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LOCATION ANALYSIS PURVA HIGHLANDS March 2013

Purva Highlands Reviews

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Purva Highlands Reviews and Loctaions with Maps.

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Page 1: Purva Highlands Reviews

LOCATION ANALYSIS – PURVA HIGHLANDS

March 2013

Page 2: Purva Highlands Reviews

Contents

1

2

3

4

5

6

1Bangalore City Overview

2Micro-market Overview

3Key Residential & Commercial Development & Social Infra

Infrastructure Initiatives 4

Location Transition 5

Key Drivers 6

Page 3: Purva Highlands Reviews

Bangalore is amongst the top 10 preferred entrepreneurial locations in the world

Bangalore is also emerging as the top destination for startups in India

Purva Highlands

Hosur Road NICEInterchange

Purva Skywood

Mysore Road NICEInterchange

Silk Board Junction

Sarjapur Rd. Junction

Mysore Road JunctionMarathalli Junction Major Statistics

• Population – 8.9 million (2011)

• Population Density – 11,371 per sq. km.

• Literacy Rate – 80% (2011)

• Investment approved in 2010-11 – INR 27,195 million

KR Puram Junction

Outer Ring RoadYeshwanthpur Junction

Hebbal JunctionTumkur Road NICE

Interchange

City Overview• From being a pensioner’s paradise, the city has transformed

into an established IT/ITeS destination, In addition the city is

well known for its pleasant climate and being the most

cosmopolitan city in the country

• The city witnessed a significant surge in population since

2001. From about 5.7 million in 2001, the population of the

city grew to about 8.9 million people in 2011

• Over the past decade Bangalore has witnessed exponential

growth in the influx of IT/ITeS and BPO firms, this is also

complimented by availability of large talent pool in the city

City Map

In the last decade, the city has

witnessed a remarkable

transition as a major IT/ITeS &

Biotech destination in India

Bangalore City Overview 1

Page 4: Purva Highlands Reviews

Purva Highlands is one among the landmark developments near Kanakapura Road – metro

developments when operational is anticipated to propel capital values and development activities in

the micro-market

Impact of Development

• Going forward, the development is expected to command a

premium – under construction Phase-I metro is nearing

completion and is expected to be operational by end of 2014

will augment significant real estate demand

Micro-market brief – Kanakapura Road• Kanakapura Road is an emerging residential corridor –

location is characterized by presence of independent dwelling

units and mid-large scale layout developments & mid-large

scale apartment developments

• Demand for housing in the micro-market is fueled by limited

housing supply in the neighboring micro-market such as

Bannerghatta Road, Banashankari and JP Nagar

• NICE road has significantly enhanced connectivity to IT hubs

located in Electronic city, Bannerghatta road and Mysore

road.

• Further the under construction metro connectivity is expected

to catalyze significant real estate demand along the corridor

Kanakapura Road - Map

Purva Highlands

Micro-market Overview 2

Page 5: Purva Highlands Reviews

& 3Social Infrastructure

development area Location

300,000 Kanakapura Rd.Mall

Syllabus LocationLakeview

developmentGarden

DPS CBSE

Institute of Engineering Kanakapura Rd.Schools & Colleges

Kumaran

Pu

ICSE MallasandraSchool

Engineering Kanakapura Rd.College

Mantri RoyaleExaltus

Institute of Technology

Prominent Residential Projects

Name of the

development

No.

of UnitsLocation

Sobha Forest View 492 Off. Kanakapura Rd.

Brigade Omega 520 Off. Kanakapura Rd.

The Magic Faraway

Tree144 Kanakapura Rd

Mantri Royale 203 Off. Kanakapura Rd.

Nitesh Caesar ’s

Palace514 Kanakapura Rd.

Mantri Serenity 350 Off. Kanakapura Rd.

Prominent Retail Projects

Name of the Total Built-up

(sq. ft.)Metro Cash & Carry 25,000 Kanakapura Rd.

Gardens Galleria

Prominent Educational Institution

Name of the

KSIT College Engineering Kanakapura Rd.

Off Kanakapura

Rd.Yellama Dasappa

TechnologyKuaran Public

KSIT Engineering

Map capturing residential, commercial & social infrastructure in the micro-market

Gardens Galleria

Mall Under

Construction

Hotel Vaishnavi

MetroCash & Carry

Brigade Omega DPS School

Iskon Temple Khoday

Breweries

Mantri Serenity Mantri Mall -

Planned

340 acre TurhalliForest Area Yellama Dasappa

Sobha Forest View Nitesh Caesar’s Palace

KSIT EngineeringCollege

MallsandraParamountGardens

Judicial Layout

Mantri Hoilday Resort Shriram Symphone

Skyline Vakil

The Magic City KS Grp. of Institutions

ShriramResidential

Farway Tree MahaveerCarnation

Shriram Surabhi

Completed Residential Project

Under Construction Residential Project

Planned Residential Projects

Capital Resort

Purva Highlands

Educational institutes Pu blic School

Hospitals & Medical centers

Retail Hubs

Commercial Development

Hospitality Development

Mapping of Key Residential & Commercial Development

Page 6: Purva Highlands Reviews

Ejunction

Purva HighlandsAnjanapura/NIC

Talaghatapura

Vajarahalli

Krishna Leela Park

Anjanapura Cross

Puttenhalli Station

Proposed Kanakapura Road Widening• In order to ease traffic along the stretch, NHAI has proposed

to widen the 60ft wide Kanakapura road to a 150ft wide four

lane road

• NHAI has issued preliminary notification for land acquisition

for the road widening activity in April 2012. Road widening will

begin from the NICE road interchange and will end at

Kanakapura.

• Road widening will substantially ease traffic – positively

impact the image of the location

NICE Road• NICE Road was built with the objective of developing a high-

speed express corridor between Bangalore and Mysore.

• NICE Road interchange on Kanakapura Road provides

connectivity to major hubs including Electronic city &

Bannerghatta Road in the South and Tumkur Road & Kengeri

in the West

Metro Phase –I & II• Metro Phase – I will be operational by end of 2014 and is

expected to connect up to Puttenhalli on Kanakapura Road

and the extension up to NICE road interchange expected to

be completed by end of 2017

Kanakapura Road Widening – 150 wide

Metro Track alignment

Metro Stations

NICE Road

Infrastructure Initiatives 4

Page 7: Purva Highlands Reviews

E

Kanakapura Road Widening -

Metro Track alignment

Metro Stations

NICE Road

Kanakapura Road 5 years from now is expected to emerge as the Queens Town of Singapore.

This is subject to timely completion of all the proposed and planned infrastructure developments along the

corridor

Purva HighlandsAnjanapura/NIC

junction

Purva Highlands

Talaghatapura

Vajarahalli

Krishna Leela Park

Anjanapura Cross

Puttenhalli Station

Location Transition – 5 Years from now 5

Page 8: Purva Highlands Reviews

Economic Drivers

• Kanakapura Road is an emerging residential market located towards South of Bangalore. Development

activities witnessed along the corridor are primarily residential – location catering to the demand of IT/ITeS

populace working in Electronic city, Bannerghatta Road and Banshankari – connectivity to the location is

complimented by the NICE road

• As per BBMP population data, Anjanapura (Kanakapura Road being a part of Anjanpura) micro-market has

an estimated population of 45,407 people and we anticipate it to rapidly increase in the next 5 years.

• Although the micro-market has limited IT/ITeS development along this corridor – demand is fueled by

infrastructure developments such as Metro & NICE Road

• In addition the location is emerging as a preferred residential destination as it is located away from the main

activity zone – thereby well suited for residential developments

Growth Drivers

• Developments such as Metro Phase – I and extension in Phase – II further towards the NICE junction and the

established NICE road are the major infrastructure activities driving the micro-market. In addition the further

extension of NICE Road to Mysore will play crucial role in fueling real estate demand

• Limited residential activity and spill over of demand in the neighboring micro-markets such as Bannerghatta

road, Banashankari and JP Nagar are expected to drive the next level of growth for residential demand in the

location.

• 5 years from now, Kanakapura Road is anticipated to emerge as the sought after residential micro-market in

the south

Key Drivers 6