PROJECT IS VALUE FOR MONEY FROM A WELL-KNOWN BUILDER
The Project Site is located next to Karnataka State Reserve Police (KSRP) Battalion Camp 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 actually sandwiched between KSRP Campus and SNN Raj Eterniia Project.
The Property is next to Hosa Lake (also called Kudlu Lake), which shares it East boundary with the Property and KSRP Camp, which shares its West & South boundary with the Project Property. The 40 ft Haralur Road is 1.5 Km away while Central Jail Road is just 500 meters from the Property.
Below table provides a snapshot of the Project:
|Type of Project||Residential|
|Developer Name||SJR Prime Corp|
|Project Location||Silver County Road, Parappana Agrahara, Off Haralur Road, Bangalore|
|Land Area||16 acres|
|No of Units||1244 Apartments|
|No of Towers / Blocks||11 Towers|
|Units Configuration||1 BHK - size is 655 sq. ft.|
2 BHK - 935 – 1184 sq. ft.
3 BHK – 1470 – 1680 sq. ft.
4 BHK – 2265 sq. ft.
|No of Floors||G + 18|
Price Rating: BETTER THAN MOST
We have benchmarked SJR Blue Waters against other high-rise apartment projects from top builders on or off Haralur Road & Central Jail Road. We found the Price of SJR Blue Waters “Less” compared to other projects in the same micro-market. Given the amazing variety and number of amenities the Project is offering, the Current Price of Blue Waters is quite attractive.
|Project Name||Developer Name||Location||Units Sizes||Price||Expected Completion|
|SJR Blue Waters||SJR Prime Corp||Silver County Road, Off Central Jail Road||655 - 2265||4650||Dec’17|
|SNN Raj Eternia||SNN Group||Silver County Road, Off Haralur Road||1150 - 3460||4786 / 5100||March’18 (tower wise)|
|Purva Skydale||Purvankara Projects||Silver County Road, Off Haralur Road||1277 - 1929||5800||Aug’17|
|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|
|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 MARCH 22, 2017.
Location Rating: ABOUT AVERAGE
SJR Blue Waters 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 Property is adjacent to Karnataka State Reserve Police (KSRP) Battalion Camp and Hosa Lake. The immediate neighbourhood has a number of high rise residential projects from top builders like Puravankara and Sobha, however has very poor social infrastructure such as retail shops, clinics and grocery stores which are all almost 3 Kms away from the Property.
|Immediate neighbourhood |
Has many residential projects from top builders but poor social infrastructure such as retail shops and grocery stores.
|Landmarks nearby |
Located next to KSRP Battalion Camp. Hosa Lake touches the Property’s South side.
|Access Roads |
Silver County Road is the access road to the Property. Haralur Road is 1.5 Km away while Central Jail Road is just 500 meters from the Property. Sarjapura Main Road is 4.8 Km away.
|Train Stations |
Bangalore City railway station (19 Km); KR Puram Railway Station (17 Km)
Kempegowda International Airport is 50 Kms away.
Kempegowda International Airport is 52ce Kms away.
Builder Rating: BETTER THAN MOST
Till 2010 SJR Group was one of the top builders in Bangalore with several large residential, commercial and retail developments under its portfolio. SJR Group had completed over 15+ projects in residential, commercial & retail verticals in Bangalore. SJR Group was owned by two brothers – Boopesh Reddy and Vijay Reddy. In 2011 both brothers decided to split the Group business into two different entities – Bren Corporation and SJR Prime Corp. In 2010 Mr. Vijay Reddy started SJR Prime Corp which is engaged in construction of residential, commercial and retail properties in Bangalore. Under the brand SJR Prime Corp, the company has completed 2 residential and 3 commercial projects spanning 2 million sq ft. The company has 7 large residential project covering 5 million sq ft under construction.
|Builder Name||SJR Prime Corp|
|Flagship Company Name||SJR Prime Corporation Private Limited|
|Address||7th Floor, SJR Primus, No. 1 Koramangala Industrial Area, Bangalore|
|Year of Establishment||2010|
|Managing Director||Vijay Reddy|
|No. of Projects Completed||6|
|Popular Projects||SNN Primus at Koramangala; The Pavilion on Outer Ring Road|
Construction Quality Rating: BETTER THAN MOST
We found “Good” Quality of Construction in all its completed projects. SJR Group has wide experience of constructing and delivering large residential and commercial projects. The project offers a wide range of amenities and sport facilities to its residents.
|Construction Contractor||In-house Construction|
|Architect||VBT Consortium, one of the oldest & renowned architecture firm of Bangalore. It was established in 1956 by VB Thimmiah.|
|Specifications||Standard specifications such as Vitrified tiles, teak wood door frames, UPVC with mosquito mesh in windows, Rocca / Kohler Sanitary Wares and Rocca / Kohler CP Fittings.|
|Expected Completion||Dec’17 onwards|
AMENITIES & LIFESTYLE
|HEALTH & FITNESS||GREEN ENVIRONMENT||LIFESTYLE & DESIGN||X - FACTOR|
|Clubhouse with Gym. |
Tennis, Badminton, Squash & Basketball Courts.
Swimming Pool with water slide.
Children Play area.
Cricket Practice Pitch.
Outdoor Fitness Area.
|Sewage Treatment Plant.|
Rainwater harvesting system.
|Spa with Steam & Sauna.|
Open Air Theatre.
Children Skating Rink.
Senior Citizen Park.
|Beautiful view of Hosa Lake|
Golf Putting Greens.
SJR Blue Waters has all necessary NOCs from the concerned authorities, development approval from BDA and building plan sanction from BBMP.
The Project is adjacent to Hosa Lake (shares West boundary & South boundary of the Project Property). Though the setbacks are not as per the NGT ruling of 2016, the project has no issues as plans were sanctioned before the NGT ruling.
However, Buyers are advised to conduct an independent technical and legal due-diligence before investing in this property.