Pay Nothing Until Possession, After First 20% at OMR & GST Projects,Chennai


Pay nothing until possession, after first 20%

OMR & GST Projects, Chennai

  • Ø Company ties-up with ICICI Bank for the innovative arrangement 
  • SARE Homes offers 173.7 acres of premium real estate under development in Chennai  between ‘SARE Crescent ParC OMR’ & ‘MeadowVille’ (GST)
  • Both projects located on major growth corridors of Chennai
  • SARE Homes has already sold more than 1200 units in Chennai
  • Both projects offer unique product concept of ‘Expandable Villas’ where buyer can pay for two bedroom villa now, and add third bedroom at his convenience                                                                              

Chennai, 10 January, 2013:  SARE Homes in association with ICICI Bank is offering a customer-friendly scheme under which a customer needs to pay nothing until gaining possession of a home, after paying only the first 20% for the booking an apartment at its townships in OMR & GST called “SARE Crescent ParC OMR” and “MeadowVille (GST)”  in Chennai.

The idea of offering such a unique and easy payment mechanism is to facilitate the ownership of dream homes for every home owner in a hassle free manner with a solid commitment of timely delivery. This payment offer by SARE Homes is available for a limited period in exclusive association with ICICI Bank.

Commenting on the latest offer by the company, Mr. David Walker, Executive Director SARE Homes said, “As a customer-centric company, SARE Homes always scouts for opportunities to make home buying easy and hassle-free. The present scheme in association with one of the country’s most reliable banking institutions, ICICI Bank will further facilitate home buying for a large number of customers.”

SARE Crescent ParC OMR is part of a 112 acre (approximate) residential township that offers Expandable Villas starting at 38.5 lacs. The innovative concept will enable a home owner to not only own land but also have a villa constructed on it with a pre-approved layout designed to accommodate additional living space at a later date. This will enable the homeowner to eventually own a much larger home with a much lower initial investment. The project offers two different kinds of Expandable Villas, namely, ‘Type A’ and ‘Type B’ villas.

Type A Villas are well-appointed 1297 and 1395 sq. ft. 2BHK Duplex Villas, with front and garden facing location options to choose from.  There is provision to build a third bedroom with attached toilet on the 2nd floor at a later date. Type B Villas are 1936 and 2078 sq. ft. 3 BHK with Study Duplex Villas and designed to give a sense of luxury with a choice of front-facing or garden-facing location options. There is provision to build a fourth bedroom with an attached toilet on the 2nd floor.  One of the key features of this scheme is no price escalation on sold units, except due to change in areas if any.

Chennai Expandable Villa Elevation Image.jpg

The Expandable Villas project has been developed giving paramount importance to the lifestyles of prospective homeowners and to maximise the value of their investment. Every villa is Vaastu compliant, designed with the owners’ needs in mind and boasts of spaciously designed rooms that attract plenty of sunlight along with being well ventilated. Special features included in the design are – security grills, master bedroom with balcony, privacy-design for all bedrooms and a spacious kitchen with storage, which are highlights of the elegant lifestyle one can enjoy. The township enjoys uninterrupted power supply, round-the-clock security, a fully air-conditioned community hall, children’s playgrounds, high quality fixtures, maintenance, good finishes and several modern amenities. The highlight of this township is an exclusive 20,000 sq. ft. clubhouse with a swimming pool and a gymnasium.

SARE Crescent ParC OMR offers a truly global lifestyle surrounded by lush green environment.  There are already families living in phase I of the project. This prime property is strategically located in the region of OMR between the highway on East Coast Road and the IT Corridor of Old Mahabalipuram Road, just a 14 minute drive from the Asia’s largest IT park- SIPCOT. The township is in close proximity to Siruseri where schools, higher educational institutions, and local convenience shopping will be easily accessible via the proposed Chennai metro that is touching the township, linking it to the city via Thiruporur.

MeadowVille (GST) is another project offering Expandable Villas starting at 32.5 lacs, located about 3 km off the Grand Southern Trunk Road (GST) – just 40 minutes away from Chennai Central, ensconced within a serene environment, surrounded by hills and undulating meadows. Currently in its second phase of development, the project offers three different types of Expandable Villas, namely, ‘Type E’, ‘Type F’ & ‘Type G’ villas.

Type E Villas are 3 BHK with Study Villas, with a total usable area of 1936 sq feet as well as front and garden facing location options to choose between and a provision to build a second floor at a later date. Type F Villas are 3 BHK Villas with a total usable area of 2308 sq feet and a choice between front-facing or garden-facing location options as well as a provision to build a second floor including 2 bedrooms and 1 study room at a later date. Type G Villas offer 1297 and 1395 sq. ft. spaces with front and garden facing location options to choose between  in addition to a provision of building a third bedroom with attached toilet on the 2nd floor at a later date.

Part of an integrated township that offers a community lifestyle with education, hospitals, restaurants and recreation facilities, MeadowVille makes available a wide range of conveniences that have been carefully chosen to let home owners enjoy an international lifestyle. While all the Villas offered are vaastu compliant, the project offers residents a global lifestyle consisting of uninterrupted power supply, 24×7 multi-level security, fully air-conditioned community hall, children’s playground, high quality fixtures, separate puja area, low maintenance, good finish and several modern amenities. The highlight of this township is lavish   20,000 sq ft. clubhouse with a swimming pool, gymnasium, health club, jogging track, banquet hall, restaurants and outdoor and indoor games such as tennis, badminton, basketball, snooker, squash.

MeadowVille is proximate to major industrial hubs of Oragadam and Mahindra World City which house major automobile and IT/ITeS companies.  The project is easily accessible to top-wrung educational institutions and upcoming infrastructure facilities that are being developed.

SARE Homes was awarded Emerging Developer of the Year’ (South), by Realty Plus Excellence Awards 2012.

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