Overwhelming Demand Leads to the Launch of Greenn Town Phase II

August 31, 2013: Phase I with 164 units of Semi-Independent homes launched September 1, 2013: Phase I SOLD OUT September 2, 2013: Phase I - Extension with 130 units launched September 20, 2013: Phase I - Extension SOLD OUT

Chennai (I-Newswire) February 6, 2014 - Green Tree Homes & Ventures Pvt. Ltd., one of the leading real estate developers in the state, today announced the launch of the second phase of its premium value housing project, Greenn Town. Construction of phase I and phase I - Extension is currently on in full swing at the site.

This phase will offer 250 2-BHK apartment style homes, with a common terrace. Customers can choose sizes ranging from 548 sq. ft. to 665 sq. ft. at prices starting at INR 15 lakhs (all inclusive).

Speaking on the occasion, Mr. Pon Ravichandran, Director, Green Tree Homes & Ventures Pvt. Ltd. said, "We are happy to be launching phase II of Greenn Town within a record time of 6 months since the launch of phase I in August 2013. We have received a tremendous response for phase I and we are confident that phase II will maintain this momentum. Construction of Phase 1 has begun, and is progressing in full speed. We look forward to delivering an outstanding project to all the future residents of Greenn Town."

Greenn Town, coming up at a cost of Rs. 500-cr, comprises of semi-independent & apartment style homes spread over 44 acres at Pollivakam in Thiruvallur District. Strategically located on the State Highway 57, Greenn Town will be apt for anyone who is looking for a great value for money product that gives you a swanky house, at a low cost, in a serene yet well connected location. It is also a great investment for people who would like to live away from the maddening crowds of the city centre.

"We are fortunate to be launching the phase II of Greenn Town so close to the sale of phase I and its extension. The response from buyers has been remarkable and the indications were clear. Phase II of Greenn Town offers attractively priced homes and the convenience of a community dwelling. The project has attracted buyers from the working middle class as it is well-connected and aesthetically designed and offers a serene setting for a home cocooned amidst nature," says Mr. Dinesh Ethiraj, Director, Green Tree Homes & Ventures Pvt. Ltd.

Greenn Town is at a hassle-free commutable distance from several factories and manufacturing units like Nissan, Daimler, Hyundai, Caterpillar, Delphi TVS, Nokia and Ford to name a few.

Life at Greenn Town promises to be a blend of convenience and luxury, with several popular brands of restaurants, shopping centres, hospitals and prestigious educational institutions being within or in close proximity to the project. Residents can enjoy numerous amenities including convenience store, multipurpose hall, STP, clinic, ATM, landscaped park and storm water drainage.

Homes sold in phase I of Greenn Town will be ready for occupancy by the last quarter of 2014.

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February 6, 2014

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