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PRICE COMPETITIVENESS
LOCATION QUALITY
BUILDER PROFILE
CONSTRUCTION QUALITY

Sterling Ascentia is a high-rise residential apartment project located opposite to RMZ Ecospace on Sarjapura – Marathahalli Outer Ring Road, Bellandur, Bangalore. The Project offers premium 3 BHK apartments with vast green space.

The Project Site is directly accessible by 100ft wide Outer Ring Road (ORR). The Project is in the immediate neighbourhood of IT hub of Sarjapura – Marathahalli Ring Road and offers perfect “Walk to Work” lifestyle to its residents with majority of IT Parks & SEZ falling within 2 Km radius.

Below table provides a snapshot of the Project:

Type of ProjectResidential
Developer NameSterling Developers
Project LocationOpposite RMZ Ecospace, Bellandur, Outer Ring Road, Bangalore
Land Area 6 acres
No of Units 392
No of Towers / Blocks6 Towers
Units Configuration 3 BHK – 1591 - 2015 sq. ft.
No of Floors2B+G+14
Completion Timeline June’18

Price Rating: BETTER THAN MOST (in the micro-market)

We have benchmarked Sterling Ascentia against other high-rise apartment projects in and around Bellandur locality, on or off Outer Ring Road. We found the price of Sterling Ascentia “Comparable” compared to other competing projects in the immediate neighbourhood.

Though there is limited availability of new residential apartments on ORR, there is a healthy supply of residential properties off ORR as well as on Sarjapura Main Road. Hence, there will be limited price appreciation in future as buyers are spoilt for choices. Sterling Ascentia is a very good choice for self-use residential home.

Project NameDeveloper NameLocation Units Sizes Price Expected Completion
Sterling AscentiaSterling DevelopersBellandur, Outer Ring Road1591 – 20916200June’18
Vajram EstevaVajram GroupBellandur, Outer Ring Road2122 - 32325750Nov’19
DNR ReflectionDNR GroupBellandur, Off Outer Ring Road1910 - 32506440Dec’18
Embassy PristineEmbassy GroupBellandur, Off Outer Ring Road2666 – 53847500Completed
Rohan IkshaRohan BuildersBhoganahalli Road, Off Outer Ring Road293 – 21715250March’18
Prestige Ivy TerracesPrestige EstatesDoddakannelli-Kaadubeesanahalli Rd1193 - 17506000June’17
Prestige SilversunPrestige EstatesDoddakannelli-Kaadubeesanahalli Rd1221 - 21246500Completed
Adrash Palm RetreatAdarsh DevelopersDoddakannelli-Kaadubeesanahalli Rd1320 – 33756700Completed
Nitesh Cape CodNitesh EstatesBellandur, Off Sarjapura Main Road1260 - 24286000Dec’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 25, 2017.

Location Rating: BETTER THAN MOST

Sterling Ascentia is located opposite RMZ Ecospace on Outer Ring Road, Bellandur, Bangalore. 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 2 Km from the Project. Due to its proximity to office space, Sterling Ascentia offers “walk to work” or minimal stress free travel lifestyle to its residents.

The immediate neighbourhood also 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.

LOCATION HIGHLIGHTS

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 2 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 directly opposite RMZ Ecospace on ORR and just 300 meters south of Passport office.
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 (18 Km); KR Puram Railway Station (10 Km)
Airport

Kempegowda International Airport is 48 Kms away.

SOCIAL INFRASTRUCTURE

Builder Rating: AMONG THE BEST

Sterling Developers is one of the oldest & well-known builders of Bangalore with over three decades of experience in real estate development. It is promoted by brothers Mr. Ramani Sastri and Mr. Shankar Sastri. Mr. Ramani Sastri is the founder and past president of Confederation of Real Estate Developers Association of India (CREDAI). Sterling Developers have developed around 24 residential projects in some of the most upscale locations in Bangalore. They have a Joint Venture with Gera Developers of Pune in which they have executed and are executing projects both in Pune and Bangalore.

Sterling Developers has excellent relationships with top financial institutions of India such as HDFC Ltd, HDFC Property Fund, Piramal Capital and Urban Infrastructure Fund.

Builder NameSterling Developers
Flagship Company NameSterling Developers Pvt. Ltd.
Address8, Cubbon Road, Prestige Nebula, Level 5, Bangalore - 560001
Year of Establishment1987
Managing DirectorRamani Sastri
No. of Projects Completed24
Popular ProjectsSterling Shalom, Sterling Terraces
Company Website http://www.sterlingdevelopers.com

Construction Quality Rating: BETTER THAN MOST

We found “Good” Quality of Construction in its last two completed projects. The construction in the Project is done in-house and part work given to contractors. Sterling Builders have a strong project engineering and management team which has over three decades of experience in project execution. The Project’s specifications are better than those offered in a similar standard apartment project.

The Projects offers a limited range of amenities and sports facilities to its residents.

Construction ContractorIn-house construction by Sterling Developers.
ArchitectVenkataramanan Associates, a well-known architecture and urban planning firm based out of Bangalore.
SpecificationsAbove standard specifications such as:
• Timber laminated flooring in all rooms; vitrified tiles in all living & dining areas.

• Main door is pre-moulded flush shutter and frame in wood; other internal doors have wooden frames and flush shutters.

• UPVC sliding windows with mosquito mesh.

• Reputed brands for Sanitary Fixtures and CP Fittings.

• Piped gas connection from utility to kitchen
Expected CompletionNovember’19

AMENITIES & LIFESTYLE

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

Table Tennis.

Tennis Court.

Basket Ball Court.

Swimming Pool.

Jogging Track.

Children’s Play area.
Sewage Treatment Plant.

Landscaped Garden.

Rainwater harvesting system.

Water Purification Plant.
Indoor Multipurpose Hall.

Library.

Outdoor Seating Arena.

100% Power Backup.
Walk to Work Life-style.

Sterling Ascentia has received all required NOCs from the concerned authorities, master plan approval from BDA 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 lakes. 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 very 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.

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