Wednesday, November 19, 2014

SNN Raj Neeladri Multistorey Apartments Located in Electronic City, Bangalore offered with 2BHK and 3BHK Apartments.

SNN Raj Neeladri Multistorey Apartments Area Range 1130-1550 Sq.ft, Located in Electronic City, Bangalore offered with 2BHK Apartments and 3BHK Apartments.


Start living in SNN Raj Neeladri, the new milestone from SNN Builders and Nishant Homes. It is located at Neeladri Road, Electronic city Phase 1 where you actually can 'Hop to Work'. A grand entrance lobby with fewer quality apartments and fully loaded amenities, SNN Raj Neeladri is sure to make you and your family smile all through your life.

Swimming Pool
Health Club
Indoor Games
Landscaped Garden
Childern Play Area
Half Court Basketball
Club House with Steam and Massage
Water Treatment


The IT sector in India has changed the commercial and social scenario here. The emergence of the real estate sector has grown enormously in the recent times particularly in the commercial sector. As the commercial real estate has grown tremendously and it has led to growth in a city or city location as retail, residential and hospitality projects are planned around commercial areas around the country. Human resource availability, quality of the project, political stability, location, infrastructure of the city and operational costs are some of the factors which are important for the end user. Real estate is kept as one of the key category by the companies as it belongs to the high cost category.

Human resource planning, financial planning and operational factors are all associated with it. The company has to consider several factors such as physical proximity to social infrastructure like housing, digital connectivity, energy factors, better designs and service specifications while choosing a location. The selection of the development depends on the quality of the project.  Quality consists of basic construction quality, design efficiencies, infrastructure like power load and car parking, effective use of IT in running the project, saving in energy and the delivery of the project. The qualitative and quantitative analysis determines the suitability, acceptability and feasibility of a project. Apart from the pricing a number of other factors have also to be objectively analyzed.

The quality and delivery of the project is affected by cost cutting which results due to rising cost. The costs of construction ranges from between Rs. 2250 – 2500 per sq ft to Rs 3000 per sq ft. Time for completion vary according to the project. The delivery of the project also varies due to other factors like availability of labor, plant and machinery plus various statutory approvals. Deciding upon the location is one of the main factors for a company that is trying to enlarge or start its operation. The markets in the peripheral areas of the city have become more prominent as the central and suburban regions in tier 1 cities face lower supply. Tier 2 and 3 cities are becoming the alternate destinations for commercial activity as the operational costs is comparatively low in those cities.
The cost of land in the periphery areas are much lower compared to sites closer to or in the heart of the city.  Hence the regions in the periphery of around 75km from the centre of metros are more affordable for real estate option than the central or suburban ones. Whitefield and Outer Ring Road in Bangalore, Madhapur in Hyderabad and Old Mahabalipuram Road in Chennai are the areas where some activities are taking place. Expanding in the peripheral region also has some demerits such as high costs of transportation, lack of suitable infrastructure and unwillingness of employees to work there.

Huge developments are taking place in the peripheral areas as most of the new developing projects are coming up in those areas such as residential townships, shopping malls and other kinds of social infrastructure. Peripheral locations are usually preferred by large companies as they can bring together their facilities in the form of a campus and thereby create their own environment. Integrated townships that are scheduled to be set up in these locations, such as Bidadi in Bangalore and Chennai’s Mahindra World City are expected to influence the real estate market in a remarkable manner in future.

There are several factors due to which small cities are considered such as cost benefit and availability of talent. Some of the cost benefits are lesser cost of real estate, lower cost of living, anchor tenant opportunities and less transportation costs. They are also supported and boosted by the government to reduce the pressure from metropolitan cities where infrastructure is inadequate and they offer free land and incentives to them. Smaller cities are having fresh talent pool. But they also have to face large scale issues like connectivity to main cities, entertainment areas and cultural problems, quality of transportation, roads and high quality infrastructure. City selection is not only the important part of the location selection as the corporate requirements also have other specifications that need to be fulfilled.


Real Estate Properties are available in Bangalore City.......
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