Marg Brindavan - Sriperumbudur

Marg Brindavan, the new project by MARG ProperTies Ltd., had its Bhoomi Pooja today (Feb 20, 2011) at 9 AM at the project site at Pondur near Sriperumbudur,

The price for the 2 bedroom / 3 bedroom apartments at Marg Brindavan starts at Rs.12.7 Lakhs onwards for a 608 sqft apartment and goes up to Rs.22 Lakhs for 1070 sqft apartment. There will be around 1848 apartments coming up in this mega project of which 936 apartments will come up in Phase 1.

Marg Brindavan has a School, Convenio, ATM, Multi-level Car Parking, Clinic, Restaurant, Library, Indoor Games, Swimming Pool and Fitness Centre.

Though Marg Brindavan is a bit far away from Chennai city, the project will work out well for those who work in industrial belt of Sriperumbudur/Irungattukottai and Oragadam.

Prince Residenzia near SVCE - Starts at Rs.9.57 lakhs (1BHK, 440 sqft)

Prince Residenzia adjacent to Sri Venkateswara College of Engineering, near Sriperumbudur on NH 4 (location map of Prince Residenzia), offers 1, 2, 2.5 and 3 bedrooms apartments at Rs.2175/sqft*.

This makes the starting price for the smallest apartment of size 440 sqft to be just 9.57 Lakhs*.

The available options are..

1 BHK : 440 sqft / 670 sqft
2 BHK : 860 sqft / 1000 sqft / 1050 sqft
2 BHK + Study : 1085 sqft
3 BHK : 1245 sqft / 1300 sqft / 1370 sqft / 1500 sqft

Considering the relatively affordable pricing, the proximity to industries like Dell, Hyundai Motors, Motorola, Saint Gobain and Samsung, and the fact that more than 75% work is completed, it is a surprise that this project still has unsold stock. Probably buyers expect the rates to be much more lower for this location ?!

For more details on the project, refer : Prince Residenzia - Sriperumbudur.

(*plus other applicable charges)