SJR Parkway Homes is the latest project launched by SJR Primecorp which is one of the leading real estate company in India. This project is currently launched as the pre-launch project and the initial bookings are offered with the discounts. If you are looking for more details, please call to the contact details provided with this article. This article explores the features of the project and advantage of the location. Also points out if any drawbacks in the project and recommends who can buy this property. If you have any questions, please write it in the comments section.

If you have any queries, contact at 9900213086

SJR Parkway Homes is build on 9.5 acres. This project has total number of 7 towers and G + 15 Floors. Total number of units in this project is 800 flats. Key distances from important places Total Mall – 4.5 Km, HSR Layout – 6 km, MG Road – 14 km, Marathalli – 10 km, Koramangala – 7 km and Silk Board – 6 KM.

• Prestige Royale Gardens

Where is Parkway Homes located?

Parkway Homes is located off Sarjapur road, close to HSR Layout and Mico Bosch. This project is located near to most of the popular IT companies. The nearest localities from this project is Sarjapur Road, Electronic City, Wipro corporate office, Infosys, Oxford School, VIBGYOR School, Narayana Hrudayalaya and Total Mall Sarjapur. Apart from the above list, many other shopping malls and prominent places in the city is easily accessible from Parkway Home’s location. The below route map clearly depicts the location of this project.

Parkway Homes Unit Sizes and Price

Parkway homes is available as 1 BHK, 2 BHK and 3 BHK flats.

• 1 BHK — 638 sq. ft.
• 2 BHK — 963 sq. ft. to 1249 sf. ft.
• 3 BHK — 1451 sq. ft.  to 1708 sq. ft.

The price of the units as follows:

• 1BHK – 26 L + Other charges
• 2BHK – 35 L to 45 L + Other charges
• 2.5 BHK – 47 L + Other charges
• 3BHK – 55L + Other charges

The following are amenities offered in this project: Indoor Badminton Court, Basketball Half Court, Swimming Pool, Paddle Pool, Convenience Store, Cycles, Cycling Track, Squash Court, Tennis Court, Gym, Billiards, Library .

If you have any queries, contact at 9900213086

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

This is one of the frequently asked questions from our readers. I have received a specific question from one of our reader, “I have inherited an agricultural land. I want to sell it some one else. What are the legalities involved?”. The answer is, there is no problem in selling the land to others if you are the only owner of the land. But, there are certain restrictions apply to selling the agricultural land. The rules are much different from selling a normal plot in urban area compare to selling a agricultural land in rural area. The rules vary for each state, these rules are very strict to protect the agriculture in our country.

You must note that agricultural land can be sold to only person who is eligible to hold that land. The requirements are different for each state. For example, in Maharashtra, the buyer would be required to be an agriculturist as per the a land laws and he has to produce the required documents as proof of being an agriculturist.You need to check with your local state rules before selling the land. Otherwise it would become a legal issue. For example, you can not sell a agriculture land for the purpose of constructing commercial complex.

• Agriculture Land and Capital Gains
• When Agriculture Land is Capital Asset?
• Capital Gains on Agricultural Land

If the land is owned by multiple people, others has to provide the no objection certificate for you.The sale deed should be attested by two attesting witnesses and must be duly stamped and registered with the applicable sub-registrar. Hope this helps you to understand the legal formalities involved in selling the agricultural land.

If you have any questions on the gift taxes, please post it in the comments section. If you want to receive future articles from me, please subscribe here.

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

Prestige Royale Gardens is the latest pre-launch project offered from the one of the popular and well reputed builder in Bangalore, Prestige Group. Prestige Group has very good reputation among the customers since they have completed several projects in Bangalore including Malls, IT Parks and world class Residential apartments like Prestige Fens, Prestige Mistry Waters, etc. in Bangalore. The latest project Prestige Royal Garden is located at Yelahanka – Doddaballapur Road, Located off BIAL Road. Yelahanka is the most happening location in Bangalore for the real estate market in the current scenario. The project to be built on 20 acres will offer luxury apartments in 1, 2, 2.5 & 3 BHK options.

• SJR Primecorp Parkway Homes

List of Prestige Projects in Bangalore

• Prestige Fens Residency
• Prestige Silver Sun
• Prestige Glenwood Villas

Prestige Royale Gardens is expected to be completed within 3.5 years from the date of official launch.

If you have any queries, contact at 9900213086

Prestige Royale Gardens  Project Details

• Project Name     – PRESTIGE ROYAL GARDENS
• Project Area      – 20 Acres
• Location            – Located On Yelahanka – Doddaballapur Road
• Development Type – Residential  (Apartments ) , G + 15 , 1600 units

Prestige Royale Gardens  Amenities

• Club House
• Health club
• Badminton / Tennis Court / Squash Court
• Billiards
• Carrom
• Chess
• Table Tennis
• Childrens play area
• Gymnasium
• Function Hall
• Jogging Track
• Amphitheater
• Swimming Pool
• Provision for convenience store

Prestige Royale Gardens Price

• 1 BHK – 590 sft – 25 Lakh
• 2 BHK – 1313 sft – 54 Lakh
• 2.5 BHK – 1360 sft – 56 Lakh
• 3 BHK – 1765 sft -  70 Lakh

• As on 20th December, 3800 per sq. ft. Known from the sources the said price will be only for few units, there will be price hike after few units are sold. Price hike for each floor is Rs.20 sq. ft. The price for car parking is Rs.300000.
  • Update: Current price is 3900 per sq. ft.

• Booking amount  for royale gardens as follows:
  • 1 BHK- 2 Lacs
  • 2BR- 3lacs
  • 2BR+Study – 4lacs
  • 3BR-5lacs

Why you should choose Prestige Royale Gardens?

• The reputation of the builder is good. The track record and completion time of the builder stands good compare to any other builder in Bangalore. This makes Prestige Royale Gardens a good buy.
• Pre launch price is 3800. In the current market trend, even the small builders quoting above 3000 per sq. ft. without any amenities. This is reasonable price and would increase in after the pre-launch is over.
• This looks very reasonable and an excellent investment opportunity. This area has top schools and good infrastructure and greenery

Concerns on this project

• There is a railway track very close to this project. It is normally a disadvantage if residents wants very peaceful, but it has the advantage of staying very near to the main road.
• The railway track is having 2 trains per day, known sources said.
• The completion would 3.5 years of time, but it would be within the given time knowing the track record of the prestige group. If you want the property in short span of time, it is not advisable to book it here.
• 3BHK units have only 1 balcony. It is not a spoiler. If you have utility, then it would be fine.

Floor Plans for Prestige Royale Gardens

Prestige royale gardens offers three types of flats: 1 BHK, 2 BHK, 2.5 BHK and 3 BHK. See the below image for the detailed floor plans for the each flat type. If the image is not clearly visible, please click on the image and view the full image.

1 BHK (590 sft)

2 BHK (1313 sft)

2.5 BHK (1360 sft)

3 BHK (1765 sft)

Master Plan

Prestige Royale Gardens Location

If you have any queries, contact at 9900213086

If you have booked a flat in the Prestige Royale Gardens, please share your experience with us.  Post it in the comments section. If any negative points, please post it. This will help the readers.

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

Australia is most welcoming to anybody wishing to make a property investment. Unemployment is low, it is stable politically and there are few natural disasters. It takes between seven and 10 years for property prices to double. Property investments in New South Wales are the most attractive, as prices there are highest. Among the best ways to find houses to purchase is homesales.com.au.

Houses are undersupplied. The building industry is facing a dearth of workers because most opt for mining to secure higher pay. Many migrants enter Australia every year, which increases demand for housing. Demand for rented properties is rising.

Taxes in Australia are highly amenable to overseas investors. In 2010, the country was declared to be the best country for a property investment. The United Nations Development Program ranked quality of life in Australia as the best in all the world with the sole exception of Norway. Australia is much warmer. Australia constitutes a popular holiday destination for people from outside the country, which will give many people a favourable, personal experience of it.

One way to find more people to invest in real estate during a recession is to lure more from overseas, and this has come to pass. Estate agents in Australia have noticed that more bidders for real estate hail from outside the country. John Bongiorno, director of the Melburnian company, Marshall White & Co, said that 15 percent of his company’s sales were to international buyers. This overseas clientele, he added, was mainly Chinese, and that some adopted a “fly-in, fly-out” approach where they arrived in Australia and attended an auction before flying out again, all in one day. The company has formed partnerships with Chinese entities in order to serve this market segment better. Buyers often hail from Britain, where the language is the same, customs are little different, and buyers are attracted by the better weather. The United Kingdom was the principal source of potential buyers until 2009, when it was surpassed by South Africa and China.

The regulations for property investment in Australia by people from overseas were loosened in 2008 to stimulate demand and energise the property market, but have become stricter once more after a surge in the number of buyers from overseas. It is now necessary for temporary Australian residents to secure authorisation from the Foreign Investment Review Board for houses that are not new and a property must be sold if the person subsequently leaves the country. The purchase of property as speculation is not permitted. Temporary residents are confined to a single property in which these residents must reside.

Rules were, however, made less stringent in some ways. Building must now begin no more than two years after the purchase of empty land, where the limit had previously been 12 months. Developers are no longer limited to selling no more than half of a development to buyers from overseas.

The one-time prime minister, Kevin Rudd, said that overseas speculators should not be able to force up prices for Australians who wish to purchase their first home. A government briefing paper by the name of “Foreign Investment Policy in Australia” said that government foreign investment policy ought to direct overseas investment into activity that directly boosted the supply of new housing. A forecast that house prices in Australia would continue to rise was made by the Residential Development Council.

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

Godrej Properties launches new luxurious residential project Godrej E-City. The project offers 2, 2.5 and 3 BHK apartments which are spread over serene spaces of splendid greener beauties. The exact location of the Godrej E-City is very near to the Electronic city, connected through NICE road and the elevated expressway. If you are working in the Electronic city, this project would be a suitable for the living. It avoids lot of travel time from inside the city. If you go around the electronic city, there are good development work and there is no much concern for the groceries and day-to-day necessities. It is near to the Hosa road, there you can purchase all the groceries.

If you have any queries, contact Shreyas at 9900213086

Godrej E City Bangalore is sited at Doddathogur, Near Crowne Plaza of Electronic City, which has an easy access from the major localities of the metropolis. It is the prime location in the Electronic city, with walkable distance to the Infosys and Wipro campus. There is a nearby Nilgris shop. Also it is close proximity for some of the famous schools Ebenezer, Tremis, St. Xavier.

Godrej E City Location

Godrej E City Bangalore is sited at Doddathogur, Near Crowne Plaza of Electronic City, which has an easy access from the major localities of the metropolis. Approximate travel times from the prominent landmarks as follows:

• Major IT/ITes workplaces (Infosys, Wipro etc)   -  5 mins
• NICE road junction  -   5 mins
• Silkboard (via expressway)  -   10 mins
• Koramangala  -   12 mins
• Sarjapur Junction  -   20 mins
• Bengaluru City Junction Railway Station –    30 mins
• Majestic Bus Terminus  -   30 mins
• Whitefield  -   40 mins
• Bengaluru International Airport  -   60 mins
• Infosys Corporate Office – 1.5 km
• Velankani Tech Park            – 1 km
• Silk Board   - 11 km

Godrej E-City project is constructed in 15 acres of land with the G + 4, 280 Units [Phase 1] . It is known to be the Phase 1 of the project. There is not much details about the further plan on this project. The water in this area is known to be sweet water which is one of the important point for a living.

Godrej E-City Highlights

Unlike the other project, Godrej E-City offers wide range of the benefits to the residents. The following are some of the notable features to the residents.

•       2, 2.5 and 3 bedroom residences starting at Rs 37 lacs
•       World-class amenities
•       Excellent connectivity
•       Surrounded by excellent social infrastructure
•       Beautiful garden views
•       70 % open green spaces
•       Extensive pedestrian – friendly landscaping

The centrally located clubhouse at Godrej E-City offers all the perks of an active lifestyle. With world-class amenities and recreational activities, you will have enough opportunity to experience life to the fullest.

Godrej E-City Price and Size

• 2 BHK       – 964sft to 1171sft -35 Lakh to 42 Lakh
  
• 2.5 BHK     – 1142 sft         – 41 Lakh
  
• 3 BHK       – 1449 to 1625 sft       – 51 Lakh to 57 Lakh

The project would be constructed under a partnership model, wherein it will be developed by Universal Builders and Godrej Properties will act as development manager. Most of the builders work in the partnership model. Designed on the principles of sustainability, the project would incorporate eco-friendly features such as electric car charging facility, rainwater harvesting and solar heating in the project design. Also, 70 per cent of the project would be covered in landscaped gardens and open spaces, the company added.

Please keep reading this space, I will update more details with the latest information on the project.

If you have any queries, contact Shreyas at 9900213086

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

Prestige group is one of the popular and fastest growing residential and commercial builder in Bangalore. They have completed number of commercial malls and tech parks in Bangalore with good time. The reputation of this builder is very high compared to any other real estate builders in the Bangalore. The reason is that the quality of the service provided by them after completion of the projects to the flat owners. In my earlier posts, I have reviewed their latest launch prestige fens residency.

contact for details at 9900213086

Very recently prestige group has announced that they are going to another pre-launch project in the name of Prestige Misty Waters. This project will be located in Hebbal, Bangalore. The official launch of this project will be around November 2012.  It is not officially announced by the Prestige Group, the sources told that most likely the launch will be on November this year.

also see:

• Prestige Fens Residency
• Properties in North Bangalore
• Prestige Garden Bay
• Prestige Silver Crest

Options in Prestige Misty Waters

Prestige Misty Waters offers flats in the four different options.The ares of the each flat will be in the rage of 1133sft -2419sft. More details would be released when the project is launched and put out the details of each flat and floor plans.

• 2BR
• 2.5BR
• 3BR
• 4BR

Prestige Misty Waters Location and Price

Prestige Misty Waters is located off outer ring road and Hebbal. The key distances of this project is Hebbal Flyover 1 km and Manyatha Tech 2.5 kms.

Special Price of Rs.5500/- valid for first few bookings, you can contact 9900213086to find more details about the projects. It seems there are likely offers for the early bookings. Booking Amount 2BR- 3Lacs, 2.5BR- 4Lacs, 3BR- 5Las, 4BR- 7.5lacs

In Hebbal, cannot find any other project from reputed builder like Prestige Group with 2BR at base cost about 62 lakhs, in fact finding a branded 2BR apartment itself is impossible as all other projects like Godrej Platinum, Equinox Waters Edge have large 3BR or 4 BR only costing in the range of 1.5CR. This makes the Prestige Misty Waters makes more attractive in that location. If you are looking for luxury flat with good builder, this would be a good choice.

If you have any queries, contact Shreyas at 9900213086

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

If you are regular reader of this blog, would have noticed that I have stopped posting about the real estate projects. The reason is that I have moved all the real estate postings into the separate section  Real Estate. If I find any good projects are coming up in the city, it will be posted in the blog. This week, one of the popular builder in India Prestige Group has announced that they are launching a new project Prestige Fens Residency in Bangalore. Prestige Group is mainly operating in Bangalore and has most number of projects in Bangalore. Many of the IT parks and SEZs are build by Prestige Group in Bangalore.

Prestige Ferns Residency @ Harlur Road, Off Sarjapur Road

If you have any queries, contact at 9900213086

This new project is at Harlur Road, Off Sarjapur Road. The news about this project is latest and booking are not yet started for this project . It is expected that the pre-launch bookings for this project will be started within a month. The pre-launch bookings are already open and you can call at 9900213086 for the site visit and bookings.  We will update the details in this post once it is launched.  As per the collected information, this project would come up with 1300 apartments and will span across 25 acres. These apartments will be built with many towers. This project is expected to be completed by 2015.

Prestige Ferns Residency Size and Price

The following three options are available in this project.

• 2 BHK
• 3 BHK
• 4 BHK

View Larger Map

Why should invest in Prestige Fens Residency?

It is noted that the response from the public for this project is tremendous and nearly 150 flats are booked within the few days of the launch of this project. There should be a reason to choose the high priced flats like Prestige Fens Residency. I have gone through the location of this project and noted the some good points why one should invest in Prestige Fens Residency.

• Prestige fens residency is located in Off Sarjapur Road, just 2 KM away from the outer ring road. This makes the prime location for easy commutation for your daily life.
• Prestige Fens Residency is spread across the 25 acres of land which makes the bigger community with good security.
• This project is a luxury housing at a very reasonable price with every possible modern amenity and features by prestige group.
• Prestige ferns residency – it is surrounded by green natural ambience on the one side and a good view lake on the other which makes it most sought after residential township.
• 65% of the free area which makes looks feeling of nature.

The above are the few observation for this project. If you have interest on booking the luxury housing in Bangalore, it is worth visiting and plan your buy. Any time you can call to  9900213086 and ask for the details. If you are looking for other property options in the Bangalore, visit here.

Feedback on Prestige Fens Residency

It is very new project and couple of days back only the pre-launch booking started. This section will be updated when ever there is positive or negative feedback on the project. If you have visited the location or booked apartment with this project, please share your experience in the comments section.

Some of the feedback I have received from the visitors of this project is:

• Well i feel i was the very lucky one as i got the booking of my 2.5 BHK at 4250.
  The issue is the i have to book one more 2 BHK but the project is not giving me time to be prepared for that by increasing the price each day.
• It’s surprising, i visited there Head office on Saturday, and there was a huge rush there. I booked one 3 bhk at 4550/-
• Not even 1% discount on the price. They are not ready to reduce the price for group bookings too.

If you have any queries, contact at 9900213086

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

In the last couple of years the prices of properties in Indian cities have skyrocketed to the new highs. The rise in the price is because of the various factors influencing the property market like loan interest rates, construction cost of the civil work, land prices, increase in the registration and tax rates, etc. Another important factor is that people who are investing in the properties are those want to hoarding their lump sum money (black money) finds the property market is the most suitable.

This keeps the demand for the real estate properties always in the higher level. People who are depends on their salary income finds difficult to buy a property in the very high price, but still they are hoping that property prices will come down. There are very less chance that the prices would come down, at least not in the near future. This article explores the various factors influencing the price rise and why it is very difficult to adjust in the short term. If you have any plans to buy a property or working on the real estate firm, please post your thoughts in the comments section.

Also read:

• Home Loans interest started coming down
• Pre-Launch Apartments in Bangalore
• Home Loans and Income Tax Benefits

Construction Cost and Labor Work

Construction Cost is the most expensive in these days. This factor increases the actual cost for building the apartment or house. Also puts more pressure on builders to manage the marginal profit on each sales. (eg.), If the total expenses for constructing an apartment (flat) is say Rs. 15 lacs. It is only the cost for apartment floor. Then expenses incurred for acquiring the land, labors (supervisors, engineer), marketing the project(advertisements, sales agents) would add on top of the cost say Rs. 500000 for each unit. The final price of the construction cost for the flat would be Rs. 20 lacs. Then it is up to the builder to set his own profit margin for the each unit sold. In the above example, if he wants the profit of Rs. 10 lacs for each unit, then the sale price of that flat would be Rs. 10 lacs.

The above case if a simple example for flat with the basic facilities. If the project has the various amenities like Gym, Swimming Pool, Play Area, Shopping Complex, Solar Power Supply, Non-Stop power supply backed by Generator, etc. will increase the flat cost. Also location of the project is important factor on influencing the price. The land prices in the very prominent area of the city would be multiple crores which would be added into the flat cost.

• Looking into the current inflation, there is very little hope for the notable price reduction in the raw materials like Cement, Steel, etc. Also there will be a wage hike in the labor industry due to the shortage of the low level labors.
• Unless, the prices of these materials reduced, the builder will not afford to reduce the price.
• Price correction of 10-20% is very normal and it doesn’t make the difference in the industry. People who can buy a flat for Rs. 50 lacs, will always try to afford if it costs for Rs. 60 lacs.

Continuous Buying from Wealthiest Customers

Another factor is the perception of housing market in India. Most of the wealthiest people in India consider buying a house is the good investment option for the long run. In fact, it is proven that housing market has given the very decent profit (some time beaten the equity investments) for every one who are invested for past decades. This attitude keeps the demand for the properties afloat always. If some one bought a house for his own occupancy, then he buys another property for the let out. Even though the return on investment of buying the property is less compared to keeping that money in the fixed deposit, every one expects the capital appreciation in the long run. It adds more competition to the first time buyers.

• Politicians and business man use the real estate for parking their black money.
• Non Resident Indian (NRI) invests in the Indian real estate from abroad.

Taxes and Registration Charges

Another sad news is that, Govt. want to utilize the booming in the housing market and gain some tax income. They keep increasing the tax or introduce the new kind of transaction charges for registering the property. Unfortunately it is directly affecting the middle class family and have less impact to the wealthiest people.

• Budget 2012-13 has announced 1% TDS on property transaction.

Housing Market Needs Regulation

Fannie mae is the housing market regulation body in USA

Unless the Govt. decides to regulate the housing market, there won’t be any significant changes on the real estate industry. What do you meant by regulation?. Yes, in the current scenario there is no safety measures for the home buyers. We have learnt lot from the Greater Noida Land Acquisition Case. This issue has prompted the importance of housing market regulation in India. But, there is no measures taken by the Govt. to prepare a bill and help the future buyers from the builders who are cheating the customers. The regulation should have the following factors to make the real estate in India to benefit common man.

• Builders has to publish the expenses incurred for an flat construction.
• If the builders is not received all the approvals from the Govt. he should not start the construction. (see DLF in Bangalore).
• Banks must disburse the loan amount only when the builders completing the cor. Banks has the greater responsibility on this, there are few banks not taking it serious and disbursing the entire loan amount without seeing the progress of the project. Builders are taking advantage of this and put burden on the customers.
• Listed companies must maintain the debt level in control. (see DLF’s tough time to survive)

Summary

This article more focused on the negative side of the real estate market which would dismantle the confidence of customers. The message is clear, housing market in India is complicated and one needs through investigation before making the any investments. If you find the good builder and suitable project, your life will be happy without any hassles. If you are looking to buy a property, this could be the time and make it right away with due diligence. As I have pointed out in my earlier articles, the interest rates started coming down. Have fun with your new house!!!

If you have any doubts or suggestions on the property market, we are here to help you. Please post it in the comments section.

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

Prestige Group, one of the popular builder in Bangalore has announced its pre-launch new project called “Prestige Garden Bay”. The project spread across 6.2 acres of land will house 184 town houses over 8 blocks. This project consists of 3 & 4 bedroom apartments and there is no villas with this project. The price of the each unit would be ranging from Rs. 81 lacs to 1.5 crore. The size of the each unit would be 3BHK apartments 2165 sqft. and 4BHK apartments 3988 sqft. It is in the segment of the luxury apartments. It provides all the amenities goven by other leading builders. So, the price of the apartment is higher then the other builders.

Location of Prestige Garden Bay

It is located in the Yelahanka , Off International Airport road. 

Key Distances of Prestige Garden Bay

• Hebbal Fly over                   - 11 km
• Manyata Tech Park             - 13 km
• Yelahanka Police Station   – 5 km
• Ramanashree Resort           - 3 km

Facilities at Prestige Garden Bay

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

About Prestige Silver Crest

Recently Prestige Group has announced the Pre- launch offer for its new project Prestige Silver Crest in Bangalore. Prestige silver crest is located at Sarjapur – Marathahalli Ring Road and very near to the Intel office. This project has the 122 apartments in the area of two acres. Unlike the other expensive projects from Prestige group, this one is of targeting the lower end customers. This project has the G+ 3 floors structure.

• Prestige Silver Crest offer 2 BHK and 3BHK apartments with the size ranging from 1174 sq.ft to 1899 sq.ft.

• Prestige Silver Crest is located opposite to Intel office on Marathahalli – Sarjapur outer ring road. It is well connected to important shopping areas and companies. It is also very near to Ecospace IT park in the outer ring road.

For Pre-Launch Offers/Details/Site Visits/Booking Call -9900213086 (or) update our contact form.

Location of Prestige Silver Crest

(SOLD OUT )

This project has been sold out, if you are looking for any other properties in Bangalore, please see the list of apartments and villas in Bangalore.

Prestige Silver Crest is located opposite to Intel office on Marathahalli – Sarjapur outer ring road. It is well connected to important shopping areas and companies. It is also very near to Ecospace IT park in the outer ring road.

How much expensive Prestige Silver Crest?

At present Prestige Silver Crest providing the pre-lainch offer to its customers with discounted price. As of knowledge, the current offer price is Rs. 4150 per sq. ft. This can be available only for the limited period. As we know, Prestige Group is most reputed builder in Bangalore, and the service would be good.  The following are the apartment cost including all expenses like Registration, etc.

• 2BHK, 1260 sq. ft, 55 lacs
• 3 BHK 1759 sq. ft, 77 lacs

Why you must invest in Prestige Silver Crest?

• Outer rung road is major development area in Bangalore. All the major companies are located in this area.
• At present, this road is work in progress with number of fly overs, once this work is completed, there would be good commutation.
• Nearby companies are CISCO, Accenture, Intel, Capgemini, AOL, etc.

Key Distances

• Marathalli                             – 2.5 km
• Sarjapur – ORR Junction   – 3.5 km
• MG Road                              – 7 km
• Silk Board                             – 7 km

About Prestige Developers

Prestige Constructions, an ISO 9001:2000 certified company is the only Real Estate Developer in Bangalore to have won the reputed FIABCI Award for its software and residential facilities. Last year, Prestige was also awarded the Crisil DA2+ Developer Rating in recognition of the quality of their projects and the ability to deliver completed projects in a timely manner, making it a trusted name in the construction industry.

Today, Prestige stands as a giant with a turnover that exceeds over 1,600 crores and with aggressive growth plans across the Residential, Commercial, Retail and Hospitality Sectors in Bangalore, Goa, Hyderabad, Mangalore, Cochin and Chennai, lies a bright future ahead!

(SOLD OUT )

This project has been sold out, if you are looking for any other properties in Bangalore, please see the list of apartments and villas in Bangalore.

For Pre-Launch Offers/Details/Site Visits/Booking Call -9900213086 (or) update our contact form.

SJR Primecorp Parkway Homes | Pre launch offer for limited period!!!

In this post, I am writing down about the another upcoming residential project started by the MJR builders. The single unit cost starts from the 38 lacs to 65 lacs. The project location is well connected to the Hosur road and would be more suitable to the people who are working in in the Electronic city. It is difficult to find the low cost apartments these days because of the raising labour cost and the raw materials cost. This project would be good for the middle class people who can afford the moderate EMI per month. The following are the details of the project.

• What is EMI & Pre-EMI?
• SJR Fiesta on Electronic City
• Why interest rates on loans are increased by the banks?
• Learn About Home Loans

MJR Platina

•  Extent of Land – 2.8 Acres
•  Total Number Of Apartments – 281
•  Number Of floors – 2B + G + 9
•  Approvals – BBMP

Key Distance of MJR PLATINA from

•   Silk Board           – 3 km
•   Forum Mall , Koramangala – 4  km
•   Outer Ring Road – 6 km
•   Jayanagar – 6 km

Amenities

• World-class Club House and entertainment center – billiards table, table tennis, Outdoor Children’s Play area.
• Swimming Pool with toddlers pool
• Gymnasium for ladies and Gents
• Tennis Court , Squash Court
• Basketball Half Court,
• Convenience Store , Café
• Library

Unique Feature of MJR Platina

• No Balconies Over Look each other
• No common wall between apartments
• 100 percent vaastu complaint

Price – Special Inaugural Offer

•   2 BHK – 1030 sft , 1085 sft & 1256 sft –  38 L (All inclusive prices)
•   3 BHK – 1293 sft & 1330 sft -  50 L (All inclusive prices)

For project details and booking please contact below      

• Shreyas    (9900213086)

Summary

Developed by MJR Builders, a company that is backed by over 3 decades of experience and a host of prestigious projects under its belt, Platina offers 281 two and three BHK luxury apartments in the upcoming Hosur Road, near Kudlu Gate. As a investor, while investing on the real estate, it is your responsibility to carry out the due diligence before making the buying decision. If you have already booked in this project, please post your experience in the comments section.

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SJR FIESTA

SJR Developers launches SJR FIESTA on Electronic city – Sarjapur road connecting Road near Electronic City Phase II with all the modern amenities. This project is located in Electronic City phase II near Mahindra Satyam Office. The project is coming up in 4.5 acres with 342 units and G + 8 structures.

Fiesta is conceptually designed & options of a 2BHK & 3BHK, fit very well to all needs, family size, budget & your sense of belonging to this UPSCALE community. The Club looks after all your recreational & fitness requirements. The design of the apartments is in synergy with the surrounding environs & development with uncompromising emphasis on luxury and comfort  with  Vast expanse of Green around the blocks.

 Key Distance of SJR FIESTA from

•     Silk Board           – 11 km
•     Infosys Corporate Office – 1.5  km
•     Sarjapur Road – 8 km
•     Outer Ring Road – 10 km

Amenities

•     World-class Club House and entertainment center – billiards table, table tennis, Outdoor Children’s Play area.
•     Swimming Pool
•     Gymnasium, Indoor Badminton Court
•     Tennis Court , Squash Court
•     Basketball Half Court,
•     Convenience Store , Café
•     Library

Unique Feature of SJR FIESTA

•     Beautifully Landscaped Garden with Cascading Water Fall
•     80 % open Area
•     Natural garden setting in Resort Style with undulating pathways in the woods , still water pools

Price – Special Inaugural Offer

• 2 BHK – 1175 sft & 1200 sft –  38 L (All inclusive prices)
• 3 BHK – 1490 sft & 1665 sft -  48 L to 51 L (All inclusive prices)
• For project details and booking please contact below

About SJR Group

SJR PRIMECORP was the part of SJR Group till 2010, which was incorporated in 1973. SJR Group from last four decades dedicated in developing infrastructure of Bangalore city and pioneer in real estate business in the city. The group played key role in making the city hub of business, IT companies, MNCs, and many educational institutions by constructing; roads, flyovers, airport tarmacs, and community centers.

Contact

• Shreyas – 9900213086

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As interest rates rise and buyers become more conscious about their property spends, developers are returning to their affordable housing strategy. One of the recent project from Prestige Group is Prestige Tranquility which is offering the apartments starting from 20 lacs onwards. I come up with this article to explore few facts on the project like apartment price, locality, amenities, etc. If you are already book flat with this apartment or looking to buy new one, you can call to the given contact number in this article.

Prestige Tranquility Location

This project is located on Old Madras Road. The following are the near by landmarks for this project.

• Nearby Prominent Landmarks     –  Baldwin’s International School
• Extent of Land Area                               -  38 Acres
• Development Type                                -  Residential with 2321 apartments
• No of Blocks                                                 -  17 Blocks
• Number of Floors                                     -  Ground + 14 and Ground + 18
• KR Puram -  12 km
• MG Road  – 17 km
• White Field – 10 km

Prestige Tranquility Amenities

•  PALM COURT
• CHILDRENS PLAY AREA
• AMPHITHEATRE
• SWIMMING POOL
• PLAYCOURT
• PRACTICE CRICKET PITCH
• JOGGING TRACK
• SEATING AREA
• SENIOR CITIZEN PARK

Price Range of Apartments

• 1 BHK –   21 L + Other charges
  
• 2 BHK –  32 L + Other Charges
• 3 BHK –  49 L + Other Charges

For project details and booking please contact below

• Shreyas    (9900213086)

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About DLF Garden City in OMR

DLF has started constructing the apartments in Chennai few years back. The current on going project for DLF is the garden city in Old Mahapalipuram Road (OMR), Chennai. This is located in the heart of IT corridor. The sources says that about 1700 apartments from this project to be completed very soon and handed over to the customers. As we know, the project has been heavily delayed due to the worldwide slow  down in the year 2008. The major builders across the country suffered the heavy loss and very dull sales numbers.

For the past one year, real estate in India posting the good numbers and there is increase in the sale of apartments. For this specific project, DLF announced that soon they will increase the prices. It shows the heavy demand for the apartments. Here I am posting few details on the project DLF garden city in Old Mahapalipuram Road (OMR), Chennai.

Location of the Project

The following are nearest facilities and distances for the key places in Chennai.

• 20 kms from Airport
• 30 kms from Egmore Railway Station
• 2 kms from Satyabhama University
• 15 kms from Tidel Park
• 35 kms from Chennai Central Bus Stand
• 8 kms from MRTC Station

Gardencity, is located off the prestigious 6 lane IT Corridor (also called Old Mahabalipuram Road or OMR), which starts from Madhya Kailash Temple Junction and connects with Tirupporur, 40 kms away.

Features on DLF garden city

The following are the notable amenities are the facilities offered in this project.

• PSBB Millennium School – Chennai’s premier educational institute
• Gardencity Club
• Shopping Centre with ATM, Laundromat, Cafeteria, fast food outlet
• Healthcare Centre
• Landscaped Garden with sitting arrangements
• Jogging Tracks
• Lobby and Waiting Hall in the Ground Floor
• Departmental Store
• Retail outlets
• Beauty salon
• Cafeteria
• Fast Food outlet
• ATM
• Healthcare Centre
• Power Backup
• Intercom facility
• Panic alarm function from apartment to guard room
• 24 hours surveillance of entry points
• Fire alarm system in common areas
• Barriers at main entry and exit for extra security
• IPTV Ready
• Smart Card Access Control
• CCTV for parking area and entrance lobby at ground floor
• Rain water harvesting
• Sewage Treatment Plant

Official Web Site: DLF Garden City in OMR

Summary

Any one who has purchased the apartment in this project (DLF garden city) or planning buy can share the ideas here. It would be helpful for all the readers to know more details on the project. Please post it in the comments section.

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In 2009, I have published one article on the project DLF Westend Heights New Town – Bangalore and has got over 700 comments for that article. Most of the users are the owners who has booked the apartments in the project and waiting for the possession. When BBMP hs not approved the project (to construct the 18 floors), it created the lots of confusion amoung the owners and they did not get the proper answer for their queries. The project is nearing the completion, I would like to publish the new article on the current status on the project and it will help them to start discuss on the updated status on the project. Hope this article will bring the owners together and share their information with he other owners.

About Westend Heights New Town

DLF, India’s largest real estate developer is all set to create a haven of luxury and tranquility at one of Bangalore’s most strategic location. Conveniently located off Bannerghatta Road, New Town, DLF BTM Extn. is DLF‘s maiden residential project in the city. Apart from a truly contemporary lifestyle this self sufficient estate will also offer easy access to schools, hospitals, banks, financial institutions and corporate houses, as well as Electronics City, which is just a short drive away.

Official WebSite for WestEnd Heights

Key Distances

• 3.5 km from Apollo Hospital
• 4 km from IIM-B
• 6.5 km from Jayadeva Flyover
• 8 km from Electronics City
• 9.5 km from Forum Mall
• 13 km from MG Road
• 16 km from Railway Station / Bus Stand
• 50 km from Airport

Price and Sizes

Payment Plan

Below is the payment plan for the project. The details has been taken from the DLF website.

Summary

It looks like the project is nearing the completion and got the approval from the BBMP. This is news what we got from the DLF sales persons. It is good if the owners who got the partment can post the real scenario on the project. Please post your comments on this project.

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Mantri Alpyne

The project is located at Banashankari 5th Stage, in proximity to the planned development of BMICAPA hub. Project is scenic yet well connected to the city’s business districts, educational institutions and shopping areas.

A cross pattern plan having 8 units per floor is proposed with a central circulation corridor and core. This arrangement ensures good light and ventilation to all apartments in a block. The 2.5 and 3 bedroom apartments have been positioned for the best views into the landscaped podiums as well as around the neighborhood. The core has visual and spatial connectivity to the exterior allowing for natural ventilation and a dynamic play of natural light during the day.

For project details and booking please update the contact form.

Key Distance of Mantri Alpyne from

• MG Road - 13 km
• Mysore Road – 3 km
• Electronic City    – 18 km
• Banashankari BDA complex – 6 km

Ammenities

• World-class Club House and entertainment center – squash court, badminton court, billiards table, table tennis, Outdoor Children’s Play area.
• Gym, steam, sauna. Swimming pool
• Jogging track, party hall.
• Convenience Store
• Provision of 1 KW power backup for apartment and 3 KW power backup for pent house through DG at extra cost.
• Trained security personnel will do patrolling of the project
• Fully treated water through an exclusive water purification plant within the project
• One automatic passenger lift of reputed make in each block
• An exclusive network of cable TV will be provided with centralized control room (users to pay monthly charges)
• A group Centrax facility will be provided with cabling done up to each flat. This will be operated by a Telecom Service provider for a nominal one –time charge and monthly rental.

Unique Feature of Mantri Alpyne

• The towers draw inspirations from the Georgian Townhouse era were-in the mid rise residential units with brick facades and tiled roofs in rhythmic repetitions created distinct neighborhoods.
• Project provided with S.T.P, thus water generated from it will be used for gardening
• A portion of the common lights shall be powered by solar energy.
• A good mix for the customers to select from, which includes 2 BHK, 3BHK, Pent House.
• Landmarks : R.N.S Engineering college, National hill view public school, Valley School , DPS, Kumaran School, Jain International School, proposed India Heritage tourism park
• One can also access the proposed ISKCON theme park and the metro station, in the vicinity. Medical care too is very close, with the Manipal Hospital being located just 1 Km away.

• Bly Landscaped Garden with water Bodies
• Mini Forest
• Beach edge wading pool with sand bed
• Natural garden setting with undulating pathways in the woods , sweeping grass mounds , still water pools , spouts rock boulder and a rustic plant palette.

Price – Special Inaugural Offer

• 2 BHK – 34 L to 38 L (All inclusive prices)
• 3 BHK – 42 L (All inclusive prices)

For project details and booking please update the contact form.

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In this article I will be writing about the stamp duty and registration charges associated with the property purchase. Many of our readers have doubts on the same and posted in the comments. I feel this article will answer some of the queries posted by our readers. If you have any doubts, please post it in the comments section. If you like the article, get the free email updates.

Stamp Duty & Registration Charges

Stamp duty indicates a form of tax that is imposed on documents. Traditionally, a physical stamp – tax stamp, needed to be part of the document to assert its legal validity.

It is vary for each state. For example, in Tamil Nadu govt. charges 8% of the property value as the stamp duty. This ensures that the document, which lays your claim to the property is legally valid.

If you have not paid the stamp duty for your property, the documents become invalid. It can not be shows as the proof for the ownership. It is good to pay the stamp duty without any problem.

Registration charges are associated with the property purchase. Normally 1% of the property value will be paid as the registration charges.

Tax Exemption

Stamp Duty and registration charges are added to the principal amount of the home loans. Hence, you can claim in the principal repayment of the home loans. This question is asked by many of our readers. Note that, it is treated as the principal of the home loans. It will be coming under the maximum limit of Rs.1000000.

Summary

I hope this article is useful for those who want to learn about the stamp duty for the property. If you have any doubts, please post it in the comments section.

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Last year was the bad year for real estate companies because of the global recession. It seems the market is coming up and the real estate companies are getting ready for the next big thing. Most of the companies started increasing the prices because of the increase in the sales. Mantri is one of the famous builder in Bangalore. They are known for the luxury apartments with high cost. Here I am posting the details of one of their project.

Mantri Royale Bangalore

Contact Number: 9900213086

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A dream home at your dream place ……GOA!!

Yes, DLF is launching a residential project- River valley DLF Goa. It is ideally located on the extensive waterfront of the Zuari River, sprawled over 19 acres on a hill slope, with a view of the Zuari River. It consists of 29 towers with G+5 floors building.

Base Price – Rs. 3,300 /sqft and there is a 10% rebate for early bird bookings (Rs. 2970/sqft).

Location Details for River Valley Goa:

• Dabolim International Airport    - 2 Kms
• Zuari Nagar                                - 3 Kms
• Bogmolo Beach                          - 5 Kms
• Verna Industrial Estate                - 10 Kms
• Panjim                                        - 35 Kms

Features of River Valley Goa:

• A quiet and serene site well located for residential Development
• An ideal second home to enjoy holidays and relax
• Residential apartment community/gated development designed by one of India finest architects Mr. Mohit Gujral
• Excellent road connectivity on a double carriage highway
• 24 hrs Security & Power backup
• 3 acres of landscaped greens
• One of the largest clubhouses providing a swimming pool, gym, indoor activities, multi cuisine restaurant & conference facility
• Top floor apartments will have a commanding view of the river, and other apartments will enjoy the views of landscaping and green areas.
• All the required permissions are obtained from competent authorities

Contact:-

Shreyas K C | Assistant Manager- Marketing
DLF Southern Homes Pvt Ltd | Bangalore-560025
Mobile: +91 9900213086

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Unitech Unihomes Chennai

Project Highlights

Sharing boundaries with the integrated township of Uniworld City. Unihomes at Nallambakkam is a 13 acre site, an address you have always aspired for.
Nestled amongst greens and landscaped parks, Unihomes offers 2 bedroom apartments. The quality living you have always dreamt of. Each apartment has been efficiently designed to maximize space & sunlight while ensuring a superb community living experience.

Project Details

Unit Type : 2 bedroom apartments
Sizes Available : 700 & 715 sq. ft.

Location Advantages

UNIHOMES, in the South of Chennai is well connected to rest of the city with the OMR road on one side and the GST road on the other. It has close proximity to the IT Corridor, Siruseri SIPCOT Park (a 1000 acres IT Park) & other upcoming residential developments.

Besides this, ‘UNIHOMES’ is strategically located with a wide independent access road. The area has premium health centers, commercial & shopping complexes, education facilities and much more in the vicinity.

Official Site

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About Mantri Developers

The speed, at which Mantri Group have journeyed in this industry and the incredible volume that they have built, is a sign of the deep passion and expertise that they have in Real Estate. With a track record of delivering 1.4 homes everyday since inception on time. Mantri Group has further diversified into Retail, Hotels, IT and premium housing townships all over South India. Industry leaders state this is the fastest growth achieved by any developer in the field of Real Estate in India.

About Mantri Astra

Mantri Developers launched a new residential project called Mantri Astra on Hennur Road, Bangalore. Mantri Astra offers 2 & 3 Bedroom luxury homes and penthouses with expansive views, 80% open space. Mantri Astra has excellent facilities such as swimming pool with toddler’s pool, fully loaded club house and children’s play area and more. All the 110 exclusive apartments are in the range of 1260 sq. ft. to 3300 sq. ft.

• Budget: Rs 35.09 Lakhs onwards*

• Type: 2 /3 BHK apts

• Area Range: 1100 to 1480 sqft

• Project Address: Off Hennur Main Road

• Nearby Vicinity:

  • Bangalore International School

  • Indian Academy group of Institutions

  • Bangalore International Airport

Mantri Astra Amenities

If you are interested in this project, please fill this contact form

COMMON AMENITIES

• Swimming pool with toddler pool.
• Beautifully landscaped gardens with water bodies
• Children’s play area
• Paved walkways
• Common servant/driver’s toilets at ground level
• Convenience store for daily needs.

CLUB HOUSE

• A well equipped health club with gymnasium, steam room
• Table Tennis.
• Pool Table
• Host of other indoor games.
• Multi purpose hall.

CABLE TV

• An exclusive network of Cable TV will be provided. (Users to pay monthly charges).

SECURITY SYSTEMS:

• Round the clock security.
• Trained security personnel will do patrolling of the project.
• CCTV Camera will be installed in the security room to screen visitors and to permit them inside only after confirming with the resident through the image appearing on their T V screen

EPABX SYSTEM

• A Telephone connection through EPABX/Centrex system will be provided with cabling done up to each flat. This will be operated by a Telecom Service provider for a nominal one-time charge & monthly rental.
• Intercom facility from each apartment to security room, clubhouse and other Apartments.
• Facilities to receive direct incoming calls as well as dial outside LOCAL/STD/ISD calls.

BACK UP GENERATOR

• Standby generator for lights in common areas, lifts and pumps
• 1000 watts DG power backup for each apartment, with automatic changeover switches

FIRE SAFETY

• Sprinkler system in all rooms of all flats.
• Fire Hydrant in each lobby
• Separate fire tank for each tower

WATER TREATEMENT PLANT

• Fully treated water through an exclusive water treatment plant within the project.
• Rainwater harvesting scheme will be provided for recharging the ground water level

If you are interested in this project, please fill this contact form

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About DLF Garden City

Gardencity is a premium residential estate with an appealing Spanish style of architecture against a backdrop of fabulous gardens. Offering unparalleled lifestyle privileges such as having the prestigious PSBB Millennium School, Chennai’s finest club and excellent shopping facilities within the residential estate. This signatured evelopment is brought to Chennai by DLF Homes, pioneers in building India’s finest residential enclaves and urban infrastructure.

DLF Garden City Features

• PSBB Millennium School – Chennai’s premier educational institute
• Gardencity Club
• Shopping Centre with ATM, Laundromat, Cafeteria, fast food outlet
• Healthcare Centre
• Landscaped Garden with sitting arrangements
• Jogging Tracks
• Lobby and Waiting Hall in the Ground Floor
• Power Backup
• Intercom facility
• Panic alarm function from apartment to guard room
• 24 hours surveillance of entry points
• Fire alarm system in common areas
• Barriers at main entry and exit for extra security
• IPTV Ready
• Smart Card Access Control
• CCTV for parking area and entrance lobby at ground floor
• Rain water harvesting
• Sewage Treatment Plant

DLF Chennai Contact

DLF Homes Marketing Office 3rd Floor, Chalam Towers, 113 Dr Radhakrishnan Salai, Mylapore Chennai – 600 004 Tel: +91 44 4410 3534 E-mail: homes@dlf.in Toll free no. 1800 103 3534(DLFH) – Lines open (8.00 AM – 10.00 PM)

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Eden Park in OMR

The Old Mahabalipuram Road (OMR) is a popular hub for IT infrastructure facilities in Chennai. This has led to a boom in the demand for quality housing along that stretch.

L&T’s real estate property division L&T Urban Infrastructure Limited and its partner companies re-inventing the concept of urban living with Eden Park in OMR, Chennai. As trailblazers in construction L&T have developed lots of residential properties, luxury apartment townships pan India. Eden Park is an integrated Township coming up beside SIPCOT IT Park in Siruseri, OMR, Chennai which is a gated paradise with apartments, villas, PSBB School, health care, shopping spaces and essential services to make a complete community.

The 1st phase of Eden Park comprises 14 acres of residential area. The architectural beauty stands tall with 656 apartment units. They are aesthetically designed across eight blocks with 14 levels and two basements. And comprise 2 and 3 bedroom dwellings with state-of-the-art mechanics and a Vastu compliant architecture.

The serene Eden Park is located on the 22km scenic stretch of the Old Mahabalipuram Road (OMR) which runs parallel to the East Coast road. Close to SIPCOT IT Park in Siruseri. This stretch is known as the IT corridor of Chennai and is an upcoming area for housing and infrastructural development.

Visit the official site.

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Adora Akshaya Homes in OMR

Akshaya Homes is one of the trustworthy builder in Chennai. Akshaya is one of the high end builders in Chennai and are quiet known for thier documentation, not deviating from approved plans etc.

Akshaya Homes has brought a new residential project ADORA in Chennai.Akshaya Adora offers 3 BHK apartments varying in sizes from 1881 to 1909 Sq. ft. It has an area of approximately 5 acres and offers 154 units. Adora offers excellent amenities such as sports facility, creche, swimming pool and lots more to enjoy.

Read from official site.

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