Sri Saila Elite

By: Lakasa Promoters & Developers in Basapura

About Project:. Sri Saila Elite is an ultimate reflection of the urban chic lifestyle located in Basapura, Bangalore. The project hosts in its lap exclusively designed Residential Apartments, each being an epitome of elegance and simplicity.

About Locality:. Located at Basapura in Bangalore, Sri Saila Elite is inspiring in design, stirring in luxury and enveloped by verdant surroundings. Sri Saila Elite is in troupe with many famous schools, hospitals, shopping destinations, tech parks and every civic amenity required, so that you spend less time on the road and more at home.

About Builder:. Sri Saila Elite is engineered by internationally renowned architects of Lakasa Promoters & Developers. The Group has been involved in producing various residential and commercial projects with beautifully crafted interiors as well as exteriors.

Units and Interiors:. Sri Saila Elite comprises of 2 BHK and 3 BHK Apartments that are finely crafted and committed to provide houses with unmatched quality. The Apartments are spacious, well ventilated and Vastu compliant.

Amenities and security features:. Sri Saila Elite offers an array of world class amenities such as Apartments. Besides that proper safety equipments are installed to ensure that you live safely and happily with your family in these apartments at Basapura.

A new entrant to Bangalore’s city limits, Basapura is born out of the city’s rapid expansion. Once a village, it has rapidly transformed into an urban haven.

Even though Basapura is situated in the outskirts, it is quite conveniently placed, lying along the busy National Highway 7 (NH-7). While the famed Electronic City lies towards the south-east, areas like Singasandra, Naganathapura, Rayasandra, and Vittasandra surround it from all sides.

As is the case with many of Bangalore’s recently developed localities, Basapura is commercialised to a good extent. Thus, residents of the locality do not have to step out to access basic amenities. The neighbourhood has everything from grocery stores to luxury car manufacturers, making it well-rounded.

Connectivity and Transit Points

As Basapura lies along the NH-7, Hyderabad is easily accessible from here. The highway also connects major cities in the north, like Varanasi and Jabalpur, to other south Indian cities such as Salem, Madurai, and Dharmapuri. Within the city limits, commuters can quickly cover the 10km stretch from Electronic City to Silk Board Junction using this highway.

Public buses are a convenient form of travel. The Hosa Road Junction bus stop is easily accessible. Bangalore City Railway Station, one of the busiest train stations in India, is situated nearly 20km away. One can use this station to travel to other major cities across India. On the other hand, air connectivity is facilitated by Kempegowda International Airport, which is a little over 50km by road from Basapura.

Major Landmarks

Audi Bengaluru

Beratena Agrahara Lake/Basapura Lake

Religare Wellness Ltd

The Pentecostal Mission

Sony Centre

Income Tax Centralized Processing Centre

Factors for Growth in the Past

Basapura has come a long way from being an under-developed area to a bustling suburban locality. The establishment of Electronic City situated less than 5km away has contributed significantly to the overall growth of Basapura.

The construction of Bangalore Elevated Expressway is another major factor that contributed to Basapura’s growth. This 9.9km highway was seen to be a major growth factor, drastically reducing the traffic levels, especially from Electronic City to Silk Board Junction.

Residential Market Analysis

While Basapura is primarily a residential locality, the short NH-7 section plays host to a number of commercial zones. Residentila Apartments in Basapura are the dominant property in the area. If one wants to buy property, the average selling price comes up to Rs 3,000 per sq. ft. to Rs 3,400 per sq. ft. The rental prices, on the other hand, vary depending upon the type of apartment and exact location. One can expect rental rates in the range of Rs 12 -15 per sq. ft. in Basapura.

Major Challenges

The residents of Basapura have, in recent times, complained of the lake being polluted. The lack of drains has caused excessive waste disposal in the lake, severely affecting the ecology. Also, the Basapura Main Road, which is a major connecting road to Bannerghatta via Begur, is not well laid and needs immediate attention.

Factors for Growth in the Future

Phase-II of the Bangalore Metro is proposed to connect RV Road to Bommasandra. It will consist of 16 stations, with Basapura being one of them. Once the station is operational, it will boost the connectivity of the region. The Bangalore-Mysore Infrastructure Corridor project is also expected to positively impact Basapura’s growth.

Residential project development is bubbling with energy in Basapura. Some of these projects include MSR Daffodils, Prabhavati Lotus Grand, Sohan Silver Spring, and Krishna Mystiq.