Best Place To Buy Apartment In Chennai 2020
Assetmonk-Real-Estate-Chennai

MIXED RESIDENTIAL

FUNDING-LIVE

PBEL CITY

Chennai, India

Expected IRR

18%*

Min.Investment

25L

Expected Holding Period

NA

Expected Yield

8%

Asset Type

Residential/ Co-living

Product Type

Growth Plus

OVERVIEW
PROPERTY DETAILS
ABOUT BUILDER
PRICING
UPDATES/DOCUMENTS

OVERVIEW

PBEL City is a lively community that brings together luxury and modernity making everyday life more exciting. It has ready-to-move-in apartments built with high-quality materials such as 53 Grade Cement and Virgin Steel. PBEL City is located on the OMR, just minutes away from major IT parks. With work just a short distance away, commute time reduces significantly. From an international-standard cricket ground to a multipurpose clubhouse, PBEL City has it all. The township will soon have an on-site school. A number of excellent hospitals and entertainment centers are also within close proximity to the township.

HIGHLIGHTS

PBEL City is at close proximity to the IT corridor, which will make travel easier.

Earthquake resistant property.

Ample car parking space.

A lot of open spaces and parks along with a fully equipped sports arena.

Total Deal Size

40 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 Tamilnadu 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 Kovilambakkam
Complete of construction By 2022
Storeys 14
Power backup Available
Parking Available
Total area 42 acres