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Indian Real Estate News : Chennai
Unitech, Arihant launch North Town in Chennai
Source: Jul 06, 2011
The 70-acre township project will have 8 million sq ft of residential and retail space.

Unitech, a player on large-scale integrated real estate and infrastructure  projects in the country, has joined hands with Chennai-based Arihant Foundations & Housing to promote North Town in Perambur, forming part of north Chennai region, which is known more as a commercial and trading hub with very little planned or organised development.

North Town is being developed over 70 acres, which formed part of the erstwhile mill operations of historical Binny Mills, now a near non-operating company. When completed, North Town will see development of nearly 80,00,000 sq ft of residential and retail space.

In the first phase, the joint developers have launched the construction of two residential blocks - 'Chaitanya' and 'Ekanta'. These are mid-income housing projects and will offer a range of 1BHK, 2BHK and 3BHK residential apartments with sizes ranging between 630 and 1,396 sq ft.

The development will also offer all modern amenities such as a clubhouse with gymnasium, swimming pool and central landscaping among others. The phase I of the development, offering about 500 residential units, have already been sold out, the statement claimed.

"We have strengthened our footprint in south India with the launch of Chaitanya and Ekanta. These will form part of our goal to launch around 100,00,000 sq ft of projects during the current calendar year," an official spokesman of Unitech said.zz
Tag: Property in chennai, chennai apartments, flats in chennai
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