Akshaya
Est. 1995 · Chennai, Tamil Nadu · Privately held · Chennai
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Akshaya?
Design-forward developer (Abov — South India's tallest residential attempt on OMR) with premium city projects.
—
Completed projects (not disclosed)
—
Sq ft delivered (not disclosed)
—
Ongoing projects (not disclosed)
—
Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Akshaya in Numbers
Akshaya is a privately held developer founded in 1995, headquartered in Chennai, Tamil Nadu, active mainly in Chennai. We rate it 3.6/5 overall — mixed — which ranks 84th of the 212 developers we profile and ahead of 53% of them. Its strongest area is construction quality (4/5) and its weakest is financial strength (3.3/5).
Benchmarking
How Akshaya Compares
Each rating against all 212 developers we profile and the 13 in Chennai.
| Rating | Akshaya | Chennai average | Better than |
|---|---|---|---|
| Construction quality | 4/5 | 3.5/5 | 75% of developers |
| Delivery record | 3.4/5 | 3.3/5 | 53% of developers |
| Customer satisfaction | 3.4/5 | 3.4/5 | 53% of developers |
| Financial strength | 3.3/5 | 3.3/5 | 52% of developers |
| Trust | 3.6/5 | 3.6/5 | 53% of developers |
Buyer guidance
Should You Buy a Akshaya Project?
Akshaya carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Akshaya is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Ambitious design vocabulary; verify tower-specific progress on the flagship projects.
Portfolio
Notable Projects
Key Akshaya projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Akshaya: FAQs
Is Akshaya a good builder? ＋
We rate Akshaya 3.6/5 overall — mixed. Ambitious design vocabulary; verify tower-specific progress on the flagship projects.
Is Akshaya a listed company? ＋
No. Akshaya is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Akshaya deliver on time? ＋
Akshaya has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Akshaya completed? ＋
Akshaya has not published a completed-project count that we could verify.