Faq's
Located in Ponneri, North Chennai, Arete homes offer house for sale sized 20.25 acres; Phase 1 – 14.10 acres.
7 Residential towers and The Club. Out of 7 towers; 6 towers of Stilt + 10 storey with mix of 2 bhk, 2.5 bhk and 3 bhk flats @ 8 flats per floor and 1 EWS tower of Stilt + 12 storey for 1 bhk flat @ 22 flats per floor. Total saleable area is ~7.2 lakh sq ft; for 744 flats. ( Note - Two more floors will added for all the building subject to all necessary approval received)
Tentative timeline for possession of apartment for sale in Ponneri, North Chennai is 24 months; construction in Arete Homes is being done using Mivan technology.
Phase 1 has: 1 bhk flat for sale @ 651 sq ft 264 Units 2 bhk flat for sale (compact) @ 940 sqft to 1,011 sqft 180 Units 2 bhk flat for sale (large) @ 1,044 sqft to 1,134 sqft 180 Units 2.5 bhk flat for sale @ 1,263 sqft to 1,356 sqft 60 Units 3 bhk flat for sale @ 1,589 sqft to 1,668 sqft 60 Units.
Yes, at the time of possession of the house. However, 1 bhk buyer has to pay an extra cost of Rs 1,00,000 + Taxes as applicable.
Basic cost @ Rs 3,150 per sqft; it will become Rs 3,500 per sqft if one wants 20:80 / 10:80:10 scheme; Infrastructure & Development charges @ Rs 250 per sqft; Open Car park @ Rs 1,00,000; for 2 bhk flat; Covered car park @ Rs 2,00,000 for 2.5 bhk and 3 bhk flats; If one needs additional car park, it will be decided at the time of possession; Club usage eligibility charges @ Rs 1,00,000. ( Note - We are not charging VAT which is 5 % - Info for internal purpose)
1 bhk flat for sale @ Rs 26,00,495 2 bhk flat for sale (compact) @ Rs 37,76,062 to Rs 40,38,357 2 bhk flat for sale (large) @ Rs 41,60,269 to Rs 44,92,755 2.5 bhk flat for sale @ Rs 50,77,235 to Rs 54,20,805 3 bhk flat for sale @ Rs 62,81,576 to Rs 65,73,425.
Arete Homes is located in Ponneri, North Chennai and offers flat for rent, student housing, serviced apartments and house for sale.
Arete homes is a well-planned gated community comprising seven towers with 2, 2.5 and 3 BHK apartments.
We will provide power backup for common areas by Solar or DG sets. Also Arete Homes has provided a dedicated location for Inverter in the dry balcony area.
Yes, the homes are designed keeping Vastu in mind.