STANDARD PROJECT AT BANNERGHATTA MAIN ROAD; PRICEY FOR THE PRODUCT
Salarpuria Casa Irene was formerly known as Salarpuria Clarinet. The Project Site is located in Kalena Agrahara, Bannerghatta Main Road, Bangalore, Karnataka, India. The Project Site is accessible through an 80ft wide Bannerghatta Main road.
The Property is opposite to Decathlon store and next to Kalena Agrahara Lake. The Bannerghatta Main Road runs parallel to the West boundary of the Property.
Below table provides a snapshot of the Project:
|Type of Project||Residential|
|Developer Name||Salarpuria Sattva Group|
|Project Location||Kalena Agrahara, Bannerghatta Main Road, Bangalore|
|Land Area||2.9 acres|
|No of Units||228|
|No of Towers / Blocks||3 Towers|
|Units Configuration||3 BHK – 1894 - 2226 sq. ft.|
|No of Floors||G+23|
Price Rating: ABOUT AVERAGE
We have benchmarked Casa Irene against apartments within 5 Km radius of Kalena Agrahara, Bannerghatta Main Road. We found the Price of Casa Irene “Higher” than most of similar apartments in the same micro-market.
|Project Name||Developer Name||Location||Units Sizes||Price||Expected Completion|
|Salarpuria Casa Irene||Salarpuria Sattva||Kalena Agrahara, Bannerghatta Main Road||1894 - 2226||6250||June’19|
|Nitesh Hyde Park||Nitesh Estates||Doddakammanahalli Main Road||688 – 1920||5500||Ph 2 in Aug’17|
|Unishire Spacio||Unishire Group||Arekere, 80 ft BDA Road||1266 - 2156||5000||July’18|
|Orchards Square||Valmark Group||Kothnur Road, Off Bannerghatta Main Road||1042 – 1455||4800||June’19|
|Song of the South||Prestige Group||Akshaynagar, Begur – Koppa Road||644 - 2467||4750||June’19|
|Jain Aashraya||Jain Housing||Pillaganahalli, Bannerghatta Main Road||884 – 1210||4250||Dec’17|
|Wind Chimes||Mahindra Lifespace||Arekere, Bannerghatta Main Road||1776 – 3012||7300||June’18|
*The quoted price is base price of the unit and does not include car parking, floor rise, club house, deposits & taxes.
NOTE: Price last updated on FEBRUARY 17, 2017.
Location Rating: ABOUT AVERAGE
Casa Irene is located in Kalena Agrahara on Bannerghatta Main Road, Bangalore. The immediate neighbourhood is a residential locality having a mix of high-rise apartments & low income houses. Prominent developments nearby are Prestige Notting Hill, Mantri Residency, Purva Panorma and Himagiri Meadows. However, the neighbourhood is a midscale locality compared to posh nearby locations of JP Nagar and BTM Layout.
|Immediate neighborhood |
Has a number of high-rise residential projects on Bannerghatta Main Road. But the locality is a midscale area having a mix of slums and low income houses.
|Landmarks nearby |
Located opposite Decathelon on Bannerghatta Main Road and next to Grosshoppers, an upscale open air restaurant.
|Access Roads |
Bannerghatta Main Road is the access road to the Property. NICE Ring Road is just 2 Km from the Property in the South direction.
|Metro Rail |
Nearest stations are Hulimavu (1.4 Km) in the North and Gottigere (1.5 Km) to its South.
|Train Stations |
Bangalore City railway station (13 Km); Yeshwanthpur Railway Station (11 Km).
Kempegowda International Airport is 29 Kms away.
Builder Rating: AMONG THE BEST
Salarpuria Group was founded in 1986 in Kolkata with the primary focus of developing real estate projects. Subsequently they shifted to Bangalore and are now one of the largest real estate developer in Bangalore with projects in Pune, Hyderabad, Coimbatore and Goa. Salarpuria Group has a very large portfolio of high quality residential and commercial projects spanning 15 million+ sq ft. in 2006 Sattva Group was established to diversify into non-core businesses such as education (Greenwich High International School), Aero Accessories, Facility Management and Warehousing.
The combined entity is now known as Sattva Group.
|Builder Name||Salarpuria Sattva|
|Flagship Company Name||Salarpuria Developers Pvt. Ltd.|
|Address||4th Floor, Salarpuria Windsor, No. 3, Ulsoor Road, Bangalore|
|Year of Establishment||1993|
|Managing Director||Bijay Agarwal|
|No. of Projects Completed||40+|
|Popular Projects||Salarpuria Greenage, Salarpuria Gold Summit|
Construction Quality Rating: BETTER THAN MOST
We found “Excellent” Quality of Construction in all its completed projects. The construction in all its Projects is outsourced to well-known engineering firms so one can expect high quality of construction and finishing. Though the Project offers premium specifications, it fails to provide enough green space to its residents. The existing provision for Green Park shall be lost in proposed road widening of Bannerghatta Main Road. Hence, we couldn’t give a possible rating of “9” here.
|Construction Contractor||Consolidated Construction Consortium Limited (CCCL), a well-known reputed engineering & construction company.|
|Specifications||Premium specifications such as Engineered marble flooring in Living & Dining rooms, Wooden flooring in Master bedroom, Vitrified tiles in other bedrooms, Teakwood main door frame, Salwood frames for other doors, UPVC with mosquito mesh in windows and European Water Closet.|
AMENITIES & LIFESTYLE
|HEALTH & FITNESS||GREEN ENVIRONMENT||LIFESTYLE & DESIGN||X - FACTOR|
|Clubhouse with Gym. |
Squash & Badminton Courts.
Chess, Carrom & Card Room.
Outdoor Swimming Pool.
Billiards / Snooker.
Children Play area.
Cricket Practice Pitch.
|GRIHA Certified Green Building.|
Sewage Treatment Plant.
Rainwater harvesting system.
|Spa with Steam & Sauna.|
Senior Citizen Park.
Though the project falls within 75 meters of buffer zone of Lake boundary the new norms are not applicable as the project received its approvals from BBMP prior to NGT judgement of May’16.
Hence, we do not foresee any regulatory risks such as occupancy certificate for the Project. However, the buyers are advised to take an independent opinion from a lawyer or a technical expert.