For Sale Rs4,600,000 - Apartment, Penthouse, Residential
Hara Vijaya Heights
Hara Vijaya Heights is a masterpiece by Vijaya Enterprises in Joint Venture with the land owners Hara Vijaya Enterprises.
Hara Vijaya Heights is a multi-storied apartment project in South Bangalore, located off. KANAKAPURA ROAD, adj. BANASHANKARI 6th STAGE BDA Layout. The project is nestled in a serene spot comfortably close to Bangalore’s central spots.
This Residential community has very good intercity travel convenience through NICE road & upcoming Metro Phase 1 & 2 connectivity.
Hara Vijaya Heights – Project Configuration
- Land Area – 3 Acres & 20 Guntas
- G+11 floors
- No of apartments – 242
- Type: 2BHK, 3BHK, 4BHK- Duplex penthouse
- Open Space : Appx 70%
- 2BHK: 1100 sft , 1125 sft
- 3BHK : 1525 sft , 1535sft
Hara Vijaya Heights – Location
BBMP Khatha No. 84/7/14, Sy No. 7/14, Banashankari 6th Stage Extension, off. Kanakapura Road, Uttarahalli Manavarthe Kaval, Bangalore South
- Kanakapura Road, Close to NICE corridor
- 0.5 km to Kanakapura Road
- 0.75 km to NICE Road
- 4 kms to Metro connectivity
- 5 kms to Electronics city
- 6 kms to Mysore Road
- 8 kms to JP Nagar Junction
- 5 kms to Metro cash & carry
Schools & Colleges near by:
- The Valley School
- JSS High School
- KS Institute of Technology
- Delhi Public School
- Alpine School
- Alpine School
- Dayanand Sagar Academy of Technology
Hospitals near by:
- Rajashekar Hospital
- Apollo Hospital
- Fortis Hospital
- Mathru Multi Specialty Hospital
- Bharat Hospital
Shopping areas near by:
- Metro Cash & Carry
- Jayanagar Shopping area
- Bangalore Central
- Garuda Mall
- Sports Mall
Hara Vijaya Heights – Area Developments
Property market set for growth in south, west
The Bangalore Mysore Infrastructure Corri dor (BMIC) was one of the first infrastructure projects to change the face of the city. It was planned in three phases comprising the 41-km NICE Ring Road connecting the key arterial roads Tumkur Road (NH4), Magadi Road, Mysore Road, Kanakapura Road, Bannerghatta Road and Hosur Road (NH7), a nine-km link road connecting the centre of the city to a 111-km expressway, providing seamless connectivity between Bengaluru and Mysuru. While the expressway is yet to take shape, the NICE Ring Road has eased connectivity between key economic centres in the peripheral areas. It has also led to the opening up of new locations in the outskirts, leading to increased real estate activity due to the presence of large land parcels in the vicinity.Satish B N, Executive Director South, Knight Frank India, elaborates, “Land and locations abutting the NICE corridor have witnessed tremendous growth. The residential property market has witnessed a spike in activity here. Hitherto unexplored areas and locations not in demand have opened up due to ease of access. There are mainly apartment projects coming up here. Units priced at an average Rs 80 lakhs will witness demand here.“
RESIDENTIAL MARKET TAKE-OFF
If infrastructure is good, it doesn’t matter where you live since commute time will be shortened considerably.This is precisely what has led to development in and around the NICE Corridor.
Trivita Roy, AVP Research and Real Estate Intelligence Service, JLL India, points out, “The NICE Road stretches from the Chikka Togur Lake in south-east part of the city to Anchepalaya Lake in the north-west part, encircling a portion of the south-east, south, west and north-west quadrants of the city. It intersects with key roads such as Bannerghatta Road at Gottigere, Kanakapura Road at Uttarahalli, Mysore Road at Kengeri and Tumkur Road close to Nagasandra. Most of these locations are witnessing middle and affordable seg ment residential developments. Some of these also have also witnessed plot developments.“
According to Satish, “The south-west corridor touching Bannerghatta Road, the Kanakapura belt, Mysore Road junction, close to Kengeri and Magadi Road has picked up well. Many residential projects are being launched and have been planned here. The stretch from the Tumkur Road belt going towards Electronics City is also witnessing demand, mainly due to the quick travel facilitated between the IT hub at Electronics City and locations towards the west which benefit from comparatively lower land rates.“
LOCATIONS AND PRICING
According to research by JLL India, the per-unit pricing in projects in Gottigere ranges between Rs 30-75 lakhs; Uttarahallii Rs 30-65 lakhs; Banashankari 6th Stage Rs 30 lakhs to Rs three crores; Kengeri Rs 30-85 lakhs; and Nagasandra Rs 30 lakhs and Rs 1.50 crores.
Satish has a picture of how the NICE Corridor has led to a marked impact on land rates in locations along the route. “In the late 1990s, before the NICE Corridor took shape, the going land rates in locations along this corridor were around Rs 50-80 lakhs per acre. Rates quoted in and around the corridor now range between Rs 4,5006,000 per sqft, depending on the frontage, usage, and the junction where the landproject is located. If it is located around a busy junction where future commercial development is possible, the project will command a higher price.“
With many locations in the peripheral areas set to benefit from Metro connectivity in Phase II and Phase III of the project, locations along the NICE Corridor will receive a double advantage.“By road, it takes more than an hour to reach Kanakapura Road from Majestic.Thanks to the Metro, travel time will be reduced to 20-30 minutes,“ says Satish Trivita Roy adds, “Metro connectivity will improve the accessibility to most of these locations, especially those located in the southern and western quadrants of the city.
As such, development is likely to strengthen along the southern areas followed by the western parts of the city. As the north-west region is already connected by the Metro, it is likely to see improved demand“.
Hara Vijaya Heights – Project Status
- Phase 1 – Ready to Move , Phase 2 – by April 2017 , Phase 3 – By June 2017
- Approval from BBMP
- Bank Approvals – SBI, SBM,HDFC, ICICI, LIC, Axis Bank, Corporation Bank, ING Vysya, Indiabulls
Hara Vijaya Heights – Amenities
Hara Vijaya Heights offers a host of neat spaces for recreation and relaxation alike. A state-of-the-art clubhouse and a multi-purpose hall provide an ideal place to get together with loved ones. The landscaped garden and park area are perfect for a stroll by yourself. To brush up on your fitness regime, check out the gym and jogging track. The swimming pool makes for a cool rejuvenation spot. And for some good-old fun and games, the children’s play area and indoor games are great options.
- Clubhouse / multi-purpose hall
- Swimming pool
- Well equipped Gymnasium
- Children’s play area
- Landscaped garden / park
- Jogging track
- Billiards & T T tables
- Indoor games
- Senior Citizen Area
- Good / Stretcher lift
- 24 hrs Power Back-up for all common areas and entire flat (upto 1 KV)
- Intercom facility
- 24 hrs Security
- Visitors car parking
Hara Vijaya Heights – Project USP’s
- Located close to Metro Connectivity
- Good Connectivity to Electronics city & Mysore Road via NICE Road
- Good Potential for ROI
- Mix development comprise of mid & high segment
- All life style amenities included
About the Builder
Since 1973, Vijaya Enterprises has carved out a gold standard reputation in real estate through landmark properties in the residential, commercial and industrial realms. Vijaya’s work is driven by a deep sense of integrity, a bearing that reflects in its premium quality, ingenious design, sharp customer focus, on-time completion of projects, a grasp of changing times, and a balanced understanding of construction.
Builder completed more than 25 projects across Residential, Commercial segments & 7 ongoing projects.
Vijaya Spring Woods is recently completed project near Manipal County , Hosur Road.