Q: Please can anyone update current price of Soul Space Arista, Mahadevapura. what is the tentative possession date? Any other premiun apartments coming up in Mahadevapura/Nakundi area? Appreciate the answers.
Mahadevpura started witnessing rapid growth after the establishment of International Tech park in 1996. Today it has become a hot destination not only for IT professionals but also for people coming from all over the country seeking to engage in the prosperity of the Silicon Valley of India.
The area tops the buyers favorite list as it is close to IT hubs. The property price rise in Mahadevpura is because of the recent availability of ready-to-move-in units by two big developers, Prestige Group and Brigade Group. Main reason for the development of Mahadevapura is Whitefield. Moreover, the area has good scope for further development in terms of infrastructure as well as real estate.
The builder claims the project to be 1.2 KM from Manyata Tech Park. The project is almost 3 KM from the main road ( ring road) and around 6 KM from the Hebbal flyover. Accessibility and narrow roads around the project is an area of concern.
Soul Space is a subsidiary of B L Kashyap and Sons Limited - one of the top 4 companies in the Indian private sector construction industry. Builders are quite reputed, they were in construction sector for around 35 years and got in to real estate development couple of years ago. These are the builders who build Total Mall at Doddanekundi and Bangalore central at Sarjapur junction. The builders seems quite capable and experienced.
The project is known to be approved by BBMP and banks like HDFC Bank, LIC Housing Finance Ltd, State Bank of India and ICICI Bank. The expected possession is by end of 2014.
What are the types of unist the project is offering and what is the price range going on in this project? Is this the first project by the builder in Bangalore?
The project christened Arista offers apartments, duplexes and penthouses, Arista is their first residential project in Bangalore. The apartments come in sizes ranging between 1,302 sq ft and 1,305 sq ft for two-bedroom units and 1,804 sq ft and 2,065 sq ft for three-bedroom units. While the duplexes are in sizes ranging from 2,396–2,533 sq ft, the sizes of three-bedroom penthouses range from 2,459–2,473 sq ft and the four-bedroom penthouses in 3,401–3,604 sq ft. The prices range between Rs 90 lakh and Rs 3 crore depending of the unit chosen.
Arista, being developed over 2.9 acres, offers a fully loaded clubhouse, gymnasium, roof-top swimming pool, designer common areas, exquisite landscaping, advanced fire safety and security, standby power and wi-fi connectivity.
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Hey Parag, Yes it will take more one to two years for the cauvery connection to come in Marathahalli. The pipelines has been laid already. But the is having bore-well for water supply.