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Project Watch: Malhar Patterns, Bangalore

May 28 2015   |   Sakshi Nigam

Malhar Patterns is a premier residential township being developed by Good Earth. Malhar Patterns is the fifth Malhar eco-village in the neighbourhood of Kengeri, Bangalore. The upcoming properties in Bangalore are located in a tranquil area, known for its natural landscape.

PropTiger.com reviews the project: The product Spread over an area of 12 acres, Malhar Patterns offers 93 villas in Bangalore, of 3BHK and 4BHK. The super built-up area for 3BHK apartment ranges from 2,668 sq.ft. to 2,902 sq.ft. and the 4BHK ranges from 3,028 sq. ft. to 4,114 sq. ft. The township is subdivided into two sections -- Patterns A and Patterns B. Patterns A consists of 45 homes arranged along a loop road that symbolize properties in low-hill topography. Whereas Patterns B consists of 48 homes arranged in three clusters of which two of them are situated around parks and one along a broad street.

Let us compare Malhar Patterns with Malhar Mosaic and Malhar Resonance, built in the Malhar eco-village. Malhar Mosaic offers 86 units in 5.5 acres of land, which means the apartment density is 15.63 flats per acre. Malhar Resonance offers 70 units in nine acres, having apartment density of is 7.77 flats per acre. In Malhar Patterns, the apartment density is 7.75 flats per acre. This is similar to Malhar Resonance as both Patterns and Resonance are townhouses (residential township) while Malhar Mosaic is built as cluster homes.

The builder Good Earth has been building sustainable residential projects since the past 17 years and has made a strong presence in Kerala and Karnataka states. It brings innovation in its architectural designs so as to foster a sustainable real estate which safeguards the environment. Apart from building residential townships, the developer is also involved in constructing educational, institutional, healthcare and hospitality properties.

How to reachMalhar Patterns, Bangalore is located in Kengeri, and is 1.5 km from the Mysore road. The nearest landmark is Rajarajeshwari Medical College. Good Earth Palmgrove is also located nearby, on the other side of the Mysore road. Locational advantages Kengeri is a suburb in Bangalore, developed by Bangalore Development Authority (BDA) and, hence, it enjoys good connectivity with all major areas of the city.  The Outer Ring Road is just five kilometers away from Good Earth Malhar Patterns. The Bangalore-Mysore Infrastructure Corridor is located three kilometers from the township.

Infrastructure and future prospects

The project is strategically located near Bangalore-Mysore Infrastructure Corridor and well connected to other parts of the city. Proximity to the Mysore road and the Outer Ring Road provides accessibility to BMTC bus stops and the Kengeri railway station. The third phase of Bangalore Metro is expected to make commuting to other parts of Bangalore easy and comfortable. Kengeri is one of the upcoming residential projects in Bangalore. Demand for real estate is rising in the area because of industrial development in Bidai-Kumbalgod-Kengeri region and the development of the state highway to Mysore.

Kengeri has some well-known educational institutions such as JSS Academy of Technical Education, BGS Engineering College, Seshadripuram Pre-University College, etc. Healthcare providers such as Max Superspeciality Hospital, Rotary-Muthappa Attavar Memorial Hospital , etc. are also part of the neighborhood. Several branches of financial institutions, including banks, are also located in the locality.

Price comparison The average price at Good Earth Malhar Patterns is Rs. 8,252 per sq.ft., which is much higher than the average property price in locality at Rs. 3,255 per sq.ft.  Does it make sense to buy Good Earth Malhar Patterns at such a high price? We will say 'yes'.  At Good Earth's Malhar eco-village there are no highrises, and the beautifully landscaped complex is designed to give the feel of living in a quiet neighborhood in the lap of nature.  Kengeri is one of the top upcoming projects in Bangalore. Real estate prices have appreciated by 42.9% in past six months, and it will give very good returns on investment.

PropTiger.com's rating

Parameters

      Ratings

Builder

 Good

Price

Average

Project

Very good

Location

Good

Overall recommendation Malhar Patterns is an excellent investment opportunity for both investors and end users, as the civic and social infrastructure in Kengeri is fast developing. It is a modern civilization in the lap of nature.

To know more about GoodEarth Malhar Patterns visit PropTiger.com.




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