Today’s real estate market is ruled by competition. Real estate developers are constantly exploring new means to ‘stand out’ in the property business, primarily to secure a reputation and build long lasting relationships with their customers. The Puravankara Group has attempted a creative twist in their latest Bangalore-based project Purva Palm Beach, which is located just off Hennur Main Road.
The entire project is being built around the theme of a Tropical Beach Resort. It comes equipped with a central lagoon and an exclusive set of amenities which will appeal to beach lovers. The construction contract has been given to JMC Projects, who have over 3 decades of experience in engineering and construction projects. What’s more, this project has been registered under RERA, with its registration number as PR000091.
Updates as of November ’17 –
Purva Palm Beach, a project built on a Tropical Beach Resort theme is well on its way to the completion phase. The project’s possession handover will be by March 2019.The current sizes and prices for units offered in the project include:
|Apartment Configuration||Area (in sq. ft.)||Price (in Rs. Lakhs)|
|2 BHK||1232 – 1341||94.32 – 122|
|3 BHK||1482 – 1791||115 – 161|
Purva Palm Beach: Location
The project site is conveniently located just 1km off the Hennur-Baglur Main Road, which is a preferred alternate route to the Kempegowda International Airport.The most popular landmark here would be the BiOZEEN Park. The nearest mall is Elements Mall on the Thanisandra Main Road which is around 3kms away. A wide road has been constructed and maintained by the Puravankara Group, which connects the project site to the Horamavu-Agara Road. Furthermore, there are open fields, farm houses, and dense tree growth all round the project site which makes living here all the more appealing.
The Hennur-Baglur Main Road is well equipped with hospitals, schools, and other educational institutions. Various commercial centres and IT parks like the Manyata Tech Park are merely 4 km away from the Purva Palm Beach project site. In addition to this, the proposed Metro Phase 2A includes a station at Nagavara which is just 3 km from the project location. This will ensure hassle-free connectivity for the residents.
Purva Palm Beach: Prices & Specifications
Purva Palm Beach is spread over a sprawling 19.35 acres of land, and is coming up in three phases. Phase I consists of 9 blocks which all have a G+19 structure. The 9 towers consist of 702 units of both 2 BHK and 3 BHK apartments. These apartments are being offered at a base price of Rs. 5,310 per sqft. The floor rise charges(Rs. 20 per sqft per floor), PLCs, Club House charges and taxes will be separate. The 2 BHK homes will have an area range of 1,232–1,346 sqft and 3 BHK 1,482–1,846 sqft. Accordingly, a 2 BHK here would cost around Rs. 84.3 lakh onwards and a 3 BHK around Rs. 1.12 Cr.
These home units are available in ultra premium, super premium, premium, and classic varieties depending on the type of views. For example, an ultra premium home will have a lagoon facing view, super premium will have a semi lagoon view, amenities facing homes will fall under the premium category and garden facing ones under classic. Every floor will have 4 apartments and every block will have 2 lifts.
Meanwhile Purva Waves, Phase II of the project, is coming up in 6 towers with 472 homes in all. In Phase I, around 620 out of the 702 units, have already been sold. While for Phase II, 50% of of the units have been booked. Phase III launch/pre-launch has not been planned as of yet. However, Phase I and Phase II homes will be ready for handover by 31st March 2019.
Purva Palm Beach: Payment options
Purva Palm Beach apartments are available through attractive finance schemes: 10-80-10 method, or the construction linked plan. For the former, Puravankara Group has tie-ups with ICICI and HDFC bank to carry out the sale. One can opt for nationalised banks as well. If one were to choose the construction linked plan, the developer offers a few percentage points of discounts in prices.
Purva Palm Beach: Amenities & Other Highlights
To begin with, the theme of Purva Palm Beach was what drew us to the project. It was absolutely enticing to see elaborate plans for materialising a full-fledged beach resort amidst the concrete jungle in Bangalore. A massive lagoon is planned to adorn the central area of the property, along with a wave pool, a snorkelling zone, a sunken bar, koi pond, barbeque deck, a beach volley ball court, and many such beach side attractions. This will make living here feel like a stay at a luxury resort.
Secondly, homes in Purva Palm Beach will have smart home automation systems. And finally, two club houses have been planned for the entire township. These will house a state of the art gymnasium, indoor sports court, community hall, aerobics centre and other facilities.
The Puravankara Group has a similar themed project, Purva Silversands in Pune, which is again making headlines in Pune’s property market. With yet another refreshing theme in their kitty, Puravankara Group with Purva Palm Beach is all set to lure consumers with a penchant for lavish, resort like lifestyle. Add to it the pristine locations and quality access road, one might find this project to be a good option, away from humdrum of the city.