After successfully launching multiple projects across the country and having sold more than 4500 homes in India, SARE Homes (South Asian Real Estate) is proud to launch 400 ‘Expandable Villas’ at its 112.2 acre integrated township in OMR called ‘SARE Crescent ParC’. SARE Homes has already offered possession in Phase-1 of this township, with construction in full swing in Phase 2, 3 and 4.
SARE Homes has an established foothold in Chennai, with 173.7 acres under development in two projects on major growth corridors of Chennai namely- SARE Crescent ParC on OMR & MeadowVille Kolathur in GST.
Located on the Thiruporur by-pass on OMR, between the entertainment highway on East Coast Road and the IT Corridor of Old Mahabalipuram Road, the township is in close proximity to SIPCOT at Siruseri, which houses Asia’s largest IT Park. The township is a 10-minute drive from Siruseri, close to schools, educational institutions, and local convenience shopping at the temple town of Thiruporur. The proposed Chennai rail link is touching the township, linking it to the city via Thiruporur railway station. Also, close-by is the landmark Lord Murugan temple at Thiruporur.
This 112.2 acre township is an advanced stage of construction and habitation. With four phases already launched, SARE Homes is now launching an exclusive community of ‘Expandable Villas’. This is an innovative concept being promoted by SARE. These villas have been designed to enable the homeowner to add additional living space at a later date. The layouts are pre-approved to ease this expansion. This enables the homeowner to initially buy, say a two bedroom house with a lower initial investment, and later expand into a third bedroom at his/her convenience. This enables the homeowner to eventually own a much larger home with a much lower initial investment.
Commenting on the launch, Mr. David Walker, Executive Director SARE Homes said, “We are always guided by the need of our customers and the latest launch of ‘Expandable Villas’ would cater to the demand of those who are looking for well-designed villas which offer good value. The ‘Expandable Villa’ concept is a great investment and future proof, by giving the flexibility to expand according to your family needs. Our OMR project has been an outstanding success and we are confident that the new innovative product from SARE Homes will be well-received.”
The project offers two different kinds of Expandable Villas, namely, ‘Type A’ and ‘Type B’ villas.
Type A Villas are well-appointed 2BHK Duplex Villas, with front and garden facing location options to choose from. There is provision to build a third bedroom with attached toilet on the 2nd floor at a later date. These are priced at Rs. 37.49 lac onwards.
Type B Villas are 3 BHK with Study (to check and if yes, correct in the brochure also) Duplex Villas and designed to give a sense of luxury with a choice of front-facing or garden-facing location options. There is provision to build a fourth bedroom with attached toilet on the 2nd floor. These are priced for just Rs. 52.95 lac !
According to Mr. Vineet Relia, Chief Operating Officer, SARE Homes, “While launching a project we give paramount importance to the lifestyle of our customers in that particular demography and their objective of maximizing the value for their investment. All these villas are Vaastu compliant and are designed with the owners’ needs in mind. These are being built on G+2 floors. The rooms are spaciously designed and attract plenty of sunlight along with being well ventilated. Special features included in the design are – security grills, master bedroom with balcony, spacious kitchen with storage and privacy design for all bedrooms, which are highlights of the elegant lifestyle one can enjoy.”
The residential township, SARE Crescent ParC OMR offers a global lifestyle, with modern facilities and amenities it provides such as – 24-hour power back up including for common amenities, round the clock security, landscaped parks, guided traffic, planned parking, convenience shopping, kids play area, adequate water supply and an air-conditioned community hall for family weddings / functions.
The highlight is the 20,000 sq ft. mega clubhouse which includes two swimming pools, state-of-the-art gymnasium, health club with spa, multi-purpose hall, restaurants and facilities for games such as basketball, tennis, squash and an indoor games room.
Elaborating on the project, Mr. Vikram O. Datta, Director – Marketing and Sales, SARE Homes explained, “There is a vast potential of housing demand in Chennai region. Home buyers as well as investors are very savvy and we are confident that they will respond positively to our latest offering due to its unique ‘Expandable Villa’ concept, design and the fact that it is backed by FDI funded SARE Homes.”
SARE Homes caters to the aspirations of the middle income group by offering quality, community-housing at strategically identified locations across India. The company has invested in 7 integrated projects in major cities in India namely – Gurgaon, Ghaziabad, Navi Mumbai, Chennai, Amritsar and Indore which represent approximately 39.8 million sq. ft. of developable area. SARE is in a high-growth mode and aims to double its area under development in the next three years.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.