Chennai has become a hot property destination over the years owing to its IT boom,proximity to places like Bangalore and its evolving industrialization. Real estate is heavily concentrated on the outskirts of the city where most of the IT and techno parks are situated thereby creating a steep rise in demand for property. This demand caters to people across all segments including apartments, villas, plots, penthouses etc.
Also Read: List Of Affordable Housing Projects in Chennai Under 50 Lakhs
We now compare 3 hot projects by the Alliance Group, Ozone Group and Godrej Housing – Alliance Galleria, The Metrozone and Godrej Azure.
Alliance Galleria
source: galleriaresidences.in
Location: Pallavaram, Chennai South
Rate: Rs 5642/sqft
Configuration: 1,2,3 BHK Apartments
Super Built-Up Area: 1 BHK: 626-652 sqft, 2 BHK: 618-669 sqft, 3 BHK:1344-1364 sqft
Price Range: Rs 34.87 Lac – 1.07 Crore
No. of dwelling units: 1255 units, 14 towers
source: galleriaresidences.in
Total Construction Area: 9.09 acres
RERA Status: Registered
Developer: Alliance Group
The Metrozone
source: www.ozonegroup.com
Location: Anna Nagar West
Rate: Rs 10669/sqft
Configuration: 1, 2, 3,4,5 BHK Apartments
Super Built-Up Area: 1 BHK: 421 sqft, 2 BHK: 874-1107 sqft, 3 BHK: 1097 – 1467 sqft, 4 BHK: 1900-2710 sqft, 5 BHK: 3429 sqft
Price Range: Rs 1.86 Crore – 5.78 Crore
No. of dwelling units: 2131 units, 30 towers
source: www.ozonegroup.com
Total Construction Area: 42 acres
RERA Status: Registered
Developer: Ozone Group
Godrej Azure
source: www.godrejazurechennai.in
Location: Padur, OMR
Rate: Rs 4000/sqft
Configuration: 1,2,3 BHK Apartments
Super Built-Up Area: 1 BHK: 608-612 sqft, 2 BHK: 990-1003 sqft, 3 BHK: 1365-1388 sqft
Price Range: Rs 41 Lac – 78.54 Lac
No. of dwelling units: 674 units, 12 towers
source: www.godrejazurechennai.in
Total Construction Area: 6.22 acres
RERA Status: Registered
Developer: Godrej Properties Ltd
Also Read: A Guide to Understanding RERA and its Impact on Indian Real Estate
Tabular Comparison
| Specifications | Alliance Galleria | The Metrozone | Godrej Azure |
| Total Area | 9.09 acres | 42 acres | 6.22 acres |
| Number of Units | 1245 units | 2131 units | 674 units |
| Floors/Towers | 14 floors/12 towers | 22 floors/ 30 towers | 20 floors/12 towers |
| Unit Type | 1,2,3 BHK | 1,2,3,4,5 BHK | 1,2,3 BHK |
| Location | Pallavaram | Anna Nagar | Padur |
| Amenities |
Aerobics Centre Badminton Court Basketball Court Jogging Track Lawn Tennis Court Skating Rink Spa Squash Court Swimming Pool Table Tennis Yoga/Meditation Area ATM Cafeteria Grocery Shop Library Restaurant
|
Badminton Court
Basketball Court Cricket Pitch Jogging Track Lawn Tennis Court Multipurpose Court Squash Court Swimming Pool Table Tennis Toddler Pool Yoga/Meditation Area Billiards Pergola Reading Lounge Senior Citizen Sitout Creche/Day care Food Court Library Shopping Centre |
Basketball Court
Indoor Games Swimming Pool Landscape Garden Terrace Garden Banquet Hall
|
| Possession | 2020 | 2022 | 2022 |
| Price | Rs 34.87 Lac – 1.07 Crore | Rs 1.86 Crore – 5.78 Crore | Rs 41 Lac – 78.54 Lac |
Get Me Roof’s View
All the above mentioned projects are unique in their own right. All these projects are strategically located and cater to homebuyers with varied interests. Let us look at why you should invest in these projects and what is best suited for your interests, budget, location etc.
Alliance Galleria Residences stands out impressively on 200 ft. Pallavaram-Thoraipakkam radial road, placing this symbolic postal address in the spotlight. Its strategic location in a booming locality, cements it as an address of many opportunities and offers easy access to major work & shopping destinations and is surrounded by the best of social infrastructure facilities.The USP of these apartments is that these residences have been crafted with practicality in mind by not having common walls between two apartments.The well designed plan provides much needed privacy, natural light through the day and good cross ventilation. Other highlights of this project include a 31000 sqft clubhouse and Chennai’s only villa style apartment with a bay window in the bedroom. Thus adding an interesting design feature to the room which allows plenty of natural light through the day.With the 6 lane expansion in progress and the 4 million sqft upcoming Embassy Tech Park next door, Alliance Galleria is an ideal choice for investment and a comfortable lifestyle.
The Metrozone is up on an expansive land of over 40 acres in Anna Nagar, the project is well connected by road and rail, and is emerging as a prestigious landmark in the heart of the city. Some of the highlights of the project include sustainable energy solutions, advanced water treatment plant ensuring 24 hours supply of electricity, purified drinking water, exclusive swimming pool for women, visitors’ car parks and 24/7 state-of-the-art security system. The Metrozone is a mix of innovation mixed-use development designed for world class amenities for a modern lifestyle. Homebuyers and investors who are looking for a luxurious option with some stand alone features like access control at entry levels, car washing bays, clubhouse of international standards (62,000 sqft), 5 swimming pools (including one exclusively for women and two for children), well appointed guest suites, building management system can invest in The Metrozone.
Godrej Azure is located in the prime location of Padur OMR Road Chennai and enjoys good connectivity to all points of interest located in and around Chennai. Project is located in an area which is very convenient for the IT professionals.The location of the apartment is in the heart of the Chennai city so it will be best for having maximum accessibility to all over the city. It will be convenient and accessible to many important places nearby the apartment. The Siruseri IT Park is also located near to the apartment also. A strong USP of this project is that it offers sea facing units as well. Some of the high points of the project include a sky lounge which is fabulous to walk through, organic gardens which are a wonderful retreat and the perfect place to spend time with your family, the infinity pool and spa, various clubhouse facilities give you the opportunity to enjoy different types of recreational opportunities. Other features also include such as 24 hours power supply, swimming pool, eco-friendly facilities and much more which makes living here pleasurable and enriching. If you are looking to invest in a project that is not very heavy on your pocket but at the same time has all amenities and has a trusted name associated with it, Godrej Azure is the project tailor made for you. In the future their value will rise tremendously giving you good returns.
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