For Non-Resident Indians (NRIs), real estate in India remains one of the most stable and emotionally fulfilling investment avenues.
In a world of changing economies and uncertain job markets, owning a home back in India not only offers financial stability but also a sense of belonging.
Among India’s prime metros, Chennai stands out as a city that blends steady economic growth with a strong housing market. Within it, Madhavaram — one of the fastest-developing corridors has become a preferred choice for NRIs looking for long-term value, safety, and modern lifestyle.
In this emerging zone, Urbanrise The Lakes Edge by Alliance Group represents a perfect opportunity a project that combines design excellence, strong infrastructure, and high appreciation potential.
Five Reasons Why Urbanrise The Lakes Edge is the Right Choice for NRIs
1. Prime Location with Promising Growth Prospects
Located in North Chennai, Madhavaram connects seamlessly to:
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Grand Northern Trunk (GNT) Road
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Outer Ring Road
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Upcoming Chennai Metro Phase II (Corridor 3 & 5)
This multi-corridor connectivity links residents directly to industrial hubs, IT corridors, and city centres such as Egmore, Kilpauk, and Guindy.
Why It’s a Smart Entry Point:
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Early-stage pricing, still affordable for NRIs.
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Strong upside once metro and road infrastructure are complete.
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Peaceful lake-facing surroundings (near Retteri Lake) — a rare mix of calm and convenience.
For NRIs, this location offers the dual advantage of urban accessibility and suburban serenity, ideal for both self-use and rental investment.
2. Reputed Developer and Transparent Delivery
Urbanrise, part of the Alliance Group, is one of South India’s leading real estate developers known for large-scale townships and on-time delivery.
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RERA-registered: TN/29/Building/0083/2025
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Compliant with all FEMA guidelines, ensuring secure investment for NRIs
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Proven track record across Chennai, Hyderabad, and Bengaluru
For NRIs investing from overseas, buying with Urbanrise means:
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Verified documentation and clear legal structure
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Transparent transactions
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Hassle-free communication and after-sales assistance
Urbanrise’s consistent execution record makes The Lakes Edge a dependable choice for global investors seeking trust and long-term performance.
3. Lifestyle-Focused Community with Over 100 Amenities
The Lakes Edge is more than an apartment project — it’s a self-sustained lifestyle community designed for modern Indian families and returning NRIs.
Project Highlights:
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2 & 3 BHK units from 998 sq.ft. to 1,578 sq.ft.
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MIVAN construction technology for superior build quality and longevity
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Over 100 amenities across wellness, entertainment, and leisure
Key Amenities Include:
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Clubhouse, swimming pool, co-working lounge
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Gym, yoga & meditation zones
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Amphitheatre and children’s play area
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Senior citizen spaces & landscaped gardens
This combination of urban amenities and thoughtful planning offers international-standard comfort — a major appeal for NRIs planning future relocation or rental income.
4. Strong Investment Value and Long-Term Appreciation
With prices starting at ₹85 lakhs, The Lakes Edge offers premium quality at a competitive entry point compared to South and Central Chennai.
Real Estate Performance:
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42.9% appreciation in Madhavaram over the past 5 years
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Projected annual growth: 6–8% post-metro completion
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Expected rental yield: 4–6% per annum
Why it matters for NRIs:
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Solid capital appreciation with liquidity potential
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Stable rental income driven by IT and industrial workforce
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Inflation-hedged, rupee-denominated asset in India
This makes The Lakes Edge an ideal hybrid investment — a premium residence that doubles as a performing asset.
5. Hassle-Free Ownership and Property Management Support
Managing real estate from abroad can be complex — but Urbanrise simplifies the process.
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Dedicated property management team for NRI owners
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24×7 gated security and maintenance services
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Transparent handover process with easy resale/lease options
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Assistance for NRI documentation, PoA, and banking formalities
NRIs can manage their homes remotely without operational stress, ensuring the property remains well-maintained and rent-ready year-round.
Urbanrise The Lakes Edge, Madhavaram — Quick Facts
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Aspect |
Project Highlights |
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Developer |
Urbanrise (Alliance Group) — South India’s leading real estate developer |
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Construction |
MIVAN Technology for precision & durability |
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RERA |
TN/29/Building/0083/2025 |
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Unit Types |
2 & 3 BHK (998–1578 sq.ft.) |
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Amenities |
100+ including clubhouse, gym, pool, co-working space, amphitheatre |
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Connectivity |
GNT Road, Outer Ring Road, Metro Phase II |
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Investment Return |
6–8% appreciation potential; 4–6% rental yield |
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Location |
Near Retteri Lake, Madhavaram, Chennai |
Why The Lakes Edge Is Ideal for NRI Buyers
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Strong Location Growth: Metro and industrial corridor proximity ensure appreciation.
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Developer Reliability: Alliance Group’s scale and delivery track record offer peace of mind.
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Lifestyle Upgrade: Premium design, 100+ amenities, and community planning.
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Ease of Ownership: End-to-end NRI assistance, from purchase to property management.
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Asset Stability: Balanced investment with recurring income and long-term capital growth.
For global Indians looking to reconnect with their roots while building financial security, The Lakes Edge provides the right mix of emotion and economics.