Shriram
Properties Whitefield Extension, Bangalore
About the Builder:- Shriram Properties will invest
Rs 15,000 crore over the next 7-8 years for the development of around 30
ongoing projects, largely residential, across six major cities.
Chennai-based Shriram
Properties, the real estate arm of financial giant Shriram Group, has also
decided to focus on affordable housing after the government's decision to
accord infrastructure status to this segment as well as provide other tax sops
and interest subvention to home buyers and,builders.
"We have completed and delivered about 15 million sq ft and are currently developing 25-30 projects comprising 60 million sq ft area in Chennai, Bengaluru, Hyderabad, Vizag, Coimbatore and Shriram Blue New Launch a luxury residential Project developed By Shriram Properties Location: Old Madras Road Bangalore.
"We have completed and delivered about 15 million sq ft and are currently developing 25-30 projects comprising 60 million sq ft area in Chennai, Bengaluru, Hyderabad, Vizag, Coimbatore and Shriram Blue New Launch a luxury residential Project developed By Shriram Properties Location: Old Madras Road Bangalore.
Location advantage :- Bengaluru has emerged as a shining spot for
real estate investors offering a sound return on investment and assured rental
income. With the IT/ ITeS sector driving real estate demand, the city boasts of
strong macroeconomic dynamics and stability.
Despite
demonetization, property prices in Bengaluru have not witnessed any violent
fluctuations or crash and the real estate market of the city hasn’t lost its
momentum. According to experts, around 40% of the under-construction projects
will be ready-to-move-in the next three-four quarters.
For
investors looking for a stable market with a long-term horizon, Bengaluru
provides many attractive options. Most of these residential hubs are
self-contained units with amenities such as parks, hospitals, schools and
colleges, retail outlets, and restaurants. Here’s a list of five promising
residential hubs to help investors make an informed choice:
East Bengaluru
While
Whitefield is an established corporate and residential hub in East Bengaluru,
Varthur and Budigere are upcoming areas catching the fancy of many investors.
Several
residential projects coming up in these localities will be ready for possession
in two to three years’ time. This part of Bengaluru is ideal for investment in
residential projects ranging in the Rs 70-80 lakh bracket.
The
area is home to established IT/ ITeS companies as well as start-ups and
promises high price appreciation and return on investment on residential
properties.
Infrastructure
initiatives: The buzz around properties in Whitefield has grown as it falls on
the route of the upcoming Purple Line of Phase 2 of Namma Metro. South Western
Railways has also started a train service from Majestic to Whitefield in the
morning to ease traffic woes.
Project
information :- Shriram
Blue is a new luxury upcoming apartment situated at a top real estate developer
is Shriram Properties, project is very close to Seegehalli Main Road, Off Old
Madras Road, K.R. Puram, East Bangalore. Project is spread across 8.5 acres of
land and it is well connected to IT hub, best place to survive here. Project
total no of units is 460 approx, and its unit configurations is 1,2,3 BHK Sky
Condominiums & 3 BHK Sky Duplexes.
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