Mahindra Lifespace Windchimes is one of the upcoming projects in Bannerghatta road in South of Bangalore. The project, which has been launched in the beginning of the year, is expected to be finished off by the end of Sept 2017. The project will consist of a total of 400 units, consisting of 3 and 4 BHK apartments. It is one of the expensive projects in Bangalore, wherein the cost of the 3BHK apartment is around 1.3 crores whereas the cost of the 4 BHK apartments is around 2.2 crores.
The project is being developed on an area of 6 acres and encompasses a range of amenities such as Gymnasium, Swimming Pool, Basket Ball, Cricket Pitch, Jogging Track, Club House, Indoor Games, Power Back Up, Garden and Cafeteria etc. Interestingly the high end project also involves 80% of green spaces.
As discussed above with a price of INR 7,200 it is one of the high end apartment projects in Bangalore as mentioned below.
Nearby Infrastructure Development
South Bangalore has a well-developed infrastructure. As mentioned above, it is home to some of the leading education institutions, retail outlets, malls and hospitals. The location is conveniently placed with numerous new SEZs in Electronic City, Varthur and Begur area. Likewise a large number of fortune 500 companies have offices located in the South Bangalore area. Nemma Metro is also set to enter the area in its second phase connecting Gottigere to Nagavara passing through the IIM Bangalore. The advent of metro is expected to cut down the road traffic drastically.
A well-developed social infrastructure, easy connectivity to IT parks such as Electronic City coupled with upcoming metro project make Bannerghatta as one of the promising locations in the Bangalore. The area already has a thick concentration of residential projects, which will be further augmented with players such as Hiranandani and Mahindra coming into the picture. Hence keeping everything in perspective, at Kin Housing, we estimate an expected 10% appreciation for the project in the coming time.
Conclusion- 5 Reasons to invest in the project
Strong appreciation expected in the near future
80% green space and a range of amenities
As it is one of the initial projects by Mahindra Lifespace in Bangalore, the developer will strive to offer a high end result.
In close proximity to the IT hubs such as electronic city
Well established retail and social infrastructure
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