Akshaya Pvt Ltd announces the launch of ‘CUBE’ First-of-its kind boutique office spaces at OMR Thoraipakkam

• Offering 28 office spaces starting from 1556 sq. Ft at a very competitive price of 1.55 Cr. Onwards

Chennai, 2^nd July 2020: Leading real estate developer, Akshaya Pvt Ltd, regarded highly for its quality, innovation, transparency & ethical business practices, has today announced the launch of ‘CUBE’- a first-of-its-kind, Grade-A boutique office spaces onOMR (Old Mahabalipuram Road), located near Perungudi Toll.  The project will offer 83,314 sq. ft. of office spaces spread across 8 floors and will be ideal for offices, start-ups, small IT companies, doctor clinics, diagnostic centres, banks, individual offices for professionals such as chartered accountants, advocates, architects and agencies, supermarkets, cafeteria, retail stores and restaurants.

Akshaya Cube

This Grade-A boutique office space has been launched to cater to the growing demand for small and mid-level boutique offices among Chennai-based businesses. With an access to premium facilities and services, CUBE comes with a stylish, state-of-the-art design. CUBE is accredited with Silver Green pre-certification by Indian Green Building Council (IGBC).

The company is offering 28 office spaces starting from 1556 sq. ft. onwards. With individual office sizes ranging from 1556 sq.ft. to 4959 sq.ft., office spaces at CUBE comes at a very competitive price of 1.55 Cr. onwards, which is ideal for small businesses. For mid-level businesses, CUBE offers flexibility of combining multiple offices, as well as taking up full floor plates ranging from 8497 sq.ft. to 13441 sq.ft. Akshaya has also floated a launch scheme for CUBE where customers can choose and block their office by just paying a Rs. 5 lakh advance, while the remaining amount may be paid based on construction schedule.

The highlight of CUBE is that it sufficiently caters to the needs of both end-users as well as investors. On the one hand, in a post-COVID world, businesses have started preferring smaller boutique office spaces for end-use, which makes CUBE a preferred destination for workplaces.  On the other hand, the strategic location of CUBE on OMR amidst a robust social infrastructure near the Perungudi Toll-plaza, and next to an upcoming metro station makes it a lucrative investment opportunity for investors.

CUBE’s design elements are a mix of an interesting interplay of colours, making it visually appealing for the businesses and its employees. It houses an exquisite lobby with world-class comforts on offer which includes beautiful landscape with soothing fountains,a cafeteria/restaurant at the first and second floors with indoor games, 24*7 power backup, 60 closed car parking and 17 open car parking spaces, fire fighting system, rainwater harvesting, sewage treatment plant and air conditioning among others.

Speaking at the launchMr. T. Chitty Babu, Chairman & CEO, Akshaya Pvt Ltd said, “We are excited to launch CUBE, a first-of-its-kind boutique office spaces in OMR. We found that there is a supply gap in Chennai for boutique office spaces. Also, with several companies now moving out of co-working spaces post-COVID and seeking to setup their own office, we are foreseeing a significant rise in demand for smaller independent boutique offices. This project will be an ideal workplace destination for small and mid-level businesses. It has great connectivity, as it is conveniently located within 5 kms of all key residential micromarkets like Velachery and Thiruvanmiyur. The upcoming metro station at Thoraipakkam will also add to the ease of connectivity in future.”

CUBE is conceived to be a landmark of sustainable development designed in accordance with the global standards. ThisIGBC pre-certified Green Building will aid businesses to save costs on maintenance which includes reduced electricity bills and optimum water consumption, among others. Akshayahas also deployed a dedicated ‘Akshaya Services’ team for security, housekeeping, pest-control and necessary measures to disinfect, thereby making all Akshaya premises safe and comfortable for its occupants. Frequent sanitization and cleaning are undertaken too by this team. Adequate provisions have been made for handwash, sanitizers, masks, and gloves across all Akshaya premises. The team works round-the-clock to make all the Akshaya properties a safe place to work and live during this crisis. Akshaya developed its first commercial project in the year 2002 and has since developed some of Chennai’s iconic commercial projects which includes‘Domaine’ in OMR Karapakkam and ‘Vibgyor’ in Nungambakkam. The company recently launched 200 ready-to-move-in IKEA-furnished homes and also inaugurated Akshaya Shanti ‘Grade-A Office Suites’ for enterprises and businesses at the iconic Shanti theatre complex in Mount Road, Chennai.

About Akshaya Pvt Ltd:

Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu. A first-generation entrepreneur, T Chitty Babu ventured into the world of business with just Rs. 10000 in his pocket and plenty of self-conviction, confidence and clarity in what he wanted to do. Twenty-four years into the journey, today Akshaya has grown into one of the most awarded companies in the country, acclaimed for its transparent business practices and innovation.Driven by the core values of ‘Transparency &Uncompromise’, Akshaya has now earned the distinction of being one among the ‘Most Reputed Real Estate Brands in India’ and the only player from Chennai to feature in a report brought out by Trust Research Advisory (TRA) and Blue Bytes based on media and consumer perceptions. Akshaya offers 10-year maintenance and all the homes are IGBC Pre-certified green homes. Akshaya has been ranked Tamil Nadu’s No. 1 real estate developer and India’s No. 9 developed by Construction Week Magazine in November 2018. The company has certifications in Integrated Management Systems (IMS) ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Management System and SA 8000:2008. It has been awarded with CNBC/CRISIL ‘Highest Transparency’ Award; NDTV ‘Most Transparent Developer in India’ Award and CNBC/CRISIL ‘Best Legal Systems’ award for four years in a row. The company is also a pioneer in developing differently abled/elder-friendly homes. The company is also a member of CREDAI. Today, the company is reputed for many unique initiatives including the ingenious ‘Akshaya Home Facts Book’ for enlightening homebuyers on their rights. The last 24 years have seen the company excel in both home and commercial domains by developing 160 landmark projects in South India.

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