Top Residential Places To Invest In Chennai
Assetmonk-Real-Estate-Chennai

MIXED RESIDENTIAL

UNDER CONSTRUCTION

PANAMA BLUE SERIES A

Chennai, India

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Expected IRR

20%*

Min.Investment

10L

Expected Holding Period

2.5Y

Expected Yield

NA

Asset Type

Mixed Residential

Product Type

Growth Plus

OVERVIEW
PROPERTY DETAILS
ABOUT BUILDER
PRICING
UPDATES/DOCUMENTS

OVERVIEW

Panama Blue towers are located in a prime location of Chennai, Kelambakkam. A mixed residential township, with a few hundreds of residents in the previously constructed towers. Located on the OMR, just minutes away from major IT parks these towers are a part of a lively community. With the excellent infrastructure in and around the property, this property is a true definition of an urban lifestyle. Modern in-house amenities like a lot of open spaces, sports arena, educational institutions, and parks are added advantages to the high yield and returns.

HIGHLIGHTS

At close proximity to the IT corridor, making the travel easier.

World-class amenities and infrastructure.

A lot of open spaces and refreshing parks.

Easy commute access to every corner of the city.

A 40,000 sq ft. Clubhouse, Swimming Pool, Multi Turf Tennis Courts, Library.

Total Deal Size

10 Crores

LOCATION DETAILS

Kelambakkam is a suburban and residential neighborhood in Chennai, India. It is located in the south-eastern portion of the city along the Old Mahabalipuram Road (OMR) and is closely located Siruseri IT Park and Sholinganallur junction in South Chennai. Due to rapid development, good water availability and excellent road infrastructure with easy accessibility to all parts of Chennai, a lot of apartments and villas have come up in Kelambakkam. The area has all the necessary amenities required for comfortable living and is well equipped with social infrastructure.

Chennai the capital state of Tamil Nadu is the biggest cultural, economic and educational center of south India. Chennai also is known as the ‘Detroit of India’ is a bustling metropolis with its supremacy in diverse sectors like IT, education, health care, automobile, etc. More than one-third of India's automobile industry being based in the city. Chennai is also known as the Health capital of India. Apart from IT/ITeS and financial services, Chennai's economy is driven by the automotive, manufacturing, telecom and semiconductor sectors. The Quality of Living Survey rated Chennai as the safest city in India. With vast employment opportunities and infrastructural development in Chennai, the city is doing immensely well in the real estate sector.

CONNECTIVITY

Kelambakkam is well connected to almost all important destinations in Chennai city like T.Nagar, CMBT, Broadway, Central Railway station, Tambaram through frequent MTC bus services. The new bus depot for Kelambakkam is under process for the MTC bus shelter. The bus terminus being constructed in Vandalur will take 20 minutes to reach through Vandalur-Kelambakkam road. This bus terminus will be the largest bus terminus in Asia and become operational from the year 2020. Metro Train project- Phase 2 is under process which connects Madhavaram with Siruseri IT park. Once Metro train is operational, it will be a game-changer for overall development in OMR road.

Axis Bank

2 Km

SIPCOT

5 Km

Panorama Park

1 Km

Chettinad health city

3 Km

Bus Stand

2 Km

Velammmal New Gen school

0 Km

HIGHLIGHTS

A fully functional sports arena that stays awake 24X7.

A 40,000 sq ft. Clubhouse, Swimming Pool, Multi Turf Tennis Courts, Library.

On-site school to be completed soon.

Located at the close proximity to Chennai international airport.

DETAILS

Locality Kelambakkam
Complete of construction By 2022
Storeys 14
Power backup Available
Parking Available
Total area 42 acres