Introduction
Sriram Properties, a renowned residential developer in South India, has unveiled its newest RERA-approved residential project, codenamed “Ultimate”, near Electronic City, Bangalore. Developed on a joint development model, the project has an impressive salable area of approximately 5.0 lakhs sq. ft.
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On March 13, 2024, real estate developer Shriram Properties announced its latest RERA-approved residential project, codenamed Ultimate, at Rs. It has officially been announced that it has started with a revenue potential of Rs 350 crores.
Located near Electronic City, Bangalore, the project will be developed on a joint development model. A total salable area of approximately 5 lakh square feet (sq. ft). This Balinese-inspired project consists of 414 units in six towers. It also includes integrated coworking spaces and expansive open spaces.
Spacious Apartments
The residential development offers a selection of two-bedroom and three-bedroom apartments. The project’s strategic location just minutes away from the Electronic City facilitates access to the nearest upcoming metro station, quality healthcare facilities, and the city center. Moreover, it is close to premier schools, colleges, and hospitals.
Over 40 World-class Modern Facilities
The project has a 14,000-square-feet clubhouse. Designed to accommodate a variety of recreational and wellness activities. With over 40 world-class modern amenities, the clubhouse offers enjoyment to residents of all ages. It has a variety of options for relaxation and well-being, from fitness facilities and social spaces to meditation areas.
Sriram Properties has already completed and delivered 2,700 units to customers in three projects, namely Sriram Summit, Sriram Signia, and Sriram Smriti, in the last 3–5 years. The company is engaged in the process of handing over another 650 units recently completed the Sriram Liberty Square.
Offers a World-Class Lifestyle
Vivek Venkateshwarlu, Chief Sales and Marketing Officer, Sriram Properties, said, “The combination of employment opportunities, strong connectivity, and demand for high-quality housing in and around Electronic City makes this region an ideal destination for home buyers and investors.
Despite the prevailing focus on the Electronic City, the demand for high-end residences in adjacent areas is increasing. This encouraged our decision to prioritize the launch of our project, codenamed Ultimate, to address this market gap. We consider this project to be a preferred choice for prospective homebuyers seeking a world-class lifestyle.
Conclusion
Sriram Properties has launched a new project, “Codename Ultimate.”. Offers a good opportunity for home buyers and investors seeking quality residences near Electronic City, Bangalore. Built with its exceptional Balinese-themed architecture, strategic location, and extensive facilities provided in the expansive clubhouse. Codename Ultimate aims to create comfortable and contemporary living. For more information, visit Openplot.
Also read: Joint Ownership of Property: How Many Types