Start living at AVM Studios, your new address at Asta AVM

Finally, you can find your home at a prestigious location once occupied by the legendary AVM Studios in Chennai. Asta AVM is a multi-storey residential project that is being developed at AVM studios near Vadapalani on the famous Arcot Road.

A venture between M Balasubramanian of the AVM family and the leading builder Sapthrishi Buildcon LLP, the project promoters are the successful developers of over 12 lakh sq ft of commercial and residential projects in Chennai, according to a media report.

The property is accessible both from the two major landmarks of Chennai - Vadapalani and K K Nagar.

While Nataraj & Venkat associates will be the Architects of the project, the structural Design will be handled by Alex Jacob, United Consultants. Amace Projects Pvt. Ltd. has been appointed as Project Management Consultants for Asta AVM, 

Asta AVM will have well appointed residences, ranging from 2 and 3 BHK homes, spread across 6.5 acres. The Metro rail service and two major bus depots at Vadapalani and KK Nagar, provide excellent connectivity to travel in the city.

As an early bird offer, the rate has been fixed at Rs 9250/sq ft which is applicable till April 15.

As for as the price range, a 2 BHK apartment at Asta AVM would start from Rs 59 lakh, while for 3 BHK the price range goes from Rs 1.26 crore. The project will also have penthouse and duplex type of housings as well whose price starts from Rs 1.57 crore.  The project is expected to be completed in 2018, according to an e-mail ad sent by HDFC Realty, the leading bank which offers loan for this project.

The bank is sending the property information to prospective clients via e-mail with a rider at the bottom to avoid legal wrangle in case of any law suit.  This is what the bank says in the ad:

“The properties are marketed on an “as is” basis, and are without guarantees or warrantees of any kind, express or implied. The intended buyers are expected to carry out due diligence and carry out any transaction based on their own assessment of the owner, developer, seller, projects, flats, shops, or property listed in this communication. It is not an offer or invitation to offer for any loan for the property from Housing Development Finance Corporation Limited (HDF C Ltd). The loan will be provided by HDFC Ltd at its sole discretion. HDFC Ltd and HDFC Realty disclaim all warranties express or implied, statutory otherwise. This promotion is without any recourse to “HDFC Ltd and/or HDFC Realty”.   

Common Amenities at Asta AVM:

CCTV Surveillance

Fixed power backup

Optical fiber cabling for broadband

Provision for DTH connection

Large open landscaped area

Piped Gas Supply

Metro water Connection

STP Water Recycling

Lifestyle feature at Asta AVM:

Open air theatre

Children play area

Guest suites

Basketball court

Jogging track

Club house

Contact the bank for further details about the property (http://hdfcrealty.co.in/Emailer/avm_asta_click_inhouse/index.php) or visit http://www.astaproperties.com/ to get more details.