PRICEY COMPARED TO COMPETITORS; OFFERS LIMITED AMENITIES
The Project Site is located directly opposite to Lakedew Lake on Silver County Road, the road which connects Haralur Road and Central Jail Road. The access road, Silver County Road, width is 40 ft.
The Property is next to Purva Skywood Project, which shares its East boundary with the Project property. The 40 ft Haralur Road is just 500 meters away, Central Jail Road is 1.5 Km away while Sarjapura Main Road is just 3.5 Kms from the Property.
Below table provides a snapshot of the Project:
|Type of Project||Residential|
|Developer Name||Puravankara Projects|
|Project Location||Lakedew Residency Phase 2, Silver County Road, Off Haralur Road, Bangalore|
|Land Area||4.7 acres|
|No of Units||288 Apartments|
|No of Towers / Blocks||3 Towers|
|Units Configuration||2 BHK - 1277 - 1371 sq. ft.|
3 BHK - 1618 - 1929 sq. ft.
|No of Floors||G + 16|
Price Rating: ABOUT AVERAGE
We have benchmarked Purva Skydale against other high-rise apartment projects from top builders on or off Silver County Road, Haralur Road or Central Jail Road within 4 Km radius. We found the Price of Purva Skydale “Expensive” compared to other projects in the same micro-market. Price is almost 10% more than similar projects in the immediate neighbourhood even though the Project offers very limited amenities compared to other competing projects.
|Project Name||Developer Name||Location||Units Sizes||Price||Expected Completion|
|Purva Skydale||Purvankara Projects||Silver County Road, Off Haralur Road||1277 - 1929||5800||Aug’17|
|SNN Raj Eternia||SNN Group||Silver County Road, Off Haralur Road||1150 - 3460||4786 / 5100||March’18 (tower wise)|
|ND Passion||ND Developers||Silver County Road, Haralur Road||1212 - 2893||5300||Completed|
|Sobha Cinnamon||Sobha Developers||Silver County Road, Off Haralur Road||1451 - 2335||6600||Completed|
|RBD StiltWaters (Apartments)||RBD Shelters||Silver County Road, Off Haralur Road||1485 - 2176||4900||Dec’17|
|Mahaveer Ranches||Mahaveer Group||Parappana Agrahara, Central Jail Road||587 - 2475||4700||July’17|
|SJR Blue Waters||SJR Prime Corp||Silver County Road, Off Central Jail Road||655 - 2265||4650||Dec’17|
|Prestige Ferns Residency||Prestige Estates||Reliable Silver Oak Layout, Haralur Road||1174 - 2597||5900||Dec’16 (tower wise)|
|Bren Imperia||Bren Corporation||Shubh Enclave, Haralur Road||853 - 1778||5600||Dec’18|
|Shriram Chirping Woods||Shriram Properties||Shubh Enclave, Haralur Road||555 - 2990||6190||Dec’17|
*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 20, 2017.
Location Rating: ABOUT AVERAGE
Purva Skydale is located on Silver County Road, the road which connects to Haralur Road in the West and Central Jail Road (also called Kasavanahalli Road / Hosa Road) in the East. The immediate neighbourhood has a number of high rise residential projects from top builders like Puravankara and Sobha, however has poor social infrastructure such as retail shops, clinics and grocery stores which are all almost 2 Kms away from the Property on the Haralur Road.
|Immediate neighborhood |
Has many residential projects from top builders but poor social infrastructure such as retail shops and grocery stores.
|Landmarks nearby |
Located directly opposite to Lakedew Lake. Next to Purva Skywood project.
|Access Roads |
Silver County Road is the access road to the Property. Haralur Road is 500 meters away while Central Jail Road is 1.5 Kms from the Property. Sarjapura Main Road is 3.5 Kms away towards North.
|Metro Rail |
Nearest station is None.
|Train Stations |
Bangalore City railway station (16 Km); KR Puram Railway Station (16.2 Km)
Kempegowda International Airport is 47 Kms away.
Builder Rating: AMONG THE BEST
Puravankara is one of the oldest and most preferred builders of South India. Since its inception the Company has delivered 48 residential projects and 2 commercial projects spanning 24 million sq ft across South India. It has another 25 million sq ft (~18,000 homes) of area under development. Puravankara is an ISO 9001 certified company which is testament to its continued focus on highest quality and reliability standards. Puravankara has projects in several major Indian cities such as Bangalore, Chennai, Kochi, Coimbatore, Hyderabad, Mysore and Pune. In 2009 Puravankara launched Provident Housing Ltd, a wholly owned subsidiary to construct affordable housing projects under the brand “Provident”.
Puravankara is a publicly listed company and its shares trades on BSE & NSE. It has a workforce of around 900 skilled personnel and has an in-house team of over 200 engineers and architects.
|Builder Name||Puravankara Projects|
|Flagship Company Name||Puravankara Limited|
|Project Execution Company||Puravankara Limited|
|Address||No.130/1, Ulsoor Road Bangalore|
|Year of Establishment||1986|
|Managing Director||Ashish Puravankara|
|No. of Projects Completed||50+|
|Popular Projects||Purva Heights, Purva Carnation|
Construction Quality Rating: BETTER THAN MOST
We found “Excellent” Quality of Construction in all its completed projects. Starworth Infrastructure and Construction Limited, which is a 100% subsidiary of Puravankara, does construction of all Puravankara projects. We couldn’t give a 9 or 10 to the construction quality because of limited amenities & sports facilities offered by the Project even though all nearby competing projects are flush with world class amenities.
|Construction Contractor||Starworth Infrastructure and Construction Limited|
|Architect||Inhouse team of Puravankara|
|Specifications||Above Standard (not Premium) specifications such as Laminated wooden flooring for master bedroom, Vitrified tiles for all other rooms, teak wood door frames, UPVC with mosquito mesh in windows, Panic button in meter bedroom & dining area, Gas leak detector in Kitchen.|
AMENITIES & LIFESTYLE
|HEALTH & FITNESS||GREEN ENVIRONMENT||LIFESTYLE & DESIGN||X - FACTOR|
|Clubhouse with Gym. |
Indoor Swimming Pool.
Half Basketball Post.
Children Play area.
|Sewage Treatment Plant. |
Rainwater harvesting system.
|Steam & Sauna (Ladies & Gents). |
Yoga / Meditation Lawn.
Senior Citizen Corner.
|Beautiful lake views:|
Lakedew Lake in the North and,
Hosa Lake in the SouthSouth.
Purva Skydale had brief interruption in its construction due to the impact of NGT judgement of May 5, 2016. The Property shares its boundary with Hosa Lake. Buyers are advised to perform independent technical and legal due-diligence of the project before their investment.