Thursday, February 28, 2013

Shriram Summitt Electronic City Bangalore Project Review

Shriram Summitt is a pre launched project launched by Shriram Group located at Electronic city phase 1, Bangalore. Shriram Summitt Bangalore is offering you a choice of 1/2/3 BHK apartments with an area ranging from 610 sq feet to 1420 sq. feet.


Spread over 15 acres of sprawling land area. Bringing a real difference to the city, this residential project is blessed with modern day specifications like vitrified tile flooring in living/dining room, modular kitchen, uniquely designed bathrooms and many more.

More details and discussions of Shriram Summit Electronic City can be found in this forum.

Pashmina Brookwoods near Budigere in pre Launch offer

Pashmina Group pre-launch their new project Pashmina Brook Woods located at Budigere Road. As per the advertisement project Brookwoods located at Off Old Madras Road, Bangalore but it is further 4km away from Budigere Cross. As per the ad, Brookwoods is a perfect culmination of living and value. Spacious balcony, lofts for storage and separate washbasin, bathroom and toilet are some of the significant features of the apartments. The project coming up approximately 3 km from Prestige Tranquility will offer about 1500 apartments in 1 & 2 BHK configurations. The project will span about 10 acres.

 
 
Pros: Very Good Entry Price, Upcoming Area with lot of big builder's launching projects including Brigade Exotica, Prestige Tranquility, Also the upcomign KIADB's Aero & IT Sez
 
Cons: BBMP Dumpyard is very near but it might closed down within few years, Water contamination due to this dumpyard might be an issue.
 
 

Sobha Indra Prasthan – Pre Launch Project Review

At Minerva Mills, Rajajinagar Sobha to launch their new project. The project is named as Sobha Indra Prasthan which will be spread across 15 acres and will also consist of commerical development including a mall. Further details of the project are awaited. Sobha Indra Prasthan will offer about 356 apartments spread across 8 acres  in a high rise construction spanning 37 floors.
The following options are available for sales from Sobha Indraprastham @ Rajajinagar
  • 3 BHK – 1950 to 2280 sft
  • 4 BHK – 2964 – 3775 sft
Pre-launch pricing of Rs. 10,295/- per sft as of Feb end but it might increase depend on the sales data.

Pros:
 Sobha Brand is very good in Bangalore, Located near to  Magadi Road & Hosahalli Metro Stations and the area is well established residential area with close proximity to schools,shopping malls & hospitals
Cons:
Very High Price, No Floor Plans, Final Layout details...



 

Introduction to Bangalore Pre Launch Project website

This website is to give information on new Project launches in Bangalore. Especially in pre launch states where you can get at best rates and make maximum profit out of the real estate appreciation in Bangalore. Now it became a trend in Bangalore to

Advantages of Pre launch:

You can get best possible sq feet rates.. May be some more discounts like waving off floor rise charges, premium facing flats or even cark parking charges etc.

Disadvantages of Pre Launches:

Mostly you wont get any approval documents as most of the pre launches are done during the very intial stage where only one agreement with Landowner and Builder will be there to execute the project. Land might not have acquired and the legals and regulatory approvals will be under process.
So there is very high risk in joining a project at pre launches.

Recent Pre launch projects in Bangalore are

1. Sobha Indra prastha

2.