- Chourasia Manor Phase 2 by VKC Developers is being developed on a 2 acre land parcel in Panathur, a prominent residential hub that is located in close proximity to the Outer Ring Road and the business parks that have been developed around it.
- The project is located off the Panathur Main road and will have access from the Vidya Vikas School Road.
Cessna Business Park and the Outer Ring Road is approximately 1 Km away.
- The project is surrounded by several upcoming/completed residential projects, with phase 1 of the project also located diagonally across the road, towards the West.
- The project will comprise of 3 blocks of G+4 floors in height, comprising of 160 units in total and will offer 2 and 3 BHKs in the range of 1161-1804 Sft.
Approval Status: All approvals in place
- The project is located on a 1.5 acre land parcel and is located amidst several other residential real estate developments.
- The subject property has a single gate for entry and exit, this might lead to congestion around the gate as the driveways also seem to be slightly narrow.
- The residential development has been divided into 3 blocks- Great (G1), Gracious (G2) and Grand (G3). The developer has attempted to pack in as many dwelling units as possible in every floor of each block- resulting in units sharing common walls between them.
- Tower G1 and G3 are aligned parallel to each other and are separated by the children’s play area in the middle, which itself seems to be small in size leading to there being inadequate distance between the two towers.
- Tower G2 is aligned perpendicular to towers G1 and G3, and is placed to their East. There is minimal distance between East facing units in towers G1 and G3, and the West facing units of tower G2. Units 1,2 9 and 10 in all floors of tower B2 will practically be covered from all 4 sides due to the tower being placed in such close proximity to towers B1 and B3. This adversely affect the air ventilation and availability of sunlight to residents of these units.
- There is also very less distance between the subject project and neighboring project, which may result in the residents feeling a little claustrophobic, while also putting pressure on the narrow roads around the project.
- In terms of amenities, the developer has provided only one outdoor amenity in the form of a childrens playground located at the center of the project- making it easily accessible to all residents. The club house is provisioned to be developed on the West end of the project area, though work on the same is yet to commence even though the construction of the residential blocks has been completed. The developer seems to have compromised significantly on amenities- an important factor that must be appraised by potential buyers.
Amenities: Swimming pool with Toddlers pool, Jogging track, Children play area, Gymnasium, Party Hall, Squash Court, Concierge and bell desk, Intercom facility
Special Attractions of the Project (USP):
- The project is located at the heart of Panathur, a prominent residential as well as commercial hub, amidst several other prominent residential developments.
- The project is also located only 1.5 kms away from the Outer Ring Road as well as the business parks around it offering residents the comfort of an easy commute to work.
- The region also boasts good social infrastructure with several educational institutes, healthcare facilities and shopping centers being located in the region.
- Other important hubs such as Whitefield and Sarjapur are also easily accessible from the project. Bellandur railway station is also located at a distance of less than 2 Kms. The subject property is ready to move in and the developer is quoting an attractive price point considering the project location and comparable projects.
Following is the construction-linked payment plan for the subject property:
At the time of Booking- INR 200,000
On Agreement Execution- 20%
On completion of Basement Slab- 25%
On completion of Ground Slab- 10%
On completion of 1st Floor Slab- 10%
On completion of 2nd Floor Slab- 10%
On completion of 3rd Floor Slab- 10%
On completion of 4th Floor Slab- 10%
On Handing Over- 5%
Car Parking- INR 250,000
Maintenance Charges for 1 year- INR 40 / Sq.Ft.
BESCOM / BWSSB Charges- INR 150 / Sq.Ft.
Amenities and Club Membership- INR 250,000
Legal Fees- INR 30,000
VAT Service Tax, Stamp duty & Registration Charges, as applicable
Stamp Duty & Registration Cost are at actual payable.