Pace Park Lane

By: Pace Builders (M) Pvt. Ltd in Anna Nagar West

Pace Park Lane: Premium Living at Anna Nagar West, Chennai.

Prime Location & Connectivity.

Situated on Anna Nagar West, Pace Park Lane enjoys excellent access other prominent areas of the city. The strategic location makes it an attractive choice for both homeowners and investors, offering easy access to major IT hubs, educational institutions, healthcare facilities, and entertainment centers.

Project Highlights and Amenities.

This project, spread over 1.00 acres, is developed by the renowned Pace Builders (M) Pvt. Ltd. The 72 premium units are thoughtfully designed, combining spacious living with modern architecture. Homebuyers can choose from 2 BHK and 3 BHK luxury Apartments, ranging from 968 sq. ft. to 1439 sq. ft., all equipped with world-class amenities:.

Modern Living at Its Best.

Whether you're looking to settle down or make a smart investment, Pace Park Lane offers unparalleled luxury and convenience. The project, launched in , is currently completed with an expected completion date in Apr-2018. Each apartment is designed with attention to detail, providing well-ventilated balconies and high-quality fittings.

Floor Plans & Configurations.

Project that includes dimensions such as 968 sq. ft., 1439 sq. ft., and more. These floor plans offer spacious living areas, modern kitchens, and luxurious bathrooms to match your lifestyle.

For a detailed overview, you can download the Pace Park Lane brochure from our website. Simply fill out your details to get an in-depth look at the project, its amenities, and floor plans. Why Choose Pace Park Lane?.

• Renowned developer with a track record of quality projects.

• Well-connected to major business hubs and infrastructure.

• Spacious, modern apartments that cater to upscale living.

Schedule a Site Visit.

If you’re interested in learning more or viewing the property firsthand, visit Pace Park Lane at Balaji Nagar, Anna Nagar West Extension, Chennai, Tamil Nadu, INDIA.. Experience modern living in the heart of Chennai.

Located towards the city north-west is the budding locality of Anna Nagar West. The locality is bounded by prominent residential localities such as Anna Nagar, Koyambedu, Arumbakkam, and Anna Nagar West Extension.

It has developed in a pattern similar to that of Anna Nagar, and is subdivided into streets 1 to19. This locality, along with Anna Nagar East, came about as a natural extension of Anna Nagar.

Anna Nagar West is blessed with rich social infrastructure avenues that have facilitated high demand for properties here. Prominent schools and colleges such as Alpha CADD PTC, EPractize Labs, Blessing Life Academy, IOB Staff College, Kendriya Vidyalaya, among others are in the vicinity. The multi-specialty hospital Sundaram Medical Foundation Community Hospital is at a distance of 3km from Anna Nagar West. Significant commercial establishments adding more value to the realty sector of the area include CivilTech Engineering Pvt Ltd, Hindustan Unilever Network, Beats Technologies, Exodus Exports Pvt Ltd, and Tech Park Solutions.

Well-known residential projects in Anna Nagar West include Kalanikethan Apartments, Emerald Flats, Paradise Flats, Pemmasani Enclave, and Annai Flats. Recreational provisions such as Golden Jubilee Park, and Annai Flats Park also contribute to the locality potential growth.

Connectivity and Transit Points

Ambathur Estate Road lies to the north of Anna Nagar West, which leads to the 100-feet Road on the east. Also known as Jawaharlal Nehru Road, it efficiently connects Anna Nagar West to Tirupati Road in the north and Poonamalle High Road in the south. These roads neatly link the locality to its surrounding localities and cities such as Ambattur, Thiruninravur, and Ponneri.

Thirumangalam Metro, located in Anna Nagar, used to connect Anna Nagar West with Villivakkam. But now, this service is closed. However, there are plans of including this train network with the suburban metro rail, which will enhance the region connectivity. The closest railway stations are Nungambakkam Railway Station and Chetpet Railway Station, which are both situated 8km from Anna Nagar West. Chennai International Airport is an hour drive away, approximately 16km from here.

Common methods of public transportation, such as buses, autos, and taxis are easily available here. The bus depot at Anna Nagar West is a major landmark, and one of the biggest bus stations in Chennai. Buses departing from here connect this locality to various parts of the city.

Major Landmarks

• IOB Staff College
• Kendriya Vidyalaya
• EPractize Labs
• Mayuri Infomedia
• WEBSPA
• Anna Nagar West Bus Depot
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Factors for Growth in the Past

Anna Nagar is known to be a vast residential colony that was expanding at an alarming rate in the past. In order to ease the stress on the locality, Anna Nagar West and Anna Nagar East were created by the local State authorities.

Development picked up quickly in Anna Nagar West and, as a result, more people were attracted to this locality. Developers sensed this and multiple infrastructure and real estate projects were planned thereafter, adding to the overall development of the area, and leading to a further increment of real estate value.

Residential and Commercial Market

Residential Market

The dominant property types here are multi-storey apartments and independent houses.

Property prices in Anna Nagar Westare cheaper than that in Anna Nagar. Data for the last financial year depicts that price appreciation has occurred at the rate of 12 per cent. The sale price varies between Rs 8,300- 8,900 per sq. ft.

Commercial Market

There are a number of office spaces available for sale and rent in Anna Nagar West. The cost varies approximately between Rs 2 - 5 crore, depending on the size of the property and facilities available.

Major Challenges

As Anna Nagar West developed in a more recent time frame in comparison with other age-old localities of Chennai, urbanisation and modernisation were by-products of the development efforts. This, however, has put a strain on the existing infrastructure facilities. The residents have complaints about how traffic congestion is caused because of illegal parking activities and open drains. There is also a dearth of water supply.

A challenge directed at this locality in particular, is the problem caused due to the incomplete construction of the Thirumangalam Flyover. This project gave way to many environmental hazards such as pollution and land degradation. As a result, the locality has become dusty. What worse is that the road is never swept, even though construction is in progress.

Factors for Growth in the Future

Plenty of land in Anna Nagar West is set aside for the construction of the metro rail project. This project is expected to do wonder in terms of connectivity, which in turn will spark fresh investments, both in the commercial and residential realty markets. What more is that Anna Nagar West will enjoy a unique underground transportation system, linking it to various other localities of Chennai in no time. This is expected to be completed by the financial year 2014 to 2015.