Newsletter October 2018

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2018 RE Market Trends

• Real estate (RE) market has regained it’s lost ground sincedemonetization in November 2016.

• Over an year since enforcement of Real Estate Regulatory ACT (RERA)in July 2017 has improved the overall market sentiment for home buyersand has augured well to established developers & builders.

• A good number of new projects have been launched in Bangalore thisyear indicating the increased demand.

• Depreciation in Rupee value has further enhanced NRI investments inRE market.

• The Karnataka Government has given lot of emphasis on developmentof the proposed BDA Peripheral Ring Road (PRR), BMRDA Satellite TownRing Road (STRR), Phase-2 & Phase-3 reaches of Metro and theSuburban trains, all of which have had a positive impact on the suburbanreal estate market.

In fact execution works of Phase-2 Metro until Bommasandra (nearChandapura) has been well ahead of it’s schedule.

2018 News SnippetsMetro, Suburban Trains and PRR.

Infrastructure updatesE-City - Chandapura - Hosur

zone

• Domestic airport Terminal at Hosur hasbeen announced by AAI for connectivityto short haul flights. Travellers will soonbe able to fly from Chennai to Hosur asflights will be operated from the smallairport under the regional connectivityscheme. Trujet launched daily flightsbetween Chennai and Salem. (PressReports in next page)

• Electronic City – Chandapura area ishaving the best rental yields as per therecent news report enclosed.

• Government has sanctioned the lakepark development and rejuvination ofIggalur, Marasur and Avadadenahallilakes, which are close to JR Housingprojects. Very soon the residents canexperiencce lake park recreationalspaces like developed at HSR Agara lake.

Hosur Domestic Airport

update

Infrastructure updates around JR Housing Projects

• Hurdles cleared for 4-laning of remaining 3 km stretch of 12 Km lengthChandapura-Anekal Road. Work expected to commence shortly. i.e, The stretchafter KHB Suryanagar-1 - Iggalur lake – Ramakrishnapura arch (JR Greenpark) –Marasur gate – until Byagaradenahalli cross (JR Greenwoods entrance). All the JRHousing projects will be benefited with this road widening.

• Kauvery water has been released to Karnataka Housing Board’s Suryanagar-1and Suryanagar-2 in December 2017, due which we are already witnessing goodnumber of house constructions in Suryanagar-2. JR Urbania is the immediatebeneficiary as these water lines are laid just outside, which will be connected to ourproject shortly.

• Acquisition & Tender awarding by KHB for the last 1.5 Km stretch 150ft wideroad connectivity from Chandapura-Anekal road (Ramakrishnapura arch) to JRUrbania & KHB Suryanagar-2 has been completed. Road formation works are inprogress, expected to be completed within 2-3 months. This will ensure seamlessroad connectivity to KHB & JR Urbania without any bottleneck.

• KHB has also acquired 120 Acre of lands in Hinnakki and Rajapura Villagesrecently which will help in connecting the existing 150ft wide road to Bannerghatta-Jigani road.

• Marasur Gram Panchayath recently completed the 60ft road widening ofMarasur village road much to joy of locals and plot owners at JR Coconest, JRHabitat and JR Gardens.

• 150ft wide road connecting to JR Urbania North block has been acquired by ourcompany which will complete 150ft wide road connectivity to JR Urbania from KHBSuryanagar Phase-2. The road works are in progress (photo below).

JR Housing Project updates 2018

Arial view of JR Urbania, attached to KHB Suryanagar-2, near E-City

JR URBANIA• Infrastructure development works like 150ft wide main road, 60ft, 40ft and 30ft

sub roads, parks, underground cabling, street lighting, drainage system with 500KLD STP, water lines with RWH units and designer over head water tanks, parks,landscaped gardens, jogging tracks, children play areas and tennis court have allbeen completed.

• We are happy to inform you that few of the plot owners have commenced theirhouse constructions. Our company is also offering construction services at mostcompetitive rates to encourage existing plot owners.

• Civil construction has beencompleted at JR Urbania Clubfacility. Interiors works are ongoingfor entrance lounge, twin indoorbadminton courts, squash court,swimming pool, banquet hall,gymnasium, aerobics rooms,billiards and T.T rooms. Targetedschedule for completion March2019.

Villas Plots are now priced at Rs.2500/Sft* |Commercial plots @ Rs.3000/Sft* Club house status at JR Urbania

JR Housing Project updates 2018

OUR NEW SALES OFFICE

In April 2018, we opened a welldesigned state of the art Sales officeon Chandapura-Anekal main road,just before JR Greenpark, opposite toRamakrishnapura arch, 2.7 Km fromChandapura Circle. We wish toprovide superlative sales experienceand after sales support to ouresteemed customers with our newfacility.

Club house at JR Coconest

JR COCONEST PRIME

• In August 2018, we released apremium extension of our 33 acretownship JR Coconest, code named“JR Coconest Prime” offeringpremium Villa plots from Rs.33Lacs* (@Rs.2750/Sft*) attached toour popular Club facility. Plots ofdimension 30’x40’, 30’x50’ and30’x57’6” are available.

The unique feature of the enclave isit’s surrounded by beautiful parksand right in the center of a welldeveloped township.

Streetscape of JR Coconest Prime

JR Housing Sales office

JR Housing Project update 2018

Streetscapes, Park & amphitheatre at JR Greenwich, Villa project at Sarjapur Road

JR GREENWICH• We have successfully deliveredthe Lifestyle Villa project onSarjapura Road – JR Greenwichto our happy customers, whohave called it their home already.

• During 2017-18, the Companyhas successfully completed all theinfrastructure development worksin it’s ongoing projects like JRUrbania (All Phases), JRMeadows (All Phases), JR CityExtn and JR Valley Extn.

JR Housing Project updates 2018

JR NEXUSThe company has delivered it’s first luxuryapartment project on Chandapura-Anekalroad, with CC& OC. A well containedproject with Ground+9 floors offering 102units of 2 & 3 Bhk spacious apartments,with separate clubhouse, swimming pool,gymnasium, party hall and commercialspace, attached to JR Greenpark.

Limited 2 & 3 Bhk ready to move inapartments are on offer at this stage. Theproject was successfully handover toOwners Association for maintenance thisyear.

JR Nexus Swimming Pool Luxury Apartments with Hypermart

GULMOHAR

In April 2018, our M.D inaugurated

‘Gulmohar’, Club facility with premium

amenities at JR Greenpark. It was

made operational much to the delight

of it’s residents and plot owners.Club house at JR Greenpark