The Salarpuria Sattva Group, with projects in commercial, retail and residential development, announced the launch of two ultra-luxury residential projects – Luxuria at Malleswaram and Magnificia at Old Madras Road.“It is a good time for end users to buy a home as the market is again at the threshold of a boom. The cost of owning a home will only escalate in the second half of this year and in the year to come,” opined Bijay Agarwal, Managing Director, Salarpuria Sattva Group, at a press conference in the city.“Bangalore is growing by leaps and bounds. In a year’s time with better infrastructure and better connectivity, the prices are definitely likely to go northwards,” he predicted.Explaining the reason for the group launching projects in the luxury segment, he added, “There is a huge demand for luxury homes in Bangalore as people today are well- travelled and expect only the best. The discerning buyer today has international standards as the benchmark when it comes to expectations from a home.” “To cater to this demand, we at Salarpuria Sattva present these two ultra luxury offerings – Luxuria and Magnificia in the two most happening localities of Bangalore – Malleshwaram and Old Madras Road (2 km from Indiranagar).” “Both these projects promise to be a great addition to the Bangalore skyline. The structure and amenities, right down to the small detailing are precise and of world class standards. The great thing about both projects is that no home shares a wall with another and so the privacy you get is unbeatable,” he elaborated.Luxuria – setting new benchmarksTo have an address like Malleshwaram to your credit is a huge plus point.Considering the fact that the residential development in the area is limited, to having a home in the center of this bustling location is a boon.With proximity to one of the largest malls in Bangalore, high profile schools and medical facilities, five star hotels and of course the upcoming metro rail, Malleswaram is all that a prime location is cut out to be.The project has two residential towers of 22 floors and 17 floors – comprising a range of super-luxury three bedroom apartments, villa flats and penthouses. These range between 2200 sq.ft and 4500 sq.ft.The project is surrounded by a voluminous 82 per cent green open space approximately.Amenities include a water cascade, play area for children and toddlers, a place to chat up the neighbours and even space for a bit of night life within the confines of your own building.For the sports enthusiasts the basketball court, terrace swimming pool, outdoor jacuzzi, tennis court, indoor badminton court, squash court and the cricket practice pitch will be most welcoming.Apart from the above there is full-fledged gym, billiards and table tennis.Some luxuries that you should be entitled and are present in Luxuria are highspeed elevators. You will be doing your bit for the environment with the water treatment plant on the premises, a hydro pneumatic pumping systems and sewage systems as well as rainwater harvesting systems. There are also single point solar lights for all common areas.The added feature of this project is safety, security and lifestyle by providing gas detectors, smoke detectors, providing video door phones, CCTVs installations at all major spots. In case of emergency fire fighting systems are available on all floors.Magnifi ciaMagnificia on Old Madras Road is under joint development with M/S TTK Prestige Ltd. This project has been given a five star rating by CRISIL Real Estate Star Ratings. This comprises of four blocks, three are residential and one commercial.The commercial tower will house corporate office spaces.Considering that Byappanahalli is a starting point for the Metro, its proximity to the IT hubs like Whitefield and ORR becomes an added advantage.The Magnificia has a club house a terrace pool and for the sports enthusiasts the basketball court, outdoor jacuzzi, tennis court, indoor badminton court, squash court and the cricket practice pitch.Apart from the above there is full-fledged gym, billiards and table tennis – similar to Luxuria.
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