May 6, 2014

RA Puram: A New Definition to Luxurious and Comfortable Living

Luxurious and Comfortable LivingRA Puram is proclaimed as the most-developed and posh residential locality in Chennai. It is considered as one of the best residential localities if one is watching out for a well-connected as well as calm and tranquil area. This locality is surrounded by some of the well-known localities of Chennai, such as, Adyar, Abhiramapuram, Mylapore, Alwarpet and Mandaveli. Builders are always delighted to launch their project here as it has a good connectivity to the IT corridor at OMR (Old Mahabalipuram Road) and this locality attracts lots of IT professionals who are employed in software companies along OMR.

Recently, Real Value Promoters have launched their new prestigious luxury project Czar’s at RA Puram and this is one of the most expensive and expansive project . Czar is a lavish project and is located on the Greenways road in RA Puram. It is spread over 10.5 ground of land and will have 18 flats. Each flat will be in size of 4,500 sq ft to 6000 sq ft and will comprise unique features that will add a new definition to luxurious living. Some of the features provided by the developer are:

  • Panic room in  each apartment
  • Seven levels of security system
  • Sea view terrace
  • 5 car parks for each  apartment
  • Home automation

Connectivity and Infrastructure

Developers prefer this locality for its well-developed social infrastructure. It has reputed schools, hospitals, malls and it is very close to commercial hubs like Mount Road, T.Nagar and Nugambakkam.

Connectivity is not a problem here as this locality is very well connected to all the major parts of city via bus and train. The nearest rail station is Greenways Road (just a km ride) from where one can board train to reach their work destination at IT corridor. Lot of MTC busses are available at frequent intervals to reach various parts of the city which makes life easier for the residents.

As a locality, RA Puram is well-equipped with facilities. Good educational institutions like Chettinad Vidyashram, Kumararanis Chettinadu Vidyalaya, Chettinad Hari Shri Vidyalayam Kendriya Vidyalaya and many more.  Leading hospitals such as, Billroth Kaliappa Hospital and St. Isabel Hospital are housed in this realty hot-spot. Apart from these, lot of banks, supermarkets, parks, restaurants and hotels have cropped up in this locality.

Real estate and price details

RA Puram is very close to IT corridor and it is the prime reason why abundance of developers and builders are flocking this locality. As this place has created a niche for itself among the elite and top level professionals, builders are coming up with more and more of luxury and premium project here. Some of the ongoing premium projects are:
  • Madhurams Malaya
  • Nears Mandalay
  • Vasari Kayak
  • Malaya Luxury

The prices in the locality have sky-rocketed and affording a home here is a herculean task for a common man. The new launches like Czar’s are targeted at NRIs and affluent people. The highest locality price is Rs. 19,980 per square feet, lowest locality price is Rs. 15,120 per square feet and the average locality price is Rs. 17,000 per square feet. The return on investment has witnessed a decrease of 3% q-o-q in the month of September 2013.