Luxury living need not exist within the most posh areas of a city. Good lifestyle can also be enjoyed a little far from the hustle bustle of the city life and this is what Shriram Summitt symbolizes. The new real estate project by Shriram Properties behind Electronic City and near Neotown can soon be one of the hot options for buyers in South Bangalore. Let’s take a sneak peek into what Shriram Summit has to offer to us.
Location & Connectivity
Neotown, as a place, looks a little remote as it lacks connectivity through BMTC buses and even cab drivers often show unwillingness to ply to this area, because they don’t get passengers from Neotown. I had to rely on my personal vehicle to reach the project location. There is only a single road from Electronic City that leads to this place. However, if you have a personal vehicle, then time is not an issue. It takes just 10 minutes to reach the project location.
Though the place looks remote, yet it won’t remain the same in the not-so-far-away future. Real estate projects by Aratt and GM Infinite are coming up rapidly. The location holds promise of quick development, given the interest real estate buyers and investors are showing for this area.
Real estate projects close to Shriram Summitt
A visit to Shriram Summitt will also offer you glance of other real estate projects in the vicinity. Aratt Requizza, Aratt Firenza, GM E-city Town and GM Infinite Global Techies Town are very close to this project. Metropolis Pristine is an established residential project extremely close to Shriram Summitt.
IT hub right next door
How does it feel to have more than 300 big and small companies right in your neighbourhood? If you want to experience that feeling, then Shriram Summitt is the place for you. Wipro, Siemens, HP, HCL, Tech Mahindra and Schneider have their offices just 10 kilometers away from the project location. Bosch and CGI are also in the vicinity. Infosys Limited has its global headquarters in Electronic City, which is the IT outsourcing capital of the world.
If you have a child who is currently studying or is aspiring for higher studies, then you won’t be disappointed by Neotwon or Shriram Summitt. You will be, rather, delighted to know that International Institute of Information Technology is very close to the project location. MBA aspirants can look for studying at Symbiosis Institute of Business Management, which is in Electronic City. IFIM and PESIT are also quite close to Shriram Summitt.
A project location must have proximity to medical care facilities and this is where Shriram Summitt scores indeed high scores. Narayana Hrudalaya is just 5.5 kilometers away and St. Johns Hospital is just 16 kilometers away.
And here we go inside the premises of Shriram Summitt. The project sprawls over 15 acres of land, far from the noise and din of the city life. There are 17 blocks with G+13 floors each.
Let’s look at the amenities being promised. For all fun lovers, a club house will serve with entertainment. You can spend time networking, making new friends and enjoying. There will be a facility for steam and sauna for those who would like to unwind after a tiring day. Fitness freaks can work out in the well-maintained gym.
Sports lovers will like to try basketball or jogging on the paths. While skating rink will keep your kids entertained, you can try a hand at billiards. Table tennis lovers won’t be disappointed too. However, in case you just want to laze around and spend some quality time with your loved ones, you can try the Maze Garden. Meditation room and a library welcome those who love to indulge in tranquillity. A water cascade, crèche and swimming pool are also planned for the residents.
The project area is 15 acres. Fine living demands wonderful floor plans. Let me take you into some floor plans in 1BHK, 2BHK and 3BHK flats.
Prices & Apartment Size Configurations
The average price per sq. ft is INR 4,250/- . One can hope to get the flats at the following tentative rates.
1BHK (755 to 770 sq.ft.)
- 91 to 40.60 lacs
2BHK (1135lacs to 1215 sq.ft.)
- 94lacs to 63.88 lacs
2.5BHK (2BHK with additional study) (1340 to 1450 sq.ft.)
3BHK (1390 to 1450 sq.ft.)
- 25lacs to 82.27lacs
I was pleased to learn about the specifications of the project. The buildings are made out of RCC framed structure. Vitrified flooring in living room, dining room, kitchen, balcony, bedrooms and foyer will add elegance to your home. You will also find laminated wooden flooring in your master bedroom. Combinations of Floretine and Lyric from Jaguar will adorn the fittings in your washrooms. Open kitchen will have granite platform and double bowl sink in all flats, except in 1 BHK flats. Teakwood frame with BST shutters have been used for doors. To enhance your security, video door phones will be installed in all flats. Internal and external painting includes a combination of emulsion and texture.
Project delivery date
The project is expected to be delivered by 2017 and the possessions will begin soon in 2017 itself.
The best part about the project location is its proximity to the IT hub of India. Having an IT park right in the vicinity is a blessing for the working professionals. This turns out to be a double advantage when one finds that there is absolutely no traffic rush on Neotwon Road even during the peak hours when the other roads of Bangalore cease to provide smooth movement of vehicles.
The serenity that surrounds this location is also quite absorbing. Out of all the hectic city life, one can find a lot of peace in Neotown. Looking at the developments that are happening in the surrounding areas, one can be hopeful of witnessing price appreciation in the times to come. And yes, that’s one of the reasons to be quick in buying property here.
Overall, Shriram Summitt is one of the best options for buyers in Electronic City. The lack of connectivity to this area will certainly get addressed soon. Looking at the optimism that real estate developers are showing for Neotown, one can be assured of seeing rapid development in the place, which can rival any other posh area in Bangalore very soon.