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Versatile Palm Avenue Phase I

By: Versatile Constructions Private Limited in Patia

54.24 L onwards

  • Total Project Area 5.00 Acres
  • Total Units 140 Units
  • BHK 3 BHK
  • Area (157.47 - 207.36 sq.m)
  • Possession Dec-2015 (Ready-to-move)
  • Price Range 54.24 L - 71.42 L
  • Property Type Apartment

Unit Configuration

Unit Types
Super Built-Up Area
Carpet Area
Price
Floor Plans
3 BHK Apartment Availability*: Sold out
1695 - 2232 sq.ft (157.47 - 207.36 sq.m)
NA
54.24 L - 71.42 L

*Availability Yes/Sold Out depicts Availability with Builder only.Taxes and other charges may apply. Last Updated on 05-Sep-2025

Location

Master Plan

MASTER PLAN

Amenities - Versatile Palm Avenue Phase I

  • Indoor
  • 24Hrs Backup Electricity
  • Society
  • Cafeteria
  • Club House
  • Covered Car Parking
  • Gated Community
  • Gym
  • Landscaped Garden
  • Lift
  • Play Area
  • Rain Water Harvesting
  • Security Personnel
  • Swimming Pool

Specifications - Versatile Palm Avenue Phase I

General

STRUCTURE
RCC Framed Structure

FLOORING & WALL TILES
2'x2' Vitrified Tiles flooring in Drawing, Dining, Living room & Balcony
Ceramic Tiles flooring in Kitchen
Anti-Skid ceramic tile flooring in Bathrooms
Glazed Tiles up to 6' height in Bathrooms wall
Glazed Tiles above kitchen table top up to 2' height

FIXTURE & FITTINGS
Concealed Electrical wires of reputed brand
Modular Switches / sockets of reputed brand
AC points in Living / Dining and all Bed rooms
Premium Quality CP fittings of reputed brand
Premium Quality Sanitary fittings of reputed brand
Stainless steel sink
Provision for Exhaust fan & Geyser

DOORS & WINDOWS
MAIN DOOR
Factory made flush door (both side teak veneer)
OTHER DOOR
Masonite doors (one side teak veneer)
WINDOWS
Powder coated Aluminum windows / UPVC sliding shutter with glass

WALLS
INTERNAL
Wall putty with one coat of white primer
EXTERNAL
Combination of texture & weather resistant paints



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Properties in Versatile Palm Avenue Phase I

About Versatile Palm Avenue Phase I

About Project:. Versatile Palm Avenue Phase I is an ultimate reflection of the urban chic lifestyle located in Patia, Bhubaneswar. The project hosts in its lap exclusively designed Residential Apartments, each being an epitome of elegance and simplicity.


About Locality:. Located at Patia in Bhubaneswar, Versatile Palm Avenue Phase I is inspiring in design, stirring in luxury and enveloped by verdant surroundings. Versatile Palm Avenue Phase I 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:. Versatile Palm Avenue Phase I is engineered by internationally renowned architects of Versatile Constructions Private Limited. The Group has been involved in producing various residential and commercial projects with beautifully crafted interiors as well as exteriors.


Units and Interiors:. Versatile Palm Avenue Phase I comprises of 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:. Versatile Palm Avenue Phase I 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 Patia.


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The information provided herein have been collected from publicly available sources, and is yet to be verified as per RERA guidelines.*

About The Builder :

Versatile Constructions(P) Ltd. was founded in the year 1996 and has completed 7 (seven) housing projects and one commercial building in Bhubaneswar.
Two residential housing projects are under construction and two more projects have been approved by BDA including Palm Avenue.
The guiding principal of the company has been to work within the framework of law and create a foundation of trust and good will by providing the best value for money, to its customers.

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About The Locality :

Patia is one of the upcoming localities in the city of Bhubaneswar. Located in the northern part of the city, Patia is a calm and peaceful locality, and is considered as a haven for people who are looking for a neighbourhood away from all the hustle and bustle of the city centre. Patia is a hub for renowned educational institutions, hospitals, and apartments. Due to such reasons, and also the infrastructural development, Patia has attracted a lot of people from different parts of the city, resulting in an upsurge in the real estate market. Some of themany educational institutions include Kalinga Institute of Industrial Technology (KIIT), Biju Patnaik Institute of Management Studies, St. Xavier's College of Science & Technology, National Institute of Fashion Technology (NIFT), and Sai International School. Patia is also home to hospitals like Kalinga Institute of Medical Sciences, Pradyumna Bal Memorial Hospital, and L.V. Prasad Eye Institute. Apart from being an educational hub, the locality also has all the amenities located not too far away. Food Bazaar and Big Bazaar are two most well-known supermarkets, and Maruti Mall is the main shopping mall in the area.

Connectivity and Transit Points

With major roads like Nandan Kanan Road, Infocity Way, and Technology Corridor, Patia is well-connected to many parts of Bhubaneswar like Chandrasekharpur, Raghunathpur, Barimunda, and Patharagadia. The locality is also connected to other major areas located nearby through specific roads. The BCB (Bhubaneswar City Bus) buses connect Patiato most other areas in the city. Some of the bus stations close to the locality are the ones at Sikharchandi, KIIT Campus, Silicon College, and Patia Square. The citys major railway station, Bhubaneswar Railway Station, is located only about 4 km away. Other railway stations close to the locality are Mancheswar Railway Station and Patia Halt Railway Station. Autorickshaws and tempos are also popular modes of transport in this region. Biju Patnaik International Airport is situated about 14 km away from Patia, and is easily reachable by BCB buses and cabs.

Major Landmarks

  • Domino's Pizza
  • Star City
  • Magnetic Square
  • Chandaka Electric Substation
  • Cafe Arabia

Factors for Growth in the Past

Over the last decade, Patia has been witnessing a boom in construction. The upcoming housing colonies, commercial markets, and recreational centres have added value to this region, making it one of the most sought-after localities in Bhubaneswar. Another reason for its growth is its proximity to the important city centres. The rapid improvement in social and physical infrastructure has given a much needed boost to this locality.

Residential & Commercial Markets

Although Patia and its surrounding localities have witnessed a steady growth in infrastructure development, the last year has seen a significant reduction in the real estate sector.

Residential Market Trends

Patia is set to be one of the top residential areas of Bhubaneswar due to the rate of development. Almost half of the properties in Patia are apartments, followed by independent houses and villas. In the second quarter of 2014, the sale prices for multi-storeyed apartments in Patia ranged between Rs. 2,900 and Rs. 3,000 per sq. ft. and rental prices between Rs. 8 and Rs. 9 per sq. ft. The sale prices of builder floor apartment in Patia, on the other hand, ranged between Rs. 2,900 and Rs. 3,200 per sq. ft, and rental prices between Rs. 8 and Rs. 9 per sq. ft.

Commercial Market Trends

Patia has been witnessing excellent commercial real estate activity, and the demand is growing by the day. The rental prices for commercial office spaces were between Rs. 18 and Rs. 23 per sq. ft. This is mainly due to the large presence of the IT industry.

Major Challenges

The major challenge the locality faces is the lack of planned development. There are a lot of waterlogging issues faced by the residents during the monsoon season. This is due to the lack of proper drainage systems, resulting in mosquito menace and water and mosquito related diseases.

Factors for Growth in the Future

Patia has been a locality buzzing with activity. With the rise in the presence of top IT companies like Wipro and Infosys, there is bound be a lot of development in terms of physical, economic, and social infrastructure.Recently, there are a number of developers who have started constructing apartments in this region. But the land is soon running out and this might not be a great ending for the locality.

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The information provided herein has been collected from publicly available sources and is yet to be verified as per RERA guidelines.*

463, Lewis Road, Bhubaneswar, Odisha, INDIA.

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Frequently Asked Questions on Versatile Palm Avenue Phase I

The project is located in Near KIIT University, Patia, Bhubaneswar, Orissa, INDIA

Apartment sizes in the project range from 1695 sqft to 2232 sqft.

The area of 3 BHK apartments ranges from 1695 sqft to 2232 sqft.

The project is spread over an area of 5.00 Acres.

The price of 3 BHK units in the project ranges from Rs. 54.24 Lakhs to Rs. 71.42 Lakhs.

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