KG Foundations launches housing project near Chennai

Coimbatore-based, ISO 9001:2008 certified KG Foundations, one of the leading real-estate developers for over thirty years, has announced the launch of "KG Centre Point" housing project in Poonmallee, near Chennai. 

 

The project, spread across 7.2 acres of land with 644 units of studio, also offers two BHK and three BHK apartments ranging from 515 to 1,295 sq.ft in size, spread over an area of 5.5 lakh square feet. As a launch offer, the first 25 apartments will be priced at Rs. 2,999 per sq ft with apartments starting at Rs. 15.5 lakhs. 

The project is coming up with an investment of Rs. 100 crore. Besides Chennai, the group has its presence in Kochi with plans to expand into Trichy, Madurai and Coimbatore.

Kishor Kumar Gokaldas, Chairman & Managing Director, KG Foundations Pvt. Ltd, stated, "As Chennai is proving to be one of the fastest growing real estate markets in India, we will continue to provide quality housing solutions here. For investors in housing, the time is ripe and the sector will witness further growth in future. KG Centre Point is the perfect balance of quality and affordability, providing the perfect opportunity for home buyers to buy world class luxury apartments at very affordable prices".

This project is located in the perfect spot between the urban city and lush greenery at the confluence of the golden triangle that is Poonmallee - Sriperumbudur - Orgadam. KG Centre Point offers easy access to the industrial areas of Porur, Poonamallee and Anna Nagar. This verdant residential enclave is situated near the Chembarambakkam Lake and surrounded by premium schools, colleges, shopping, entertainment, hospitals and MNC industries. 

“KG Centre Point offers excellent connectivity to GST Road, Porur, Tambaram, OMR and Annanagar and close proximity to new Greenfield International Airport in Sriperumbudur. This is designed to offer pollution free environment with a truly luxurious life. The project offers lifestyle amenities like a 9,000 sq ft. club house, a swimming pool, jogging track, temple, basketball hoop, open air amphitheater, multi - purpose play courts, well equipped gymnasium, health club with a jacuzzi and sauna and more to enhance the community living and neighbourly spirit. It also offers 63% of open space and verdant greenery.

Haresh Kishor, Director, KG Foundations Pvt. Ltd, said, "KG Centre Point is a modern gated residential enclave and provides apt solutions for all your housing and social needs. It is designed aesthetically and ensures a life-style that is truly luxurious. Till date, KG has successfully developed over 140 projects with another 8 million sq ft of both residential and commercial properties in the pipeline. Every project of ours is a landmark in its own right and stands testimony to the long-standing strong bond of trust and confidence we enjoy with our customers".