The Royal Castle - The New Age Community in Chennai

The Royal Castle is an astounding project of Amarprakash. This real estate company is the most trusted group in Chennai that is well known across the city for its on-time delivery and quality construction. The residential projects handled by Amarprakash were booming successfully in the property market. The Royal Castle Thirumudivakkam is the recent residential community that is positioned at Chrompet. This location is favoring the development of residential projects because of the huge requirement of residential communities. Being strategically located near to places of absolute peace, the residents can get peace and calmness. Many temples are placed nearby, so people can visit it constantly and feel the calmness.    

Today, the word ‘stress’ disturbs the physical and mental equilibrium of our body. Though, stress looks like a small word, it provides very worse reaction by stealing our joy and happiness and reducing our strength. Amarprakash has understood this clearly and brought peace at their home steps. By doing this, the residents of The Royal Castle Thirumudivakkam are feeling relaxed and refreshed when they are at home. Initially, many experts and other builders said providing all facilities in a community is not an easy task. But Amarprakash took the task and completed the challenge successfully by providing so. They made a thorough search to find out the best piece of land for the construction of The Royal Castle Chennai. The best piece of land they selected fulfills the customer’s needs by providing clean potable water, fresh air, peaceful environment, good infrastructure, better accessibility and many.

Not only the builder carried out research to choose the best location, but also carried out research to find the causes of stress. It is revealed that unpleasant thought, noisy surroundings, heavy work pressure etc are some of the causes for stress. The builder came with an idea of providing exercise halls and meditation and yoga center to get back their strength and lead a healthy living in The Royal Castle Thirumudivakkam. These features are for elderly people and adult. If we look for kids, there is a swimming pool where the kids can refresh their brain and many outdoor and indoor games like maze garden, cricket area, badminton, basket ball and many more. Even men and women are provided with best amenities like sauna, Jacuzzi, beauty salon, separate swimming pool, shopping mall, multi cuisine restaurant and many. Senior citizens can hang out at library, Civilian Park, temples and many more. The builder provided these facilities as promised. Also, provision of these amenities brings comfort to the residents. Recently, the builder handed over 987 homes of this project successfully on a single day. The ceremony was held in a grand manner and all the customers were called upon for TheRoyal Castle handover event. Many registrations took place after this grand event because the consumers got attracted on seeing the way the community is developed. 

Why South Chennai a Preferred Location?

Asia’s biggest IT corridor, reputed educational institutions, upcoming mono rail project, well laid roads, well-planned residential hubs, ample supply of water are some of the reasons why real estate sector in South Chennai is blooming than other places of the metro. Areas that fall into South Chennai are Velachery, Adyar, Thiruvanmiyur, OMR, Madipakkam, GST road, Chrompet and Medavakkam. Many people are willing to make their move towards this due to its benefits. One of the main reasons is the proximity to commercial and IT hubs, second is the construction of many well planned residential projects like TheRoyal Castle Thirumudivakkam, Palm Riviera etc and thirdly, the availability of water which is the most serious problem for people living in rest of Chennai.
  
According to a recent report, the surrounding area of OMR is in heavy demand because of ready-to-move homes while Velachery is sought after since it is located in close proximity to OMR. Young generation especially IT professionals prefer to make their stay in places like Chrompet, Madipakkam, Medavakkam and Thiruvanmiyur due to infrastructural growth, easy accessibility and connectivity, proposed monorail project and extension of MRTS and lots more. These developments made reputed builders like Amarprakash to choose South Chennai for their construction of projects including The Royal Castle Thirumudivakkam, Palm Riviera etc.
South remains as the most preferred residential zone with 7 out of top 10 localities of the city because of its maximum returns, the report added. Also, another report added, more than 3 lakh people are working in IT companies located in South Chennai, so each year more than 1000 people are moving their way here. This interest made prominent developers to come up with many township projects like Temple Waves, The Royal Castle Thirumudivakkam etc over past 5 years. According to the data shown in one of the property site is that around 100 residential township projects are present between the stretches of OMR to GST road.


However, all these growth increased the cost of real estate properties and made the areas in South Chennai to become costlier. As a result, upper middle class and high class people can only afford a property in this location. Since people are getting loans easily nowadays, they take up loan for owning a house here. But people can buy a home at The Royal Castle Thirumudivakkam by spending just a small sum of money.  Already accounted as a well established location, South Chennai is further witnessing growth in terms of infrastructure and also other South Chennai places like Tambaram, ECR, Kelambakkam and Pallikarnai are in development. So, compared to North and West, South of the city will gain more prospects in real estate in the coming future.        

Chrompet offers Residential Housing near Work Station

Located close to Tambaram and next to Pallavaram, Chrompet has rapidly developed as a preferred residential location, particularly for young professionals. Also, chrompet lies on Grand Southern Trunk (GST) Road, so well-connected by roadways and railways to all parts of the city. Also, the property value is lower than other established localities like OMR, Tambaram, Pallavaram etc since the project The Royal Castle Thirumudivakkam of Amarprakash is located here. The project is also one of the reasons that are driving the attention of people.

With the advent of IT revolution in and around Chrompet, the locality is riding higher on the real estate sector. This is also a reason for a huge demand for residential properties. For people who are looking for housing units in prime location within the budget, Amarprakash homes are the right choice. For instance, the properties in The Royal Castle Thirumudivakkam are available within the price budget of Rs.30 to 60 lakhs, said the real estate report. Some people have numerous doubts that is whether buying a home at an affordable cost will reap any benefits with regards to appreciation and lots more questions. But the previous customers of Amarprakash clearly provided an answer for this question where they said their properties are increasing in value at a fast pace. So, the buyers of The Royal Castle Thirumudivakkam apartment are guaranteed of high capital return.


Since localities like Velacherry, Guindy and many more are becoming saturated, spill over demand from these localities took place which in turn drive the demand and supply of housing units in these place. Also, the residents can reach Chennai International Airport within few mins of drive and can have connectivity to all parts of the city. Answering to the question of people who asked, what are the residential township projects coming up in the locality today? Well, to begin with, reputed developers like Amarprakash have already started their gated community projects which include The Royal Castle Thirumudivakkam, Palm Riviera, Temple Waves and also the builder has successfully handed over The Heritage, Saffron Heights etc in these well established locality. The above said projects would be ready for possession between the year 2014 and 2015.


When asked what are the housing options available for people in The Royal Castle Thirumudivakkam Township? It reveals that housing options like studio apartment, duplex flat, 2 BHK, 3 BHK and 4 BHK homes with varying Sq.Ft range are available. This shows how Amarprakash developers have realized the current scenario very well and have constructed homes as per the requirement of people. With increasing demand, the capital value of The Royal Castle Thirumudivakkam apartments is rising further.            

The Royal Castle Thirumudivakkam Township Emerges as a New Investment Destination

In Chennai, real estate field has emerged as a hot investment destination. This let banks to rush to offer funds for commercial and residential real estate though there is a slow growth and inventory pileup. Today, in Chennai alone, there are around more than 100 mega-township projects. In the year 2013-14, almost all 100 projects came for bank funding for about Rs.250 Crore. The bank sanctions a huge amount of loan thus topping the chart for most builder’s since construction of mega-raised projects consumes huge amount of money. By the end of August 2013, banks funding for commercial real estate has rose up to 19% that is to almost Rs. 5000 Crore. This is higher when compared to August 2012.    

Both bankers and real estate consultants, play down the concerns. Several safeguards have been implemented by Reserve Bank of India in order to give safety and security for banks against funding. In spite of this, real estate is the only sector that offers people the opportunity to earn a higher amount than other sectors like Telecom, Pharma and lots more. Generally, bankers believe that funding real estate is not as risky as it is taught to be. In general, the funding requirement for the real estate project will be around 10% of the project cost and the builder’s takes around 5 to 7 years to repay the entire amount. In addition to this, real estate developments not only plays a huge role in the infrastructural growth of the city but also helps in the growth of steel and cement manufacturing companies and also provides a huge number of employment opportunity.

Funding from banks plays a crucial role when it comes to real estate market. This is because there are many projects which have stopped their construction in between due to inadequate funds and other problems. But this will not happen in case of Amarprakash projects including The Royal castle Thirumudivakkam, Temple Waves and many more projects as all their projects are in high demand among people so it gets sold off sooner when the projects are launched. So there are no chances for Amarprakash projects to get stopped in between due to lack of fund or any other thing. The projects of Amarprakash including The Royal Castle Thirumudivakkam are not only constructed in prime area but are also cost-effective with modern facilities. Another great benefit of owning a home in Amarprakash is that the builder hand-over the keys on-time to their customers. This helps people to take on possession on-time without any delay. So, people can lead a problem-free lifestyle in Amarprakash projects of The Royal Castle Thirumudivakkam.