SPA Eco City

SPA Group the developers of Frangipani Country Estates at Sarjapur is pre-launching a residential villa plots called SPA Eco City. The project right opposite the Frangipani Country Estates will offer 450 villa plots in 1200 sft to 2400 sft  sizes spread across 40 acres of land along with a fully functional clubhouse.

SPA Eco City

SPA Eco City Options

Villa Plots

  • 30 x 40 = 1200 sft
  • 40 x 60 = 2400 sft

 

SPA Eco City Location

Off. NH207 (Sarjapur-Bagalur Road)

SPA Eco City Location Map

Key Distances

  • Indus International School – 7 km
  • Narayana Hrudayalaya – 19 km
  • Electronics City Phase 1  – 23 km

SPA Eco City Price

As of 3rd week of May 2014 the following schemes are available during the pre-launch period only

  1. Option 1: The client can pay 25% of the sale value of the plot at the rate of Rs.1300/- per sqft. The client will have the option of having the Agreement to Sell registered at this stage. The Balance 75% of the sale value of the plot will have to be paid within 30 days from the date of layout approval and the plot will be registered in the client’s name.
  2. Option 2: The client can pay 100% of the sale value of the plot at the rate of Rs.1100/- per sqft. The client will have the option of having the Agreement to Sell registered at this stage. The registration of this plot in the client’s name will happen within 30 days from the date of layout approval.

SPA Eco City Concerns

  • Away from the city, not close to any of the IT office clusters
  • Approvals under process

SPA Eco City Investment Plus Points

  • Their existing project  looks good and will be a reference for this new launch
  • The company assures clear land titles as they are the owners of the land for the last 10 years
  • Pre-launch pricing schemes look attractive

Take the poll – Is SPA Eco City a good investment?

 

 

11 Comments

  1. akash August 27, 2017
  2. GIM Group June 13, 2015
  3. Crack the Dilemma.. February 1, 2015
  4. GIM Groups June 10, 2014
  5. Vibhav Gupta May 25, 2014
  6. GIM Groups May 25, 2014
    • Vibhav Gupta May 28, 2014
      • GIM Groups June 14, 2014

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