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Sovereign Developers unveils new project

Last Updated 04 April 2010, 15:54 IST

  Located on the 80 ft Main Road in Horamavu, North Bangalore, this project offers 1600 compact residential units in 26, 16-storeyed towers in two phases. The first phase has been totally approved by the BBMP, the company claimed.

The company has two promoters Prakaash Kumar Singh and Deepakk Kumar. “We are able to offer these apartments at much below the prevailing market rates as, unlike most others, we will be executing the innovatively designed  project entirely by ourselves,” they said. They are now drawing up plans for building over 8000 similar affordable housing units in Bangalore, Bhopal, Delhi and Mumbai.

Four compact 2 BHK apartments on each of the 16 floors have been laid out in a manner that each unit has three sides open. Recreational facilities like a swimming pool, gym, tennis, badminton, basketball courts, library, children’s play areas are also being provided in Sovereign Unnathi. In addition to the basic price of Rs 14 lakh, additional costs include Rs 1 lakh for car parking and an approximate cost of Rs 2.3 lakhs for various permissions and registration.

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(Published 04 April 2010, 15:54 IST)

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