From Planning to Reality: Developing a Successful Town Square Commercial Project
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Developing a successful commercial project is more than simply constructing a building. It is about creating a destination that attracts businesses, customers, and long-term investors.
Town Square Commercial Development by Silversky Builders is a strong example of how strategic planning, location intelligence, and a clear understanding of market demand can turn a vision into reality. The project is located on the rapidly developing Puzhal–Ambattur High Road in Chennai, a corridor that is witnessing steady commercial growth. Designed with purpose, it aims to evolve into a regional hub for retail spaces, office units, and food & beverage outlets.
In this blog, we explore how commercial town square construction has progressed from the planning stage to the reality of premium commercial spaces. We also highlight the key aspects that make this luxury commercial project a promising destination for businesses and investors alike.
Vision Behind Town Square
The Town Square project was conceptualised as a modern landmark that seamlessly combines accessibility, visibility, and functionality. Designed to address evolving commercial needs, the development reflects Silversky Builders’ strong market insight and strategic planning.
With over 40 years of experience in Chennai’s real estate market, Silversky Builders is a trusted name known for quality construction and timely delivery. The developer brings credibility, execution strength, and a long-term vision to the Town Square project, having successfully delivered more than 1.5 million sq. ft. of residential and commercial spaces to 1,000+ satisfied customers.
Strategic Location: The Foundation of Success
One of the biggest strengths of Town Square is its prime location on the Puzhal–Ambattur High Road, a rapidly developing commercial corridor in Chennai. This strategic location offers excellent visibility, connectivity, and accessibility for businesses.
Key Location Advantages
100 feet of unhindered frontage, ensuring maximum visibility
Excellent connectivity to major parts of Chennai
Seamless access to logistics routes and high-footfall zones
Connectivity Highlights
Anna Nagar – 10 km
Ambattur – 8 km
Madhavaram – 5 km
Retteri & Moolakadai Junctions – 5 km
This strong connectivity makes Town Square an ideal choice for businesses that rely on daily customer footfall, efficient supply chains, and convenient employee access.
Project Overview and Key Features
Town Square is developed on a 36,000 sq. ft. plot with an 80-ft-wide access road, ensuring ample space and smooth traffic movement. The project offers a total leasable area of 47,018 sq. ft., thoughtfully optimised to support a wide range of commercial activities.
Key Project Details
Ideal for retail stores, office spaces, restaurants, and showrooms
Fire safety systems in place with Fire NOC obtained
34 basement car parking spaces and 100+ two-wheeler parking slots
Free two-wheeler parking available in setback areas
Well-planned layout suitable for both high-end brands and daily-need outlets
Positioned as a future shopping and leisure destination, Town Square brings together garment stores, cosmetic outlets, mobile showrooms, and dining spaces—making it a preferred commercial hub for the region.
Strong Market Advantages
The surrounding ecosystem is a critical factor in the success of any mixed-use town square development, and Town Square stands out strongly in this regard. Its well-planned neighbourhood environment supports sustained commercial growth.
Key Ecosystem Advantages
Proximity to Lakeside Residences, a premium gated community with 1,000+ families
Access to an affluent and stable customer base with strong spending potential
No direct competition in the immediate vicinity, offering early tenants a clear market advantage
Together, these factors ensure consistent footfall, strong brand visibility, and long-term business sustainability.
Educational, Healthcare, and Lifestyle Proximity
Town Square benefits from close proximity to leading schools, colleges, hospitals, and entertainment hubs, which significantly increases daily footfall around the project. Below are the key details highlighting this advantage:
Nearby Schools & Colleges:
Velammal Global School – 100 m
Omayal Achi College of Engineering – 100 m
Velammal Engineering College – 1 km
Hospitals:
St. Anthony’s Hospital – 4 km
DRJ Super Specialty Hospital – 5 km
Recreation & Shopping:
PVR Galaxy SLKS Mall – 6 km
AGS Cinemas – 9 km
This well-rounded neighbourhood ecosystem supports the appeal of Town Square for tenants and customers.
Rental Expectations and Investor Confidence
Town Square also provides you with a structured and transparent leasing model. Thus, it makes it attractive for investors who are looking for stable returns. Here are the details about the rental expectations:
Rental rate: ₹50 per sq. ft. per month + GST
Lease term: Minimum 6 years
Lock-in period: 3 years
Annual rent escalation: 5%
Security deposit: 6 months
Lease-free period: Up to 3 months
This premium commercial project ensures long-term income stability for property owners, supported by predictable rental growth and a strong, reliable tenant base.
Specifications That Support Long-Term Value
The project offers clearly defined lease terms, transparent CAM charges, individual electricity metering, and well-outlined maintenance responsibilities, ensuring operational clarity and minimal ambiguity. Additionally, annual CAM adjustments based on actuals, along with clearly communicated notice periods, help foster a strong and transparent tenant–owner relationship.
Why Town Square Stands Out
The project demonstrates how thoughtful planning and execution can transform a commercial property into a thriving business ecosystem. Its prime location, trusted developer credibility, modern specifications, and built-in customer base make it a compelling choice for retailers, business owners, and investors.
Book your shop at Silversky Town Square today and experience the advantages of owning a premium commercial space designed for long-term growth.
Enquiry Now
Contact us now: Call or WhatsApp: +91 - 80560 08855
Email: sales@silverskybuilders.com




