PBEL
Location :OMR Chennai Area : 43 Acres Phase : 5 PBEL CHENNAI PBEL India, promoted jointly by Property and Building Corporation Ltd. (PBC), Electra Real Estate Ltd. and INCOR, is a Property Development company, which entered India’s real estate market with its flagship venture in Hyderabad - PBEL City. PBEL builds and owns residential projects, office spaces, commercial centers, high-tech industrial parks and cargo facilities. PBEL India is a professionally driven company that has a diverse portfolio with strong real estate fundamentals. With focus on long-term growth prospects, PBEL develops and builds premium properties, which excel in having a superior location, beautiful and modern design, lifestyle and amenities. BC is a subsidiary of the Israeli based IDB Group, the largest business conglomerate in Israel, and is one of the largest real estate companies in Israel. PBEL proposes to develop 43 Acres of land along the Old Mahabalipuram Road in Chennai. PBEL proposes to allot 10 Acres of land towards commercial developments and remaining 33 Acres of land towards Residential development in which 2 Acres of land will be dedicated for school, 0.75 Acres for amenities & club house and 0.5 Acres to house the services. The site which is located in OMR is flanked by natural scenic features namely the Muttukad lake along the North-East and salt pan area along the South-East. The entire project was planned in 5 phases, a simple road network with central axis has been adopted which provides easy movement with in the site and it also creates an illusion of enhanced linear depth to the land parcels. Each parcels of land comprises visually pleasing large landscape pockets and buildings mix of all typology self sufficient through efficient connectivity to all on site amenities. The Master planning was done keeping in mind the construction related activities and the disturbances that goes along with it, thus ensuring that while the development take place the previously developed phase will not be disturbed by the construction vehicles and allotment of storage spaces. This ensures that already occupied residential traffic do not mix or cross keeping the completed phase undisturbed despite the Township growing continuously at steady pace. The Residential area is to be developed first in phases of 5 Acres with 5 unique 14 storied structures. The buildings have been planned in such a way that they present themselves as sound barrier from the bustle of the OMR. On its ultimate development, the PBEL city Chennai will be one of the unique self sustaining integrated housing-cum-commercial township projects in the country.