Brigade Northridge: Why it sold like hotcake?

Brigade Northridge is a new launch from Brigade Group in Jakkur, North Bangalore. Enjoying the brand value of Brigade Group, the project received very good response from the buyers and investors in the pre-launch period. It offers total 600 units of 2 BHK and 3 BHK apartments in towers of B+12 floors. Spread across 7.5 acres, the project has 70% of the area dedicated for green landscapes, gardens and water bodies. Brigade Northridge is presently available at a price of Rs. 5,090 per sq. ft.

Let us analyze this project in detail:

Product- Brigade Northridge

Brigade Northridge, Jakkur offers 2 BHK apartments in three different sizes i.e., 1,232 sq. ft., 1,292 sq. ft. and 1,350 sq. ft. The 3 BHK apartments also come in three sizes of 1,600 sq. ft., 1,884 sq. ft. and 1,900 sq. ft. Brigade Group has a reputation of incorporating vastu-shastra in all of its projects which they have ensured in master-plan of Brigade Northridge as well. The project offers some of the finest amenities that are needed for a fulfilling and luxurious lifestyle

Amenities in this project include

• Fitness centre
• Yoga and Aerobics Deck
• Half Basketball Practice Court
• Indoor Games Room
• Swimming Pool
• 20,000 sq. ft. Clubhouse
• Broadband Connectivity
• Power and Water Back up

Locational Advantages

Located at Kogilu Cross near Jakkur, Brigade Northridge enjoys good connectivity via the Thanisandra Main Road and Jakkur Main Road. Having ample options for public transport and good social infrastructure, Jakkur is a mature residential locality in Bangalore. Its proximity to the Manyata Tech Park makes it a attractive location for IT professionals. Nagawara, Hebbal, Yelahanka Satellite Town, Kalyan Nagar and HBR Layout are some of the popular residential localities surrounding the area. Major bus stops, railway stations and upcoming metro stations are also situated within a decent radius of the project's location.

The distances of some important places from the project are:

• Hebbal Flyover- 10 km
• MG Road- 16 km
• Airport- 20 km
• Columbia Asia Hospital, Hebbal- 10 km
• Manyata Tech Park- 8 km

Some other real estate projects in the vicinity of Brigade Northridge include Mittal Elanza, Nitesh Central Park and Legacy Eldora. Legacy Eldora has an apartment density of 56 flats per acre, whereas Brigade Northridge will have a density of 85 flats per acre, thus relatively lacking in terms of density.

Price Trends

According to PropTiger's latest updates, the average property price for Jakkur is Rs. 4,603 per sq. ft., whereas the price of Brigade Northridge is Rs 5,090 per sq. ft. Brigade opened its booking at the base price of Rs 4,790 per sq. ft. which was very attractive for a Brigade brand. Project saw very good response in the initial months of October – December which led to Brigade increasing its price by Rs 300 per sq. ft. Does it make sense to buy Brigade Northridge at this price? We will say yes. Jakkur is close to upcoming aerospace, IT and Hardware park which will drive residential demand. Presently there are very few quality options available in the area and Brigade Northridge stands out amongst them.

Let us get a brief about the project's overall performance:

Overall Recommendation

Project is definitely a buy for any investor looking to benefit from developing infrastructure in North Bangalore.

To get updates on Brigade Northridge prices and other aspects of the project, log in to our website PropTiger.com.