Project Overview

Type of HomeVillaments
LocationOverlooking Jakkur Lake, 1 km off Intl Airport Road (NH7)
25 mins from MG Road and Intl Airport 
Size of Total Project:2.6 acres
Type of Units4 BHK Lower Duplex (G + 1 floor) – 3679 sft + 218 to 1821 sft of Garden Area
4 BHK Upper Duplex (2 + 3 floor) – 3866 sft + 1000 to 1350 sft of Terrace Garden
No. of FloorsGround + 3 floors
Total No. of Units65
Expected Commencement & Completion DateFoundation work under progress. Completion expected by Mid 2017.
Sanctions StatusAll approvals received.
Budget RangeRs. 3.3 crore onwards
Expected Returns80 to 120% by completion (if funded through home loan) | 50% plus by completion (if self funded)
USPsExclusive luxury villaments overlooking lake in rare price range compared to premium brands with very high end specifications.
G&C VisionOne of the best options for end users as these features and specifications are only found in high end projects that are twice as expensive. Hard to find boutique projects overlooking a large lake and that too in the hottest growth corridor of Bangalore, just 25 mins from Airport.

We are proud to bring a boutique project as a privileged offer to G&C patrons in the hottest new growth corridor – North Bangalore. This project, being a boutique offering, has the advantage of matching any major brand in terms of specifications and features while being much more cost friendly than bigger brands.

USP

This is by far one of the best offerings we have had for North Bangalore especially for end users who would like to find a quality space overlooking one of the cleanest lakes of Bangalore. It is envisioned to be an exclusive and quiet gated community of just 65 professionals / HNIs with excellent connectivity to the Intl Airport (25 mins), Outer Ring Road (Manyata Tech Park, etc) and the city center (30 mins).

LOCATION ADVANTAGE:

North Bangalore & the International Airport Zone are today, among the hottest growth corridors in the country with immense potential for infrastructure development, employment creation, aeronautical and bio-pharma facilities and most importantly property appreciation. While the market drivers of the region are widely known, below are the major drivers –

AIRPORT DEVELOPMENT CORRIDOR : The Karnataka government has already made this area its biggest project in terms of developing Aero, Defence, Pharma & IT SEZs with numerous companies investing into manufacturing and facilities including a 984 acre Aero Park. KSIIDC will develop 309 acres with an International Convention Center next to the Intl Airport serving major conventions and exhbitions.

12,000 ACRE IT INVESTMENT REGION : The Government has designated 40 sq kms as an IT investment region in the area which will concentrate purely on IT manufacturing services and ITES industries. With many leading companies like WIPRO, TCS, etc having taken up space it will have close to 1 million IT professionals working there.

6 LANE HIGHWAY & HIGH SPEED RAIL : The connectivity offered by North Bangalore is unparalleled. With a 4 lane national highway with another 6 lanes on the elevated road and a high speed rail till the airport and beyond, one can reach any part of Bangalore within 1 hour through the Metro Rail network.

INVESTMENT OF INR 1,15,000 CRORES : A combined investment of Rs.1,15,000 crores by public and private sector companies from all over India and the world will make this a first of its kind greenfield development with world class infrastructure and highest standard of living aided by plenty of green open spaces.

Living Room Deck overlooking Jakkur Lake

Major Highlights & Features

 

Overlooking 182 Acre Jakkur Lake

The property being located on the edge of one of Bangalore’s cleanest lakes has the unique advantage of being surrounded by tranquility – 182 acres of lake, 60 acres of forest area and a 45 acre golf course. With unparalleled views of the lake,

Massive 25,000 sft Club House

A massive club house at the center of the project will satisfy all your desires for relaxed luxury. A 3 story structure with views of the lake will house the below high end amenities and facilities.

  1. 3 Furnished guest suites
  2. Heated, covered swimming pool with Jacuzzi
  3. Open to air Lounge Bar with landscaping
  4. Party hall with deck and garden
  5. Steam, sauna and massage room
  6. Open to sky wooden elevated sit out deck facing Jakkur Lake
  7. Creche & Convenience store for day to day grocery
  8. Business Centre with Meeting Rooms – WiFi, printer and utilities
  9. Mini theatre
  10. Library
  11. Laundromat
  12. Provision for live kitchen & barbecue

Sports

  1. Rooftop tennis court overlooking Jakkur Lake
  2. Golf putting green
  3. Indoor badminton court
  4. Squash court
  5. Table tennis
  6. Basketball court
  7. Gym
  8. Pool / Billiards
  9. Carrom
  10. Chess table
  11. Children play area with sandpit, swings and sliders

The Villament Lifestyle

The villament concept has caught on very strongly in Bangalore for very good reason. It is the perfect blend of privacy, exclusivity, ease of maintenance and cost. Each ground floor villament has 1000 to 1800 sft of garden area exclusive to it and each upper villament has 1000 to 1350 sft of terrace garden exclusive to it.

Highest Specifications Possible

The builder has gone all out to provide the best lifestyle possible in this bracket by going with the best fittings and specifications in the industry that even compare to ultra luxury villa projects by big brands.

This includes italian marble flooring, floor to ceiling folding windows, double height living room, landscaped terrace / garden and master bedroom toilet, Please see the annexure at the end of this article to view the list of specifications.

Concierge Service with 2 Luxury Cars

A probable first of its kind in Bangalore, the builder will position 2 high end Audi / Mercedes / BMW or high end SUV cars with the in house concierge service. These will be at the disposal of the residents association and can be used on a cost plus basis by any resident.

Fully Automated Homes with Central DTH and WiFi

A default feature of all homes will be the home automation and security which includes camera surveillance in each home available to the owner of the home to ensure complete safety. This also includes automation of the appliances at home including geysers, etc to enable control of the same from anywhere.

A central DTH (Satellite TV) service with multiple providers (Tata Sky, Airtel TV, etc) and WiFi Broadband service will be available to all residents in the homes and common areas of the project as part of a central facility allowing for easier maintenance and higher security by avoiding any in home repairs / maintenance runs.

Fully Fitted Out German Kitchen with Appliances

Each villament comes with a fully fitted out German kitchen (Haecker / Nolte) including a refrigerator, dishwasher, coffee maker as part of the lifestyle. Of course, you have the option to opt out of the entire setup which will save you some part of the cost.

Pricing, Returns Matrix and Payment Schedule

G&C is proud to offer an introductory pricing of Rs.6500/sft as the basic cost (and the same is atleast 40 to 50% lesser against any other project with comparable specifications but without the same location advantage of overlooking Jakkur Lake).

Lake facing villaments will have a premium of Rs.1000/sft and club house facing will have a premium of Rs.500/sft. Garden and Terrace areas will be calculated at 1/3rd cost as per actual area in each villament. 3 car parks with 1 charging point will cost Rs.10 lakhs. Club house & maintenance deposit, statutory deposits will be mentioned in the cost sheet. Please check with our team member for the same.

Expected Returns

Considering the immense value add and relatively low introductory price for limited units, we expect an appreciation of

Through Home Loan: 100% to 120% over 2 to 3 years.

Through Self Funding: 60% to 80% over 2 to 3 years.

Payment Schedule

  1. Agreement – 20%
  2. Excavation – 10%
  3. Foundation – 10%
  4. Basement Slab – 10%
  5. Ground Floor Slab – 10%
  6. First Floor Slab – 10%
  7. Second Floor Slab – 10%
  8. Third Floor Slab – 10%
  9. External Painting – 10%
  10. Possession – 5%

FOR SITE VISITS & BOOKINGS, PLEASE CONTACT :

Sujeeth Joseph
Senior Manager – Business Development
M : +91 9686669173
E : sujeeth@gcglobal.in

Sridhar Kumar
Deputy Manager – Business Development
M : +91 9686627071
E : sridhar.kumar@gcglobal.in

Project Co-ordinator & In-charge
Divyendhu Roy Chowdary
M: +91 9980319639
E: adrc@gcglobal.in

Annexures

You can view more information about this project in the tabs shown below :