Appaswamy Builders plans 2000 flats in Valasarawakkam area

By Our Staff Reporter

Appaswamy Builders is one of the lead real estate companies that has been executing a number of residential projects in the Arcot Road area.

After the project Arcot Terrace, completed some years ago and the just completed YS Enclave that is sold out, it has a couple of new projects here.

Orchards, on Arcot Road, Vadapalani, near the MTC bus terminus, is a big project with 360 apartments in 4 tall blocks, with clubhouse facilities and all amenities provided. The project has a few more apartments for sale – 2 Bedroom and study.  At the rate of Rs. 5200 per sq ft, the cost of a 1255 sq ft flat works out to Rs. 69 lakhs.

Triumph, is another project near Radha Park Inn, on Inner Ring Road, off Vadapalani. This  too has few apartments to be sold. At Rs. 5000 per sq Ft, the cost of a 1539 Sq Ft apartment is Rs. 83 Lakhs, says the company. This complex also has all the amenities and club house inside.

The apartments in these projects are ready for occupation, according to the company.

It is also said a massive complex with 2000 apartments is being planned off Arcot Road – 0.5 km inside, in Valasarawakkam’s Sri Devi Kuppam, near Agastheeswarar Temple junction. The project will be finalized in two months, ie after March, the company says.

Though there is a drop in the volume of sales, after the economic slowdown, the company says, it has not reduced the price and hopes to sell them at the fixed prices.

For enquiries to purchase, and to keep a track of this new project, call 2434 6333. Email : arel@vsnl.net


 
 
This entry was posted on Friday, February 20th, 2009 and is filed under News, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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