NuTech Real Estate has announced the launch of NuTech Central Park, a residential development in Iyyappanthangal near Porur, Chennai. The project is a 10.66-acre gated community offering 655 Vastu-compliant apartments in 2, 3, and 4 BHK configurations. A key feature highlighted is the design with zero common walls between units, a 1-acre central park, and a clubhouse spanning over 28,000 square feet. The project is registered with the Real Estate Regulatory Authority under registration number TN/29/Building/0577/2024 and is currently under construction, with Phase 1 handover anticipated around 2027.
The development's location is positioned as a significant advantage for potential buyers. It is situated in a mature area near established landmarks like the Sri Ramachandra Medical Hospital and the DLF commercial complex. Furthermore, the project is slated to benefit from the upcoming Chennai Metro Phase 2 expansion, specifically along the Poonamallee-Porur-Power House corridor. This planned infrastructure improvement is presented as a major value-addition, enhancing future connectivity for residents. The press release characterizes NuTech apartments in the Porur location as distinct and remarkable within the local market.
NuTech's corporate background provides context for the new launch. The company was founded in 1988 by Sri B. Nagi Reddy, initially focusing on constructing small independent houses. Over decades, it has expanded its portfolio to include IT parks, residential apartments, townships, and individual villas. The firm reports having delivered approximately 150 projects, developing around 20,00,000 square feet of residential space across Chennai and Bangalore. This track record is used to position NuTech as a premier real estate developer in South India, having carved a niche in the regional market.
The announcement of NuTech Central Park carries several implications for the local real estate sector and prospective homeowners. For the industry, it represents a continued investment in Chennai's western suburbs, signaling confidence in the growth corridor of Porur and Poonamallee. The emphasis on RERA registration addresses increasing consumer demand for regulatory transparency and project accountability in the Indian real estate market. For potential buyers, the project offers a combination of established neighborhood amenities and future-proofing through anticipated metro rail access, which could influence property values and quality of life. The scale of the development, with its large central park and extensive clubhouse, also sets a benchmark for community living amenities in new constructions, potentially raising standards for competing projects in the region. The project's progression will be a test case for the successful integration of large-scale residential planning with upcoming public transit infrastructure in Chennai's expanding urban landscape.
