VERY ATTRACTIVE PRICE BUT UNDEVELOPED LOCATION
Shriram Greenfield is a group housing project by Shriram Properties near Budigere Cross, Off Budigere Road, Off Old Madras Road, Bangalore, Karnataka, India. Shriram Greenfield offers compact sizes 2 & 3 BHK apartments with a wide range of amenities.
The Project Site is accessible through 40 feet Raghuvanahalli – Hosakote Road, which runs parallel to the north boundary of the Property. The Project is located behind Prestige Tranquility project.
Below table provides a snapshot of the Project:
|Type of Project||Residential|
|Developer Name||Shriram Properties|
|Project Location||Near Budigere Cross, Off Budigere Road, Konadasapura, Bangalore|
|Land Area||19.5 acres|
|No of Units||1645|
|No of Towers / Blocks||9 Towers|
|Units Configuration||2 BHK - 935 - 1065 sq. ft.|
2.5 BHK - 1165 & 1225 sq. ft.
3 BHK – 1350 sq. ft.
|No of Floors||2B+G+19|
Price Rating: BETTER THAN MOST
We have benchmarked Shriram Greenfield against similar apartment projects near Budigere Cross on or Off Old Madras Road (OMR). We found the price of Shriram Greefield “Less” compared to most of similar apartments in the same micro-market. This is primarily because the location of the project is not so good as it is off both OMR & Budigere Road and the project is still at initial stage of construction.
|Project Name||Developer Name||Location||Units Sizes||Price||Expected Completion|
|Shriram Greenfield||Shriram Properties||Near Buidigere Cross, Off Old Madras Road||935 - 1350||4200||Dec’17|
|Salarpuria East Crest||Salarpuria Sattva||Budigere Cross, Old Madras Road||598 - 1673||4990||Mar’19|
|Brigade Exotica||Brigade Group||Budigere Cross, Old Madras Road||2640 - 5540||5940||Sep’17|
|Prestige Tranquillity||Prestige Estates||Budigere Cross, Budigere Road||664 - 1991||5100||Completed|
|Bren Starlight||Bren Corporation||Avalahalli, Old Madras Road||915 - 1530||4190||Aug’18|
|Brigade Golden Triangle||Brigade Group||Bidarahalli, Old Madras Road||1200 - 2010||5500||Completed|
|Salarpuria Celesta||Salarpuria Sattva||Next to KR Puram Lake, Old Madras Road||1297 - 1873||5500||Completed|
|Pashmina Waterfront||Pashmina Developers||Sannatammanahalli, Old Madras Road||1636 - 4200||5500||June’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 MAY 19, 2017.
Location Rating: BELOW AVERAGE
Shriram Greenfield is located near Budigere Cross, Off Budigere Road, Off Old Madras Road, Konadasapura, Bangalore. The Project is accessible by Raghuvanahalli – Hosakote Road which in turn connects to Budigere Road and Old Madras Road (OMR). Budigere Cross region is a fast developing residential hub having projects from top builders such as Prestige Estates, Salarpuria Sattva Group, Brigade Group, Bren Corp, Shriram Properties and Nitesh Estates. However, there is no social Infrastructure in the neighbourhood as people will have to travel to OMR or KR Puram for their shopping and medical requirements.
OMR is well-connected to Whitefield, Marathahalli Ring Road and MG Road. The immediate neighbourhood is an industrial belt with large presence of pharmaceuticals & logistics companies. OMR also connects to Hoskote, which is one of the prominent industrial hubs at the outskirt of Bangalore.
|Immediate neighbourhood |
A fast developing residential locality with a mix of high-rise residential and villa projects. Social Infrastructure is yet to be developed in the neighbourhood. Nearby area is a well-established industrial hub.
|Landmarks nearby |
The Project is behind Prestige Tranquillity and is around 4.3 Km from Budigere Cross.
|Access Roads |
Directly accessible from Raghuvanahalli – Hosakote Road which in turn connects to Budigere Road (2.1 Km) and Old Madras Road (2.5 Km).
|Metro Rail |
Nearest station is proposed to be at KR Puram (12 Km).
|Train Stations |
KR Puram Railway Station (17 Km); Bangalore City Railway Station (28 Km).
Kempegowda International Airport is 37 Kms away.
Builder Rating: AMONG THE BEST
Shriram Properties is a 20 years old real estate development company with presence in Bangalore, Chennai, Hyderabad, Vishakhapatnam, Coimbatore and Kolkata. Shriram Properties is a part of renowned Shriram Group, a diversified Rs. 90,000 Crore Indian Conglomerate with interests in Financial Services, Infrastructure & Energy, Food & Retail and Industrial Manufacturing. Shriram Properties has delivered around 14 projects spanning 20 million sq ft of area in residential and commercial verticals. Shriram Properties also owns an IT / ITES SEZ Shriram Gateway in Chennai.
Shriram Properties is one of the few property developers in India which has attracted significant amount of Foreign Direct Investments from leading Foreign Private Equity Funds. They have excellent banking relationship with all leading Nationalised and Private Banks, NBFCs and Housing Finance Companies.
|Builder Name||Shriram Properties|
|Flagship Company Name||Shriram Properties Private Limited|
|Address||No 40/43, 8th Main, 4th Cross, RMV Extension, Sadashiv Nagar, Bangalore|
|Year of Establishment||1995|
|Managing Director||Murali Malayappan|
|No. of Projects Completed||14|
|Popular Projects||Shriram Gateway, Shriram White House|
Construction Quality Rating: ABOUT AVERAGE
We found “Good” Quality of Construction in all its completed projects. The construction in all its Projects is outsourced to well-known engineering firms so one can expect high quality of construction and finishing.
The Project offers a wide range of amenities & sports facilities and would provide a quality living to its residents.
|Architect||Hafeez Contractor, one of India’s top most architectural and urban planning design firm.|
|Specifications||Standard specifications such as:|
• Laminated wooden flooring in master bedroom; Vitrified tiles in all other rooms, living, dining & Kitchen areas.
• Teak wood door frame with BST shutter for main door; all other internal doors of composite wood.
• VPVC windows.
• Branded Sanitary Fixtures and CP Fittings.
AMENITIES & LIFESTYLE
|HEALTH & FITNESS||GREEN ENVIRONMENT||LIFESTYLE & DESIGN||X - FACTOR|
|Clubhouse with Gym.|
Yoga & Meditation Room.
Kids Play Area.
|Sewage Treatment Plant. |
Rain Water Harvesting.
|Steam & Sauna Room. |
Provision for Convenience Store.
Senior Citizen Park.
100% Power Backup.
Shriram Greenfield has received all required NOCs from the concerned authorities, master plan approval from BDA and building plan sanction from BBMP. We did not find any regulatory or environmental related issues with the project.
Buyers are advised to conduct an independent legal and technical due-diligence of the project before investing in the project.