HOME > BUSINESS > Brigade Group announces new villa project in Devanahalli in Bangalore

Brigade Group announces new villa project in Devanahalli in Bangalore

brigade

Brigade Group, one of the biggest developers in Bangalore, announced a new villa project at Devanahalli, near the ‘new’ Bangalore Airport.

The project, called Atmosphere, offers 4 bedroom signature villas with sizes ranging from 3010 sq.ft to 3410 sq.ft, the company said.

“The project aims to bring back the concept of courtyard homes, a way of life long forgotten. This unique project will have 109 courtyard villas spread across 18 acres of picturesque landscape.”

A cluster of 8 villas will surrounding a beautiful courtyard and a series of such clusters will be connected to a central Boulevard.

“The unique cluster layout ensures optimal utilization of space for recreation while creating a sense of intimacy and harmony.”

The project will have amenities like a convenience store, multi-purpose hall, health club, Swimming Pool, library, amphitheatre, gymnasium, children’s play area, billiards, table tennis and basketball courts.

According to Mr. Om Ahuja, CEO-Residential, Brigade “Brigade Atmosphere is truly a unique Villa project in North Bangalore. We at Brigade have brought back the concept of courtyard homes that faded into oblivion due to urbanization. Each cluster of villas along with the social amenities will act as a keystone of community living.”

The project is the latest premium offering from real estate developers.

The real estate market in India has, over time, ended up focusing more and more on higher-cost and luxury segments due to the rising prices of property. Given that an ‘average’ flat in Bangalore costs upwards of Rs 60 lakhs, developers are investing more to make their properties top class.

Bangalore is the only major market in India that is still growing.

Follow ULTRA.news
Nila Infrastructures to construct 3,152 flats for Rajasthan government Nila Infrastructures Limited said it got a contract worth Rs 107.3 cr from Jodhpur Development Authority to create 3,152 flats in Barli.The Company will also get 7.5 acres free of cost that can be sold or developed.The township, to be completed in four years, comprise 2...
Indiabulls Real Estate on the mend post demonetization hit – Fitch Fitch Ratings affirmed property developer Indiabulls Real Estate Limited's Long-Term Foreign-Currency Issuer Default Rating at 'B+' with a 'stable' outlook, noting that conditions for the real estate developer are improving."The Stable Outlook reflects the recovery in IBREL'...
Piramal Enterprises invests Rs 280 cr in Thane real estate project by Puranik Piramal Enterprises Limited said it will invest Rs 280 crore in Puranik Builders' “Puranik City Reserva” project in Thane. The investment, routed through Piramel Finance, will be modeled on the ‘financial partnership’ model, it said.Puranik City Reserva is a theme-based ...
Godrej Properties starts 4.5 mln square foot project in Pune Godrej Properties Ltd, one of the few real estate players still actively launching new projects, announced the beginning of a new project in Pune.It said it will develop a residential project on approximately 59 acres in Mamurdi, West Pune, within the municipal corporation l...
Godrej Properties ties up with Manyata for Bangalore real estate project Mumbai-based Godrej Properties Limited said it will co-develop a residential project in Sarjapur in Bangalore in association with Manyata, a local developer.It signed a Development Management Agreement with Manyata Developers Private Limited to develop a group housing projec...
Piramal Enterprises enters the retail housing finance business Piramal Finance Limited (PFL) has entered the retail housing finance business.It is part of $1.3 bln Piramal Enterprises, one of India’s large diversified companies, with presence in pharmaceuticals, and financial services.The housing finance venture has been floated thro...
Motilal Oswal raises Rs 1,030 cr for investing in real estate Motilal Oswal Real Estate (MORE), the real estate arm of Motilal Oswal Private Equity said it raised Rs 1,030 cr under its India Realty Excellence Fund III.The strong inflow suggests continued investor appetite for investments into companies dealing in this sector despite a ...
K Raheja Corp, GIC buys Siemens building in Worli for Rs 610 cr Capital equipment maker Siemens today said it has transferred its lease for its Worli building to a joint venture K. Raheja Corp Group and GIC, Singapore for a consideration of Rs 610 cr.The deal was originally announced in December and is one of the biggest land deals in In...
Govt to give subsidy of Rs 2.5 lakh per flat; free land to builders Central Government will give up to Rs 2.5 lakh as interest subsidy for people who take home loans to purchase their house under the Pradhan Manthri Awas Yojana, said Minister of Housing & Urban Affairs Hardeep Singh Puri.He also revealed plans to hand over government land t...
Godrej Properties, Nirmal to co-develop huge project in Thane West Mumbai-based real estate company Godrej Properties said it has signed a joint venture agreement with Nirmal Ventures, also based in Mumbai, for developing a residential project in Thane.The project, located on the Lal Bahadur Shastri (LBS) Marg, Thane West, will be developed...
Mumbai-based developer Capacite to raise Rs 400 cr in IPO Mumbai-based real estate developer Capacit'e Infraprojects has priced its initial public offer at Rs 245-250 per share.The company said it will open its Rs 400 cr IPO on Wednesday, Sep 13 and close it on Sep 15.Up to 50% of the issue will be allocated to institutional inv...
Godrej Properties announces new projects in Bangalore, Gurgaon Real Estate developer Godrej Properties said it kicked off two new projects -- both residential apartments -- in Gurgaon and Bangalore.The Gurgaon project is is of 98,000 square meters or 1.05 million sq. ft., while the Bangalore project will add 58,000 square meters of salea...
IT woes to bring down real estate rentals in Bangalore, IT hubs With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents...
Godrej Properties enters Sohna market in NCR Godrej Properties Ltd announced its first project in Sohna in the National Capital region.The project, which involves approximately 157,000 square meters (approximately 1.7 million sq. ft.) of saleable area , will be located in Sector 33."This project will offer and will...
Demonetization hits real estate builder prices, but not resale flats – report Demonetization of 500- and 1000-rupee notes hurt the real estate sector in North India, while its impact on the sector in South India was negligible, according to Magicbricks’ PropIndex for Jan-March 2017.The report, brought out by the eponymous real estate classifieds site, ...
Airports Authority identifies eight airports for real estate development The Goa Airport operated by AAIAirports Authority of India said it has identified eight airports where it intends to carry out commercial real estate development once the government relaxes the relevant rule.The airports are Lucknow, Kolkata, Amritsar, Varanasi, Bhubanes...
Pune, Western Maharashtra emerge as air pollution hotspots in India Air pollution, particularly levels of Nitrogen Dioxide and Sulfur Dioxide, rose sharply in towns and cities in Western Maharashtra in 2016, according to data from the National Air Quality Monitoring Programme of India.Though 2016 saw a worsening of air quality across the coun...
Is Bangalore safe for women? Ask me, I’m a Bengaluru hudugi It's amusing to see men from Bangalore share posts on Facebook about how Bangalore is a safe city. And that, what happened on New years' was just alcohol-induced.Firstly, dear men of Bangalore, hold that thought. Would you care to ask a woman how she feels, before you pos...
What Demonetization? Godrej Properties sells 300 flats in Pune in 2 months Godrej Properties said it has sold over 300 out of the 400 apartments put up for sale at its Godrej Greens project in Pune.The sale comes in the backdrop of a slow real estate market complicated by a recent crackdown on 'black money' or tax evasion. The crack down was widely...
Mumbai’s Viviana Mall installs India’s largest rooftop solar plant Viviana Mall in Mumbai has installed one of the largest single-site solar plants in India.The mall, located in Thane, has constructed a 900,000 volt-ampere rooftop solar power plant, which the company said was the biggest in India.900,000 volt-ampere refers to the peak ca...