NuTech Real Estate has announced the launch of NuTech Central Park, a residential development in the Iyyappanthangal area near Porur, Chennai. The project spans 10.66 acres and will feature 655 apartments in 2, 3, and 4 BHK configurations, all designed to be Vastu-compliant and without common walls between units. The development is registered with the Real Estate Regulatory Authority under number TN/29/Building/0577/2024 and is currently under construction, with Phase 1 handover anticipated around 2027.
The importance of this development lies in its strategic location within a mature residential and commercial corridor. The site is situated near established institutions like the Sri Ramachandra Medical Hospital and the DLF commercial complex. Furthermore, it is positioned to benefit from the upcoming Chennai Metro Phase 2 expansion, specifically along the Poonamallee-Porur-Power House corridor. This planned infrastructure enhancement is expected to significantly improve connectivity and accessibility for residents, potentially increasing the long-term value and desirability of properties in the vicinity.
For potential homebuyers and the local real estate market, the project introduces a substantial new housing inventory with modern amenities. Key features include a dedicated 1-acre central park and an extensive clubhouse facility spanning over 28,000 square feet. The developer, NuTech, emphasizes its established reputation, having been founded in 1988 by B. Nagi Reddy. The company reports a portfolio of approximately 150 projects, encompassing the development of 20,00,000 square feet of residential and commercial space across Chennai and Bangalore. More information on the company's background and projects can be found on their official website at https://www.nutechindia.com.
The launch of NuTech Central Park represents a significant investment in the Porur micro-market, which is experiencing growth due to its proximity to key healthcare, educational, and commercial hubs. The project's scale and promised amenities, combined with the impending metro rail connectivity, highlight a trend of developers focusing on integrated township concepts in suburban areas of major Indian cities. This move could influence housing supply, pricing trends, and urban development patterns in Chennai's western suburbs, offering new options for families and professionals seeking homes in a well-connected, amenity-rich environment.
