guide to understanding why investing in an Akshaya Home is a wise financial
decision, for a life time. "Thus come many blessings to the man who owns
his own home. And greatly will it reduce his cost of living, making available
more of his earnings for the pleasures and the gratifications of his
desires". Own Thy Home. George S Clason "The Richest Man in
Buying a home is a once-in-a-lifetime
moment and an investment that will last beyond your time. So, it is only
prudent that you make a well-researched, informed decision. We've condensed the
collective experiences of a quarter century into 31 key indicators that will
serve as your quintessential Home Buying Checklist. You may want to keep a pen
and paper handy. Happy reading.
CUSTOMER FIRST APPROACH
For us at Akshaya, the rigour is to look at
the home-buying experience from the customer's point of view. Your point of
view. You are after all making one of life's biggest investments with us. What
would you want from a developer? What standards would you expect? What levels
of service would befit your investment? What processes will help ensure the
experience is pleasurable yet seamless? Over the years, we've come to realise
one thing. An informed buyer is not a threat, but an ally. An ally who helps us
push the envelope in terms of service and standards. Standards that value every
rupee invested. And service that feels like family.
#1 WHERE CUSTOMER SUPPORT FEELS LIKE FAMILY
Home-buying is not a mere transactional
process. It takes time and effort. It is a journey in itself - from site visits
to arranging for funds to checking all documentation to watching your home
being built brick-by-brick, to finally being able to move in on an auspicious
date. Our service executives ensure they are by your side at every step of the
way, meeting every query with an answer and every challenge with a smile. No
surprise then that for us, by the time you're taking possession of your home,
you've become family. ONE OF INDIA'S MOST TRANSPARENT DEVELOPERS In any industry,
the complexities of doing business are many. Real estate is no exception. That
is why we have, since day 1, ensured total transparency in every aspect of the
development of an Akshaya project. Total transparency from a developer means
total peace of mind for you, the buyer.
#2 100% UDS
Akshaya promises conveyance of 100% UDS for
all projects. This means that UDS is divided among all the residents. Akshaya
will not retain any part of the property.
#3 DETAILED AREA STATEMENTS
Akshaya is the first Real Estate Developer
to provide detailed area statement conveying carpet-area, built-up area, common
area, amenities area and an overview of the entire project without skipping any
#4 UNIFORM AGREEMENT CLAUSES
Any contract between the developer and
purchaser contains similar clauses for everyone in a particular complex. No
individual is especially vested with exclusive rights or preference, under any
circumstance. Akshaya treats all buyers equally.
#5 LAUNCH ONLY AFTER APPROVALS
All 160 projects built by Akshaya over the
past 24 years have all been prelaunched only after requisite approvals are in
place. So there is no room for error.
#6 TERRACE RIGHTS
Title to the terrace area on the top floor
in an apartment complex must be unambiguous to the buyers. The common right to
use the terrace should be expressly conveyed in the Builders Agreement of all
purchasers. This not only ensures that the purchasers get adequate freedom to
use the terrace area but also safeguards against unauthorised construction in
future and misuse. Akshaya ensures all owners have equal terrace rights.
#7 OPEN CAR PARK IS FREE, ALWAYS
Akshaya never sells open car parks. Under
the concept of UDS of land, no portion of land can be demarcated. Moreover, it
is not fair to offer it for a price as it is tantamount to selling the same
#8 SOIL & WATER TESTS
It is prudent to have soil and water tests
conducted before commencement of design and construction of a building. The
structural design of the foundation / structure should factor in the nature of
soil. Similarly, a water test certifies the quality of water in the water table
and its suitability for construction. The water test also indicates whether the
water is potable and suited for consumption. Getting into finer details is what
makes the difference. Because some things can’t just be tried, but have to be
#9 PRACTISING NORMS EVEN BEFORE THEY WERE
Akshaya has been following stringent
adherence to norms for the past 25 years, long before they came to be known as
norms like the Real Estate Regulation Act (RERA). DEFINING INDUSTRY STANDARDS -
IN QUALITY, OF LIVING AND IN BUSINESS When we design and develop a project we
are also responsible for the harmony of the community that will call it home.
This is why we take great care ensuring the spaces designed are considerate,
helpful and accommodating of everyone's needs, not just for the residents of
today, but for generations to come. From international architects to renowned
auditors, from the top banks in the country to the strongest NBFCs, from the
most reputed contractors to the best legal advisors, every partner is
diligently handpicked for each of our projects. Because for an Akshaya home,
nothing but the best will do.
#10 NUMBER OF HOMES PER FLOOR
We are very particular about keeping the
number of homes per floor to a minimum. This gives you the feeling of living in
an apartment complex, yet living an independent and private life.
#11 NO HOMES FACING ELEVATORS OR STAIRCASES
Apartments having lifts or staircases
facing the entrance make the place noisy and gives direct view into the homes.
No home is designed in such a way that it faces the elevator or staircase. Your
privacy is our utmost concern.
#12 NO OR MINIMUM COMMON WALLS
Common wall lets in sounds from adjacent
apartments and compromises your privacy and more common walls only make it
worse. There are no or minimum common walls between homes to ensure absolute
#13 PRIVACY BETWEEN TWO HOMES
Having doors opposite each other without a
considerable distance between the two homes will invade your privacy. Homes at
Akshaya either don’t face each other or have at least considerable distance
between them to ensure absolute privacy.
#14 DIFFERENTLY ABLED / ELDER FRIENDLY
FEATURES ACROSS PROJECTS
Akshaya cares for the differently-abled and
elderly and believes every place should be easily accessible for them. Slopes
in stilt area, braille signs & audio announcements in elevators,
differently abled-friendly toilets in ground floor and no sharp edges in common
areas are some thoughtful features in all Akshaya projects.
#15 DENSITY OF HOMES - TOTAL LAND EXTENT IN
SQFT / TOTAL UNITS
All Akshaya projects have been thoughtfully
crafted with ample space. There is only one home for every 350 sqft.
Elsewhere, there is one home for as low as every 50 sqft. This makes the whole
space feel really congested.
#16 DOUBLE PLASTERED WALLS
All our projects have double plastered
external walls to avoid seepage. This will also ensure that the finish is
smooth and symmetric.
#17 AC COPPER PIPING AND SERVICE PLATFORM
In order to avoid breaking of walls for
fixing air conditioners and better access for servicing the same, copper piping
and service platform are provided in living rooms & bedrooms.
#18 PIPED GAS SUPPLY
As a social responsibility initiative in
avoiding transportation of cylinders to each apartment (wasting fuel for
transportation), apartments are provided with piped gas facility in certain
projects where it is feasible.
#19 GARBAGE CHUTES
In certain projects, Akshaya provides
garbage chutes in every floor. This means lesser usage of lifts, thereby saving
maintenance and electricity charges. WHERE INNOVATION IS A CONTINUAL PROCESS
Innovation has been at the forefront at Akshaya, be it in efficient structural
design, use of imported glass, future-proof amenities or in developing Tamil
Nadu's tallest standalone residential tower - innovation and Akshaya evolve
hand in hand.
#20 160 PROJECTS, 160 SIGNATURE STYLES
From 436 pieces of glass imported from
Spain, each a unique color and size for Vibgyor, a commercial project in
Nungambakam, to a bungalow-like facade for White House, a residential 11-home
apartment in Adyar. From design inspired by heritage structures like Egmore
Railway Station to Saidapet Court and Presidency College for the residences at
Arcadia, to developing Tamil Nadu's tallest stand-alone residential tower in
Abov, on OMR with onehome-per-floor, each home about 6500 sqft in space. Every
project speaks volumes in innovation.
#21 FIRST-EVER DISNEY THEMED HOMES IN TAMIL
Akshaya is the first developer in Tamil
Nadu to introduce Disney themed homes at Orlando, Kelambakkam, OMR. Get your
entire house designed with original Disney characters!
#22 FIRST-EVER IKEA FURNISHED HOMES IN
Akshaya is also the first developer in
Tamil Nadu to bring IKEA designed interiors for the project Today, on OMR. You
can choose from a range of Traditional and Modern styles and cherrypick every
piece of furniture. Transport and assembly is absolutely free. What's more, we
also help you choose your paint to match your decor, so your home looks truly
#23 FUTURE-PROOF AMENITIES
At Akshaya, amenities are not mere
embellishments to a project, but thoughtful features that make life pleasurable
and fulfilling. Amenities like Infinity Pools(Tango & Levelup),
anti-current pools(Abov) and squash courts(Adora, Metropolis, Tango) made the
list way back in the 2000s. Now piped gas and pre-fabricated copper piping for
ACs are being inducted to future-proof your home.
#24 10-YEAR MAINTENANCE
Timely and efficient support from the
developer helps maintain apartments in good shape. You can be rest assured
everything will be taken care of for the first 10 years by Akshaya. OUTSTANDING
LEGAL SYSTEMS & ETHICAL BUSINESS PRACTICES 'Akshaya' in Sanskrit means
'eternal'. In the words of our Chairman & CEO, Thiru T. Chitty Babu, we
provide endless value creation and eternal asset creation. And ethical &
legal practices are at the core of that creation, at the core of the spirit of
#25 ZERO DEVIATION
Akshaya promises Zero Deviation in all its
properties. Over the past 24 years, Akshaya has not deviated by even a single
millimetre. All buildings are built as per Development Control Rules (DCR). It
is also categorically stated in the agreement that Akshaya indemnifies
customers from any deviation.
#26 INDEMNIFICATION FOR TITLE DEFECTS
A definitive clause in the Sale Agreement
states that said property is free from any encumbrance whatsoever and is not
the subject matter of any Court Attachment, pending litigation and mortgage. It
is also categorically stated in the agreement that Akshaya indemnifies
customers from any defects in title. BEING AN ENVIRONMENTALLY CONSCIOUS GREEN
DEVELOPER We have built over 5.3million sqft of energy saving,
environment-friendly green buildings. Our projects are pre-certified and
certified once again after completion by IGBC (India Green Building Council).
All our projects since 2008 have been Green Buildings. Akshaya is proud to be
the only developer with: 3 Platinum rated projects 8 Gold rated projects 3
Silver rated projects 2 Green rated projects
#27 SUSTAINABLE LIVING FOR A CLEANER
This means use of energy-efficient
materials, approved methods of water conservation, better design to aid cross
ventilation, reducing heat around the buildings thus helping lower power
#28 RAIN WATER HARVESTING
Responsible collection of rainwater saves
water and helps the environment. All Akshaya projects are designed in such a
way that there is absolute conservation of water - no water from outside the
premises comes in, and no water from inside goes out.
#29 RECYCLED WATER FOR LANDSCAPING AND
Judicious use of water goes a long way in a
better tomorrow. In any household, the most wastage/usage of water is flush
water. Akshaya ensures that in all its projects, recycled STP water is used in
each flush of each toilet of each apartment. Recycled water is used for
watering plants as well. CERTIFICATIONS AND RECOGNITION We at Akshaya have and
continue to raise the bar, setting the benchmark for the highest standards in
quality, health, safety, social accountability and environmental consciousness.
Akshaya has received several awards and accolades including being named Tamil
Nadu’s No. 1 developer by Construction Week (2018). For us, awards are not mere
ornaments that adorn the walls of our offices. Every award is a statement of
Akshaya’s commitment to quality, innovation and transparency.
#30 INTEGRATED MANAGEMENT SYSTEMS (IMS)
Akshaya’s excellence in its endeavours is a
result of Management practices as per upgraded Integrated ISO 9001-2015, ISO
14001-2015 and ISO 45001-2018 Management Systems and Social Accountability SA
8000-2008 certifications. Akshaya is one among 11 companies in India to get the
Integrated Management Systems (IMS) certification and the only developer in
India to have both IMS and Social Accountability (SA) certifications.
#31 ONE OF INDIA'S MOST HIGHLY RANKED
Akshaya ranks among the top 10 real estate
& infrastructure companies in India(Construction Week Survey) Akshaya is
one of India's most reputed real estate brands and the only one on the list
from Tamil Nadu - Bluebytes & TRA Research NDTV 'Most Transparent Developer
in India' Award CNBC / CRISIL 'Best Legal Systems' award 4 years in a row CNBC
/ AWAAZ 'Best Projects' Award for multiple projects CNBC / CRISIL 'Highest
Transparency' Award Builder's Association of India 'Outstanding Builder' Award
Thank you for taking the time reading this
blog. At Akshaya, we leave no stone unturned to ensure the experience is
pleasurable from the moment you make your first call to us, to the day you step
into your Akshaya home, and for years beyond as well. We hope this blog puts
you in a better position to choose your future home wisely. If you'd like to
buy a home with Akshaya, do call 90 2540 2540.