Another addition to the list of upcoming developments at East Bangalore is Assetz East Point (Bangalore East). The low-density 7 Acre development is the lone high-rise development in the neighborhood where it is located, thus offering residents unobstructed views of East Bangalore. The best view, though, is the one from the top! The lavish penthouses and duplex 3BHK apartments at East Point are designed with this in mind.
Project Statistics at a glance
Project Area: 7 Acres
Towers: 10 (3 Blocks – A, B and C)
Special Features: Restricted vehicular access (peripheral roads), beautifully landscaped central court, spectacular views
Amenities: Club house & pool, party lawn, basketball practice court, tennis court, children’s play areas, zones for the elderly
Expected possession: Later half of 2016
The luxurious penthouses at East Point come with splendid views and a price tag of 2.6 Crore. The view from the top is certainly a beautiful one, as we saw for ourselves after climbing up 12 flights of stairs to survey the under-construction penthouses at the project site. The balconies of the penthouses overlook the quaint villas of the Adarsh Palm Retreat township, and offer a spectacular panoramic view of Bangalore city.
The penthouses at Assetz East Point are designed with luxurious aesthetics in mind. This is reflected in details such as the double-height foyer and the large open living spaces. The duplex penthouse unit (3400-3450 SFT) boasts of 4 bedrooms and bathrooms, a central living & dining area connected to the kitchen, two balconies, family spaces, and a large private terrace on the upper level. The two levels are connected via a central internal staircase.
“The Assetz Property Group is currently offering a special offer of superior quality fittings in bathrooms, wardrobes in all rooms and modular kitchen fittings for the 3450 SFT 4BHK Penthouses, in addition to an assured rental of up to 1.25 Lacs for 24 months.”
Bangalore’s emergence on the global arena as a software and now an entrepreneurship hub is kind of an unparalleled success story in the Indian context. What started as a BPO and offshoring business soon transformed into product, research and KPO one, resulting in influx of several firms such as Google, Amazon, Cisco, Intel, Facebook and this count continues to grow. Later Bangalore also became home to Flipkart and other large and small start-ups. Continuous flow of investments into this city has already attracted close to 10 million people calling it their home.Many expatriates also set up a base here for short and long periods. With the local economy, start-ups and software firms doing really well, there has been substantial take up of homes in the premium and luxury category. The 3 BHK Duplex and 4 Bedroom Penthouses at Assetz East Point are the sort of homes that might just appeal to those in these upper echelons of Bangalore’s social and economic strata.
Assetz East Point apartments enjoy a great connectivity to East Bangalore’s business hubs at Marathahalli, ORR and Sarjapur Road. Embassy Tech Village, Cessna Business Park, Prestige Tech Park and under development Prestige Trinity Center are all within 1-2 kilometer from the AssetzEast Point apartments. This stretch of ORR hosts firms such as Intel, Nokia, Cisco, JP Morgan and Wipro HQ (on Sarjapur Road) which aren’t the usual back office employers, thereby a good chunk of management here is well paid and seeks quality residences.
East Point unfolds over 7 acres of land, 3 towers and 10 apartment blocks. At just ~60 dwelling units to an acre East Point stands out as a low density apartment complex which offers some stunning views of East Bangalore. This 7 acre development is flanked on three sides by the tony address “Adarsh Palm Retreat Villas”. Thereby the East Point apartments enjoy a panoramic view which is unhindered by any tall construction in the vicinity. And this view is enjoyed best from the “Top” i.e. Penthouses and the expansive decks of the 3BHK Duplex apartments.
3BHK Duplex Apartment – These apartments come with a private terrace and measure 2,450 sq. ft and those without the terrace measure 2170 sq.ft. Upon entry into the apartment there is a double height foyer that lends privacy to others in the home. The kitchen (with utility) and living follow before one ventures into the dining which is of double height again. This aspect of the dining itself adds to the rich and premium feel of the apartment. The living comes with a sit out and dining leads to the private terrace (again with a double height). Upon climbing the stairs to the upper floor a bed room is found to the left and a straight walk leads to the master bed room which comes with a private sit out for occupants. There are 3 bathrooms in the home unit and the one which is common is on the lower level. At current prices a unit may cost Rs. 1.65 crore- Rs. 1.75 crore.
Penthouses – Penthouses at Assetz East Point are select few. All these are of 3,400 sq. ft. and occupy 11th and 12th floors of certain towers. A double heighted foyer adds to privacy and grandeur of this unit. As one navigates further into the unit, the living and dining are seamlessly integrated with the open kitchen and utility. There is a servant room with toilet in this unit at lower level, next to stairs. Master bedroom on the lower level is next to the dining and both these have a balcony attached to them. There is a second bed room on this floor itself. As one climbs up to the upper level he is greeted by the family lounge that opens up into the 2 bedrooms on this floor, one of them being another master bed room. There is a private terrace on this floor which looks over the majestic software city of Bangalore!
These lavish Penthouses cost Rs. 2.7 crore and developer is offering discounts of upto Rs. 35 lacs on last few units.
Located on the Doddakannelli-Kaadubeesanhalli road Assetz East Point is about 5.5 kilometer from Marathahalli bridge (onward journey to central business districts of Bangalore), 12 kilometer from Electronic City and about 13 kilometer from ITPB, Whitefield. Thanks to its location amongst thriving business hubs Assetz East Point is well in reach to hotels such as Novotel, Marriott and Park Plaza. Schools such as Gear Innovative International, New Horizon Gurkul, Carmelaram High and India International are within stone’s throw to 4 kilometer from here. To add to further privacy and ease of living at East Point, every floor here has just 4 apartments and these G+12 structures are served by 2 high speed lifts.
Assetz East Point is geared up for high quality living as it offers all premium amenities such as tennis court, half basket ball court, kids pool at ground level and central landscaping that is free of vehicular movement. The Club East is located between Tower C2 and C3 and occupies 2 floors. The gymnasium is located on the 10th floor. It thereby overlooks the central landscaping on the courtyard (1.6 acres) and East Bangalore. Apart from other indoor games there is a squash and badminton court for those who enjoy these racquet games. Further there is a horizon pool at the top level.
As the name suggests a majority of these apartments receive the early morning sunlight as the Sun ascends into the sky. Assetz East Point apartments are nearing delivery in third quarter of 2016 (Within 3 years of launch) and has certain units remaining to be sold. Assetz Property Group (Singapore) has been engaged in the business of real estate development since 2006. The Group is focused on several regions in Asia and India is one of their primary market. It is already developing 4,500 homes primarily in Bangalore. The developer has 6 projects including AssetzEast Point under development and has already delivered 27 Park Avenue in South East Bangalore.
The details displayed on the website are for informational purposes only. Information regarding real estate projects including property/project details, floor area, location data has been sourced from multiple sources on best effort. Nothing contained herein shall be deemed to constitute legal advice, solicitations, marketing, offer for sale, invitation to acquire by the developer/builder or any other entity. You are hereby advised to visit the relevant RERA website before taking any decision based on the contents displayed on the website.
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