Bangalore-based realty developers - Puravankara Projects and Brigade Group, on Thursday announced new projects at the premium-end of the housing segment.
While Puravankara announced ‘Purva Skywood’ will be spread over nearly 13 acres on Haralur Road in HSR Layout containing 730 luxury apartments, Brigade Group said it will be launching Bangalore’s tallest residential building with hig-end luxury residential project on Old Madras road.
Puravankara is pricing its project at Rs 3,000 per square feet as a launch offer, while Brigade is pricing its project at Rs 4,000 per square feet during the launch.
Puravankara is offering apartments starting from 1,263 sq ft to 2,340 sq ft and a combination of 2, 3 and 4 bedroom apartments. According to the company this project is located with access to Electronic City, Outer Ring Road and Whitefield, and it will cater to the home needs of people who are working in these belts and also in areas like Koramangala and Bannerghatta Road. The company has planned a roll-out of nearly 18 million square feet this fiscal. Of this 6 million square feet will be with Provident Housing, a value-housing project of Puravankara.
Brigade Group while announcing its projects said the Bangalore’s tallest residential building will have 1.5 million square feet of area spread over 10.5 acres of land. It will have a product mix of 3 and 4 BHK and pent houses.
The company also announced a villa project at Devanahalli spread over 120 acres township and the villa will be priced at Rs 4,500 per square feet.
