RERA14 Mar 2025

Urbanrise The Lakes Edge, Madhavaram Secures Tamil Nadu RERA Registration

Urbanrise The Lakes Edge Secures Tamil Nadu RERA Registration

Urbanrise The Lakes Edge in Madhavaram, Chennai received its Tamil Nadu RERA registration (TN/29/Building/0083/2025) on 14 March 2025. The registration clears the regulatory framework for the developer to proceed with construction and marketing of this residential lakefront project.

Project Overview

The development sits adjacent to Retteri Lake with direct frontage on Balaji Nagar Road. The project spans approximately 5 acres and will deliver 558 units across 2 blocks with 18 floors. The apartments come in 2 and 3 BHK configurations.

The project employs MIVAN construction technology, which ensures durability, safety, and superior quality living. Possession is scheduled for September 2028.

Location and Connectivity

Madhavaram is positioned in North Chennai's emerging residential corridor. Nearby landmarks include Greenfield Int School, Meridian Hospital, and University of Madras. The area ensures seamless connectivity to key areas like Kolathur, Ambattur, and Anna Nagar.

The proposed Metro Phase 2 expansion from Madhavaram to SIPCOT near Poonamallee and Madhavaram to Shollinganallur is set to revolutionize the area's connectivity. For broader connectivity, the Guntur Chennai Highway, Rettri Bridge, and Madhavaram Round About are in close proximity; the site is also 2.5 km from Erukkancheri High Road, 1.5 km from the Inner Ring Road, and 0.5 km from Jawaharlal Nehru Road.

Retteri Lake as a Neighborhood Asset

The project's location alongside Retteri Lake places it within an area undergoing significant public infrastructure development. The lake has been earmarked for comprehensive revitalisation, with the Chennai Metropolitan Development Authority implementing a multi-phase upgrade programme as part of a broader initiative to restore major lakes across the metropolitan area by late 2025.

The Greater Chennai Corporation, working with the Tamil Nadu Tourism Development Corporation, is upgrading the lake into a vibrant waterside attraction with boating facilities, floating jetty platforms, eateries and visitor-centric amenities. The project aims to draw residents from Chennai and surrounding regions and expand the city's recreational tourism offerings.

Amenities and Design

The project offers a comprehensive clubhouse alongside extensive recreational facilities including a Children's Play Area, Outdoor Gym, and Half Basketball Court. Social and community engagement spaces include an Amphitheater, Banquet Lawn, Senior Citizen Plaza, and dedicated Ladies Kitty Corner. Wellness features include a Yoga & Meditation Lawn, Sensory walkway, and Infinity Walk. Terrace-level amenities include a Game Zone, Barbeque & Dining area, Seating Deck, Yoga Deck, and Reading Lounge.

The master plan delineates distinct zones for residential living, complemented by significant open green spaces and parks. Many units are strategically positioned to be 'LAKE FACING' or 'PARK FACING,' ensuring desirable views and easy access to natural surroundings.

About the Developer

Urbanrise is a known real estate brand in Chennai North and has delivered 7 projects so far. Urbanrise is South India's largest real estate developer recognized for quality residential projects across South India. Backed by the renowned Alliance Group, Urbanrise has delivered over 22,000 homes and has 72 million square feet under development.

Urbanrise Projects LLP was established in 2017, and operates as part of the Alliance Group infrastructure. Urbanrise has projects strategically located across key areas such as Padur, Perungalathur and OMR, providing excellent connectivity to IT hubs, schools, hospitals and entertainment zones.

RERA Registration and Consumer Protection

As a RERA-registered project, the project details and other important information are also available on the state RERA portal. The registration underscores compliance with the Real Estate (Regulation and Development) Act, 2016, providing regulatory oversight of project timelines, pricing, and possession schedules.

Related: URBANRISE THE LAKES EDGE

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