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Page 3 Realty Reality
Page 4
Project Brief
Page 12
Project Progress
Page 2
From Editor’s
Desk
Page 1
From CRM’s Desk
Page 14-15
Golden Projects
In this issue
Page 5-11
Project Update
Page 13
Golden Times
From CRM’s Desk
- CRM Golden Gate Group
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Golden Gate has been in the industry for close to two decades now. The journey has been full of passion, milestones and long-standing associations. It has been exciting as well as rewarding; rewarding primarily because of our valued clientele.
At Golden Gate, we follow the best practices and deliver the best to our customers. In turn, every sign of satisfaction makes us more inclined towards maintaining highest standards of construction and service. In ‘The GOLDedge’, designed to inform and enchant, you can have a glimpse of how the ‘Golden’ project you put your trust in, has developed during the last month. We value our association with you as you drive us ahead to meet all your expectations and exceed too. Do stay in touch with us to share your opinions and suggestions, and help us excel in this endeavour. We are all ears! Always! We are pleased to inform you that the construction of Tower 2 is in full swing. At the moment, the 1st floor slab is in completion. We request all residents of Tower 2 to inform their respective banks to disburse the payment by 12th May 2015.
Golden Gate has steadfastly remained committed to providing homes to the discerning and quality loving customers; homes where people love to live in as well as witness great appreciation in value over the years. This April saw the launch of another prestigious layout project Golden IRA, by Golden Gate, through its sister concern, Bhagyalakshmi Homes LLP. Golden IRA, just 30 minutes from Hebbal and on the Yelahanka-Doddaballapur expressway, offers customers a unique opportunity to invest and benefit from all that is happening in this area, dubbed as the new Yelahanka in making.
As far as the housing sector is concerned, the year started on a pleasant note with RBI cutting the interest rates on home loans. A lot more people will now be eligible for loans and easy instalments. And since this development is all about the benefit of people, the insights around it were ought to make it to our cover story! Go through the important details in the ‘Realty Reality’ section. The inside pages also present the impressive progress of the project you have lovingly chosen for your cherished dream home. We are also pleased to share the details of our other on-going projects, just in case, you don't want your friends to miss out on them. We hope you enjoy browsing through The GOLDedge!
From Editor’s Desk
The GOLDedge is published by
Corporate Communication Division of Golden Gate Group
COMMUNICATION EDITOR: Minoo Dhariwal
CREATIVES: B. S. Shashidhar Raghu
PHOTOGRAPHY: Vikram
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Realty Reality
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to affordable housing. The positive impact of this measure is for the borrowers, because they have been finding it difficult to manage the initial down payment. Earlier they were required to meet stamp duty and registration charges which normally go up to about 15 percent of the cost of the house. Many of them will now become eligible to get a loan and buy their dream homes too. Almost immediately after this move, public sector banks cut their base rate by 25 basis points to 10%. This has made floating loan rates in these banks cheaper Inflation is at an all-time low and there is growing evidence that RBI will further oblige to the growing clamour for a rate cut. Interest rates are primarily linked to the Reserve Bank of India's (RBI) liquidity moves, and rise and fall according to the monetary stance of the Central Bank and there is an imminent possibility of home loan rates coming further down in the next few months.
NEW RBI HOME LOAN GUIDELINES LEAD TO AFFORDABLE HOUSING
During the end of last year, something interesting happened in the home loan segment. Not many noticed, since it was not aggressively marketed, but a clutch of prominent banks like HDFC, ICICI, Axis and SBI launched fixed rate home loan products. Traditionally, home loans are floating, which means they are pegged on the current interest rate regime prevailing in the country. In a floating rate, the rate of interest changes with a change in the base rate. A customer's monthly instalment in this case would go up or down with any corresponding change in a bank's base rate. On the other hand, fixed interest rate means the amount of interest charged on the loan never changes; not even if economic conditions change or if the central bank raises or lowers its interest rates. This means a person will have a fixed outgo in terms of monthly instalments. The question now arises as to why banks would suddenly want to offer a fixed rate for home loans when they prefer floating rates. This is due to several reasons, minor among which is the current housing loan growth. Growth in the home loan segment has been sluggish as a slow GDP growth, rising inflation and high borrowing costs have hit the real estate market. Banks now want to sweeten the deal for customers by providing an interest rate that is not very high and also shield them from the volatility of interest rates. To everyone’s surprise, at the beginning of the year, the RBI eased the norms for home loans for up to Rs. 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit, giving a boost
Project Brief
,true to its name, offers uninterrupted, panoramic views of the scenic, undulating terrain spread across 5 acres of land. With the size ranging from 1210 to 3360 sqft, these are 335 units of 2, 2½ & 3 & 4 BHK luxurious apartments and penthouses that are perfectly located just off Kanakpura Road. A great value for money and a greater home to make your life, picture perfect, Golden Panorama is for everyone who is looking for an eco-friendly luxuriant living.
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ELEVATION NIGHT VIEW
CLUB HOUSE (POOL)
CLUB HOUSE (ENTRY)
GRAND ENTRANCE
Project Update
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TOWER 1 – WEST VIEW
TOWER 1 - SOUTH VIEW
Project Update
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TOWER 2 - SOUTH VIEW
TOWER 2 - NORTH WEST VIEW
Project Update
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TOWER 3 – NORTH VIEW
TOWER 3 - SOUTH VIEW
5th
Project Update
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TOWER 5 - NORTH VIEW
TOWER 4 - NORTH VIEW
Project Update
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TOWER 4 & 5 - NORTH WEST VIEW
TOWER 4 & 5 - SOUTH VIEW
Project Update
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TOWER 5 BASEMENT
TOWER 5 BASEMENT RAMP
Project Update
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NORTH VIEW
PANORAMIC VIEW
TOWER PROGRESS
Tower 1 1st Floor slab is in completion
Tower 2 1st Floor Mivan Shuttering in progress
Tower 3 1st floor Mivan shuttering in progress
Tower 4 Terrace floor in completion; parapet wall in progress
Tower 5 Terrace floor in progress
Project Progress
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TOWER MILESTONE
Tower 1 2nd floor slab will be completed
Tower 2 1st and 2nd will be completed
Tower 3 1st and 2nd floor will be completed
Tower 4 Lift machine room will be completed above the terrace floor
Tower 5 Lift machine room will be completed above the terrace floor
Golden Times
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Participation at THE HINDU EXPO MANYATA TECH PARK – April 10-12th
Organized Relationship Meet at Golden Corner on April 5th
Organized a Corporate Meet for Employees at Infosys, Mangalore on April 7-8th
GOLDEN GATE EVENTS & ACTIVITIES
Golden Projects
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THE PRESIDENTIAL TOWER (NORTH BANGALORE)
YESWANTHPUR Bangalore’s tallest 50 level residential tower has exceptionally well-designed 3 and 4 bedroom apartments for the accomplished and the discerning. The exclusive 4 and 5 bedroom duplex Sky Villas on the top four floors offer breathtaking views of the city. There is a Skypark on the terrace with an infinity pool, a fitness center and an envious list of lifestyle amenities. Located at the heart of a power hub and luxury destinations with Taj Vivanta, Sheraton Hotel, World Trade Center and the ever-famous Orion Mall in close proximity, Presidential Tower is an unrivalled sublime expression of class and luxury.
Specifications | Plans | Skypark | Location | Amenities | Club House | E-Brochure |Price List
GOLDEN HOMES PHASE III (SOUTH BANGALORE)
SARJAPUR ROAD ATTIBELE CIRCLE Better known as Liberty Acres, these heavenly villas will embellish your life with beautifully landscaped parks, blissful water bodies and most modern lifestyle amenities. The elegant design and thoroughly detailed planning make these homes, an integrated housing as well as a smart investment avenue.
Price Sheet | E-Brochure | Plans | Amenities | Specifications | Direction
HANGING GARDENS (NORTH BANGALORE)
OPP MANAYATA TECH PARK, HEBBAL Motivated by one of the Seven Wonders of the World, this is a glorious and an artful tribute to a rich past and a prosperous future. These are fully air-conditioned signature apartments blessed with private Sundecks to create an environment-friendly, residential paradise that provides luxury with a conscience. Enticing outer spaces with an exclusive 11,000 sqft club house and temperature-controlled pool, clubbed with enchanting interiors and irresistible private gardens, Hanging Gardens is a pure extravagance.
E-Brochure | Specifications | Project Overview | Master Plan | Amenities | Price List
Golden Projects
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ORCHIDS (NORTH BANGALORE) THANNISANDRA ROAD, BEHIND
MANYATA TECH PARK Launched in 2013, Orchids is a spacious, luxurious, visually appealing, IGBC GOLD rated green residential apartment complex, meant for inclusive living. With 167 luxury 2 / 3 / 4 BHK apartments and penthouses having a design that flows from 'outside' into the 'lively and vibrant apartments and common spaces‘ inside, Orchids is a tribute to the yearnings of a tired and isolated city soul. E-Brochure | Price Sheet | Specifications | Features
| Amenities | Plans
THE COMMUNE (SOUTH BANGALORE) CHANDAPUR ANEKAL ROAD
The Commune is just the sort of luxury a first-time buyer would have dreamt of. It is a self-sufficient, sustainable community spread in more than 5.35 acres with a range of designer yet affordable 1, 2 and 3 BHK homes . It is just 10 minute drive from the Electronic City and well connected to the City via the elevated expressway as well as NICE Corridor.
Price Sheet | Specifications | Elevation | Plans
GOLDEN IRA (NORTH BENGALURU) DODDABALLAPUR ROAD
A 48 acres Premium Serviced Villa Plotted Development, Golden Ira is meant to offer you not just a piece of land, but a piece of paradise! Having an eco-friendly self-sustainable design, its uniqueness lies in the classic, ethnic architecture blended perfectly with modern amenities. Owing to the fast-paced development in the region, Golden Ira is sure to multiply your joy today and be a great investment for tomorrow.
E-Brochure | Price Sheet | Specifications | Features | Amenities | Plans
GOLDEN GATE GROUP Golden House, #820, 80 Feet Road, 8th Block, Koramangala, Bangalore - 560 022, Karnataka, INDIA. www.ggproperties.com | www.goldenpanorama.in
For CRM related queries/suggestions, call 88802 22777 extn2 / +91 92434 45353 / [email protected] For feedback / suggestions, write to us at [email protected] For project related enquiries, reach us at 080-6791 5627 or [email protected]
