Why Jain Heights East Parade?
Being an old resident of Bangalore, East Parade by Jain Heights had always caught my fancies as it promised the old-world charm of the Garden City. So, last Saturday, I finally decided to visit the project. And not just once, I visited the project twice.
At the outset, the project looks elegant with great architecture. The tagline “Old World Charm, New Age Living” holds quite true to the construction. Grabbing my helmet quickly, I began inspecting the project. About 90 per cent of the work is completed, with the finishing work going at a fast pace.
The moment I entered, I was impressed to see a perfect blend of colonial gentility with modern amenities. Located off CV Raman Nagar, East Parade offers 2, 3 and 4 BHKs. The lap pool with a deck in penthouses really adds to the project’s ‘luxury’ appeal. The floor plan is good with a spacious kitchen.
Location & Connectivity
The best part of the project is its location. Indiranagar and Marathahalli are just 6km away that ensures connectivity to MG Road, Ulsoor, Majestic, on one side and to the Outer Ring Road on the other. Thus, the IT hubs of the city are also easily accessible from here.
My first visit was around late evening. The area was quite busy with several supermarkets like Nilgiris, Star Bazaar, Fair Choice, and More in the vicinity. There were several local eating joints and bakeries to satiate my hunger pangs. From banks to supermarkets to clinics, the area was quite self-sufficient. While returning home, I realised that Bagmane Tech Park and RMZ Infinity are also easily accessible from here.
However, one thing that ticked me off was the traffic congestion at the main road. But I feel these days it is quite usual in Bangalore.
I made my second visit to the East Parade project on Wednesday morning to see the traffic situation. Trust me, it was not at all bad. I saw several popular school buses waiting near Adarsh Vista, a premium villa project.
Considering the location of the project, accessibility to all the important parts of the city is great. There is an auto stand at about 100 meters, while Vignana Nagar Bus Stand is at a distance of a mere 650 meters. I also saw several Ola and Uber cabs in the area.
Construction Status & Possession Date
East Parade is 90 per cent completed and the developer is set to hand over the complete possession by July 2017. In fact, three families have just moved in last month. While the major construction work is over, finishing work is in progress. Outside the main compound wall, the trees have been planted and the temple inside is already functional. The work on clubhouse and swimming pool in underway.
At present, the price per sq.ft. stands at Rs 6,575 per sq.ft. In September 2013, the project was launched at Rs 4,950 per sq.ft, clearly indicating an appreciation of about 32 per cent in the last three and half years.
So, definitely the project is not for the pocket-friendly segment. So far, the profile of the buyers include software professionals, scientists from ISRO and officials from DRDO, and also few doctors from Manipal Hospital. So, you can be assured of your neighbours.
Unit Sizes & Amenities
The are standard 2 BHKs, 2 BHK+ study and 3 BHKs. On the premium front, there are 4 BHKs and on the ultra-premium front, there are 4 BHKs pent houses duplex with lap pool. I visited the model 4 BHK pent house with lap pool, trust me when I say buy it if your pocket allows. The quality of the paint, the finishing on the doors and windows, the lap pool – there is everything you would aspire for in a premium property.
I interacted with the Marketing manager of the project and learnt that only 34 units are available.
Location-wise the East Parade project is bang-on. For the location and amenities, I would give 5/5. Since there are just 380 units and the project is spread over 7 acres, there is lot of open space.Price is bit on the higher side but I guess luxury is expensive. Traffic could be a major problem once all the units are occupied.Well, if you have the time and money, visiting this project makes all the sense.