Akshaya announces its entry into affordable housing with projects in Chennai

Real estate developer Akshaya Private Limited 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 four-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 the private sector as well as the government, making it one of the preferred destinations for home buyers and offering good returns in the long-term. The projects are well connected to OMR and GST Road, and lie in proximity to the 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 – located adjacent to each other – will feature 1BHK and 2BHK homes in the attractive price range of Rs.10.99 lakh – Rs.23.71 lakh. Accommodating 130 and 312 homes respectively, Vaan Megam and Mann Vaasanai offer affordable homes ranging from 461sq-ft to 778sq-ft super built-up area.

With this new pre-launch, Akshaya offers 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 attractive price.

“It gives us immense pleasure to launch two projects simultaneously in the affordable housing segment. Aptly named ‘Vaan Megam’ and ‘Mann Vaasanai’, the twin projects are strategically located in a neighbourhood which has seen 25% land value appreciation in just two years. With the recently revised GST and also the projects being covered by the Government’s PMAY scheme, it will be a very lucrative buying option for end-users. And with the upcoming four-lane Thiruporur-Chengalpet national highway, we are confident that the well-designed yet affordable homes will be a wise investment proposition for all discerning home buyers. The homes will offer an immersive experience for the home buyers 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 three-day window between April 26th and 28th at YMCA, OMR Perungudi (Opp. SRP Tools). 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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