BLR-NEA-SRA

Premium Plotted Development, East Bangalore
100 Percent
Sold Out
24 months
Project Duration
26 %
Projected IRR
Project Summary

The BLR-NEA-SRA development is a mid-sized premium plotted development project in an up-and-coming location of East Bangalore close to KR Puram and Whitefield. This mid-sized development is spread over about 20 acres and is within easy commuting distance to the major employment locations Whitefield.

Financial Overview
₹1500
Market Price when offered by SO
₹999
Exclusive SmartOwner Price
26%
Projected IRR
24 months
Project Duration
Location Overview

East Bangalore is the epicentre for Bangalore’s IT industry with the top 3 IT hubs being located in this area (Outer Ring Road, Whitefield and Electronic City). This area is also home to most of the premium gated communities of Bangalore, the best hospitals in the city (Sakra, Manipal, Narayana, etc.), the best schools in the city (TISB, Indus, Inventure, Greenwood, etc.). One of the fastest developing parts of East Bangalore is the Sarjapur area due to its central location between all 3 IT hubs and large tracts of developable land. In addition, this area has excellent access to the Outer Ring Road (ORR).

Comparable Projects

Project NameTypeStagePrice(Rs.)SpecsLocationRoad
Shriram MalharPlotsPhase -I sold out2,000InferiorMarginally BetterIttangur- Kuthaganahalli road
Aditya homesPlotsSold Out1,650InferiorComparableIttangur- Kuthaganahalli road
OxygenPlotsPre-launch1,650InferiorInferiorSarjapura-Bagalur road
Urban HabitatPlotsSold Out1,500InferiorComparableIttangur- Kuthaganahalli road
PSR coralPlotsLaunched1,499InferiorComparableSarjapura-Bagalur road
Pebble creekPlotsLaunched1,450InferiorComparableNH-207 
 Sai MetroPlotsPhase II-Launched1,399InferiorInferiorIttangur- Kuthaganahalli road
Property Information

This is a premium plotted development created by one of India's largest business conglomerates. The development is within minutes of NH 4 and has good amenities and a clubhouse.

Project type
Premium Plotted Development
Project status
New Launch
Development Size
>20 Acres
Amenities
  • Club House
  • Swimming Pool
  • Party Hall
  • Health Club
  • Spa
  • Children Play Area
Accessibility

On 40-foot road, 10 minutes from NH4
20 minutes from Whitefield
In an up-and-coming location of East Bangalore
Close to KR Puram and Whitefield

Pricing Structure
This project is structured as follows:

SmartOwner’s offer is structured such that other charges (Bescom, STP, WTP, Legal, Clubhouse, Maintenance, etc.) will be collected at the time of hand-over of possession.

For those clients who wish to resell their property, the marketing company, under a 12-month marketing agreement, may resell the plots for a fee of Rs.150 per square foot. The developer will be entitled to a bonus of Rs.50 per sft should the resale occur within 6 months and a bonus of Rs. 75 per sft should the resale be at Rs.1650 or higher.
Market Price when offered by SO
₹1500
Exclusive SmartOwner Price
₹999
Overview

East Bangalore is the epicentre for Bangalore’s IT industry with the top 3 IT hubs being located in this area (Outer Ring Road, Whitefield and Electronic City). This area is also home to most of the premium gated communities of Bangalore, the best hospitals in the city (Sakra, Manipal, Narayana, etc.), the best schools in the city (TISB, Indus, Inventure, Greenwood, etc.). One of the fastest developing parts of East Bangalore is the Sarjapur area due to its central location between all 3 IT hubs and large tracts of developable land. In addition, this area has excellent access to the Outer Ring Road (ORR).

Comparable Projects

Project NameTypeStagePrice(Rs.)SpecsLocationRoad
Shriram MalharPlotsPhase -I sold out2,000InferiorMarginally BetterIttangur- Kuthaganahalli road
Aditya homesPlotsSold Out1,650InferiorComparableIttangur- Kuthaganahalli road
OxygenPlotsPre-launch1,650InferiorInferiorSarjapura-Bagalur road
Urban HabitatPlotsSold Out1,500InferiorComparableIttangur- Kuthaganahalli road
PSR coralPlotsLaunched1,499InferiorComparableSarjapura-Bagalur road
Pebble creekPlotsLaunched1,450InferiorComparableNH-207 
 Sai MetroPlotsPhase II-Launched1,399InferiorInferiorIttangur- Kuthaganahalli road
Surroundings
Ascendas Mall, Bangalore
Ascendas Mall
One of the best Shopping Mall
Columbia Asia Hospital, Bangalore
Columbia Asia Hospital
Multispeciality Hospital
International Tech Park, Bangalore
ITPL
International Tech Park
Sigma Tech Park, Bangalore
Sigma Tech Park
IT Park in whitefield
Forum Value Mall, Bangalore
Forum Value Mall
Very popular Shopping Mall
Greenwood High School, Bangalore
Greenwood High School
Highly reputed School
TISB, Bangalore
TISB
The International School, Bangalore
Sakra World Hospital, Bangalore
Sakra World Hospital
Multispeciality Hospital
Job Trends

Whitefield has 40 million square feet of offices employing close to 400,000 well-paid IT workers. A further 30 million square feet of offices are planned in Whitefield and should almost double the number of people working in this Tech hub.

International Tech Park, Bangalore
ITPL
International Tech Park, Bangalore
Sigma Tech Park, Bangalore
Sigma Tech Park
IT Park in whitefield
Nearby Schools

Some of Bangalore's (and India's) best schools, including TISB, Indus, Inventure, Greenwood High, etc. are located close to Whitefield.

TISB, Bangalore
TISB
The International School, Bangalore
Greenwood High School, Bangalore
Greenwood High School
Highly Reputed School
Social Infrastructure
Ascendas Mall, Bangalore
Ascendas Mall
Shopping Mall Adjoining ITPL
4 km

Malls: Whitefield has the highest concentration of malls in the city, including the massic Phoenix Mall and several mid-sized and smaller malls.

Forum Value Mall, Bangalore
Forum Value Mall
Very Popular Shopping Mall
2 km

Entertainment: Whitefield has an abundance of restaurants, bars, 5-star hotels and multiplexes and is fast becoming an entertainent destination in its own right.

Columbia Asia Hospital, Bangalore
Columbia Asia Hospital
Multispeciality Hospital
2 km

Hospitals: Top hospitals such as Columbia Asia, NH Narayana, Telerad RxDx, Sakra World are located in Whitefield. Two of Bangalore's best hospitals, Sakra World Hospital and Manipal Hospital, are within a 30 minute drive away.