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Residency
Mylapore, Chennai, Tamilnadu
POOMALAI HOUSING PRIVATE LIMITED
Description & FAQs
Project Overview
Residency is a unique blend of residential and commercial spaces located in the heart of Mylapore, Chennai. This project is designed to cater to the modern lifestyle, offering 9 units that include a mix of 1 BHK apartments and office spaces, all within a stilt floor + 5 floors building. The project is strategically positioned on Dr. Ranga Road, providing easy access to major highways and essential amenities.
The infrastructure of Residency is designed with sustainability and modern living in mind. The project features a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and eco-friendly environment. Additionally, the building is equipped with energy-efficient LED lighting and a comprehensive fire safety system, providing peace of mind to residents and businesses.
With a focus on community living, Residency offers a range of amenities that enhance the living experience. The project includes spacious balconies, modern interiors, and ample parking space, making it an ideal choice for families and professionals alike. The location is further bolstered by the presence of educational institutions, healthcare facilities, and shopping centers in the vicinity, making it a prime investment opportunity.
What is Residency?
Residency is a mixed-use development in Mylapore, Chennai, offering a combination of residential and commercial spaces.
What types of units are available?
The project includes 1 BHK apartments and office spaces, designed to meet the needs of modern living.
What infrastructure is integrated into the project?
Residency features a centralized sewage treatment plant (STP) for effective waste management and energy-efficient LED lighting.
What amenities are offered at Residency?
The project includes spacious balconies, modern interiors, and ample parking space, along with a comprehensive fire safety system.
What are the location benefits of Residency?
Residency is strategically located on Dr. Ranga Road, providing easy access to major highways and essential amenities such as educational institutions, healthcare facilities, and shopping centers.
Is Residency a good investment opportunity?
Yes, the project is located in a prime area of Chennai, making it a solid choice for both living and investing.
Project Details
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type: 1 BHK, Office Spaces
- Status: Under Construction
Project Scale
- Possession: Quarter 1 2024
- Span:
- Towers: 1
- Units: 9
- Floors: 6
- Density:
Location & Builder
- Project: Residency
- Address: Mylapore, Dr. Ranga Road, Chennai, Tamilnadu
- Sector: Dr. Ranga Road
- Locality: Mylapore
- City: Chennai, Tamilnadu
- Builder: POOMALAI HOUSING PRIVATE LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Reg. No
Videos
Neighborhood Video
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About POOMALAI HOUSING PRIVATE LIMITED
Introduction
Poomalai Housing Private Limited is a builder based primarily in Tamil Nadu, India. As a significant player in the real estate market, understanding the builder’s performance and history is crucial for potential home buyers. This blog aims to provide a detailed overview of Poomalai Housing, including relevant legal cases, common trends, and tips for buying property.
Legal Case Summary
Poomalai Housing has faced a total of three complaints, and troublingly, they have lost all three cases filed against them. Legal disputes often hint at deeper issues within management practices and quality assurance, warranting a closer look at the underlying factors.
Cases Overview
The appellants in all three cases claimed that Poomalai Housing failed to adhere to the Joint Development Agreement (JDA), which entails essential responsibilities such as registering projects with the Tamil Nadu Real Estate Regulatory Authority (TNRERA), timely payments to local authorities, and maintaining construction quality.
The builders …
Read more here »Buyer's Due-Diligence Guide
Serious about Residency? Check the Facts First.
Glossy brochures and portal listings show only the shiny surface. My deep-dive report gathers the hard-to-find data scattered across dozens of websites and filings, so you can decide with confidence.
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What My Reports Uncover:
- Builder Strength: past delivery record, financial health, open court cases.
- Legal & Title: RERA filings, land title chain, critical NOCs and clearances.
- Construction Reality: on-site progress versus promised timeline, independent quality checks.
- Total Cost Clarity: launch-to-date price trend, hidden charges, payment-plan cash flow.
- Location & Liveability: travel times, upcoming infrastructure, environmental risks.
- Exit & Rental Liquidity: resale registrations, rental yields, bank project approvals.
- Buyer Sentiment: real customer complaints, maintenance issues, defect logs.
- Red Flags: a concise list of any critical concerns I uncover.
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Click here to download a sample analysis for a different project (Manor One, Gurugram) (This demonstrates the type of analysis I provide.)
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