- Sraddha Lake Front by Sraddha Builders is being developed on a 2 Acre plot and is located off the Hoodi - Sadarmangala Rd in Hoodi.
- The subject property is ready to move in.
- The subject property is overlooking the Sadarmangala Lake, and is located in close proximity to the ITPL.
- The Project comprises of 2 tower of G+3 floors in height, consisting of 104 units, offering 2 & 3 BHK configurations, ranging from 1105 Sft to 1695 Sft.
Approval Status: All approvals in place
- The subject property is being developed on a 2 acre land parcel, located off Hoodi-Sadarmangala. The residential development has been divided into 2 blocks, with block 1 located towards the North and consisting of 18 residential units per floor, while block 2 is located towards the south, consisting of only 8 units per floor.
- The layout of block 1 appears to be congested, as the developer has attempted to accommodate as many units as possible, resulting in apartment number-3, 5, 14 and 16 practically being blocked from all 4 sides as they are located centrally. This will hinder the air ventilation for residents of these units as well as restricting the availability of sunlight available to them.
- Block 2 has a relatively better layout, as it consists of only 8 units per floor, with each unit having at least one side open.
- The Sadarmangala Lake is located East of the project, though only residents of units located on the Eastern perimeter and of higher floors, will be able to have a view of the lake.
- Given the relatively small land parcel, the size of amenities has been compromised and the developer. The swimming pool and the childrens play area are to be developed on the Northern end of the project, while the badminton court and the tennis court will be developed along the Eastern boundary of the project.
- Though possession has been handed over, none of the above mentioned amenities have been developed yet, something potential buyers must be wary of and must appraise.
Amenities: Club House, Library, Badminton Court, Tennis Court, Childrens Play Area, Jogging Track, Gym, Swimming Pool, Multi-purpose Hall, Indoor Games, Intercom Facility, Garden, Skating Rink
Special Attractions of the Project (USP):
- The subject property is overlooking the Sadaramangala Lake, providing residents with a serene view of the same, as well ensuring a high aground water level.
- The subject property is ready to move- ideal for buyers who are looking for immediate occupancy, and has vaastu compliant units with no common walls.
- The project is also located in close proximity to commercial hub of Whitefield, being less than 7kms away from the ITPL.
- The immediate neighborhood is not as densely populated as some other residential hubs-providing residents with more privacy and exclusivity.
The property has already been constructed, hence payment will have to be made in lump sum
Car Parking - INR 200,000
Amenities - INR 100,000
BWSSB/KEB - INR 125/ Sq.ft
Generator Back up & Intercom Charges - INR 25,000
VAT - 5%
Service Tax - 3.6%