Salarpuria Sattva Laurel Heights- New Launch In Bangalore

Bangalore based real estate firm Salarpuria Sattva Group has come up with another new launch - Laurel Heights at Hesaraghatta. Sprawling over 4.2 acres of land, it will offer 438 residential units which will be built across 8 blocks with G+B+14 levels. The project offers options of 2BHK with SBUA of 992 sq.ft., 1,027 sq.ft. and 1,240 sq.ft. and 3BHK with SBUA of 1,354 sq.ft. and 1,416 sq.ft.

Laurel Heights is marketed at a pre-launch price of Rs. 3,950 per sq.ft. Is this a reasonable price for this project? Let us analyze this further:

How to Reach?

Salarpuria Sattva Laurel Heights is located on Hesaraghatta Main Road, Off Tumkur Road, Bangalore. It enjoys close proximity to the six-lane Bangalore-Nelamangala Highway, which has a good connectivity to Tumkur and Peenya Industrial area.

Location Advantages

• It is just 2 kilometers from Jalahali Cross and 3 kilometers to NICE corridor
• The Yeshwanthpur Railway Station is located at a distance of 5 kilometers and Nagasandra metro station is only 2 kilometer away
• The famous Orion Mall is only 6 kilometers away

Infrastructure and Future Prospects for Growth

Located 18 kilometers to the north-west of Bangalore, Hesaraghatta is a rapidly growing location with plenty of infrastructural development on the way.

Currently, under construction, Namma Metro Rail (North-South line) is scheduled to be ready by June 2015. Once operational, it will allow the residents of Hesaraghatta hassle free connectivity to other parts of Bangalore. Also, Metro Rail connectivity from Hesaraghatta to the International Airport, Devanahalli, has been proposed. Other proposed infrastructural developments include Peripheral Ring Road (PRR), Intermediate Ring Road (IRR) and Satellite Town Ring Road (STRR), which will connect Hesaraghatta to different parts of the city. Dr. Shivaram Karanth Layout is the upcoming BDA layout, planned on a whopping land area of 3000 acres and located close to Hesaraghatta Road. Also, there is a plan to extend NH-4 to 12 lanes for a smooth traffic flow.

Once these become operational, it will definitely have a positive effect on the real estate market in Hesaraghatta.

Product

It is useful to compare the density of Laurel Heights with GM Infinite Daffodils and Mahaveer Desire, all of which are located very close to each other. Laurel Heights is offering 438 units in 4.2 acres, which brings apartment density to 104 flats per acre. Whereas, GM Infinite Daffodils is offering 259 units in 4.5 acres, which brings apartment density to 58 units per acre. And finally, Mahaveer Desire is offering 160 units in 1.7 acres, which brings apartment density to 94 units per acre. Overall, with a high density of 104 flats per acre of land, Laureal Heights is creating quite a clutter.

A few of the important amenities at Salarpuria Sattva Laurel Heights are mentioned below:

• Clubhouse
• Multipurpose court
• Senior citizen court
• Landscaped garden
• Well-equipped gymnasium
• Price Comparison

Laurel Heights is priced on a higher end of locality price at Rs. 3,950 per sq.ft. as compared to the average property price in Hesaraghatta, which is Rs. 3,521 per sq.ft. Some other projects located nearby are GM Infinite Daffodils, which is priced at Rs. 3,750 per sq.ft., DS Max Splendor Nest, which is priced at Rs. 3,000 per sq.ft., and Mahaveer Cedar, which is priced at Rs. 2, 852 per sq.ft.

Surely, all new launches have a risk or project execution, but with the under construction metro rail project and proposed infrastructural developments on its way, Salarpuria Sattva Laurel Heights seems to be a great investment option. It's surely a project that can not be missed. So hurry up!!

Overall Recommendations

Salarpuria Sattva Laurel Heights is a promising option for investors who are looking forward to benefit from the metro extension and infrastructural development.

However, end users must take a decision based on the construction quality of the existing project.

If you have any review about this project, do share it with us. For more info visit PropTiger.com