Bangalore-based Vakil Ho­using Development is coming up with a villa project near the hub of India’s silicon valley, Electronic City. The Spanish style villa project, Vakil En Casa villa, would be mainly catering to IT employees working near the same area.

Located at Rajapura, off Hosur road, near Electronic city, the developer’s USP of the project is the spacious villa at a relatively lower cost. A three-bedroom villa is priced at Rs 76 lakh (all inclusive) onwards.

Vakil Housing Development, chief operating officer, Feroze Khan, said, “We are primarily targeting IT clients. The price ranges between Rs 76 lakh and Rs 1.3 crore. The layout has been completed. There are about 100 villas. About 30 villas are under construction and some 10 villas are ready to move in. By December next year, another 20 villas would be completed”.

The villas are set in a 29.38 acre lakeside premium lifestyle enclave, within easy commuting distance from Electronic City and close to HCL’s new campus. “Vakil En Casa isn’t just a great place to call home, but a rewarding investment since most of our projects have appreciated by as much as 800 per cent,” Khan added. The three-bedroom villas have a built-up area of up to 1,800 sq ft and the four-bedroom villas have a built up area of up to 2,878 sq ft.

The amenities in the project in­cludes indoor games facilities, cl­ubhouse with community hall, se­parate swimming pool for men and women, amphitheatre, tennis and badminton courts, skating rink, basket ball court and a gymnasium.

sameerrbakshi@mydigitalfc.com