Q

What are the reviews of Shapoorji Pallonji Parkwest, Bangalore?

27 Aug 18 504
What are the reviews of Shapoorji Pallonji Parkwest, Bangalore?

1 Answers

A

Pankaj Agarwal

27 Aug 2018 06:10 PM

Parkwest, a 47acre luxury, has transformed Binny Pete to a residential landscape without compromising comforts of the City life.

Overview:

  1. Total Land 47 Acre
  2. 3 Phases – Phase 1 - 3 Towers (Sold out); Phase 2 - 4Towers (Maple, Sapphire, Magnolia and Mahogony); Phase 3 (Yet to launch).
  3. Total expected units approx. 2900 flats

Project is located in Binny Pete area which falls between Rajaji Nagar on North and Chamarajpet on South.

  1. Located on Tank Bund Road next to ETA Mall
  2. 1.3Km from the nearest Metro Station(Sangolli Raina)
  3. 2.8Km from Majestic Bus stand

Amenities:

  1. This 47 Acre project will have more than 30 Acre open space including 7 Acre park on the west end and acres of open garden spaces in between the towers.
  2. The Four Acre Club offers you Swimming Pool, Gymnasium, Relaxation Lounge, Spa& Salon, Restaurants and sports facilities such as Tennis Courts, Basketball courts, Snooker, Squash, Table Tennis & 7000sqft Sports Hall.
  3. In each tower there is a miniature Clubhouse called SKY Amenities which include community hall, indoor games, gymnasium, cafeteria and other indoor amenities

Unit configuration in Magnolia:

  • 2BHK – 1335 sba – 894 RERA ca – All in 1.23Cr (on 12th floor which is lowest available now)
  • 3BHK – 1735 sba – 1134 RERA ca – All in 1.64Cr (on 24th floor which is lowest available now)
  • 3BHK – 1960 sba – 1264 RERA ca – All in 1.86Cr (on 17th floor which is lowest available now)

Add Rs 25 psft per floor for each higher floor on SBA.

Bank Subvention scheme - 5:70:20:5

  • On payment of first 5% agreement will be executed.
  • Thereafter next 70% and the last 5% will be funded by bank.
  • All pre-emi interest will be paid by Shapoorji Pallonji till
    1. For Magnolia till Dec 2021 ( additional Rs 950/- psft of SBA)
    2. For Magnolia till Dec 2020 ( additional Rs 550/- psft of SBA)

RERA Possession Date

  1. Magnolia Tower – April 2022

Construction status as on today

  1. Magnolia Tower – Completion of foundation

For more info about Shapoorji Pallonji Parkwest, Call: 9716040121.

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