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Primex Infrastructure Pvt Ltd, an integrated property developer has launched a residential project “Verterra” at Porur a residential suburb and emerging IT hub of Chennai.
The Rs 125-cr Project is spread across 4.2 acres and offers the advantage of proximity to schools, markets, hospitals and hotels.
The project will offer 324 units across nine blocks with a total built up space of about 3 lakh sq.ft catering to various market segments. The residential units of 1- to 3-BHK range from 575 sq.ft to 1,233 sq.ft with prices starting at about Rs 22 lakh.
The construction of the first block will commence from February 2011 and the project is expected to be completed within 24 months.
The promoters have 25 years of experience in infrastructure development, export, cement, steel and power. They have constructed 5 lakh sq.ft. of commercial space of factories, ware houses, office space & power plants earlier and are now entering the residential segment.
A clubhouse spanning 9,000 sq.ft‚ equipped with a swimming pool‚ gym‚ aerobics‚ party hall‚ home theatre and space for indoor games will be a part of the project which will offer a range of modern amenities.
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