For Sale Call for Price - Apartment, Residential
The greener side of life
They say, the grass is always greener on the other side. Godrej E-City is the other side where life is evergreen. A life bestowed with better things – be it greener design, smarter landscaping, better connectivity or a brighter lifestyle. It is a life many long for but only a privileged few actually experience. Now is the opportunity to step out and be on the greener side of life. Welcome to Godrej E-City.
Godrej E-City – Project Configuration
- Land Area : 15 Acres
- No of Floors : G+4
- No of Units : 840 ( Developed in 3 phases)
- Open Space : 70%
Unit Types: 1BHK , 2BHK , 2.5BHK , 3BHK
- Area : 638 to 1575 Sq Ft
Godrej E-City – Project Location
- Electronic City Phase 1
Near By Schools & Colleges:
- Achievers Academy
- Christ Academy
- Delhi Public School
- Treamis World School
- Xavier Institute of Management & Entrepreneurship
- IFIM Business School
- PES Engineering School
- Ebenezer International School
- VIBGYOR High
- D -Mart
- Upcoming Neo Mall
- Metro Cash & Carry
- Narayana Hrudayalaya
- Sparsh Hospital
- Ramakrishna Heathcare
- Vimalaya Hospital
- Springleaf Healthcare
Godrej E-City – Area Developments
HOUSING OPTIONS GROW AROUND IT BELT
Residential catchments are emerging all along this IT belt thanks to the connectivity
The initial realty boom started in this region of the city, due to the IT industry’s presence in Electronic City. When residential areas such as Jayanagar, Banashankari and J P Nagar could no longer cope with the demand for quality housing, the areas around Bommanahalli and Bannerghatta Road opened up for development of residential property.
The widening of the Hosur Road further broadened the realty prospects in this region. When the growth became unmanageable, the existing road was further upgraded with an elevated stretch by the National Highways Authority of India. This seamless corridor along with other infrastructural projects such as the NICE corridor and Outer Ring Road has facilitated the development in the region and creation of micro-markets along its length and breadth.
“The city may be growing at 4.70 percent annually, but the same does not hold true for its infrastructure despite the Government working on several initiatives. Hosur Road is one such corridor of growth that was developed to avail access to key economic zones such as Electronic City, Jigni and Bommasandra Industrial Area. This road connects Bangalore to the Tamil Nadu border town of Hosur in the Krishnagiri District. But as Bangalore grew laterally, the authorities in 2010 widened the initial section of this corridor, inserting an underpass at the Koramangala-Madiwala junction and further supported it with a 10 km long signal-free elevated flyover to Electronic City. Today, this four to eight-lane highway with organised service lanes has not just improved connectivity and travel time, but has also boosted the realty business in this region,” says Shrinivas Rao, CEO – Asia Pacific, Vestian Global.
The micro-markets that have emerged in this region include Bommanahalli, and extend up to Kanakapura Road on the southwest and Sarjapur Road on the south-east. “Infrastructure initiatives like the widening of Hosur Road and construction of an elevated corridor to Electronic City has led to increased residential traction in areas lying in and around Hosur Road (Bommanahalli, Begur Road, Singasandara etc) and Electronic City. Electronic City being the hub of IT-ITeS companies houses several large corporate offices. Before the construction of the elevated corridor to Electronic City, negotiating the stretch between Silk Board Junction and Electronic City was a daunting task owing to significant working population plying between city suburbs to peripheral area of Electronic City on a daily basis. Post completion of elevated corridor, the travelling time over the 10 km stretch has reduced from the earlier 50-60 minutes to just 20-25 minutes even in peak hours. The corridor has helped in reducing traffic congestion on Hosur Road,” says Naveen Nandwani, Director – South India, Cushman and Wakefield.
Currently, this area is projected to grow at around five percent annually. In the medium term, attractiveness of this micro-market can improve with execution of planned Metro Rail Phase II and growth of economic activity in Electronics City Phase III. Additionally, the construction of the proposed Peripheral Ring Road will divert traffic from the border town of Attibele in Anekal Taluk.
Infrastructure gives realty a push
The development of the Harohalli industrial belt between Kanakapura Road and Hosur Road is also an added advantage for this region. “The infrastructure initiatives have provided impetus to the residential market growth in peripheral areas of Hosur Road and Electronic City in a large way. Earlier most of the population working in Electronic City used to reside in suburban areas like Koramangala, HSR Layout and BTM Layout to name a few. Post the completion of the flyover on the stretch, many ITITeS sector employees are now comfortable in residing closer to their workplaces in Electronic City and in the peripheral areas of Hosur Road. Areas in and around Electronic City and along the Hosur Road stretch are primarily characterised by affordable and mid-segment housing projects. Two and three BHKs are the most commonly available configuration with unit sizes ranging between 950-1,250 and 1,375-1,550 sqft respectively. The peripheral areas of Hosur Road and Electronic City have witnessed the launch of 5,000 units accounting for 14 percent of the total units launched in the first three quarters of 2013”, says Naveen.
“The Karnataka government is busy drafting Bangalore’s Comprehensive Development Plan for 2030, the authorities are also mapping the need for skywalks and subways to benefit the pedestrians in this key corridor of the city,” adds Shrinivas.
“The region witnessed high residential activity post 2006 with a growing housing requirement for the working IT/ITeS population at Electronic City. This induced realty growth in the surrounding micromarkets such as Begur, Singasandra, Kudlu and Bommanahalli, and developers launched budget housing options primarily around the Chandapura-Anekal stretch. Further, the connectivity to Tumkur Road, Bannerghatta Road and Kanakapura Road through the intermediate NICE Ring Road has impacted the growth of this region positively. The size of the developments in this area typically ranges between 250-1,000 units while a few locations support midsegment and luxury projects. The annual price appreciation ranges between 8-12 percent although the social infrastructure is still to mature”, adds Shrinivas.
Godrej E-City – Amenities
- Swimming Pool
- Jogging track
- State-of-the-art Gymnasium
- Health club
- Multi-purpose Badminton cum Party Hall
- Children’s play area
- Table Tennis and Snooker
- Squash Court
- Landscaped Gardens
- Conference Hall
- Convenience Store
- Reading room
Godrej E-City – Price
Godrej E-City – Project USPs
- Low density project with low rise plan
- Good Location for self use & Investment
- Project with rich Amenities and Landscaped garden
About the Builder
Godrej Properties brings the Godrej Group philosophy of innovation and excellence to the real estate industry.
The company is currently developing landmark projects in 12 cities across India.
Established in 1990, Godrej Properties Limited is the first real estate company to have ISO certification. With projects that span across the country, the company’s upcoming development covers over 8 million square meters.
To create landmark structures, Godrej Properties collaborates with outstanding associates and reputed names. The company aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.