Luxury Apartment Complex Launched in Chennai’s Alwarpet: 25 Units Priced at ₹1.5–2.5 Crore

0
63

A new luxury residential project has been launched in Alwarpet, one of Chennai’s most prestigious localities, offering 25 high-end apartment units priced between ₹1.5 crore and ₹2.5 crore. The project is aimed at affluent urban professionals, HNIs, and NRIs seeking upscale living in the heart of the city.

Prime Location and Premium Living

Alwarpet, known for its tree-lined streets, proximity to elite schools, fine-dining restaurants, and cultural venues, has long held its status as a prime residential destination in Chennai. The newly launched complex is strategically located with excellent access to Teynampet, Nungambakkam, and Mount Road, making it ideal for those working in central business districts.

Key Features of the Project

  • Unit Configuration: Spacious 2.5 to 3.5 BHK apartments

  • Price Range: ₹1.5 crore to ₹2.5 crore

  • Built-up Area: Varies from 1,400 to 2,200 sq.ft.

  • Amenities: Rooftop terrace, private gym, 24/7 security, covered parking, landscaped gardens

  • Design: Modern architecture with Vastu-compliant layouts

Target Buyer Segment

The project is primarily targeting:

  • Senior executives and entrepreneurs looking for a refined city residence

  • NRIs investing in real estate with strong rental and resale potential

  • Downsizers upgrading from older independent homes to gated luxury living

Market Perspective

With Chennai's luxury housing segment witnessing steady demand post-pandemic, developers are keen on launching boutique, low-density projects in established neighborhoods. Alwarpet, due to its limited land availability and brand value, has consistently seen higher per sq.ft. rates and low inventory, making such launches significant.

This new luxury project in Alwarpet is a blend of elegance, location, and exclusivity. With limited units and premium positioning, it is expected to attract serious buyers looking for long-term value and an upscale lifestyle.

Search
Categories
Read More
Jharkhand
Jharkhand’s First SM REIT Lists on BSE—Boosting Commercial Investments
Jharkhand’s real estate investment landscape is evolving as the first Small and Medium Real...
By MD. Hazu 2025-05-02 09:29:13 0 687
PROP Mates
Prop Mate Portal: Your Key to Building Long-Term Client Trust
Unlocking Success with Trust and Transparency In real estate, trust is more than just a...
By PROPMate 2025-04-28 10:47:17 0 525
PROPIINN
Propiinn: Facts & Figures That Empower Real Estate Decisions
At Propiinn, we understand that real estate decisions aren’t just about...
By PROPIINN 2025-04-28 06:50:19 0 491
Andaman and Nicobar Islands
🏢 Port Blair’s Mid-Range Flats Surge 10%
The residential real estate market in Port Blair is witnessing a significant uptick in sales of...
By MD. Hazu 2025-05-20 04:54:51 0 436
NexMates
NexMates Ensures Transparency in Business Services
In today's digital economy, trust and transparency are essential for businesses and service...
By NexMates 2025-04-30 04:49:26 0 519
PROPIINN https://agent.propiinn.com