Are you looking for a new home in Chennai? Porur is a great location. It connects many important parts of the city. A new project is coming soon. The Shriram Pre-Launch Project in Chennai creates a lot of excitement. People want to know its price. They also want to know its features. This blog gives you all the details. We explain everything in simple words. You will learn about the project, location, and expected costs.

Introduction to Shriram 122 West

Shriram 122 West is the official name of this project. The developer is Shriram Properties. They are a trusted name in real estate. This project sits in Porur, Chennai. It offers premium residential apartments. The status is pre-launch. That means you can book early. Early buyers often get better prices. You can choose from 2 and 3 BHK configurations. The total land area is 4.98 acres. The project will have 284 units. This is a medium-sized complex. It is not too big or too small.

Key Highlights at a Glance

Let us list the main points quickly.

• Project Name: Shriram 122 West

• Location: Porur, Chennai

• Project Type: Premium Residential Apartments

• Status: Pre-Launch

• Configurations: 2 & 3 BHK

• Total Land Area: 4.98 Acres

• Total Units: 284

• RERA No.: TN/29/BUILDING/0459/2023

• Possession Date: Expected By October 2028

• Developer: Shriram Properties

These numbers tell you the project is genuine. The RERA number proves its approval. You should always check RERA before buying.

Location Advantage: Why Porur?

Porur grows very fast. Many IT parks are nearby. The Mount Poonamallee Road is close. The Chennai Bypass Road is also near. You can reach the airport quickly. Shriram 122 West Porur Chennai enjoys excellent connectivity. Schools, hospitals, and malls exist in the area. Many employees from Sriperumbudur and Oragadam choose Porur. They want shorter travel times. This location saves both time and fuel.

Living in Porur gives you city access. It also gives you peace. You avoid the central Chennai crowd. Yet you stay close to everything. The proposed metro extension will help more. Future price growth looks strong here.

Understanding the Pre-Launch Phase

A pre-launch phase happens before the official launch. Developers offer special prices during this time. Shriram New Launch Projects often sell fast in pre-launch. Why should you consider this phase? You get the lowest rates. You choose the best floor. You pick the best view.

Investors love pre-launch bookings. They see high returns later. End-users also benefit. They lock a good price today. The possession is expected by October 2028. That gives you enough time to plan your finances. Booking early gives you peace of mind.

What Are the Configurations?

You have two main choices. 2 BHK Apartments in Porur Chennai suit small families. They are affordable. They need less maintenance. 3 BHK Flats in Porur Chennai suit larger families. They offer more space. They work well for home offices or guest rooms.

The exact unit sizes are not yet public. But most Shriram 122 West Apartments will have modern designs. Each home gets good ventilation. The layouts avoid dark corners. You will feel fresh inside. The project targets premium buyers. So expect good quality materials.

Total Land Area and Unit Density

The project spreads over 4.98 acres. It holds only 284 units. This means low density. You get more open space. You do not feel crowded. Many Chennai projects pack more units on less land. Shriram Properties Porur Project does the opposite. They give you breathing room.

Low density helps in many ways. You get more parking. You face less noise. The lifts wait less time. The common areas stay clean. This matters for daily living. Families with kids and elders prefer such projects.

Expected Pricing of Shriram 122 West

Now we come to the main question. What is the Shriram 122 West Price? The developer has not released the official rate card. But we can make a smart guess. Porur’s current market rate ranges from ₹7,000 to ₹9,500 per square foot. Pre-launch rates are usually 10-15% lower.

Based on this, we expect the starting price around ₹80 lakhs for a 2 BHK. The 3 BHK may start from ₹1.2 crores. These are tentative numbers. The final price will depend on floor, view, and size. You should contact the developer for exact quotes. But booking early will surely save you money.

Payment Schedule

Developers offer flexible plans in pre-launch. You may pay a booking amount of ₹1-2 lakhs. Then you pay a part of the cost during construction. The rest comes at possession. Home loans are easily available. Most banks recognize Shriram Properties. They approve loans without trouble.

Possession Date and RERA Approval

The possession date is October 2028. That is about two years from now. Some buyers want ready homes. But pre-launch gives better value. You get two years to save more money. You also watch your asset grow in value.

The RERA number is TN/29/BUILDING/0459/2023. You can verify this on the Tamil Nadu RERA website. RERA Approved Apartments in Porur give you safety. The builder cannot change plans without permission. Your money goes into an escrow account. This reduces risk completely. Never buy a home without RERA approval.

Amenities You Will Get

Premium projects offer good amenities. Shriram 122 West includes many features. You get a clubhouse. You get a swimming pool. You get a gym. Kids get a play area. There is also a walking path. Security systems work 24/7. Power backup runs common areas. A sewage treatment plant keeps things clean.

These amenities make life easy. You do not need to go outside for basic fun. Your family stays safe inside the complex. The project creates a complete community.

Comparison with Other New Projects

Many New Residential Projects in Porur Chennai exist. But Shriram 122 West stands out. Why? The location on 122 West Porur road is prime. The land area of 4.98 acres offers space. The unit count of 284 ensures low density. Other projects often pack 500 units on 3 acres. That feels congested.

Shriram Properties has a good track record. They deliver on time. Their construction quality is reliable. Choosing a known developer reduces your tension. You sleep better at night.

Who Should Buy Here?

First, IT professionals working in nearby offices. Second, families looking for spacious homes. Third, investors wanting capital growth. Porur prices will rise as infrastructure improves. The metro extension will add value. New flyovers will cut travel time.

Even retirees find Porur suitable. Good hospitals like Sri Ramachandra are near. You get fresh air compared to central Chennai. The project offers ground-floor units for elders. They can walk easily inside the campus.

How to Book Your Apartment?

Booking is simple. Visit the official website of Shriram Properties. Call their sales office. Or visit the site office in Porur. You will see the layout. You will understand the pricing. You can choose your unit number. Pay the booking amount online or by cheque. The sales team will guide you.

Ask for the price list in writing. Read the buyer-builder agreement carefully. Check the RERA approval again. Keep copies of all receipts. These steps protect your hard-earned money.

Future Price Appreciation

Real estate in Porur grows steadily. Five years ago, prices were half of today. Premium Residential Apartments in Chennai always perform well. Porur benefits from its location. It sits between the city and the industrial belt. Offices keep opening in this corridor. More jobs mean more demand. More demand raises prices.

By 2028, when you get possession, the value may increase by 20-30%. Early buyers enjoy this gain. Even if you live in the home, the value matters. It acts as your wealth reserve.

Loan and Tax Benefits

You can take a home loan for this purchase. Most banks offer 80-90% of the property value. Interest rates range from 8.5% to 9.5%. Pre-approval helps you know your budget. You also get tax benefits under sections 80C and 24(b). You can deduct up to ₹2 lakhs on interest payment. The principal payment also saves tax.

Consult a CA for exact numbers. But buying a home always helps your tax planning. Rent does not give you any such benefit.

Why Choose Shriram Properties?

Shriram Properties is a famous builder. They have many successful projects across South India. They focus on timely delivery. They use good materials. Their customer service is responsive. Shriram Upcoming Projects in Chennai always attract attention. The brand name adds value to your investment.

Other builders may offer lower prices. But they may delay possession. They may cut corners. With Shriram, you get peace. You pay for quality and reliability. That is worth the money.

Potential Challenges to Know

No project is perfect. Porur faces traffic during peak hours. The road widening work takes time. But these are temporary issues. They will improve within two years. Another challenge is the pre-launch wait. You pay money today for a home in 2028. You need patience. If you need a home immediately, this is not for you. But if you plan ahead, this works well.

Also, compare the final price per square foot. Do not only look at the total price. Sometimes bigger units seem costly but offer better value. Calculate everything carefully.

Tips for First-Time Buyers

• Do not rush. Visit the site on a weekday and weekend.

• Talk to existing owners of Shriram projects.

• Check the distance to your office.

• Calculate your EMI before booking.

• Keep a buffer for registration and interior costs.

• Read the entire agreement. Ask questions if you do not understand.

Buying a home is a big decision. Take your time. But do not wait too long. Pre-launch prices rise quickly once demand picks up.

Summary of What You Get

You get a RERA approved apartment in a prime location. You get a trusted builder. You get low-density living. You get modern amenities. You get possession in October 2028. You get a chance to book at pre-launch prices. That is a strong package.

The Shriram 122 West project meets the needs of modern families. It balances work, life, and comfort. Whether you buy for living or investment, you make a wise choice.

Final Word on Pricing

We cannot give an exact price yet. But we expect competitive rates. The pre-launch phase offers the best deal. Contact the developer today. Get the official price list. Compare it with nearby projects. You will see the value. Do not miss this opportunity.

Shriram New Launch Projects sell fast. The 284 units will not last long. Porur has limited large land parcels. Once sold, no similar project may come nearby. Act now. Secure your dream home.

Conclusion

Shriram 122 West in Porur is a great pre-launch option. It offers 2 and 3 BHK premium apartments. The RERA approval ensures safety. The possession by October 2028 gives you time. The low density on 4.98 acres provides comfort. The trusted name of Shriram Properties adds confidence.

We expect the Shriram 122 West Price to be attractive. Early buyers will gain the most. Visit the site. Talk to the sales team. Read the documents. Then book your unit. Chennai real estate moves fast. Miss this, and you may pay much more later. Make your move today.