Elita Promenade, located in JP Nagar, Bangalore. is completed project of Purvankara Group. Bangalore – a bustling metropolis, whose economic prosperity and cosmopolitan populace are reflective of India’s march towards becoming a global powerhouse. The world’s second fastest growing city has witnessed a complete metamorphosis from a laid-back, pensioners’ haven to a booming, global tech-city.
As one of Singapore’s leading, listed property developers with a portfolio of landmark residential projects across the Asia-Pacific, Keppel Land Limited is proud to play a part in making Bangalore a truly international destination. In a first-of-its kind Joint Venture, Keppel Land Limited has joined hands with Puravankara Projects Ltd, one of Bangalore’s premier developers, to form Elita – a series of international living spaces across the country.
Elita Promenade – the first international residential project launched in Bangalore, is a hallmark of Keppel’s expertise and global outlook.
Puravankara Elita Promenade – Amenities
- Swimming Pool
- Health Facilities
- Tennis Court
- Badminton Court
- Indoor Games
- Basket Ball Court
- 24Hr Backup
- Maintenance Staff
- Club House
- Community Hall
Puravankara Elita Promenade – Location Map
Puravankara Elita Promenade – Price, Options and Possession
- Price Starts from 1cr on wards
- BHK Options – 2 BHK and 3 BHK
- Size – 1365 Sq Ft to 1690 Sq Ft
- Possession : November 2012
Puravankara Elita Promenade – Project Area, Open Space and Key Highlights
- Project Total Area – NA.
- Total Units – 1000.
- Total Open Space – NA.
Puravankara Elita Promenade – Project Specification
- All interior walls; Plastered and painted in oil bound distemper.
- Exterior walls: Painted with acrylic-based paint.
- Kitchen: Ceramic tiles only to wall above counter top and up to 2 ft height.
- All Bathrooms: Ceramic tiles from floor or false ceiling.
- Living & Dining room: Vitrified tiles.
- All Bedrooms: Vitrified tiles.
- Kitchen: Vitrified tiles.
- All Bathrooms, Balcony and Utility Area: Ceramic Tiles.
- All Lift lobbies: Ceramic tiles.
- Powder Coated Aluminum framed sliding windows and/or hinged windows.
- Main Entrance Door: Solid Wood with Teak veneer finish.
- All Bedrooms, Bathrooms: Solid core timber door.
- Balcony, Terrace/Sit out Area: Powder coated aluminum framed with fixed glass sliding doors.
- Bathtub in Master Bathroom.
- Designer Bathroom with good quality, vitreous ceramic ware for water closets and washbasins.
- Health Faucets.
- “Jaguar” CP fittings or equal.
- Polished granite Kitchen counter top.
- Stainless steel sink with hot and cold water mixer.
- Concealed conduit with PVC insulated copper wires, modular switches.
- Cable TV and Telephone Point in Living Room and Master Bedroom.
- Provision of AC compressor point in Living Room and Master Bedroom.
- Generous power outlets throughout apartment.
- Back-up power to TV point and fridge.
- Provision of multiple numbers of 10-passenger lifts for each block.
- Basement & Open Carpark.
Puravankara Elita Promenade – Master Plan
Puravankara Elita Promenade – Accessibility and Key Distances
- Location – JP Nagar, Bangalore
- Distance from Railway Station – 13.5 Kms
- Distance from Airport – 41.2 Kms
- Distance from MG Road – 13.5 Kms
- Nearest Metro station – 2.2 Kms(Kanakapura Road Metro Station)
- Nearest Ring Road – 8 Kms(NNICE Ring Rd)
Puravankara Elita Promenade – Neighborhood
- Ace Hacker
- The Brigade School
- Indian Institute of Management Bangalore
- Divine Montessori School
- Narayana E-Techno School
- Sri Chaitanya PU College
- Many more…
- Smiles Dental Hospital
- Aesthetica Skin Clinic
- Neighbourhood Hospital
- Infilife Healthcare
- Patanjali Chikitsalaya
- Many more…
Nearby Shopping Malls, Banks and Restaurants: All within 1 km
Puravankara Elita Promenade – Surrounding Developments
Good connectivity, proximity to workplaces and social infrastructure are pushing demand and leading to the development of more residential property options on Kanakapura road.
Being the centre of the South, the Kanakapura Road has witnessed extensive residential development, expanding outwards to cater to the demand from an increasing working population in the IT belts around. Proximity to established residential locations, good infrastructure and connectivity, and a good range of options for occupiers, are leading to Kanakapura Road emerging as new residential hotspots.
Kanakapura Road, once the backyard of nature, is today a concrete jungle. The approximately 27km stretch that starts from Majestic, leads up to Kanakapura town. Previously known as Kanakanahalli Road, the area was said to be a forest. But from days – when only bullock carts were seen and two buses plied – to emerging as a prime locality in South Bangalore, the road has undergone a rapid change. Today it is the preferred destination of not just popular builders but also industrialists, hoteliers and artists.
South Bangalore is a cosmopolitan region, mainly on account of a huge influx of people from all over India owing to the advent of the IT sector in the city here. Electronics City emerged as the first IT hub of Bangalore in the 1990’s. With the setting up of the IT companies, the south Bangalore region became a preferred commercial as well as residential destination.
Vaikunta Hill, off Kanakapura Road, gives a bird’s-eye view of the future of Bangalore South. The hillock provides not only a 360-degree view of all of Bangalore but also the trajectory the development of the city will take in the coming years. Kanakapura Road witnessed the launch of several residential projects which can be attributed to the availability of land in the region.
The 28-acre hillock, on Kanakapura Road and very close to Konanakunte Cross, will be at the heart of the path-breaking changes the city will witness. Iskcon, which bought the 28-acre hillock for Rs 23 crore at a public auction, is building what it says is a Disneyland-like 4D technology driven Krishna Lila Park and will transform the tourist potential of Bangalore, Karnataka and India. The construction work on the theme park is begun in mid-2012 and gets completed by 2016-17. The neighborhood will be hi-tech and socially alive and engaging.
Vaikunta Hill is expected to spur massive residential apartment projects and villas in the range of 3-10 km. Kanakapura Road is set to become the hot destination from 2012 onwards as development is still now concentrated in the Yelahanka, Whitefield, Sarjapura regions. Kanakapura Road and beyond is virgin area in a sense and will see far more residential development than office space development, followed by retail and commercial development. Owing to the arrival of a massive tourist hub, property prices in and around Kanakapura Road area are bound to shoot up in the next five years. An acre of land in the area is running at Rs 9-10 crore. Expect a 10% to 15% rise in these prices in the next five years. The location of Metro Cash and Carry on Kanakapura Road is attributed to the presence of wealthy families in the area and the vastly spread small retail network in the area.
Housing activity along Kanakapura Road is expected to rapidly expand with the arrival of Metro Rail network. The line will reach Konanakunte, which will be connected to Majestic, which, in turn, is connected to M G Road. With commercial and residential rentals not too much in demand now, the onus is on purchase. Apartments are in the Rs 3,000 to Rs 3,500 per sq ft bracket. If you look in the first sector of Kanakapura, homes more than 15 years old that come onto the market can go for around Rs 8,000 per sq ft. Newer apartments are around Rs 5,000 to Rs 6,000 per sq ft and those on resale Rs 5,000 per sq ft. For those looking a little ahead in the second stretch, you will find a lot of budget housing and the apartments here will be in the price range of Rs 3000 per sq ft. The enhanced focus on connectivity and timely completion of the on-going infrastructure projects would provide further impetus for this micro market to evolve into a residential hub.
The affordable land prices and availability of Cauvery water are the two major factors which have prompted major residential developers like Sobha, Nitesh, Brigade, Concorde, etc to establish their projects in this micro market. It is a preferred destination by those employed in Electronics City and Bannerghatta Road.
Kanakapura Road originates in the city at Krishna Rao Park in Basavanagudi. Is close to J P Nagar, Banashankari, Jayanagar Is 16-18 kms from M G Road, Vidhana Soudha Metro rail is being built on Kanakapura Road till Konankunte Cross. The road cuts through Vasanthapura and Konanakunte ward.
Kanakapura road is just a stone’s throw away from the NICE Road and close to the proposed Metro station, which are the fastest ways into the CBD. Kanakapura Road being well-connected to Bannerghatta Road, Electronics City and Mysore Road, has also been hailed as South Bangalore’s new corridor of growth. With major IT hubs, hospitals and educational institutions being within comfortable reach and easy accessibility, Kanakapura Road is attracting investors in this locale.
Kanakapura Road is easily connected to the well-known Art of Living ashram and is a few minutes away from NICE Road that will transport you to the city centre in minutes. It is the perfect alternative to now unaffordable South Bangalore neighborhoods like Banashankari, J P Nagar and Jayanagar.
Puravankara Elita Promenade – Buyer’s and Investment Advantages
- Located in a well-established residential area
- Close to schools, shopping malls & hospitals
- Proximity to Metro stations
- Vaastu Compliant.
Puravankara Elita Promenade – About Builder
Puravankara has the distinction of being the first developer to obtain FDI in the Indian real estate industry through its joint venture with Singapore based Keppel Land Limited, the property arm of the 54% government owned conglomerate, Keppel Corporation Limited. The joint venture company, Keppel Puravankara Development Private Limited, has on-going housing projects in India.The Company has grown from strength to strength, having successfully completed 36 residential/commercial projects spanning 7.80 million square feet. Currently, it has 29 million square feet of projects under development, with an additional 88 million square feet in projected development over the next 7-10 years. An ISO 9001 certification by DNV in 1998 and a DA2+ rating by CRISIL are testament to Puravankara’s reputation as a real estate developer of the highest quality and reliability standards.
The Group commenced operations in Mumbai and has established significant presence in the metropolitan cities of Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Dubai, Colombo and Saudi-Arabia.
Reader’s Please share your opinion about this project.