Malles Altius : the new luxury landmark in Perumbakkam

In the beginning of a new year, it is interesting to track the growth of the residential realty market in the previous years and check for upcoming developments in the year ahead. The metropolis of Chennai is developing at a rapid pace with most suburbs getting stylish make-overs. Popular suburbs like Perumbakkam, Medavakkam and Sholinganallur have been witnessing rapid developments in recent times, mainly with the inflow of residential projects from some of the best builders in Chennai. During the past few months, these localities have been chosen by many real estate properties in Chennai. Among these areas, Perumbakkam is a favorite spot and enjoys proximity to prominent areas like the OMR, Velachery and Sembakkam. The Perumbakkam Road also connects Velachery-Tambaram Road and OMR is just 6 kilometers away. It starts from Medavakkam and terminates at Sholinganallur. Perumbakkam is about 1km east from Medavakkam Main. The locality is well-connected to Tambaram through the Velachery-Tambaram Road and to Sholinganallur through the Medavakkam-Sholinganallur road. Since 1980, the name Malles is identical with truly amazing flats in Chennai. The Tamil Nadu Financial City, an initiative by the Tamil Nadu Government also played a vital role in raising the land value and the price of residential flats in Perumbakkam. All finance-based companies are expected to mark their presence here and this promises a boost to the infrastructure developments across the Perumbakkam district. A Tamil Classical Institute is also expected to be launched in the locality. The excellent connectivity of Perumbakkam to all parts of the city & these new developments are the main reason for the sudden influx of builders and developers.  

“The capital value of flats for sale in Perumbakkam has amplified in the recent times. Malles Altius is a project which we initiated in September 2012 considering the rapid developments in Perumbakkam. The Tamil Nadu government recently announced a township for the IT employees in Perumbakkam and Sholinganallur. The area is a developing locality with specialized needs for every kind of family. Perumbakkam has good schools, colleges and some good hospitals are also available in the vicinity. Multi-storey flats for sale are more in demand in Perumbakkam compared to independent homes and plots. Rental demand is set to increase because of neighboring IT work-force migrating to the locality for jobs.” says Mr. Harish, one of the directors of Malles Constructions. 

Malles Altius has a cluster of 78 stunning 2BHK & 3 BHK flats spread across 11 grounds ranging between 1001 sq. ft. and 1458 sq. ft. With world-class amenities like an air-conditioned gymnasium, an open air meditation center, a terrace swimming pool, a barbeque, a gazebo and excellent facilities designed to meet the basic needs of everyone in the family, Malles Altius is a landmark for those who seek to achieve the pinnacle of luxury living. Malles Altius is situated in the affordable, accessible, and well-connected locality of Perumbakkam and is expected to be complete by October 2014.