Orchid Footprints is an apartment project located off Thannisandra Road. The project consists of 182 units and the total land area is 1.25 acres. The location is a 10 minute drive from Manyata Tech Park and close to the Bangalore International Airport. A number of new projects from other top developers is seen in its vicinity. Footprints is expected to be ready within the first quarter of 2016. The construction is being carried out by GDCL (Gannon Dunkerley Corporation Ltd.).
- Approvals status: BBMP approved
- Demand analysis: The project is expected to have good demand given that its positioned to attract the value housing segment.
- Layout analysis: The layout of the project provided for ample open spaces, a 200 metre drive way for easier vehicular movement and open spaces around amenities to accommodate sufficient number of residents.
- Amenities: The project features a 1000 sft swimming pool with a spacious deck, gymnasium, a 1427 sq ft party hall that can hold 60-80 guests and game rooms
- Payment schedule: The payment schedule below is for Block A of the project. For Block B, C and D the initial booking amount and payment on agreement signing are the same. The stage-wise payments vary depending on the number of floors
- On Booking: 5% of sales value
- On Signing of Agreement: 15% of sales value
- Stage-wise payments: 5% for each stage from basement slab to 10th floor slab
- Stage-wise payments: 10% each for floors 11 & 12
- Handing Over: 5%
Apart from the above there would be additional costs for electricity/water charges, generator charges, legal fees, stamping charges, maintenance charges and corpus fund deposit.
- Additional Charges:
- Floor Rise Charges: Rs.25 per floor (from 4th floor onwards)
- Premium/Corner/Swimming Pool Facing Rs.100 per sft
- Open Car Park Rs.2,00,000
- Special attractions of this project (USP): The project is aimed at providing accessible homes, which are well-designed and functionally optimized. The quality of homes and amenities is comparable to other premium projects.