Shapoorji Pallonji Real Estate (SPRE) is a well-recognised brand name in real estate and enjoys a notable presence in cities like Mumbai, Kolkata, Pune and Bengaluru. Cutting edge design innovation, construction quality and architectural excellence are the hallmarks of the SPRE brand. These qualities come to the fore in the company’s latest development in Bengaluru.

Parkwest is a luxurious flagship project by SPRE in Central Bengaluru’s Binnypet neighbourhood near Rajaji Nagar. One of the largest luxury residential projects in Bengaluru, Parkwest is spread across 46 acres of greenery in the heart of the city. The project is IGBC certified for adhering to green building norms. Prospective homebuyers can choose from plush 2 and 3 BHK residences, designed to strike the perfect balance between opulent living spaces and lush landscaped outdoors, starting at Rs. 1.14 crore.

Additionally, customers will get a host of knockout offers that include:

• Zero floor rise charges
• No pre-emi charges for 36 months or till possession date whichever is earlier
• No high down payment

Parkwest boasts of a 5200 sq. mt. clubhouse called Club Uno which is ready-to-use and offers best-in-class amenities such as the swimming pool, gymnasium, table tennis, guest rooms, restaurant and squash court. Other amenities include tennis court, basketball court, amphitheatre, aerobics zone, spa, salon, library and kids play area.

The luxury project is strategically located in central Bengaluru and is thus proximate to neighbourhoods like Chickpet, Lalbagh, Cunningham Road, Chamrajpet, Richmond, Majestic and Okalipuram among others as well as World Trade Centre (7.3 km), Global Village SEZ (10 km), and the numerous IT parks of Koramangala and Indiranagar.

Parkwest is a luxury gated community cocooned in lush greenery and offers thoughtfully planned residences located close to every aspect of city life in Bengaluru.

Parkwest, a flagship project in Bangalore by Shapoorji Pallonji, is a luxury residential gated community located in the heart of central Bengaluru at lively Binnypet. The imposing towers are difficult to miss for anyone traveling to Sirsi Circle as the project is right opposite the Chamrajpet Police Grounds. Spread over 46 acres of lush greenery in the heart of the city, Parkwest offers spacious 2 and 3 BHK residences spread across seven towers. Parkwest’s appeal lies not just in the thoughtfully planned apartments but also in the abundant open spaces that come with the project in the city centre. It is one of the last largest luxury residential communities in the center of the city. Around 30 acres (approx.) of landscape & lifestyle amenities that includes a 56,000 sq. ft. clubhouse with a swimming pool, and numerous other lifestyle amenities distinguish the upcoming address. The project has been awarded the Best Luxury Residential Project of the Year by Times Business Awards 2019.

Here is a look at what makes Parkwest stand out as an award-winning residential destination in Central Bengaluru.

Central Location

Parkwest is strategically located in between the west, central & south zone of Bengaluru providing its residents with the best of three worlds. This includes the heritage and old world charm of temples such as the Banashakari Temple, vibrant markets like Gandhi Bazaar and Chamarajpet bazaar in south Bengaluru, as well as central business district, administrative building & trade centres in central Bengaluru or west Bengaluru – industrial towns, World trade centre & well planned residential societies.

Parkwest’s central location in Binnypet is its most prominent feature. Binnypet is surrounded by elite neighbourhoods such as Chickpet, Lalbagh, Cunningham Road, Chamrajpet, Richmond, Majestic and Okalipuram among others. Binnypet itself is steeped in culture – it is one of the original growth areas of Bengaluru going back to the late 1800s. The locality gets its name from the erstwhile Binny Mills and cotton fields. Today, the defunct cotton fields and mill area of Binnypet has given way to urban development and swanky structures.

Parkwest enjoys easy access to World Trade Centre (7.3 km), Global Village SEZ (10 km), as well as the IT parks of Koramangala and Indiranagar which are home to well-known as well as new tech startups. Parkwest is located off Mysore Road, which is a major route, and is close to the satellite bus stand – Majestic. This is a major multi-modal hub which has a metro station (NK station), bus stand and railway station (KSR railway terminus) in one location providing easy and quick connectivity. The arterial roads of Bengaluru – NICE and Outer Ring Road (ORR) are 24 km from Binnypet and ensure excellent connectivity to various parts of the city.

Cultural Hub

A number of urban attractions such as pubs, upscale restaurants, five star hotels, eminent medical and educational institutions are located in central Bengaluru and hence close to Parkwest. Residents will be spoilt for choice by the unmatched selection of options to enjoy a truly urban social life. ETA Mall with Decathlon, Metro – Cash & Carry, and Cinepolis Cinemas are right next door to Parkwest. Gopalan Legacy Mall, Mantri Square Mall, Big Bazaar and Orion Mall are some of the other popular places for shopping and entertainment in and around Binnypet.

A number of high quality educational and medical institutions are also proximate to Binnypet. St. Joseph Boys School, Venkat International School, KLE Education Society, Brigade School, Sheshadripuram College, MES College, and Vivekananda PU College are among some of the better known ones. Some of the well-known medical institutes include Kanva Diagnostics, Suguna Hospital, Apollo Hospital, Padma Deviah Hospital and Columbia Asia Hospital.

Binnypet enjoys close proximity to the historical and ecological heart of Bengaluru. Tipu Sultan’s Palace and Bangalore Fort add a historical charm while Lalbagh, Cubbon Park, Freedom Park, Race Course, MN Krishna Rao Park and a host of other parks and gardens make up the green lungs of the city and envelope Binnypet in cleaner and fresher air.

An Unmatched Residential Project

The sprawling luxury residential gated community of Parkwest offers beautifully designed 2 and 3 BHK residences starting at Rs. 1.14 crore. Every residence comes with a wide sundeck which ensures abundant natural light and mesmerizing views. Parkwest is coming up on 46 acres with abundant greenery & lifestyle amenities. This includes a 7 acre bio-diversity park which is a rarity for a luxury residential community in central Bengaluru.

The lifestyle amenities offered at Parkwest are designed to ensure one is always engaged and lives their life to its fullest. Sports amenities include tennis and basketball courts, aerobics pod, jogging track, skating rink and reflexology pathway. Barbecue area, picnic lawn, and amphitheatre are some of the lifestyle amenities in addition to the dedicated sky amenities in each tower. There are dedicated areas for kids and senior citizens. A grand entry plaza ensures Parkwest is a resident’s pride and visitor’s envy.

Currently three towers – Olive, Emerald & Mulberry – with 703 units, are ready-to-occupy. The remaining 4 towers are under construction which in full swing. The 56,000 sq. ft. clubhouse Club Uno is also ready-to-use and offers best-in-class amenities such as the swimming pool, gymnasium, table tennis, guest rooms, restaurant and squash court. In addition to these amenities, the three ready towers also house sky amenities on the 13th and 16th floors such as banquet hall, gymnasium and table tennis among others.

Why Rent When You Can Own

Parkwest’s pricing starts at Rs. 1.14 crore for a luxury 2 BHK residence. Currently, the rental for an upscale 2 BHK apartment in Bengaluru is Rs. 45,000. For the same price of a rental apartment here is an opportunity to own a home at Parkwest with an EMI of Rs. 45,000. This is an offer unlike any other given the accompanying amenities, central location and unmatched connectivity. What is left to think about?

To Conclude…

Parkwest is a rare luxury residential community which is nestled in natural greenery making it a green cocoon in an urban concrete jungle. The thoughtfully planned residences at rental prices, strategically central location which makes every aspect of the city easily accessible, and the cultural history of Binnypet all contribute to making Parkwest by Shapoorji Pallonji ‘the’ residential destination.

Parkwest is a premium residential project in Bangalore by Shapoorji Pallonji, a leading and trustworthy real estate developer. The developer has offered the luxury of space at Parkwest along with a tranquil life that the city once enjoyed. Minutes away from MG Road, the project is located at Binnyfields Binnypet. Spread across a whopping 46.3 acres of land, studded with magnificent 11 towers and more than a thousand residential units, this residential development comes in two phases: Phase-1 (ready-to-move) & Phase-2. The Phase-2 along with its 4 towers was recently launched, of which Magnolia at Park West is the 3rd tower and will be up for possession by Dec’2022.

The RERA Regn.No. for the same is PR/KN/180112/002637

The residential units on offer at Magnolia Parkwest are available in 2, 3, 4 BHK apartments and penthouse options Their sizes and prices, are summarized in the table below:

This isn’t all, the developer has come up with an interesting payment plan with Magnolia Parkwest, and i.e. one has to pay just 1 % while booking an apartment at Magnolia and the remaining amount at a lower interest rate of 4.99 % for the rest 36 months only.

Although the project starts on the main road, the apartments itself are situated more than 1 km away from the main road followed by an expansive entrance promenade, avoiding the noisy traffic during the peak hours and enjoying the tranquility of trees and nature that surrounds the project. One can find serenity and tranquility altogether in the lap of premium luxury at Parkwest.

Connectivity

Parkwest is situated in Binny Pete off Mysore Road, near Sirsi Circle between the bustling areas of Chamarajpet and Rajajinagar.

Chamarajpet provides a well-established connectivity to other parts of the city through; road, rail, and public transportation. While BinnyPet is a rapidly growing residential locality and the biggest attraction of the area is its proximity to Binny Mills. This famous landmark has provided housing and employment to hundreds of workers in the textile industry in the past. Now that it is part of history, the locale still continuous to cherish the area with the name, “Binny Pet”. The locality continues to retain its historical charm of old Bangalore which is appealing and attractive.

Furthermore, the area is surrounded by well-developed localities such as Ashok Nagar, Banashankari, Basavanagudi, Jayanagar, Malleswaram, Rajaji Nagar, Richmond Town, Seshadripuram, Vasanth Nagar and Vijay Nagar. The industrial & business hubs such as Rajajinagar Industrial Area, Peenya Industrial Area, Avenue Road, Chikpet, Gandhi bazaar are all easily accessible as well.

Social Infrastructure

Buses are the most efficient mode of connectivity, with bus stations placed at every corner. Metro connectivity is also available in Chamarajpet, the Magadi Road Metro (3.8 kms) station lies in close proximity to the area. Also, it is 6km from MG Road, UB City and 4 kms from Bangalore Golf Club, Bangalore Turf Club, KSCA & KSLTA. Furthermore, many taxis operate from this area on a regular basis.

Metro Cash and Carry, Cinepolis and Decathlon are right beside the project in ETA Mall. The other highlights would be its proximity to Orion Mall, Mantri Mall, GT World Mall, Commercial Street & Gandhi Bazaar. Even luxury hotels such as Sheraton, Lalit Ashok, Windsor Manor, Taj Vivanta, Ritz Carlton, JW Marriott & ITC Gardenia are all located close by. There is no dearth of places to hang out. Bangalore Club, Bowling Club, Century Club, Sanctum, Social, Skyye, High Ultra Lounge, Biere Club are few of the nearby social hangout destinations.

The project is located just 5 kms from reputed educational institutions viz., BMS, PES, NPS, Baldwin, St. Josephs’ School & KLE School and 5 kms from multi-specialty hospitals viz., Columbia Asia Hospital, Jain Hospital, Fortis Hospital, Apollo Hospital, Suguna Hospital & Mallya Hospital.

Amenities that amplify social quotient

Magnolia will share the same amenities as is facilitated at Parkwest. To begin with, there is a well-equipped state-of-the-art 56,000 sq.ft. Clubhouse, which contains a swimming pool, gymnasium, games room and a multipurpose hall for any personal or community events. The complex will also have a landscaped garden as well as a kids’ play area for the tiny tots. 24×7 security, using CCTV, will be provided to residents within the complex. Power backup will be available in all common areas & lifts.

Conclusion

Parkwest already has many aspects, which appear to work in its favor. Located in a fast-growing area and located in close proximity to many necessities nearby, it also offers the luxury of space at an attractive price bracket, particularly in comparison to those in its neighborhood.

The recently launched tower Magnolia at Parkwest boasts of apartments, in varied size and price options to make one’s affluent living experience a remarkable one. For real estate investors too, there appear to be bright prospects of significant returns, considering the rich infrastructural development around the project. For a discerning home buyer, Parkwest is definitely an intriguing option to ponder upon.