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Salaarpuria Sattva presents one of the fastest appreciation properties in Bengaluru, Park Cubix. Located just 10 minutes from the International Airport offers contemporary homes to suit your budget. 1, 2 and 3 BHK well-crafted homes with great amenities, open on two sides, to give great views and natural light. Complete with 2 grand clubhouses for both lifestyle and fitness amenities with more than 50 indoor & outdoor amenities for all age group as well as your pets. Inspired by a vision to provide a healthy lifestyle in a fast-growing area, Park Cubix sprawls over 18 acres and houses 1620 premium homes amidst lush green parks and tree-lined pathways.<br><br>For More Info Visit @ https://www.squareyards.com/realty/salarpuria-sattva-park-cubix-devanahalli-bangalore/
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Salarpuria Sattva Park Cubix Devanahalli,Bangalore WHY SHOULD YOU INVEST IN SALARPURIA PARK CUBIX PROJECT OVERVIEW Spread over an area of 18 acres, Salarpuria Sattva brings to you their latest project-Park Cubix-in Devanahalli, just 10 minutes from the international airport. With a starting price of just over ₹33 Lakhs and an exclusive payment plan, this is your chance to make the right investment. The project offers a price range of ₹33-75 Lakhs approximately Prices inclusive of GST Premium 1, 2 and 3 BHK available from 658 to 1498 Sq. Ft. (saleable) Project offers 80% open space Exclusive Payment Plans Strategically located in Devanahalli, Bangalore’s satellite township Located just 10 mins from International airport 30 minutes from Hoskote Industrial zone, Manyata Tech Park, Whitefield Sports & Outdoor Green Area Club House Fittings & Furshing Specifications PROJECT HIGHLIGHTS Roof top pool Gym, yoga, meditation hall, aerobics hall Multi-purpose party hall, Barbeque area, café, Two clubhouses (32,000 Sq. Ft. & 17,000 Sq.Ft.) Tennis and basket-ball court, Cycling and jogging track, Skating arena Senior citizen amenities: Reflexology walks, leisure seating spaces Commercial zone with multiplex Dedicated Pet zone PROPERTY DETAILS Saleable Area (in Sq.Ft.) Pricing CONFIGURATION 1 BHK ₹33.09 Lakhs 658 2BHK ₹50.13 Lakhs 997 2BHK ₹50.74 Lakhs 1009 3 BHK ₹63.96 Lakhs 1272 3 BHK ₹64.6 Lakhs 1282 Larger 3BHK ₹73.72 Lakhs 1466 Larger 3BHK ₹75.33 Lakhs 1498 * This is the project pricing as on 2 April, 2020 MARKET ANALYSIS-SALARPURIA PARK CUBIX VS OTHERS Salarpuria Park Cubix is the only project in the area that is located right in the middle of a residential zone. Thus, home buyers will get all daily amenities within a walking distance. 1. 2. Most other projects are located towards the KIADB industrial area, and thus residents have to come towards the Devanahalli Town area for their daily needs. Page 1 of 3
Salarpuria Sattva Park Cubix Devanahalli,Bangalore 4. Also, most established developers present in the location such as Prestige and Brigade are already quoting a price close to ₹4200-4400/Sq.Ft. These projects are still at the nascent stages of construction. Salarpuria Park Cubix, on the other hand, is offering similar prices even though the project is expected to give possession much earlier. 5. MICRO-MARKET ANALYSIS- WHY DEVANAHALLI Affordable prices as compared to other parts of the city, good connectivity and proximity to the international airport is driving residential demand in this locality. Connectivity Inventory Outlook Easy connectivity to the international airport, hence scope of capital appreciation in the future Devanahalli bus terminal at a distance of 1 Km Close to the BMRDA Nandagudi Township and the SEZ; Plots 46% Situated at a distance of 30 minutes from the Hoskote Industrial Area; 7 Km from KIADB industrial area Apartments 42% New satellite road to connect the neighbourhood to Doddaballapur Upcoming third phase of Metro to enhance connectivity to all parts of the city Villas 12% Social Infrastructure Property Type Split The area has a well-established social and civic infrastructure. Here is a snapshot of the available amenities in the nearby surroundings 5 BHK 1 BHK 8% 1% 2 BHK 24% 4 BHK 25% Office Hospital Kirloskar Tech Park Manyata Tech Park BR Shetty Hospital Columbia Asia Hospital 3 BHK 42% BHK Wise Split Education Akash International school Nagarjuna College of engineering & technology Mallya Aditi International School Canadian International School ₹0-30 Lakhs 7% Above ₹1 Cr 20% ₹30-60 Lakhs 35% Capital and Rental Trends ₹60-100 Lakhs 38% The current capital values in the location hovers anywhere around ₹4300-5200/Sq.Ft approximately. The locality has already witnessed a capital appreciation of almost 30% in the last three years. This is expected to continue as projects near possession and proposed infrastructure projects gets completed. Rental values for a 2BHK flat in the locality vary from ₹15,000-20,000 per month on an average. Budget Wise Split Scope of Growth There are multiple projects in the pipeline in and around the location. These include an aerospace park, a science park, and a 1000 crore financial city. In addition there are already two IT parks and industrial hubs in the vicinity. Thus, there is not going to be any dearth of residential demand in the future. Once the third phase of metro (airport metro) becomes operational, which will connect Devanahalli to all parts of the city, capital values are expected to shoot up. Thus, investing today will aid you in gaining capital appreciation few years down the line. Page 2 of 3
Salarpuria Sattva Park Cubix Devanahalli,Bangalore ABOUT DEVELOPER Salarpuria Developers is a leading real estate company and was founded in the year 1985 in Kolkata. Salarpuria Builders is known for uncompromising quality and aesthetic excellence. The Salarpuria Group has interests in real estate, construction management, architecture, finance and facility and infrastructure management. The Group strives to offer clearly defined value propositions to its clients along with the best projects. The portfolio of Salarpuria properties encompasses multiple residential projects, IT parks, premium gated communities, retail outlets and business complexes. The company has several global clients in its kitty as well. The company is spearheaded by R.P. Salarpuria who holds office as its Chairman. The company has developed several landmark projects over the years and is now focusing on expanding its presence nationwide. The company has a significant presence in cities like Kolkata, Hyderabad, Pune and Bangalore among others. Website.https://www.squareyards.com/bangalore-residential-property/salarpuria-sattva-park-cubix/15693/project SquareYards RERA Reg.PRM/KA/RERA/1251/310/AG/171114/000400 Project RERA Reg.PRM/KA/RERA/1250/303/PR/171023/001749 PAYMENT PLANS 10:90 Plan In this plan the buyer pays just 10% of the total amount at booking and the remaining 90% is to be paid after 18 months. This is explained in the table below where we have taken the agreement value of a 1BHK unit for calculation: Product Price: ₹33,08,950 Stages of Construction % Due as per CLP Amount (Lakhs) On Booking 10% ₹3,30,895 On or before Oct 2021 90% ₹29,78,055 Total 100% ₹33,08,950 ROI Calculations Net profit and ROI on Selling at Possession Initial Investment Price of Property after 1.5 Years(at possession) @10% Appreciation Per year (F) Remaining 90% Payment at the time of possession (G)= (C-D) Net Profit on Sale of the Property at Possession (J)=(F-E-I) TYPOLOGY GST to be paid at possession (H) Total amt to be paid at possession (I) ROI after 1.5 Years (J/E%) Total initial investment ( E)=(B+D) Price Point (A) GST Amt (B) Agreement Value (C) 10% of AV (D) 1 BHK ₹43,57,561 ₹29,78,055 ₹37,72,780 ₹39,707 ₹33,08,950 3,30,895 ₹3,70,602 ₹3,57,366 ₹33,35,421 ₹6,51,538 176% 2 BHK ₹68,08,659 ₹47,64,343 148% ₹58,94,943 ₹63,524 ₹52,93,714 5,29,371 ₹5,92,895 ₹5,71,721 ₹53,36,064 ₹8,79,700 *For the purpose of ROI calculations, we have considered the actual cost of the units and not the Square Yard rates Page 3 of 3