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Shriram Properties Launches new project with 'Codename - Pudhiya Chennai'

Posted On: 2024-09-25 16:57:23 (Time Zone: IST)


Shriram Properties Ltd (SPL), a leading real estate developer in South India, has launched a new project under the 'Codename - Pudhiya Chennai', a prestigious apartment project situated in the vibrant Thirumazhisai neighbourhood of Chennai. Strategically located in the rapidly growing West Chennai corridor, this RERA-approved development offers a total saleable area of 1.1 sq. ft and has a revenue potential of around Rs 550-600 crores. This new offering from Shriram Properties presents a compelling opportunity for buyers.

"Codename Pudhiya Chennai", a thoughtfully crafted apartment project offering two and three-bedroom units, is designed to optimize space utilization and features modern, sleek aesthetics with premium finishes. The apartments are well-ventilated and vastu-compliant, promoting a balanced and harmonious living experience. The project offers a diverse range of amenities to suit all age groups and lifestyles, from stateof-the-art fitness centers and lush landscaped leisure spaces to a grand clubhouse, ensuring a comfortable and vibrant lifestyle.

Conveniently located near key transit points, including the Thirumazhisai Metro Station, the New Mofussil Bus Terminus, the Chennai-Bangalore Expressway, and the upcoming Parandur Airport, the Project "Codename Pudiya Chennai" offers excellent connectivity and accessibility.

"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. 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." - Mr. Vivek Venkateswar, Chief Sales & Marketing Officer, Shriram Properties Ltd.

Shares of Shriram Properties Limited was last trading in BSE at Rs. 130.25 as compared to the previous close of Rs. 134.80. The total number of shares traded during the day was 93373 in over 1067 trades.

The stock hit an intraday high of Rs. 134.50 and intraday low of 130.00. The net turnover during the day was Rs. 12268752.00.


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