A joint venture of the international companies, PBEL City is the integrated township developed on the 43 acre land on the Old Mahabalipuram Road in chennai with international standards. PBEL have allotted 10 acres of the land for the commercial development in the township and 33 acres will be dedicated to toward the residential development including around 3 acres devoted for schools, amenities, clubhouse etc. PBEL Township is the best combination of quality construction, scenic surrounding, and awesome life style. The previous venture of the PBEL, PBEL City Hyderabad has created the benchmark in the township projects as they have won the “Outstanding Concrete Structure of AP, 2012”. Residential area in the PBEL Township Chennai is supposed to be developed in phases of 5 acres. Township has been planned in such a way that it will be kept away from the hustle and bustle of OMR and it will be the unique housing cum commercial township project with great natural surroundings.Creators:PBEL is the jointly formed corporation of the international companies named as Property and Building Corporation Ltd. (PBC), INCOR and Electra Real Estate Ltd. The joint conglomerate entered the Indian real estate with their Hyderabad based project- PBEL city. PBEL offers international quality residential standards in their projects.Property and Building Corporation LtdIt is a subsidiary of the IDB group which mainly works in North America, Asia and Europe. The Group is working since 1961 and has the global assets of more than $ 36 billion. The Israel based company is one of the most prominent real estate companies in the world.Electra Real Estate LtdIsrael based Electra Real Estate Ltd is the firm of the ELCO Holding Limited Company established in 1994. The company has around 109 revenue generating property projects across the globe and it has been growing exponentially in the past six years. The company also has projects in the US, UK, Canada, Germany, and Switzerland.INCORIncor was established in the South India by a cartel of NRIs with a vision of global achievement in the real estate sector and creation of world class customer centric housing and commercial properties in India. INCOR has also worked in the hospitality sector they have completed their project OMNI Hospital in Hyderabad.Features and Amenities:PBEL city provides 36 different and awesome ways to spend your life in the boundaries of the township. Everything you need will be provided at your doorsteps. Township is established on the most crowded road of the city OMR road yet it keeps you apart from hustle-bustle. The natural surrounding creates an astonishing atmosphere in the township with a panoramic sea view.Amenities provided by the Township are listed below
- International size Cricket Ground with radius of 55 meter Along with the tennis and Basketball courts
- Swimming pools, Parks, Jogging tracks and Cycling tracks
- Club House with Party hall and recreation room
- Vast parking space
- Day Care Center for children and schools
- Shopping Centers and Super Markets are also built in the township
- 24 hours high priority security
- 24×7 ATM
Location:OMR is one of the most crowded locations in the city and it is well connected with other localities of the city. The locality is majorly known as the IT corridor of the city which houses many ITeS and BPO companies. Along with almost every bog company OMR also have important colleges and institutes like National Institute of Fashion Technology (NIFT), Chennai Mathematical Institute, Asian College of Journalism, National maritime University etc. The OMR is well connected via road and rail transport and new plans are under process and suppose to be completed in few years.The township project offers 1, 2, and 3 BHK apartments divided in 5 phases with the area ranging between 1033 sq ft to 1733 sq ft. It is located in one of the prime locations in chennai the price offered by the township is Rs 2899 per sq ft.