Emerald Haven Realty Ltd., an associate company of TVS Motor Company, will shortly announce its second residential project in a southern suburb of Chennai with an eye to tap the emerging opportunity in the GST (Grand Southern Trunk) corridor.
The company will launch its new residential project GreenAcres on 18-acre area at Kolapakkam near Tambaram, Chennai. It will have 2BHK, 3BHK houses and villas catering to different segments of people. The price will be in the range between Rs.25 lakh and Rs.1.25 crore.
“The formal launch of GreenAcres is expected by the end of this month,” said R.Chandramouli, President and CEO of the company.
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The project will also include various facilities such as club house, gym, swimming pool, theatre, among others. The company expects to complete the phase 1 of the project by 2017.