About Pashmina Waterfront
Pashmina Waterfront is a lifestyle residential community spread across 16 acres with 600 apartment units. The project features three side open apartments with no common walls providing for good ventilation, breeze and privacy. The project also abuts the 12 acre Battarahalli Lake, and there is a lake facing walkway for residents. In addition to these there are numerous lifestyle amenities offered in the project.
The construction of the project is being handled by Shapoorji & Pallonji, one of the most respected construction firms in India.
Pashmina Waterfront - Project Analysis
- Approvals status: All approvals received
- Demand analysis: The demand for projects in Old Madras Road has been good, however, given numerous projects in the area and the addition of recent launches in Budigere Cross the supply is exceeding the demand. However, since this project is located next to KR Puram it is expected to have good demand.
- Amenities:The project amenities include two swimming pools, one toddler’s pool, badminton court, baseball court, skating rink, lawn tennis, Jacuzzi, rock climbing wall, senior citizen’s area, children’s play area, lake facing walkway, etc
- Any drawbacks?: There is a case pending against the initial portion of the land.
- Public feedback about the project: The feedback from public and customers were generally focused on two core issues. One was with respect to the litigation on the land and the other was relating to promises made by developer with respect to certain special amenities or features
- Special attractions of this project (USP): The special features of the project include the lake-facing walkway where residents can enjoy lake view and breeze within the community. Apart from this there are several high-end lifestyle amenities, sports facilities and scope for other recreational activities
Payment Details of Pashmina Waterfront
- Payment schedule:
- On Booking: Rs.5,00,000
- Within 30 days of booking: 20% of Agreement Value less Booking Amount
- On Completion of Lower Basement Slab: 6%
- On Completion of Upper Basement Slab: 5%
- On Completion of Plinth: 5%
- On Completion of Floor Slab : First: 5%
- On Completion of Floor Slab : Fourth: 5%
- On Completion of Floor Slab : Eighth: 5%
- On Completion of Floor Slab : Twelfth: 5%
- On Completion of Floor Slab : Sixteenth: 5%
- On Completion of Floor Slab : Twentieth: 5%
- On Completion of Floor Slab : Twenty-fifth: 4%
- On Completion of Floor Slab : Twenty-eighth: 4%
- On Completion of Floor Slab : Thirty-First: 4%
- On Completion of Floor Slab : Terrace: 4%
- Before Handing Over + Other Charges: 5%
- Note: Since the project is approaching possession stage the current payment schedule may differ
Note: The project has approximately 38 units per acre which indicates low density of units and more space