Godrej Group is back to Bangalore again, showcasing its philosophy of innovation and excellence to the real estate industry. The company, which is currently developing landmark projects in 12 cities across India, has announced the pre-launch of its new residential cum commercial project Godrej United, in East Bangalore, one of the rapidly developing areas in the City of Gardens.
Godrej Properties Limited is the first real estate company to have ISO certification, which assures quality and reliability in each of the projects undertaken by the firm. The new pre-launch project spreads over an area of about 10 acres and offers excellent opportunity of wise investment to investors as well as end-users.
1 BHK, 2 BHK, 2.5 BHK, 3 BHK and 4 BHK residential apartments will be offered to the buyers under the project, which are all planned and designed by skilled architects, to best serve the varied requirements of the modern resident. High-quality infrastructure, state-of-the-art facilities and hi-end specifications make the project stand apart from its counterparts and ensures maximum comfort and luxury.Penthouses that have a built-up area of about 4200 sq.ft., are also being offered under the project, in addition to the 2 BHK, 2.5BHK, 3 BHK and 4BHK residential apartments that have a dimension of about 1338 sq.ft, 1459 sq.ft, 1933 sq.ft and 2900 sqft, respectively.
In addition to facilities like round-the-clock security, lift and 24*7 water and power backup, the new pre-launch project will also offer a wide array of state-of-the-art facilities and amenities to the buyers. Some of them are listed below :
|Unit Type||Size (Sqft)||Price||Booking Amount|
|1 BHK(Panorama)||648 Sqft||38.55 Lacs||12.50%|
|1 BHK(Vista)||613 Sqft||35.55 Lacs||12.50%|
|2 BHK(Panorama)||1831 Sqft||108.94 Lacs||12.50%|
|2 BHK(Vista)||1338 Sqft||77.80 Lacs||12.50%|
|2.5 BHK(Panorama)||1622 Sqft||96.50 Lacs||12.50%|
|2.5 BHK(Vista)||1459 Sqft||84.62 Lacs||12.50%|
|3 BHK(Panorama)||2173 Sqft||129.29 Lacs||12.50%|
|3 BHK(Panorama)||2762 Sqft||164.33 Lacs||12.50%|
|3 BHK(Vista)||1933 Sqft||112.11 Lacs||12.50%|
|3 BHK(Vista)||2619 Sqft||151.90 Lacs||12.50%|
|4 BHK(Panorama)||2956 Sqft||175.88 Lacs||12.50%|
|4 BHK(Vista)||2949 Sqft||171.04 Lacs||12.50%|
Strategically located in the bustling locality of Whitefield, the new pre-launch project is well-connected and easily accessible from all the parts of the city via road. Being an industrial hub, with the presence of major MNCs felt, the project is an ideal option of housing for IT professionals and others who would love to live in a close-to-work environment. In addition to workplaces, the project is also surrounded by a number of entertainment zones, malls and famous restaurants, adding to the advantages of investing in it.
Reserve your dream home as soon as the bookings open, and move closer to comfort and convenience. Some of the key distances from the project are:
Nearby Shopping Malls, Banks and Restaurants: All within 500 mts to 1 km
Efficient connectivity and well-developed social infrastructure have led to this belt turning self-sufficient. Whitefield features high on occupiers’ lists With commercial development on a continuing upswing, a good range of home options, and well-developed social infrastructure.
From being a location classified under Bangalore Rural to becoming the centre of IT and a vibrant residential market, Whitefield has emerged as a coveted premium destination. Its strategic location, variety of residential options, and mature social and civic infrastructure, has led to increasing demand for homes.
Bangalore’s growth story is synonymous with the emergence of the IT hub in Whitefield in the late 1990s. The initial impetus was provided with the formation of the Export Promotion Industrial Park (EPIP). Further, development of the International Technology Park, Bangalore (ITPB) catalyzed IT development in this micro-market. Connectivity was one of the key factors that led to Whitefield developing as an IT hub. Good civic infrastructure provided a link to important commercial centers as well as to upcoming areas in the vicinity. Several of these areas have now developed into micro-markets in their own right, with Whitefield emerging as the nodal hub.
The ITPB set up in Whitefield in 1998 was the first office space of Grade A quality in the sub-market. Thereafter, a number of good quality office buildings became operational, especially from 2005 onwards. Due to availability of ample good quality office space at relatively lower rentals, companies preferred to set up base in this location. As a result, the social infrastructure also developed simultaneously and the residential segment took off from 2005 onwards and gathered even more pace since 2009.
Whitefield with approximately 30 percent (29 million sqft) of the city’s non-captive operational office space features high on occupiers’ charts. Under-construction non-captive office space is around 1.67 million sqft while captive office space is around 4.10 million sqft. Planned non-captive office space is around 20.63 million sqft while captive space is around 3.60 million sqft.
Continued demand for office space in Whitefield and substantial under-construction office stock indicates that there will be more companies setting up offices in this belt. In the wake of this, the residential demand will also be augmented by the employees of these firms who will prefer residing in the vicinity, considering the presence of a well-developed social and road infrastructure.
Connectivity has played a significant role in the development of this region. Each of the areas in and around Whitefield is served well by road infrastructure which has helped them gain prominence over time.
The Outer Ring Road (ORR) and ITPB Main Road serve Mahadevapura and Doddanekundi. Old Airport-Varthur Road and Whitefield Main Road serve Varthur. The ORR and Old Airport Varthur Road serve Marathahalli. Whitefield Road serves Brookefields and Kundanahalli Gate. Whitefield Main Road serves Kadugodi. ITPL Main Road and Whitefield Road serve Hoodi. All these locations are within 5-6 km radius of the IT/ITeS hub in Whitefield which has acted as a catalyst to their development. The Hoskote belt has also witnessed rapid development as a result of proximity to Whitefield through the upgraded Old Madras Road. Mahadevapura has several prominent real estate projects such as the one million sqft plus retail project which caters to the shopping, leisure and entertainment needs of the residents of Mahadevapura as well as Whitefield.
The upcoming Metro has further increased demand for these areas, especially for residential projects near the Metro stations. The Metro Phase II will have 10 stations in this belt Mahadevapura, Doddanekundi Industrial Area, Vishveshwaraiya Industrial Area, Kundalahalli, Vydhehi Hospital, Sri Sathya Sai Institute of Higher Medical Sciences Hospi tal, ITPB, Kadugodi Industrial Area, Ujwala Vidyalaya and Whitefield.
The planned Phase I of the Peripheral Ring Road (PRR) will connect Whitefield to Yelahanka and Sarjapur, further enhancing the connectivity to rest of the city. All these factors have led to the Whitefield belt being a preferred residential and commercial hub.
Key locations in this belt are Whitefield, Brookefields, Mahadevapura, ORR (KR Puram to Marathahalli stretch.) and Varthur Road. Whitefield micro-market includes the EPIP Zone and areas enclosed between K R Puram Junction along the ORR to Hope Farm Junction via Hoodi Cirlce; from Hope Farm Junction to Varthur Lake Junction covering Whitefield Road; Varthur Lake Junction to Marathahalli Junction via Kundanahalli Junction, and Kundanahalli Junction to Hoodi Circle covering ITPB Main Road and Whitefield Road leading to Kadugodi. Popular residential neighbourhoods in this region include Mahadevapura, around Kadugodi, Varthur Road and Brookefields, owing to the presence of large self-sustained apartment complexes.
There are several factors that have led to the emergence of Whitefield as a self-sufficient neighborhood. These factors include the presence of a strong talent pool, availability of land parcels, constructed commercial spaces, signal-free ORR facilitating easy connectivity and mature social infrastructure. “Adjoining neighbourhoods such as Old Madras Road, Varthur Road and Whitefield Road are witnessing increased developer interest to accommodate the substantially large working population of Whitefield, the Outer Ring Road (ORR) and the international airport belt.“ Varthur gained prominence when the residential property demand in Whitefield led developers to look for land in the neighbourhood at relatively lower rates.
Efficient connectivity with the commercial hubs in Whitefield has pushed the development of residential property markets in the east and south.
Godrej Properties brings the Godrej Group philosophy of innovation and excellence to the real estate industry. The company is currently developing landmark projects in 12 cities across India. Established in 1990, Godrej Properties Limited is the first real estate company to have ISO certification. With projects that span across the country, the company’s upcoming development covers 74 million square feet. To create landmark structures, Godrej Properties collaborates with outstanding associates and reputed names. The company aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.
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