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Embassy Residency Embassy Group Perumbakkam Chennai

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Embassy Residency Embassy Group Perumbakkam Chennai

Last updated: December 22 2015
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  • Embassy Residency Embassy Group Perumbakkam Chennai

    Hello All,
    I registered in this forum recently and found very interesting with valuable and useful information sharing..I've not seen a dedicated tag for Embassy Residency and hence created as a new thread.

    I'm looking to invest in OMR road for an investment/living purpose and based on my research I came to know from my friends circle that "Embassy Residency" seems to be an attractive option as it's strategically located near to Sholinganallur Junction, Global Hospital and upcoming Financial City.. Phase 1 is almost booked and the bookings open for Phase 2.

    Price quote:
    Phase 1 and 2
    2 BHK - Rs.3199 per sq.feet
    3 BHK - Rs.3499 per sq.feet

    Phase 1 is almost full with very few apartments and Phase 2 is open for booking. Completion date is June 2014. Additional charges seems to be minimal when compared to other township project.

    Anybody who has recently purchased or those who are planning to invest here can share their positive and negative feedback.

    Have attached the price quote that I got from Embassy customer service team.

    About Embassy group:
    Gone through Embassy group's projects and their background, they have completed good number of projects in Bangalore and ventured in Chennai with Embassy.

    Regards
    Realchennai
    Attached Files
  • #2

    #2

    Re : Embassy Residency Embassy Group Perumbakkam Chennai

    realchennai,

    I was also looking at this project and thought about the following concerns:

    1. The financial city has not been in news lately - has it been dropped?

    2. I do not understand at all the rationale behind different prices per sq.feet for 2BHK and 3 BHK apartments. Can someone knowledgeable throw some light on this discriminate pricing??

    Comment

    • #3

      #3

      Re : Embassy Residency Embassy Group Perumbakkam Chennai

      Originally posted by arianashok View Post
      realchennai,

      I was also looking at this project and thought about the following concerns:

      1. The financial city has not been in news lately - has it been dropped?
      No finanace for financial city.

      Money is needed for free laptops, mixies,grinders etc

      Comment

      • #4

        #4

        Re : Embassy Residency Embassy Group Perumbakkam Chennai

        Regarding Financial City project, I heard from my friends and colleagues that the project has been approved by the Tamil Nadu Government.. As you rightly mentioned, I couldn't see any latest news in Internet or in dailies... Let's hope for the best..

        Comment

        • #5

          #5

          Re : Embassy Residency Embassy Group Perumbakkam Chennai

          Please suggest whether this is good one to buy.. It have location advantage, Perumbakkam..

          Comment

          • #6

            #6

            Re : Embassy Residency Embassy Group Perumbakkam Chennai

            Originally posted by spamidighantam View Post
            Please suggest whether this is good one to buy.. It have location advantage, Perumbakkam..

            What is today's price ?

            Comment

            • #7

              #7

              Re : Embassy Residency Embassy Group Perumbakkam Chennai

              Guys you are looking at 2011 price.

              Latest is 3.9K base without PLC/Floorise.

              Check it up in 99 Acres
              Last edited January 25 2013, 08:18 AM.

              Comment

              • #8

                #8

                Re : Embassy Residency Embassy Group Perumbakkam Chennai

                K11,

                Any comments on this project ?

                Thanks in advance.

                Comment

                • #9

                  #9

                  Re : Embassy Residency Embassy Group Perumbakkam Chennai

                  Just was discussing with Sr2013 thru PM. Here is what I sent him.


                  Not sure. I need to look into details.

                  My friend works in Global, might have to check up with him. Some concerns I see right out of the bat,

                  Not on Main Rd, but price is at 3.9K
                  Small Bed rooms
                  Lack of big units 1500sqft is biggest, which puts a cap on resale.
                  Not a reputed builder
                  Not sure if the hospital is attractive, I do not prefer living next to one.
                  Also most payments are out, not sure how easy is to exit in resale market.

                  I do not think there is a lot of price difference, there are many projects at price on OMR main road itself. An extra 1000rs will put me in Lancor, Ceebros, etc.

                  Comment

                  • #10

                    #10

                    Re : Embassy Residency Embassy Group Perumbakkam Chennai

                    What happened to ASV Alexandria.

                    I have not heard on this project for a while.

                    Comment

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