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Indian Real Estate News : Bangalore
Buildco to launch 125-acre Bhartiya City in Bangalore
Source: Jul 27, 2011
Buildco, the flagship company of the Bhartiya group in the real estate and infrastructure business, is going to launch Bhartiya City, a 125-acre integrated township in Bangalore, conceived along with global master planners and architects.

The project spread will be a complete integrated township divided into eight precincts - residential, office space, IT, SEZ, retail, hotels, school and hospital. All the components will be organised within walking distance from each other.

The project aims to provide the luxury of staying and experiencing the amenities of a township located in the country's IT hub.

The project will have integrated urban life spaces of 20 million sq ft, covering commercial, residential, retail and hospitality, along with a school and hospital. Conforming to the need of preserving nature, the group is focusing on greenery around the township in a big way by setting up parks and greenery in and around the township. It will also feature jogging and walking tracks keeping in mind the welfare of the residents.

Sustainability has been kept as an integral part of the masterplan of the project.

The masterplan has been formulated by the Perkins Eastman of NY and Cox Associates of Sydney and would offer world class infrastructure and amenities to the residents. The blueprint of Bhartiya City has been conceived on the principles of diversity, mobility, sustainability and community.

The housing project envisions not selling by size but rather the functionality. The idea is to have inclusive rather than exclusive housing without compromising the quality. Founder and chairman, Bhartiya group, Snehdeep Aggarwal said, "We promote the concept of fashionable living, where design thinking holds the resident's interest at its core, creating products and experiences that add value and happiness to the lives of people."

The township aims to raise the bar in modern urbanism with a planned and integrated approach to quality of living spaces that provide space to live, work, play and dream.

The township will be located in Bangalore's new growth corridor - between central business district and the international airport.

"We will offer various office space products. We have an IT sez, which offers people to live and work within Bhartiya city. We are offering an alternate central business district to large corporates and banks in the traditional Bangalore office areas with mixed-use spaces around it. We will offer office space for live, work and play to people looking at combining living with working for example; designers studios, fashion designers," he added.

The project envisions an investment of upto Rs 6,000-7,000 crores over 10-12 year period.

Located within Bangalore Development Authority's city limits, it is only 14 km from new international airport at Devanhalli and the city centre. The infrastructure offered by the project will be beneficial for the residents and businesses alike. It will form a natural gateway to business and IT districts of Whitefield, Electronic City and Sarjapur Road.

The project is spread over a period of seven to ten years and will be completed in multiple phases.

Tag: Real estate in Bangalore, apartments in bangalore, flats in bangalore, bangalore properties
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