Posted on September 11, 2010
The IT City of Bangalore is growing fast indeed. For many years it was a pensionerâ€™s delight. That was before the IT Revolution hit Bangalore. These days, techies, yuppies and even foreign expatriates working for MNC firms in Bangalore have given property development in Bangalore a big boost. Bangalore now has sprawling luxurious estates and beautiful buildings.
Some of the recent property developments in Bangalore are:
The Prestige Group premium project of â€˜Prestige Silver Oakâ€™ has been launched in Whitefield. The total area of the property is 17 acres and it has 146 villas and 32 low-rise apartments. The entire property is in a scenic locale and the company is pushing hard to make it the next level of luxurious living. The property is said to have a West-Asia style of architecture combining form and functionality, fantasy and practicality. The company is keen on the success of this project and hopes that it is set to become the landmark project of the company. The bungalows will have private gardens and the villas come in 8 kinds of models. The low-rise apartments will have 4 floors and each will have a distinct view of the outlying scenery. Clubhouse and other amenities will be provided. The built-up area is only 30 percent of 17 acres which allows for a lot a beautiful landscaping.
Puravankara Projects has launched multiple properties in Bangalore recently. Chief among them are Purva Skywood for those seeking luxury living on Haralure Road, Purva Vantage in South Bangalore, Purva Atria at Sanjay Nagar in North Bangalore.
Skywood has a value of Rs. 350 crores. It will have apartments with 2, 3 and 4 bedrooms in sizes from 1263 to 2340 square feet. The property is to be spread across a massive 12.75 acres. Apartments with size ranging between 1,263 sq. ft. and 2,340 sq. ft., will be spread across an area of 12.75 acres. It is in the vicinity of the electronic city, outer ring and Whitefield. Open spaces, elegance and pure luxury will be the hallmark of this property. The project has a nature-scape theme.
Vantage offers unblocked views, hence the name and the price range of the flats here is between Rs. 76-77 lakhs. Atria offers luxurious living in a central location and the price ranges from Rs. 74-90 lakhs.
3) The Ledge
The Ledge, a project by UNISHIRE, is located behind Jakkur Aerodome and offers 2, 3 and 4 bedroom residential flats. The area ranges from 980-2342 square feet. It is slated to be ready for possession in October 2011. It is positioned a premium â€œlow densityâ€ project. It is located in the most posh area of Bangalore, i.e. North Bangalore. There are Duplex apartments on offer as well. The price is Rs. 72 lakhs.
4) Sobha Classic by Sobha Developers
It is located off Sarjapur Road and offers 3 bedroom apartments ranging between 1752-2070 square feet. It is still in construction and is slated to be ready for possession by December 2013. The price range here is between Rs. 76-90 lakhs.
2 and 3 bedroom duplex apartments ranging between 1150-2596 square feet are on offer here. The project is located in South Bangalore. The project is in close vicinity of the IT hub, hospitals, malls and good education institutions. The premium duplex apartments are said to be detailed to perfection. The price for the apartments in Rs. 70 lakhs.