Vijay Shanthi Builders, one of leading Chennai-based property developers, has now launched a residential project, with a mix of apartments and villas, at Thambaram, a south-western suburb of Chennai. The project, Silent Valley, will come up on nearly 27 grounds (one ground = 2,400 sq ft), off Mudichur Road, an established residential region close to Thambaram. It will offer 70 flats, comprising 1BHK, 2BHK and 3BHK units and 10 duplex villas. While the apartments are priced at Rs 3,500 per sq ft, the villas come with a price tag of Rs 4,000 per sq ft and each villa has two car parks. 

“Several residential projects are under varied stages of construction in and around that region. Hence, we wanted to identify a concept that will differentiate ours from the rest. So we decided to develop residential units with high-end specifications at affordable prices,” Suresh Jain, managing director, Vijay Shanthi Builders, told Financial Chronicle. 

The company has chosen British architecture, which requires lot of manual skills to build the residential units. “While this architecture helps in saving electricity consumption by at least 20 per cent, we will use high-end Jaguar fittings in bathrooms, besides marble floorings to make it truly high-end,” said Jain. 

The project also offers a clubhouse, a gym, party hall and a swimming pool, besides children’s play area. It will also have a mini-theatre, yoga hall and a place for indoor games. Each block will have a stilt plus two floors and a total of 19 blocks are being developed to accommodate the residential units as well as common amenities. 

“The construction has already started in April 2011, and the project will be completed in 18 months’ time,” Jain added. 

Source: June 16, 2011