Chennai-based property developer, Asvini Foundations having completed 25 residential projects and delivered around five lakh square feet of living space, is now foraying into affordable housing.
The company is set to launch at Nellikuppam village, between Thiruporur and Guduvancheri, thereby providing access to both the IT Corridor as well as the GST Road.The project name is Amanya, to be developed over 14 acres of land, will offer a total of around 1,000 flats. The flats a mix of 1BHK, 2BHK, 3BHK units. Phase I offering 250 flats.
The construction has already started and the flats will be handed over to residents by end of 2012.
Mr. Aarti Razee, director, Asvini Foundations said,“The single bedroom flats will be nearly 600 sq ft , while the 2BHK will be around 850 sq ft, 3BHK will be nearly 1,200 sq ft . About 10 per cent of Phase I, 250 flats to be built will be 1BHK units and another 20 per cent as 2BHKs and the rest 3BHKs, While pre-sales are happening in the price bracket of Rs 1,800-1,900 per sq ft, post launch of the project in July, the price will increase to Rs 2,000 per sq ft. Amanya truly offers affordable homes to end users in the budget range of Rs 12 lakh - Rs 20 lakh”
Amanya has a club house, walking track, gym, children’s play area and swimming pool shuttle and basketball courts, among others.
The company is set to launch at Nellikuppam village, between Thiruporur and Guduvancheri, thereby providing access to both the IT Corridor as well as the GST Road.The project name is Amanya, to be developed over 14 acres of land, will offer a total of around 1,000 flats. The flats a mix of 1BHK, 2BHK, 3BHK units. Phase I offering 250 flats.
The construction has already started and the flats will be handed over to residents by end of 2012.
Mr. Aarti Razee, director, Asvini Foundations said,“The single bedroom flats will be nearly 600 sq ft , while the 2BHK will be around 850 sq ft, 3BHK will be nearly 1,200 sq ft . About 10 per cent of Phase I, 250 flats to be built will be 1BHK units and another 20 per cent as 2BHKs and the rest 3BHKs, While pre-sales are happening in the price bracket of Rs 1,800-1,900 per sq ft, post launch of the project in July, the price will increase to Rs 2,000 per sq ft. Amanya truly offers affordable homes to end users in the budget range of Rs 12 lakh - Rs 20 lakh”
Amanya has a club house, walking track, gym, children’s play area and swimming pool shuttle and basketball courts, among others.
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