Purva Sunflower
Purva Sunflower – Overview
‘Welcome home to Purva Sunflower.’
Blossoming in the heart of one of the finest addresses in Bangalore, Purva Sunflower is an elegant expression of 326 premium apartments nestled in a beautifully crafted hi-rise. Purva Sunflower is very thoughtfully located within the dynamic Central Business District and prominent Educational Institutions. Besides, with the Metro and City Station close by, business becomes a pleasure.
Offering world-class amenities, Purva Sunflower is a home you’d be happy to come back to. Besides with leading Malls in the vicinity, excitement is never far away. At Purva Sunflower, the divine is bound to shine on you everyday. Being right next to a sacred Jain temple, it makes for the perfect blissful setting to be closer to your faith and belief.
Purva Sunflower – Configuration
Total Land Area: 2.3 Acres
Total floors: 19 Floors
Total Blocks: 4 Blocks
No. of Units: 326 units
Size range: 1216 sqft – 1795 sqft
Unit type:
2 BHK = 1216 – 1408 sqft
3 BHK =1613 – 1795 sqft
Purva Sunflower – Expected Possession
2016 onwards
Purva Sunflower – Location
State Highway 85, Lakshminarayanapuram, Binnipete, Bangalore, KA 560023
Location USPs:
Proximity
Magadi Road Metro Station: 190m
Bangalore City Railway Junction: 1.4 km
Rajajijnagar: 2 km
Vijaynagar: 3 km
Malleshwaram: 3.5 km
Educational Institutions: (approximate distance)
Basaveshwara School & College – 0.4km
MES Educational Institute – 0.5km
National Public School – 0.7km
Indian Public School – 0.8km
Venkat International Public School – 0.9km
Sheshadhripuram Pre-University College – opposite of the project
Suresh International School – 1.0km
Hospitals: (approximate distance)
ESI, Block 3, Rajajinagar – 2.0km
Narayana Netralaya Eye Care – 2.3km
Anu Dental Health Care, Basaveshwaranagar – 2.7km
Sneha Maternity Centre, West of Chord Road – 5.0km
Fortis , West of Chord Road – 5.0km
Manipal North Side, Malleshwaram – 5.0km
Shopping Centre: (approximate distance)
Orion Mall – 4.5 km
Mantri Mall – 3.0km
Gopalan Mall – 3.0km
Chickpet Market – 3.2km
Fine Arts :
Zankar Music School, Dr. Rajkumar Road, Rajajinagar – 0.9km
Fine Melody Music, Dr. Rajkumar Road, Rajajinagar – 1.1km
Places: (approximate distance)
Basavanagudi – 5.5 km
Majestic, Gandhinagar – 2.7km
Yeshwanthpur, Industrial Area – 3.6km
K. R. Circle – 3.8km
CMTI, Peenya – 5.2km
Mysore Road – 5.5km
Surrounding Developments
Improved infrastructure leading to development in Bangalore West
Bangalore west is a market that is coming of age. One of the early residential areas with industrial growth, this region has now opened out to witness stand-alone commercial and integrated developments. Connectivity has led to a significant boost in the development of this region – the Tumkur Road highway, improvements to Mysore Road and Magadi Road with connectivity enhanced through the Outer Ring Road (ORR). With the Metro line soon to be inaugurated between Peenya and Sampige Road, commercial property development will receive another boost.
Ram Chandnani, Deputy Managing Director – South India, CBRE South Asia, elaborates, “Localities in Bangalore west lie within an 8-10 km radius from the Central Business District (CBD), along with the required social infrastructure growth. Over the years, it has primarily developed into a residential hub with Rajajinagar, Basaveshwaranagar, Malleswaram, Yeshwanthpur, Mathikere, Mahalakshmi Layout, Nandhini Layout and Chandra Layout being some of the prominent localities. Although currently not seeing much commercial development with the exception of a prominent mixed development project, this is expected to change with Metro connectivity and quality residential developments coming in.”
“Commercial development in Bangalore west is still at a very nascent stage with handful of Grade A developments. Office space in this micromarket is typically characterised by Grade C standalone buildings having average size of 10,000 sqft,” says Naveen Nandwani, Director – South India, Cushman & Wakefield.
Factors pushing commercial growth
According to Ram, factors pushing growth in this micromarket are future Metro connectivity, rise in Grade A residential developments, enhancement in social infrastructure, proximity to the airport, improvement of infrastructure through the NICE corridor, State Highway development projects connecting to Mysore, and industrial development in Kumbalgodu, Kengeri and Bidadi.
He adds, “Owing to these, Rajajinagar, Magadi Road, Jalahalli and Mysore Road have emerged as commercial hotbeds. Some emerging trends in the region are mixed use developments promoting the ‘walk-to-work’ concept, small to mid-sized stand-alone commercial buildings which are more suitable for corporates looking for smaller office spaces, and tech parks due to proximity to Mysore, residential catchments of west Bangalore and the NICE corridor.”
Naveen explains, “Considering the commercial space market, the west still remains largely unexplored. Office space developments in this quadrant are still to witness growth on the lines of commercial development in Electronics City, Whitefield and now along the ORR belt (Sarjapur Road to Hebbal). Further, areas such as Mysore Road with sizeable land parcels are yet to see significant growth in terms of residential catchments and support infrastructure. However, Mysore Road was the first to witness quality supply in 2001 followed by Malleswaram in 2010.”
With connectivity augmented through various civic infrastructure projects such as the upgraded NH-4 and the upcoming Metro line, this region is opening up to further residential, industrial, commercial and retail growth. “The rise in the popularity of this micro-market can be attributed to three key reasons – the availability of land parcels that provides room for future development of healthcare, entertainment and other aspects of social infrastructure development; large and steadily growing industrial hubs as economic activity is directly correlated to residential growth; and improved connectivity through the NICE Ring Road that provides easy access to Hosur,” Ram states.
Bangalore west — scenario
Research by Cushman & Wakefield indicates that Grade A office space in the west comprises SEZs and other commercial spaces. SEZ space accounts for close to 48 percent of the total stock in the west. Operational Grade A commercial office stock measures around 3.3 million sqft with no under-development stock currently.
Other office space buildings primarily belong to the Grade C category. The organised office space development in the region stands at three percent of the total stock.
Naveen explains, “Companies already present in this micro-market and looking to expand in quality commercial spaces are moving towards locations such as the ORR. This is due to competitive rentals, proximity to residential catchments, and good connectivity to central and suburban locations of the ORR belt.”
Areas with potential
Naveen says, “In the long run, Mysore Road can be anticipated to emerge as a commercial destination due to availability of land, upcoming Metro and connectivity through NICE Ring Road.”
“Areas with potential as future commercial hotspots in the west are Mysore Road, Magadi Road, Rajajinagar, Tumkur Road and Jalahalli,” Ram adds.
Source: Times Property, The Times of India, Bangalore
Realty expansion in West Bangalore
West Bangalore is witnessing an influx of luxury residential units as large business houses are looking for luxury living. Developers are coming up with luxury options in this part of the city. In North West Bangalore, capital values have increased from around Rs 4000 per sq ft to the range of Rs 6500 to Rs 12,000 per sq ft within a period of four years.
The area is a gateway to rapidly developing NICE corridor and places like Tumkur Road and Magadi Road could well become the next IT hub in Bangalore. Land availability and comparatively affordable price range implies that the western part will feature as a bright spot in Bangalore luxury real estate. The region also brings in hope of good returns for long term investors.
Source: Common floor
Purva Sunflower – Master Plan
Purva Sunflower – Block Plan
Purva Sunflower – Floor Plans
Purva Sunflower – Features
Multi-purpose hall
Table tennis
Jogging track
Gymnasium
Steam & sauna
Swimming pool with associated change rooms
Outdoor basketball post
Outdoor children’s play area
Well- lit landscaped garden
Water treatment plant
Sewerage treatment plant
Organic waste converter
Purva Sunflower – Price Details
Base Price: Rs. 7990 / sq.ft
2 BHK = 1216 – 1408 Sq.ft – 97.15 Lacs – 1.12 Cr
3 BHK = 1613 – 1795 Sq.ft – 1.28 Cr – 1.43 Cr
Click Here to Download—>Purva Sunflower costsheet 270913
Purva Sunflower – Plus Points
Centrally Located – already developed area
No Lock in Period
Competitive pricing
Good Appreciation after completion
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Concerns
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About Builder Profile
Since its inception in 1975, Puravankara has believed that there is only one mantra for success: Quality. This credo combined with uncompromising values, customer-centricity, robust engineering, and transparency in business operations, has placed it among the ‘most preferred’ real estate brands in both residential and commercial segments.
The Company has grown from strength to strength, having successfully completed 36 residential/commercial projects spanning 7.80 million square feet. Currently, it has 29 million square feet of projects under development, with an additional 88 million square feet in projected development over the next 7-10 years. An ISO 9001 certification by DNV in 1998 and a DA2+ rating by CRISIL are testament to Puravankara’s reputation as a real estate developer of the highest quality and reliability standards.
The Group commenced operations in Mumbai and has established significant presence in the metropolitan cities of Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Dubai, Colombo and Saudi-Arabia.
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