Purva Westend: Your Life Will Never Be Short of Drama

Bangalore or the now Bengaluru, is one of the fastest developing metros of India. With the IT boom that hit the city, came in a confluence of cultures as a number of people relocated from various parts of the country only to make this beautiful city their home. Being a homely city catering to both young and the old, the real estate segment in Bangalore has always been an attractive proposition, encouraging more and more buyers to invest in the city.

With companies setting up their offices in several pockets of the city, development as far as real estate is considered got scattered all over the city.

There are various properties for sale available in various areas of Bangalore, consisting of both older redeveloped properties and newly constructed apartments with the best of amenities and infrastructure. You could be looking at property investment or ready to move in residential property in Bangalore, be rest assured the options to choose from are aplenty and hence it requires careful analysis and thinking to make sure you make the right investment decision.

Here are some important factors you should take into account before making a purchase decision of properties in Bangalore:

What kind of Property are you looking at?

When it comes to home buyers there are various factors that influence investors, to put their money into a specific property. People buy property for various reasons such as investment purpose or for upgrading lifestyle and the location or property you decide to invest in should suit your requirements of buying a house. There are many properties for sale that are available for cheap around the outskirts of Bangalore city, however these may suit those who are looking at investing for a long-term perspective. For those looking at residential properties, North or South Bangalore have a number of residential properties that provide for luxurious and stylish living in the heart of the city.

The builder developing the project

There are several builders who have their on going developing projects in the city of Bangalore. Before deciding upon the builder you’d like to invest in it is important to do a background check of the builder and take a look at the various projects that have been completed by the builder to get an idea of the kind of work the builders are doing. Reputed builders like Indya Estates are known for their futuristic projects in various parts of Bangalore. Thoughtful designs and well-planned projects by these builders are backed by functionality and practicality, becoming the obvious choice for investors and those intending to move in.

Budget

The budget you have in mind or can stretch up to is yet another important factor that lets you decide upon the property you want to buy. Getting the maximum value for the money invested should be one objective when investing in the property, and getting maximized future returns should be yet another consideration when investing in the property of your dreams.

How Increasing Demands of Millennials are Shaping Real Estate Market

1.  Growing Purchasing Power

The booming millennial workforce in the garden city has enabled Bangalore’s real estate to grow significantly. Bangalore has always been one of the active residential market and now is also known for having sustained demand for commercial space. According to a NASSCOM report, 2018, Bangalore is one of the fastest growing technology start-up hubs in India with nearly 7,700 registered start-up firms. Of this, approximately 1,200 new start-ups were registered in 2018 alone.

2. Various Govt. Reforms

The introduction of reforms like RERA & GST has made the sector go through significant improvements. As a business hub, the city caters to the technology and other services requirements of companies globally; no wonder then, that Bengaluru attracts a huge ratio of India’s highly-skilled workforce.

3.  Rapid Real Estate Growth in Bangalore

The year 2018 re-established Bangalore’s position in the commercial space. According to a JLL report, the city accounted for the highest absorption of office space at 7.9 million sq. ft. in the first nine months of the year. Bangalore also fared decent in the residential segment. According to a recently conducted research, about 870 projects were launched in 2018. About 50% of this new supply was in the mid-segment (Rs 40-70 Lakh), followed by 24% in the affordable segment (Less than Rs 40 Lakh) and 26% supply in the luxury segment (Rs 70 Lakh and above).

4. Boost in Affordable Housing Segment

Affordable housing witnessed a growth of 22% in sales during 2018. In the recent Budget announcement, the government has extended the deduction of interest on home loan.

COMPANY PROFILE

Since its inception in 1975, Puravankara has believed that there is only one mantra for success: Quality. This credo combined with uncompromising values, customer-centricity, robust engineering and transparency in business operations, has placed it among the ‘most preferred’ real estate brands in both residential and commercial segments.

The Company has grown from strength to strength, having successfully completed 48 residential projects and 2 commercial projects spanning upto 23.54 million square feet (PPL’s economic interest –20.93 msft). Currently it has 24.87 million square feet / 17,895 units (PPL’s economic interest – 22.03 msft/ 16,188 units) of projects under development, with an additional 22.73 million square feet (PPL’s economic interest – 18.98msft) in projected development. An ISO 9001 certification by DNV in 1998 and a DA2+ rating by CRISIL are testaments to Puravankara’s reputation as a real estate developer of the highest quality and reliability standards.

The Group commenced operations in Mumbai and has established significant presence in the metropolitan cities of Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Dubai, Colombo and Saudi-Arabia.

Explanatory Video of Purva Westend:

Puravankara has the distinction of being the first developer to obtain FDI in the Indian real estate industry. It achieved so through its joint venture with Singapore based Keppel Land Limited, the property arm of the 54% government owned conglomerate, Keppel Corporation Limited. The joint venture company, Keppel Puravankara Developm ent Private Limited, has several ongoing housing projects in India. Puravankara prides itself on continual innovation to meet evolving market needs. Provident Housing Ltd., a wholly-owned subsidiary was launched in 2009, to cater burgeoning demand in the affordable housing segment. Nearly 12 million square feet of projects are under development at the present. The company plans to expand its presence with the continued unabated demand in the market.

The Puravankara Group Companies has the distinction of being awarded ‘Finaliste, International Prix d’ Excellence –1998’ for its project “Purva Park” in Bangalore. The award was adjudged under the group residential category by FIABCI in Paris, the International Federation of Real Estate. Puravankara has also bagged the Realty Plus Excellence Award – 2012 in the category ‘Popular Choice – Developer of the Year: Residential’. Ravi Puravankara, Chairman, has received the ‘Lifetime Achievement’ award. Jackbastian K. Nazareth, CEO, was deemed “Most Enterprising CEO” Puravankara has a workforce of over 900 skilled personnels, including 205 engineers and in-house architects who fuel the organization’s vision of delivering quality products to its consumers perpetually.

PURAVANKARA WESTEND OVERVIEW

All of us have a movie buff inside us, and for those who have it a bit on the dominant side, Puravankara Westend has to be your dream abode. The Puravankara Westend Kudlu gate is a 2 and 3 BHK residential project which is created for the connoisseurs of art, music, and cinema. The Puravankara Westend Bangalore is designed with inspiration from the high spirited artistic cultures like New York’s Broadway and London’s West End. Puravankara Westend is designed keeping in mind the world-class luxury in perfect amalgamation with arts. Amenities at the project include a multi- purpose cinema screen along with the amphitheater, pavement in the theme of piano, a graffiti wall as well as a swimming pool in the shape of a guitar headstock. The outdoor amenities at the project also include Basketball, Billiards, Gym, a Jamming Room, a children’s play area, and many more.

Not just the art and luxury, the property also has amazing connectivity as it located opposite to the upcoming metro station at Kudlu Gate. The available Puravankara Westend apartments for sale is just a 10 minutes drive from Electronic City Phase 1 and is 5 km from the NICE road junction. The location, the architecture and the facilities offered at the Puravankara Westend is one of its kind which makes it undeniably the best for everyone who wants to experience a luxury lifestyle. Currently, the F-Tower is a new launch at Purvankara Westend Bangalore with only limited 2 and 3 BHk units available for the ones looking for an amazing residence with world-class facilities.

Actual Video of Purva Westend:

Live in the world of art, music and cinema. Purva Westend is a pure delight for art, music and cinema enthusiasts. Inspired by vibrant artistic cultures such as London’s West End and New York’s Broadway, this property offers beautifully designed 2 & 3 BHK apartments complemented by world-class features! Unique lifestyle amenities like a multi-purpose cinema screen with amphitheatre, a graffiti wall, a piano themed pave way and a guitar headstock shaped swimming pool make it one of the most artistic residential projects in Bangalore.

Conveniently located on the ‘high growth corridor’ of Hosur Main Road, Purva Westend is located opposite to upcoming Metro Station at Kudlu Gate and is only a 10-minute drive from Electronic City Phase 1. The NICE Road junction is also just 5 kms away. The architecture design of these magnificent homes is nothing short of a magnum opus, where you can experience a luxurious lifestyle. Own a home at Purva Westend to live a life that’ll never be short of drama.

F-Tower is new launch at Purva Westend with only limited 2 & 3 BHK units. Part of Purva Westend project, this tower has access to all ready amenities in Purva Westend.

Prime Location

• Right on the’High Growth Corridor’ of Bangalore i.e. Hosur Main Road. Just 3 odd kilometers from Central Silk Board Junction at Kudlu Gate signal.
• Just 10 minutes drive to Electronic City Phase 1, Bangalore Primary IT Business Zone.
• Nestled between posh localities such as Koramangala, HSR Layout. lP Nagar, layanagar & Bannerghatta Road.
• Reputed St. John’s Hospital just a short drive away.
• Leading schools in the vicinity include Bethany School, Green Wood High International School, Cambridge Public School, Lawrence School, VIBGYOR etc.
• Reputed Christ College, lyothl ts:ivas College & NIFT (National Institute of Fashion Technology) just a short drive away.
• Shopping & leisure destinations nearby include Shopper Stop inKoramangala. Total Mall at Madiwala Junctiontr Forum Mall at Koramangala.
• Proposed Metro Phase II, will connect Hosur Road to Bommasandra. (It is believed albeit unconfirmed that a Metro Station may be built very dose to the property)
• Knight Frank, a leading International Property Consultant claims that ‘Kudlu Gate has emerged as a preferred residential micro market on Hosur Road’.
• All major car brand service centres in the vicinity.

Important Landmarks

• Right on the “High Growth Corridor” of Bangalore i.e. Hosur Main Road. Approximately 3 Kilometers from Central Silk Board Junction at Kudlu gate signal.
• Just 10 minutes drive to Electronic City Phase 1, Bangalore’s primary IT business zone.
• Nestled between posh localities such as Koramangala, HSR Layout, JP Nagar, Jayanagar and Bannerghatta road.
• Reputed St. John’s Hospital just a short drive away.
• Leading schools in the vicinity include Bethany School, Green Wood High International School, Cambridge Public School, Lawrence School, VIBGYOR etc.

Food and Business

• Punjabi Dhaba Family Restaurant @ 0.5 KM
• Samrudhi Restaurant @ 0.3 KM

Shopping

• More Mega Store @ 5.2 KM
• The Forum Mall @ 6.2 KM
• Metro Cash And Carry @ 5 KM

Hospitals

• Jayashree Multi Speciality Hospital @ 2.6 KM
• Kavya Hospital @ 2.3 KM
• St. John’s Hospital @ 6 KM

Schools and Institutions nearby

• Samsidh Mount Litera Zee School @ 2.8 KM
• VIBGYOR High School, Haralur @ 4.2 KM

Connectivity

• Nice Ring Road Toll Plaza @ 6.5 KM
• Kudlu Gate Bus Station @ 0.3 KM

Q- Why should we consider buying a property in Purva Westend?

• Right on the “High Growth Corridor” of Bangalore i.e. Hosur Main Road. Approximately 3 Kilometers from Central Silk Board Junction at Kudlu gate signal.
• Just 10 minutes drive to Electronic City Phase 1, Bangalore’s primary IT business zone
• Nestled between posh localities such as Koramangala, HSR Layout, JP Nagar, Jayanagar and Bannerghatta road
• Reputed St. John’s Hospital just a short drive away
• Leading schools in the vicinity include Bethany School, Green Wood High International School, Cambridge Public School, Lawrence School, VIBGYOR etc
• Towers are having Ground + 6 Floors.
• There are 6 towers in total.
• Total units available for sale are 55.
• Total land area is 8.25 Acres.

Q- As a man is said to have a right to his property, he may be equally said to have a property in Purva Westend which a property seeker should buy?

Current condition: – All of the mentioned below are under construction.

TYPE	SUPER AREA (in square feet)	All-in Values
2 Bed Apartment	1188 to 1324 Sq. Ft.	89 Lacs Onwards
3 Bed Apartment	1780 to 1930 Sq. Ft.	1.33 Cr. Onwards

Q- I always say if the house I live in is comfortable, and I have all the amenities I need, then what more can you ask for? Talking about the Amenities in Purva Westend: –

The following are the various amenities offered by project to its residents: –

• Pool table room/ Billiards
• Table tennis
• Gymnasium
• Yoga room
• Health club
• Steam and sauna
• Guitar headstock shaped swimming pool
• Science club
• Multipurpose hall
• Jamming room with musical instrument
• Lego room
• Ballet studio room
• Open air Amphitheatre with outdoor projection screen, projector and cabanas
• Outdoor children’s play area
• Outdoor tennis court
• Basketball post
• Cricket practicing net
• Jogging track
• Graffiti wall
• Barbeque lawn
• Meditation lawn
• Old folks’ corner
• Rooftop sky gazing observatory area
• Cinema reel style walk of fame
• Piano theme paving
• Shoe cleaning machines in ground floor entrance lobbies
• Provision for mini mart

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