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RERA TN/35/BUILDING/0565/2024

6% Rental Yield | ₹21,500 monthly Rental

A pre-leased 1BHK at Pinnacle Tower, Kandigai. Elements pays you ₹18,500 to ₹21,500 every month from the 3rd month after handover. All-in from ₹37 Lakhs. No hidden costs. You own the property; We manage it.
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Pre-leased. 6% yield, paid monthly


Pinnacle Tower sits on the Vandalur-Kelambakkam corridor in Chennai South. GTB reserves the entire block for senior living rental. You buy a 1BHK in a fully operational community. Elements signs as single tenant and runs everything: staffing, services, maintenance, collections.

Your contracted yield is 6% per year. Monthly disbursals start from Month 3 after handover. No vacant periods. No tenant chasing. No calls on weekends.


No other senior living launch in Chennai South sits at this intersection of metro access, IT corridor, inter-city bus terminus, and healthcare infrastructure.

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OFFER HIGHLIGHTS

Three things most investment properties do not offer

Pre-Leased Apartments

Elements is your tenant from Day 1.
You do not wait to find a tenant.

5 Yr Lock-In & 10% Step-Up

Your cashflow is visible through Yr 5 today.
Rental steps up 10% at Year 3.

Bank-Backed Financing

SBI & Kotak Pre-Approved Loans
Open to resident Indians and NRIs.

Two 1BHK layouts. One yield. 25 units total

Block B has 25 one-bedroom apartments across two layouts. Both layouts carry the same 6% contracted yield. Choose the ticket size to match your budget.

Type-I · 1BHK

5 UNITS

506 sq ft saleable · 359 carpet · 155 UDS
  • Unit price (incl. 1% GST)₹33,21,890
  • All-in cost (excl. stamp duty)₹37,00,619
  • Monthly rental₹18,500
  • 5-yr aggregate₹11,10,000
  • Indicative rental yield6.0% p.a.

Type-II · 1BHK

20 UNITS

595 sq ft saleable · 383 carpet · 220 UDS
  • Unit price (incl. 1% GST)₹33,21,890
  • All-in cost (excl. stamp duty)₹37,00,619
  • Monthly rental₹18,500
  • 5-yr aggregate₹11,10,000
  • Indicative rental yield6.0% p.a.

Four growth drivers, all within 15 minutes

Vandalur-Kelambakkam is Chennai South's next major infrastructure corridor.
Your property sits at the convergence of four growth drivers.

Off Vandalur-Kelambakkam Road

The only road in Chennai South connecting GST, OMR, and ECR in a single stretch. 2 minutes to Kandigai market. 10 minutes to GST Road at Vandalur. 15 minutes to OMR at Kelambakkam.

OMR, IT and Education Belt

White-collar employment along OMR sustains rental demand year-round. SRM, VIT, and Crescent University bring 80,000 students and faculty to this catchment. Renters do not leave this corridor.

Kilambakkam Bus Terminus

Operational since 2023. Asia’s second largest bus terminus by capacity. Inter-city routes relocated from CMBT. ₹2,400 Cr of commercial development announced within 5 km.

Chennai Metro Phase 2, Corridor 5

Under construction. Operations begin 2027. The Kilambakkam interchange sits 3.5 km from the site. Phase 1 metro corridors recorded capital appreciation after connectivity opened. Phase 2 is where the window sits today.

25 units. First-come pricing.

5 of the 25 are already reserved. The next tranche launches at a higher ticket.

Floor Plans

Here’s Where We Are

FAQ

What if Elements does not pay the rent?

The lease is a contractual obligation. Elements operates fully occupied communities in Chennai, Bengaluru, and Mysuru. Rental payments to owners are senior to operator margin. Your lawyer reviews the lease before you sign.

Selling your unit

You hold clear title. The asset is freely transferable. A buyer inherits the lease, making the asset attractive to the next investor.

What happens after Year 5?

The lease carries renewal options. Terms for Year 6 onward are discussed at signing.

Is the 6% yield net or gross?

The contracted 6% is the gross disbursal on all-in cost. Maintenance and management are handled by Elements. Nothing is deducted from your rental.

Is this RERA registered?

Yes. RERA TN/35/BUILDING/0565/2024.