About I5 Iris in Chennai West
i5 Housing & Properties, the developer behind I5 Iris, brings a considerable reputation for delivering reliable residential solutions across Chennai. Their established track record includes a portfolio of successful projects, underscoring a commitment to construction quality and timely project completion. For buyers considering I5 Iris, the developer's standing as a trusted name in Chennai's real estate sector translates directly into assurance regarding build integrity and adherence to promised timelines. This developer authority provides a significant confidence boost for purchasers investing in their Chennai property aspirations.
The geographic advantage of I5 Iris is undeniable, situated within the Poonamallee sub-locality of Chennai West. This residential address is strategically positioned for connectivity, lying close to major arterial routes such as NH48 and the Chennai Outer Ring Road, both approximately 21 kilometres distant. The Mount-Poonamallee High Road provides immediate access to essential services and commercial centres. Essential community infrastructure is readily accessible: Sri Krish International School is a mere 0.8 kilometres away, and Be Well Hospitals Poonamallee also stands 0.8 kilometres from the development. Furthermore, the Airport Metro Station is conveniently located 10.63 kilometres from I5 Iris, enhancing transit options for residents travelling across Chennai. This prime positioning ensures residents enjoy seamless access to urban amenities while residing in a developing Chennai locale.
I5 Iris presents a versatile range of apartment configurations designed to meet diverse household needs. Available are 1 BHK flats spanning 530 Sq.ft to 573 Sq.ft of built-up area, ideal for individuals or young couples. For growing families, 2 BHK apartments offer a more generous 1000 Sq.ft to 1083 Sq.ft of built-up space. Larger residences include 3 BHK flats, providing ample room with built-up areas ranging from 1289 Sq.ft to 1300 Sq.ft. The pricing for these well-appointed homes commences at ₹ 30.47 Lakh and extends up to ₹ 74.74 Lakh, reflecting a competitive market positioning within Poonamallee. This transparent pricing structure for the built-up area configurations makes I5 Iris an accessible option in the Chennai property market.
Life at I5 Iris is designed around essential conveniences and security. The residential project incorporates vital amenities such as dedicated car parking facilities, ensuring resident vehicles are securely accommodated. An efficient storm water drainage system addresses urban infrastructure needs, contributing to the development's longevity and resident comfort. Security is paramount, underscored by 24x7 CCTV surveillance across the complex, providing a constant sense of safety for all inhabitants. The presence of "Zero Brokerage Projects" also signifies a direct and transparent transaction process for prospective homeowners engaging with i5 Housing & Properties.
The construction status of I5 Iris is marked as ready to move, with project completion achieved in March 2024. This 'ready to occupy' status significantly de-risks the purchase for homebuyers, allowing immediate occupation or rental income generation. The developer, i5 Housing & Properties, has ensured the project meets contemporary building standards, although specific material specifications are not detailed. However, the timely completion and ready-to-move nature of this apartment complex in Poonamallee, Chennai, serve as strong indicators of the developer's commitment to delivering tangible assets to the Chennai real estate market.
As a residential project in Poonamallee, Chennai West, I5 Iris presents a strong investment case, particularly given its ready-to-move status and strategic location. While RERA registration is noted as not applicable for this development, the project's completion by March 2024 and its developer, i5 Housing & Properties, offer a solid foundation for buyer confidence. This housing development in Chennai represents an opportunity for individuals seeking immediate occupancy or a well-positioned asset within a growing urban corridor. The competitive pricing for these apartments in Poonamallee further solidifies I5 Iris as a noteworthy option for both end-users and investors in Chennai.
Unit Details :
1 BHK Flats
Built Up : 530 Sq.ft - 573 Sq.ft
2 BHK Flats
Built Up : 1000 Sq.ft - 1083 Sq.ft
3 BHK Flats
Built Up : 1289 Sq.ft - 1300 Sq.ft
Amenities in I5 Iris
Property Experts in I5 Iris
Sandeep Thakur
Area Expert Agent
Location
About Chennai
Chennai stands as South India's undisputed real estate powerhouse, where strategic investments transform into generational wealth. The city's dynamic property landscape spans from the bustling IT corridors of Old Mahabalipuram Road to the established residential enclaves of Adyar and T. Nagar, offering diverse opportunities for discerning investors. The Chennai real estate market benefits from robust infrastructure development, with the Metro Rail expansion connecting key localities like Porur,... learn more ↗
I5 Iris Location Map
Poonamallee, Chennai West, Chennai, Chennai
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About Developer
I5 Housing & Properties
Residential plots are gaining prominence as one of the most preferred property types. This trend was also reflected in our latest survey, where for the first time plots emerged as most preferred property-type with about 48 per cent respondents voting for it. While plots do score better over other property-types for better returns, this remarkable trend also indicates that buyers are now investing with mid-to-long term investment horizon.... learn more ↗
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Discuss / Review
Comment-
Rajesh Patel
This is my fit property purchase, so I was quite nervous. I chose I5 Iris because it is ready to move in and the developer, i5 Housing & Properties, seemed reliable. I bought a 1 BHK flat which is 530 square feet. It fits my budget perfectly, costing around 30.47 Lakh. The location in Poonamallee is promising, and it's good that it is close to the Chennai Outer Ring Road, nearby. I liked the car parking facility and the storm water drains mentioned in the amenities. The area is developing, so I think it's a good start for me. The built up area is comfortable for a single peon.
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Deepika Sharma
I wanted a secure and convenient place for myself. I5 Iris in Poonamallee seemed like a good choice. The 2 BHK flats are around 1000 square feet, which gives me enough room to set up a home office. The price for a 2 BHK is roughly 45 Lakh. The 24x7 CCTV surveillance is a major plus for a single woman. It's also good that Be Well Hospitals Poonamallee is nearby. The location in Chennai West is developing, and it's close to the Mount-Poonamallee High Road. I did notice quite a bit of traffic on the Mount-Poonamallee High Road during peak hou, which is a bit of a concern for my daily commute. The developer i5 Housing & Properties has delivered a ready-to-move project.
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Anjali Gupta
I am based abroad and wanted a comfortable place for my parents in Chennai. I5 Iris in Poonamallee caught my eye because it is ready to move in. My parents wanted a 2 BHK, and the size is good, around 1000 square feet. The price was around 45 Lakh, which felt reasonable for the amenities. It's close to Be Well Hospitals Poonamallee (0.8 KM), which is important for their health. The developer i5 Housing & Properties has included storm water drains, which is good for Chennai's monsoons. The 24x7 CCTV surveillance gives me peace of mind while I am away. The location in Chennai West is developing, so it should be convenient for them.
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Sanjay Mehta
I invest in properties with good future potential. Poonamallee is a rapidly developing area in Chennai West, and I5 Iris is strategically located. The project is ready to move, which is a plus for rental income generation. I looked at the 3 BHK configurations, which are around 1300 square feet, offering good space. The prices range up to 74.74 Lakh. The connectivity to NH48 and Chennai Outer Ring Road (both nearby away) is a major advantage for tenants. The developer i5 Housing & Properties seems to be building in a good growth corridor. The storm water drains are a thoughtful inclusion for this region. I'm expecting good rental yields.
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Priya Menon
Finding a home close to good schools was our priority. Sri Krish International School is close to I5 Iris, which is fantastic for our children. We looked at the 3 BHK options, which are around 1289 to 1300 square feet. This gives us enough space. The location in Chennai West, Poonamallee is developing well. We need a place that is ready to move in, and this project completion was in March 2024. The roads nearby like the Mount-Poonamallee High Road are quite accessible. We are a bit concerned about the dust from ongoing construction in the wider area, but it's manageable. The size of the 3 BHK is perfect for our family.
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Dr. Rohan Desai
Relocating to Chennai for work meant I needed a place quickly. I5 Iris being ready to move was perfect. I chose a 1 BHK flat of 573 square feet. The price was about 33 Lakh. The proximity to Be Well Hospitals Poonamallee, nearby, is incredibly convenient for my professional. Also, the Airport Metro Station is nearby, which is manageable for travel. The developer i5 Housing & Properties has provided essential amenities like car parking. The built up area is sufficient for my needs as I will be spending most of my time at the hospital. The location in Poonamallee is quite accessible.
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Arun Kumar Sharma
We were looking for a ready to move flat near the highway. I5 Iris in Poonamallee seemed like a good option. The 2 BHK flats are between 1000 to 1083 square feet, which is a decent size for us. It is close to Mount-Poonamallee High Road, making commutes easier. We visited the site last week and the construction quality looks good. The price range of 30.47 Lakh to 74.74 Lakh is also within our budget. We are considering booking a 2 BHK here. The 24x7 CCTV Surveillance is a good security feature. The developer i5 Housing & Properties has a decent reputation.
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Sunita Rao
We needed more space than our rental apartment offered. I5 Iris has 2 BHKs starting from 1000 square feet, which is a good upgrade. The price for a 2 BHK is around 40-50 Lakh, which we could manage. Being ready to move in was a big plus for us. We liked that Be Well Hospitals Poonamallee is very close, nearby. This gives us peace of mind. The location in Chennai West is developing nicely. The built up area of the 2 BHK is spacious enough for our needs. The developer i5 Housing & Properties has delivered on time, which is reassuring. The 24x7 CCTV surveillance adds to the security.
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Anand Kumar Singh
As a government employee, I look for value and reliability. I5 Iris in Poonamallee offered a 1 BHK flat for around 30.47 Lakh, which fit my budget. It is ready to move, so no hassle of construction delays. The size of the 1 BHK is 530 square feet, which is adequate for me. The location is decent, and it's good that Sri Krish International School is nearby at nearby, in case I have family visiting. The developer i5 Housing & Properties has included 24x7 CCTV surveillance, which adds to the security. The built up area is practical for a single occupant. The proximity to Mount-Poonamallee High Road is also beneficial.
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Amit Jain
I evaluated I5 Iris from a financial pepective. The price range from 30.47 Lakh to 74.74 Lakh seems competitive for the area in Chennai West. I looked at a 3 BHK, which has a built-up area of 1300 square feet, offering good value per square foot. The project being ready to move in March 2024 means immediate possession and no waiting for completion. Connectivity is a strong point with proximity to NH48 and Chennai Outer Ring Road, both nearby. The developer i5 Housing & Properties has focused on essential amenities like car parking and storm water drains. The zero brokerage is also an attractive point for buyeThe built up area is substantial for a family.
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Vikram Singh
For my business, proximity to major roads is key. I5 Iris is near the Mount-Poonamallee High Road and also close to NH48 and Chennai Outer Ring Road. This connectivity is excellent. I purchased a 3 BHK apartment, which has a built-up area of around 1300 square feet. The price for this was about 74.74 Lakh, which is on the higher side, but the location and size justified it for me. It's ready to move in, so no waiting period. The zero brokerage aspect was also attractive. The developer i5 Housing & Properties offegood amenities like car parking. The overall development in Poonamallee is also a positive sign for future appreciation.