Bangalore now has more numbers of high rise apartments. They are providing a new skyline to the high-tech city.
BANGALORE: High rise apartments had become a necessity in Mumbai and other top cities where there is no sufficient space for development. Till recently, there weren’t many high rise apartments in Bangalore mainly because there was sufficient land for developing projects.
Now the situation has undergone vast changes and now the city also sees builders developing more number of high rise apartments.
If earlier, the projects were developed up to 15 stories, now the number of stories has reached 40. It is still far lower to Mumbai where 60 storied residential projects are not rare. In Mumbai there are over 35 projects with 40 stories or more.
CBRE South Asia’s deputy MD (South India) Ram Chandnani says that the high rise culture is new in Bangalore. The developers in the city are positively looking at this new trend, he added.
Sobha Indraprastha, Equinox Water’s Edge, Mantri DSK Pinnacle, etc. are some of the upcoming projects which offer high rise apartments. There are 46 floors in Mantri DSK Pinnacle.
Equinox Water’s Edge has five blocks each of which has 40 floors. Placed beside the Nagavara Lake in Hebbal, the project offers a beautiful scenic view to the residents.
Sobha Indraprastha is a 37-storied residential cum commercial project. The top two floors are dedicated for club house.
If the buyers think that they can own these high rises at lower rates, they are quite wrong as these high rises are never offered at lower prices. On the other end, they are offered at higher prices according to the number of facilities and amenities the project has. In most of the cases the starting price us Rs.2 Cr.
High rises offer a better lifestyle as it is characterized with less noise, less pollution, etc. Additionally these high rise apartments offer a sky view of the Nature that is really marvelous.