Why Purva Coronation Square?
‘Luxurious lifestyle homes in the most loved residential hub of South Bangalore’ is how one can sum up the project Coronation Square by Puravankara Group. With over 4 decades of experience in delivering quality residential and commercial projects, the Puravankara Group has made an attempt to cater to the uber rich with this project. Set in 1.75 acres of land in JP Nagar 7th phase, just off the Puttenahalli road, this project is targeted at niche consumers, who are looking for ultra luxury villas and apartments in the already established suburb of Bangalore; as a native Bangalorean myself, I would say that this product is most likely to appeal to people who have experienced living in some of the oldest residential establishments of the city like Jayanagar, JP nagar, BTM layout, Malleshwaram and many others.
Project Overview: Prices & Unit Sizes
We approached one of the on-site relationship managers of Puravankara for the project details and learnt that the Purva Coronation Square apartments are in soft launch stage as of now; the masterplan consists of 8 villas and 40 boutique apartments for customers to choose from. The 3BHK and 4BHK apartments are coming up in a G+4 structure; the area of a 3BHK ranges from 2,000 sqft – 2750 sqft and for a 4BHK, 2,500sqft – 3,200sqft. A major attraction of this project is that it is now registered under RERA, with the registration no. for the project being PR/KN/170729/000235.
The price range for these units range from Rs.6,800/sqft – Rs.7,400/sqft. Puravankara is following an IPO like process whereby consumers can bid for Purva Coronation Square apartments in this price band and the final price will be decided based on the demand. One can witness a healthy activity at the project site with marketing office firmly established and construction of villa structures being carried out in full swing. The completion date for this project has been set at 30th September 2019.
Connectivity & Social Infrastructure
The area surrounding the project site is replete with basic infrastructure and amenities. A variety of health care facilities are located within a 2km radius of the project site like The Apollo Clinic, Ashraya Hospital, Vikram Orthopaedic Centre, JP Nagar Physiotherapy clinic, to name a few. The beauty of South Bangalore is that, to some extent, it retains the tradition of local general stores, famous eateries, old shopping complexes and single screen theatres as against the ‘mall’ culture, which seems to have a firm grip over the rest of the city. Therefore, one can opt for places like The Royal Supermarket (1.2 km), Spencer’s supermarket (1.0km) , B.R.K Complex(2.2 kms). Aditya Complex (1.3 km) for their shopping needs.
The upcoming Puttenahalli metro station is a mere 2.7km from the project site and will offer residents an excellent means of travel to the city center. Further, the Puttenahalli Road (0.3km) offers connectivity to the Outer Ring Road which in turn connects to the Bannerghatta Road and Kanakapura Road and will enable the residents to access various commercial hubs (eg. Electronic City), as well as residential areas(eg. Jayanagar) of the city. Reputed schools, pre-schools and daycare centres are aplenty in the vicinity of Coronation Square; MES School, Green Valley English School, Creative Kidz, Euro Kids International are a few schools which fall within a 3km radius of the project site.
The location is well suited for an overall development of a child, since it has various sports academies and training centres in close proximity; JP Nagar Cricket Academy, SAFI Academy of Tennis (1.4km), Appayya Basketball Academy, Top Spin Tennis Academy (next door) are a few of the abundant sports centres in this area. Apart from this, the project site is surrounded by many parks and lakes like the Puttenahalli lake and Sarakki Lake, which will add to the green quotient.
Inside the project site: Amenities & Specifications
After assessing the neighbourhood, it was time to look deeper into the project specifications and find out what it has to offer. The thought behind Purva Coronation Square is to eliminate a resident’s need to step out of its gates, to experience a complete living. Therefore, the following unique arrangements have been made
- The project has a clubhouse of its own with state of the art facilities such as a well equipped gymnasium, billiards room, table tennis room, multi purpose hall, swimming pool amongst others.
- A well lit landscaped garden and an outdoor children’s play area are also included in the plan to give the project a wholesome feel.
- The project is a low density one and therefore, the undivided land share (UDS) for buyers will be higher. We have found in our different discussions in the city that a higher UDS is definitely something Bangaloreans favour.
- Sports facilities and training academies for Tennis, Basketball, Martial arts, Skating and many more are within walking distance of this project and ones in love of this racquet sport can easily access these facilities from Coronation Square.
Puravankara is a name associated with all segments of residential developments across western and southern India, especially Bangalore. The limited stock that they have to offer at Purva Coronation Square might see a healthy demand from those select few who still prefer proximity to places they grew up in South-Central Bangalore.
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