Expected Holding Period
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.
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
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.
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.
Chettinad health city
Velammmal New Gen school
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.
|Complete of construction||By 2022|
|Total area||42 acres|
It is anchored by professionals from various backgrounds of Real Estate, IT, Healthcare and Infrastructure. Incor is a partner in PBEL – which actually is a JV between Israeli giants Property and Building Corporation (PBC), Electra Real Estate (ERE) and Incor Infrastructure. Incor is currently developing properties in and around Hyderabad in residential, retail, corporate and healthcare. INCOR is a thought-leader in the real-estate space with award-winning projects, world-class partnerships and customer-centric offerings.
Incor has a proven track record of building high-quality townships, delivered on time, and has earned a reputation for creating a great social life for the residents of its townships. Incor Infrastructure was founded by a cartel of NRI’s returned from the US with a vision to form a premium global conglomerate with a clear focus on diverse businesses within the group. The company is set on high values of quality and integrity and is committed to bringing world class infrastructure t India.
ASSETS UNDER MANAGEMENT
Turn Over / Crores