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Top 5 Real Estate Developers in Bengaluru

Top 5 Real Estate Developers in Bengaluru

The real estate market of Bengaluru is driven by the establishment of several IT companies, advent of new metro and smooth infrastructure in the city.

Bengaluru real estate market has good supply of residential as well as commercial property which gains high prominence among the new home buyers and investors across the country. Major top and reputed realty developers and builders of India have a presence in the city. The end users and real estate investors have high expectations from this market. Realty experts say that the housing prices will appreciate significantly in near future because it is a fast developing city. There are many Special Economy Zone (SEZs) in the suburb like Varthur Hobli, Kundalahalli Village, Begur Hobli and Anekal Taluk that contributing in the vibrant market of the city. Six out of nine Namma metro lines have become functional this year. These are the main reasons why property prices have been increasing in Bengaluru. Presence of good educational institutions in the city attracts large number of students from other parts of the country every year. This has led to the greater demand of rental accommodation, hostel and paying guest apartments. To cater this rising demand, developers have been constructing new residential projects in the city.

happykyes lists the top 5 real estate developers in Bengaluru. These realty players have ranked top on the basis of number of new launches, units sold and project delivered.

Top 5 Real Estate Developers in Bengaluru

Prestige Group

(30 years of experience, Total projects – 124, ongoing projects – 57)

Prestige Group is one of the major realty player of the Bengaluru city. The venture came into existence in the year of 1986. The group is owned by Mr. Razack Sattar. The company has been honored with FIABCI award for excellence in providing top residential facilities and developing technology enabled projects. The realty firm also rank top in the list with highest number of units sold from January 2016 to June 2016. The builder has completed 184 projects and in addition to this, they have another 57 ongoing projects in the city. Residential projects lined up in the city include Prestige Song of the South, North Point Kalyan Nagar, and Déjà vu in Frazer Town etc.

Brigade Group

(30 years of experience, Total Projects – 76, ongoing projects – 37)

Brigade Group has been in the real estate development for the past three decades established in the year of 1986. The builder headquartered in Bengaluru is one of the South India leading construction company. The group is owned by Mr. P.V. Maiya. The company is operational in several cities in South India.

Top residential projects delivered by company till date include Brigade Cosmopolis in Whitefield, Bangalore comprising of 12 blocks of 2 and 4 BHK apartments with sizes ranging from 1,250 sq. ft. to 3,720 sq. ft., Brigade Wisteria in Kanakapura Road, Bangalore comprising of 2 and 3 BHK apartments with sizes ranging from 1,010 sq. ft. to 1,430 sq. ft., Brigade Omega in Subramanyapura, Bangalore comprising of 2, 3 and 4 BHK apartments with sizes ranging from 1,320 sq. ft. to 2,990 sq. ft.

Godrej Properties Limited

(26 years of experience, Total projects – 51, ongoing projects – 49)

Godrej Properties limited is a leading realty developer which is a part of the distinguished Group. Established in the year 1990, Godrej properties have gained expertise in constructing residential and commercial infrastructure. It is a first real estate company to have ISO certification in building construction. The company is owned by Mr. Adi Godrej, Chairman of the Godrej Group.

Top residential projects delivered by company till date include Godrej E-City in Electronic City Phase 1, Bangalore offering 1, 2 and 3 BHK apartments, Godrej Gold County Near Peenya Industrial Area,Bangalore comprising of 4 and 5 BHK apartments, Godrej United in Mahadevapura, Bangalore offering 1 -4 BHK apartments with sizes ranging from 613 – 2956 sqft. etc.

Puravankara Projects Ltd.

(41 years of Experience, Total Project – 51, ongoing projects- 24)

Established in the year of 1975, Puravankara Projects Ltd. is a reputed construction company in country involved in the development of both residential and commercial properties. The company is owned by Jackbastian K. Nazareth. Provident housing Limited, which is a wholly owned subsidiary of Puravankara that offers affordable housing solutions to buyers.

Top residential projects delivered by company till date include Purva Scarlet Terraces in Kanakapura Road, Bangalore comprising of 2 and 3 BHK apartments with sizes ranging from 1,339 sq. ft. to 1,841 sq. ft., Purva Whitehall in Sarjapur Road, Bangalore comprising 3 and 4 BHK apartments with sizes ranging from 1,867 sq. ft. to 2,445 sq. ft., Rising City in Electronic City, Bangalore comprising of 2 and 3 BHK apartments with sizes ranging from 650 sq. ft. to 1,250 sq. ft.

Sobha Limited

(21 years of Experience, Total Projects – 117, ongoing projects 47)

Established in the year of 1995, Sobha Limited is among the giant construction company in India. The company headquartered in Bangalore, having residential as well as commercial projects spread over 13 states and 24 cities. The company mainly focuses on construction of residential projects includes luxury and super luxury apartments, villas, row houses and plotted development.

Top residential projects delivered by company till date include Sobha Dream Acres in Balagere, Bangalore comprising of 1 and 2 BHK apartments with sizes ranging from 645 sq. ft. 1,205 sq. ft., Silicon Oasis in Electronic City, Bangalore comprising of 2 and 3 BHK apartments with sizes ranging from 1,365 sq. ft. 1,537 sq. ft.

Golf Course Extn Road

Golf Course Extn Road : Gurugram’s upcoming residential address

Development of finest civic infrastructure, smooth connectivity good supply of office spaces and slew of new residential projects is drawing end- users and investors. Happykeys examines the locality prospects.

According to Residential Investment Advisory Report 2016 released by real estate consultancy Knight Frank, Golf Course Extension Road is an emerging real estate hub that has the potential to offer the highest price appreciation in the NCR region in next five years.

Golf Course Extension Road is encircled by many well established sectors of Gurugram. Prominent areas such as Phase I, Phase IV and Phase V make this locality popular choice for residential and commercial property.  If you observe the property price trends of this area for last five years, it has risen by 49.23 per cent (Rs 6,500 per sq ft in 2011 to Rs 9,700 per sq ft.in July 2016). This has increased the demand for open plots in the Golf Course Extension Road.

Good connectivity

In terms of connectivity, the Golf Course Extension Road is six-lane that connects to Gurugram via Golf Course Road and Sohna Road. The same road also offers connectivity to the Indira Gandhi International Road. The new railway station is located at a distance of 37 km only. The Rapid Metro Rail Ltd. will be stretched from Sikandarpur to sector 55 and sector 56 along the Golf Course Extension Road. Excellent connectivity and convenience is attracting new home buyers and investors, and this has led to launch of new residential and commercial projects in the area.

High potential for price appreciation

Golf Course Extension Road’s strategic and prominent location makes it a great investment destination for investors.  The price of apartments on Golf Course Extension Road ranges from Rs 6,800 – Rs 9,700 per sq ft. The average price here is Rs 8,200 per sq ft.

Experts say residential projects here is ideal for investment. Apart from offering enormous social infrastructure, the locality has many for end users. The Delhi Metro Rail Corporation is also stretching its yellow line which currently from Jahangir Puri till Huda City Centre and Manesar. The proposed extension will bring this area in direct touch with large part of NCR. The area along the metro corridor is likely to see high-level price appreciation in near future.

Property experts avers that the growing commercial hub in the vicinity will have cascading impact on residential demand in the area and this would be big boon for developers.

 Residential projects to invest

Golf Course Extension Road houses many residential apartments which are in their different phase of construction. Many renowned real estate developers are constructing projects in this locality. DLF has many ongoing projects in this locality such as Pinnacle, Magnolias, Aralias, the Icon and the Belaire.

 

knowledge-park-5

Knowledge Park V: A realty hotspot in Gr Noida

Knowledge Park is a stupendous township in Greater Noida that has amassed great attention from new home buyers as well as investors.

When it comes to educational hubs in the NCR,  Greater Noida’s Knowledge Park proves to be an excellent spot. The locality is well known for housing some of the premier engineering, management and medical institutes.

Paving the way for new education center in National Capital Region, the locality is known for ideal mixed-use property destination and offers best residential cum commercial investment options too. Freeways such as Yamuna Expressway, Noida-Greater Noida Expressway provides the better connectivity to Noida and its adjoining areas. The satellite town further segregates into sub-areas namely knowledge Park II, Knowledge Park III, Knowledge Park IV and Knowledge V.

Happykeys looks into the factors that really make Knowledge Park a realty segment

Well- planned sub-city

Greater Noida itself is one of the best organised residential regions of NCR, planned according to latest layout of Urban Master Plan. The Knowledge Park V, being the prominent part of this massive township, has well-developed social infrastructure which includes an excellent network of road, water supply, sewerage, drainage and many infra developments. The GNIDA – an autonomous authority has developed the almost all key infrastructure before handing over the land to private builder for residential or commercial development.

Excellent connectivity

The locality avails finest road connectivity that connects major parts of Delhi, Noida, Ghaziabad and Faridabad. Delhi is easily accessible from Knowledge Park V via main road and direct flyway.

Presently, Botanical Garden Metro station is the nearest metro link to Knowledge Park. The proposed 30 km metro rail extension from Noida to Greater Noida is underway. According to Pranav Sharma, MD, IBL Consultant, “The NMRC (Noida metro rail corporation) has proposed 20 metro stations on the route that include Sector 50, 51, 78,  81, 83, 101, 137, 143, 147, 144, 153 and 149 in Noida and Knowledge Park II, Pari Chowk, Alpha 1, Alpha 2, Delta, Knowledge Park IV and Bodaki in Greater Noida. This project is expected to complete by 2017”.

Such developments boost the potential to offer high returns on investment”, adds Sharma.

Educational hubs

The presence of good educational institutions is yet another growth driver behind the development of Knowledge park V. Gautam Buddha University, Noida International University, IEC college of Engineering, GNIT college of Management, Galgotias and Sharda University are some of the institutions of the good repute.

Still an affordable market in the NCR

While the property prices have increased significantly in the adjacent areas like Delhi, Gurgaon and Noida; still the residential markets of Greater Noida and Noida Extension regions remain affordable locations. Here, residential units priced at Rs. 3,500 – 5,500 per sqft approximately.

Situated amidst commercial and industrial hub

Knowledge Park V is located amidst the hottest business spot of the NCR region. Some of the noted companies such as Moser Baer India Ltd, Habitech Cyber Studios, ST Microelectronics are located in the vicinity.

bridges between Noida and Faridabad

Two proposed bridges between Noida and Faridabad to take off by mid-2017

Works on a proposed 600-metre bridge, which will boost connectivity between Noida and Faridabad, are likely to begin by mid-2017.

A 600 meter proposed bridge, which will boost connectivity between mega townships of Noida and Faridabad, is likely to take off on the ground by mid-2017. The proposed project has been stuck between the two governments of Uttar Pradesh and Haryana for more than a year. Speaking to TOI, P.K. Agarwal, Chief Executive Officer (CEO) Noida Authority said that they have met Secretary, Ministry of Urban Development (MoUD), Government of India on Monday in an attempt to remove the road block.

According to Noida Authority officials, another bridge, proposed to connect Faridabad-Noida-Ghaziabad (FNG) expressway from Noida’s Sector 168 with Khedi village in Haryana, is also stuck in red tape. “On Monday, after talking to officials of the Haryana government and the MoUD, it has been decided that the 600-metre bridge, which is proposed to link Noida’s Sector 150 with Faridabad’s Tilori village, will be completely funded by the Noida Authority,” Agarwal said.

Check Out :  What makes Noida Sector 150 an investment Hotspot

The second proposed bridge between the FNG expressway from Noida’s Sector 168 with Faridabad in Haryana will be constructed by the NHAI as it has taken over the FNG project,” he said.

Officials said that earlier the Haryana government had agreed to share 50% of the cost of the bridge between Noida’s Sector 150 and Tilori village. “However, they have now declined to share the cost, on the pretext that the bridge is not needed as Haryana is already buildng another bridge along the same alignment downstream,R.S Raghav, Noida’s project engineer, said.

Haryana has now agreed to construct two approach roads measuring about 5-6km for the bridge on their side,” Raghav added.

Having removed the roadblock, Noida Authority officials are optimistic about starting the ground work on the project in mid-2017. “We have already done the homework on the project including soil testing, hydraulic model study and preparing the detailed project report,” Raghav said.

Currently, we have estimated the cost of the bridge at Rs 263 crore, but now we have to prepare a detailed estimate of the project according to the new plan. This will take us about 4-5 months, after which we will initiate the tenders for the project,” he said. “Once construction starts, the bridge is likely to be ready within two years,” he said.

Check Out :   Noida-Gr Noida Expressway: The new residential locality

The two bridges have already received a nod from NCR Planning Board. The locations of these two projects are proposed on the 75-meter wide FNG road passing between sectors 168 and 187A, while the second bridge will be located on a 75-meter wide road passing between sectors 149A and 150. Since construction of the FNG e-way has been taken over by the NHAI, one bridge will be constructed by the NHAI, while the other by Noida. “Secretary MoUD has also asked the NHAI to expedite the bridge along the FNG e-way,” Agarwal said.

Once in place, the bridges will provide a major relief to thousands of commuters who will be able to reach Haryana from Noida, Greater Noida and Ghaziabad without crossing Delhi and without getting stuck in gridlocks along the two routes. Currently, commuters coming from Ghaziabad, Hapur, Noida and Greater Noida have to cross Delhi to reach Faridabad. The two bridges would benefit about two lakh commuters in the time to come, which would not only save precious time but also fuel costs would be cut down, officials said.

Decorating Ideas

New Decorating Ideas for the family lounge

Interior designer Pooja Bhatia says uniqueness of each element in the lounge creates the perfect backdrop for fun and quality time for family members

The family lounge is a section of the house where family spends their substantial entertainment time of the day and should reflect the taste of the people residing in the house.

Pooja Bhatia, a senior interior designer at Design In Vogue, lists the points that need to be kept in mind while planning the lounge’s interiors.

The Basics

  • There should be warm and comfortable couch or seating arrangements since one spends long hours in the lounge. The seating could be a combination of L-shaped sofa with recliners or single seater with foot stools. The colour-scheme should be mainly neutral with highlights of bright cushions.
  • Ensuring lighting to be a combination of indirect coves and general ambient lighting is an intelligent move as it gives a good ambience as well as adding the necessary brightness to a space.
  • Keep a gadget zone which has the necessary wiring for a full-equipped sound system to enhance the regular sound quality. The TV cabinet should be placed in such a manner that it provides maximum direct viewing and makes regular TV experience comfortable. The TV unit should be designed in such a manner that adequate space is allocated for storage of CDs, DVDs, books and a sleek display for artifacts.

Check Out: 5 Home Decor Ideas for an opulent haven

The Accessories

  • Elements of interest in the living area can be family photo wall where a combination of different sizes of photo frames is arranged in an aesthetic manner, with a neutral background such that the pictures catch the attention.
  • Accessories form an important aspect of the family lounge. In an existing family lounge, a lamp, bright coloured rug and some bright cushions can add the necessary statement to otherwise plain and simple room. Carpets can demarcate the play area for the children. A large cushion/bean bag with a small mat can be reading area for adults. Demarcating activity zones is a smart and easy way to arrange and decorate the living area.
bangalore-property-prices

4 budget friendly residential localities in south Bengaluru

A recent industry report suggests that  south Bengaluru has the maximum number of affordable and mid-segment projects. Happykeys takes a cursory glance at the list of localities where one can find properties within a budget of Rs 50 lakh.

Bengaluru is a heaven for IT professionals with many flocking to the city for employment and gradually settling here for good. Over the years, the southern part of the city has emerged as a prime residential destination and has a good supply of housing units ranging from high-end property to affordable apartments.

The IT driven localities such as Electronic City, Hosur Road and Sarjapur Road are linked via metro rail along with the excellent civic infrastructures make them prime locations of the city. While Wilson Garden, Koramangala, Jayanagar, Banashankari have been the most favored residential for working professionals and localities such as Attibele, Anekal, Kammanahalli, Jigani are fast emerging as new affordable residential hubs offering properties within budget segment.

Look at the areas and their major growth drivers:

Sarjapur –Attibele Road (Average price Rs/sq ft 3,271):

Sarjapur is one of the well-known prominent locality in south Bangaluru. It offers property options ranging from high end luxury homes to budget apartments.  Its residential market is mainly dominated by end users, due to high supply of flats and apartments. In terms of connectivity, it is well connected via Outer Ring Road (ORR) to major IT hub areas like Electronic City, Whitefield Koramangala and Marathahalli. Further, the giant IT firm Infosys has acquired 202 acres of land in Sarjapur with a motto to set up an IT Special Economic Zone (SEZ). The Azim Premji Foundation has announced acquisition of 50 acres of land where world-class university will be established.

Hosur Road – (Average price Rs/sq ft 3,919)

Hosur Road is the affluent suburb located at south-east in Bengaluru. This locality is extremely in demand among people looking to be settled close to Whitefield and Sarjapur. These two areas have a number of commercial companies at its borders. In terms of connectivity Hosur is well connected by road and rail transport. The NH 207 originates from Hosur and stretches up to Dobbasapete in Karnataka. The two airports, Hal Bengaluru International Airport and Kempegowda International Airport are located at a distance of 41.4 kilometres and 75.3 kilometres from the region, respectively.

Electronic City – (Average price Rs/sq ft 3,955)

Electronic City is one of the fastest growing real estate locations in the city and has emerged as a favourite residential destination for all income groups. Besides good social infrastructure, smooth connectivity, the city has high potential for realty growth. The area has emerges as a largest industrial technology cluster in the country. In terms of connectivity, the 10-km long elevated highway that connects the location to central Bangalore. The famous silk board junction in Madiwala is located only 9 km away. Neeladri Road provides connectivity to another popular IT hub Bannerghatta while NICE road connects Electronic City to various parts of the city. The upcoming metro rail will also boost the transportation network in the city.

JP Nagar – (Average price Rs/ sq ft 5,314)

Jayaprakash Narayan Nagar, popularly known as J P Nagar, is an established residential area of the south Bangalore. The JP Nagar colony layout is promoted by Development Authority. The available property options here is further catogerised as small scale apartments, independent dwelling units and high street retail developments. In terms of connectivity, JP Nagar is well connected by road to many adjoining residential colonies such as BTM Layout, Jayanagar, Bannerghatta Road and Banashankari. Metropolitan Transport Corporation (BMTC) bus routes connect JP Nagar with all significant landmarks of Bengaluru.

Noida realty bets big on booming infrastructure

Noida realty bets big on booming infrastructure

The advent of new metro routes and good civic infrastructure has made Noida a favorable property destination for new home buyers. Real estate development is happening at fast pace in National Capital Region (NCR)’s most popular town, Noida. With excellent roads and highways, quality infrastructure, glitzy recreational options and smooth connectivity via new metro routes, Noida proves to be an ideal realty destination.

Happykeys explains, how Noida became one of the most prominent cities in India after forty years of its inception. In these years Noida’s real estate segment saw an unprecedented growth and had extended up to Greater Noida West and Yamuna Expressway regions. And now the city infrastructure development is rampant, bringing more developers, projects and home seekers.

Here is list of recent developments taking shape in the city that will further give boost to Noida property market and make it most happening real estate destination in NCR region.

Multiple sports Infrastructure in offering 

Presently, Noida has cricket stadium in Sector 21A also called as the Noida stadium with a seating capacity of 30,000 people. The stadium is capable of hosting international cricket matches. Madan Lal, former Indian cricketer and coach says “Noida has the best schools, best colleges, best hospitals and one of the best cricket stadiums. The sports infrastructure is great here, which matters to a sportsman like me”.

Shooting range to be ready by June 2017

Another gift that Noida residents would be getting by next year is Shooting Range facility. Once this state-of-the-art range is completed shooters will not have to travel to Delhi and Haryana to practice shooting. The double-storey shooting range is being constructed in the city’s stadium in Sector 21A. It will be equipped with practice range for 10mm pistols. More than forty shooters will be able to practice at a time at the range measuring about 4800 square meters.

Kalindi-Kunj underpass

In a recent verdict by Allahabad High Court, Noida Development Authority has been directed to acquire 2,300 square metres of land required to complete a Rs 40-crore underpass near Noida’s sectors 94-95. This underpass project will make the stretch between Kalindi Kunj in Delhi and NH-24 signal-free and it will ensure one stop travel those commuting from Faridabad to Sarita Vihar via Kalindi Kunj-NH 24. It will also benefit the commuters, coming from Delhi towards sectors 125 and 94 in Noida, who currently use the Mahamaya flyover.

Faridabad-Noida-Ghaziabad (FNG) expressway to be developed as National Highway

The National highway Authority of India (NHAI) has been asked to develop the road as a national highway, connecting Ghaziabad, Faridabad with Noida and Greater Noida, so that it can help decongest existing road networks.

New Metro route between Kalindi Kunj in Delhi to the Botanic Garden in Noida (Aqua line)

The under-construction 3.9-km link between Kalindi Kunj in Delhi and Botanic Garden Metro station in Noida is likely to be to be operational in December. The track is likely to be ready for commissioning by January 2017. This new track will connect to DMRC’s magenta line. Now, commuters will no longer have to go to Rajiv Chowk Metro station to take the yellow line (Huda City Centre to Samaypur Badli) as the corridor will form a ringed route and connect Botanic Garden station with Hauz Khas station via Amity University, Kalindi Kunj and Kalkaji temple station.