Puravankara City Of GOLD Bangalore: Redefining Luxury Living, Office Interiors

Puravankara, a leading real estate developer in Bangalore, has announced the pre-launch of their new township, 'City of GOLD'. The project was conceptualized as an integrated township that offers a luxurious lifestyle alongside cutting-edge workspaces. The project is likely to exemplify the standards Puravankara maintains in quality and delivering projects on time.

Product Quality and Affordability

Product: Puravankara The City of GOLD Sprawling over 75 acres, Puravankara City of GOLD offers a premium residential area with futuristic work spaces and a retail hub. The products that the City of GOLD offer under pre-launch include:

Purva Bird of Paradise- It has 4 BHK and 5 BHK Spanish villas with the super-built-up–area (SBUA) ranging from 2,150 to 3,600 sq. ft. Apart from the villas, 1 and 2 BHK condos are also available with a SBUA of 625 and 900 sq. ft.

Purva Scarlet Terraces- Offers 2 BHK and 3 BHK terraced apartments. The SBUA of 2 BHK ranges 1,339 to 1,340 sq.ft. and SBUA of 3 BHK ranges from 1,498 to 1,843 sq.ft.

The project also offers:

• Open air cinema
• High-street café
• Shopping and Leisure
• Manicured gardens and water features
• Multiple Club houses
• Culture clubs
• Tele medicine centre
• Crèche and play school
• Solar street lighting
• Rain water harvesting
• Sewage and solid waste management system

A few customers, however, claim that their projects are poorly designed and their ads fraudulent. They claim that Puravankara uses photo manipulation to “prettify” their projects. So, it makes sense to visit the site of existing projects and speak to the clients before investing in the project.

How to Reach: Puravankara- City of GOLD is on the Kanakapura Road Corridor (KRC). It can be easily reached from the proposed Metro station, and the NICE Road Junction. It is 7 kilometers far from the JP Nagar junction, 9 kilometers from Jayanagar and 18 kilometers from the Electronic City.

The Locality:

• The Brigade Software Park is 5 kilometers away
• There are many prominent educational institutions, healthcare facilities, shopping centers and resorts in its vicinity
• The upcoming shopping malls in the area are the Mantri Mall, Galleria Mall, Forum Mall and the VEGA Mall

Infrastructure and Future Prospects of Growth The 60 feet KRC from Sarakki to NICE Corridor will be widened, allowing smooth traffic across Kanakapura, JP Nagar, Banashankari and Jayanagar. The Metro Rail from Majestic to Puttenhalli and afterward to the Nice Corridor is scheduled to be ready before 2020. The Bangalore Mysore Expressway is expected to come up soon. Once it is operational, it will be easy to reach Mysore in less than 90 minutes from KRC. The Peripheral Ring Road connects the Bellary Road, Hennur Road, Tumkur Road, Hosur Road and OMR to the existing NICE Road.

Trends in Pricing Puravankara The City of GOLD offers 4 BHK and 5 BHK villas at a pre-launch price of Rs. 5,850 – 6,390 per sq.ft and 1,2,3 BHK at a pre-launch price of Rs. 4,250-4,750 per sq.ft. According to the latest reports, the average price of a home in Kanakapura is Rs. 4,299 per sq.ft. Does it make sense to buy The City of GOLD at this price? We will say 'Yes'.

According to real estate data in 2020, a well-integrated Kanakapura Road Corridor will lead to the commercial, residential and retail hubs developing remarkably, turning it into a great residential destination within Bangalore. There are not many such options and The City of Gold stands out among them.

PropTiger's rating after judging the project on various parameters:

Overall Review: Puravankara The City of GOLD, Bangalore seems to be a good option for buyers who are not keen on quick results and the investors who intend to profit from the expanding metro lines and the infrastructural development in the near future.

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