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MARG ProperTies Launches 'Kalpa Vriksha' at Karapakkam

~ 70 Signature Apartments in the heart of OMR ~
~Just behind South Chennai's biggest upcoming entertainment destination,
the MARG Junction Mall ~
~Set amongst top IT majors~
~Just 8kms from Tidel Park ~
~Spacious 2 and 3 BHK – 880 sq ft to 1502 sq ft~

Chennai, May 19, 2011: MARG ProperTies, the real estate arm of one of India's fastest growing infrastructure organizations has come up with yet another milestone project, Kalpa Vriksha under Urban Smart Homes category. The residential project is strategically located in Karapakkam, OMR and adjacent to MARG Junction Mall, South Chennai's biggest retail opportunity for business, leisure and entertainment at the IT corridor.

Kalpa Vriksha is set in a land area of 1.2 acres and comprises of 70 spacious apartments. The property will have 2 bhk apartments and 3 bhk apartments with size ranging from 880sq.ft. to 1502 sq.ft. The project is competitively priced at Rs 4500/sq.ft.

Speaking about the project, Mr. Ramakrishnan, CEO, MARG ProperTies said, "OMR renowned for IT and ITeS companies and touted as the IT corridor of Chennai, has witnessed drastic changes in the recent past. 1,50,000 people are employed in this stretch and another 2,50,000 will be employed in the next two years. With the area buzzing with lot of companies, it was apt for us to come up with a residential project around this area. Once fully developed, Kalpa Vriksha will become one of the very few life style apartment destinations on OMR. "

Kalpa Vriksha is located just 8kms from Tidel park. Set amidst IT parks, commercial establishments, shopping mall & multiplex, Golf course, etc., and located just off the main road (OMR) so the residents will enjoy noiseless, hustle less and pollution free home yet easily accessible from the buzzing IT Corridor. Some of the renowned companies in the neighborhood of Kalpa Vriskha are TCS, Cognizant, Scope International, Accenture, Mahindra Satyam, and HCL etc. The project is also location in close proximity to a few reputed educational institutions such as Sathyabhama University, M.N.M Jain College of Engineering, Thangavelu College of Engineering, KCG College of Technology and St.Joesph's College of Engineering.

The property comes with all basic and modern day amenities to satisfy the aspirations of the target group. The club house at this property will be a blend of convenience, essentials and entertainment and will have Gym & swimming pool, Outdoor play area and Indoor children play area. Each apartment has been carefully crafted to ensure ample ventilation and efficient unit plan with good carpet to saleable ratio.

ABOUT MARG PROPERTIES

MARG ProperTies, a leading name in the real estate space provides value enriched homes and builds everlasting relationships. Having already sold more than 2.5 million sq.ft. of residential space with many successful projects launched in the last one year, MARG ProperTies offers a wide range of Affordable homes, Urban Smart homes, Integrated townships & Ultra Luxury homes and is poised to build 20,000 homes. MARG ProperTies has added over 2500 happy customers to the MARG family till date.

The MARG ProperTies Promise: Delivering the right product with the right value; Better value to customers through economies on utilities, infrastructure and smarter technologies; Long term appreciation of property; Superior design and flexibility; Hassle-free maintenance support and On time delivery.

The MARG ProperTies Values: Sound investment, 100% Vaastu compliant, Trust, Great design and Assured quality

The MARG ProperTies offerings: Measure & Pay, Upgrade, Great Deals, Zero dead space and 24 X 7 Customer support (Online support, real time customer portals and on-line customer referral system, Relationship managers for personalized selling and consultative approach and Customer delight of Purchase, delivery and after sales experience).

For more information log on to http://www.margproperties.com

ABOUT MARG

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure, real estate development and services company. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of 'Permitted Security'. The holistic regional development undertaken by the group is unlocking economic prosperity and creating inclusive & sustainable growth models.

With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. The group is expanding its sectoral presence with airport projects in Bellary and Bijapur and Multi-level car park projects. Listed by Dun & Bradstreet among "India's Top 500 Companies 2010", today MARG Group has projects worth more than Rs. 5000 crores under execution, a seasoned human capital of more than 1000, global partners in the Infra space and offices spread across India, Singapore and China. The MARG CSR brand – MARG Parivarthan complements these business verticals.

More information on MARG is available on http://www.marggroup.com