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Page 1: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 7 Oct, 2015

Page 2: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

What isPROPINSIGHT?PROPINSIGHT?

Price Insight

This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.

Project Insight

This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.

Builder Insight

This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.

Locality Info

This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.

Page 3: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Project Size4 Towers

Configurations2,3 Bedroom Apartment

Possession StartsApr `16

Splendid Group EliteSplendid Group EliteHarlur, Bangalore

36.1 Lacs onwards36.1 Lacs onwardsLivability Score

7.4/ 10

Page 4: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

What isPRICE INSIGHT?PRICE INSIGHT?

Pricing Comparison

Comparison of detailed prices with various other similarprojects

Pricing Trends

Price appreciation and trends for the project as well as the locality

Price versus Time to completion

An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others

Page 5: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Price Trend Of Splendid Group EliteP

rice

(Rs

per

sq ft

)

Splendid Group Elite VS Harlur, Bangalore

3,000 3,000 3,000 3,000 3,000 3,000 3,000

3,300 3,300 3,300 3,300 3,300 3,300

4,825

4,927 4,949 4,929 4,961 4,971 4,992 4,975 5,007 4,997 5,001 5,034 5,049

Elite Harlur

Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '152750

3000

3250

3500

3750

4000

4250

4500

4750

5000

5250

2BHK+2T

1093, 1170, 1182, 1208

3BHK+3T

1365, 1386, 1532

For more information, visit here

Property TypeProperty Type

Area (sq.ft.)Area (sq.ft.)

Page 6: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Price Comparison With Other Projects Similar To Splendid Group Elite

Splendid Group EliteHarlur, Bangalore

Ushodaya Developers AquaHarlur, Bangalore

Suvastu Suvastu SereneHosa Road, Bangalore

Primary Purchase Price 3,300/sq.ft. 3,500/sq.ft. 3,250/sq.ft.

Advance MaintenanceCharges (Month)

N.A. Rs. 6 (One time) N.A.

Car Parking Charges N.A. Covered : Rs. 1.5 Lacs (One time) N.A.

Power Backup Charges N.A. N.A. N.A.

Club House Charges N.A. N.A. N.A.

*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here

Page 7: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Price Versus Time-To-Completion

Splendid Group Elite's current price is Rs. 3300/sq. ft. and it is in Under Construction stage.

In comparison to locality, Splendid Group Elite is underpriced by Rs. 1768.75/sq. ft.

Highest price in the locality is for RBD Shelters Stillwaters Villa at 6336/sq. ft. and it is in Under Construction stage.

Lowest price in the locality at Splendid Group Elite at 3300/sq. ft. and it is in Under Construction stage.

Bui

lder

Pri

ce (

Per

Uni

t Are

a )

Current status of projects in 5 km vicinity of Splendid Group Elite

Splendid Group Elite Zonasha Estates Elegance RBD Shelters Stillwaters Apartments Nishant Group Prive RBD Shelters Stillwaters Villa Zonasha Estates VistaDonata Bliss Puravankara Purva Skydale Inner Spaces Leafy Blocks Frontier Shelters Heights Greystone Homes LLP Mirror On Water

New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in3000

3500

4000

4500

5000

5500

6000

6500

For more information, visit here

Page 8: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Demand Comparison With Other Projects Similar To Splendid Group Elite

AnalysisAnalysis

Elite has 18.07 % demand amongst all projects in Bangalore.

The highest demand 55.39% in Bangalore is for Elegance.

The lowest demand 10.29% in Bangalore is for Silver County Dem

and

Demand of projects in 5 km vicinity of Splendid Group Elite

18.07%

55.39%

16.25%10.29%

Elite Elegance Stillwaters Apartments

Silver County0%

25%

50%

75%

Dem

and

Demand in popular localities of Bangalore

2.28%

12.20%

8.76%

5.35%4.32% 4.31%

Harlur KR Puram

Electronics City

Begur Bellandur Whitefield Hope Farm

Junction

0%

5%

10%

15%

AnalysisAnalysis

Harlur has 2.28 % demand amongst all projects in Bangalore.

The highest demand 12.20% in Bangalore is for KR Puram.

The lowest demand 2.28% in Bangalore is for Harlur

For more information, visit here

Page 9: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others

Basic Details Comparison

A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects

Amenities Comparison

A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects

Page 10: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Splendid Group Elite Comparison With Other Similar Projects

Splendid Group EliteHarlur, Bangalore

Ushodaya Developers AquaHarlur, Bangalore

Suvastu Suvastu SereneHosa Road, Bangalore

Livability Rating* 7.4/10 7.2/10 7.1/10

Safety Rating* N.A. N.A. N.A.

Builder Splendid Group Ushodaya Developers Suvastu

Locality Harlur, Bangalore Harlur, Bangalore Hosa Road, Bangalore

Number of Towers 4 3 2

Project Land Area N.A. 0.7 Acres 1 Acres

*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more

*Safety rating is provided on the basis of safety pin data

For more information, visit here

Page 11: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Splendid Group Elite Comparison With Other Similar Projects (Continued ...)

Splendid Group EliteHarlur, Bangalore

Ushodaya Developers AquaHarlur, Bangalore

Suvastu Suvastu SereneHosa Road, Bangalore

Part of Township No No No

Average Flats Per Floor 4.75 7 9.5

Loading Percentage N.A. N.A. N.A.

Launch Date Sep `14 May `14 May `12

Possession Date Apr `16 May `16 Sep `15

Delay On time 8 month(s) 9 month(s)

For more information, visit here

Page 12: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Common AmenitiesGymnasium Swimming Pool Children's play area Club House Intercom 24 X 7 Security Power Backup

Landscaped Gardens

Amenities not available in anyproject

Cafeteria Golf Course Maintenance Staff

Amenities Comparison Of Splendid Group Elite With Other Similar Projects

Splendid Group EliteHarlur, Bangalore

Ushodaya Developers AquaHarlur, Bangalore

Suvastu Suvastu SereneHosa Road, Bangalore

Sports Facility

Multipurpose Room

Indoor Games h h

Car Parking

Jogging Track

For more information, visit here

Page 13: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder

Builder Profile

A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.

Delivered Projects

Info about top projects that have been delivered by builder in thepast, their date of delivery etc.

Under-Construction Projects

Info about top under-construction projects of the builder along withtheir price appreciation trends

Page 14: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Experience 13 Years

Project Delivered 7

Ongoing Projects 2

Overview Of Developer (Splendid Group)

Splendid Group is a leading real estate company, based in Bengaluru and focuses primarily on

offering efficient housing solutions to customers. The portfolio of property by Splendid Group majorly

includes innovatively designed community housing projects that are reflective of out-of-the box

thinking and creativity. Splendid Group is spearheaded by its Managing Director and founder, Mr.

Ram Mohan Vora. The company also focuses on interior design, quality, workmanship and proper

execution. Apart from residential projects, the company also works on commercial projects across

several categories and types.Unique Selling Point:Unique Selling Point:

The USPs of the company includes integrity and trust, in addition to long-standing customer

relationships. The company is experienced in building innovative and functional urban housing

projects and offers timely project delivery and top-class structures. Quality is taken very seriously and

the company seeks to offer heightened value appreciation of properties to customers, too. The

company also endeavors to make home loans easily available for customers.Landmark Projects:Landmark Projects:

Splendid Elite is a landmark project developed by the company in Bengalore and comes with well-

designed 2 and 3 BHK apartments, sized between 1,093 and 1,532 sq ft on an average. The project

consists of 76 units and offers several amenities. The project lies in close proximity to several

business hubs, schools, hospitals and shopping centres.

Splendid Skyline is another landmark project developed by the company in Bengaluru and offers

luxuriously designed 2 and 3 BHK apartments with multiple amenities. The project is a heady mixture

of both style and functional comforts. The living environment is peaceful and nature-friendly. The

project consists of 54 units and average home sizes range between 1,000 and 1,637 sq ft here. The

project spreads over an area of 0.8 acres and is well connected to all important destinations in

Bengaluru.

Page 15: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Top Projects Delivered By Splendid Group

Splendid Group SkylineSplendid Group SkylineKudlu, Bangalore

Livability Score

Project was delivered on Nov, 2014

Splendid Group RoyaleSplendid Group RoyaleHSR Layout, Bangalore

Livability Score

Project was delivered on Mar, 2013

Splendid Group Mythri SapphireSplendid Group Mythri SapphireJP Nagar Phase 7, Bangalore

Livability Score

Project was delivered on Jun, 2012

Splendid Group EternitySplendid Group EternityKR Puram, Bangalore

Livability Score

Project was delivered on Apr, 2014

For more information, visit here

7.2 6.4

6.2 5.9

Page 16: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Projects Under Construction By Splendid Group

Splendid Group EliteSplendid Group EliteHarlur, Bangalore

Livability Score

Project is expected to be delivered on Apr, 2016

Has seen a price appreciation of 10 % 10 % over last 13 month(s)13 month(s)

Splendid Group Lake DewsSplendid Group Lake DewsBegur, Bangalore

Livability Score

Project is expected to be delivered on Dec, 2015

after a delay of 7 month(s).

For more information, visit here

7.4 7.2

Page 17: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality

Page 18: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Play Schools Near Splendid Group Elite, Bangalore

Play SchoolsPlay Schools

11 Purple Bear International PreSchool and Day Care 3.38Km3.38Km

22 Srishti Montessori 1.68Km1.68Km

33 Little Champs Preschool 2.17Km2.17Km

44 Kara 4 Kids 3.55Km3.55Km

55 Siksha - Montessori House ofChildren 3.15Km3.15Km

Top 5 Play Schools (within 5 kms)Top 5 Play Schools (within 5 kms)

EE Represents the location ofSplendid Group Elite

For more information, visit here

Page 19: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Schools Near Splendid Group Elite, Bangalore

SchoolsSchools

11 Oxford Public School 4.45Km4.45Km

22 GVS English school 3.36Km3.36Km

33 St. Peters School 2.38Km2.38Km

44 VIBGYOR High School 1.18Km1.18Km

55 Sorsfort International School 4.64Km4.64Km

Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)

EE Represents the location ofSplendid Group Elite

For more information, visit here

Page 20: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Restaurants Near Splendid Group Elite, Bangalore

RestaurantsRestaurants

11 Kuttanadu Restaurant 4.03Km4.03Km

22 McDonalds 3.67Km3.67Km

33 Ambur Biryani Center 3.11Km3.11Km

44 The Moghul's 3.27Km3.27Km

55 Hotel Anugrah 4.50Km4.50Km

Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)

EE Represents the location ofSplendid Group Elite

For more information, visit here

Page 21: PropInsight - A detailed property analysis report of ... · Elite has 18.07 % demand amongst all projects in Bangalore. The highest demand 55.39% in Bangalore is for Elegance. The

Hospitals Near Splendid Group Elite, Bangalore

HospitalsHospitals

11 Motherhood Hospital 2.43Km2.43Km

22 Greenview Medical Center 4.07Km4.07Km

33 Annayya Health Care 4.01Km4.01Km

44 McDonalds 3.67Km3.67Km

55 Narayana Health Hospital 2.87Km2.87Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

EE Represents the location ofSplendid Group Elite

For more information, visit here