Akshaya launches affordable homes in Chennai.

Real estate company Akshaya has announced the launch of its first affordable housing projects — Vaan Megam and Mann Vaasanai.

The twin projects will be built on the upcoming Thiruporur-Chengalpet National Highway, near OMR Thiruporur. The projects will feature 1&2 BHK homes in the price range of Rs. 10.99 lakh – Rs. 23.71 lakh. Accommodating 130 and 312 homes respectively, Vaan Megam & Mann Vaasanai will offer single and double bedroom homes ranging from 461 sq ft to 778 sq ft super built-up area, according to a statement.

“The twin projects are strategically located in a neighbourhood which has seen 25 per cent land value appreciation in just two years. With the revised GST and also the projects being covered by the Centre’s PMAY scheme, it will be a lucrative buying option.” said T Chitty Babu, Chairman & CEO, Akshaya Pvt Ltd. Akshaya promises a host of pre-booking offers during a special 3-day window between April 26 and 28.

HBL