Category : RERA

Affordable Housing Buying property Infrastructure development in India Real Estate RERA Smart Residential Living

Real Estate Transformation: Making Property Transactions more Transparent

Nov 13,2019 / By / No Comment

Real Estate in India is going through a major transformation today and with quite obvious reasons. So, we should look into the broader picture in this perspective rather than concentrating on the figures of only a city or a state or just any region.

Let us accept this at the outset that things are very bright and promising for the end consumer, without whom the market does not exist, as at last a regulatory body has been placed on top of this sector to protect their rights. RERA has laid down rules which will also help even the developers in the long run.

The safeguard of the buyers was a major issue that was long delayed. This single step is going to boost the buying sentiment a big time in years to come and this implementation of RERA will sustain that boost for sure.

Such transparency in real estate transactions was very much required when we consider the amount and the buyer spends out of his whole life’s earning to purchase or invest in a property of his dream. This is a phase when the Real Estate fraternity has to stand together to get this RERA implemented smoothly across the country which will benefit them for generations to come.

Along with this, the obvious steps to recognize this mammoth of the industry as an Industry, at last, is going to help even further. This will help the industry people even more. With easy funding facilities to come in, this will attract more entrepreneurs for sure. And we know what can be the outcome if that actually happens consistently.

Truly a huge scope of development is awaiting a developing country like ours. And, most importantly, the Pradhan Mantri Awas Yojna is actually a game-changer. A country which needs homes for the mass was delivering more for the class for decades. This country, which lives more without an owned shelter, was delivering more for the rest. The thought to do otherwise was obviously there. But such public support was surely needed. With this scheme dedicatedly focusing only on Affordable Housing with lots of benefits for the buyer and also the developers, a true boom has, at last, come to the Indian Real Estate. We really believe that this trend is going to continue even after this PMAY scheme is non-existent.

It is a really good time for both India and the Real Estate Industry to embrace each other and usher in an unprecedented era of sustained growth and development.

Rajesh Somani

Insights on Indian Real Estate by:
Mr. Rajesh Somani
Director – Somani Realtors Pvt. Ltd.

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TNRERA Directs New Chennai Township To Refund Buyer’s Money

Oct 30,2019 / By / No Comment
TNRERA Directs New Chennai Township To Refund Buyer’s Money

Chennai: Can residential projects sold through lease deeds come under the ambit of the real estate act?

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has entertained an application over a leased property, ordering the developer to return the payment of a homebuyer as the project reminds a non-starter.

The case concerns a project called ‘UTSAV’, contracted by New Chennai Township Pvt Ltd at Vellur in Cheyyur Taluk of Kancheepuram District. In a recent order, G Saravanan, an adjudicating officer of TNRERA, said R Thenmozhi and S Sriram booked a flat and paid an advance for it in February 2011. The developer had made a lease deed in support of the complainants for leasing a flat for a period of 99 years that was to be built by the former. While the total lease fee was Rs 16.69 lakh, the homebuyers had paid Rs 12.82 lakh. The possession of the flat was set within 3-months from the date of receipt of the entire lease amount, as per the deed that was registered a year later in 2012. Though 80% of the total fee of the lease value of the flat was paid, the order stated that the developer neither started construction work nor handed over the possession of the apartment so far.

The complainants circulated a notice in 2016 to cancel the lease deed and asked for a refund of the entire amount with interest. But, the developer failed to repay the amount. The complainants have taken bank loans to make their payments, who are allowed to relief,” the order added.

As per the order, the complainants are entitled to return of Rs 12.82 lakh with interest at the rate of 10.15% for the amount paid from the date of payment till repayment by the developer. The order further stated that “considering the facts and circumstances of the case, Rs 1 lakh is fixed as compensation towards mental agony and inconvenience caused to the complainants by the developer”. Towards registration and litigation expenses, Rs 16,790 and Rs 20,000 respectively have been given.

TNRERA also ordered the developer to refund the amount, interest, compensation and costs within 60 days. The order further added, “The complainants shall execute the cancellation of lease deed on the satisfaction of their claims at the cost of the developer”.

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Noida May Allow Registry of Flats Without NOC to Accelerate Deliveries of Projects

Sep 24,2019 / By / No Comment
Under-construction properties in Noida

You might hear or read that Noida tops the list of cities having the most unsold inventory. As much as over 1 lakh units still unsold by Noida builders. The major reason for the buyer’s unwillingness to buy under-construction properties. In addition, the impact is also visible on ready-to-move-in properties which have not yet received Occupancy Certificate (OC) owing to developers failing to pay land dues to the authority. This has not only to give a hard time to the home buyers but also has to lead to disturbance and left liquidity crisis in the city.

However, there is a reason for cheer for both builders and buyers as the district administration is considering granting the registry of property even if the authority has not given NOC to the project through an “agreement to sub-lease” between the builder and buyer. The builder lobby has welcomed this move saying that this will help in improving the city’s image and will further be effective in bringing more investment in the city.

The plan was discussed in a meeting held on Saturday between officials of the district administration and the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). The officials also evaluated changes in laws that now make it compulsory for the development authorities to allot Completion Certificates to builders within 8-days of applying for it.

I have explained above that in many cases it has been found that homes were ready, but the builder had not cleared the authority’s due and didn’t get a no-objection certificate (NOC). In such cases, the buyers are left in a stumble and would sometimes hang around into the homes they paid for but due to the unavailability of any valid documents for ownership.

As per district magistrate BN Singh, they can now charge the 5% stamp duty and register the flats on an agreement to sub-lease between the builder and the buyer”. He further explained that once the builder gets a NOC from the Noida Authority, it can finally sub-lease the property to the buyer. This would be a tripartite agreement between the builder, buyer, and the Noida Authority.

The DM further explained that once the Noida Authority provides NOC and Completion Certificate, we will then issue a final registry certificate with Rs 50 stamp duty.

As per the UP Urban Planning and Development Act, the Development Authority was supposed to respond within 3-months of application regarding issuing the completion certificate for a project. However, the law has now been revised to accelerate the delivery process with the increasing delays in the delivery of flats to homebuyers.

What is the new law saying?

As per the new law, the authority will grant NOC to developers according to the dues cleared. It means if a developer has paid 50% of the total dues then the authority will issue the NOC for 40% of the land area and keep 10% as a deposit. This will allow some of the buyers to get possession even if the developer has not paid the full dues to the authority.

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Land Title Insurance Compulsory For MahaRERA Registered Builders

Sep 23,2019 / By / No Comment
Land Title Insurance

Why Land Title Insurance Compulsory for MahaRERA Registered Builders?

The state housing department is set to make Land Title Insurance compulsory for MahaRERA registered builders, for which insurers are already in conversations with the regulatory authority to make a decision on the premium.

Land title insurance is a kind of reimbursement protection, which safeguards builders and customers against financial loss from mistakes in title to real property, among others. It had earlier unsuccessful to clear out due to high pricing and lack of transparency, as well as differences in the government records.

The Real Estate (Regulation and Development) Act 2016 (RERA) directives the purchase of title insurance for new and ongoing realty projects registered with the MahaRERA (Maharashtra Real Estate Regulatory Authority).

As per sources, insurance companies have already enforced the Insurance Regulatory and Development Authority of India (IRDA) for launching title insurance products. On the other hand, developers are demanding the state government should announce a separate notification in this matter.

Rajiv Parikh, the president of the state Confederation of Real Estate Development Association of India (Credai), told that “While title insurance is a must for assured titles, it is up to the government to make sure that electronically generated titles are made available so that insurance can be needed for these assured titles. Having said that, the government needs to settle differences in title records to bring more insurers to hit the sector,”.

He further added that even though the title insurance cover may start with new projects, the premium should not be too high as the developers would be passing it on to the buyers.

As per the sources, the premium may differ from 0.5 to 3% of the sum insured for a 7 years policy which can be extended further. Two transactions for the title insurance products have already succeeded in Mumbai and the state governments are in the process of establishing Land Title Bill and may acknowledge briefing the mandatory features of the title insurance too.

Assured insurance for the title will benefit consumers to attempt the insurance in case of any differences said State settlement commissioner S Chockalingam, who has been instrumental in recommending for the title insurance.

He further added that once, the state government makes it compulsory, the state real estate regulatory body can execute it among promoters of new projects.

At the same time, the government would have to control the premiums as the consumers are not too interested in title insurance over the fear of increasing the cost of the property.

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20 Most Affordable Housing Projects in Bangalore

Sep 20,2019 / By / No Comment
List of affordable housing projects in Bangalore

“Affordable Housing” is a very popular word these days in the Indian Real Estate Sector. With a fast population shift from rural to urban areas, home buyers look for a property which is economical, affordable and within the reach of their pockets. Therefore, people are getting attracted to the Affordable Housing Scheme. Even in cities like Bangalore, with on average higher purchasing power compared to many other cities such as Delhi, Mumbai, Gurgaon, Chennai, Ahmedabad, and Pune, the demand for affordable housing is increasing at a very fast pace.

While building cost-effective homes is a challenge in itself. To meet the growing demand for affordable housing, the Government of India and all the major real estate players have come up together with a number of low budget housing schemes and plans. Government’s ‘Pradhan Mantri Awas Yojana’, ‘Housing for all by 2022’, and ‘Public-Private Partnerships for Affordable Housing’ are some of the major incentives that are helpful in the growth of the affordable housing sector in India.

Even in cities like Bengaluru, where the average buying capacity of people is higher as compared to other cities, home buyers look for properties that are well within the reach of their pockets.

So, if you are planning to buy affordable homes in Bangalore, here are the top 20 affordable housing projects that offer 1, 1.5, 2, and 3 BHK housing units within your budget:

List of 20 Affordable Housing Projects In Bangalore:

Projects Name

Builders Name

Location

Tata New Haven

TATA Housing Dev Co Ltd

Tumkur Road

Concorde Epitome

Concorde Group

Electronic City Phase II

Concorde Spring Meadows

Concorde Group

Tumkur Road

LGCL Happy Days

LGCL

Off Hennur Road

Pride Palatia Phase I

Pride Group

Hennur Road

Goyal Orchid Greens

Goyal & co.

Kannur

Artha Emprasa Startup City

Artha Property

Hoskote

Avanti by Shriline

Shriline Properties Pvt Ltd

Attibele – Anekal Road

Brigade Bricklane

TooGoodHomes by Provident

Brigade Group

Provident Housing Limited

Jakkur

Thanisandra Main Road

Pride Sunrise

Pride Group

Bannerghatta Jigani Road

Brigade Parkside East

Brigade Group

Sarjapur Road

Brigade Parkside West

Brigade Group

Mysore Road

Iconest 3

Icon Homz

Bommasandra

Provident Park Square Ph-II

Provident Housing Limited

Judicial Layout 2nd Phase

Brigade Parkside North

Brigade Group

Jalahalli

Gallium at Brigade El Dorado

Brigade Group

Bagaluru

Confident Oxygen

Confident Group

Sarjapur Road

Provident Equinox

Provident Housing Limited

Kambipura

Provident Capella

Provident Housing Limited

Whitefield

  1. Tata New Haven

The luxurious residential development Tata New Haven by TATA Housing Development Co Ltd strategically located in Tumkur Road is offering 1.5, 2, and 2 BHK residential units ranging from 708-1286 sq.ft. with modern amenities like landscaped garden, indoor games, CCTV camera, gymnasium, basketball court, skating rink, lift, clubhouse, 24 hours water supply and much more.

  •  Project Name: Tata New Heaven
  • Developer: TATA Housing Development Co Ltd
  • Location: Tumkur
  • Unit Configuration: 1.5, 2, & 3 BHK Apartment
  • Rate: 5200/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/309/PR/170916/000146
  • Price Range: Rs 36.81 L to Rs 66.87 L
  • No of Units: 1613
  • Possession Date: 30-Sep-19

  1. Concorde Epitome

Concorde Epitome by Concorde Group is an unmatched Residential property located in Electronic City Phase II, Bangalore. The project offers 2 and 3 BHK residential units ranging from 1217 – 1534 sq. ft. with plenty of benefits that include prime location, comfortable and lavish lifestyle, great amenities, healthy surroundings, and high return. Some of the modern amenities are a gymnasium, billiards room, table tennis, party hall, children’s play area, swimming pool, a landscaped garden among others.

  •  Project Name: Concorde Epitome
  • Developer: Concorde Group
  • Location: Electronic City Phase II
  • Unit Configuration: 1217 – 1534 Sq.ft.
  • Rate: 4200/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/308/PR/171015/000698
  • Price Range: 51.11 lakh – 60.42 lakh
  • No of Units:180
  • Possession Date: 31-Dec-19

  1. Concorde Spring Meadows

Concorde Spring Meadows by Concorde Group, located off Tumkur Road on Hesaraghatta Main Road. This project is offering 1,2,3 BHK residential apartments. It is the ideal destination for a well-balanced life with best in class infrastructure and facilities all in the vicinity. Concorde Spring Meadows comprises of a wide array of amenities that include Landscaped Garden, Swimming Pool, Gymnasium, Play Area, Jogging Track, 24Hr Backup Electricity, Table Tennis, Party Area, Senior Citizen Park, Multi-purpose Hall, provision for Laundry, Skating Rink, Cricket Practice Net, and Multipurpose Games Court.

  •  Project Name: Spring Meadows
  • Developer: Concorde Group
  • Location: Tumkur Road
  • Unit Configuration: 596 sq.ft – 1456 sq.ft
  • Rate: 8023/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/309/PR/180227/002657
  • Price Range: 47.81 lakh – 64.70 lakh
  • No of Units: 356
  • Possession Date: 30-Jun-21

  1. LGCL Happy Days

LGCL Happy Days by LGCL is an ultimate reflection of the urban chic lifestyle located in Off Hennur Road, Bangalore. It comprises of 2 BHK Apartments that are finely crafted and committed to providing houses with unmatched quality. The Apartments are spacious, well ventilated and Vastu compliant. This project has close proximity to many famous schools, hospitals, shopping destinations, tech parks and every civic amenity required so that you spend less time on the road and more at home.

  •  Project Name: LGCL Happy Days
  • Developer: LGCL
  • Location: Off Hennur Road
  • Unit Configuration: 900 sq.ft.
  • Rate: 6556/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/309/PR/180313/002625
  • Price Range: 59 lakh
  • No of Units: 237
  • Possession Date: 31-Dec-21

  1. Pride Palatia Phase I

Pride Palatia Phase I by Pride Group situated in Hennur Road, Bangalore offers 2 and 3 BHK apartments. Located at Chikkagubbi, the project lies right off Hennur Main Road and is well linked to places like Jalahalli, Chikballapur, Brookefield, Frazer Town, Bommasandra, JP Nagar Phase 7, Vasanth Nagar, Begur and Jakkur among others. The project comes with several amenities for residents including a well-equipped gymnasium, clubhouse, 24-hour security services, playing zone for kids, landscaped gardens, swimming pool, CCTV surveillance, indoor game facilities, video door phone facilities, and television network.

  •  Project Name: Pride Palatia Phase I
  • Developer: Pride Group
  • Location: Hennur Road
  • Unit Configuration: 877 sq.ft. – 1354 sq.ft.
  • Rate: 6100/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/446/PR/171013/000463
  • Price Range: 53.49 lakh – 82.59 lakh
  • No of Units: 207
  • Possession Date: 1-Dec-19

  1. Goyal Orchid Greens

Goyal Orchid Greens by Goyal & Co. is located in Kannur, near Chikkagubbi locality on Hennur Main Road of Bangalore. It is an under-construction project that offers 2 and 3 BHK apartments span across 2.27 acres of land parcel and known for specifications such as Vitrified Tiles flooring in kitchen, living room and other parts of the apartment. The key amenities offered by Orchid Greens include a gymnasium, swimming pool, children’s play area, clubhouse, jogging track, power backup provision, and indoor games facility.

  •  Project Name: Goyal Orchid Greens
  • Developer: Goyal & Co.
  • Location: Kannur
  • Unit Configuration: 1180 sq.ft. – 1561 sq.ft.
  • Rate: 4068/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/446/PR/171014/000328
  • Price Range: 48 lakh – 63.50 lakh
  • No of Units: 240
  • Possession Date: Sep-19

  1. Artha Emprasa Startup City

Artha Property has launched its premium housing project, Emprasa Startup City strategically situated in Hoskote, Bangalore. The project offers 1, 2 BHK residential apartment from 692 sqft to 741 sqft in Bangalore East. This project is span across 8.18 acres of vast land parcels consists of 900 units. Among the many luxurious amenities that the project hosts are Swimming Pool, Multiplex And Theatre, Smart Transport, Training Center, Cricket And Soccer Field, etc.

  •  Project Name: Artha Emprasa Startup City
  • Developer: Artha Property
  • Location: Hoskote
  • Unit Configuration: 692 sq.ft. – 741 sq.ft.
  • Rate: 3950/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1250/304/PR/171031/001084
  • Price Range: 27.33 lakh – 29.26 lakh
  • No of Units: 900
  • Possession Date: 31-Dec-19

  1. Avanti by Shriline

Avanti by Shriline is a luxurious residential development by Shriline Properties Pvt. Ltd. It is built on an area spreading across 2 acres, consists of a total of 236 aesthetically designed 1 and 2 BHK units in a stilt +4 floors spread over 6 Wings. Being situated along Attibele-Anekal Road, close to proposed STRR (Satellite Town Ring Road), the project lies in close proximity to Electronic City – Bengaluru’s latest IT hub and among favorite residential areas in Bangalore South. All the necessary amenities & open green spaces together give you a great nature to live.

  •  Project Name: Avanti by Shriline
  • Developer: Shriline Properties Private Limited
  • Location: Attibele – Anekal Road
  • Unit Configuration: 530 sq.ft. – 961 sq.ft.
  • Rate: 3583/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/308/PR/171031/001664
  • Price Range: 18.98 lakh – 30.33 lakh
  • No of Units: 236
  • Possession Date: 31-Dec-20

  1. Brigade Bricklane

Packed with thoughtful conveniences and modern amenities, Brigade Bricklane by Brigade Group is an under-construction residential project, strategically located at Jakkur, Bangalore. It is offering 1 and 2 bedroom apartments span across 8 acres of land parcel consists of 749 units. It includes amenities such as a Children’s Play Area, Basketball Court, Amphitheatre, Cycling & Jogging Track, Gymnasium, ATMs, medical facilities, education institutions, and parks are within easy reach.

  •  Project Name: Brigade Bricklane
  • Developer: Brigade Group
  • Location: Jakkur
  • Unit Configuration: 663 sq.ft – 1022 sq.ft
  • Rate: 5040/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/309/PR/180808/001981
  • Price Range: 33.41 lakh – 50.99 lakh
  • No of Units: 749
  • Possession Date: 1-Dec-21

  1. TooGoodHomes by Provident

TooGoodHomes by Provident Housing Limited situated in Thanisandra Main Road near Manyata Tech Park, Bangalore. It offers 249 units of  2 BHK apartments in 2.03 acres of the land parcel, ranging between 888 sq. ft. to 944 sq. ft. Some of the key amenities include a swimming pool, gymnasium, clubhouse, children’s play area, senior citizen sit-out, terrace garden, jogging track, 24-hours power back-up among others. Tech parks, shopping malls, best of educational institutes, world-class hospitals and the Kempegowda International Airport are all in close proximity, making this a perfect investment.

  •  Project Name: TooGoodHomes by Provident
  • Developer: Provident Housing Limited
  • Location: Thanisandra Main Road, Near Manyata Tech Park
  • Unit Configuration: 888 sq.ft. – 944 sq.ft
  • Rate:  5686/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/472/PR/180808/001982
  • Price Range: 50.49 lakh – 52.59 lakh
  • No of Units: 249
  • Possession Date: 31-Dec-21

  1. Pride Sunrise

Pride Sunrise is a residential project by Pride Group situated at Bannerghatta Jigani Road, Bangalore. Homes at Pride Sunrise have been smartly designed in compact configurations which allow for maximum space optimization, designed by leading architects. It offers 128 units 1 and 2 BHK residential apartments spread across 1.35 acres of land. The project has very close proximity to Electronic City as well as Jigani Industrial Area which is home to the best international workspaces and entertainment hubs. The locality of this project has a high appreciation potential due to its location in South Bengaluru’s fastest growth corridor with excellent infrastructure and Metro connectivity.

  •  Project Name: Pride Sunrise
  • Developer: Pride Group
  • Location: Bannerghatta Jigani Road
  • Unit Configuration: 570 sq.ft. – 797 sq.ft.
  • Rate: 4912/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/308/PR/181103/002126
  • Price Range: 19.94 lakh – 28 lakh
  • No of Units: 128
  • Possession Date:31-Dec-20

  1. Brigade Parkside East

Parkside East by Brigade Group is a unique gated community project located strategically on Sarjapur Road in East Bangalore and is blessed with ready social infrastructure. It offers thoughtfully designed 1 and 2 BHK apartments keeping in mind the specific needs of varying age groups. This community has one set of blocks named CLASSIC, dedicated solely for the seniors, with a range of special services and features. While the other set of blocks named PRIME caters to the lifestyle choices of today’s cosmopolitan families. Wading Pool, Swimming Pool, Mini Golf, Jogging Track/Brisk Walk, Outdoor Gym, Senior Friendly Indoor Gym are some of the key amenities provided by the builder.

  •  Project Name: Brigade Parkside East
  • Developer: Brigade Group
  • Location: Sarjapur Road
  • Unit Configuration: 704 sq.ft to 1252 sq.ft
  • Rate: 5690/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/446/PR/180621/001910
  • Price Range: 40.05 lakh – 68.73 lakh
  • No of Units: 282
  • Possession Date: 31-Dec-20

  1. Brigade Parkside West

Parkside East by Brigade Group is a unique gated community project located strategically on Mysore Road, Bangalore and is blessed with ready social infrastructure. It offers thoughtfully designed 282 units of 1 and 2 BHK apartments span across 5 acres of land parcel keeping in mind the specific needs of varying age groups. This community has one set of blocks named CLASSIC, dedicated solely for the seniors, with a range of special services and features. While the other set of blocks named PRIME caters to the lifestyle choices of today’s cosmopolitan families. Wading Pool, Swimming Pool, Mini Golf, Jogging Track/Brisk Walk, Outdoor Gym, Senior Friendly Indoor Gym are some of the key amenities provided by the builder.

  •  Project Name: Brigade Parkside West
  • Developer: Brigade Group
  • Location: Mysore Road
  • Unit Configuration: 711 sq.ft. to 1266 sq.ft
  • Rate: 5690/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/310/PR/180611/001894
  • Price Range: 40.45 lakh – 69.50 lakh
  • No of Units: 292
  • Possession Date: 31-Dec-20

  1. Iconest 3

Icon Homz bringing up a new housing complex named Iconest 3 in Bommasandra, Bangalore. The property is located just beside the national highway 44, which connects the city to the neighboring city of Hosur to Attibele. It offers 224 units of 1,2, and 3 BHK apartments that are finely crafted and committed to providing houses with unmatched quality. The project is spread across 2 acres of land. Some of the unmatched amenities include a children’s play area, badminton court, landscaped garden, library, jogging track, gymnasium, 24-hours power back-up among others.

  •  Project Name: Iconest 3
  • Developer: Icon Homz
  • Location: Bommasandra
  • Unit Configuration: 475 sq.ft. to 841 sq.ft.
  • Rate: 4737/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/308/PR/181122/002157
  • Price Range: 22.49 lakh – 32.77 lakh
  • No of Units: 224
  • Possession Date: 1-Jun-21

  1. Provident Park Square Phase II

Provident Park Square Phase-2 by Provident Housing Limited is a newly launched residential project located in the prime area of Judicial Layout on Kanakapura Road in Bangalore. Spread across 20 acres of land area, Park Square offers 1, 2 & 3 BHK homes sized from 526 sq. ft. to 1106 sq. ft. with luxurious in-home features as well as amenities at comfortable prices. It offers some world-class amenities these include a luxury clubhouse with over 30 premium amenities and a banquet hall, Micro-mall with retail stores, cafes, ATM Dedicated meditation & yoga deck, senior-citizen court, a children’s play area, cricket pitch, and badminton court among others.

  •  Project Name: Provident Park Square Phase II
  • Developer: Provident Housing Limited
  • Location: Judicial Layout 2nd Phase
  • Unit Configuration: 526 sq.ft. to 1106 sq.ft.
  • Rate: 6538/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/310/PR/180507/001648
  • Price Range: 34.39 lakh – 64.39 lakh
  • No of Units: 208
  • Possession Date: 1-Oct-21

  1. Brigade Parkside North

Parkside North by Brigade Group is a unique gated community project located strategically on Jalahalli in North Bangalore and is blessed with ready social infrastructure. It offers thoughtfully designed 1 and 2 BHK apartments span across 5.32 acres of land, keeping in mind the specific needs of varying age groups. This community has one set of blocks named CLASSIC, dedicated solely for the seniors, with a range of special services and features. While the other set of blocks named PRIME caters to the lifestyle choices of today’s cosmopolitan families. Wading Pool, Swimming Pool, Mini Golf, Jogging Track/Brisk Walk, Outdoor Gym, Senior Friendly Indoor Gym are some of the key amenities provided by the builder.

  •  Project Name: Brigade Parkside North
  • Developer: Brigade Group
  • Location: Jalahalli
  • Unit Configuration: 711 sq.ft. to 1207 sq.ft
  • Rate: 5390/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/309/PR/181122/002152
  • Price Range: 38.32 lakh – 62.64 lakh
  • No of Units: 434
  • Possession Date: 31-Mar-21

  1. Gallium at Brigade El Dorado

Brigade Gallium At Brigade El Dorado an affordable apartment complex situated at Bagaluru Near Yelahanka in Bangalore. It offers 463 units of 2 and 3 BHK apartments, and a total of 12 blocks configured to have 1 basement + ground +21 floor elevations will be offered, upon completion, with excellent structural formulations in accordance to the principles of Vastu. This project has a total area size of 4.2 acres which include key amenities like 10-acre Central Park, Swimming Pools, Two Clubhouses, Kids’ Play Area, Open-air Amphitheatre, Football Field, Community Gardening, Multipurpose Hall, Creche, Cricket Ground, Convenience Store, Gym among others.

  •  Project Name: Gallium at Brigade El Dorado
  • Developer: Brigade Group
  • Location: Bagaluru
  • Unit Configuration: 795 sq.ft to 1068 sq.ft.
  • Rate: 4415/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/472/PR/190427/002540
  • Price Range: 35.10 lakh – 44.60 lakh
  • No of Units: 463
  • Possession Date: 31-Dec-23

  1. Confident Oxygen

Confident Sarjapur Oxygen by Confident Group situated in Sarjapur Road is offering 2 and 3 BHK luxury apartments in 40 acres of vast land with varied amenities like tennis court, basketball court, kids play area, swimming pool, clubhouse and more. These residential apartments in Sarjapur Road are centrally situated and are surrounded by world-class infrastructure and facilities. This project is very close to many international schools and hospitals. It has also close proximity to the new Wipro office and RGA Tech Park.

  •  Project Name: Confident Oxygen
  • Developer: Confident Group
  • Location: Sarjapur Road
  • Unit Configuration: 927 sq.ft to 1114 sq.ft
  • Rate: 5228/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/308/PR/190531/002591
  • Price Range: 48.46 lakh – 57.29 lakh
  • No of Units: 250
  • Possession Date: 30-Jun-22

  1. Provident Equinox

Provident Equinox is a luxury residential apartment project by Provident Housing Limited in the rapidly expanding neighborhood right off NICE Junction, Mysore Road, Bangalore. The project offers 672 units of 2 and 3 BHK spacious apartments with luxurious features in 2.08 acres of land parcel. Amenities at Provident Equinox include a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pools, recreation rooms, outdoor sports courts, a children’s play area, party hall, and 24/7 security to its residents.

  •  Project Name: Provident Equinox
  • Developer: Provident Housing Limited
  • Location: Kambipura
  • Unit Configuration: 883 sq.ft to 1082 sq.ft
  • Rate: 4519/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1251/310/PR/190525/002576
  • Price Range: 39.90 lakh – 49.90 lakh
  • No of Units: 672
  • Possession Date: 31-Mar-22

  1. Provident Capella

Provident Capella is a residential community situated in Whitefield near Hope Farm Junction, Bangalore. This project features 1, 2 and 3 BHK well-built luxury apartments in 6 acres of land. The master plan reveals the presence of 7 towers with Basement + 2 Parking + 11 floors arrangement. 780 units are offered in phase 1 with a size range of 420 sq.ft. to 1100 sq.ft. It is a unique project themed with the concept of a child-friendly environment that helps the kids to engage in several activities. Some of the unmatched amenities include Swimming pool, multi-purpose court, culture club, meditation room, yoga lawn, party lawn, open-air theatre & stage, Kabaddi Court, Outdoor gym, Jogging track, children’s play area, cricket pitch, Skating bowl, Retail, Shopping, and Cafe among others.

  •  Project Name: Provident Capella
  • Developer: Provident Housing Limited
  • Location: Whitefield
  • Unit Configuration: 430 sq.ft. to 1100 sq.ft
  • Rate: 6044/sq.ft.
  • RERA Registration No: PRM/KA/RERA/1250/304/PR/190606/002596
  • Price Range: 25.99 lakh – 56.99 lakh
  • No of Units: 780
  • Possession Date: 14-Dec-23

 

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