completely sold out during this 3-day booking mela at YMCA.
The twin projects will prove to be the perfect blend of luxury living and quality construction, located just a few kilometers away from Thiruporur which is touted to be one of the fastest growing residential hubs in the city today.

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