Plot For Sale In Besant Nagar

Prime Corner Property for Sale on Elliot's Beach Road, Chennai Key Highlights: Location: East-facing, on Elliot's Beach Road and bordered north by 32nd Cross Street has unobstructed view spanning the coastline of the Bay of Bengal Vaastu Compliance: The property for sale to 2nd owner is vaastu compliant; ensuring a harmonious and positive environment the allottee and family enjoyed over decades. Land Area: Corner property measures 2,987 sqft, provides ample open space all around for unobstructed light and ventilation. It Measures : The North-East corner is curved boundary wall (14 ft). East frontage is 47.6 feet and North (32nd Cross street side) is 63.9 feet. FSI Potential: Both sides are abutting wide roads, thst provides for enhanced Floor Space Index (FSI) approval, enabling construction of a stilt level (ground/road level) and up to 4 floors, making it ideal for a luxurious residence, boutique hotel, or commercial project. Very special by default, to this particular property, do Note; the East side Elliot's Beach Road width is 63.9 Feet and on North Side 96.6 Feet wide. Unique Features: It is the first independent house located on the beach. By a kilometer reach it is to the landmark Theosophical Society campus, a sprawling 260-acre natural haven along the banks of the Adyar River. And by 2 kms south is the heartland of art and culture - Kalakshetra Cultural center. Pollution free due to a dense urban forest cover of Theosophical Society, on the road connecting Besant Nagar to Adyar Bridge, offers an aura for healthy lifestyle living and a tranquil pollution free environment The landmark Elliot's Beach, has remained THE destination for several national and international beach events, film shoots, and outdoor activities. Government' is focused on tourism development projects, includes the upcoming sea road bridge and ropeway Cable Car. This is poised to elevate the area's connectivity and infrastructure. Locality Overview: Besant Nagar is one of the most upmarket residential areas in Chennai, known for its scenic coastline, vibrant community and well-developed infrastructure. The residential landscape is dotted with modern amenities, that includes renowned schools, hospitals, supermarkets and fine-dining options. Easy access to public transport and the city center, striking a perfect balance between urban living and seaside tranquility. Pricing and Investment Value: The property is priced at Rs.13.40 Crores, reflecting its prime location, coastal views and the ever growing is its, high intrinsic value. Tamil Nadu government's present guideline value for Elliots beach road is Rs.12,700 per sqft, amounting to Rs.3,79,34,900 for 2,987 sqft. The market value in this premium locality stands at approximately 3.5 times the guideline value, justifying the listed price. Why Invest in This Property? Prime beach-facing location with spectacular, unobstructed view of the Bay of Bengal. It is undoubtedly rarest of the rare location that probably only a handful of us have been blessed to have owned. Surrounded by historical, cultural and natural landmarks namely Theosophical Society campus, Edward Elliot's Arch, Ashtalakshmi Temple, Kalakshetra Cultural center and Annai Vailankanni Church to name a few. High FSI approvals for future construction, offering immense development potential. Located in Chennai's most sought-after area, Besant Nagar, known for its posh lifestyle and excellent connectivity A rare opportunity to own land in a rapidly appreciating locality with strong tourism and infrastructure development plans.