“Fantastic by Urban Tree” launched Residential Project on Poonamallee High Road @ Vanagaram

New Delhi, September 8, 2016: The Chennai based innovative real estate company, Urban Tree Infrastructures has launched its latest project “Fantastic by Urban Tree”, on PH Road near Vanagaram. This residential project comprises of 300 dwelling units and is spread over 4.67 acres of land in a gated community. Fantastic will have 1, 2 and 3BHK type flats between 588-1414 Sq. Ft. The flats are priced at 30 lakhs to 80 lakhs. Based on the eligibility criteria, customers will also be eligible for benefits under the“Pradhan Mantri Awas Yojana” promoting housing for all by 2020.

According to Mr. Abhishek Mehta, Director, Urban Tree, “Urban Tree has created a distinct name of itself and is today known for its penchant for high quality homes, that are consistently international in their quality, cutting edge in design and truly comfortable in every aspect. We are a company in the real estate business to regularly hold customer meets every quarter. The very fact that 30% of the current sales is generated from Existing customer referral goes to show, what the customer thinks about us.”

About the project he said “Fantastic by Urban Tree is located very strategically near Industries, Schools, Colleges, Hospitals. The fact that it is near Metro Rail station of CMBT is a clear advantage. The company will invest over 125 crores in this project and the phase 1 building will be ready by June 2018.”

He added, “Prices have remained stagnant over the past year and a half, yet builders are now launching new projects – this only proves that Chennai is an end user driven market, making it less prone to speculation, therefore, the buyers have increased. The announcement made by the Govt. of India also is a fillip and will help all Builders & Promoters. The steady economy will also contribute to the sale factor.” Explaining the way Chennai is divided, Abhishek said, “West Chennai is predominantly the industrial and educational hub. Central Chennai is the most developed part of the city with established commercial and residential markets. Outer Ring Road has emerged as the best upcoming investment market with large townships.”

Mr. Abhinay Mehta, Director, Urban Tree said, “The company is now committed to building only Green building, which provide for a Healthier lifestyle to its customers with minimal environmental impact.Fantastic by Urban Tree, is state of the art Green Building which will have top-class amenities like Aerobics hall, Badminton Court, Barbecue Area, Children Play Area, Community Hall Garden, Gymnasium, Indoor Games, Intercom, Jogging Track, Rain Water Harvesting, Sauna / Spa, Security, Senior Citizen Area, Swimming Pool, Wifi, Yoga Hall etc.”

He also added, “We have in 2016 won the prestigious “Vishwakarma Awards, for the Best Professionally Managed company, below 100 Crs Turnover” from Construction Industry Development Corporation.”

Corporate Comm India (CCI Newswire)