Nitesh Virgin Island apartment project in Old Madras Road

Q: What type of configuration the project is offering and how many total apartments will be there in this project?

Gaurang, Bangalore

14th October 2014

Residential Project Review in Nitesh Virgin Island, Old Madras Road, Bangalore

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apartments in old madras road

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Replies (5)

Interested to know which all financial institutions are providing home loan for this project and what is the booking amount

Lakshya, Bangalore

20th April 2016

Comment

Axis, HDFC and ICICI are providing home loan for this project. Booking amount depends on what type of apartments you are looking for such as 1 BHK : 2 Lacs || 2 & 2.5 BHK : 3 Lacs || 3 BHK : 4 Lacs || Penthouse : 5 :Lacs

Venugopalan, Bangalore

20th April 2016

The project is at a very key location and has lots of potential for luxury segement buyers for investing or self use.

Sid, Apartment Resident, Bangalore

25th November 2014

Comment

I don't have much knowledge about the locality. Is it profitable to invest in Old Madras Road?

Gaurang, Bangalore

14th October 2014

Comment

I would say yes definitely it is profitable to invest as 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

Gajendra V, Bangalore

14th October 2014

Is the project approve by BBMP? What kind of amenities the project is offering?

Gaurang, Bangalore

14th October 2014

Comment

Yes the project has got approval from BBMP and the amenities provided in this project are as follows Indoor Amenities:Club House, Fitness Center with Yoga & Aerobics, Banquet Hall, Cofee Shop, Creche, Library , Batminton Court, Squash Court, Billards Room / Table Tennis court, Mini Market, Steam, Sauna & Jacuzzi , Indoor Games ( Chess, Cards etc).

Outdoor Amenities:Tennis Court, Childrens Play Area , Jogging Track, Amphitheatre, Swimming Pool / Kids Pool, Deck Area , Basket Ball Court, Cricket Pitch, Pets Corner.

Venugopalan, Bangalore

14th October 2014

The project located near Budigere Cross is spread across 8.15 acres of land and will offer 723 apartments across 11 blocks in 1, 2, 2.5 and 3 BHK configurations.

Bhaskaran, Bangalore

14th October 2014

Comment

How much is the rate per sqft they are quoting? Please share the size of the apartment and the possession date.

Gaurang, Bangalore

14th October 2014

The rate per sqft they are quoting is Rs 4200. The basic selling price ranges from Rs 36 lakhs to Rs 1.03 crores.The are of the apartment ranges from 460 sqft to 3453 sqft. The possession date of the project is by 2019

Bhaskaran, Bangalore

14th October 2014

This project is quite promising in the 2-3 yr perspective...

Sid, Apartment Resident, Bangalore

25th November 2014