Nandi Meraki Project in Bangalore: Property Price, Amenities, and Overview.

Introduction

Everyone thinks should want the house owner. Are you thinking about Buying a luxury apartment in Bangalore? However, the Nandi Meraki project is newly launched. It is an eco-friendly project. This project included 59% percent green space and a serene 14-acre lake. Openplot explains the Nandi Meraki project overview and price.

Nandi Meraki Project in Bangalore: Property Price, Amenities, and Overview.

Table of Contents

In the Nandi Meraki project, the largest solar power generation facility. There are Waste management systems and more world-class amenities. Peaceful weather, gym center, walking way, meeting places. The project aims to provide sustainable energy solutions while also focusing on creating a green environment through efficient waste management. Additionally, the inclusion of various amenities givens a comfortable and enjoyable experience for residents and visitors alike.

Nandi Meraki Project Overview

Nandi Meraki is a low-rise housing project. It is located in Tejaswani Nagar along Bannerghatta Road in Bangalore. It has 6 floors, providing a peaceful living experience for nature lovers. There 14 acres of scenic lake and 59 percent vacant land. Residents can enjoy stunning views of the lake. The surrounding greenery offers a tranquil environment away from the hustle and bustle of the city.

The project also offers a range of amenities, such as a clubhouse, swimming pool, and landscaped gardens. Residents enjoy a comfortable and luxurious living experience. Nandi Meraki’s architecture is modern and sustainable. With an emphasis on eco-friendly design. The project’s location provides easy access to schools, hospitals, and shopping centers. It is a convenient choice for families.

Nandi Meraki Property Price

Nandi Meraki is the Karnataka RERA Register Project. It has 444 apartments in 1 BHK, 2 BHK, 2.5 BHK, and 3 BHK, configurations. There are four towers. This project’s Registration No. PRM/KA/RERA/1251/310/PR/311222/005573. The initial cost of the apartment for the project is Rs. 70 lakhs to 1.78 crores.

The price range varies depending on the size, location, and amenities of the apartment. Potential buyers can choose from several options to suit their budget and preferences. These apartments offer a luxurious living experience with modern amenities. And convenient access to nearby amenities. Can you want to book an apartment. As per the payment plan, Rs. 50,000 will be charged. Here are the configuration-wise price details of Nandi Meraki units:

ConfigurationsSuper Built-up areaPrice
1 BHK715 sq ftRs 70 lakhs
2 BHK1075 sq ftRs 1.05 crores
2.5 BHK1590 sq ftRs 1.56 crores
3 BHK1750 to 1795 sq ftRs. 1.75 Crores
3 BHK1950Rs. 1.95 Crores
3 BHK1660-1820 sq ftRs 1.63-1.78 crores

Nandi Meraki Project’s Amenities and Facilities

The project will build world-class facilities. It seamlessly combines around 60 amenities. Amenities at Nandi Meraki include health and fitness. The health and fitness amenities at Nandi Meraki cater to various interests and levels. They provided residents ample opportunities to stay active and maintain a healthy lifestyle.

The facilities are equipped with state-of-the-art equipment and experienced staff to ensure safety. Whether you prefer cardio, strength training, or group classes. Nandi Meraki has everything you need to reach your fitness goals. Residents can enjoy a well-rounded wellness experience right at their doorstep. Social spaces for amenities such as an amphitheater, studio, and herbal garden area. And meditation room provides community engagement, creativity, and relaxation opportunities.

These spaces are designed to foster a sense of connection. Well-being between residents and visitors. A library, semi-outdoor workspaces, and co-working areas are available to cater to different needs and preferences. Fostering productivity and collaboration in a comfortable environment. These spaces offer a variety of options for people who want a quiet place to work or study. Also, providing opportunities for networking and sharing ideas with others.

Nandi Meraki Project Connectivity

Nandi Meraki project is connected to many areas of South Bengaluru. Below is the project distance to some important connectivity nodes:

  • Kempegowda International Airport is about 49 km from the project site via Bellary Road
  • NH-48, nearby, offers residents seamless inter-city connectivity.
  • The nearest railway station is KSR Bangalore at a distance of 18 km in South Western Zone.

Social Amenities Near Nandi Meraki Project

Residents and visitors can easily access shopping centers, restaurants, schools, and hospitals in the vicinity. The area is well-connected to other parts of the city. It is a convenient location for both work and leisure activities. The presence of parks and green spaces along Bannerghatta Road. Provides opportunities for outdoor recreation and relaxation. Nandi Meraki offers a well-rounded living experience with its convenient location and access to various amenities.

Schools Near Nandi Meraki ProjectHospitalsShopping Centers
Bengaluru Public SchoolFortis HospitalRoyal Meenakshi Mall
Chrysalis High SchoolT R HospitalGopalan Innovation Mall
VIBGYOR High SchoolSri Sairam HospitalNexus Mall Koramangala
St. Mary’s Convent SchoolVijayashree HospitalVega City Mall
St. Francis Xavier High SchoolApollo HospitalMarket Square Mall

Investment Potential for the Nandi Meraki Project

Bannerghatta Road is not only famous among the end-users. But also a potential housing hub to park money and home loans from an investment perspective. The area is well-connected to major IT hubs and has a good mix of residential and commercial developments. It is an attractive option for investors looking for long-term growth potential. The presence of reputed educational institutions, healthcare facilities, and entertainment options further enhance. The overall appeal of Bannerghatta Road as a real estate investment destination.

About the Floor Booking for Project

When you book the floor, you get the benefits. Now in a construction-linked plan (CLP), the first 2 to 3 installments are started. you can pay the project starting time pay 10 per cent. Another 10 percent pay after the casting build of the stilt roof was completed. This is discussed with the total information. The builder meets the buyer when he opts for a CLP plan.

You booked the apartment. However, you pay 95 percent for completed the construction. The remaining amount you should pay at the time of possession. Let’s see the Example of a CLP plan for a property of Rs 50 lakhs.

Payment Particulars (Total 100% paying information)Amount PaidTotal Payment Amount
10% booking amountRs 5 lakhsRs 5 lakhs
20% within the next 45 days of bookingRs 10 lakhsRs 15 lakhs
10% on completion of plinth/foundationRs 5 lakhsRs 20 lakhs
10% on the casting of the first-floor slabRs 5 lakhsRs 25 lakhs
10% on the casting of the second-floor slabRs 5 lakhsRs 30 lakhs
10% on the casting of the third-floor slabRs 5 lakhsRs 35 lakhs
10% on the casting of the fourth-floor slabRs 5 lakhsRs 40 lakhs
15% on the casting of the final-floor slabRs 7.5 lakhsRs 47.5 lakhs
5% on possessionRs 2.5 lakhsRs 50 lakhs

Advantages of CLP Payment Plan for Project

The advantages of the construction-linked plan (CLP) Payment plan for project include flexible payment options. Allowing customers to spread out payments over time and avoid large upfront costs. This can help improve cash flow for customers. Increase sales for project. The CLP Payment plan can attract new customers who may not have been able to afford the products otherwise. Expanding the customer base for project.

Disadvantages of CLP Payment Plan for Project

One disadvantage of the CLP payment plan for project is that it may lead to higher total costs due to interest charges over extended periods. Missed or late payments can negatively impact your credit score. It is very difficult to get financing or loans in the future.

The buyer already paying the rent of the current house. The buyer pays the EMIs and rental house payments. The pre-EMI, which is the rent of the residence and the interest portion of the loan, has to be borne. The final handover of the project may be delayed by 2-3 years as the projects are under construction. The builder asking for the installment amount has to bear the burden of suffering and interest on the loan.

Conclusion

The Nandi Meraki project in Bangalore offers luxurious amenities such as a swimming pool, gym, and landscaped gardens. With its prime location and modern design. This property is a great investment opportunity for those looking for a premium living experience in the heart of the city.

Furthermore, the Nandi Meraki Project also boasts top-notch security features. A dedicated concierge service to cater to the needs of its residents. This project is a perfect blend of luxury, convenience, and sophistication. It is a highly desirable choice for discerning homebuyers in Bangalore.

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Frequently Asked Questions

Q. When is the expected possession of Nandi Meraki project?

A. The project manager said Possession of Nandi Meraki Block 1 will begin by 2025.

Q. Is Nandi Meraki Project RERA Registered?

A. Yes, it is RERA Registered project.

Q. What is Nandi Meraki’s RERA number?

A. Nandi Meraki project’s Registration number is PRM/KA/RERA/1251/310/PR/311222/005573.

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