On 16th July 2023, a well-known real estate arm of the TVS group sold 448 units from its new project, Elements.
TVS Emerald, a member of TVS Group, is the headquarters of TVS Emerald in Chennai. This real estate firm’s principles are trust, value and services to their buyers! With these principles and values, this renowned company has named a record of selling the highest sale recorded in a decade! On Sunday (16th July 2023), the company sold the 448 homes of its latest project, ‘Elements’, for Rs. 438 Crore.
Elements cover 6.56 acres of land in the marvellous Southwestern suburb of Chennai, Kovilambakkam. Element has a total of 820 residential units, among which 448 residential units are already sold.
The CEO and the Director of TVS Emerald, Sriram Iyer, said,” The triumph of this milestone achievement reinforces the confidence homebuyers have in us”.
He added, “In the aftermath of the pandemic, people are seeking homes that can transform their everyday living experiences, and we have consistently met this demand”.
Chennai is constantly seeing the consistent growth of real estate projects and groups, and TVS Emerald has added a new chapter to it! According to a few reports, approximately 7,150 real estate properties were sold between January and June, while last year, this number was around 6,951 in the same period!
Before TVS Emerald, Casagrand Majestica held this record under their name, and they sold the properties for Rs. 222.6 Crore in May. Additionally, last year in April, the Baashyaam Group sold properties worth Rs 195.13 Crore.