Mahaveer Meridian, coming up at one of the most up market localities of Bangalore, namely JP Nagar 8th Phase, this is an address you can tell apart from a distance. Near to shopping malls, premier educational institutions & International schools. It is very well connected to the rest of the city and offers easy access to all conveniences, yet recessed from the daily bustle. Wish for Meridian.
Mahaveer Meridian – Amenities
- Senior citizens corner.
- Landscaped Garden.
- Children’s play area.
- A magnificent swimming pool.
- Indoor games room.
- A well equipped gymnasium.
- Multipurpose hall.
- Badminton court
- Table Tennis
Mahaveer Meridian – Location Map
- Rate per Sq Ft and Booking amount – Contact Us.
- BHK Options – 1 BHK, 2 BHK & 3 BHK
- Size – 451 Sq. Ft. – 1719 Sq. Ft.
- Possession : July 2018
Mahaveer Meridian – Project Area, Open Space and Key Highlights
- Project Total Area – 2 acres.
- No Of Floor – 4.
- Total Units – 255 Apartments.
- Total Open Space – Vast Open Space.
Mahaveer Meridian – Project Specification
- All internal walls smoothly plastered with wall putty.
- Vitrified tile flooring for Living, Dining, Bedrooms and Kitchen.
- Ceramic tile flooring for Utility, Toilets and Balconies.
- Marble/Granite/ Textured vitrified flooring in the lift lobby and corridor.
- Internal: Emulsion paint.
- External: Weather proof paint.
- 2’ high wall tiles above the Cooking Granite Platform and Stainless Steel Sink.
- Windows with Glass panels and Safety Grills.
- UPVC French Windows in Living/Dining Room.
- Windows are Aluminium powder Coated.
- Main Door: Teak wood Frame with shutters.
- Other Door: Sal wood Frames with Moulded/Flush Shutters and Enamel Paint.
Toilet Fittings & Accessories
- Ceramic glazed dodo 7’ high and antiskid tiles for flooring.
- Standard Fixtures & Fittings – Jaquar/equivalent
- Copper Wiring for lighting, heating, TV and telephone points.
- AC Point in Master Bedroom Only.
- 6 Passenger Automatic lift of Reputed make
- Round the clock security with intercom facility
- CCTV at the entrance
Mahaveer Meridian – Master Plan
Mahaveer Meridian – Sq.ft Size, Total Cost and Booking Amount
|Unit Type||Size (Sqft)||Price||Booking Amount|
|1 BHK||451||23.51L||Contact us|
|2 BHK||878||44.66L||Contact us|
|2 BHK||1046||52.20L||Contact us|
|3 BHK||1274||63.81L||Contact us|
|3 BHK||1719||85.32L||Contact us|
Mahaveer Meridian – Accessibility and Key Distances
- Location – JP Nagar 8th Phase, Bengaluru
- Distance from MG Road – 14 Kms
- Distance from Railway Station – 15 Kms
- Distance from Airport – 45 Kms
- Nearest Metro station – 9 Kms
- Nearest Ring Road – 9 Kms
Mahaveer Meridian – Floor Plan
Mahaveer Meridian – Neighbourhood
- Bangalore Scottish School
- Glitzy Public School
- Srinidhi Public School
- Sanmarg Central School
- Sarathy English School
- Sri Maruthi Primary And High School
- Heritage Public School
- Jnana Vikas Public School
- Capitol Educational Institutions
- Many more…
- Supra South City Hospital
- Sri Sai Ram Hospital
- Metro Hospital
- Vasan Eye Care
- Apollo Hospitals
- Ashraya Hospital
- Cloudnine Fertility
- Neighbourhood Hospital
- Many more…
Mahaveer Meridian – Surrounding Developments
Certain areas in Bangalore are synonymous with some aspects of real estate. When you hear of Bannerghatta Road, the first thing that pops to mind is the thick concentration of residential development here. Your next line of thought is the presence of several IT companies. And almost by default, you will have visions of the roads being filled choc-a-bloc with traffic.
Bannerghatta Road has a few main junctions that one can consider such as Dairy Circle and BTM Layout at Jayadeva Hospital. You also have major hotspots at Bilekahalli, Vijaya Bank Layout, Hulimavu Gate, leading all the way to Koppa Gate and the Jigani Industrial Area. With time and expansion in city limits, the road now touches the NICE peripheral ring road just beyond Gottigere. South Bangalore is clearly an attractive investment area. With many infrastructure projects and commercial establishments, this part of the city seems to have a lot going for it.
There is this huge appetite among investors for real estate and Bangalore scores high on the priority list. Asia’s fastest growing techno polis and the world’s fourth largest technology cluster, the city is home to over 650 MNCs and more than 75 Global Fortune 500 companies. Riding high on the IT boom and emerging businesses, Bangalore has developed as a prime international destination. As a result, all the major parts of the city are growing at a stupendous rate, especially south Bangalore, which is buzzing with construction activities across all residential, commercial and retail fronts.
Real estate in south Bangalore has emerged as the latest hotspot, riding high with various builders announcing projects in and around the area. It is looked upon as the newly found development hub of the city. With a new expressway from Silk Board Junction to Electronic City, the Tumkur Road, Metro to Kanakapura and the area flanked by the city’s popular Forum Mall on one side and Electronic City on the other, it is indeed turning out to be a real estate market hotspot.
Growth rate of 30 pc:
Bangalore is the most sought after real estate destination for commercial and industrial sectors. Moreover, Bangalore’s realty market is anticipated to grow at the rate of 30 per cent annually in the next ten years, adding to that, foreign investment worth $30 billion. Reason enough why a plethora of property developers are fighting for a share of this real estate market pie and are offering housing, primarily in the affordable and mid-segment market where an apartment can cost anywhere Rs 50 to 75 lakh. There are the occasional super luxury apartments and villas too with a price tag of Rs one crore and above.
Areas in south Bangalore which are witnessing the establishment of new projects are BTM Layout, JP Nagar and Bannerghatta Road, Sarjapur and Outer Ring Road and Koramangala. The Hosur-Adugodi stretch is seeing a spurt of retail outlets, which has also propelled builders to come up with more projects in south Bangalore.
Hospitals, malls drive growth:
Availability of the best hospitals and popular malls in the retail segment is a major reason for demand in this part of Bangalore. Moreover, the returns on investment of properties are better in South Bangalore as some of the locations are more sought after by the investors and end-users.
It is becoming better with further development of roads and better connectivity to North Bangalore through the Namma Metro. Demand for properties in South will continue to be robust. The city’s residential supply will be catered by well-planned residential pockets like Bannerghatta Road, Begur Main Road, Jigani and Anekal. The scope of development is huge, especially in areas like JP Nagar and Bannerghatta Road.
In the recent past it has been seen that NRI, who have made Bangalore their home, prefer to settle in south Bangalore due to the cosmopolitan crowd in this part of the city. South Bangalore’s future definitely seems to be vibrant, feel property developers from the city. With more projects coming up, malls and retail outlets mushrooming and the already developed infrastructure being a boon, especially when north Bangalore is yet to have a sound infrastructure system, this where Bangaloreans want to be.
‘GREATER CONNECTIVITY, MORE INFRASTRUCTURES’
The Bangalore South residential area includes Koramangala, Hosur Road, Bannerghatta Road, Sarjapur Road, Outer Ring Road, HSR Layout, Jayanagar, JP Nagar, Banashankari and Kanakapura Road. This zone represents locations which are the most preferred. The availability of land, strong infrastructure development and presence of the middle-income segment has contributed to the development of this zone. In anticipation of the Knowledge City and BMIC project, prominent developers have positioned their projects along the Bannerghatta Road. The elevated highway project between Silk Board intersection and Attibele will enhance the connectivity of Electronic City and surrounding locations on Hosur Road with the city.
Another important project that benefits this micro-market is the Bangalore Mysore Infrastructure Corridor (BMIC). This project increases the micro-market’s accessibility to the western zone of the city. The development of the first phase of the awaited Bangalore Development Authority-Peripheral Ring Road (BDA-PRR) will work in favour of the residential development in this micro-market.
Bangalore South has been witnessing relatively strong residential development. The capital values range from Rs 5,500-8,000/sq ft in prime locations like Koramangala and vary between Rs 3,000- 5,600/sq ft in residential locations like JP Nagar. This variation in rates can be attributed to differential development across locations in the south.
With the completion of the first phase of the BDA-PRR in 2012, the north-eastern parts of the city comprising locations from Tumkur Road to Hosur Road would connect Bellary Road, Old Madras Road, Varthur Road and Sarjapur Road. The BMIC will enhance the residential potential of locations like Bidadi. It would provide better accessibility to the south western micro-markets in Bangalore.
Mahaveer Meridian – Buyer’s and Investment Advantages
- Located in a well-established residential area
- Close to schools, shopping malls & hospitals
- Proximity to Metro stations
- Vaastu Compliant.
Mahaveer Meridian – About Builder
Mahaveer Homes from Reddy Structures, the Bangalore based real estate company saw its genesis in 1997 under the able leadership and guidance of its founder and managing director Mr K. Praveen. Built on a wealth of experience, earning an excellent reputation for elegantly designed and crafted developments of high quality homes, Mahaveer Group provides new home buyers a quick and easy access to the most comprehensive database of home developments on the web. Every Mahaveer Home is a unique blend of comfort and efficiency. It is a joint effort of a team of dedicated and enterprising professionals, who truly understand what it takes to build the home that is very close to your heart.
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