Akshaya’s new luxury homes in Chennai

Tags: Real Estate

The project comprises 31 units with swimming pools, built over 6,700 sq ft. The price is expected to be around Rs 7 crore

Akshaya’s new luxury homes in Chennai
Akshaya, a leading property firm in Chennai, has recently launched a premium residential project Abov. Touted as the tallest residential tower in the state with a height of 132 metres, the project is to come up on a 1.66 acres at Kazhipatturon Old Mahabalipuram Road (OMR), which houses leading IT and BPO firms and is an emerging location for a range of housing projects.

The 38-floor Abov will have 31 apartments with swimming pools, built over 6,700 sq ft. One floor will have only one apartment. The price is expected to be around Rs 7 crore and the project is expected to be completed in three years.

The residential tower will also comprise a restaurant, an exclusive spa, a clubhouse, an ocean bar with floating sculptures. Besides providing a view of the sea, the location is close to the coast.

“With land becoming scarce and expensive, vertical development will be the viable option in urban locations. With this project, we are attempting to redefine premium luxury living. We have brought in partners from across the world, including designers, architects and vendors, for this project,” said T Chitty Babu, chairman and CEO of Akshaya.

Some of the big names involved in the project are doors from Barausse, kitchens from Aran Cucine (Italy), bathroom fittings from Villeroy & Boch, drainage technology from Viega, lighting from Flos, white goods from Siemens and Treemme Rubinetterie for bath accessories, engineered marbles and Italian toilet tiles and gymnasium equipped by Propel.

The key amenities include 100 per cent power back-up, touchpad controlled smart home, 10 years maintenance, four elevators, parking space for three cars (per home), suites for guest, piped gas supply, fire protection, private movie hall and gaming arcade, among others.

The project claims to have already received IGBC pre-certified platinum green homes rating. It is devoted to an enchanting horticultural mix with 91 per cent landscaping and 9 per cent living area. In addition to this, Crisil has awarded five-star rating for the project.

The 433-ft tall residential project has been conceived and structured to fulfil stringent norms, earthquake risk protection and multi-level of security systems, the company said. zz

balachandarg@mydigitalfc.com

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • For those who are left to survive a war-torn world, let there be peace

    The hunger games have begun, and they have started reaping our children. There is no way around it.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture