PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in...

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Transcript of PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in...

Page 1: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 7 Oct, 2015

Page 2: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

What isPROPINSIGHT?PROPINSIGHT?

Price Insight

This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.

Project Insight

This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.

Builder Insight

This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.

Locality Info

This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.

Page 3: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Project Size4 Towers

Configurations2,3 Bedroom Apartment

Possession StartsDec `15

GR Constructions SankalpaGR Constructions SankalpaHarlur, Bangalore

44.1 Lacs onwards44.1 Lacs onwardsLivability Score

7.2/ 10

Page 4: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

What isPRICE INSIGHT?PRICE INSIGHT?

Pricing Comparison

Comparison of detailed prices with various other similarprojects

Pricing Trends

Price appreciation and trends for the project as well as the locality

Price versus Time to completion

An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others

Page 5: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Price Trend Of GR Constructions SankalpaP

rice

(Rs

per

sq ft

)

GR Constructions Sankalpa VS Harlur, Bangalore

3,400 3,400

3,700 3,700 3,700 3,700

4,000 4,000 4,000 4,000 4,000

4,200 4,200 4,200

3,750 3,750 3,750 3,750

4,729 4,748 4,777 4,7874,849 4,825

4,927 4,949 4,9294,961 4,971 4,992 4,975

5,007 4,997 5,0015,034 5,049

Sankalpa Harlur

Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '153250

3500

3750

4000

4250

4500

4750

5000

5250

2BHK+2T

1175, 1350

3BHK+3T

1440, 1450

For more information, visit here

Property TypeProperty Type

Area (sq.ft.)Area (sq.ft.)

Page 6: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Price Comparison With Other Projects Similar To GR Constructions Sankalpa

GR Constructions SankalpaHarlur, Bangalore

Habitat Infra IrenicHosa Road, Bangalore

Trifecta VerdureAvalahalli, Bangalore

Primary Purchase Price 3,750/sq.ft. 3,800/sq.ft. 3,800/sq.ft.

Advance MaintenanceCharges (Month)

N.A. N.A. N.A.

Car Parking Charges N.A. N.A. N.A.

Power Backup Charges N.A. N.A. N.A.

Club House Charges N.A. N.A. N.A.

*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here

Page 7: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Price Versus Time-To-Completion

GR Constructions Sankalpa's current price is Rs. 3750/sq. ft. and it is in Under Construction stage.

In comparison to locality, GR Constructions Sankalpa is underpriced by Rs. 1318.75/sq. ft.

Highest price in the locality is for Klassik Landmark at 5229/sq. ft. and it is in Under Construction stage.

Lowest price in the locality at Gunina Knox at 2400/sq. ft. and it is in Under Construction stage.

Bui

lder

Pri

ce (

Per

Uni

t Are

a )

Current status of projects in 5 km vicinity of GR Constructions Sankalpa

GR Constructions Sankalpa Gunina Knox Emmanuel Heights Habitat Infra Irenic Inner Spaces Glory Fields Frontier Shelters Heights Astro Green Park RegencyKlassik Landmark MJ Azaliya Prabhavathi Royal Gardenia

New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in2000

2500

3000

3500

4000

4500

5000

5500

For more information, visit here

Page 8: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Demand Comparison With Other Projects Similar To GR Constructions Sankalpa

AnalysisAnalysis

Sankalpa has 6.54 % demand amongst all projects inBangalore.

The highest demand 61.05% in Bangalore is for Irenic.

The lowest demand 4.11% in Bangalore is for Heights

Dem

and

Demand of projects in 5 km vicinity of GR Constructions Sankalpa

6.54%

61.05%

20.07%

8.23%4.11%

Sankalpa Irenic Knox Glory Fields

Heights0%

25%

50%

75%

Dem

and

Demand in popular localities of Bangalore

2.28%

12.20%

8.76%

5.35%4.32% 4.31%

Harlur KR Puram

Electronics City

Begur Bellandur Whitefield Hope Farm

Junction

0%

5%

10%

15%

AnalysisAnalysis

Harlur has 2.28 % demand amongst all projects in Bangalore.

The highest demand 12.20% in Bangalore is for KR Puram.

The lowest demand 2.28% in Bangalore is for Harlur

For more information, visit here

Page 9: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others

Basic Details Comparison

A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects

Amenities Comparison

A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects

Page 10: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

GR Constructions Sankalpa Comparison With Other Similar Projects

GR Constructions SankalpaHarlur, Bangalore

Habitat Infra IrenicHosa Road, Bangalore

Trifecta VerdureAvalahalli, Bangalore

Livability Rating* 7.2/10 7.1/10 7.2/10

Safety Rating* N.A. N.A. N.A.

Builder GR Constructions Habitat Infra Trifecta

Locality Harlur, Bangalore Hosa Road, Bangalore Avalahalli, Bangalore

Number of Towers 4 2 7

Project Land Area N.A. N.A. 2.25 Acres

*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more

*Safety rating is provided on the basis of safety pin data

For more information, visit here

Page 11: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

GR Constructions Sankalpa Comparison With Other Similar Projects (Continued ...)

GR Constructions SankalpaHarlur, Bangalore

Habitat Infra IrenicHosa Road, Bangalore

Trifecta VerdureAvalahalli, Bangalore

Part of Township No No No

Average Flats Per Floor 12.25 10 5.14

Loading Percentage N.A. N.A. N.A.

Launch Date Oct `13 Feb `14 Aug `13

Possession Date Dec `15 Dec `15 Oct `15

Delay On time On time 4 month(s)

For more information, visit here

Page 12: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Common AmenitiesGymnasium Swimming Pool Children's play area Club House Indoor Games Multipurpose Room

Jogging Track Rain Water Harvesting 24 X 7 Security Power Backup

Amenities not available in anyproject

Cafeteria Golf Course Maintenance Staff

Amenities Comparison Of GR Constructions Sankalpa With Other Similar Projects

GR Constructions SankalpaHarlur, Bangalore

Habitat Infra IrenicHosa Road, Bangalore

Trifecta VerdureAvalahalli, Bangalore

Landscaped Gardens

Sports Facility

Intercom

For more information, visit here

Page 13: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder

Builder Profile

A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.

Delivered Projects

Info about top projects that have been delivered by builder in thepast, their date of delivery etc.

Under-Construction Projects

Info about top under-construction projects of the builder along withtheir price appreciation trends

Page 14: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Experience N.A

Project Delivered 7

Ongoing Projects 2

Overview Of Developer (GR Constructions)

GR Constructions is a leading company that believes in engineering excellence above all else. The

company has a professional work approach and tries to infuse new ideas into the development of its

projects. GR Constructions is one of the premier developers in Bangalore and has been operational

for more than two decades. The portfolio of property by GR Constructions includes both residential

and commercial properties. The company was set up by former contractors Mr. G Ramana Babu and

Mr. R M Eshwar Naidu. The company was formally founded in the year 1999 as a partnership firm.

The company has also worked with the best architects and consultants for its projects and has also

forayed into the development of hospitals and several commercial projects in other segments.

The company has built homes successfully for Bangalore’s elite and has also delivered projects on

time and with impeccable finishing. The company had its first success with the landmark GR Vistas on

the Uttarahalli Main Road. The company’s business focus has steadily shifted to construction from

contract work. The company is presently developing approximately 1 million sq ft in Bangalore across

multiple locations.Unique Selling Point:Unique Selling Point:

The chief attributes of the company include commitment towards timely project delivery, ensuring

sufficient project quality and technical expertise. Construction quality is top notch at the company

and it makes use of professional management to execute projects on time. The company has its own

in-house team of skilled designers, engineers, administrators and executives.

Perfection is sought at every project taken up by the company with a view towards fulfilling needs of

customers and even surpassing them wherever possible. The company believes in customer

centricity as a modicum for better development and wishes to offer sustainable, holistic and high

quality living environments to its customers in tune with its tagline, Creating better living

environment. The company has a committed management team and site operations units along with

back office support teams. All projects come with superlative build quality and branded materials and

fixtures in addition to cross ventilation, natural lighting and cozy interiors.Landmark Projects:Landmark Projects:

GR Comforts is a landmark project developed by the company and offers several amenities to

residents. This project is located at JP Nagar, VII Phase near the Brigade Millennium. GR Shree Nivas

Phase 1 is another landmark project located at the Manipal County resort road. This project comes

with several amenities for residents including multipurpose courts, swimming pool, club house and

more. The project is well connected to several offices, hospitals, schools and malls in areas like HSR

Page 15: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Layout, BTM Layout, Koramangala, Sarjapura Road and Electronic City. GR Shruthi Nivas is another

landmark project that offers soothing lifestyles to residents along with several amenities and other

facilities.Type/Category of Projects:Type/Category of Projects:

The company majorly focuses on developing projects for high income segments in Bangalore.

Page 16: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Top Projects Delivered By GR Constructions

GR Constructions MaithriGR Constructions MaithriIndira Nagar, Bangalore

Livability Score

Project was delivered on Dec, 2011

GR Constructions ShantinivasGR Constructions ShantinivasBegur, Bangalore

Livability Score

Project was delivered on Jul, 2012

GR Constructions Sagar NivasGR Constructions Sagar NivasHosa Road, Bangalore

Livability Score

Project was delivered on Aug, 2014 after a delay of 7 month(s).

GR Constructions Shruthi NivasGR Constructions Shruthi NivasBegur, Bangalore

Livability Score

Project was delivered on Feb, 2013

For more information, visit here

7.6 7.1

6.0 5.5

Page 17: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Projects Under Construction By GR Constructions

GR Constructions SankalpaGR Constructions SankalpaHarlur, Bangalore

Livability Score

Project is expected to be delivered on Dec, 2015

Has seen a price appreciation of 17.2 % 17.2 % over last 2929

month(s)month(s)

GR Constructions BrundavanGR Constructions BrundavanVijay Nagar, Bangalore

Livability Score

Project is expected to be delivered on Dec, 2015

Has seen a price appreciation of 13.1 % 13.1 % over last 2929

month(s)month(s)

For more information, visit here

7.2 6.7

Page 18: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality

Page 19: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Play Schools Near GR Constructions Sankalpa, Bangalore

Play SchoolsPlay Schools

11 Purple Bear International PreSchool and Day Care 4.21Km4.21Km

22 Srishti Montessori 2.74Km2.74Km

33 Little Champs Preschool 2.76Km2.76Km

44 Kara 4 Kids 4.86Km4.86Km

55 Siksha - Montessori House ofChildren 4.44Km4.44Km

Top 5 Play Schools (within 5 kms)Top 5 Play Schools (within 5 kms)

SS Represents the location of GRConstructions Sankalpa

For more information, visit here

Page 20: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Schools Near GR Constructions Sankalpa, Bangalore

SchoolsSchools

11 GVS English school 3.00Km3.00Km

22 St. Peters School 2.86Km2.86Km

33 VIBGYOR High School 2.44Km2.44Km

44 Sorsfort International School 4.05Km4.05Km

55 St Patricks Academy 4.36Km4.36Km

Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)

SS Represents the location of GRConstructions Sankalpa

For more information, visit here

Page 21: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Restaurants Near GR Constructions Sankalpa, Bangalore

RestaurantsRestaurants

11 McDonalds 4.97Km4.97Km

22 Ambur Biryani Center 3.99Km3.99Km

33 The Moghul's 4.59Km4.59Km

44 Hotel Anugrah 3.92Km3.92Km

55 Kusum Deluxe 3.09Km3.09Km

Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)

SS Represents the location of GRConstructions Sankalpa

For more information, visit here

Page 22: PropInsight - A detailed property analysis report of GR ...Bangalore. The highest demand 61.05% in Bangalore is for Irenic. The lowest demand 4.11% in Bangalore is for Heights D e

Hospitals Near GR Constructions Sankalpa, Bangalore

HospitalsHospitals

11 Motherhood Hospital 3.25Km3.25Km

22 McDonalds 4.97Km4.97Km

33 Narayana Health Hospital 4.17Km4.17Km

44 Ettina Multispeciality Hospital 3.40Km3.40Km

55 Agarwal National Hospital 4.04Km4.04Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

SS Represents the location of GRConstructions Sankalpa

For more information, visit here