EXCELLENT LOCATION; WALK TO WORK WITH VAJRAM ESTEVA
Vajram Esteva is a premium mixed use development having high-rise apartment towers and a commercial office tower (retail on the ground floor) located on Sarjapura – Marathahalli Outer Ring Road, Bellandur, Bangalore. Vajram Esteva offers perfect “Walk to Work” lifestyle to its residents with majority of IT Parks & SEZ falling within 2 Km radius.
The Project Site is directly accessible by 100 ft wide Outer Ring Road (ORR). The Project is located next to Country Club and is in the immediate neighbourhood of IT hub of Sarjapura – Marathahalli Ring Road.
Below table provides a snapshot of the Project:
|Type of Project||Residential & Retail|
|Developer Name||Vajram Group|
|Project Location||Devarabisanahalli, Bellandur, Outer Ring Road, Bangalore|
|Land Area||2.5 acres|
|No of Units||106|
|No of Towers / Blocks||3 Towers|
|Units Configuration||3 BHK - 2122 - 2401 sq. ft.|
4 BHK - 3018 - 3232 sq. ft.
|No of Floors||2B+G+12|
Price Rating: BETTER THAN MOST
We have benchmarked Vajram Esteva against other high-rise apartment projects in and around Bellandur locality, on or off Outer Ring Road. We found the price of Vajram Esteva “Less” compared to other competing projects in the immediate neighbourhood.
As there is good supply of residential properties in this location as well as on Sarjapura Main Road there will be limited price appreciation in future as buyers are spoilt for choices. Vajram Esteva is a very good choice for self-use residential home.
|Project Name||Developer Name||Location||Units Sizes||Price||Expected Completion|
|Vajram Esteva||Vajram Group||Bellandur, Outer Ring Road||2122 - 3232||5750||Nov’19|
|Sterling Ascentia||Sterling Developers||Bellandur, Outer Ring Road||1591 – 2091||6200||June’18|
|DNR Reflection||DNR Group||Bellandur, Off Outer Ring Road||1910 - 3250||6440||Dec’18|
|Embassy Pristine||Embassy Group||Bellandur, Off Outer Ring Road||2666 – 5384||7500||Completed|
|Rohan Iksha||Rohan Builders||Bhoganahalli Road, Off Outer Ring Road||293 – 2171||5250||March’18|
|Prestige Ivy Terraces||Prestige Estates||Doddakannelli-Kaadubeesanahalli Rd||1193 - 1750||6000||June’17|
|Prestige Silversun||Prestige Estates||Doddakannelli-Kaadubeesanahalli Rd||1221 - 2124||6500||Completed|
|Adrash Palm Retreat||Adarsh Developers||Doddakannelli-Kaadubeesanahalli Rd||1320 – 3375||6700||Completed|
|Nitesh Cape Cod||Nitesh Estates||Bellandur, Off Sarjapura Main Road||1260 - 2428||6000||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 April 24, 2017.
Location Rating: BETTER THAN MOST
Vajram Esteva is located on Outer Ring Road, Bellandur, Bangalore, next to Country Club. The Project is directly accessible from Outer Ring Road which is the IT hub of Bangalore East. A large number of IT Parks and SEZs are within 5 Km from the Project. Vajram Esteva provides “walk to work” or minimal stress free travel lifestyle to its residents.
The immediate neighbourhood is a well-developed IT / ITES hub of Bangalore and has several high-rise residential projects from top builders such as Prestige Estates, Adarsh Developers, Sobha Limited, Nitesh Estates and Embassy Group.However, ORR is one of the most traffic prone roads in Bangalore. Hence, this location works well only for those people who work in and around ORR within 10 Km radius.
|Immediate neighbourhood |
All major IT SEZs such as Global Technology, Park RMZ Ecospace, Pritech Park SEZ, Embassy Tech Village and Cessna Business Park are within 1 Km radius. The immediate neighbourhood has well-developed social infrastructures such as retail store, schools and hospitals, all within walking distance.
|Landmarks nearby |
The Project is next to Country Club on ORR and just 250 meters north of Intel Campus.
|Access Roads |
Directly accessible from 100 ft Outer Ring Road. Sarjapura Main Road is around 2.5 Km in the south direction
|Metro Rail |
Nearest station as per proposed plan of Namma Metro Phase 3 is Bellandur at Sarjapura Main Road, around 3 Km from the Project.
|Train Stations |
Bangalore City Railway Station (17 Km); KR Puram Railway Station (10 Km)
Kempegowda International Airport is 48 Kms away.
Builder Rating: ABOUT AVERAGE
Vajram Group is promoted by Mr. Pavan Vajram, a technocrat with decades of experience in Technology industry. He was the founder of TechForce, an integrated chip design company which was later acquired by Smartplay Inc. He has founded several other companies in the US and India. Vajram Group also owns an aromatic company, Vajram Aromatics, which does cultivation, procurement and distillation of over 20 essential oils in India.
Vajram Group has completed only two projects so far and hence have limited real estate industry and construction experience. However, the group has been quite focused on real estate and have three large ongoing projects in North and South of Bangalore.
|Builder Name||Vajram Group|
|Flagship Company Name||Vajram Estates Pvt. Ltd.|
|Project Execution Company||Vajram Estates Pvt. Ltd.|
|Address||No 61, Shri Vijayaraja Estate, Thanisandra Main Road, Bangalore - 560064|
|Year of Establishment||2005|
|Managing Director||Pavan Vajram|
|No. of Projects Completed||2|
|Popular Projects||Vajram Essenza|
Construction Quality Rating: ABOUT AVERAGE
We found “Average” Quality of Construction in its last two completed projects. The construction in the Project is being done in-house with piecemeal work given to smaller contractors.
The Projects offers a number of amenities and indoor sports facilities to its residents. However, there is no outdoor sport facilities available to its residents. Presence of a retail mall within the campus will be of great convenience to its residents.
|Construction Contractor||In-house by Vajram Group|
|Architect||Space Matrix, a Singapore based well known architectural firm with presence in Australia, China, India, Thailand, Singapore, United States and Vietnam.|
|Specifications||Standard specifications such as |
• Wooden flooring in master bedroom; Vitrified tiles in all rooms, living, Kitchen & dining areas.
• Hardwood main door frame with BST shutter for main door as well as internal doors.
• UPVC sliding windows with mosquito mesh.
• Reputed brands for Sanitary Fixtures and CP Fittings.
AMENITIES & LIFESTYLE
|HEALTH & FITNESS||GREEN ENVIRONMENT||LIFESTYLE & DESIGN||X - FACTOR|
|Clubhouse with Gym.|
Carrom & Chess.
Roof Top Swimming Pool.
Children’s Play area.
|Sewage Treatment Plant. |
Rainwater harvesting system.
|Indoor Multipurpose Hall. |
100% Power Backup.
|Walk to Work Lifestyle. Retail Mall.|
Vajram Esteva has received all required NOCs from the concerned authorities and building plan sanctions from BBMP. We did not find any regulatory related issues with the project.
Word of Caution: The Project falls under eco-sensitive valley zone of Bellandur lake. There are several primary and secondary valley zones very close to the project. We haven’t verified the presence of any naala or valley zone as per the village map, which is critical. Bellandur lake has become a national topic of discussion and is on the radar of NGT as well as High / Supreme Courts.
Buyers are advised to conduct an independent legal and technical due-diligence of the project before investing in the project.