Imagine residing in a community dedicated to sustainable practices! Nandi Meraki, situated on Bannerghatta Road, offers precisely this vision, featuring a serene 14-acre lake and expansive green spaces encompassing 60% of the project. Beyond the picturesque landscape, Nandi Meraki incorporates several environmentally conscious features, such as a comprehensive waste management system and an advanced solar power plant. Let's delve into the project's specifics and unique selling propositions.
Bannerghatta Road stands as a desirable residential locale for both end-users and investors in Bangalore due to its strategic location. The area enjoys close proximity to significant commercial, industrial, and IT hubs like Jigani and Electronic City in South Bangalore. The locality is further enhanced by a well-established social infrastructure, encompassing numerous schools, hospitals, and shopping malls.
The investment potential of Bannerghatta Road is expected to escalate with the completion of the metro project. Recognizing these advantages, many established and emerging real estate developers are keen to launch projects in this area. Nandi Housing is among them, having introduced its latest venture, Nandi Meraki, on Bannerghatta Road. This article delves into crucial project details, encompassing pricing, features, and neighborhood highlights.
Nandi Meraki Project Overview
Nandi Meraki is a low-rise residential project on Bannerghatta Road in Tejaswani Nagar, spanning eight acres, with four-story buildings. A remarkable 60% of the project is dedicated to green spaces, catering to nature enthusiasts. The project comprises four towers housing 444 apartments, offering configurations ranging from 1-bedroom to 3-bedroom units, including a unique 2.5-bedroom option. Nandi Meraki's RERA registration number is PRM/KA/RERA/1251/310/PR/311222/005573, registered with Karnataka RERA.
Project Highlights
- Scenic 14-acre lake view
- 400 KW rooftop solar power plant
- Centrally installed heat pumps powered by solar energy
- Extensive 7,00,000-liter rainwater harvesting tanks
- Efficient organic waste composting system
- Optimized waste segregation framework for maximum recycling
Property Options and Pricing
Nandi Meraki's residential units, available in 1 BHK, 2 BHK, 2.5 BHK, and 3 BHK layouts, are housed within a four-story structure. Property prices start at Rs 70 lakh and go up to Rs 1.78 crore. The following table displays the configuration-based pricing specifics:
| Configuration | Area (sq ft) | Price |
|---|---|---|
| 1 BHK | 715 | Rs 70 lakh |
| 2 BHK | 1075 | Rs 1.05 crore |
| 2.5 BHK | 1590 | Rs 1.56 crore |
| 3 BHK | 1660-1820 | Rs 1.63-1.78 crore |
Payment Schedule
Interested buyers can reserve a unit at Nandi Meraki through a construction-linked payment plan. The balance amount becomes payable upon completion of respective construction slabs/stages. The booking amount is set at Rs 50,000.
Amenities
Nandi Meraki boasts over 60 amenities that facilitate a blend of comfortable living and well-being. Highlights include:
- Fitness and Health facilities
- Social Spaces
- Temperature-controlled swimming pool
- Pavilion
- Squash court
- Studio
- Gym
- Herbal Garden
- Pet Parks
- Mini Theatre
- Sand bed walkway
- Lake viewing decks
- Reflexology walkway
- Library
- Lotus Reflection Pond
- Senior citizen deck
- Children's play area
- Semi-Outdoor Workspaces
Location Highlights
Situated on Bannerghatta Road in Tejaswani Nagar, Nandi Meraki's strategic placement appeals to homebuyers. Its proximity to major employment hubs like Electronic City and Jigani Industrial Area, both within a 10-kilometer radius, contributes to the location’s popularity. This proximity also makes Bannerghatta Road a sought-after rental destination in the South Bangalore region.
Connectivity
Bannerghatta Road, a segment of SH-87, serves as a vital arterial route, connecting various localities within South Bangalore. NICE Road acts as another significant connecting route near the Nandi Meraki project. The following outlines the distance from key connectivity points:
- Kempegowda International Airport: 49 km via Bellary Road
- NH-48: Close proximity, ensuring seamless intercity transit
- KSR Bengaluru Railway Station: Approximately 18 km
Locality Price Trends
Bannerghatta Road, primarily a mid-segment housing belt, predominantly comprises apartments, plots, and villas. Currently, there's a limited supply of 2-bedroom units coupled with high demand for 3 BHK configurations. The average property price in the area is around Rs 6,200 per sq ft. Over the past five years, the region has witnessed substantial appreciation in property values:
| Parameter | 3 Years | 5 Years |
|---|---|---|
| Average Price | Rs 6,200 per sq ft | Rs 6,200 per sq ft |
| Appreciation | 15% | 25% |
Investment Potential
Beyond its appeal to end-users, Bannerghatta Road presents significant investment potential. Several planned infrastructure projects are expected to enhance the standard of living and boost property values. Noteworthy projects include:
- Namma Metro's Pink Line (under construction) will increase the area's accessibility. The Kalena Agrahara metro station will be about 3 km from the location.
- The proposed Kanaka Line of the Bangalore Suburban Railway Project, connecting at Huskur (14 km away), will bolster north-south connectivity within Bangalore.
These anticipated infrastructure advancements suggest the potential for significant property price appreciation on Bannerghatta Road. Nandi Meraki represents a promising investment opportunity in this area. Prospective buyers are advised to conduct thorough market research and multiple site visits to assess the project's progress before making a final decision.