For Sale Rs4,267,250 - Apartment, Residential
Shriram Greenfields is an oasis of calm and peace place away from all city pollution , right within the city limits of Bangalore. Apartments are aesthetically designed, has soothing recreation zones allow one to relax in a world of tranqulity and serene surrounding. Project is easily accessible through four-lane Old madras Road to all major IT hubs in the city. All major schools and shopping areas in the close proximity.
Shriram Greenfield – Project Configuration
- Land Area – 19.5 Acres
- No of Apartments – 1645
- No of Blocks – 9
- No of Floors – G+18
- 2 BHK – 935 Sq Ft , 1065 Sq Ft
- 2 BHK + Study – 1165 Sq Ft , 1225 Sq Ft
- 3 BHK – 1350 Sq Ft
Shriram Greenfield – Location
- Budigere Cross , Old Madras Road , Bangalore
Near By Schools
- Vibgyor High School
- Narayan Pu College
- New Baldwin International School
- Oracle Public School
Near By Hospitals
- Mission Hospital
- Shrinivas Hospitals
- Chaitanya Medical Centre
- Dhruva Nursing Home
Near By Shopping Areas & Restaurants
- Kanva Fashion
- Kebab Empire
- Sahoo Restaurant
Shriram Greenfield – Surrounding Areas
Bangalore’s eastern quadrant has emerged as a self-sufficient locality having a good spread of residential, manufacturing, commercial and retail. With development fanning out from the time of establishment of the International Tech Park, good civic infrastructure has provided the required impetus to support growth in this region.
Connectivity through the Outer Ring Road (ORR) has led to the emergence of growth corridors with commercial, residential and mixed land developments in the K R Puram, Banaswadi, Marathahalli, Hennur Road, Kalyan Nagar, Mahadevapura and Ramamurthy Nagar belts. Whitefield has emerged as a major nerve centre with the establishment of IT and the subsequent mushrooming of residential options and commercial establishments along with required social infrastructure.
Triggers for growth
The growth story in the east took off with the formation of the Export Promotion Industrial Park (EPIP) and ITPL. Behind the EPIP initiative by the Karnataka Industrial Areas Development Board (KIADB) were the presence of the old industrial areas, proximity to the old airport, availability of large land parcels at significantly lower prices and connectivity to the city center.
The categorisation of Whitefield, as per the Revised Masterplan 2015, as an ‘Industrial Hi-Tech Zone’ with higher FSI along with benefits availed with the demarcation of Whitefield Main Road, ITPB Main Road and Varthur Main Road as ‘mutation corridors’ further catalysed economic development in the region.
According to Ram Chandnani, Deputy Managing Director – South India, CBRE South Asia, “The east has been a growth engine since the 1990s. The setting up of manufacturing industries and, more importantly, the concentration of IT/ITeS companies have acted as triggers for growth here, leading to the subsequent uptake in residential, retail and hospitality. The region benefits from welldeveloped social infrastructure. Largely migrant population has led to the growth of Indiranagar and Koramangala.”
Proximity to talent pool catchments along with single window clearance and lower tariffs by the government have led to economic development in this region.
Impact of connectivity
Connectivity has played a major role in the development of localities in the east. With the ORR made signal-free from HSR Layout right up to Hebbal in the north, the commute between the south and the east, two IT strongholds, has become smooth and seamless. Upgradation and widening of the road from Marathahalli right up to Whitefield has helped commuters travelling towards the Kundalahalli-EPIP belt and heading to Whitefield.
The Kadugodi flyover has made it easy for commuters heading towards Hoskote, leading to residential development on this stretch. Infrastructure development on Old Madras Road and the Metro line up to Byappanahalli provided easy access to the Central Business District. The further extension of the Metro right up to Whitefield in Phase II will give a boost to development – residential and retail – in the region.
In the east, Whitefield has witnessed significant commercial growth. According to research by Vestian Global Workplace Services, the occupier profile in the Whitefield region leans heavily toward IT/ITeS companies with more than 80 percent of the space occupied. More than 90 percent of the companies located here are MNCs.
Ram points out, “There are existing well-developed large Grade-A business parks, noted corporate ownership, and also many smaller Grade B buildings. There is a large concentration of noted organisations moving and consolidating in the ORR belt. The localities in the east are situated in proximity to the IT hubs of ORR, Hosur Road, Electronics City and Whitefield where many large corporates are concentrated. There are noted business parks in this region. Indiranagar and Kormangala may witness some commercial and retail projects.”
Localities in proximity to economic hubs such as Whitefield and the ORR with good social and civic infrastructure are finding demand among homebuyers. Old Madras Road is witnessing a range of residential options with budget housing options coming up in the stretch leading up to Hoskote.
Whitefield, the ORR belt from K R Puram including Banaswadi, HSR Layout, Bellandur and Ramamurthynagar, parts of Hennur Road, Horamavu and Budigere Road are popular residential destinations.
Source : Times of India
Shriram Greenfield – Project Status
- All statuary approvals obtained
- Phase 1 – By Dec 2017
- Phase 2 – By Dec 2018
Shriram Greenfield – Amenities
Shriram Greenfield – Price
Shriram Greenfield – Project USP’s
- Easy access to International Airport and all IT companies
- Good potential for ROI
- All luxurious amenities included
About the Builder
Shriram Properties is a part of the INR 90,000 crore Financial Giant – Shriram Group and was established with a mission of creating splendid homes and luxurious living spaces. Launched in 1995, have operations throughout the country with extensive presence across South India. Company delivered over 20 million sq. ft. of built-up space, with 12.61 million sq. ft. to be delivered in the next two years and 45.85 million sq. ft. under development.