Shriram Properties Launches ‘Codename – Pudhiya Chennai’: A New Era in Apartment Living

On September 25, 2024, Shriram Properties Ltd (SPL), a major real estate developer in South India, announced the launch of a new project called ‘Codename – Pudhiya Chennai’. 

This apartment project is located in the lively Thirumazhisai area of Chennai, which is part of the fast-developing West Chennai corridor. RERA approves the project and has a total saleable area of 1.1 million square feet, with an expected revenue potential of around ₹550-600 crore. This new development offers a great opportunity for potential buyers.

“Codename Pudhiya Chennai” is a carefully designed apartment project that offers two and three-bedroom units. It focuses on maximising space and features modern designs with high-quality finishes. The well-ventilated apartments follow vastu principles, promoting a balanced and harmonious living environment. The project includes various amenities for all ages and lifestyles, such as advanced fitness centres, beautiful green spaces, and a grand clubhouse, ensuring a comfortable and lively lifestyle.

The project is conveniently located near important transit points like the Thirumazhisai Metro Station, the New Mofussil Bus Terminus, the Chennai-Bangalore Expressway, and the upcoming Parandur Airport, providing excellent connectivity and accessibility.

Mr Vivek Venkateswar, Chief Sales and Marketing Officer, Shriram Properties Ltd, said, “Shriram Properties has an in-depth understanding of Chennai’s dynamic landscape, having successfully delivered numerous world-class projects across the city. Our extensive presence and experience in the region enable us to create developments that align with the city’s character while meeting the evolving needs of its residents.” 

He further added, “This micro market is a perfect combination of connectivity and lifestyle, making it an attractive choice for customers. With its strategic proximity to major transport hubs and expanding infrastructure, we are confident that this project will deliver long-term value and strong appreciation, ensuring our customers a highly rewarding investment.” 

About Shriram Properties Limited

Shriram Properties is one of the top residential real estate developers in South India, mainly focusing on the mid-market and mid-premium segments. Its main markets are Bangalore, Chennai, and Kolkata, which together make up nearly 85% of its development activities. SPL plans to enter the Pune market soon. The company has a strong track record, having completed 44 projects with a saleable area of 24.4 million square feet, mainly in Bengaluru and Chennai and, more recently, in Kolkata. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.