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Purva Tivoli Hills



Purva Tivoli Hills is a luxury plotted development in Devanahalli, North Bangalore. This Italian-themed project is spread on 61 Acres with 839 units. Developed by Puravankara Limited, it is close to the busiest BIAL airport.

The builder started this site extension to provide their potential clients with a chance to visualize and design their dream home as to how they would want it to be. It allows the residents immense delight in owning a house with luxury and legacy passed to future generations.


Project Highlights

RERA No PR/21108/004355
Development Type Roman Themed Plots
Project Status Prelaunch
Location Devanahalli, Bangalore
Development Size 60 Acres
Number of Units 839 Plots
Unit Variants 1200 – 3200 sq.ft
Possession 2024 Onwards

Key Dates:

  • Pre-launch Date: Yet to be Announced.
  • Completion Date: 3 years from date of launch.
  • Possession Date: Immediately after Completion

project-status Project Status

Pre Launch

location Project Location

Devanahalli

unit-variants Unit Variants

30*40,30*50, 40*60

price Starting Price

Onrequest

size Size Range

1200 - 3200 Sq Ft

possession Possession

2024 Onwards

land-area Land Area

60 Acres

number-unit No. of Units

839 Plots






About

Purva Tivoli Hills Devanahalli lounges across vast acres of land parcel comprising of numerous plots with various sizes and configurations. The plots offer a wide range of setups for various fragments of home purchaser and financial specialists which are ideally suitable for configurations like Twin Bungalow, Row Houses, Row House at Corner and Independent Bungalow.


Purva Tivoli Hills


These luxury residences present with an impressive elevation that overlooks the beautiful scenic views. Bangalore City is a high spirited city as it is the key metropolis! The city is at all times set to adapt and march forward into the evolving domain of advancement. The real-estate market here is increasing at a rapid pace by offering commercial and occupied segments which are actually at top-quality.

Prestige Park Grove is a luxurious residential development located in Whitefield, Bangalore. Spread across 78 acres, this project offers a mix of apartments and villas to cater to different preferences and budgets. With a total of 3600 apartments and 8 villas available in 1, 2, 3, and 4 BHK configurations, Prestige Park Grove is designed to provide a comfortable and upscale living experience. The launch date is expected to be around June 2023.

The project in Bangalore is brilliantly well connected to other major cities by highways, railways, and air routes. The current residents of this region has a great benefit on connecting to various prime external places of the city providing a successful realty setting to neighborhood living in Bangalore.

The locality is well connected to the business zones depicting a great investment choice for future gains. Purva Tivoli Hills Devanahalli is greatly placed in lap of nature with close to 80% of open space with a stunning view. The entire property is well planned and the most promising upcoming projects in Devanahalli Road with all the necessary civic amenities and lot of lush greenery.


Purva Land

Purva Land is a residential plotted development located in Devanahalli, North Bangalore. This property is available in many preferable dimensions like 1200sqft, 1500sqft, 1800sqft, 2400sqft and 3200sqft. The plotted development is developed by Purvankara. These are one of the real estate giants in the city. The brand has offered over 35000+ happy homes across the country.

The larger gated community is developed with the best dimensional units and many other best features. The Purva Land has been conceptualized with futuristic and integrated planning.

The overall benefits of Plots are numerous. Thus the Bangalore real estate market has got back the old trends. Yes !! the plotted developments are again booming in the market with the good surge. The Purvankara has rightly caught up with the trend and behaviour of the buyers and investors. And thus designed a splendid plotted development at the most promising place in the city. There is a great surge for this region in the industry for the BIA.

Provident Ecopolitan is a futuristic Upcoming housing project in KIADB Aerospace Park, Bagalur, Bangalore. The project includes 80% open area with lush greenery and scenic landscapes. It was located on a large lot that offered 1 BHK, 2 BHK, and 3 BHK luxury apartments. Spread over 12 acres of land with 1000 units, Bangalore is an emerging residential destination with endless opportunities for comfortable living.

The infrastructure and connectivity are also apparently good due to the presence of Kempegowda International Airport. The Purva Land is strategically developed in the locality with just 8kms from the BIA toll and just 300meters from the Bellary Highway.

This unique plotted development has well planned and designed plot units in the Purva land with dimensions likely

  • 1200sqft
  • 1500sqft
  • 1800sqft
  • 2400sqft
  • 3200sqft

Why Choose Purva Land?

  • We could buy now and implement our plans and ideas later
  • The land appreciation for this locality and brand is huge
  • The best property to inherit as it has got best quality and plans infused
  • A secured and safest property to invest in.
  • As a prelaunch property, we could expect good early bird discounts from the Purva Land property.
  • We could avail the best and preferred units as these are just initiated. We could choose the plot based on the amenity it is facing. If we want our unit to face a swimming pool or garden we could rightly pick it.

The list of amenities is yet to revealed. However, as per Purvankara standards, we could expect a lot of amenities that would thrill us with their richness.

Purva Land Infrastructure

The Purva Land offers many high-level standards of facilities like rainwater harvesting and many more in the premises.

Maintenance Charges:

The Purva Land property is designed right from the initial stages to provide a low maintained property. These maintenance charges are incurred by the buyers every month. So the Purvankara has efficiently executed the project to offer a low maintenance property.

Purva Tivoli Hills Amenities

This spectacular plotted destination has already got all the required amenities of health care facilities, educational institutions, retail outlets, restaurants, banks, ATMs, etc. which are in proximity thus providing convenient life in the most prominent metropolitan city.


Purva Tivoli Hills Plots


Major IT corridor and MNC’s are located within the short distance making it a perfect locality for Hi-Tech professionals who wish to settle down in this vibrant locality and also have great work life balance. The physical infrastructure is excellent in his region giving it an outstanding network of connectivity with the rest of Bangalore city.

Birla Trimaya is a new launch residential apartment project by Birla Estates in Devanahalli, Bangalore, Nouth Bangalore. This project offers 3000 units of 1 BHK, 2 BHK, 3 BHK, and Duplex apartments. The project is spread over 50 acres of land area. The starting budget for this project begins from 50 lakhs onwards.

Purva Tivoli Hills Devanahalli offers world class features and facilities to the residents for an utmost luxurious yet comfortable lifestyle and is among the best plots in Bangalore under luxury segment. There are 2 splendid clubhouses which are well equipped with indoor facilities to keep the residents entertained throughout.

The amenities includes Box Cricket, 24*7 Pharmacy, Dance & Music Classes, Martial Art Training, Day Care, Digital Gym, Language Classes, Digital Play – 3D Video Games, E - Learning Classes, Hobby Revival Zone, LED Multipurpose Court, Vedic Math’s Classes and many more to count. The residents can thoroughly work out in the fitness center or soak themselves in the swimming pool and can find delight in the day care center with a sense of serenity.

The plotted development offers some of the best plots of Bangalore under the banner of Puravankara constructions. Puravankara Groups has delivered some of the spectacular landmark creations in the residential segment and Purva Tivoli Hills is the most foreseen project in Bangalore.

There are ample number of new projects in Bangalore by various developers which are also estimated as the finest projects in Bangalore. There are plethora of new plots in Bangalore yet plots in Devanahalli Road have their own sense of demand due to the locality interests. Prestige City Sarjapur new township at Sarjapur Road, East Bangalore.


Locality Whereabouts:

When an investor plans for an investment, a lot of research and planning is put in place where choosing the right locality takes the prime spot. One of the major factor that strikes everyone’s mind is that ‘What benefit will I get investing in this property?’


Purva Tivoli Hills Bangalore


It’s a known fact that every property buyer will look for a long term benefits that is assured in the form of investment. Devanahalli is one such famous destinations of North Bangalore which is a hot favorite among home buyers and investors.

Devanahalli is a prime base location for the third busiest airports in the world which is none other than The Kempegowda International Airport. Due to this establishment, the region is the most ideal place for investments among NRI’s.

The six-lane Bellary Road or NH7 connecting Devanahalli to all the other vital parts of the city and allows commuters to reach out to areas like Yelahanka and Hebbal in around 20 minutes. The locality is also going to witness Namma Metro Phase 2 development very soon which will further enhance the connectivity and development in this region.

North Bangalore forms majority of IT corridors of the city with huge tech parks and IT industries. Popular IT parks like the Hardware Tech Park, Shell Technology, Ecopolis, Aero SEZ and International Tech Park have already started attracting a huge portion of India’s working professionals to this locality, causing a massive impact on the real estate sector. Godrej Ananda is a new luxury apartment located at Bagalur Road, Bangalore.

Along with the other developments, Information Technology Investment Region (ITIR), Upcoming Science Park and Financial City has created a huge craze in the vicinity. With the launch of wide variety of commercial hubs and software parks in and around Devanahalli, the daily commute to work should be at ease and more convenient

Devanahalli entertains a bunch of reputed educational institutions and medical facilities that offer top notch services in the city. The top schools in the vicinity includes:

  • Akash International School
  • Canadian International School
  • Ryan International School

Some of the best hospitals near Devanahalli are as follows:

  • Akash Hospital
  • Columbia Asia Hospital
  • Leena Multispecialty Hospital

Devanahalli also consists of splendid shopping centers like World Market Mall and Elements Mall that has something to offer for all based on their needs and desires. All these factors have also made Devanahalli as one of the most desirable residential and commercial areas of Bangalore.

About Devanahalli

Devanahalli is also called

  • Devandahalli
  • Dyaavandalli
  • Devanadoddi
  • Devanapura

Purva Tivoli Hills Devanahalli


It is a town with Town Municipal Council in Bangalore Rural District. It lies in the northeast part of the city; the Kempegowda International Airport area is in this area.

Location Development :

  • It hosts Upcoming ₹1,500 billion, 12,000-acre BIAL IT Investment Region. It is the largest IT region in India, a perfect Special Economic Zone (SEZ).
  • Devanahalli Business Park and two other IT Parks are planned here by the state govt. It will be on 400 acres near the airport.
  • A Science Park planned. Global Financial District proposed will boost banks, insurance sectors, stock exchanges etc.
  • A new satellite ring road will connect the city with Doddaballapur.
  • Aerospace Park or Aero SEZ (special economic zone) is under development. It is an aviation hub in Devanahalli, is expected to see major US civil and military aviation companies. There will also be the European Aeronautics and Defence Systems (EADS) investing ₹11,700 crores here.
  • Health care investment will be ample with numerous hospitals, alternative healing, institutes etc.
  • Hospitality will also see a significant boost here, with many biggies opening their hotels and resorts.

A lot of activities are taking place around the area. Total infra development will be over ₹20,450 billion in the next two years. Areas around BIAL will benefit from these. Devanahalli is one such area that can reap the fruits of this. It will boost the business so much that it can be visible soon.

Residential projects are also upcoming, with reputed realtors presenting superb homes and complexes. From the state of the art townships to apartment complexes, villas, plots, one can find it all here. Devanahalli is indeed an essential destination for keen investors. The place is bound to be a perfect smart city in no time.

Devanahalli is, in a true sense will be Aerotropolis - Airport City. It will become a lucrative place with the govt. It is taking up no. of initiatives. This place is bound to create never seen before employment options. The area is developing in all spheres. It will ensure that the place becomes an ideal blend of social hub and industrial zone.

Advantages of investing in Devanahalli:

Puravankara Devanahalli, the name itself suggests a good combination in the realty world. Purva Tivoli Hills is the new-launch new plots in Devanahalli Road with a total area offering luxury amenities and facilities.

Purva Tivoli Hills has acquired all the necessary approvals from RERA and BBMP and will be reaching its completion date. The possession date is yet to be announced by the developers who should still provide the details on number of floors, maintenance charges, model flat and model plots.

The nearest railway stations will be Yelahanka and KR Puram giving a lot of transport options for the commuters. The proposed 6 lane road nearly Bagalur Road is about few minutes away, phase 2B development of Namma Metro and good wide expressways further boosts the connectivity of the locality attracting investors towards this region.

Devanahalli is closely associated with a lot of renowned Educational Institutions, Health Care Facilities, IT & Commercial Establishments and Recreational Zones. The most promising KIADP Park is going to be evolved with an area enclosing 3000 acres of land space which will be a prominent hub for IT Industries, Hardware & Aerospace segments, Shell Technology center proposed Boeing, Rolls Royce, Airbus and SAP lab offices with a bounded residential development.

Other developments like Special Economic Zones (SEZ), Devanahalli Business Park (DBP), Karnataka State Tourism Development Corporation (KSTDC) and many other government backed projects are connected with the locality increasing the demand of residential enclaves and thus proving that Purva Tivoli Hills are an ultimate location for a residential stay.

When we consider the proximity of the location with the surrounding social and physical infrastructure developments, the price appreciation is increasing every quarter promising an excellent return on investment.

A home buyer or an investor can be confident of his/her investment considering the valuation of the property to be increasing every year by assessing the appreciation price to be 2 times more than the current price of the property in the upcoming years.

Purva Tivoli Hills has a superb connectivity to the Outer ring Road with an excellent access to Kempegowda International Airport and Central Business District. Devanahalli is also close to the center for defence establishments creating a safer zone for residential enclaves.

With the strong presence of IT and commercial segments in the vicinity, there is a lot of demand for housing projects thereby attracting the professionals all over the city to choose a nest closer to the work stations.

Potential investors who are looking for a better investment option in North Bangalore, Purva Tivoli Hills serves the purpose which is loaded with dozens of premium amenities and luxury facilities. The project is developed with brilliant architectural styles and designs incorporated the modern day techniques and technology making it the most elegant plotted development ever in North Bangalore.

Devanahalli is one of the most prominent localities in North Bangalore. It has more than 200 residential projects. After establishing Kempegowda International Airport, the locality has witnessed significant growth in easy connectivity to several upcoming business hubs.

The location is wisely connected to the rest of the city, with excellent arterial roadways. NH 7, which connects Hebbal to Devanahalli, is well-planned and expanded to a 6-lane road. The International Airport is located around 5 km south of Devanahalli via the NH 7 with a brilliant BMTC network.

Prominent Employment Hubs closer to Devanahalli:

  • Manyata Embassy Business Park – 32 km via NH 44.
  • Koramangala – 44 km via Bellary Road.
  • International Tech Park (ITPB) – 38.3 km via State Highway 35.
  • Whitefield – 38.2 km via State Highway 35.
  • Companies like TCS and Wipro are starting to come on board the Investment Region plan, which will likely produce 4 million jobs.

Investors looking for a potential investment in Devanahalli have various options available at reasonable price points. The top reputed builders in Devanahalli consist of Puravankara, Prestige, Sobha, Godrej, Brigade, Salarpuria, Ozone, and many others. Brigade Komarla Heights new launch apartment by Brigade Group.

Some of the notable projects in Devanahalli are priced quite competitively compared to nearby neighbouring localities like Yelahanka, Hebbal, and others. The location stands out for its lower prices and, most importantly, the bevvy of commercial developments expected here shortly.

Devanahalli Plots Price Trends:

Devanahalli plots price has observed an excellent appreciation over the last few years and is booming higher after the inception of the International Airport. The locality has witnessed 2% to 3% of price appreciation over the previous year, making it the top secured investment zone. The current plot price in Devanahalli is as mentioned below:

  • Highest Locality Price: Rs 28,208 per sq-yard
  • Average Locality Price: Rs 22,366 per sq-yard
  • Lowest Locality Price: Rs 16,524 per sq-yard

North Bangalore is the prevailing residential hotspot among investors in Bangalore with assuring handsome returns. After establishing the International Airport and the prominent business hubs in and around Devanahalli requirement for residential properties in this area, is expected to increase further in the future.

The plot rates are very competitive currently and are expected to rise once all the commercial developments occur and the metro rail network is placed. It consists of diverse choices with plotted developments, gated communities, exclusive townships and apartment complexes, etc.; there are many residential options for all kinds of dormant investors.

Additionally, the rapid infrastructure growth, commercial hubs, and easy connectivity with roadways and airways have boosted Devanahalli for developers and investors, promoting an upscale realty market.

Nandi Hills

Bangalore, also known as the 'Garden City of India', is a beautiful city to reside in. Nandi Hills is one of the charming locations of North Bangalore. The place is known for its beauty, greens, peaceful environment and fresh air. So, it is one of the most popular tourist spots in Bangalore.

Nandi Hills is around 60km from Bangalore. It is a perfect place for a short vacation while relaxing and de-stressing. It is 10km away from Chikballapur town and is near Doddaballapur and Devanahalli. Nandi Hills is also close to the international airport. The place is well connected to the city and other important locations.

Nandi Hills is today one of the well-developed areas of Bangalore. Information Technology Investment Region (ITIR) is all set to come up here. As a result, many professionals and employed are keen to settle in this region. In addition, Nandi Hills has seen many more developments.

The Department of Horticulture also plans to open a vast food court and a great music stage to organise cultural events. A beautiful garden with trees, plants, flowers will be created. A planetarium is also being designed in the region. A gondola lift system will connect the peak of Nandi Hill with Muddenahalli.

In addition, Nandi Hills has good schools, colleges, hospitals, restaurants, etc., which makes it one of the best places to settle in.

This impressive development led to the increase in demand for villas and plots in Nandi Hills. More and more home buyers plan to buy property in the locality now. All these led to the realty sector getting a significant boost in Nandi Hills. Today realty firms are offering many properties which the home buyers have well accepted.

Also, the trend of buying a second property as a vacation home is fast catching up. With a hectic lifestyle, one seeks refreshing times. And what better than a beautiful home in Nandi Hills. The greenery and calm environment are perfect for a weekend break. There is a unique area in the Hills which is meant for developing holiday homes.

Nandi Hills is full of natural beauty. Property here is sure to refresh you for life and give you a great living experience. Purva Tivoli Hills is on the way to Nandi hills, make it one of the most sought plot investment. One can refresh in here over the weekend.

Bangalore is considered the best realty hotspot, which offers a superior return on investment and rental income after the boom in the IT industries. Over the last few years, the need for residential projects is rapidly growing.

The city is famous for its seamless connectivity, pleasant climate, and growing IT sector, attracting many investors. Despite the pandemic and various other financial crises, the city has not witnessed any violent fluctuations and the real estate market.

With the increase in the number of residential projects in Bangalore, Buyers from all economic classes have an opportunity to choose their dream home from the lot. For people who are looking at a long-term benefit with a stable market, Bangalore offers ample options.

Bangalore offers a premium lifestyle and numerous career opportunities, thereby improving living standards. It is for sure among the best destinations to buy a property, giving a sense of satisfaction to investors for the investments made.

Devanahalli Villa Plots

Introduction about Villa Plots

Owning a property is one of the best options of investment today. While luxury homes are a preferred choice for many, villas are one of the favourite options of home buyers. A beautiful villa amid greens and charming views is the perfect dream abode for one and all. Homebuyers prefer villas over apartments today for privacy and a pleasant living experience for life.

In the present day, plots for villas are being offered by many top real estate developers. The plots are available in the best of locations with stunning views. Bangalore, the vibrant megacity too, offers great properties for villas today. The realty sector of the city has been offering beautiful plots for villas with attractive deals and amenities. The buyers can choose from multiple options across the city and can build their villa as and when desired.

Devanahalli - The Prime Location

Devanahalli is one of the best localities of Bangalore, which offers lovely plotted development and plots for villas. It is an emerging locality apt for plots and residential properties and the new go-to destination for home buyers. The place is known for its greenery and beauty. It is well developed with all essential social and retail amenities in places like schools, colleges, hospitals, malls and many more nearby. Employment hubs are also close to the locality, and the area is well connected to the rest of the city.

Devanahalli villa plots are worth buying as the realty developers offer the best plots amid beautiful surroundings. These are just ideal for building your dream villa in a peaceful environment, away from the chaos of city life. In addition, top amenities like a clubhouse, swimming pool, gardens, sports courts are offered, which ensure an unmatched living experience.

Building your Villa buying Plots

Devanahalli villa plots are in demand presently. The locality is just perfect for buying properties and building one's villa. The plotted developments offered by the realty sector in Devanahalli welcomes you to reside amid scenic beauty in your villa, constructed according to your preference, taste and style. One can customize the design and interiors, which will assure ultimate comfort. The world class amenities offered add to the ease of living, giving one and all a refreshing experience.

The best part of buying a plot and building your villa is to buy a plot now and plan to construct a villa at the right time. Favourable time, finance, etc. can be considered for construction.

Why is villa Plot a better option

Devanahalli villa plots will be your ideal choice for building your dream villa. Villa plots are a better option because of many factors:

  • Investing in a plotted development is reasonable compared to an apartment. Buyers can buy a plot and can construct a villa later.
  • Buying a plot for the villa is a better option as one can customize the construction. Favourable time, funds, design, style etc., is on the plot owner.
  • Also, one of the best reasons to buy a plot is the excellent value appreciation it promises. It is because the price of lands soar higher and is just apt for villa construction.
  • Also, the reality developers today offer gated communities, and investing in a plot for a villa is safe from a security point of view. It also provides privacy, as one need not share common spaces and lead a peaceful life.

Thus Devanahalli villa plots will be your best investment.

About Puravankara:

Puravankara Group has 45 years of legacy in the real estate market by completing 48 residential projects and two commercial projects covering up to 23.54 million sq. Ft (PPL’s economic interest –20.93 m sq. Ft). The company is triumphant in the industry by merging its ideology with determined values, customer satisfaction, robust structure, and ethical business performance.

They have demonstrated a tremendous existence in cities like Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, and overseas in Dubai, Colombo, and Saudi Arabia. With these developments, Puravankara Group is one of the notable developers of the city.

The residential projects in Bangalore are developed in convenient locations with excellent accessibility to parks, hospitals, schools, colleges, retail outlets, and restaurants, making it comfortable for residents to live in.

Puravankara Properties in Bangalore:

Following are the list of residential apartments and villas by Puravankara in Bangalore:

Purva Atmosphere

Purva Atmosphere is a newly launched residential apartment situated in Thanisandra Main Road, North Bangalore. The project is sprawled across 12 acres of land space, providing 2 BHK, 3 BHK, and 4 BHK apartments with a unit size of 1,299 sq. Ft onwards. Purva Atmosphere offers luxury apartments with a starting price of Rs. 1.06 Crores onwards.

Purva Palm Beach

Purva Palm Beach is ready to move into a residential apartment situated Off Hennur Road, North Bangalore. The project is reclined across 19.5 acres of land space, providing 2 BHK, and 3 BHK apartments with a unit size of 1,232 sq. Ft onwards. Purva Palm Beach offers luxury apartments with a starting price of Rs. 1 Crore onwards.

Purva Zenium

Purva Zenium is an ongoing residential apartment situated in Hosahalli, International Airport Road, North Bangalore. The project is sprawled across 10.5 acres of land space, providing 2 BHK, and 3 BHK apartments with a unit size of 1,200 sq. Ft onwards. Purva Zenium offers luxury apartments with a starting price of Rs. 75 Lakhs onwards.

Purva Smiling Willows

Purva Smiling Willows is ready to move in residential villas situated Off Bannerghatta Road, South Bangalore. The project has lounged across 20 acres of land area, rendering 3 BHK and 4 BHK homes with a unit size of 2,611 sq. Ft onwards. Purva Smiling Willows offers luxury villas with a starting price of Rs. 3.04 Crore onwards.

Coronation Square

Coronation Square is ready to move into a residential apartment situated in JP Nagar, South Bangalore. The project is sprawled across 1.75 acres of land space, providing 3 BHK and 4 BHK apartments with a unit size of 1,975 sq. Ft onwards. Coronation Square offers luxury apartments with a starting price of Rs. 2.07 Crore onwards.

Purva Highland

Purva Highland is ready to move into a residential apartment situated Off Kanakapura Road, South Bangalore. The project is sprawled across 17.3 acres of land space, rendering exclusive 3 BHK apartments with a unit size of 1,498 sq. Ft onwards. Purva Highland offers luxury apartments with a starting price of Rs. 75 Lakhs onwards.

The Sound of Water

The Sound of Water is ready to move in residential villas situated Off Bannerghatta Road, South Bangalore. The project has lounged across 20 acres of land space accommodating 3 BHK and 4 BHK villas with a unit size of 2,611 sq. Ft onwards. The Sound of Water offers luxury villas with a starting price of Rs. 3.04 Crore onwards.

Fresco at Purva Westend

Fresco at Purva Westend is an ongoing residential apartment situated in Kudlu Gate, Hosur Road, South Bangalore. The project is sprawled across 8.25 acres of land space, providing 2 BHK and 3 BHK villas with a unit size of 1,188 sq. Ft onwards. Fresco at Purva Westend offers luxury apartments with a starting price of Rs. 90 Lakhs onwards.

Purva Tiara

Purva Tiara is ready to move into a residential villa situated in JP Nagar, South Bangalore. The project is sprawled across 1.75 acres of land space providing exclusive 5 BHK villas with a unit size of 6,500 sq. Ft onwards. Purva Tiara offers luxury villas with a starting price of Rs. 7.50 Crore onwards.

Purva Skywood

Purva Skywood is ready to move into a residential apartment situated Off Sarjapur Road, East Bangalore. The project has lounged across 12.81 acres of land space, providing 3 BHK and 4 BHK apartments with a unit size of 1,612 sq. Ft onwards. Purva Skywood offers luxury apartments with a starting price of Rs. 1.17 Crore onwards.

Plotted development in Bangalore

Buying a property has been one of the safest investment options. While everyone seeks to own a property, plots have been a popular choice for investment. Investment in plots is considered to be favourable, as it promises good value appreciation compared to apartments.

Bangalore, the fastest-growing megacity, is one of the best cities for investment in property today. With lakhs of migrants settled here, buying a property has been the trend.

Buying plots has seen an increase in demand here and is now fast catching up. Plotted development in Bangalore is an obvious choice because of many factors:

  • Bangalore is well developed today, and buying a planned development in a well developed and right location drives up the price of a property, assuring good returns.
  • Investing in a plotted development is economical when compared to an apartment. Buyers can buy a plot now, construct a home later, or retain it as a plot for investment. Also, building a house on your own requires a lot of effort and time. Buying a plotted development from a developer saves that.
  • Buying a plot is also beneficial as one can customize the construction. The right time of construction, availability of funds, design preference, etc., is on the plot owner. The interiors too can be designed according to one's style. While in residential apartments, one has to depend entirely on the architect's design.
  • Also, if one buys a plot from a developer, the delivery risk is less as there is not much work from the developer's end. But in an apartment, the risk is much higher as far as delivery on time is concerned.
  • In addition, one of the best reasons is the return it promises to generate because of the excellent value appreciation. It is because the price of lands soars higher as compared to the apartments within the same time.
  • Another great advantage of buying a plot is the low maintenance cost.
  • Apartments incur a lot of expenditure, unlike plots.
  • Also, the realty firms today offer gated communities, and investing in a plot is safe from a security point of view. Moreover, they provide multiple amenities which one can avail of, as compared to stand-alone homes. It also includes privacy compared to apartments, as one need not share common spaces and lead a peaceful life.

However, there are few concerns while buying plots:

  • One can go for a land loan while buying a plot, but the financing options are limited.
  • The interest rate of a land loan is equal to that of a home loan, but the loan value is usually lower. It may make you shell out more for buying a plot.
  • The maximum period for a plot loan is up to 15 years compared to 30 years for a home loan.
  • Lastly, there is no tax deduction on land loan for flats. One can get a tax deduction on constructing a home in the plot but can get the same once construction is complete.

Demand for Plotted Development in Bangalore Amid the Pandemic

As India continues to be under the grip of the Covid 19 pandemic, various sectors have been impacted by it. The realty sector has been hit hard by the pandemic and continues to take measures to revive the industry. But the preference of home buyers is changing in these challenging times. The demand for plots and plotted developments are on the rise.

As per PropTiger DataLabs, Bangalore has seen the maximum sale of plots with 31% total sales across cities. The demand for plotted development in Bangalore is fast catching up as buyers prefer stand-alone houses compared to apartments. Also, amid the pandemic and lockdown, the buyers got an opportunity to buy plots at bargain prices. The developers, too, used this opportunity to monetize assets soon.

Given the situation, the reality developers are offering plotted developments in Bangalore to gain from these deals. The benefits for the developers are many like faster sales compared to apartments, better cash flow, and quick exit from an investment compared to the time taken for building apartments.

While home buying has seen a decline because of the pandemic, there has been a considerable demand for plots from buyers with secured jobs. They are opting for investment in plotted developments as this is affordable, and they can have a long-term plan in constructing a house as and when desired. With rising demand, the developers are offering great plotted development options along with top facilities. A clubhouse, gym, swimming pool, sports courts, gardens and many more are provided for the comfort of living, making the deal more attractive for the buyers.

Plotted Development by Purvankara Ltd.

In times of the pandemic, the demand for plotted development is increasing, and now Purvankara Ltd. has entered the plotted development business with great offers. They launched the brand Purva Land to tap the growing demand for plots.

Purvankara plans to start six new projects in the next six months, launching 5.5 million sq. ft. Area in Bangalore, Chennai and Coimbatore with an investment of about Rs.825 crore. Out of the six projects, three would be launched in Bangalore, two in Chennai and Coimbatore. The company's land parcels for four projects are wholly-owned, while two projects are in the joint venture.

Land parcels have been tied up, and the design, approval process is on. To expand the business, Purvankara is looking for more land parcels across cities. They are also talking to landowners for joint development projects in Pune, Mumbai and Hyderabad.

The company has been getting a good response from plot buyers and has been recording good sales. They expect to get a more positive response from the buyers and achieve good sales.

Puravankara Ltd. was established in the year 1975 and is one of India's most successful realty firms. Puravankara Limited and Provident Housing Limited are the two brands of the realty firm. While the former offers high-end homes, the latter offers premium affordable homes across cities in India.

Puravankara and Provident have received many awards for their achievement in the realty sector. Today, they are one of the most trusted brands in the realty sector in India.

The Builder - Purvankara Limited

Puravankara Ltd. was established in the year 1975. It is one of the most successful realty firms in India. Puravankara Limited and Provident Housing Limited are the two brands of the realty firm. While the former offers high-end homes, the latter provides budget homes.

Puravankara today has a presence across cities in India. They are also present in GCC and Sri Lanka. They are the first realty firm to secure FDI in real estate in India. The latest technology and the best construction process define their projects, which promise you a refined living experience.

Both Puravankara and Provident have received awards for their performance in the realty sector. As a result, they are one of the most trusted brands in the realty sector today.

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