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Sathesh on Chennai RE Prices Its been so long since I visited this site(used to be blog, now a website) Nice! Good job Uday!I am still waiting to buy the apartment in chennai. I am in no hurry. Cash is the king. Its going to be 50% down payment ;-) but ready to wait few more years. I dont see the market picking up anytime soon, either in India or in US ;)

XS REAL – La Celeste Pre Launch Offer Rs 4050- Near DLF IT Park

I know about this project for quite some time but it took a lot of time to get atleast some details from them. Check out XS Real’s new project. The Launch date is around Feb 18 and the price is Rs 4050 per sqft. Not exactly sure of the location but it is definately near chennai trade center.

Dear Folks,
Thank you very much for having contacted us and shown interest in our forthcoming residential developments.

We are quite excited to announce the unveiling of a grand residential project from the house of XS Real.We cordially invite you to our new residential project, La Celeste, off Mount Poonamallee road, near DLF IT Park.

The inspiration for La Celeste is the French architectural style. La Celeste is a collection of 426 magnificent and expansive French Bungalow apartments, housed into 7 precincts, surrounded by classical Gallic landscapes and spread over 10 acres.

La Celeste Bungalow Apartments range in size between 1450 sq.ft. to 1800 sq.ft. and are all of three bedrooms.

All details of La Celeste shall be revealed to you on February 18, 2008 which is the day we have scheduled the special soft launch. We shall start accepting bookings from February 18, 2008 onwards with an initial booking advance of Rs. 5,20,000/-.

We understand that the market price for apartments in and around the location where La Celeste is to come up, is Rs. 4200/- per. Sq.ft for ordinary projects.

As a token of goodwill we wish to offer you La Celeste apartments, on a first come first served basis at Rs. 4050/- per sq.ft. Please be aware that this price is likely to move up shortly after the soft launch gets underway.

XS Real Bungalow apartments are always special. The French Bungalow apartments slated to come up in La Celeste are more than special!

Please be ready with your booking advance cheque by February 18, 2008.

After all, great opportunities do occur rarely, don’t they?

With warm regards
S. Suresh – Vice President – Marketing

For Further Contacts:
S. Krishnaraj – DGM : 9841098083
M. Lakshmi Narayanan – Executive : 9841098026
S. Sudharshan – Executive : 9841098074

9 comments to XS REAL – La Celeste Pre Launch Offer Rs 4050- Near DLF IT Park

  • Arun

    Overpriced for the current market and the location near kathipara junction is bad.The plot value in mugalivakkam is low .

  • bhaskararao V

    This company has put up a roadshow about this la celeste in our organization. The price now is Rs3850/- to Rs3950/-.
    But still this is only for high end guys who can afford Rs75L minimum (for minimum sized apartment).These guys told minimum is Rs66L and one should not forget to add 15% of the money extra for doing up interiors,new furniture and etc.
    The apartment size varies from 1460 sqft and 1850sqft.
    Their brochures are good containing all french pictures and only one photo contains how your entrance of the flat looks like and overall view of the complex.

  • charan

    The apartments are very far from DLF IT park. Conveyence will not be possible unless you own a vehicle of your own.
    The rate is so high.

  • Shyam Sundar

    Hello Mr Suresh,

    We have booked 2 apartments in P4 ” La Celeste ” (B1A & B2A). We have received a copy of the sale agreement and some of the clauses in the agreement took me by surprise.

    1) The agreement says the penalty clause would be invoked if the project is not completed within 24 months from the ” Appointed date”. The term “appointed date” is not clear. Your sales team mentioned that the project would be completed within 18 months. We were under the assumption that the penalty clause would come into force from the 19th month, to our dismay the agreement says 24 months. So it looks like you are going to enjoy 6 months of our money interest free.

    2) The foyer / balcony in the apartment has a half wall which we feel is unsafe , especially with a 2 year old child at home. During my visit and at the time of payment of advance I had raised the concern on safety and it was confirmed to me by your sales team that we could close these using a grill at “extra cost” by your team . Now you team says this can be done only after possession and with the associations approval. I would not want to risk my son’s life for the sake of elevation and beauty.
    Same is the case with POT, where we would like to grow creepers which would require supporters.

    3) The agreement also says that we need to pay 6 months maintenance charge in advance apart from the corpus fund. This was again not mentioned by your team nor was it covered in your lovely booklet.

    Moreover you team feels that all these clauses are “common” for all builders, which we as “common man” should know.

    I am not sure if these things were not mentioned to us at the time of booking as a ” marketing strategy” or whether it a pure and simple “communication gap”. I will leave it for you to decide.

  • anoo manoj

    hi,
    I am looking to get more feedback on la celeste.Should i take the plunge or not.Have they kept their promises so far??????????????
    Anoo

  • Lakshmi

    Hi Anoo,

    I may not be able to comment specifically on La Celeste. My husband and I own an XS Real property in Chennai, my overall feeling is as a builder , this group focuses a lot on creating apartments with good looks and prestige value. However this will translate into some wasteful expenditure by the builder at “your cost”. You will likely pay for features and amenities that have very limited utility value in the long term. Construction quality is good, service and support by the team onsite is usually good, however I wouldn’t feel that way about the team at their corporate office. NOTE that I am sharing my feedback based on my experiences in 2003-04.

  • Anoo

    Hi Lakshmi,
    Thank u for your feedback.
    I have booked a flat in le celeste.Where r u staying?I liked the location.I am closer to the city than OMR.R ur buildings maintained well.The facilities, r they kept well?Am glad to know that at least the quality of construction is good.
    Have not felt the way u did at the corporate office till now but i will be watching out.
    Anoo

  • Balaji

    Hi,

    Those who have booked / thinking of booking apartment in La Celeste (XS Real), please join the below Orkut group. This group is to bring together everyone & share our opinions & experiences.

    http://www.orkut.co.in/Main#Community?cmm=97317543&refresh=1

  • J. Rajesh

    Hello Anoo,
    I am rajesh, i have booked an apartment in P1. do you any P1 owners in La Celeste?

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