Pragathi Amber apartment project at Electronic City Phase II

Q: There is hardly any information available about this project. The project seems to be in pre launch. Anyone having any idea about the project?

Murali Krishnan, Bangalore

31st August 2015

Residential Project Review in SLV Pragathi Amber, Electronic City Phase II, Bangalore

apartment project at electronic city

information about prakruthi amber

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Replies (3)

How is Electronic City Phase I from investment point of view?

Murali Krishnan, Bangalore

22nd September 2015

Comment

EC Phase I as the area is already developed and all big and branded builder like Ajmera, Concorde etc already have their presence in Phase I. One can expect good rent in EC Phase I as 75 percent of IT guys stays at Phase 1.

In Electronic City, residential properties are much more affordable when compared to other areas of Bangalore. The area has also seen maximum supply of residential properties within affordable budget range.

Priotosh D , Bangalore

22nd September 2015

What about the approvals from banks and local body? How many units are coming up and when is the expected possession?

Murali Krishnan, Bangalore

31st August 2015

Comment

The project is expected to get approvals from all the leading banks and BMRDA which is under process. 204 units are planned with a combination of 2,3 and 4 bhk apartments. The estimated possession date of the project is by April 2018.

Priotosh D , Bangalore

31st August 2015

Yes, the project is in pre launch and it offers 2,3 and 4 bhk apartments. The area of the apartment ranges from 1160 sqft on wards. The pre launch offer going on is Rs 3499.

Priotosh D , Bangalore

31st August 2015

Comment

What is the total land area? How much is the booking amount and how much will an apartment cost me in this project?

Murali Krishnan, Bangalore

1st September 2015

Prakruthi Amber is spread over 2.29 acres of land. The basic price of the apartment ranges from Rs 40.58 lakhs to Rs 53.53 lakhs. Premium charges will be applicable for amenities facing and corner facing apartments. They are charging Rs 20 as the floor rise price.

Priotosh D , Bangalore

1st September 2015