Samruddhi North Square has Twin Towers located off Bellary road comprising of 148, 2 & 3 bedroom apartments in a 2 acre property. It is 30 minutes drive from MG road and a 10 minutes drive from Manyata Tech Park. The apartments are laid out with attention to detail, aesthetics, convenience and modern comforts.
- Approvals status: BBMP.
- Demand analysis: Samruddhi North Square is located on Kogilu Road, which is off Thanisandra Road, a fast-growing locality in North Bangalore. A greater interest in Thanisandra Road and Hennur Road is driven by investment interest on one hand and end-user interest on the other given the proximity to IT-ITES developments such as Empbassy Manyata Business Park, Kirloskar Business Park and other commercial developments around Hebbal.
- Floor plan design analysis (pros and cons):
- Layout analysis: The project layout is optimized to provide ample space to cater to mid-segment customers at an affordable price.
- Amenities: Clubhouse, Gym, Children's Playground, Swimming Pool, Snooker, Table tennis, multipurpose hall, convenience store and landscaping with water bodies
- Best towers and best units: The corner units would have the best ventilation, although it comes with a premium charge. Currently the main access road has moderate traffic, however in future we anticipate higher traffic which may cause noise and dust for the flats close to the entrance.
- Any drawbacks?: The social infrastructure in the locality is in early stages of development.
- Project specifications review: Samruddhi North Square has vitrified flooring for the entire flat, and some bedrooms have a wooden flooring option. The project will have Kohler brand for sanitary fittings and accessories. Overall, the specifications appear to be of good quality.
Booking Amount: Rs.200000
On Agreement: 20%
On Footing: 15%
Stilt Floor Slab to 10th floor slab: 60% (10% each for stilt, 2nd, 4th, 6th, 8th and 10th floors)
Floor Rise Charges: Up to 4th floor: No charge
5th to 7th floor: Rs.25/sft/floor
8th to 10th floor: Rs.50/sft/floor
Premium Charges: Rs.100 per sft for corner units
Other Charges: Statutory charges, utility deposits, maintenance charges, etc
- Public feedback about the project: The public feedback was neutral to positive on this project.
- Special attractions of this project (USP): Samruddhi North Square has ample space and beautiful landscaping. There are no common walls and units have good ventilation and sunshine.