Island homes new status symbol

Q: I came across this piece of news about "Island Homes". What exactly does this mean?

Adnan, Bangalore

11th July 2013

Real estate News in Bangalore

bangalore real estate

residential projects in bangalore

island homes

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Ozone Group is planning an extremely low-density, but ultra-luxury residential-cum-hospitality development that would cost approximately Rs 1,000 crore as said by the MD of Ozone Group. The developer plans to utilize only 5% of the island land to build around 80 to 100 branded villa residences, which could sport a price tag of Rs 20 crore plus.

Rituraj,

11th July 2013

Comment

Even I have read about this news and many Indian real estate builders are coming up with this new status of "Island Homes" in different places across the country

Virendra, Bangalore

11th July 2013

Comment

Which are the builders coming up with this kind of concept in India?

Mohit Suri, Bangalore

11th July 2013

Ozone Group has purchase a 156 acres of land on Capao Island located along the Mandovi River in Goa. The company has spent six years in acquiring the land for Rs 200 crore.

Rituraj,

11th July 2013

Brigade Enterprises purchased a 16-acre island in Vaikom in the Kottayam district of God's Own Country. Plans for developing the property are still under works.

Aneek Das,

11th July 2013

Nitesh Estates has been acquiring land in one of Kerala's tourist hot spots, Bolgatty Island, which is just a boat ride away from Kochi. The developer is planning a resort as well as a residences project and is looking to tie up with one of India's largest hospitality chains to run the properties.

Sagar Prasad, Bangalore

11th July 2013