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Many residential projects are being launched in Old Madras Road stretch due to wider roads and consequently, quicker access to the airport. The peripheral ring road is expected to further enhance connectivity between areas in the east, north and south.
Recently, Thailand-based Asian realty giant Pruksa Real Estate launched its first residential project — Pruksa Silvana located in Budigere, off the upcoming six lane old Madras road highway. Many developers in Bangalore have ongoing projects are have plans to launch residential projects in the region.
Brigade said its Exotica will comprise a total of 474 units in two towers, with 237 apartments in each tower. Each tower will be a 35 storeyed building, which according to the company will be the tallest building in Bangalore.
Upon sanction, the company said it will commence the project in the first quarter of 2011, and plans completion by 2015.
Priced at Rs 4,000 a sq ft, Brigade Exotica will feature Balinese landscaping.
Jaishankar, chairman and managing director of Brigade Enterprises, said, “Brigade Exotica is the location of the future. One should go for it now for a great deal on price. A home in Brigade Exotica will be upgrading to the clouds.”
Amenities in the project will include clubhouse with pool badminton, indoor games, café gym, sauna, retail space with department store, restaurant, and party hall. The clubhouse will include a café, gymnasium, swimming pool, billiards room, and indoor games room.
The site would be well landscaped with focal courts, pavilions, pathways, water bodies and ample greenery, Brigade said.
Other upcoming residential projects of Brigade include Brigade Crescent at Nandidurga Road, Brigade Sonata on Palace Road, and Brigade Orchards in Devanahalli.
Brigade Group recently obtained license from World Trade Centres Association to classify and manage their 1 million sq ft office tower in their mixed use project Brigade Gateway as ‘World Trade Centre Bangalore’.
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