Navin’s Introduces Easy Home buying Initiative of 1 lakh Down Payment to Empower Homebuyer
- Redefining home buying in the city, the company aims to enable individuals to own a home with a minimal down payment of ₹1 lakh and an affordable monthly EMI starting ₹40,000 onwards inclusive of your registration charges, service connection charges, infrastructure fees, clubhouse memberships, and even maintenance for 2 years.
- The company has unveiled a 360-degree marketing campaign to strategically reshape perceptions about real estate investment, presenting it as a viable and profitable option for individuals and families.
Chennai, 1st March,2024 : With the aspiration of home buying on a consistent spike, Navin’s, Tamil Nadu’s most trusted and respected developer, announced the launch of a Navin’s 1 lakh down payment offer, a one-of-a-kind initiative- to empower homebuyers. This initiative aims to provide ready-to-move-in homes at a modest down payment of just rupees 1 Lakh and an EMI starting Rs. 40,000 onwards, with zero hassle of extra payments, that helps transform the dream of owning a home into a reality. The initiative has been rolled across its two flagship projects in the city, ‘Navin’s Starwood Towers’ in Medavakkam and ‘Navin’s Hillview Avenue’ in Thirumudivakkam.
In tandem with this initiative, Navin’s has also launched a comprehensive 360-degree marketing campaign aimed to bring about a strategic shift in perspective towards real estate investment as a feasible and lucrative choice for individuals and families.
Commenting on the initiative, Dr. R Kumar, Chairman and Managing Director, Navin’s, said, “Over the last decade, we have witnessed a significant transformation in real estate trends. In the wake of the pandemic, prospective homebuyers, especially millennials and Gen Z, have come to recognize the lasting financial benefits of property ownership. With 65 % of home buyers willing to buy a home today, the surge in property costs, with a staggering 7% increase in India, has raised concerns about affordability. Despite an improvement in Chennai’s affordability index, the dream of owning a home still remains elusive for many. We at Navin’s are delighted to be the first in the industry to take a step forward to address this challenge, that will certainly diminish the gaps of aspirations and affordability whilst emphasizing that real estate is a viable investment option, and make homebuying a tangible and attainable reality for many.”
Adding to this, Mr. Navin Kumar, Director, Navin’s said, “With a remarkable 20% increase in new project launches, both Thirumudivakam and Medavakkam are poised for substantial additional growth of 8-12% in the months ahead. Fueled by the regions promising growth potential, excellent connectivity, and the growing presence of satellite towns and IT corridors, Navin’s Starwood Towers and Navin’s Hillview Avenue have incredible location advantages which are backed by the rising demand in the market as the neighborhoods not only for offering convenient connectivity but also a flourishing community atmosphere, making them ideal for establishing a lasting residential presence. With this, we are confident that our commitment to providing quality, affordable housing aligns seamlessly with the aspirations of homebuyers, offering a blend of affordability, strategic location, and promising future growth.”
Strategically positioned in Vengaivasal, equidistant from Velachery and OMR (IT Corridor), Navin’s Starwood Towers is a sophisticated residential condominium. The layout consists of Basement + Stilt + 21 floors in Starwood Tower 3.0, Basement + Stilt + 14 in both Starwood Tower 1.0 & Starwood Tower 2.0 with a total of 1216 apartments which are distributed across eight towers within the township. The project integrates cutting-edge MIVAN construction technology, eco-friendly elements, and elegant architecture. With a 18,500 Sq. ft. Clubhouse, meticulous attention to detail creates a luxurious living experience. Boasting over 100+ amenities such as Gaming Station, Infinity Pool, Mini Theatre, Gym, Multipurpose Hall, Amphitheatre, OSR Park, Kids Play Area etc., and advanced technological features, the development offers state-of-the-art smart homes. Each unit includes premium features like biometric/PIN-controlled door access, smartphone-operated door locks, and customizable light and fan control. The project also houses two commercial complexes with essential services, elevating the overall lifestyle. Navin’s Starwood Towers sets a new standard in upscale residential living, seamlessly blending modern technology, eco-conscious design, and convenience.
On the other hand, Navin’s Hillview Avenue offers exclusive ready-to-move-in 2 and 3 BHK homes on 11 acres, strategically located 15 minutes from the New Kelambakkam Bus Terminus and 3 minutes from the Outer Ring Road, ensuring excellent connectivity via the GST – ORR road. Designed for modern living, the property features wide black-topped roads, an opulent clubhouse, a multi-sports court, a children’s play area, a mini-theatre, and space for senior citizens. Phase I apartments in Amethyst, Coral, and Emerald blocks boast spacious rooms, expansive windows, generous corridors, and balconies with stunning views. Emphasizing sustainability, the green building incorporates eco-friendly materials, energy and water efficiency, rainwater harvesting, a sewage treatment plant, and fire-fighting arrangements. Navin’s Hillview Avenue signifies modern living with a commitment to environmental responsibility and resident well-being.
About Navin’s – Navin’s, a leading real estate player in Chennai, with over 125+ projects dotting Chennai’s skylines, believes that building homes is an art, and an exercise of intellect, careful precision, and passion. The motto of the organization has been to achieve a symbiosis of architectural brilliance, aesthetic appeal and excellent quality combined with ethical business practices. The Brand was the first in Chennai to receive the ISO 9001-2008 Certification and now upgraded to ISO 9001:2015 and bring to the table, Perfect titles, strict adherence to rules and regulations, excellence in design, quality constructions, care for customer needs and above all ethical business practices. Navin’s has won over 60 awards including Several awards from Construction Industry Development Council(CIDC); Best Professionally Managed Company award by CIDC , Several awards from Builders’ Association of India; PMAY award for Best affordable housing for the years 2019 & 2022, National Green Champion Award from the IGBC, and Most reputed developer of the year 2019 from ET Now to name a few.
