Project Of The Week: Pride Palatia, Bengaluru

Bengaluru, the Silicon Valley of India, is known for its rich demographical diversity. The city, besides being a major IT hub, is home to several educational and research centres, including Indian Institute of Management (IIMB) , National Institute of Fashion Technology (IIFT) and National Law School of India University (NLSIU) .

The famous Begur Nageshwara Temple and Someshwara Temple are also located in Bengaluru, considered one of the most livable cities of India, with its well-planned streets, lush-green public parks and cool climate around the year.

To tap the growing demand for real estate in this city, Pride Housing Group has announced its project Pride Palatia. PropGuide explores the project:

The project

Pride Palatia, located in Kuvempu Layout on the Hennur Road in Bengaluru, is spread over 1.8 acres. It offers 104 apartments in 2-BHK and 3-BHK configurations with sizes ranging from 1,140 square feet to 1,734 sq ft. The under-construction project is likely to be up for possession by March 2018. Some of the facilities that will be available for the residents include:

The locality

Kuvempu Layout is situated on the Hennur Main Road which allows it to have good connectivity to the rest of the city. Some of the important locational advantages of this area are:

Educational institutes: Sandra Ricketts Public School, Southern Asia Bible College, Kristu Jayanti College, St Mary's School, Vidyaniketan Academy and New Baldwin School

Key Thoroughfares: Hennur Main Road, Thanisandra Main Road and Gubbi Cross Bus Stop

Neighbourhood: Hennur, Anagalapura, Chikkagubbi, Horamavu, Jakkur and Kannur

Health care centres: Ebenezer Hospital, Medi Dharma Hospital, Avitha Hospital and Trinity Nursing Home

Infrastructure and future prospects

Kuvempu Layout on Hennur Main Road is a booming real estate market. The prices of villas, apartments and plots in this area have gone up by around 12 per cent in the past 34 months. There are four upcoming and five under-construction projects in this locality. Bus stops around this area ensure seamless connectivity to other localities of Bengaluru.

The price

Pride Palatia consists of 2-BHK and 3-BHK apartments. Two-BHK units, available in two sizes 1,140 sq ft and 1,144 sq ft, are priced at Rs 54.2 lakh and Rs 54.3 lakh, respectively. The 3-BHK units come in four formats – 1,560 sq ft priced at Rs 74.1 lakh, 1,572 sq ft at Rs 74.7 lakh, 1,723 sq ft at Rs 81.8 lakh and 1,734 sq ft at Rs 82.4 lakh.

The developer

Pride Group began its operations in 1995 under the leadership of S P Jain. The group is a renowned name in real estate markets of Pune, Mumbai and Bengaluru. Pride Housing has also been awarded platinum certification from Leadership in Energy and Environmental Design (LEED) for its green designs. The group has built over 22 projects. Some of those are Pavilion, Green Fields, Irene Tower, Horizon and Regalia.

PropGuide's Verdict

Overall recommendations

Apartments in Pride Palatia are available at the best price points in the market. It is a perfect fit for professionals working in industries located this area.