Bangalore is a city
where change is constant. From Pensioner s Paradise or The Garden
City of India, the city has evolved into "The Silicone Valley of
India" and "Asia s Fastest Growing City." Its civic
infrastructure, the upcoming international airport and the ring roads,
all symbolize the city s changing scenario. Glass-fronted buildings,
massive apartment complexes and swanky malls dominate Bangalore s
skyline. The Information Technology sector has fuelled the city s
exponential growth and several commercial and residential complexes are
mushrooming in the city to cater to the space requirements of this sector.
The city has pioneered several ‘concepts and the latest trend
in the property sector is that of townships. Builders are packing projects
with high-class amenities to make them more ‘saleable . Property
acquisition in the city has acquired a two-pronged benefit- a convenient
and comfortable place to stay in and a good asset to acquire.
While
60 percent of the homebuyers segment prefers to invest in apartments,
the remaining 40 percent still want to construct their own homes. Many
major developers in Bangalore are trying to recreate global landscapes
in the city and are targeting perceptive customers with a longing to buy
sylvan up market spaces brimming with amenities. The projects are characterized
by premium infrastructure set amidst landscaped open spaces. The projects
with their superior amenities and facilities are slated to harness greater
economic activity in the suburbs of Bangalore. The residential layouts
in the city offer traditional villas- for sale at reasonable prices -
and modern houses with facilities on par with international standards.
Clients have a wide pick of real
estate developers and promoters who are undertaking the construction
of the villas and houses. Several nationally reputed banks and real
estate investment and financing consultants have launched unique
home loan schemes for property buyers in India and abroad. Bangalore has
become the ultimate destination of real
estate buyers as it offers prestigious properties with better price
appreciation.
‘DSR Elite is a project by DSR Constructions and is coming
up on the Mahadevapura Outer Ring road. It extends across 3.75 acres and
has 69 attractively designed deluxe town houses set amidst lush landscaping
and open spaces. Each house is equipped with modern amenities and premium
specifications. The houses have utmost privacy and the common amenities
of the project include a clubhouse, swimming pool, a well-equipped gymnasium
and outdoor children s play area. The project is located in close
proximity to the IT Corridor in Whitefield.
‘The Retreat is an exclusive residential enclave in Bangalore
spread across 40 acres. It is offering 200 developed plots with Mediterranean-style
villas having covered twin car parking and high-end specifications. It
will have a luxurious clubhouse in its centre with a clubhouse, swimming
pool and a health club. The project will have a three-hole golf course
and a huge artificial lake. Every plot has a sapling of coconut, guava,
mango, pomegranate and chikoo. The project s basic amenities include
asphalted roads, tree-lined avenues, a large centralized underground tank,
street lighting, handicap-friendly walkways, 24-hour security and sewage
treatment plants. The project is located near Devanahalli.
The Eagleton Residential Enclave is located on Mysore Road. It offers
ready-to-build sites and luxury villas. The sprawling residential enclave
has 1,405 plots or designer villas on offer and they are set around a
large golf course in 21 clusters. The project has plots of different
dimensions
and the 460-acre enclave is surrounded by a seven feet high stonewall
with three feet of electrical fencing on top. Each site has electricity,
water supply, telephone connection, sewerage network, storm water drains
and 10 saplings. Chamundeswari Buildtech Pvt Ltd has developed the project.
‘Eagleton- The Golf Village has a 168-acre, 18-hole golf
course that has been designed by Australia-based Pacific Coast Design
Pty Ltd.
Golden Homes at Liberty Acres is a well-designed housing enclave with
99 villas. The township is characterized with landscaped parks, water
bodies and contemporary facilities. The project has underground power
cabling, a water filtration plant, avenue plantations and courtyards and
gardens for each villa. The project s leisure and recreational facilities
include a health club, a swimming pool, a gym, a restaurant and a party
hall. The villa has high-quality specifications such as marble flooring
for living and dining areas, premium fittings in the toilet, teakwood-framed
main door, and a black granite platform in the kitchen. The integrate
township has wide tree-lined avenues, a six feet high compound wall, well-manicured
gardens and pathways and ample street lighting. The project is located
off the Hosur Road and close to the IT hubs of Electronic City and Sarjapur
Road. It is being developed by Golden Gate Properties Ltd, a public limited
company in Bangalore.
Vakil Whispering Woods on Hosur Road has been developed by Vakil Housing
Development Corporation. It extends across 120 landscaped acres and offers
residential infrastructure on par with global standards. More than 50
percent of the project s land is reserved for open spaces and recreational
facilities. It has a ‘Butterfly Park with butterflies in
an artificial flower garden. The project s other recreational facilities
include a swimming pool, a well-equipped gym, a snooker parlor, a children s
play area, a volleyball and basketball court, and a jogging track. The
project is BMRDA-approved and has 24-hours security. It also has an area
allocated for a mini-commercial complex.
‘Cloud 9 is located on Hosur Road near Electronic City. It
has been developed by the Nu-tech Prasiddhi Consortium and has 128 independent
villas. The villas are equipped with state-of-the-art facilities and have
twin covered car parking. Plot areas are over 2,400 square feet and the
landscaped areas have coffee, pepper, coconut and jackfruit trees. The
project is BMRDA-approved and has a clubhouse, swimming pool, amphitheatre,
jogging track, children s play area and a gymnasium.
Integrated townships and sustainable development have become the real
estate buzzwords today and developers across Bangalore are creating
integrated enclaves, townships and neighborhoods. These projects are the
stepping-stones for satellite towns and offer a better quality of life.
The projects also fulfill the buyer s dream of owning a piece of
land in the city!
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