Affordable Housing by Vasavi at Poonamallee

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Chennai, Sep 10, 2015
The Chennai based Vasavi Housing & Infrastructure Limited is launching its mega projectVasaviIngai which offers budget apartments. The project is located at Poonamallee over an area of 6.5 acres. There are totally 412 units in which will be a mix of 2 BHK and 3 BHK and normal 2BHK. The size of the units will range between 552 sq.ft. to 1,487sq. ft. There is a launch offer of Rs. 3199 per sq.ft. and no pre-EMI for 2 years.

Addressing a Press Conference to announce the launch of this budget home project, Mr. P.B. Krishna Prasad, CEO & Managing Director, Vasavi Housing said, “Ingai, is located at Poonamallee, behind Motel Highway adjacent to ring road. The site is just 800 metres away from chennai – Bangaluru National highway and Poonamalee Bus terminus. The USP of this project is its location and price, with first-class amenities such as Clubhouse and Swimming Pool, among others”

“We are aware that the real estate industry is going through a severe crisis. However, we are confident of our sale because of two important factors which drive our business – Quality construction and affordable pricing.”

Mr. Krishna Prasad also said, “In the past 23 years, the firm has constructed over 55 Residential Projects and each one is a landmark. For a comparison, new apartments at Porur, which has emerged as a fast growing residential hub, have touched the Rs 5,500 per square feet to Rs. 6,000 per square feet range in certain cases. Ingai which is just 3 km from that area is at an affordable all inclusive price of Rs, 3,199 per square feet. Nearby projects on the other hand come at an all-inclusive price of Rs.4,500 per square feet.”

Amenities at VasaviIngai :

Clubhouse

Swimming pool

Multipurpose hall

Badminton Court

Gymnasium/Health club

Indoor Games/Recreation

Children’s play area

Amphitheater

Water treatment plant (Softener)

Sewage treatment plant

Power back up for Common areas & lifts

Landscaping for Common areas

Corporate Comm India (CCI Newswire)