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Sumadhura Group launches Sumadhura Nandanam, a super luxury property in East Bengaluru

Also plans to foray into commercial office segment with a 1 million sft grade A plus office space in Bengaluru 

IMG-20180819-WA0004Bengaluru, August 18, 2018 ––Sumadhura Group, one of South India’s leading Bengaluru based realty majors, today announced the launch of its iconic premium residential project ‘Sumadhura Nandanam’ in Hoodi Junction, Whitefield, Bengaluru. This high-rise luxury project is spread across 2.6 acres with 80% open spaces, offering 250 units with 2, 2.5 and 3 BHK configurations. This comes at the back of their recent launch of a project Sumadhura Eden Garden, spread across 14 acres in Whitefield.

This luxurious gated community in Whitefield is strategically located close to top-rated educational institutions, healthcare facilities, major retail, five-star hotels, premium restaurants and entertainment destinations, which places its residents at the very center of the action. Connectivity options from Sumadhura Nandanam are abundant, with metro station at Hoodi which will soon be functional, one can travel from Hoodi to Byappanahalli in minutes. Also, easy access to Outer Ring Road extending all the way from the Silk Board Junction to Hebbal, and linking Electronic City to Whitefield.

Speaking on this momentous occasion, Mr Madhusudhan G, Chairman and Managing Director of Sumadhura Group, said,“Living at Sumadhura Nandanam will provide its owners the unique advantage of being flanked by an already expanding IT hub which is well-connected to all the social infrastructures. The project offers spacious and contemporary living with a wide range of amenities that are crafted to perfection.”

“Our unique customer-centric business model has a proven track record of innovation and quality, and also has been instrumental in the group’s rapid growth. While we have made significant inroads across Bengaluru and Hyderabad over the last two decades having completed over 30 residential projects, we are now entering into commercial office segment with a one million sqft grade A plus office space in Whitefield, Bengaluru being planned,” he further added.

MS Dhoni, Brand Ambassador of Sumadhura Group at the launch of Sumadhura Nandanam said, “Bengaluru is one of my favorite cities and the cosmopolitan nature of the city is second to none. Having traveled across the world and have witnessed many of the world-class projects, I believe the offerings from Sumadhura Group are comparable to the best. I am a firm believer of hard work, punctuality, and integrity, along with the altruistic value of giving back to the society. Those are some of the values that strongly resonate with Sumadhura Group as well, and I am delighted to be a part of their growth journey. Also, what makes the brand truly stand out among the pack, is their history of consistently delivering on-time projects that are high on quality, with an innate ability to take calculated risks towards fuelling their growth.  I’m also happy to see the holistic approach adopted by them across their projects, where aspects such as sports and recreation are given prominence, helping foster a conducive environment for adults and children alike.”

Sumadhura Nandanam offers a clean, green, quiet environment with aesthetic structures, Vastu compliant floor plans, well-ventilated internal spaces and enduring construction quality. It houses a mega Clubhouse providing a plethora of sports activities and a state-of-the-art gymnasium. There is a premium lounge pool with vanishing edge and toddler’s pool for kids.

The Sumadhura Nandanam homes come with many global luxury brands such as Grohe, TOTO, V-Guard, Havells, Schindler, Asian Paints and LG Hausys uPVC Doors & Windows. One could take a therapeutic walk-in the beautifully-landscaped aroma gardens and soothe the senses in all-encompassing greenery throughout the project. This premium project also features a festival plaza, a mini football court, open lawn, elders’ court, a dedicated jogging path, water feature with sculptures, children’s play area, cricket practice nets, yoga/aerobics room along with multi-purpose court. Inhabitants could also spend leisure hours playing table tennis, chess, carrom, air hockey, foosball.

About Sumadhura Group

Sumadhura Group is the fastest growing real estate developer in South India. Their in-house capabilities and infrastructure give them the confidence to deliver projects on time with unbeatable quality. It has also been recognized as an iconic real estate brand garnering three prestigious awards in FY2017-18 which include Promising Builder of South India in 2017 by QuikrHomes, Global Real Estate Brand Awards 2017 and Best project of the year in Affordable Segment by CNBC Awaaz 2017 for Sumadhura Madhuram. The company has also been awarded the ‘Great Places to Work’ in April 2018. In all its residential apartments, the company lays a very strong emphasis on its safety standards, environmental management, rainwater harvesting and a proper waste management system. For more Information visit: www.sumadhuragroup.com.

Sponsor : Niawigs

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Bangalore Real Estate Market – An Overview

CF article picPost the implementation of RERA, GST, the Bangalore Real Estate market has now recovered from the steadiness or Dip in the sector & is now heading strongly to cater the supply & demand effectively. The residential Real Estate market is number two after the MMR (Mumbai Metropolitan Region) with regard to absorption for Q1 2018 and overall supply.

Bangalore’s housing market has witnessed good growth arising from positive customer sentiments, heightened commercial activities and upgrades to infrastructure along with higher job opportunities. Bangalore is a market driven majorly by end-users according to experts.
There is increasing demand from the flourishing IT and ITeS sector and also via the start-up scene in the city which is thriving. Top-class healthcare and educational facilities available in the city along with continual upgrades in terms of physical infrastructure are also one of the major contributors to the raise in Bangalore real estate.

Some of the Newly Launched Projects in Bangalore are

ATZ ArevaV Venture AbodeAswani VamaniSowparnika PranathiArvind OasisPurvi KhosalaThe Infiniti

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Top Micro Markets in Bengaluru

CF article picPost the implementation of RERA, GST, the Bangalore Real Estate market has now recovered from the steadiness or Dip in the sector & is now heading strongly to cater the supply & demand effectively. The residential Real Estate market is number two after the MMR (Mumbai Metropolitan Region) with regard to absorption for Q1 2018 and overall supply. Bangalore’s housing market has witnessed good growth arising from positive customer sentiments, heightened commercial activities, and upgrades to infrastructure along with higher job opportunities. Bangalore is a market-driven majorly by end-users according to experts. There is increasing demand from the flourishing IT and ITeS sector and also via the start-up scene in the city which is thriving. Top-class healthcare and educational facilities available in the city along with continual upgrades in terms of physical infrastructure are also one of the major contributors to the rise in Bangalore real estate.

Below are the Top Micro Markets in Bangalore

5. Hebbal: Located in a strategic position and in close proximity to the Bengaluru International Airport, Hebbal forms an intersection point for all the roads that lead to the airport. The marvelous infrastructure is not all that’s in Hebbal; the beautiful Hebbal Lake preserves the locality’s nature quotient. People in and around Bengaluru frequently visit the lake, where one can go boating and rejuvenate themselves for the coming week. Several residential projects are also under development in and around the locality. IT professionals, old and young, typically book these apartments so they can move closer to the technology center.

Factors attracting property seekers & investors & making it as one of the preferred locality for investment are as follows

  • The Hebbal flyover connects the Outer Ring Road and the Bellary Road, which is a part of the national highway NH-7 leading to Hyderabad. The presence of the Outer Ring Road makes Hebbal accessible to other major localities in Bengaluru too.
  • The primary BMTC bus stand is below the Hebbal flyover. There are Volvo and regular BMTC buses carrying passengers to other localities in the city. Apart from that, people largely resort to auto-rickshaws to travel short distances. One can hire cabs too if the travel distance is large.
  • The Bengaluru International Airport is only about 30 km from Hebbal. The BIAL (Bangalore International Airport Limited) buses carry passengers from all across the city to the airport, and Hebbal is an important junction on the way.

graph

4. Electronic CityElectronic city a pioneer in Information Technology Infrastructure Development, situated in Anekal Taluk. Electronic City lies in the southernmost outskirts of Bengaluru. Phase I lies right next to the Hosur Road, sandwiched between Phase II on its east and Phase III on its west. It consists mostly of retail hubs of electronic goods and services, with large land parcels dedicated to IT-SEZs. The development has been so extensive that the IT industry in Electronic City Phase I is completely saturated. Being Country’s largest IT/Industrial Park, Electronic City is one of the most preferred Residential Markets among Home Buyers & Investors.

While the Area offers best Infrastructure set up, below USP’s are major contributors in high demand leading to a spike in Realty prices.

  • Approximately 200 IT/ITES Companies including Infosys, Wipro, TCS, HCL, Tech Mahindra, Biocon etc. located within the Locality.
  • Operational Heli Taxi Service between Kempegowda International Airport and Electronic City.
  • Planned Namma Metro Phase-2 (R V Road – Bommasandra) to be completed by 2022.
  • The four-lane mixed corridor elevated highway from Silk Board Junction to Electronic City
  • The NICE Road connects Electronic City to other key areas in the west of Bangaluru like Bannerghatta Road, Mysore Road, Kanakapura Road and Tumkur Road. This is a 63-km 6-lane access controlled tollway.

ecity

3. MarathahalliLocated in southeastern part of Bangalore, Marathahalli lies adjacent to the old airport on HAL. It has Doddenakundi to its north, Kundalahalli, and Brookefield to its east and Kadubeesanahalli on the south. From a far-off suburb in the east of Bangalore to one of the well-established Retail Zone & Realty Hub, Marathahalli has witnessed a huge change over time. As an outcome of IT Boom & proximity to Commercial Hubs such as Whitefield, Electronic City, HAL Airport, Retail Development & Affordable pricing have been the key contributors to its growth. Residential project-wise, the real estate market in Marathahalli is booming. Because of its proximity to the IT hubs like ITPL, Sarjapur-ORR, and Whitefield, many IT professionals working in these places choose the locality of Marathahalli to rent or buy apartments. Average capital prices in Marathahalli ranges between Rs. 4473 to 5129.5 per Sq ft., making it a hot option to invest for the end users & investors.

  • With its emergence as a self-sufficient township, a large number of flats and IT companies have also come up in the area.
  • Some important shopping centers are Kalmandir, Nalli, Max Fashion, Puma, The first multiplex in Bengaluru, Innovative Multiplex is located here
  • Easy accessibility to Whitefield, Silk Board, Bellandur, Electronic City & HAL.

Marathahalli

2. Hosur RoadHosur Road is a lengthy and efficacious four to eight-lane highway running through the National Highway 7. Beginning at the Vellara Junction on Richmond Road, it winds through Koramangala and Silk Board and runs all the way up to the border town of Attibele in the Krishnagiri district of Tamil Nadu. The ‘villages’ of Bommanahalli, Hebbagodi, Singasandra, Chandapura, and Attibele which once held the status of out-skirt suburbs, now fall within the developing belt of Hosur Road, bringing in growth, movement, and progress to these areas. The growth of Electronic City as a large IT hub within the city led to the development of Hosur Road as well, creating a brand new and highly equipped residential and commercial market. Although this area initially targeted professionals working in the IT/ITeS industry, its affordable property rates, continued development of infrastructure, and great connectivity has attracted hordes of people from a multitude of professions

Connectivity and Transit Points

  • Hosur Road lies close to Baiyappanahalli, the terminal point on the east-west corridor of the Namma Metro, allowing for arrival at prime destinations like Indira Nagar and M.G. Road within minutes.
  • Bangalore City Junction, the main railway station in Bangalore, lies 9 km away and is accessible via auto rickshaw or taxi services.
  • The Kempegowda International Airport is approximately 40 km away from Hosur Road (Vellara Junction), and is easily accessible via KIA buses, with the frequency of half an hour.

Hosur Road

1. Sarjapur RoadSarjapur Road is situated strategically in southeastern Bangalore and links to Madivala from Sarjapur. This locality has witnessed considerable development and has found favor with IT professionals working in major zones like Electronic City, Whitefield, and Marathahalli. The area is home to the Market Square Mall along with several hypermarkets and supermarkets like the More Supermarket, Spencer’s Hypermarket and Families Hypermarket. There are several stores here including Looking Good Furniture, MegaMart, and Adidas. Several reputed educational institutions including the Delhi Public School, Indus International School, Swiss Graduate School of Management, Bangalore Technological Institute and the ISME-International School of Management Excellence are located in Sarjapur Road Locality.

Connectivity and Transit Points

  • The Sarjapur Road offers great connectivity to places like Whitefield, Koramangala, Electronic City, Marathahalli, Outer Ring Road and Silk Board. The Hosur/Haralur/Chandapura Roads offer great connectivity to the Electronic City IT hub.
  • The Kempegowda International Airport is located 52 kilometers away and can be accessed via the Outer Ring Road and also the Hyderabad-Bangalore Highway.
  • The nearest railway station is located only a kilometer away and is the Carmelaram railway station.

sarjapur Road

*Ave. SBA Price represents Average Super Built-up Area Price i.e. Rs. Per Sq. Ft.

Some of the Newly Launched Projects in Bangalore are ATZ Areva, V Venture Abode, Aswani Vamani, Sowparnika Pranathi, Arvind Oasis, Purvi Khosala, Ambiant The Infiniti

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Most preferred Cities for NRI Investment

NRINon-Resident Indian are often in a dilemma when it comes to investing in properties. They have a budget but have little idea about the supply in various cities of India. At times property buyers’ end up buying properties that they were not searching for in the first place. Thus, it is necessary to know the demand-supply graph in the locations of your choice so you can make the right decision.

Mumbai: It is one of the real estate markets where the supply of flats is quite high. The price is on the higher side but the availability of flats is not an issue in this city. Home buyers mostly search for flats followed by houses, plots, villas, and penthouses in Mumbai.
The city has witnessed vertical growth which is the only solution for Mumbai which is not only highly populous but has seen significant demand for residential housing. Here it remains a challenge for experts to increase the supply so high-rise construction is the trend in Mumbai.

Bengaluru: Bengaluru real estate market has witnessed a growth in urban population owing to demand from the IT/ITeS sector. Flats are the most supplied property type in the city. IT professionals mainly prefer apartments in Bengaluru where rates are on the higher side and availability of land remains problematic.

Pune: In this city, under-construction properties witnessed equal preference as ready-to-move-in properties. This means that sales are not focused on only one segment.

Delhi: The demand for the housing sector in Delhi has undergone alterations over the years due to change in the availability of properties. As the property prices are a bit on the higher side, homebuyers prefer flats over independent houses.
For those who cannot afford apartment complexes or independent house can opt to purchase builder floor apartments which are available across the city.

Chennai: Investing in Chennai real estate market is considered a safe investment because of the fact that there is unending demand for homes driven by the notable industrial mix including technology, healthcare, automobile, and manufacturing sectors. Areas in the southern part of the city are touted to be fast growing.

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