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PRICE COMPETITIVENESS
LOCATION QUALITY
BUILDER PROFILE
CONSTRUCTION QUALITY

The Project Site is located near Hope Farm Junction on Channasandra Main Road, Whitefield, Bangalore, Karnataka, India. The Project Site is accessible through an 80ft wide Channasandra Main road. The Project is coming up on the land where Alembic Glass Factory (Yera brand glasses) was located earlier.

The Property is adjacent to MVJ College of Engineering Campus, which shares the East boundary of the Project site. The 80 ft Channasandra Main road runs parallel to the South boundary of the Property.

Below table provides a snapshot of the Project:

Type of ProjectResidential
Developer NameAlembic Real Estate
Project LocationNear Hope Farm Junction, Channasandra Main Road, Whitefield, Bangalore
Land Area 8.2 acres
No of Units 636
No of Towers / Blocks4 Tower / 16 Blocks
Units Configuration 2 BHK - 1314 sq. ft.
3 BHK - 1762 & 1890 sq. ft.
4 BHK – 2628 sq. ft.
No of FloorsG+19
Completion Timeline Dec’17

Price Competitiveness Rating: ABOUT AVERAGE

We have benchmarked Alembic Urban Forest against other high-rise apartment projects near Hope Farm Junction in Whitefield. We found the Price of Urban Forest “Less” compared to those of similar apartments in the same micro-market. For its location, amenities and prices compared to other similar projects Alembic Urban Forest is attractively priced.

Project NameDeveloper NameLocation Units Sizes Price Expected Completion
Alembic Urban ForestAlembic Real EstateHope Farm Jn, Channsandra Main Road1314 – 18905090Dec’17
Marvel SequoiaMarvel InfrabuildHope Farm Jn, Channsandra Main Road1252 – 15764700June’18
Brigade CosmopolisBrigade GroupOpp Forum Value Mall, Whitefield Main Road1320 – 34107000Sep’17
Prestige BoulevardPrestige EstatesDodsworth Layout, ECC Road1044 – 16365500Dec’19
Sobha HabitechSobha DevelopersHope Farm Jn, Channsandra Main Road1342 – 35847000Completed
Prestige White MeadowsPrestige EstatesWhitefield Main Road5576 – 785410000Completed
Prestige Park ViewPrestige EstatesHope Farm Jn, Whitefield Main Road1220 – 20235900Completed

*The quoted price is base price of the unit and does not include car parking, floor rise, club house, deposits & taxes.

Location Rating: ABOUT AVERAGE

Alembic Urban Forest is located just 700 meters east of Hope Farm Junction on Channasandra Main Road, Whitefield, Bangalore. The immediate neighbourhood is a fast developing residential and Industrial place having several prominent residential apartment projects, Retail shops and Industrial units. A number of prominent high-rise apartment projects such as Prestige Park View, Sobha Habitech, and Prestige White Meadows are present within 2 Km radius.

LOCATION HIGHLIGHTS

Immediate neighbourhood

Quiet neighborhood with a mix of residential and industrial developments.
Landmarks nearby

MVJ College of Engineering Campus is adjacent to the Project. Hope farm junction is just 700 meters from the Project site.
Access Roads

Directly accessible from 80ft Channasandra Main road; Whitefield Main Road and ITPL Main Road are just 700 meters away.
Metro Rail

Nearest station is Ujwala Vidyalaya (900 meters) planned in Phase II.
Train Stations

Whitefield railway station (2.9 Km); KR Puram Railway Station (10.3 Km); Bangalore City Railway Station (24.5 Km)
Airport

Kempegowda International Airport is 33 Kms away.

SOCIAL INFRASTRUCTURE

Builder Rating: BELOW AVERAGE

Alembic Real Estate is the real estate development arm of Alemic Group, a 100 year old Indian Conglomerate based out of Vadodra, Gujarat, with diversified interests in Pharmaceuticals, Real estate, Glassware (owns Yera brand), Engineering and Chemicals. Alembic Group has a business turnover of over $500 Million.

Alembic Group launched its real estate arm, Alembic Real Estate, in 2011 with two projects in Vadodra, Gujarat. All its existing projects are on its own lands which earlier had some industrial and manufacturing units. Alembic Group has a very profitable pharmaceuticals business and has invested heavily in its real estate business.

So far it has delivered only 1 project in Vadodra and hence extremely limited experience of project execution.

Builder NameAlembic Real Estate
Flagship Company NameAlembic Real Estate
Project Execution CompanyShreno Limited
AddressAlembic Road, Vadodra, Gujarat
Year of Establishment2011
Managing DirectorUdit Amin
No. of Projects Completed1
Popular ProjectsNA
Company Website http://www.alembicrealestate.com

Construction Quality Rating: ABOUT AVERAGE

Alembic Real Estate has only one completed project in Vadodra, Gujarat, which we haven’t visited physically. Hence we are not in a position to comment on the quality of its completed projects. The Project is fully loaded with amenities especially outdoor sports and recreational activities. The highlight of this Project is 3 acres of open green area including the vast central courtyard.

Construction ContractorGannon Dunkerley, is a large civil construction company with interests in industrial, buildings and infrastructure projects. The company was started in 1924 and has offices across major cities in India.
ArchitectMandviwala Qutub & Associates, a Mumbai based architect & interior design company with two decades of experience.
SpecificationsStandard specifications such as Laminated wooden flooring in master bedroom, Vitrified tiles in other rooms, living & dining areas, Flush doors in all rooms including main door, Cera or equivalent for Sanitary Fixtures and Grohe or equivalent for CP Fittings.
Expected CompletionDecember’17

AMENITIES & LIFESTYLE

HEALTH & FITNESSGREEN ENVIRONMENTLIFESTYLE & DESIGNX - FACTOR
Clubhouse with Gym.

Squash Court.

Indoor Games.

Virtual Games.

Outdoor Gym.

Tennis Court.

Jogging Track.

Swimming Pool.

Children Play Area.

Outdoor Cricket Practice Pitch.

Covered Cycle Track.
3 acres dedicated for greenery.

Sewage Treatment Plant.

Landscaped gardens and walkways.

Rainwater harvesting system.

Butterfly Park.

Hammock Garden.

Private Gardens.
Indoor Multipurpose hall.

Party Lawn.

Tree Houses.

Entrance Water Feature with Leisure seating.

Amphitheatre.

Camping Sites.

Barbeque Areas.

Café.

Creche.

Departmental Store.

FTTH (Fiber To The Home) Technology.
1 acre+ Central Landscaped Area.

We didn’t find any environmental or regulatory risks associated with this project.

Buyers are advised to take an independent legal and technical opinion before they invest in the Project.

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