Urbanrise Codename Gold Standard
Urbanrise Codename Gold Standard is a large apartment project in Siruseri, OMR, Chennai. Developed by Alliance Group under the Urbanrise brand, it is located close to SIPCOT IT Park, one of the city's major IT hubs.
The project spans 10.13 acres and includes around 3,217 apartments across 8 towers, each rising 19 to 21 floors. The apartments are built with Mivan technology, which gives good strength and neat finishes.
The project was launched in January 2020. Most towers were finished by March 2023, and many residents have already moved in. It is RERA registered (TN/01/Building/0118/2019).
Location
Urbanrise Codename Gold Standard is located in Siruseri on OMR, a popular IT and residential area in Chennai. It is right behind the TCS office and near the SIPCOT IT Park. This is very convenient for IT employees, as they can save travel time and may even walk to work.
In terms of connectivity:
- The proposed SIPCOT Metro Station under Chennai Metro Phase 2 is around 2.5 to 5 km away.
- Schools like PSBB School, Chettinad School, and Sushil Hari International School are nearby.
- Marina Mall, BMR Mall, and OMR Food Street are close for shopping, movies, and dining.
As Siruseri continues to expand as an IT hub, housing demand has remained steady, especially for ready-to-move apartments.
Configurations
Urbanrise Codename Gold Standard offers compact apartments starting from 338 sq. ft. and going up to 896 sq. ft. The project includes Studio, 1 BHK, 2 BHK, and 3 BHK configurations. The available options are:
| Apartment Type | Approximate Size (sq. ft.) |
| Studio Apartment | 338 sq. ft. |
| 1 BHK | 510 sq. ft. |
| 2 BHK | 624 – 764 sq. ft. |
| 3 BHK | 896 sq. ft. |
The apartments are designed for smart and practical space use. They are suitable for singles, young couples, and small families who want an affordable home close to their workplace.
Price
At the time of launch in 2020, the price was between ₹2,800 and ₹3,200 per sq. ft. Studio apartments were priced at around ₹15 lakhs, which made them affordable for many first-time buyers and investors.
Over time, property prices have gone up because of the good location and the large number of IT professionals working nearby. In the resale market today, the Urbanrise Codename Gold Standard price is around ₹5,600 to ₹6,700 per sq. ft.
Estimated resale prices are:
2 BHK: ₹35 lakhs to ₹45 lakhs
3 BHK: ₹55 lakhs to ₹65 lakhs
This increase in price shows that there is strong demand for ready-to-move apartments in the Siruseri area.
Rental Potential
Urbanrise Codename Gold Standard rental demand is strong because the project is close to the IT offices. Rent varies based on the apartment size and furnishing.
Average monthly rent:
1 BHK: ₹10,000 to ₹12,000
3 BHK: ₹22,000 and above
Many tenants prefer this gated community for its amenities and easy access to work. This makes it a good option for buyers looking to earn rental income.
Amenities
Urbanrise Codename Gold Standard offers many shared facilities for comfort and leisure.
Main amenities include:
- A large 43,000 sq. ft. clubhouse
- Gym and swimming pool
- Indoor games area
- Tennis court and futsal/basketball court
- Landscaped rooftop spaces
- Central park
- Miyawaki-style urban forest
One distinctive feature is the Children's Learning Hub. This space is designed for tuition classes, music, dance, and robotics training within the community, which is helpful for families with school-going children.
Reviews
Urbanrise Codename Gold Standard reviews across major property platforms range between 3.8 and 4.4 out of 5. People appreciate the project's location close to SIPCOT, good rental potential, quality construction, and various amenities.
FAQs
1) Is the project RERA-approved?
Yes. The project is registered under RERA with the number TN/01/Building/0118/2019.
2) Are there ready-to-move apartments available?
Yes, most of the towers were completed by March 2023. The project is now mostly ready to move in, making it a good option for people who want to shift immediately or rent it out
3) Who is this project most suitable for?
Urbanrise Codename Gold Standard is a good choice for IT professionals working in Siruseri and on OMR. It is also a good option for first-time buyers who are looking for an affordable home in a gated community.
Urbanrise Group Prelaunch Project is Urbanrise Whispers of Sky.
