Embassy Group Launches Bengaluru's Largest Integrated Masterplanned City

Embassy Group, India’s leading real estate developer today announced the launch of Embassy Springs, Bengaluru’s largest masterplanned city, within the silicon valley of India.

Spread across 300 acres in North Bangalore, Embassy Springs comprises of 188 acres of plots, 41 acres of apartments, 22 acres of villas & row houses, 20 acres of club & schools and 35 acres of commercial & retail space.

Over the last decade, Bengaluru has increasingly become an attractive investment destination nationally and internationally and has pipped the NCR region to become the second most preferred investment destination for investors after Mumbai. The city’s rapid progress in technology and global connectivity has helped drive real estate growth in the city and the northern corridor of Bangalore has specifically emerged as a favoured location for real estate investments owing to the international airport, planned infrastructure developments, land availability, greater connectivity and IT parks.

Embassy Springs is strategically located just 8 kms before the Bengaluru International Airport, right before the toll plaza and is set close to the upcoming IFCI Financial City and KSIIDC Devanahalli Business Park, where real estate prices are on the upswing. Conceptualized as a truly self-sustained city by expert architects, design and landscape consultants, Embassy Springs is a perfect harmony between pristine natural & luxurious urban living. It offers a plethora of housing choices along with schools, hospitals, parks, clubs, commercial and retail spaces,  providing proximity to work, home and play.

Commenting on the launch, Jitu Virwani, Chairman & Managing Director, Embassy Group, said, “We are delighted to launch Embassy Springs – the largest and most ambitious offering from Embassy to date – where we have invested in extensive masterplanning and careful detailing with the help of experts from across the world – to bring to India this experience of a self-sustained city. Embassy Springs provides the best of amenities and facilities, and is a result of our vision to provide a holistic living experience that improves quality of life. It is a representation of Bangalore in its true form – where the garden city meets the Silicon Valley of India to deliver a singular living experience.”

He further added, “Embassy Group has been a prominent property developer in the commercial and residential real estate sectors for the past several years. The launch of Embassy Springs further reinforces our continued focus on creating a large residential portfolio with a strong focus on the North Bengaluru corridor.” 

Reeza Sebastian, Vice President, Residential Marketing & Sales, Embassy Group, said, “Bangalore is a plethora of mixed cultures blending seamlessly to give you the finest taste of metropolitan living. With Embassy Springs, we aim to redefine the meaning of suburban living in India by providing citizens a luxurious living experience in the midst of Mother Nature, offering world class amenities. It is an exemplification of people who have evolved lifestyle experiences and aspire to live a good life. Embassy Springs will be a place of continual evolution and prosperity, where people from around the world will desire to live.”

This launch complements Embassy Group’s strong northern corridor strategy which today includes the flagship Manyata Embassy Business Park, India’s largest integrated business park, as well as existing premium residential developments Embassy ONE – which houses South India’s first Four Seasons Private Residences and Four Seasons Hotel, Embassy Boulevard  and Embassy Lake Terraces.

About Embassy Springs

• Embassy Springs is Bengaluru’s biggest master planned city, within the silicon valley of India

• A perfect harmony between pristine natural & luxurious urban living

• 360 degree development plan laying emphasis on not just the residences but overall development of Springs as a self-sustained city

• Spread over 300 acres, the area is divided into 188 acres of plots, 41 acres of apartments, 22 acres of villas & row houses,20 acres of club & schools and 35 acres of commercial & retail space
• The proximity to Devanahalli Business Park and 30 min drive from Manyata Embassy Business Park gives the chance of staying in a city within the Silicon city of India
• Best of luxurious living, world class hospitals, retail spaces, renowned educational institutions and fun filled entertainment all encompassed within one master city
• With ample space dedicated to the development of schools, and Embassy’s past reputation with running two schools successfully, you can be rest assured to get the very best
• A 1,50,000 square feet, lavishly designed club house to suit your sophisticated social life
• The Karnataka Government plans on building an entertainment park called Space City on the lines of Disney Land in Devanahalli
• Some proposed hotel projects including the Oberoi, Marriott Golf Resort & Trident are in the pipeline
• The design aims to integrate the natural resources on site and compose these into a scenic landscape
• Strong emphasis with implementation of water conservation, rain water streams and  bio ponds
• The project will incorporate more species native to the region to ensure survival, ease of maintenance and to promote local biodiversity
• Lakefront Promenade; a beautifully designed water front area for unwinding and refreshing yourself after a tiring day
• Right from the kind of gravel to be used, to the different kinds of trees, landscaping,  every aspect is given importance to provide our patrons the best living experience

Prestige Group Wins FIABCI Award for Bangalore Project

Prestige Group, one of the leading developers in India, has won the coveted FIABCI World Prix d’Excellence Award this year for their landmark luxury residential development, Prestige Silver Oak in Bangalore. 

Prestige was selected among the tough competitors from Armenia, Georgia, Germany, Hungary, India, Indonesia, Malaysia, Russia, Singapore, and Taiwan for its silver award which was presented at an exclusive gala ceremony attended by hundreds of guests from 40 countries during the FIABCI 67th World Congress held recently at Panama City, Panama.

Prestige Silver Oak

A BSE listed company with a turnover in excess of Rs. 3518 Cr, Prestige Group can boast of having a widely diverse portfolio covering the residential, commercial, retail, leisure, hospitality and education segments.

Uzma Irfan – Director, Prestige Group said, “It is every developers dream to bring home a FIABCI Award and it is an incredible honour for Prestige to have competed against 40 countries across the world to emerge a winner. While celebrating our victory, we would like to dedicate this award to the numerous happy and satisfied clientele of the Prestige family and to all our dedicated employees who work extremely hard to make our vision a reality.”

“The FIABCI World Prix d’Excellence celebrates the best and most innovative real estate developments from around the world.  This year’s awards were highly competitive and set a global standard for premier leadership, innovation, sustainability and long-term planning,” added Danielle Grossenbacher, FIABCI World President.

About Prestige Silver Oak

Prestige Silver Oak adheres to all the features that define a Prestige home - finesse in design, uncompromised quality and an absolutely world-class living experience. Located on the ECC Road, Bangalore, Prestige Silver Oak is spread across 17 acres and offers independent villas and a small block of low-rise apartments.

The development comprises of 146 villas in 8 different designs, which afford prospective buyers the convenience and flexibility of acquiring a home that closely matches their needs. Each elegantly designed villa is ensconced in its own private garden. For those who prefer the sociability of an apartment to the privacy of a villa, there are also 32 apartments on offer.

Prestige Silver Oak’s spacious Clubhouse comes fully appointed with all the amenities that are de rigueur for a life of luxury. Among other facilities, the Clubhouse features a state-of-the-art gymnasium, a spacious swimming pool, a multipurpose hall, a squash court, a well-equipped health club, a badminton court, and an indoor sports area. The development also includes a convenience store, thus making the property more self-contained for residents.

Prestige Silver Oak offers a lifestyle that is secure, peaceful and relaxed with state-of-the-art electronic security systems and manned security. Every home is equipped with a video door phone and is connected via an intercom to the security cabin.

EKTA World Introduces Lucky Draw Offer for Virar and Nashik Projects

EKTA World, a pioneer in real estate development for over three decades, has announced an innovative “EKTA Lucky Home Life Ka Chance” offer for its customers. The offer has been created keeping in mind the aspiring home buyers who long to fulfil their dream of buying a house in Mumbai.

Mumbai’s realty major EKTA World has set up this offer to endow the buyers with an opportunity to own a dream lifestyle home from a premier developer at affordable rates at their flagship projects that are designed and developed with all premium amenities such as club house, themed landscaped gardens and podium car parks and children’s play area, senior citizens alcove etc. all under one roof.

The announcement of Life Ka Chance has been facilitated for EKTA’s projects in Virar, an emerging fast developing location of Mumbai with great connectivity & Nashik, an emerging Smart City which is witnessing advancement in road infrastructure and an ideal hotspot for property owners looking for access via Mumbai-Agra National Highway and Nashik-Pune National Highway.

It has always been EKTA World’s endeavour to give prompt and quality services to its customers. The bid of the lucky draw is for 1 BHK, 2BHK & 3 BHK apartments across its Virar and Nasik projects. These projects boast of premium amenities and shall be made available to the end users at rates precisely lower than MHADA.

This offer announced by EKTA World stands out as a direct result of the Group’s exemplary ideals and its consistent efforts to provide residents with outstanding facilities clubbed with competitive pricing, a company press release said.

The customers applying for the offer shall be chosen via a Lucky Draw process organized by the company under the supervision of an external third party agency. The application forms for the same will be made available at HDFC Realty Office, across all EKTA World Site offices in Mumbai, Virar and Nashik. End Users keen on this offer can also visit online portals, www.ektaluckyhome.com and www.lifekachance.com for the submission process. The duly filled and signed forms can be submitted by customers at HDFC Realty offices across Maharashtra, Gujarat and EKTA World Site offices in Virar and Nashik. The online entries for the submissions will be accepted along with a refundable deposit of INR 21,000/- during the application process.

The submission of forms by customers will accepted till 7th July, 2016. This data will thereafter be collated and reviewed followed by the procedure of announcement of winners after registration on August 12th, 2016.Customers who have not been allotted a home in the draw will be refunded the deposit via the escrow account within 30 days from the date of the draw.

The key highlight of this offer also entails a Delivery Insurance wherein home buyers will be covered by a third-party insurance company in case of delay of delivery. The Group has partnered with a third-party insurance company. With this association home buyer will be aided with a 9% p.a. interest in case of a delayed delivery by the insurance company.

Commenting on this, Ashok Mohanani, CMD, EKTA World, said, "Our constant efforts have been to ensure that we facilitate buyers with a remarkable experience and offer a home that endows peace with high-quality standards and timely delivery. Through our initiative Ekta Lucky Homes, our focal point is to provide premium affordable homes to the potential buyers at a judicious price. We are confident that this offer shall complement the buyers with good ROI in forthcoming years and shall also serve as an attractive investment opportunity”.

Piramal Realty Launches Phase II of Piramal Vaikunth in Thane

After Piramal Vaikunth’s successful Phase I launch in September 2015 at Balkum, Thane,  Piramal Realty, the real estate arm of the Piramal Group, is now launching 170 apartments at its residential towers Vahin (INR 9040/sq.ft.) and Vrisa (INR 9280/sq.ft.) as part of Phase II.

The above prices are limited to the first 40 units only, for which the bookings have commenced from June 18, the company said in a release.

The 2-bed and 3-bed apartments on offer range from a carpet area of 908 sq.ft. to 1262 sq.ft. Each residence is fully air-conditioned, offering quality marble flooring in the living-room and bedroom, and private balconies. Both towers are positioned directly in front of the clubhouse and offer panoramic views of Thane creek.

Piramal Vaikunth is a residential complex spread over 32 acres, featuring high-rises, townhouses, world-class facilities. The development intends to provide residents with a temple, a retail boulevard, a community center, multi-purpose badminton and basketball courts, squash courts, swimming pools, mini cricket ground, state-of-art gymnasium, day care & crèche, cafes & restaurants, convenience stores, guest suites & banquet halls, etc.

Commenting on the launch Anand Piramal, Executive Director, Piramal Group said, “Piramal Realty aspires to be the most quality conscious and the customer-centric real estate company in India. There is a dearth of quality development in the city, and we have seen that there is a lot of potential for a high quality product. This is reflected in the overwhelming response we received for Phase 1 of Piramal Vaikunth, where we attracted buyers from South Mumbai, Western & Eastern Suburbs of the city as well as international markets such as USA, Singapore, London and Middle East.  Today, we have pre-launched Phase 2 of the project with two towers, Vahin and Vrisa, and look forward to receiving a positive response to our premium offerings.”

About Piramal Vaikunth

Piramal Vaikunth is a world-class residential complex, designed for community living, spread over 32 acres (3 million sq.ft.) at Balkum, Thane in metropolitan Mumbai. The project partners with leading firms such as Chicago-based architectural firm, HOK; London-based structural & services engineers, BuroHappold; vertical transportation partners, Lerch Bates; design architects, DSP Design; US-based project managers, Turner Construction Company; and traffic consultants, Systra MVA Consulting.

To enable community interaction and embrace nature, Piramal Vaikunth introduced two unique initiatives: the Vaikunth Flower Show and Piramal Art Residency. 

 

• The Vaikunth Flower Show is inspired by the Chelsea Flower Show UK, and showcases covering 1 million flowers over 140 species & 30 different types of trees from around the globe. The show has been rated by a leading media house, India Today, as one of the top-5 flower shows in the world. 

• Piramal Vaikunth is the first complex in Thane to host an Art Residency for artists to collaborate and create artworks in verdant surroundings. Launched in December 2015, it focuses on the need to build nurturing studio spaces for visual artists and give citizens an opportunity to engage with art in an interactive way.

Sumer Group Launches 'Trinity Vertical' tower in Prabhadevi, Mumbai

Real estate giant, Sumer Group has launched 'Sumer Trinity Vertical', a grand 50-storey tower in Prabhadevi, the central hub of Mumbai.

Designed for luxurious living with 1,30,000 sq.ft. of lush landscaped gardens,  Vertical, which is currently under construction, is the third tower to be added to the project while the earlier two were completed and occupied in 2012.

The project is easily accessible in the west via the Bandra-Worli Sea Link and centrally via Elphinstone Station, making the site well connected to all parts of South Mumbai and its suburbs.

Rahul Shah, CEO, Sumer Group said, "Sumer Trinity Vertical is a classic project which ensures that luxury meets privacy, with the very first flats located 70 feet above ground level and each floor with 2 spacious 4 BHK apartments only. They can even be combined to give one whole floor, exclusively. For those who are looking for an even higher way of life, the top levels of the tower have been reserved for custom-made duplexes and penthouses."

"Each apartment is aesthetically designed with the finest amenities including large windows and glass balcony railings which ensures unrestricted views, cross ventilation and a flood of natural light," he added.

Each apartment has beamless slabs and an impressive floor-to-floor height of 3.9 mts. Central air-conditioning has been planned along with every other modern service that is available.

Sumer Trinity Vertical has been constructed with special consideration towards world-class leisure facilities, and a seemingly endless list of amenities. With pools of various sizes, a water-play area, a Barbeque area, a jogging track, a children's game zone,  expansive lawns and a tennis court as well as a multi-outdoor sports pavilion, an amphitheatre, recreational areas (outdoor and indoor) for all age groups, including one especially for toddlers.

The personal club house consists of a multi-games court for various sports, a squash court, dance studio, a top of the line gymnasium, a restaurant including a banquet hall, an auditorium lounge with 40 people seating capacity, expansive book and video libraries and an indoor-games room.

Additionally and most uniquely, the clubhouse has six exclusive guest suites for the residents to host and entertain their personal guests. For residents who work from home, a separate business centre will provide the privacy and amenities they require. 

Striking a great balance between lifestyle and convenience, Sumer Group is leaving no stone unturned when it comes to providing their residents with the ultimate living experience. 'Sumer Trinity Vertical' will be ready for possession in 2020.

About Sumer Group: 

Sumer Group was established in 1965 with a vision to build landmarks where people can build the milestones of their lives. It is a vision that has seen them become one of the leading real estate developers based out of Mumbai. Every project is built upon an unflinching commitment to perfection with no room for compromise. 

The group was built on a foundation of the vision of its founder, the late Sumermalji H Shah, who believed in the philosophical values of 'people always come before business' and 'good guys can finish first'. It was his integrity and honesty that has built Sumer into one of the most trusted names in realty today.