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PROJECT LAUNCHES

Last Updated 21 July 2011, 13:10 IST

 “It is a good time for end users to buy a home as the market is again at the threshold of a boom. The cost of owning a home will only escalate in the coming six months to a year,” opined Bijay Agarwal, Chairman & Managing Director, Salarpuria Sattva Group. “Bangalore is growing by leaps and bounds. In a year’s time with better infrastructure and better connectivity, the prices are definitely likely to go northwards,” he predicted. Explaining the reason for the group launching projects in the luxury segment, he added, “There is a huge demand for luxury homes in Bangalore as people today are well-travelled and expect only the best. The discerning buyer today has international standards as the benchmark when it comes to expectations from a home. To cater to this demand, we at Salarpuria Sattva present these two ultra luxury offerings- Luxuria and Magnificia in the two most happening localities of Bangalore- Malleswaram and Old Madras Road.”  Both these projects promise to be a great addition to the Bangalore skyline.

Considering the fact the residential development in Malleswaram is limited, having a home in the center of this bustling location is a boon. With proximity to one of the largest malls in Bangalore, high profile schools and medical facilities and of course the upcoming Metro system, Malleswaram is all that a prime location is cut out to be.  With a total of 197 homes, you can choose from a range of super-luxury 3-bedroom apartments, villament flats and penthouses. These range between 2200 sq ft and 4500 sq ft.

The project is surrounded by a voluminous 82 per cent green space. Amenities include a water cascade, play area for children and toddlers, a place to chat up the neighbours and even space for a bit of night life within the confines of your own building.

Magnificia on Old Madras Road has been given a five-star rating by CRISIL Real Estate Star Ratings.

With a total of around 234 apartments, each apartment size ranges from 2,200 sft to 4,500 sft. Located just off Ulsoor Lake the price per apartment is Rs 5,300 per sft.

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(Published 21 July 2011, 13:10 IST)

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