Purva Palm Beach

Purva Palm Beach

Puravankara Group is all set to announce on Jan 24th announced the pre-launch of their new residential high-rise apartment project to be called Purva Palm Beach on Hennur Road, North Bangalore near Biozeen. Purva Palm Beach will be spread across 19.34 acres and will offer about ~1323 apartments. As the name suggests this theme based project will have an artificial beach however the views of which will come at a premium.

Purva Palm Beach

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Purva Palm Beach – Options

  • 2 BHK ~ 1232 sft
  • 3 BHK Comfort ~ 1481 to 1485 sft
  • 3 BHK Grand ~ 1630 to 1676 sft
  • 4 BHK ~ 1798 to 1844 sft

indicative area sizes during pre-launch

Purva Palm Beach – Location

Diagonally Opposite Biozene.

Key Distances approx.

  • Manyatha Tech Park – 7.5 km
  • ORR – 5.5 km
  • MG Road – 15 km
View Larger Map

Purva Palm Beach – Price

As of the pre-launch date of January 24th 2014, Indicative base price  in the range of 4290 to 4650/- per sft

Indicative other charges as of pre-launch

  • Floor rise charges – 20/- per sft
  • Premium charges – 150/- per sft
  • Super Premium charges (The Lagoon Views) – 450/- per sft
  • Club house at 225000/-
  • Covered car part at 350000/-

Purva Palm Beach Concerns

  • Readers are right in their concern on how the beach/lagoon will be sustained with water being a precious resource in Bangalore
  • Apartments facing the beach are priced Rs. 450/- per sft extra which is quite a premium

Purva Palm Beach Investment Plus Points

Marketing stuff on the project include
“Proposed widening of Hennur Road from 80 feet to 120 feet

Proposed 33 kms High Speed Rail Link will connect city centre and International Airport around 2016. It is proposed to have two stops, one at Hebbal& the other at Yelahanka which are close to Hennur Road.

Hennur lies in close proximity to the 31 km mono rail link from JP Nagar to North Bangalore.

The 116 km proposed Peripheral Ring Road shall ease the connectivity between Hennur Road, Bellary Road & Old Madras road amongst others

72 kms Metro Rail Phase 2 – A Parallel Line is planned to the North South Corridor, running between Nagawara (Short distance from our Purva Palm Beach) to Gottigere in the South. On completion of this,

commute time between Hennur Road to the Southernmost part of the city could come down to a mere 20-30 mins

As per the Comprehensive Development Plan, the Pipeline Road on which Purva Palm Beach is located shall cut through Hennur Road, Thanisandara Road and Bellary Road on one side and shall connect to Old Madras Road on the other side”

Take the poll – Is Purva Palm Beach a good investment?

 

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