New township to come up in the Northwest of Chennai | INRnews Project Feature

Orchid Springs Residential Township Padi ChennaiChennai, October 28, 2006: Bangalore-based Alliance Infrastructure is to develop a residential township in Padi in the Northwest of Chennai at an investment of Rs.500 crore. The integrated township, Orchid Springs, will provide all facilities required to deliver on a "walk to work" concept.

The township is located in Padi, 0.8 km from the inner ring road, which provides excellent connectivity with all parts of Chennai city. It is 3.5 kms from Anna Nagar and can be reached in about 5 minutes. Some of the best schools of Chennai - SBOA, DAV are just 4 kms away. The Ambattur industrial area is fast growing into a software hub and is only 5 kms from Orchid Springs. What’s more, Orchid Springs is connected to the airport by a 4-lane road all the way.

Orchid Springs will offer 1100 lifestyle apartments, a 2.5 lakh sq.ft IT park, a 1.5 lakh sq.ft retail shopping mall, 4-screen multiplex, 5-bed hospital and school along with other amenities on a 20-acre site.  There is also a club, gym, swimming pool, tennis court, badminton court, and jogging track.

Many township developers such as Alliance believe that there is large demand for an integrated work,residential,and leisure environment all in one place. Workers who have to commute long distances to their offices and their families who also need to travel a long way for shopping, schools or leisure, would prefer to have all these in close proximity to where they live.

Alliance is not only building an IT pak in its Padi township but is also considering offering a discount on homes to employees of companies located in the IT park.

Apartment sizes are between 1,000 and 1,880 square feet and an apartment could cost as much as Rs.70 lakhs. Alliance provides a two-year warranty on its homes.

Alliance Infrastructure Website: http://www.alliancein.com/

INRnews Project Feature is a section of INRnews - India's leading site for news and views on Real Estate - where we present selected real estate projects that may be of interest to our readers. Readers are advised to directly contact the developers for more information on the projects. Developers may contact us at info @ inrnews.com to have their projects featured.


By INRnews Correspondent

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