GM E-City Town Phase1 Multistorey Apartments Area Range 610-1500 Sq.ft, Located in Electronic City, Bangalore available with 1BHK, 2BHK and 3BHK Apartments.
Description:
Popularly known as E-City within Bangalore and often referred to as Electronic City all over the world, this industrial & technology hub is the largest in the region, and houses nearly 300 companies and a very large workforce. Keeping the strategic importance of this region, GM Infinite is proud to bring to you E-City Town located within 1 km radius of blue chip companies like Infosys, Wipro, Biocon, HP, Siemens, and Mahindra Satyam. In close vicinity are some world class healthcare facilities like Narayana Hrudayalaya.
Envisioned on the lines of a leisured Spanish lifestyle, the upcoming E-City Town opens its gate to a Spanish theme facade and dwellings in the G + 4 format. From the entry E-City Town is about grand scale, the very essence of Spanish living. The cobbled streets, open spaces, landscaped gardens all will give you a feel of walking in the boulevards of a Spanish Town.
The dwelling units in the form of studio, 1, 2 & 3 BHK apartments uses soft earthly hues on the exterior contrasted by bright red sloped roofs with Spanish arches and details, all in all creating an interesting skyline and an identity outs own. Now, get a chance to live amidst the charm and opulence of European architecture, all within your budget.
Envisioned on the lines of a leisured Spanish lifestyle, the upcoming E-City Town opens its gate to a Spanish theme facade and dwellings in the G + 4 format. From the entry E-City Town is about grand scale, the very essence of Spanish living. The cobbled streets, open spaces, landscaped gardens all will give you a feel of walking in the boulevards of a Spanish Town.
The dwelling units in the form of studio, 1, 2 & 3 BHK apartments uses soft earthly hues on the exterior contrasted by bright red sloped roofs with Spanish arches and details, all in all creating an interesting skyline and an identity outs own. Now, get a chance to live amidst the charm and opulence of European architecture, all within your budget.
Amenities:
40,000 Sft of Club House
Swimming Pool
Kids Pool
Multi Gym
Big Children’s Play Area
Cricket Pitch
Volley Ball Court
Squash Court
Billiards
08 Half Basketball Court
Steam, Sauna, Massage Room
Park
Sand Pits
Skating Rink
Aerobics, Yoga
Cafeteria
Multipurpose Halls
Indoor Games, Cards, Table Tennis
Swimming Pool
Kids Pool
Multi Gym
Big Children’s Play Area
Cricket Pitch
Volley Ball Court
Squash Court
Billiards
08 Half Basketball Court
Steam, Sauna, Massage Room
Park
Sand Pits
Skating Rink
Aerobics, Yoga
Cafeteria
Multipurpose Halls
Indoor Games, Cards, Table Tennis
FEAR GRIPS IN REALTY MARKET
The real estate market has almost lost the source of liquidity as developers don't have money although just a few months back they had several options for funding their projects. The scene has drastically altered from developers being coaxed by many funds and investors to the present situation in which they are now looking out for resources in desperation. As private equity players and other realty funds supported by various investors are staying their investment decisions there has been complete somnolence on the part of banks and other lending agencies. As all indices have fallen it is unimaginable to even think of raising money from the capital market. Realty stocks have taken the largest share of blows.
During the last ten years as real estate was coming up as anew asset class with unparalleled returns everyone wanted a share of this growth. More funds than projects were available just two years ago. From every side money was flowing into real estate. As a result many projects were launched in anticipation. There was a great deal of speculation.
Partial liberalization had opened some extra funding choices for realtors. The last five years were rather meaningful for the market as foreign and domestic funds competed for the booming real estate share in the country. The capital market also gave full support to realty stocks and the majority of realty companies like DLF, Unitech and Omaxe, Parsvnath and Orbit Corporation were listed at great premiums. During the recent months several developers have opted for high cost funds at interest from 25 per cent to 35 per cent. The majority of these loans were raised from open markets to complete projects or some times to launch fresh projects. As these projects go forward they will confront the worst problem as high input costs are involved, which will not give builders much room to maneuver.
The player from Saffron Asset Advisor has put forth the need to form a special contingency fund for the realty market to prevent any grave casualty. Experts feel that this kind of step will restore the confidence of the market in a considerable measure. The market lacks trust more than anything else. An overly careful approach has been adopted by the majority of stakeholders which has jinxed the whole process. The government should playa key role in easing the market and relaxing the ECBroute. Pune based Kumar Builders have called for government intervention to lift the realty sector out of the stormy waters. They feel it is time some liquidity was injected into the market before the situation goes out of control. An intensive effort was needed as real estate is an intrinsic part of the economy and a slowdown in it would negatively impact the GDP growth that is already slowing down. The supply pipelines of small cities such as Pune are more based on need unlike metros such as Mumbai, Delhi and Bangalore.
Fears exist that if a timely measure is not taken soon the market may go for major corrections in some parts that have excessive supply which will cause a near crash. The upcoming real estate market will be harmed by this and the likelihood of funds from overseas will dry up after two years at the most. Sellers and buyers are not prepared for any serious negotiation but they should come to the table while there is still time. Some optimism too exists. Although speculators are avoiding the market, real buyers may emerge as prices become more realistic soon.
The real estate market has almost lost the source of liquidity as developers don't have money although just a few months back they had several options for funding their projects. The scene has drastically altered from developers being coaxed by many funds and investors to the present situation in which they are now looking out for resources in desperation. As private equity players and other realty funds supported by various investors are staying their investment decisions there has been complete somnolence on the part of banks and other lending agencies. As all indices have fallen it is unimaginable to even think of raising money from the capital market. Realty stocks have taken the largest share of blows.
During the last ten years as real estate was coming up as anew asset class with unparalleled returns everyone wanted a share of this growth. More funds than projects were available just two years ago. From every side money was flowing into real estate. As a result many projects were launched in anticipation. There was a great deal of speculation.
Partial liberalization had opened some extra funding choices for realtors. The last five years were rather meaningful for the market as foreign and domestic funds competed for the booming real estate share in the country. The capital market also gave full support to realty stocks and the majority of realty companies like DLF, Unitech and Omaxe, Parsvnath and Orbit Corporation were listed at great premiums. During the recent months several developers have opted for high cost funds at interest from 25 per cent to 35 per cent. The majority of these loans were raised from open markets to complete projects or some times to launch fresh projects. As these projects go forward they will confront the worst problem as high input costs are involved, which will not give builders much room to maneuver.
The player from Saffron Asset Advisor has put forth the need to form a special contingency fund for the realty market to prevent any grave casualty. Experts feel that this kind of step will restore the confidence of the market in a considerable measure. The market lacks trust more than anything else. An overly careful approach has been adopted by the majority of stakeholders which has jinxed the whole process. The government should playa key role in easing the market and relaxing the ECBroute. Pune based Kumar Builders have called for government intervention to lift the realty sector out of the stormy waters. They feel it is time some liquidity was injected into the market before the situation goes out of control. An intensive effort was needed as real estate is an intrinsic part of the economy and a slowdown in it would negatively impact the GDP growth that is already slowing down. The supply pipelines of small cities such as Pune are more based on need unlike metros such as Mumbai, Delhi and Bangalore.
Fears exist that if a timely measure is not taken soon the market may go for major corrections in some parts that have excessive supply which will cause a near crash. The upcoming real estate market will be harmed by this and the likelihood of funds from overseas will dry up after two years at the most. Sellers and buyers are not prepared for any serious negotiation but they should come to the table while there is still time. Some optimism too exists. Although speculators are avoiding the market, real buyers may emerge as prices become more realistic soon.
Real Estate
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site available at Anekal road
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Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout
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