The unique selling point of this project are as follows: 1) Fast Developing Vicinity 2) High End Amenities 3) High Efficiency Layouts 4) 83% Open Space 5) Green Balconies 6) Fully Vastu
They have just started with the construction and model flats are ready. It will be a 18 storied building on Old Madras Road, near KR Puram, RTO, Bangalore. The project will be spread over 3 acres of land, 302 apartments, 2 Towers between two serene lakes.
The project will have amenities like : Amphi theater , Basket ball court ,Skating arena , Children play area, Tennis court , Cricket practice pitch , Tree plaza , Aroma garden , Meditation / Peace corner , Herbal Garden with reflexology path , Sports zone , Senior citizens area
Club house Amenities: Banquet hall , Mini movie theater , Indoor games lounge , Gymnasium, Yoga / Aerobics / Dance hall, Swimming pool with toddler pool , Barbecue kitchen, Lawn party area , Aroma garden , Roof top Mini Golf Court
Services: Reticulated gas pipeline , Home automation (optional) , CCTV surveillance in all common area , Exclusive entrance lobby for each tower , Intercom facility to all the flats, Sewage treatment plant , Rain water harvesting , Security round the clock
Banks like Axis, SBI, HDFC, Canara have approved the project. This month only they have launched the project and it is expected to get completed by 2016, November.
I feel the area is good for investment purpose because the area is well connected and you can get apartments and properties at an affortable rates. As the area is close to IT hubs and business district, it is expected that the property price will increase and good returns can be expected in 3- 4years.
Old Madras Road is going to see a lot of appreciation for the property in near future due to the proposed peripheral ring road, which will provide rapid connectivity to the Bangalore international airport. Lot of developments are happening in this area due to the presence of a number of MNC, due to the close proximity to ITPL and the ease of accessibility to Outer Ring Road
#Old Madras is one of the preferred residential destinations for IT professionals. Old Madras Road has huge potential for residential units since a demand-supply mismatch exists in the region.
# Old Madras Road, the much talked about area of east Bangalore has gained significant prominence among the homebuyers due to enhanced connectivity and improved retailing scenario.
# The K R Puram Junction to Hoskote through the Old Madras Road has witnessed a slew of residential units in the past few quarters, from some of the leading developers in Bangalore.
# One of the major turnarounds in the real estate activities of the region is the enhanced six-lane connectivity lanes which is an icing on the cake for the area.
# The Bangalore-Chennai Industrial Corridor that will link Hoskote and Sriperumbudur will further act in favor the real estate market of Old Madras Road and will lessen the commuting time within the two states as well. Old Madras is good for both end use
The present rate per sqft they are quoting is Rs 4250. Yes the project has got approval from BBMP and after the construction is over they will provide you occupancy certificate, completion certificate and A Khata.
Soft launch for TGR Ankshu Ecstasy has been done and they are planning to launch the project within 10 to 12 days. They are expecting the possession by another 30 months. All the leading banks are providing home loan for this project.