La Amethyst
- AVA00116Kovalam, Tamil Nadu, India
La Amethyst
- AVA00116Kovalam, Tamil Nadu, India
La Amethyst by GT Realty presents a rare opportunity to own exclusive villa plots in the serene coastal enclave of Kovalam, Chennai. Envision crafting your dream beachside holiday retreat or a tranquil retirement home within this meticulously planned gated community. La Amethyst distinguishes itself with lush landscaping, creating a verdant and peaceful ambiance, complemented by plug-and-play infrastructure, ensuring a seamless transition to coastal living. Residents will appreciate the convenience of nearby educational institutions such as Srinivasan College Of Engineering & Technology (12 km) and Government Arts And Science College, Nemmeli (3 km). Essential amenities are readily accessible, with the Mahabalipuram Town Market just 12 km away for daily needs and Chettinad Super Speciality Hospital within a 15 km radius for comprehensive healthcare. Seamless connectivity is ensured with Chennai International Airport a 65-minute drive (45 km), Mahabalipuram Bus Stand reachable in 12 minutes (11 km), Tambaram Railway Station a 55-minute drive (40 km), and convenient access to SH 121 highway within 20 minutes (13 km).
Property Details
- Micro-market
- Kovalam
- Configuration
- Plot
- Plot Area
- 1,400 sq ft
- Property Type
- Villa
- Built-up Area
- 1,324 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
Sep 2024
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Plot | 1,400 sq ft | ₹59.50 L | Sep 2024 |
Property Information
- Community: La Amethyst
- Project Name: La Amethyst
- Listing Price: undefined undefined
- List Date: Dec 28, 2025
- Days on Market: 112
- Listing ID: AVA00116
- Status: Under Construction
- Project Area: 1.75 acres
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- DTCP
- Fire NOC
- No
- RERA Number
- TNRERA/04538/2023
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold
- What you actually hold
- You hold freehold title to the flat or house, plus an undivided share in the land and common areas. In a society or apartment association you also hold membership rights.
- Key rules and restrictions
- The sale deed must be registered at the sub-registrar office in whose jurisdiction the property sits.
- Under-construction stock should be RERA registered in the state.
- A resale flat needs a no-objection certificate from the society and proof that maintenance dues are clear.
- Funds and process
- Domestic funds. Cash consideration of Rs 20,000 or more is barred under section 269SS. The buyer deducts 1% TDS under section 194-IA where the consideration is Rs 50 lakh or more.
- Taxes
- Stamp duty runs about 5% to 8% of the higher of consideration and circle rate, and registration fee is usually 1%. Several states give women buyers a rebate of 1% to 2%. Long term capital gains on a holding of over 24 months are taxed at 12.5% without indexation, with a 20% indexed option for residents on property bought before 23 July 2024.
- Verify before you buy
- Pull the encumbrance certificate for at least the last 30 years.
- Match the khata or property tax record to the seller's name.
- Confirm the occupancy certificate exists for a completed building.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.
Investment Information
- Capital Appreciation: 8%
Location
Kovalam, Chennai, Tamil Nadu, 603104, India
- Airport: Chennai International Airport - 45 km
- Railway: Tambaram Railway Station - 40 km
- Highway: SH 121 - 13 km
- Hospital: Chettinad Super Speciality Hospital - 15 km
- Tourist hub: Mahabalipuram - 11 km
- Grocery: Mahabalipuram Town Market - 12 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 8.6 / 10 | Kovalam Beach | Beach | October to March | 0 km |
| 8.6 / 10 | Madras Crocodile Bank Trust | Zoo | — | 5.7 km |
| — | Group of Monuments at Mahabalipuram | Historical site | November to February | 11 km |
| 8 / 10 | Covelong Beach | Beach | November to February | 0 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹35,146.841
per month
20 years • 8.5% interest • Fixed rate
₹35K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
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Net Rental Yield
1.2%
Monthly Income
₹5K
Rental Breakdown
This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.
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Social Infrastructure
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