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PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

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Page 1: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 7 Oct, 2015

Page 2: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

What isPROPINSIGHT?PROPINSIGHT?

Price Insight

This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.

Project Insight

This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.

Builder Insight

This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.

Locality Info

This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.

Page 3: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Project Size4 Towers

Configurations2,3,4 Bedroom Apartment

Possession StartsApr `17

Akshaya Homes TangoAkshaya Homes TangoThoraipakkam, Chennai

97.8 Lacs onwards97.8 Lacs onwardsLivability Score

6.9/ 10

Page 4: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

What isPRICE INSIGHT?PRICE INSIGHT?

Pricing Comparison

Comparison of detailed prices with various other similarprojects

Pricing Trends

Price appreciation and trends for the project as well as the locality

Price versus Time to completion

An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others

Page 5: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Price Trend Of Akshaya Homes TangoP

rice

(Rs

per

sq ft

)

Akshaya Homes Tango VS Thoraipakkam, Chennai

7,500

8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000

5,7905,866

5,928 5,910 5,943 5,948 5,9505,997

5,951 5,967 5,960 5,968 5,971 5,970 5,967 5,976 5,984 5,981

Tango Thoraipakkam

Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '155500

5750

6000

6250

6500

6750

7000

7250

7500

7750

8000

8250

2BHK+2T

1222, 1547

3BHK+3T

1611, 1912

4BHK+4T

2153, 2355

For more information, visit here

Property TypeProperty Type

Area (sq.ft.)Area (sq.ft.)

Page 6: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Price Comparison With Other Projects Similar To Akshaya Homes Tango

Akshaya Homes TangoThoraipakkam, Chennai

Rams Builders RagashreePerungudi, Chennai

Radiance Realty Lake FrontKarapakkam, Chennai

Primary Purchase Price 8,000/sq.ft. 7,487/sq.ft. 7,544/sq.ft.

Advance MaintenanceCharges (Month)

Rs. 12 (One time) N.A. Rs. 1 (One time)

Car Parking Charges N.A. N.A. N.A.

Power Backup Charges N.A. N.A. N.A.

Club House Charges Rs. 2.5 Lacs (One time) N.A. N.A.

*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here

Page 7: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Price Versus Time-To-Completion

Akshaya Homes Tango's current price is Rs. 8000/sq. ft. and it is in Under Construction stage.

In comparison to locality, Akshaya Homes Tango is overpriced by Rs. 2021.72/sq. ft.

Highest price in the locality is for Vijay Shanthi I Sky Villas at 9848/sq. ft. and it is in Under Construction stage.

Lowest price in the locality at EGB Builders Sangamam at 5500/sq. ft. and it is in Ready to Move In stage.

Bui

lder

Pri

ce (

Per

Uni

t Are

a )

Current status of projects in 5 km vicinity of Akshaya Homes Tango

Akshaya Homes Tango Bhaggyam Griha Prem Estates Opulent Radiance Realty Mandarin Vijay Shanthi I Sky Villas EGB Builders Sangamam BBCL Nakshatra

Lauching soon New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in5000

6000

7000

8000

9000

10000

11000

For more information, visit here

Page 8: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Demand Comparison With Other Projects Similar To Akshaya Homes Tango

AnalysisAnalysis

Tango has 15.41 % demand amongst all projects in Chennai.

The highest demand 84.04% in Chennai is for Mandarin.

The lowest demand 0.00% in Chennai is for Sai Castle Dem

and

Demand of projects in 5 km vicinity of Akshaya Homes Tango

15.41%

84.04%

0.55%

Tango Mandarin Griha Sai Castle0%

25%

50%

75%

100%

Dem

and

Demand in popular localities of Chennai

2.45%

13.30% 12.74%

9.87%

7.94% 7.68%

ThoraipakkamNavallur

PadurThalambur

PallikaranaiAlandur

0%

5%

10%

15%AnalysisAnalysis

Thoraipakkam has 2.45 % demand amongst all projects inChennai.

The highest demand 13.30% in Chennai is for Navallur.

The lowest demand 2.45% in Chennai is for Thoraipakkam

For more information, visit here

Page 9: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others

Basic Details Comparison

A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects

Amenities Comparison

A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects

Page 10: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Akshaya Homes Tango Comparison With Other Similar Projects

Akshaya Homes TangoThoraipakkam, Chennai

Rams Builders RagashreePerungudi, Chennai

Radiance Realty Lake FrontKarapakkam, Chennai

Livability Rating* 6.9/10 6.8/10 6.8/10

Safety Rating* N.A. N.A. N.A.

Builder Akshaya Homes Rams Builders Radiance Realty

Locality Thoraipakkam, Chennai Perungudi, Chennai Karapakkam, Chennai

Number of Towers 4 N.A. N.A.

Project Land Area 3.87 Acres N.A. 1.4 Acres

*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more

*Safety rating is provided on the basis of safety pin data

For more information, visit here

Page 11: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Akshaya Homes Tango Comparison With Other Similar Projects (Continued ...)

Akshaya Homes TangoThoraipakkam, Chennai

Rams Builders RagashreePerungudi, Chennai

Radiance Realty Lake FrontKarapakkam, Chennai

Part of Township No No No

Average Flats Per Floor 4.75 N.A. N.A.

Loading Percentage N.A. N.A. N.A.

Launch Date Apr `14 Dec `12 Apr `14

Possession Date Apr `17 Dec `15 Jun `16

Delay 4 month(s) 2 month(s) 3 month(s)

For more information, visit here

Page 12: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Common Amenities Gymnasium Children's play area

Amenities not available in anyproject

Club House Cafeteria Golf Course Maintenance Staff

Amenities Comparison Of Akshaya Homes Tango With Other Similar Projects

Akshaya Homes TangoThoraipakkam, Chennai

Rams Builders RagashreePerungudi, Chennai

Radiance Realty Lake FrontKarapakkam, Chennai

Multipurpose Room

Jogging Track

Power Backup

Landscaped Gardens

Swimming Pool

For more information, visit here

Page 13: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder

Builder Profile

A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.

Delivered Projects

Info about top projects that have been delivered by builder in thepast, their date of delivery etc.

Under-Construction Projects

Info about top under-construction projects of the builder along withtheir price appreciation trends

Page 14: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Experience 20 Years

Project Delivered 17

Ongoing Projects 8

Overview Of Developer (Akshaya Homes)

Akshaya Homes was founded in the year 1995 and has earned the prestigious ISO 9001:2008

certification. This real estate development company is based in Chennai and is headed by the

Chairman and Chief Executive Officer, T. Chitty Babu. The company is engaged in several residential,

hospitality and commercial projects alike. The company has always sought to set its own quality

benchmarks in a competitive industry with its wide range of project offerings. The company name

originates from Sanskrit and it has been the recipient of several prestigious awards and laurels over

the last 19 years. The company has successfully constructed in excess of 150 landmarks in South

India.

The company has its own team of 200 employees who all uphold its core values of principles,

passion and performance to the hilt. The company has made a name for itself in the Chennai realty

market and has served thousands of happy customers over the years. Akshaya Homes is also known

for its innovative customer offerings and initiatives like the Akshaya Home Facts which was geared

towards enhancing overall customer awareness. This initiative saw the dissemination of all important

matters relating to purchasing real estate to customers and empowered their purchase decisions

tremendously.

All Akshaya Homes completed projects bear testimony to quality prioritization at the company. The

company has always been committed towards setting new quality standards and has delivered

projects well within time. The CRISIL DA3+ rating is reflective of its quality standards along with its

ISO certification, SA 8000: 2008 and OHSAS 1800: 2007 Management Systems accreditation. The

company has also won laurels from CRISIL, Builder’s Association of India, CNBC and Bennett &

Coleman among other prestigious organizations. The company has also been recognized as the

Most Transparent Developer in India by NDTV in 2013. The company is steadily shifting into

expansion mode and there are several Akshaya new projects and Akshaya under construction

projects that are already creating quite a stir in trade and industry circles.

The company is completing several commercial and luxury residential projects in areas like Salem,

Chennai, Coimbatore and Trichy. The company is also active in the hospitality sector through its

Akshaya Hotels Resorts Pvt Ltd which operates a restaurant chain and is engaged in constructing

niche resorts in selected areas. The company has its own CSR wing that is named Akshaya Cares

and this undertakes several developmental initiatives related towards reaching out to the poor and

underprivileged sections of society. Structural stability is given high importance at the company and it

has its own quality checks in place that covers site selection, appointment of vendors, architects,

Page 15: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

consultants, procurement of materials and other processes that adhere to prevalent codes in the

industry.

Some of the top projects helmed by Akshaya Homes include 36 Carat, Adora, The Belvedere, Adair

and Halton while ongoing projects include Republic, Red Stone, Tango, January and Abov among

others. These projects are being developed at prime locations in South India and promise excellent

connectivity and other advantages to residents.

Page 16: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Top Projects Delivered By Akshaya Homes

Akshaya Homes 36 CaratAkshaya Homes 36 CaratPurasaiwakkam, Chennai

Livability Score

Project was delivered on Feb, 2013

Akshaya Homes Orbit 11Akshaya Homes Orbit 11Trichy Road, Coimbatore

Livability Score

Project was delivered on Jun, 2014 after a delay of 2 month(s).

Akshaya Homes AdairAkshaya Homes AdairPadur, Chennai

Livability Score

Project was delivered on May, 2011

Akshaya Homes AdenaAkshaya Homes AdenaPadur, Chennai

Livability Score

Project was delivered on Jul, 2010

For more information, visit here

8.3 8.1

7.2 7.2

Page 17: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Projects Under Construction By Akshaya Homes

Akshaya Homes TodayAkshaya Homes TodayKelambakkam, Chennai

Livability Score

Project is expected to be delivered on Dec, 2016

after a delay of 8 month(s).

Has seen a price appreciation of 7.9 % 7.9 % over last 2929

month(s)month(s)

Akshaya Homes RepublicAkshaya Homes RepublicPoonamallee, Chennai

Livability Score

Project is expected to be delivered on Dec, 2016

after a delay of 4 month(s).

Has seen a price appreciation of 5.9 % 5.9 % over last 2828

month(s)month(s)

For more information, visit here

7.8 7.0

Page 18: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality

Page 19: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Play Schools Near Akshaya Homes Tango, Chennai

Play SchoolsPlay Schools

11 Little Wizards 1.36Km1.36Km

22 Little Elly Preschool 4.53Km4.53Km

33 Little Millenium Kids School 3.46Km3.46Km

44 Applekids International Pre-school 4.39Km4.39Km

55 Abacus Motessori School 0.85Km0.85Km

Top 5 Play Schools (within 5 kms)Top 5 Play Schools (within 5 kms)

TT Represents the location ofAkshaya Homes Tango

For more information, visit here

Page 20: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Schools Near Akshaya Homes Tango, Chennai

SchoolsSchools

11 D.A.V. Public School 3.10Km3.10Km

22 European International School 3.84Km3.84Km

33 APL Global School 1.04Km1.04Km

44 The British International School 1.48Km1.48Km

55 Gateway International School 1.51Km1.51Km

Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)

TT Represents the location ofAkshaya Homes Tango

For more information, visit here

Page 21: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Restaurants Near Akshaya Homes Tango, Chennai

RestaurantsRestaurants

11 Hotel Om Saravana 4.44Km4.44Km

22 The Grand Sweets and Snacks 2.57Km2.57Km

33 R R Biriyani Hotel 2.38Km2.38Km

44 Palm Shore 3.96Km3.96Km

55 Cafe Coffee Day - Kottivakkam 2.41Km2.41Km

Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)

TT Represents the location ofAkshaya Homes Tango

For more information, visit here

Page 22: PropInsight - A detailed property analysis report of ... · Rams Builders Ragashree Perungudi, Chennai Radiance Realty Lake Front Karapakkam, Chennai Part of Township No No No Average

Hospitals Near Akshaya Homes Tango, Chennai

HospitalsHospitals

11 Dr. Kamakshi MemorialHospital 3.38Km3.38Km

22 Chettinad Hospital 4.64Km4.64Km

33 Chettinad Super SpecialityHospital 4.66Km4.66Km

44 Shanthi Hospital 1.55Km1.55Km

55 TTK Hospital 4.85Km4.85Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

TT Represents the location ofAkshaya Homes Tango

For more information, visit here