Online home interior brand, HomeLane.com Friday announced setting up of the second largest experience centre in the city.
The experience centre is located at Thoraipakkam on Old Mahabalipuram Road and aims to cater to the needs of the population in the region.
In a statement, the company said, "it aims to invest Rs 10-12 crore in the market over the next two years. With 10 experience centres across India in top five cities, the company is expanding fast."
"Chennai, with its huge real estate potential, has emerged as one of our prominent markets in South India," company chief business officer, Tanuj Choudhry said.
"Our addressable market is 15,000 of the 20,000 units coming up (in Chennai)..we are witnessing a steep demand and interest from new home buyers..," he said.
The new experience centre here is spread across 4,000 square foot over two floors and showcases traditional designs.
The Centre is powered by SpaceCraft, HomeLane's proprietary virtual design platform, the release added.
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