How is the real estate market in this locality? Can anyone tell me how are the condition of the roads in this locality? I am investing for the first time?
Kanakapura Road has become active on the real estate radar, mainly in the residential real estate sector because of the infrastructural developments such as: the NICE road which has enhanced the connectivity to Electronic City, Bannerghatta Road and Mysore Road.
The Kanakapura road’s condition is deteriorating as well as the traffic gives the people in the area nightmares. Once a lush green area, Kanakapura has become a bustling commercial suburb after it became a part of the National Highway 209.
LIC, SBI, Axis, Citi Bank, ICICI, Bank of Baroda, HDFC, Indiabulls and Standard Charter are some of the banks offering loan for this project. The project offers amenities like Badminton Court, Children's play area, Club house, Community Hall, Convenience Store, Driveway all round, Gymnasium, Indoor Games, jogging and walking track and much more
The project is known to be approved by BDA. The ongoing rate per sqft is Rs 3400. Rs 25 for floor rise from 1st floor to 14th floor. Premium charges is Rs 150 per sqft and Rs 250 per sqft for Super premium charges.
The project is spread over 17.3 acres of land. The expected completion date is by February 2014. Purva High Crest offers 2 and 3 bhk apartments and there will be 216 units. It is a B+G+ 20 apartment structure