27 Aug 2018
Parkwest, a 47acre luxury, has transformed Binny Pete to a residential landscape without compromising comforts of the City life.
- Total Land 47 Acre
- 3 Phases – Phase 1 - 3 Towers (Sold out); Phase 2 - 4Towers (Maple, Sapphire, Magnolia and Mahogony); Phase 3 (Yet to launch).
- Total expected units approx. 2900 flats
Project is located in Binny Pete area which falls between Rajaji Nagar on North and Chamarajpet on South.
- Located on Tank Bund Road next to ETA Mall
- 1.3Km from the nearest Metro Station(Sangolli Raina)
- 2.8Km from Majestic Bus stand
- 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.
- 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.
- 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
- For Magnolia till Dec 2021 ( additional Rs 950/- psft of SBA)
- For Magnolia till Dec 2020 ( additional Rs 550/- psft of SBA)
RERA Possession Date
- Magnolia Tower – April 2022
Construction status as on today
- Magnolia Tower – Completion of foundation
For more info about Shapoorji Pallonji Parkwest, Call: 9716040121.