Projects

Bengaluru Real Estate hits a all time high!

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This one time we’re not referring to the iconic superhero, but the prices of homes in the city of Bangalore. Even though real estate markets across the country are getting hammered because of the economic slowdown, rising interest rates, delays in project approvals and piling unsold inventory, Bangalore seems to be totally unaffected by this dark streak and has maintained and increased its prices of property(Much to the dismay of current and to-be wishful Bangalore property purchasers).

The reasons why Bangalore is performing better than other Indian markets are the more reasonable price spikes and better execution of projects. Statistics show us that while residential purchase witnessed a slowdown across major cities, Bangalore has escaped relatively unhurt, and witnessed a drop by just 18 percent. Even within Bangalore, the best performing areas in the city for the residential sector were areas in North Bangalore. These locations saw the highest demand and appreciation during the year. The improved infrastructure in this region, its proximity to Bangalore International Airport Ltd (BIAL) and overall enhanced connectivity helped North Bangalore become a much sought-after residential destination. Because of the infrastructure initiatives in various stages of construction and planning there, including the proposed high-speed rail link, the Hebbal-Yelahanka expressway, the elevated expressway to BIAL and the advent of the monorail, North Bangalore was one of the safest and most lucrative residential property investment bets of 2012. North Bangalore will continue to grow thanks to its massive potential for capital appreciation. Other top emerging destinations through 2012 were Tumkur Road, Vijayanagar and Magadi Road in West Bangalore, with capital value appreciation to around 12-15 percent. This region saw stable demand because of the developing metro line, which will provide enhanced connectivity. Yet another area to start edging its way into the limelight was Kanakapura Road, which has begun seeing the benefits of metro connectivity, the establishment of the NICE Road (the Bangalore-Mysore Infrastructure corridor), the availability of Cauvery water and its affordable price points. For retailers, mall developers and retail space investors, North and East Bangalore are definitely the areas to watch out for. The rapidly developing infrastructure and expanding residential catchments in these locations are reasons of vastly increased retail activity over mid to long term basis. Our sincere advice to small investors is to go for residential projects in which units are priced between Rs 80 lakh and Rs 1 crore as three-BHK units are going to be the fastest-moving and appreciating products in 2013 and beyond.

So, at the moment and in the near future, the stars of fortune have decided to keep shining in Bangalore’s favour. How long this win for Bangalore will last is a question of time and economic factors. The future may hold its ups and downs for Bangalore, but right now it’s just up and more ups

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36 Acres of luxury with Primanti

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Primanti encapsulates your dream of living a picturesque life. It brings together tree-lined boulevards with contemporary luxurious necessities. As you walk, you can witness picturesque pergolas and water bodies dappled with sunlight and shade and glimmering through the trees. Primanti is envisioned in a way where nature’s boundless beauty meets every luxury you’d expect only in your dreams. Be it walking to the spa through the manicured lawns or entertaining yourself in an outdoor pool amid lush greens, it’s everything you have always dreamt of. Ensconced within these landscaped gardens are premium villas, duplexes and luxurious tower residences, with elevated courtyards, open terraces and private gardens.

If you think we are describing a Gatsby lifestyle, then be surprised again because with Primanti Villas, you can now own this lifestyle and turn the tree-lined boulevard into your own private basement carport. Spanning across 7000 sq.ft and 8500 sq.ft, these villas are 5 level, 4 bedroom residences with an exclusive garden, private pool and gym area. There’s a private elevator too that will whisk you into the triple-height entry foyer and a private terrace with elevator.

If you belong to the chic and elegant clique, then we have Executive Floors for you that are two Luxurious Duplexes housed in exclusive 4-storey elegantly designed buildings. Rightly named ‘Primanti Garden Estate’ because of the elegant expanse of the project, the Lower Floor is approx. 4000 Sq. Ft. (Ground & First Floor) featuring 4 spacious bedrooms and exclusive green landscaped gardens and the upper 6000 Sq. Ft. (Second & Third Floor) Duplex has an open terrace with a roof garden and a personal plunge pool.

36For the lovers of ‘space’, there are Executive Apartments housed in G+9 and G+11 storey mid-rise buildings with just one apartment on each floor. All apartments are open on 3 sides. These 3300 sq.ft., 4 BHK units feature a unique double height living area. The top 2 level penthouse units have grand open terraces while the ground floor units have 3 bedrooms with attached private garden areas.

Tower Residences are luxurious 3 and 4 BHK apartments, surrounded by interconnected orchards, formal gardens and squares. These 22 to 40 storey, high rise towers offer you a breathtaking view of the surroundings. The 2185 sq.ft, 3 BHK apartments are housed in separate towers with 4 apartments on each floor. 4 BHK towers have a choice of two sizes of 4 apartments on each floor of the tower – larger 2905 sq.ft. units and smaller 2625 sq.ft. units.

Primanti is located at Sector 72 in Gurgaon on Southern Peripheral Road. A 150-metre wide road leads into the site, connecting Sohna Road to NH 8. Its proximity to NH 8 gives you high speed access to airports, business centres, shopping malls and many other important destinations like New Delhi. It’s not just a home, but a landscape designed to nurture well-being. Living here is an experience that strives to achieve perfect harmony between your body and soul.