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About Nahar Group

Nahar Group is a premier real estate developer head quartered in Mumbai. Established in 1973, the Group has developed over 15 million square feet of prime real estate projects, making it one of the names to reckon with.

The Group has proved its proficiency in developing Integrated Townships, Lifestyle Residences, and Industrial and Commercial space. It has also established itself in the field of education with Nahar International School, which is affiliated to Cambridge School network, and in the healthcare segment by establishing an Eighty two bed (Approx.) state-of-the-art multispecialty hospital in Bhinmal, Rajasthan.

Nahar Group’s flagship project Nahar’s Amrit Shakti is an award-winning integrated township located in Chandivali, Andheri East, Mumbai. It boasts of over 40 high-rise towers across 125 acres of lush green landscape. The infrastructure created around Nahar’s Amrit Shakti comprises of a world class leisure and sports clubhouse- ‘Nahar’s Nectarfield’ ,Nahar International School, Nahar Medical Center, Nahar Business Center, Jain Temple, Supermarket and Shopping Avenue. More than 4,000 happy families including NRI’s have made Nahar’s Amrit Shakti as their permanent address.

After having established its repute in Mumbai, the group set its footprints in Balewadi, Pune by developing ‘F’ Residences. Nahar Group has also entered markets such as Ahmedabad, Rajasthan and now in Chennai with the ‘Tower of Adyar’.

Spearheaded by the visionary Mr. Sukhraj Nahar, Founder, Chairman and Managing Director and Ms. Manju Yagnik, Vice Chairperson, Nahar Group is recognized for its quality, reliability and professional approach that has earned prestigious awards for its domain expertise, management practices, corporate governance and corporate social responsibilities.

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Floor Plans


  • CHENNAI METROPOLITAN DEVELOPMENT AUTHORITY (CMDA) APPROVED :  Planning Permit No. C/PP/MSB-IT/61A to C/2013 & PP No.8129.
  • CORPORATION OF CHENNAI :  Building Permission No. CEBA/WDCN13/20022/2014
  • Project approved by all leading banks and financial institutes.
  • PROPOSED LAYOUT OF 1ST FLOOR AND 14TH FLOOR. EVERY CUSTOMER WILL BE ISSUED SEPARATE FLOOR PLAN ON FINALIZING THE FLAT.
  • NOTE :  All the specifications, designs, facilities, dimensions etc. are subject to the approval of the respective authorities. And the developers reserve the right to change the specification or features without any notice or any obligation as required by authorities

Location Map


Management


Mr. Sukhraj Nahar

“Actualization is the distinguishing factor between one who has a vision and a visionary.”

Mr. Sukhraj Nahar

Founder, Chairman & Managing Director

As Chairman and Managing Director, Mr. Sukhraj Nahar is at the helm of Nahar Group. Spanning over four decades, it is his vision that has translated wishes of millions into reality. A true entrepreneur in his own right, Mr. Nahar embarked on a journey with a clear vision of working with imaginations and an insight to create a team of people by bringing them together with a shared sense of purpose.

Such penchant for perfection, quality and on-time delivery are values that are today synonymous with the Nahar Group. Today the township concept is widely adopted across the nation and has changed the shape of the real estate industry. He has earnestly dedicated his every effort to build a rising momentum that has earned him several laurels both within the corporate segment as a business magnate and as a philanthropist.

Ms. Manju Yagnik

“Business acumen is about backing a vision with strategic planning”

Ms. Manju Yagnik

Vice Chairperson

Ms. Manju Yagnik has been associated with the Nahar Group for over three decades. Her core expertise lies in project planning, project development and marketing strategies. Her dynamism gets reflected in her process-oriented approach and thorough understanding of the changing market.

She is recognized as an industry icon for her thought leadership. Her firm belief in ‘no road map to success sans challenges’ has led the group to stupendous success and she attributes this success to a culture that believes in incessant betterment across functions. Her dedication has resulted in Nahar Group winning several prestigious awards and accolades at national and international platforms.

Her passion for creating unique land spaces, conceptualizing brilliant initiatives and understanding consumer behaviour makes her naturally a strong figure in the industry. The secret to her success is getting inspired by challenges and always thinking ahead of time.

She has won many awards and accolades which stand testimony to her corporate governance skills and contribution to the industry. Furthermore, she is also associated with many industry bodies nationally such as NAREDCO, CREDAI-MCHI, FICCI and RICS.

  • Artist’s Impression

    Building

Project

TN RERA No. TN/29/BUILDING/0173/2017

The Solicitously designed Tower of Adyar by Poompuhar Real Estates Pvt. Ltd., (a part of Nahar Group), is an epitome of premium living. Located in one of the finest neighbourhood’s of South Chennai - Adyar, this 14 storeyed residential complex is exclusively crafted for luxurious living. The plush 4 BHK apartments provide a feeling of openness without compromising on the privacy. It elevates lifestyle to another level, making it not only a modern masterpiece but also the perfect abode. An interior-living area elegantly integrated with the landscapes, brings perfect harmony with the beauty of its natural surroundings and the stunning seascape. These fashionable apartments with the finest fittings and comforts will certainly compliment a chic lifestyle.

Adyar’s premium-ness is one of the most revered areas in Chennai, and is now extended and applied to Nahar Group’s Tower of Adyar. The tower also provides a lifestyle with wide range of exclusive luxuries under one roof and enjoys the best address in the midst of amazing environs of the city. The detailing in the design is focused to create an extraordinary residential experience offering comfort, luxury and quality of life. The city has everything to offer, right from scenic beauties of Buckingham Canal, Tiruvanmiyur, Theosophical Society, Besant Nagar to the affluent and ever-effervescing Adyar River. The locale in and around Tower of Adyar makes it the most sought after space to own.

Amenities
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Location
Map
Floor Plans Management Gallery Video

NRI Buyers Guide


An Indian Citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident. (Persons posted in U.N. organizations and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian Origin are treated on par with non-resident Indian citizens (NRIs) for the purpose of certain facilities
For the purposes of availing of the facilities of opening and maintenance of bank accounts and investments in shares/securities in India. A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian origin, if, - he, at any time, held an Indian passport, or - he or either of his parents or any of his grand parents was citizen of India by virtue of the Constitution of India or Citizenship Act, 1955 (57 of 1955).

Note: A spouse (not being a citizen of Pakistan or Bangladesh) of an Indian citizen or of a person of Indian origin is also treated as a person of Indian origin for the above purposes provided the bank accounts are opened or investments in shares/securities in India are made by such persons only jointly with their NRI spouses.

For investments in immovable properties. (A foreign citizen (other than a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Sri Lanka, or Nepal), is deemed to be of Indian origin if, ) - he held an Indian passport at any time, or - he or his father or paternal grand-father was a citizen of India by virtue of the (Constitution of India or the Citizenship Act, 1955 (57 of 1955).
Reserve Bank has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property in India for their bona fide residential purpose. They are, therefore, not required to obtain permission of Reserve Bank.
The purchase consideration should be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/FCNR accounts maintained with banks in India.
They are required to file a declaration in form IPI 7 with the Central Office of Reserve Bank at Mumbai within a period of 90 days from the date of purchase of immovable property or final payment of purchase consideration along with a certified copy of the document evidencing the transaction and bank certificate regarding the consideration paid.
Yes. Reserve Bank has granted general permission for sale of such property. However, where the property is purchased by another foreign citizen of Indian origin, funds towards the purchase consideration should either be remitted to India or paid out of balances in NRE/FCNR accounts.
In respect of residential properties purchased on or after 26th May 1993, Reserve Bank considers applications for repatriation of sale proceeds up to the consideration amount remitted in foreign exchange for the acquisition of the property for two such properties. The balance amount of sale proceeds if any or sale proceeds in respect of properties purchased prior to 26th May 1993, will have to be credited to the ordinary non-resident rupee account of the owner of the property.
Applications for repatriation of sale proceeds are considered provided the sale takes place after three years from the date of final purchase deed or from the date of payment of final installment of consideration amount, whichever is later.
Applications for necessary permission for remittance of sale proceeds should be made in form IPI 8 to the Central Office of Reserve Bank at Mumbai within 90 days of the sale of the property.
Yes. Reserve Bank has granted general permission to foreign citizens of Indian origin to acquire or dispose of properties up to two houses by way of gift from or to a relative who may be an Indian citizen or a person of Indian origin whether resident in India or not, subject to compliance with applicable tax laws.
Yes. Under the general permission granted by Reserve Bank properties other than agricultural land/farm house/plantation property can be acquired by foreign citizens of Indian origin provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchasers' NRE/FCNR accounts maintained with banks in India and a declaration is submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.
Yes. Repatriation of original investment in respect of properties purchased by foreign citizens of Indian origin on or after 26th May 1993 will be allowed to be remitted up to the consideration amount originally remitted from abroad provided the property is sold after a period of three years from the date of the final purchase deed or from the date of payment of final installment of consideration amount, whichever is later. Applications for the purpose are required to be made to the Central Office of Reserve Bank within 90 days of the sale of property in form IPI 8.
Yes. Reserve Bank has granted general permission for letting out any immovable property in India. The rental income or proceeds of any investment of such income are eligible for repatriation.
Reserve Bank has granted general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc., and authorized dealers to grant housing loans to non-resident Indian nationals for acquisition of a house/flat for self-occupation subject to certain conditions. The purpose of the loan, margin money and the quantum of loan will be at par with those applicable to housing loans to residents. Repayment of loan should be made within a period not exceeding 15 years out of inward remittances or out of funds held in the investors' NRE/FCNR/NRO accounts.
Reserve Bank permits Indian firms/companies to grant housing loans to their employees deputed abroad and holding Indian passports subject to certain conditions.

Get in touch

 SITE ADDRESS

Tower of Adyar, New # 107 to 109, Old # 38 to 39, Lattice Bridge Road, Adyar, Chennai, Tamil Nadu - 600020.
  +91 86950 91817
  towerofadyar@nahargroup.co.in
🌐  www.towerofadyar.com

 OFFICE ADDRESS

B-1, Mahalaxmi Chambers, 22, Bhulabhai Desai Road, Mahalaxmi, Mumbai - 400026.
  Tel no.: +91 22 2352 2784 / 3390, Fax: +91 22 2351 0470
  sales@nahargroup.co.in
🌐  www.nahargroup.co.in

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The Project is financed by and mortgaged to JM Financial Products Limited and JM Financial Credit Solutions Limited and their NOC must be obtained.

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