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Saturday 11 February 2012

The Space To Be

 A prominent name in Chennai’s real estate space, it has won the CNBC-CRISIL award for the Organisation with the Best Legal Systems in 2007 and 2008, and the Outstanding Builder Award from the Builders Association of India in 2007. With 147 projects covering two million sq ft in Chennai and Coimbatore, another four million in various stages of development and plans to expand into Madurai, Trichy and Salem, the company is set to leave a lasting impression on the cityscapes of Tamil Nadu. 

 

T Chitty Babu 

 

T Chitty Babu, Chairman and Managing Director, says "Innovation, trust and credibility have been the core traits that one associates with the Akshaya brand name. For over a decade Akshaya has pursued the highest standards of ethical business practices that has given us the reputation of being a transparent, fair and credible entity amongst stakeholders." 

 

Contact

  

Logo 

 

G Square 46

Old Mahabalipuram Road (OMR)

Chennai - 600 096

 

+91 44 2496 8811, 4200 8811

marketing@akshayahomes.com

 

 

 

 

Akshaya Chennai

  

 

Metropolis 

The design aesthethic of Akshaya reflects the professional approach of the company.

Award Winning Business Spaces

Since its inception in 1995, Akshaya has set higher standards for itself, inspired by the Sanskrit origin of its name, which means ‘endless pursuit’.

 

Founded by T Chitty Babu, a professional engineer, it has grown into one of the most respected real estate companies in the state, reputed for its transparent business practices and innovation.

 

It has streamlined its systems to earn ISO 9001:2000, ISO 14001:2004 and 72 Best of Chennai OHSAS 18001:2007 ratings, and was awarded the CRISIL DA3 rating in 2006. As an affirmation of its robust business practices, this rating was upgraded to DA3+ in 16 short months.

 

Says Babu, Chairman and Managing Director, “It is essential for a real estate developer to respect the importance of a home to the common man. We must ensure that we deliver value with each project, and at Akshaya, we lead by example.”

 

Akshaya is one of the early initiators of the extension of the boundaries of Chennai, foraying into OMR and GST Road for its projects. Among its residential buildings are the aesthetically designed Pacific City, Adair and Adora, and the commercial buildings are Stanz` Part and Gandhi Square. All of them reflect the business transparency and reliability of the company. It has put in place an extensive system to deliver clear title deeds, strict adherence to norms, timely delivery, and high construction quality.

 

Says Babu, “Over the years, we have found that ambiguities persist among home buyers pertaining to rights of ownership, maintenance charges and documentation modalities. A lack of insight into rules and regulations of civic bodies and other relevant authorities have proved detrimental for some. We realised there is a latent need for a forum or platform to empower all home aspirants about the finer details essential to buying a home.” 

 

 

 Nungambakkam project

Smart Homes

 Akshaya Home Facts, which disseminates essential information to home buyers, evolved from this need. This has grown to a movement to enlighten the customer about home buying rights, and for the past five years, the company has been conducting weekly workshops for people looking to buy property. The entire concept of Home Facts developed from the core belief that “an informed customer is never a threat to Akshaya but a catalyst for our growth.”

 

The company’s emphasis on professionalism is manifested in its systems and processes, which are backed by good corporate governance. In order to adopt best practices and introduce standards that are on par with other sectors, Akshaya has revamped its business model. It has empowered a 150 member team of experienced professionals led by CEO K Ravishankar, who previously worked with one of India’s leading conglomerates ITC, to run the business. Substantial investments have been made towards the improvement of process efficiency and cutting down the construction life cycle of the product and the company is now focusing on introducing environment friendly properties.

 

Akshaya Cares, the CSR wing of the company, focuses development initiatives towards helping lower socio-economic sections and empowering the underprivileged. The company’s latest value addition is digitally enhanced properties called Smart Homes, which provide wi-fi connectivity, digital answering machines, Smart Card based access and video surveillance. The Aikya project is the first Smart Home in Chennai.

 

 

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