Green Tree Homes & Ventures Pvt Ltd on Wednesday announced the launch of its ‘premium value’housing project, GreennTown.
GreennTown, coming up at a cost of Rs 500 crore, comprises of semi-independent houses spread over 44 acres at Pollivakam in Thiruvallur District.
The first phase of the project will be spread over 7 acres and will comprise of 164 units. GreennTown will have 2-BHK and 3-BHK semi-independent houses with a private terrace. The size of the houses would range from 895 sq. ft. to 1299 sq. ft.
Talking to journalists, Pon Ravichandran, director, Green Tree Homes & Ventures Pvt. Ltd. said, “We are excited to announce the launch of our ‘Value Homes’ project – GreennTown. Chennai is a fast growing city with a constantly appreciating real estate market. With the setting up of several factories and manufacturing units (Nissan, Daimler, Hyundai, Caterpillar, Delphi TVS, Ford to name a few) around Chennai, the city is rightly touted to be the future Detroit of Asia. Strategically located on the State Highway 57, GreennTown will be apt for the numerous people in search of easy commute sans compromising on convenience and luxury. It is also a great investment for people who would like to live away from the maddening crowds of the city centre.”
“At Green Tree, it has been our constant endeavour to identify opportunities, to synergise our knowledge of global and domestic markets and to align with today’s real estate needs. Today, we are capable of scaling up operations in the shortest turnaround time with strong focus on quality and a perfect blend of aesthetics and strong business sense. We strongly believe in making commitments to customers based on our conviction, and seeing them through under any circumstances. Our primary goal is to increase stakeholder value. GreennTown is in line with this endeavour,” said Dinesh Ethiraj, Director, Green Tree Homes & Ventures Pvt. Ltd.