Ready-to-Move Projects in Chennai: Prices, Floor Plans & Possession

Ready-to-Move Projects in Chennai

Chennai homes and plots that are built and ready to hand over, so you can see exactly what you are buying. The choices span the south and west of the city: flats at Pallavaram, Padur and Valasaravakkam, and a plotted layout at Siruseri. Prices start at Rs. 30 Lakhs for a plot and go to Rs. 2.40 Cr for a large flat. It helps if your lease ends soon or you have just moved to the city.

Four ready options, four parts of the city

Siruseri: land on the IT corridor

TVS Emerald Lake Shore Plots at Siruseri is the cheapest way in, at Rs. 30 Lakhs. Siruseri sits at the southern end of OMR, home to the SIPCOT IT park. Because the layout is ready, you can plan your own house on a finished plot without waiting for roads and drains.

Padur: compact flats further down OMR

Urbanrise Revolution One at Padur offers 1 to 3 BHK flats from Rs. 57 Lakhs onwards. Padur lies south along OMR, so this suits staff of the corridor's southern offices who want a ready flat at a modest price.

Pallavaram: near the airport and the railway

Casagrand Estilo at Pallavaram has 2 to 4 BHK homes at Rs. 79 Lakhs. The suburb's suburban rail station and its closeness to the airport make it practical for frequent travellers.

Valasaravakkam: larger homes in the west

DRA Infinique Apartments at Valasaravakkam offers 3 and 4 BHK homes at Rs. 2.40 Cr. This is an established residential area on the western side of the city, close to Porur, and it suits a family that wants space in a settled neighbourhood.

Making a ready purchase count

The appeal of a finished home is that nothing is left to imagination. Use that. Visit the unit at different hours, check water pressure, test the switches and look at the view from the balcony. Talk to anyone already living there about maintenance and power cuts.

For a flat, ask for the completion certificate issued for the building, and the approved plan for your unit.
For the Siruseri plot, get the approved layout and check your plot's size and road frontage against it.
Look the project up on the TNRERA portal and compare the registered details with the sale deed.
Get a recent encumbrance certificate and a full cost sheet, including stamp duty, registration and maintenance deposits.

A ready home should not attract GST once the completion certificate is issued, so ask the builder to confirm the tax position in writing.