Green Tree Homes and Ventures Pvt Ltd has launched Green 201, a residential project at Pudupakkam, on Old Mahabalipuram Road near Siruseri IT Park. The developers have targeted the young in the early stage of the career, and are offering residential units of 1,040-1,367 square feet, priced at approximately Rs 35-50 lakh.

Green 201 will offer more than 585 eco-friendly homes with a covered car park for every home. A unique feature is a garden on each of the floors of the 14-floor buildings in the project.

The five towers in the project provide a fully landscaped terrace, rooftop swimming pool, gym, table tennis court, a senior citizen lounge, meditation zone, acupuncture path, landscaped garden, ATM and pharmacy. Solar and wind power are used for common lighting. According to the press release, Green Tree Homes plans to develop more than two million square feet of residential space in the next three years. Green Tree has a land bank of around 55 acres and is considering plans for a 47-acre township project as its second project. It would also launch 40 independent villas on the city outskirts on four acres.

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