Chandra Builders Enterprises Ltd (CBEL) was started in the year 1994 as a public limited company with Dr C. V. Ananthasayanam as its Managing Director. CBEL is sister concern of National Company a partnership firm which had its humble beginning in early 1940’s when its founder Shri.N.Munusamy Mudaliar started his career as a maintenance person involved in repairing and replacing plumbing lines in Government buildings including Rajbhavan. Impressed with his good work, the then Governor of Madras, an English man, recommended to the Engineer-in-charge to get Shri. Mudaliar registered as a contractor with P.W.D. Accordingly Shri Mudaliar started his carrier as a P.W.D contractor and named his firm as ‘National Company’ and had also registered its name as a contactor in 1954 in P.W.D.
His hard work, business acumen and good public relations, has built up the company to the level it is today. The first major constructions in 1960 were the Police Radio building on Beach road and The Students Hostel at Saidapet on Mount Road.
Many prestigious projects such as ‘Kuralagam’(2,20,000 sq.ft) at Esplanade, 10 storied Namakkal Kavignar building (4,40,000 sq.ft) for Secretariat, Centenary building (2,00,000 sq.ft) for Chennai Port Trust, Orthopedic and Nero surgical blocks in Government General hospital, 80% of the buildings in Salem Engineering college campus, 60% of the buildings in Central polytechnic, Taramani, and several buildings, labs, and hostels in Guindy Engineering college campus. The TWAD Board building and the Board of Revenue building on Kamarajar salai (Beach road) were also built by the company in a record time.
The 1970's , saw the company foray into construction of bridges, pile foundation and pre-stressed concrete structures. The company has built nearly 20 small and big bridges in and around Chennai, the important ones being the ‘Thiru-Vi-Ka bridge across Adyar river, bridge across backwaters at Thenpakkam near Marakanam, a pre-stressed concrete deck bridge near Cuddalore and Okkiam Thorappakam for Veeranam project and scores of bridges across Cooum and Buckingham canal in Chennai city.
The company pioneered in the construction of pre-tensioned, pre-cast, steam cured beams for bridge decks and constructed many single and multi-span bridges in the city using this technique.
The company stopped Government contracts a decade and half ago and started promoting and owning buildings for real estate purposes. The important among them being the ‘Padma Complex’ (1,50,000 sq.ft) at Nandanam where Apollo Cancer Hospitals function from, ‘NC Complex’ at Tambaram. CBEL has forayed into commercial and residential buildings in collaboration with National Company since 1994 and many residential accommodations at Guindy, Tambaram, Saidapet, Sriperumbudur and at Anna Nagar, Chennai.
National company also owned and operated two theatres at Tambaram and Virugambakkam (Thats where Chandra Metro Mall is now functioning) two theatres were constructed by the company. Besides, its has also constructed Kalyana Mandapams on Arcot road and operated the same.
The company is registered with the Registrar of firms. Shri Mudaliar and his Engineer son-in-law Dr.C.V.Ananthasayanam were the Managing Partners of National Company. Shri Mudaliar died in the year 2001. Today the business of National Company is being conducted with Dr.(Mrs.)Chandra Ananthasayanam and Dr.Arjun A.Raja as Partners.
MALLS – The Future of Family Entertainment
Indian Economy is poised for a big leap. With highest percentage of population graduating from poor to middle class and middle class to upper middle class and offer the largest consumer market.Today's Typical Indian consumer is very aspirational who aims at the best things in life. His spending pattern is making luxuries into absolute necessities. Consumers today have started spending more on life style categories like restaurants, movies, shopping and entertainment. Today shopping in Indian is not a chore but a pleasant experience. Though Chennai is blessed with a beach as an entertainment for all class of people The mall culture does not seem to be lagging behind anymore...Destination shopping is now only restricted to non impluse purchase like silk sarees and Gold. A mall like Chandra Metro Mall is the ideal place for a family get away, shopping at E zone, Food Bazaar or Pantaloons and huge food court for a sumptuous meal with more than 15 varities of best restaurants and fast food joints. Whats more the 5 Screen Cineplex is set to make an outing enjoyable. Chennais First Mall to have Puzzle parking, its large, less cumbersome and at nominal parking charges.
Chandra Mega Mall is located at Virugambakkam, one of the rapidly developing areas in the City. The proposed Mall is not only close to the inner ring road for Chennai, but also close to the proposed expansion of Chennai Airport near Porur. The Mall is located on Arcot road, which is the gateway to porur, Poonamalle and Sriperumbudur, wherein a large number of multi-national giants in IT, Telecom and Automobiles are located. A large number of Engineering, Medical Colleges are in close vicinity. A fast developing residential colonies in and around Porur and Virugambakkam provide excellent client – base. The commuters to these areas from and to Chennai have to pass through Arcot Road being one of the arterial routes of Chennai, thus ensuring a good number of foot falls into the Mall.
The pre-dominant residential convas just in and around and right in front of the proposed Mall is the biggest plus point for the project. With mammoth residential complexes – each comprising 500 / 1000 flats already occupied / to be occupied within next 12 months promoted by reputed promoters like Ceebros, Arihant, Doshi, Alsa, Vijay Shanti etc., will be occupied by the new found rich from IT, Telecom, Film and Entertainment. Flats promoted by Corporates like LIC, RBI, MES, DEFENCE, HIG etc., add to the affluent list of end –users. Stretching from KK Nagar, Vadapalani and Koyambedu on one side, Valasaravakkam. Virugambakkam, Porur on the other provide the right feeder for the Mall. People now dont need to have a stressful journey to relax for a few hours.
BUILDING OF THE MALL
Chandra Mega Mall is spread over a land area of 1.35 acres housing a building of Basement plus 4 floors. The total built up area is about 1, 43,130 sq.ft achieving and FSI of 1.94 with a plot coverage of about 48.84%. The shopping area spreads over an area of 73194 sq.ft in the ground and a part of second floor. A Food Court spreading over an area of 10000 sq.ft is also located on the second floor. Third, fourth and fifth floors accommodate 5 Multiplex theatres with 1300 seat capacity.