The opening of the SIPCOT IT Park in Siruseri has brought about exponential development in – South Chennai. The Old Mahabalipuram Road (OMR) often referred to as the IT corridor of Chennai is a thriving IT/ ITeS destination -. Chasing the commercial development, this region is the most preferred location for most real estate firms for their next residential project, even though the cost is on the higher side. Therefore ,an alternate residential destination has emerged in – Vandalur-Kelambakkam road, providing good connectivity and better affordability. This is where Provident Housing ventured with the 31 acre development, Provident Cosmos, a ~2100 homes endeavour. While nearly 1800 homes are delivered and occupied, Provident has now announced sales for its phase II, the Freedom project, where one can simply buy a ready to move in house with all the amenities ready to use as well.
Updates as of November 2017 –
Provident Freedom in Chennai is a project by Puravankara Developers, one of the leading developers in south India. This project is now completed and ready to move in . The apartment sizes and prices offered include :
|Apartment Configuration||Area (in sq. ft.)||Price (in Rs. Lakhs)|
|3 BHK||983 – 1062||35.9 – 36.9|
Despite OMR being the most attractive location for residence, IT professionals are more inclined towards residing at Vandalur-Kelambakkam road which connects the OMR to the GST Road and is high on affordability. Strategically located close to Kelambakkam, Freedom by Provident Housing ensures that the workplace is not more than half an hour away from the house, whether one works in the IT sector or the industrial units.
The project is in close proximity to reputed educational institutions like SRM University (25 minutes), Hindustan University (15 minutes) and SSN University (20 minutes). Schools in the vicinity include PSBB Millenium, BVM Global and Velammal Global. Chettinad Health City at the OMR-Kelambakkam junction takes care of any health needs a family might have.
Freedom by Provident:
The project has 7 blocks, encompassing 23 towers totally and nearly 340 apartments. These towers are divided into Classic, Premium and Super Premium residences. The ground floors of the blocks have different areas than the next three floors, being a little smaller. The sizes for the classic blocks are 848, 983 and 1062 square feet in variations of 2 bedrooms and 2 toilets and 3 bedrooms and 2 toilets.
Ready to Move-In:
In this project, the selling point is that all the amenities, play areas, landscaping, and ancillary spaces are ready touse. There is no waiting involved for the project to stand on its feet. The amenities provided by the builder include a clubhouse with a party hall, an open air theatre, badminton courts, a basketball post, multiple playing areas for kids and an old folks’ area. Starting at Rs. 36.9 lacs these apartments fall into budgets of several working professionals. Especially at a time when people are keen to own a ready to move in home, these offer a great advantage.
A lot of thought has been put into the design of the houses in Freedom. The sizes are categorised into ‘comfort’ and ‘grand’ categories. The 2 bhk ‘comfort’ module comes with 2 bathrooms-one attached and one common, as well as a utility room for the kitchen in an area of 848 square feet. The 3 bhk variants are of 983 and 1062 square feet, each with 2 bathrooms and a utility room for the kitchen. The blocks are also planned with open to sky pockets that provide ample natural lighting and ventilation to the entire space.
Out of the 2174 apartments on offer, an impressive ~1800 families have already moved into the complex. The fact that the amenities are ready to use, as well as its location on the Vandalur-Kelambakkam stretch of road makes this complex a very good investment.