The real estate sector is buzz with affordable housing projects these days due to the government’s mission to provide affordable housing for all by 2021 under the Pradhan Mantri Awas Yojana. Big cities like Chennai, Bangalore and Mumbai all have their fair share of affordable housing projects which are economical and affordable to all. Affordable housing takes into account 3 parameters – income level, size of dwelling and affordability.

JOIN OUR NEWSLETTER
Join over 30,000 home buyers who are following our newsletter.
We hate spam & we respect privacy.

Also:

Get personalized property recommendations on India’s First Property Recommendation PlatformSearch for Ongoing Projects, Compare Property Scores and Make Your Best Investment. Stay tuned for more updates.

Some of the affordable housing projects in Chennai and its suburbs are as follows-

1. Radiance Mercury

Radiance Mercury, Arasankazhani, Chennai

Location: Gandhi Society Road, Arasankazhani, Chennai

Rate: Rs 3499/sqft

Configuration: 1, 2, 3 BHK Apartments

Price Range: Rs 17.5 Lac – 42.23 Lac

No. of dwelling units: 546 units, 7 buildings

Total Construction Area: 6.2 acres

Developer: Radiance Realty

 

2. Shantiniketan Vega

Shantinikethan Vega, Kelambakkam, Chennai

Location: Kelambakkam, Chennai

Rate: Price on Request

Configuration: 1, 2, 3 BHK Apartments

Price Range: Rs 20.5 Lac – 44 Lac

No. of dwelling units: 140 units, 1 building

Total Construction Area: Not Available

Developer: Shantiniketan

 

3. Casagrand Smart Town

Casagrand Smart Town, Thalambur, Chennai

Location: Thalambur, Chennai

Rate: Rs 2799/sqft

Configuration: 1, 2, 3 BHK Apartments

Price Range: Rs 20.52 Lac – 27.54 Lac

No. of dwelling units: 482 units, 5 buildings

Total Construction Area: Not Available

Developer:  Casagrand Builder Private Limited

 

4. Appaswamy The Bloomingdale

Appaswamy Bloomingdale, Pammal, Pallavaram, Chennai

Location: Shankar Nagar, Pammal, Pallavaram, Chennai

Rate: Rs 4500/sqft

Configuration: 2, 2.5,3 BHK Apartments

Price Range: Rs 28.58 Lac – 69.84 Lac

No. of dwelling units: 776 units, 11 buildings

Total Construction Area: Not Available

Developer:  Appaswamy Real Estates Ltd

 

Also Read: List of Affordable Housing Projects in Mumbai under 80 Lakhs

 

5. Akshaya Republic

Akshaya Republic, Moonram Kattalai, Chennai

Location: Kundrathur Main Road, Near Ramani Thirumana Mandapam, Moonram Kattalai, Chennai

Rate: Rs 4300/sqft

Configuration: 2,3 BHK Apartments

Price Range: Rs 26.45 Lac – 49.97 Lac

No. of dwelling units: 609 units, 5 buildings

Total Construction Area: 8.68 acres

Developer: Akshaya Homes

 

6. Casagrand Ferns

Casagrand Ferns, Vasuki Street, Chennai

Location: Vasantham Colony – Vasuki Street, Chennai

Rate: Rs 3450/sqft

Configuration: 2,3 BHK Apartments

Price Range: Rs 36.64 Lac – 53.44 Lac

No. of dwelling units: 288 units  

Total Construction Area: 4.31 acres

Developer: CasaGrand Builders Pvt Ltd

 

7. Newry Celio

 

Newry Celio, Avadi, Chennai

Location: Avadi, Chennai

Rate: Rs 4671/sqft

Configuration: 2,2.5,3 BHK Apartments

Price Range: Rs 36.8 Lac – 50.73 Lac

No. of dwelling units: 107 units, 2 Buildings  

Total Construction Area: Not available

Developer: Newry Properties (P) Ltd

 

8. Akshaya Tango

Akshaya Tango, OMR Road, Chennai

Location: Vembuli Amman Koil Street, Seevaram, Near Bahwan Cyber Tek Pvt Ltd, OMR Road

Rate: Rs 6500/sqft

Configuration: 2 BHK Apartments

Price Range: Rs 43.94 Lac – 45.5 Lac

No. of dwelling units: 68 units 5 Buildings  

Total Construction Area: Not available

Developer: Akshaya Homes

 

9. Color Avenue

Color Avenue, Perumbakkam High Road, Chennai

Location: Perumbakkam High Road, Chennai

Rate: Rs 3419/sqft

Configuration: 1,2,3 BHK Apartments

Price Range: Rs 19.21 Lac – 54.68 Lac

No. of dwelling units: 104 units, 14 Buildings  

Total Construction Area: Not available

Developer: Color Home Developers Pvt Ltd

 

10. Appaswamy Brooksdale

Appaswamy Brooksdale, Gandhi Road, Shankar Nagar, Near Sankara Eye Hospital, Chennai

Location: Gandhi Road, Shankar Nagar, Near Sankara Eye Hospital, Chennai

Rate: Rs 4275/sqft

Configuration: 1,2,3 BHK Apartments

Price Range: Rs 28.51 Lac – 70.41 Lac

No. of dwelling units: 121 units, 2 Buildings  

Total Construction Area: Not available

Developer: Appaswamy Real Estates Ltd

Do Read: 17 Affordable Housing Projects Under 50 Lakhs in Bangalore

Try Get Me Roof! Get property recommendations and  compare properties on the basis of Property Score, shortlist preferred ones and track till you close the best property deal. It’s time to experience a whole new way of buying and selling homes. 

Facebook Comments