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Top 10 Best Co-working Spaces in Chennai 2026

 

Taking a decision on an office space is a daunting task for both established firms and startups alike. There are numerous verticals with plenty of choices to consider, along with unexpected variables that require checks and balances. Thankfully, businesses today don’t necessarily have to require an ‘Ai’ tool to assist them in factoring all the mercurial outcomes, as the solution already exists!

Managed workspaces more popularly known as co-working offices provide the ultimate solution for the office set-up or expansion. In contrast to popular belief, that co-working  is just shared workspaces, it offers a broad category of Secure floors or offices, access controlled, private office spaces equal to conventional offices. In addition in offers flexible work environments, app based quick support , amenities, cafeterias, food courts and all inclusive service fee to cover for all utilities and infrastructure.

Want to experience the luxury of a fully functioning office without actually having to set it up and fits within in your budget? Well, here are the top CoWorking service providers in the Chennai market in 2024.

1. WorkEZ

WorkEZ is currently one of Chennai’s largest managed office space provider, with 8 operational centres in the city. With the primary goal being to enhance work life by offering clients a holistic environment complete with innovative design and an array of value added services. Leading companies, rapidly expanding start-ups, and motivated individuals choose WorkEZ because it provides a vibrant and incentive workspace in addition to first rate infrastructure.

WorkEZ has 8 centres across the city in OMR, Guindy, Anna Salai, Perungudi, Pallavaram and Velacherry.

Office Type – Private Cabins, Customized Solutions, Meeting Rooms and Event Spaces.

Price Range – starts from INR 15,000/- per seat

https://orelpc.com/properties/work-ez-willow-square

2. Smartworks

For millions of office workers, Smartworks is reinventing the workplace and the office experience. Smartworks offers a holistic solution to it’s clients by providing cost-effective solutions enabling businesses to reach their greatest potential.

Smartworks is spread across most of the major business hubs in Chennai with 6 centres located in, Guindy, Anna Salai, OMR & Perungudi. Smartworks is also operational in most Metro & Tier-II cities including, Bengaluru, Delhi-NCR, Mumbai, Hyderabad, Pune, Ahmedabad Kolkata, Jaipur, Indore, Kochi and Coimbatore.

Office type – Private Office, Custumizable Options, Dedicated desk

Price Range – Starts from INR 9,000/- per seat

https://orelpc.com/properties/smartworks-kochar-globe

3. Indiqube

Indiqube is one of India’s fastest growing coworking operators. It is home to seasoned entrepreneurs whose ideas have been funded for greatness and are being shaped into successful businesses – it’s where you aspire to be too. The spaces, services, and amenities offered by Indiqube are designed to help put ideas into action. For those who are just starting out and require a supportive environment to grow, it is the ideal space to start.

Indiqube is spread out across 10 centres and can be seen across – Guindy, Perungudi, OMR, Anna Salai & Egmore. Indiqube is also present in top Tier cities such as Bangalore, Mumbai, Pune, Hyderabad, Noida, Coimbatore, Madurai & Kochi.

Office Type – Private Offices, Enclosed Cabins, Board Rooms, Training Rooms, Hot desks

Price Range – Starts from INR 7,000/- per seat

https://orelpc.com/properties/indiqube

4. Awfis

Awfis emerges as one of the top co-working spaces who goes above and beyond for its members by offering clients premium plug and play modules as well as catering to smaller businesses for Chennai’s thriving startup environment.

Awfis currently has 10 centers across multiple micro-markets in Chennai, primarily located in Guindy, Nungambakkam, T.nagar, Saidapet, Chetpet and OMR. Awfis is operational across India in most of the major gateway cities such as Delhi, Gurgaon, Noida, Mumbai, Bangalore , Hydrabad and Kolkutta.

Office type – Private Offices, Flexi Space, Hot Desks, Meeting Rooms.

Price range – Starts from INR 11,000/- per seat

https://orelpc.com/properties/awfis-gemini-circle

5. Innov8

Innov8 Coworking offers premium & beautifully crafted office space where people can create, connect, and grow their businesses at prime locations across pan-India. Innov8 accommodates individuals with a variety of background, including corporate workers, freelancers, entrepreneurs, digital nomads, and startup enthusiasts.

Innov8 has 5 centers across Chennai which can be seen in Guindy, Perungudi & Nungambakkam.

Office Type – Private Cabin, Fixed desk, Meeting Rooms, Multi Utility Space, Flexi Pass, Flexi Office.

Price Range – Starts from INR 11,000/- per seat

https://orelpc.com/properties/innov-8-2

6. iSprout

iSprout Business Center is a home for inspiring workspaces created to match the needs of ever-growing business enterprises. iSprout co-working is utilized by freelancers, community organizations, entrepreneurs, start-ups innovation teams & established small enterprises.

iSprout also provides an in-house team of professionals is open to mentor and support your enterprise to increase the overall business efficiency with a gamut of services.

iSprout currently has 2 centers across Chennai, located in Guindy & Perungudi.

Office Type – Private Office Space, Private Cabins, Meeting Rooms, Dedicated desk, Virtual Office.

Price Range – Starts from INR 14,000/- per seat

https://orelpc.com/properties/isprout-4

7. The Hive

The Hive is one of the more recent entries into the Chennai’s managed workspace market. The Hive is an all-encompassing work ecosystem, integrated with state-of-the-art retail, hospitality, entertainment, and F&B experiences in core office locations. Seamless access to these facilities provides our members with the ability to work-play-grow, all on campus. With its flexible, scalable, agile co-working, The Hive is revolutionizing the way individuals and businesses operate

The Hive has 3 centers in Chennai, located at OMR, Anna Nagar and Poonamallee. On a national scale, The Hive is also operational in Mumbai, Delhi, Bangalore & Hyderabad

Office Type – Managed Offices, Enterprise Solutions, Private Cabins, Dedicated Desks, Hot Desks, Meetings & Event Spaces,

Price Range – Starts from INR 8,500/- per seat

https://orelpc.com/properties/hive

8. CoWrks

Cowrks is a premium Coworking solution provider that builds workspaces for businesses of all sizes. Their purpose is to bring together the largest community of working professionals across the globe, fuel them with inspiration and connect them through technology.

Cowrks has 3 centers accross Chennai, located in OMR & Perungudi

Office Type: Private Studio, Private Suit, Lounge Membership, Custom Built, Meeting rooms, Event Venues.

Price Range:  Starts from INR 12,000/- per seat

https://orelpc.com/properties/cowrks

9. The Executive Center

The Executive Center is an internationally recognized managed workspace service provider with presence in 15+ global markets. the ideal place for any business looking for high end co-working solutions. The executive center, which meets the specific requirements of large organizations, is removed for its sophistication and personalized service.

The Executive Center has 4 centers in Chennai in Guindy & Nungambakkam.

Office Type – Virtual Offices, Coworking Spaces, Private Offices, Locations, Enterprise Solutions, Meetings and events, Meeting Rooms, Event Spaces, Business Services.

Price range – Starts from INR 11,000/- per seat

https://orelpc.com/properties/the-executive-center-3

10. Regus

Regus is another global managed workspaces service provider that has operations in Chennai. Regus helps companies determine the best way to operate. Regus has assisted companies in locating and designing the ideal workspace for their employees for more than 30+ years. Regus’s vast network of locations allow businesses of all sizes to operate wherever and whenever necessary.

Regus has 9 centers spread across Chennai, Located at Guindy, OMR, Teynampet, Vadapalani, Mylapore, Chetpet and Egmore.

Office Type – Virtual Offices, Coworking Spaces, Private Offices, Meeting Rooms.

Price Range – Starts from INR 11,000/- per seat

https://orelpc.com/properties/regus-10

For further more options, Kindly get in touch with us for comparative analysis, budget planning, arranging site visits and taking through you the entire process.

Visit here for More CoWorking Properties

Top 10 New Premium Apartments in Chennai

 

Are you in search of the Best Premium Apartments in Chennai?? Then you’re in the right spot.

Choosing the right residential society/apartment for living and investment is not an easy task for home buyers and real estate investors. Choosing the right apartment complex not only requires a lot of  time and  effort but also the right set of information to make the correct decision. Making the right choice can make investments appreciate higher than the market trajectory. Orel has helped hundred of buyers to make the right investment decision and we take pleasure to present to you the Latest Projects in Central Chennai.

1. Hansa One-Oh-One

Hansa One-Oh-One is the newest project hitting the market in 2023. Designed by one of the Chennai’s leading architects, this premium single towered 9 storied building with 35, 3BHK apartments ranging from 1606 – 1772 sq.ft is situated in the heart of Nungambakkam. Located at the center of the city, the property is less than a few minutes away from schools, colleges, parks and malls.

Hansa One-Oh-One is a right fit irrespective of you being a first time buyer, or a seasoned investor.

A state of the art lobby enabled with touch free entry control, a well-equipped gym , mechanical parking,  a landscaped terrace garden are just few of the many luxury amenities provided in this fine living experience.

2. Amara Aradhya

Project “Amara Aradhya” in Kothari Road is located on a land area of about 4.60 Grounds with a stilt plus 5 floors structure.   The main building of our “Amara Aradhya” is West Facing

Comprises of 10 apartments with 2 apartments per floor, all being 4BHK apartments. Thoughtfully designed Abodes for select few families in the city.

 Amara Aradhya is stacked with state of the art facilities such as a state of the art gymnasium, Landscaped Terrace with a barbecue pit and a party hall, 24*7 CCTV surveillance and 100% power backup. Effortlessly elevating your lifestyle with top-notch fixtures and finishes, each home is sumptuously designed to delight with unmatched comfort and eclectic ambience.

3. Aaradhya Infra 129 Defense colony

AARADHYA is a thoughtfully located luxurious Residential Project in a well-connected locality. The Defense Colony in Ekkatuthangal, offers unmatched lifestyle for a select few who have aspirations for the finer things in life.

Aaradhya comprises of a single tower with just two apartments each per floor to ensure maximum ventilation and privacy for every resident. Well laid floor plans of about 2400sqft each apartment.

The project is curated with premium specifications and branded fixtures. Aaradhya  also comes with a ton of amenities such as 100% power back up, Solar energy panels, a beautifully landscaped terrace garden and CCTV Surveillance making this a dream home for anyone who lives here.

4. Vishranthi Homes Saravana Street

Vishranthi Homes is a name that has become synonymous with high standards of quality and expert workmanship. The project located in T.nagar is an upscale residential and commercial neighborhood located in the heart of the city easily accessible and in close proximity to all the thriving localities in Chennai.

The project consist of a single tower, S+ 4 Floors with two spacious 4BHK apartments on each floor. The project also boasts of a premium leather finished lobby, covered terrace area and 100% power back up.  Making this an ideal home located in the beating heart of Chennai.

Note: This Is an Upcoming Project, RERA expected shortly.

5. Lancor Homeleigh

Lancor Homeleigh is strategically crafted by the renowned builder Lancor Holdings Limited. It is a superb Residential development in Nungambakkam, a high-class locality in Chennai having all the utilities and basic needs within easy reach.

It constitutes modern Apartments with all the high-end, contemporary interior fittings. Set within picturesque and magnificent views of the countryside, It is spread over an area of 0.17 acres with 6 units. The Lancor Homeleigh is presently ongoing.

.Lancor Homeleigh has an array of amenities on offer such as, 24Hrs Water Supply, 24Hrs Backup Electricity, CCTV Camera Surveillance, covered car parking, Security Personnel and Waste Disposal. Lancor Homeleigh also has multiple location advantages. Located with close proximity to schools, colleges, hospitals, shopping malls, grocery stores, restaurants, recreational centres etc. All this makes the project an ideal home solution for you and yours.

For more residential options, kindly get in touch with us.

https://orelpc.com/contact-us/

6. Lifestyle Podium

Podium is an exclusive residence that redefines the word ‘luxury’. Spread across 10.45 grounds with a tower rising to 11 floors and 33 premium 3 & 4BHK homes ranging from 2133 – 3681 sq.ft. Podium is beautifully and intelligently designed to perfection with zero dead space and negligible common walls and is 100% vaastu compliant.  

The project also boasts over 20+ amenities such as a swimming pool, air conditioned Gym, rooftop barbecue, landscaped party terrace, meditation zone and an indoor games room to name a few.

Set amidst the city’s business districts and happening destinations, in G.N.Chetty Road – T. Nagar, podium is well-connected to the city and suburbs.

7. Chaitanya Sivam

Chaitanya-Sivam
Chaitanya-Sivam

Chaitanya Sivam is beautifully crafted by the famous builder Chaitanya Foundations Pvt. Ltd.. It is a splendid Residential development in Nungambakkam, having all the utilities and basic needs within easy reach.

It comprises of modern Apartments with all the high-end, contemporary interior fittings. Set within pleasing and wonderful views of the countryside, this lavish property at Kothari Road, Nungambakkam, has comfortable and spacious rooms. It is spread over large area with 8 units. The Chaitanya Sivam is presently ongoing.

The Chaitanya Sivam is strategically located with close proximity to schools, colleges, hospitals, shopping malls, grocery stores, restaurants, recreational centres etc.

Chaitanya Sivam is a stellar project boasting a host of amenities such as 24 hour Water Supply & Power Backup, CCTV surveillance,, Rain Water Harvesting, Round the clock Security, Landscaped Terrace Garden and Vastu / Feng Shui compliant.

8. Legendary Platina

Legendary Platina is designed by one of the Chennai’s leading architectural firms. Located centrally in Gopalapuram. The project is in close proximity to schools, colleges, parks and theaters and seamless connectivity to the prominent areas of Chennai.

The project comprises of  10 luxury units of 4 BHK Flat Size ranging from 2691 Sq. Ft  Carefully curated   5  Storied tower which will be an abode for like-minded few

The project comes with some pleasurable amenities such as an enthralling entrance, well – equipped gym, a landscaped terrace garden, a children’s play out,100% power back up, 24*7 CCTV and security. The combination of state of the art architectural design and all the added benefits that come with Legendary Platina make this project a desirable home for any.

9. Lancor Kiruba Cirrus

Kiruba Cirrus is a Prestigious Residential project with Signature homes. It is a true delight to a connoisseur of good living. Strategically located on Arcot road and it is well connected to all major social infrastructure and conveniences. Project is spread on 1acre land, with 65 units in two towers.

 At Lancor Kiruba Cirrus, all residents have easy access to some truly desired World Class facilities such as a Gymnasium, Visitor’s Lounge, Grand Entrance Lobby, Banquet Space,100% power back up, 24* 7 security and many more. The project also allows residents to indulge in sporting activities such as Swimming Pool, Tennis court, Billiards room and a Game room.

With the upcoming metro line passing through Arcot Road, accessibility and ease of commute will get much better in the days to come. All of these benefits add up to make your home a cynosure for the most fastidious and a conversation subject that will earn you boundless admiration perhaps with a tinge of envy.

10. Olympia Jayanti Residences

Advantageously located centrally in Adyar, Olympia Jayanthi Residences spread over an area of 0.78 acres, is one of the more spacious housing societies in the Chennai South region.

Olympia Jayanthi Residences fits into your budget and your lifestyle. It offers 2.5 & 3 BHK apartments ranging from 1431 – 1970 sq.ft. These apartments are designed as a truly perfect combination of comfort and style.

Olympia Jayanthi Residences comprises of a single tower, with 9 floors each and 54 apartments in total. Each floor has 6 apartments. Well equipped with world class facilities such as Gym, Visitor’s lounge, Party area and walking spaces. This community is now ready to be called as home as families have started living in.

Well, if you are looking for more options in an affordable budget, other location etc.., here is the list of apartments, villas in and around Chennai.

View all Residential Properties in Chennai

Kindly get in touch with us for comparative analysis, budget planning, arranging site visits and Vasthu complaint on a no fee basis…

KIRUBA CIRRUS,CHENNAI, VALASARAVAKKAM

 
Kiruba Cirrus , Chennai, Valasaravakkam
Kiruba Cirrus , Chennai, Valasaravakkam

OVERVIEW

Kiruba Cirrus is a Prestigious Residential project with Signature homes. It is a true delight to a connoisseur of good living. Strategically located on Arcot road and it is well connected to all major social infrastructure and conveniences. Project is spread on 1acre land, with 65 units in two towers. At Lancor Kiruba Cirrus, all residents have easy access to some truly desired World Class facilities such as a Gymnasium, Visitor’s Lounge, Grand Entrance Lobby, Banquet Space,100% power back up, 24* 7 security and many more. The project also allows residents to indulge in sporting activities such as Swimming Pool, Tennis court, Billiards room and a Game room. With the upcoming metro line passing through Arcot Road, accessibility and ease of commute will get much better in the days to come. All of these benefits add up to make your home a cynosure for the most fastidious and a conversation subject that will earn you boundless admiration perhaps with a tinge of envy.

HIGH LIGHTS OF THE PROJECT

  • Prime Location
  • Thoughtfully Designed Floor Plans
  • Video Door Phone in every apartment
  • Two levels of Covered Car Parking
  • Cross Ventilation and Natural Light ensured in every apartment
  • Spacious Abodes with High end Specifications

FEATURES OF THE PROJECT

  • Apartment Type : 3 & 4 BHK
  • No. of Apartments : 65
  • No.of floors: 13 & 8
  • Apartment size range: 1988 to 2670sqft
  • Ready to Occupy

FLOOR PLANS

3 BHK

4 BHK

LOCATION ADVANTAGES    

Located on the arterial Arcot Road, at Valasaravakkam, Cirrus is at the heart of all the vibrant action that is Chennai it is conveniently situated within walking distance of everything you can imagine. From schools and hospitals to malls, multiplexes and restaurants. It is also well connected to all other parts of the city

OREL Properties is an Authorized Strategic Marketing Partner – We work on NIL Fee Basis and provide complete support with data analytics, site visits, negotiation, deal structuring and registration

For more options kindly get it touch with us 9176311144/ 9176299955  https://orelpc.com/contact-us/

UPCOMING COMMERCIAL OFFICE SPACE ON THE MOUNT POONAMAALLE CORRIDOR

 

With companies gradually resuming offices, there is a resurgence for office space leasing that can be felt in around Chennai. Of the many micro-markets available in the city, one in particular is becoming much more desirable and turning a lot of heads.

The Mount Poonamalle corridor is undergoing a large scale face lift and is quickly becoming one of the largest markets in Chennai. With a multitude of new ventures and large scale campuses currently being developed, paired with the announcement of a new Phase III Metro Line which conveniently happens to run straight through the same corridor making accessibility and standstill traffic thing of the past.

The Mount Poonamalle corridor is definitely an option to be considered.  Below is a list of the bigger players along that corridor that could be the perfect office destination for you.

DLF CYBER CITY

DLF Cybercity is developed by DLF Assets LTD. One of India’s Largest and most successful SEZ developments in the Southern Region of India located on Mount Poonamalle Road.

DLF Cybercity Chennai is a 46 acre integrated campus. The project has 12 operational office buildings approx 417900 sqft with a typical floor plate of 38000, along with a host of amenities including well connected internal roads, a dedicated fire station, a 2 acre sports zone, elegant landscaping and The Hub, which is a multifaceted leisure and entertainment centre that also includes leading retail stores, food zones with diverse cuisines, a fitness centre, and much more.

DLF Cybercity also has the advantage of being located close to the airport and with the new metro corridor being developed along that stretch; it now is the most accessible IT Park in Chennai.

RAHEJA COMMERZONE

Commerzone is one of the top IT parks in developed by K Raheja. Recently completed in June 2020 spanning across 6 Acres of Land with a total built up area of 11, 05,000 sqft comprising 2 Towers A & B. It is the entity’s flagship commercial offering purposefully located in the South West Chennai micro-market. Advantages are that the project is easily accessible through public transport and is close to all the major celebrated markets and amenities and is  Approx 10km from Domestic and International Airport.

Its unique amenities and infrastructure see the incorporation of recreational, collaborative and wellness aspects that facilitate dynamic work-styles. It has received awards and recognitions including ‘Most Environment Friendly Commercial Space of the Year’ by Realty Plus Conclave and Excellence Award 2020 (South) and LEED Gold certification from USGBC for the entire asset.

RMZ ONE PARAMOUNT

RMZ One Paramount is a striking skyscraper wrapped around views on all sides of the work environment It is constructed with 3 office towers with all modern amenities in 14 acres plotted area approx. 7.8 M sft. along with amenities that set the bench mark for integrated work-life environments. It’s resilient design features to alleviate catastrophes such as floods, cyclones, water shortages, etc. make the project unique.

It comprises 3 + 1 office towers and has a leasable space of 2.4 msft. Additionally features such as a social library, an art walk, intricately designed urban forest and an open air theatre make RMZ One Paramount unique to it’s competitors.  Located on the same Mount Poonamalle stretch, It is 11.5 KM away from the Chennai International Airport.

It also boasts a dedicated landscape area called “The Green Plaza” for more than half the buildings perimeter. It offers modern working spaces with  in-house speciality restaurants , café, executive health club and swimming pool.

Future development of Phase II 2.9 Msft and Phase III 2.5 M sft are what is planned with a final completion date ranging from 2023 – 2027.

 L&T INNOVATION CAMPUS

L&T Innovation Campus is a mixed use development spanning over 40 acres located on Mount Poonamalle. The project is under construction and expected to be delivered in 2023. Currently In Phase-I, the two towers can accommodate 1.05 Million sq. ft. of leasable space with the potential for a total of 6.5 million sq. ft. to be leased in the future. Designed to be futuristic, wellness centered and sustainable, with an abundance of green open spaces and a central parkland. The upcoming Metro Phase III corridor also makes this project easily accessible .

The Property is centrally located and is 11.5 KM from the Chennai Domestic & International airport, Its easy accessibility paired with the engineering and construction prowess of L&T make the campus a highly desirable space.

VISHRANTHI JAYANTH TECH PARK

It is a multi tenanted block with a total development size of 3,00,000 sq.ft. The A grade property offers spacious and skilfully designed commercial office space, with spectacular in-house parking backed by 24×7 security service. The project is well equipped with regard to the amenities offered and is  easily accessible by bus. Dining and hotel accommodation are in close proximity. With the location and eateries and transport this structure provides all the elements for comfortable and easy care working. The Project is approx. 7KM away from the Chennai Domestic & International Airport.

ASV HUSAINY TECH PARK

ASV HUSAINY TECH PARK is located in the main road of Manapakkam, with an initial development of 1 Million Sq.ft, Each floorplate is approx. 80,000 Sq.ft. The campus has an independent MLCP building with and a car parking facility that can hold more than 800 cars.

ASV HUSAINY TECH PARK is set to be the most iconic project in Manapakkam surrounding the high end residential projects, Convention centres and Hospitals.

ASV CRN BUSINESS PARK

ASV CRN BUSINESS PARK is located in the main road of Nandambakkam, opposite the Chennai Trade Centre with a total leasable development of 1,60,000 Sq.ft in Basement + Stilt + 9 floors. Each floorplate is approx..  17,700 sqft making it idle for any IT, MNCs, Corporate houses, financial institutions, CoWorking etc.
ASV CRN BUSINESS PARK will be the most iconic building in the Nandambakkam area with a joint experience of ASV and CRN the most renewed architect of INDIA.

For more Tech park and office space options kindly get it touch with us https://orelpc.com/contact-us/

Prime Residential Property at Central City, Chennai

 

Set in the heart of Chennai’s preferred and popular residential locality of Kilpauk,   this prime residential property in set in a serene and posh upmarket neighborhood. With an amazing road frontage of 82 feet and  clear dimensions, it offers excellent opportunity to design and build out a Luxury Residence or a Multi- level housing complex.

The property offers excellent connectivity though all transportation nodes and is close to the upcoming metro rail network. It is at a walkable distance from the shopping hub of Purasaiwakkam and close proximity to Retail and shopping hubs at Anna Nagar and Egmore. The Bhavans Rajaji Vidyashram, Sindhi Model School,  fine dining, Education centers, Healthcare, Entertainment Venues and other facilities are minutes away.

Property Dimensions:

  • Total Land Area: 6800 Sqft
  • Dimension: 82*80
  • Direction Facing: East
  • Built Up Area: 2000 Sqft
  • Age of Building: 50 years
  • Existing road width – 30’ wide blacktop (Tar) road

The highlighted property in this homely neighborhood is suited for construction of an Independent Bungalow or Multi Story Apartment. Since the property has close access to important commercial areas, flexibility in terms of freedom increases, as the possibility of rezoning the area and redeveloping for other uses are also possibility subject to the zoning regulations and development control rules.

Contact us for further details

Contact No: +91 9940350053

Email Id: srinivasan@orelpc.com

Aaradhya Defence Colony Ekkatuthangal

 

OVERVIEW

AARADHYA is a thoughtfully Located Luxorious Residential Project Located in a well connected Locality , Defence Colony in  Ekkatuthangal. It offers unmatched Lifestyle for Select few who have an aspiration for best things in life. Single tower with just 2 apartments in a floor to ensure maximum ventilation and privacy for every apartment. The project is curated with premium specifications and branded fixtures.

HIGHLIGHTS OF PROJECT

  • Posh & Serene Neighborhood
  • 2 spacious apartments per floor
  • Naturally lit apartments with absolute privacy for every unit
  • 100% Vasthu Compliant
  • No Wall Sharing
  • Covered Car parking
  • Premium Specification

FEATURES OF THE PROJECT

  • Apartment Types: 3 BHK
  • No. of Apartments: 6
  • No. of Floors: Stilt + 3 Floors
  • Apartment Size Range: 2377 & 2378 sq.ft
  • Ready to Move in

FLOOR PLAN

AMENITIES

• 100% power backup for lifts and other common areas

• CCTV surveillance cameras at pivotal locations

• Passenger LIFT with automatic doors will be provided

• Driveway and other areas will be laid with pavers

• Terrace Garden

• Apartment Power Back Up

• Security Room & Common Washroom

• Solar Energy Panels

CONNECTIVITY

It is a sought-after residential area surrounded by all social infrastructures like reputed schools, hospitals, retail and places of worship.

OREL Properties is an Authorized Strategic Marketing Partner – We work on NIL Fee Basis and provide complete support with data analytics, site visits, negotiation, deal structuring and registration.

For more details kindly Contact : 9176311144/ 9176299955

VISTA HEIGHTS , ECR , Thiruvanmiyur

 

OVERVIEW

A renowned builder SreeRaja Rajeshwari Developers has crafted Vista Heights. Vista Heights is Located right in Thiruvanmiyur. The Vista Heights is a thoughtfully planned one, equipped with all amenities for a comfortable living. This project has its expanse over an area of 9.05 Grounds accommodating 60 apartments.

HIGHLIGHTS OF PROJECT

  • Situated at an Iconic location
  • Very Close to Thiruvanmiyur MRTS
  • 4 spacious apartments per floor
  • Naturally lit apartments with absolute privacy for every unit
  • Vasthu Complaint
  • Property with Highest ROI in Residential Market

FEATURES OF THE PROJECT

  • Apartment Types : 2 & 3 BHK
  • No. of Apartments : 60
  • No. of Floors : Basement + Stilt + 4
  • Apartment Size Range : 1008 sq.ft – 1502 sq.ft
  • Ready To Move-In Premium Apartments
  • Vista Heights Price ranges from 1.29 Cr to 1.89 Cr

FLOOR PLANS

2 BHK

 

AMENITIES

Vista Heights brings to you the best of modern living with amenities like Power Back Up, Banquet Hall, Jogging and Strolling Track, Event Space, Indoor Games Room, Kids Play Area, Meditation Area, Multipurpose Courts.

LOCATION ADVANTAGES

Thiruvanmiyur is a largely residential neighbourhood in the south of Chennai and is Located at the starting point of East Coast Road (ECR) and along the Rajiv Gandhi IT Expressway. The subsequent rise of several information technology businesses, research centres and offices around Tidel Park, Ascendas, and Trill IT Park proved fortuitous for Thiruvanmiyur.

Thiruvanmiyur is a preferred choice among the IT professionals. It is also an attractive location for CEOs, high net-worth individuals (HNIs) and non-resident Indians (NRIs). Many Families and Youngsters have relocated here from Tier 2 & 3 cities, which has resulted in a high demand for residential apartments.

CONNECTIVITY

Strategically located, the Vista Heights Thiruvanmiyur is situated in one of the most popular place of Chennai and offers easy connectivity to public transport, Taramani, Tiruvanmiyur, Indira Nagar, IIT Madras, Fortis Malar Hospital, TNGF Cosmo Golf Club, Adyar, Taramani, Kottivakkam, Metropolitan Transport Corporation Chennai Limited, The Hindu Senior Secondary School, American International School, Vasan Eye Care Hospital, Dr. Agarwals Eye Hospital, Jayanthi Signal Bus Stop etc.

College – National institute of Fashion Technology, Anna University, IIT.

Schools – Kalashetra, American International school, Sishya , St.Michaels Academy

Hospitals – Apollo speciality, Fortis Malar Hospital,

Malls – Phoenix, Marina, Vivira, BSR Mall, Grand Square.

Hotels – Holiday, Tourist Taj Wellington Mews, Turyaa, Fortune Select Palms

Theatres & Amusement Parks – PVR Cinemas, Sathyam Cinemas, VGP Golden Beach, MGM

Place of worship: The Valmiki temple, Marundeeswarar Temple, Pamban Swamigal Temple, Shirdi Sai Baba Temple, Besant Nagar Church, Ashtalakshmi Temple

OREL Properties is an Authorised sales partner – We work on NIL Fee Basis and provide complete support with data analytics, site visit, negotiations, registration.

For more details kindly Contact us @ 9962533344.

JOINT VENTURE

 

WHAT IS JOINT VENTURE (JV) IN REAL ESTATE

A joint venture in real estate is two or more parties that combine resources for a specific development or investment. The parties in a joint venture maintain their own business identity while working together to complete a deal.

A joint venture in real estate investing is a way for Land Owners, Developers Investors, Construction Companies to put their property resources, capital , experience, and expertise together to accomplish more than they could on their own and to derive better values and profits.

Developers also undertake joint ventures between themselves jointly or participate with Investors.

A joint venture might be the solution to tackling larger real estate deals. Learn the ins and outs to see if it might be the solution for you.

Real estate investing involves a lot of individual goals, so teamwork is often overlooked when real estate investors want to scale their business.

WHY JOINT VENTURE

A Joint Venture with a reputed Builder gives the Landowners to derive maximum values and returns for their property. In addition they also have access to the expertise and experience that the Developer might have in construction, compliances, marketing, branding. In joint venture the Landowner or investor also have the flexibility to structure their deal to suit their capital and built area requirements. This has been the most successful model to develop large commercial, residential and office complexes.  

HOW ARE REAL ESTATE JOINT VENTURES STRUCTURED?

 A joint venture is similar to a partnership in many ways, but they’re not the same. Multiple people form one entity to conduct business together in a partnership. With a joint venture, each party continues to do business under their own entity. The joint venture partners are just working together on a specific deal or project.

The most common structure is a Joint Venture agreement between the Land Owner and Developer. Based on the agreement entered and the sharing of the profits and or the Developed Built space, a Power of Attorney or Resolutions are passed empowering the Developer to Obtain sanctions, represent before various authorities and the all acts needed for the development project to be made deliverable.. However the parties choose to structure it, there will be a joint venture agreement in place that specifies each party’s contributions and responsibilities as well as how profits will be distributed.

The joint venture partners might split any profits based on an agreed percentage, equity or in the most common structure of sharing of the Built Area or Units being developed. In addition for development of Large land parcels, SPV, LLC or partnerships are set up.

TYPES OF JOINT VENTURE

1.     LAND CONTRIBUTION

Land Owners with property parcels collaborate with Developers who have the expertise, knowledge, resources to develop the same. This entails that the Land owner does not part with the Property but develops in the entire Project by contributing the land to the deal to arrive at better realization and to tailor it to a need based right fit solution. In this case, the investor has the asset the developer needs and the developer has the ability to develop the land. Each party has something the other needs, so they form a joint venture.

2.     CONSTRUCTION MANAGEMENT

Investors choose this path of development wherein the opportunity and resources and with the Investor but takes in a Developer to use his expertise in Design, Liaison, and to manage the construction of the project. These models are largely used for commercial and retail development to harness the Return on Investment and offer solution to end users on Built to Suit projects.

3.     BRANDING AND MARKETABILITY OPTIONS

Developer enter into joint ventures, wherein a Developer may have the cash, credit, and expertise to get a project done, but challenges may arise with marketing and branding of the project, They may choose to put together a joint venture agreement with another reputable developer to leverage on their brand value.

ADVANTAGES OF JOINT VENTURE

Joint ventures allow multiple people, or businesses, to combine their resources to complete a deal. Each party involved may lack the experience, expertise, or capital that the other has. They’re able to get deals done by working together toward goals they wouldn’t be able to achieve otherwise. Joint ventures also have a benefit over partnerships because each party continues to operate under their own legal entity.

BENEFITS OF JOINT VENTURE

1.     Higher Value for your property

 The Developer is able to save interest cost on the Capital that is being locked up in purchasing the property on a outright basis. This value is transferred to the Landowner resulting in higher returns.

2.     Access to additional capital

 In addition to the share of the Built Area in the Development, the Land owner is provided with additional money. In most cases the decision to liquidate a property would be for a immediate capital  requirement , which can be done with returning the portion of the property.

3.     Settlement of property among heirs

On development of the property into multiple built nits the property can be shared or settled as per the requirement of the family or prospective hiers as built areas or through payment of money, to satisfy their respective need.

4.     Savings on Expenditure for Repurchase

When a property is sold and the money is to reinvested in another property there is a additional expenses relating to stamp duty, registration charges, brokerages, compliances etc

5.     Access to Professional Guidance

With the Developer having specialized teams for Liaison, Construction, Marketing, CRM etc., the Land Owner at every step receives support and guidance on the construction finishes, compliances, legal, accounting and tax issues. Brand Value also increases substantially.

6.     Tax Planning Benefits

In most cases when properties are partitioned and settled among family members , if carefully planned there is a huge scope for planning and tax saving  on Capital Gains Tax and reinvestment of gains.

HOW WE CAN HELP?

Orel Properties with a leadership team having a combined experience of 90+ years and having transacted 13 million sqft of property deals support Landowners from though to finish. With in-house expertise on legal, design, compliance and marketing we help to strategies an in-depth analysis on the Development potential and proposals

  • ANALYSING THE DEVELOPMENT POTENTIAL
  • VALUATION OF THE PROPERTY
  • DUE DILIGENCE ON DEVELOPER CAPABILITIES AND EXPERTISE
  • NEGOTIATION AND DEAL STRUCTURING
  • DESIGN ADVISORY
  • SCRUTINY OF JOINT VENTURE AGREEMENTS
  • REGISTRATION SUPPORT FOR POA AND JV AGREEMENTS
  • MONITORING OF CONSTRUCTION PROGRESS
  • COMPLIANCE AND HANDOVER CHECK LISTING

For more information and Enquires . Please get in touch with us @ 8939133344

IMPERIA BY VIRAJ CONSTRUCTIONS, MEHTA NAGAR, OFF HARRINGTON ROAD

 

OVERVIEW

Imperia is ideally located in a calm and serene locality in Mehta Nagar off Harrington Road. It is a sought-after residential area surrounded by all social infrastructures like reputed schools, hospitals, retail and places of worship. Single tower with just 3 apartments in a floor to ensure maximum ventilation and privacy for every apartment. The project is curated with premium specifications and branded fixtures.

HIGHLIGHTS OF PROJECT

  • Situated at an Iconic location
  • 3 spacious apartments per floor
  • Naturally lit apartments with absolute privacy for every unit
  • Lesser Common Area Loading
  • Corner property
  • Vasthu compliant
  • Covered Car parking
  • Grade A Specification and Premium fittings

FEATURES OF THE PROJECT

  • Apartment Types: 2 & 3 BHK
  • No. of Apartments: 15
  • No. of Floors: Stilt + 5 Floors
  • Apartment Size Range: 898 sq.ft – 1263 sq.ft

FLOOR PLAN

AMENITIES

  • Covered Car Parks
  • 24/7 Power Backup
  • Automatic  8 Passenger Capacity Lift
  • CCTV Security

CONNECTIVITY

The locality shares its Neighbourhood with some of the premium localities such as Annanagar, Nungambakkam, Koyambedu, T.Nagar. The area is well connected by Roads, Closer to the CMBT Bus Terminus, Metro stations and 40mins away from the Airport.

OREL Properties is an Authorized Strategic Marketing Partner – We work on NIL Fee Basis and provide complete support with data analytics, site visits, negotiation, deal structuring and registration.

For more details kindly Contact : 9176244433/ 9176299955

RANK IMPERIAL, MANDAVELI

 

OVERVIEW

Rank Imperial is ideally located in a calm and serene locality in Mandaveli. It is a sought-after residential area surrounded by all social infrastructures like reputed schools, hospitals, retail and places of worship. Single tower with just 4 apartments in a floor to ensure maximum ventilation and privacy for every apartment. The project is curated with premium specifications and branded fixtures.

HIGHLIGHTS OF PROJECT

  • Situated at an Iconic location
  • 4 spacious apartments per floor
  • Naturally lit apartments with absolute privacy for every unit
  • High UDS
  • Lesser Common Area Loading

FEATURES OF THE PROJECT

  • Apartment Types: 3 BHK
  • No. of Apartments: 12
  • No. of Floors: Stilt + 3 Floors
  • Apartment Size Range: 1227 sq.ft – 1551 sq.ft
  • Rank Imperial price ranges from 2.02 Cr to 2.55 Cr

APARTMENT TOUR

OREL Properties is an Authorised Sales Partner – We work on NIL Fee Basis and provide complete support with data analytics, site visit, negotiations, registration

FLOOR PLANS

UNIT A
UNIT B
UNIT C
UNIT D

AMENITIES

CONNECTIVITY

The locality shares its neighbourhood with some of the premium localities such as Mylapore, R.A.Puram, Adyar & Besant Nagar. The area is well connected by Roads, Closer to the Mandaveli Bus Terminus, Train via the Mandaveli MRTS Station, which connects Velachery and Chennai Beach, and 40mins away from the airport.

OREL Properties is an Authorised Sales Partner – We work on NIL Fee Basis and provide complete support with data analytics, site visit, negotiations, registration.

For more details kindly connect with us