Godrej Azure Phase 3 Listed as Ongoing—Chennai's Padur OMR Project Enters Active Sales Phase

Project Overview

Godrej Azure is a group housing residential development by Godrej Properties, located at Padur (OMR), South Chennai. The project operates as a multi-phase development with Phases 1 and 2 ready-to-move and Phase 3 currently under construction or in pre-launch. The development comprises 12 towers with 18 floors each and around 890 units.

Located in Padur along the rapidly developing OMR corridor, the project offers excellent connectivity to Siruseri SIPCOT IT Park, Sholinganallur, educational institutions, hospitals, entertainment hubs, and major commercial centers in South Chennai.

Configurations & Pricing

Godrej Azure offers 2, 3, and 4 BHK homes with sizes ranging from 1,025 to 2,750 sq. ft. In 2026, prices start from ₹79 Lakhs and go up to ₹2.23 Crore depending on unit size. The project offers 30+ amenities, including a 20,000 sq. ft. clubhouse, swimming pool, gym, indoor games, landscaped gardens, children's play area, walking tracks, and sea-view apartments.

Under the Godrej 1% Payment Plan, buyers pay 5% at booking plus 5% within 15 days plus 10% within 60 days of booking, then 1% per month across monthly instalments from September 2026 to September 2027 (with a 23% catch-up in March 2027), followed by 35% on Receipt of Completion Certificate and 10% on Notice of Possession.

Possession & Regulatory Status

As of 7 August 2026, Godrej Azure's project details indicate the property is current in its sales and regulatory standing. Possession for Phase 3 is expected by December 2027. The project is registered on the Tamil Nadu RERA portal under registration number TNRERA/35/BLG/0354/2025 and is currently in ongoing sales stage.

Padur–OMR Locality Context

Padur is a neighbourhood situated along the Old Mahabalipuram Road (OMR) in Chennai, Tamil Nadu, located approximately 35–40 kilometers south of Chennai city center and has become a popular area due to its proximity to the IT corridors of OMR, which house many technology companies, business parks, and educational institutions.

The real estate market in Padur has been experiencing steady growth, driven by its strategic location and improving infrastructure. The increasing demand for rental properties in Padur can be attributed to its proximity to major IT hubs, improved connectivity, and the development of social infrastructure. There has been a 46.60% growth in the price of 2 BHK flats over the last 3 years.

With the completion of Metro and East Coast Road link projects nearing, property prices are projected to cross ₹6,500 per sq.ft. by 2028, offering nearly double returns within eight years. Infrastructure and connectivity in Padur are well in place, with well-maintained roads, regular power supply, consistent water supply, and a functional drainage system.