Comments
The Bengaluru-based DRA Group has launched the second phase of Pristine Pavilion, a residential project near Chengalpattu about 50 km south of Chennai.
The project adjacent to the Mahindra World City, offers 198 apartments spread across three multi-storey buildings. The apartments of 609-844 sq.ft. are priced between ₹20-50 lakh.
Ranjeeth Rathod, Managing Director — Chennai Operations, DRA Group, said the apartments are priced at ₹3,150/sq.ft. and the project also offers semi-furnished apartments with modular kitchen and other basic furnishing at ₹3,350.
The first phase of the project was launched at ₹2,995 a sq.ft. and has been fully handed over. The rental yields are around 4 per cent. The developers are offering a three-year rental cash-back guarantee to buyers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.