Unishire Wynn Tower
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Transcript of Unishire Wynn Tower
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REAL ESTATE FACT SHEET UNISHIRE WYNN TOWERS
Unishire Wynn Tower
Project Snapshot
Segment: Mid Segment
-Type: Apartments
-Units: 2 BHK, 3 BHK
-Total Units: NA
-Size of Units: 1099-1511 sqft
-Launch Price: INR. 3,800
-Launch Date: Soft Launch
-Possession: To be Announced
-Land Holding
-Approvals: BBMP approval is obtained
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- Layout Analysis: Spread in an area of 4.25 acres, the project will have over 300 units of 2
and 3 BHK apartments.
-Amenities: Swimming Pool, Gymnasium, Jogging Track, Club House, Indoor Games,
Children Play Area Power Back Up, Garden, Power Backup, 24X7 security
- Payment Schedule: NA
- USP: Moderately priced apartments located in a very upcoming location in South
Bangalore
Price Comparison
The project is moderately priced in comparison to numerous other popular projects in the
Bangalore city.
Figure 1: Price comparison of some of the key projects in Bangalore in terms of INR/ sqft
Appreciation Analysis
Mentioned below are some of the major residential projects in and around, Bannerghatta
Road, where the project is being developed.
- Hiranandani Glen Gate: Launched in 2013, the project involves a total of 288 units spread
across an area of 10 acres. The project offers 2 and 3 BHK apartments at a price of INR 7000
per sqft.
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- Hiranandani Queensgate: Launched in February 2014, the project involves a total of 400
units comprising of 1, 2 and 3 BHK apartments. The project will be ready for possession in
2018 and is associated with a price of INR 5,000 per sqft.
- Sound of Water: The luxury project by Puravankara is located on an area of 20 acres and
involves 132 units of 3 and 4 BHK units. Launched in August 2014, the project will be ready
for possession by mid of 2017. The price of the project is roughly INR 7000 per sqft.
- Mahindra Lifespace Windchimes: Spread in an area of 6 acres, the project will have a total
of 400, 3 and 4 BHK apartments, involving a total of 4 buildings. Launched this year in
January, the project is expected to be ready by September 2017 and involves a price of INR
6,800 per sqft.
Mentioned below are some of the major residential projects developed by Unishire in
Bangalore.
-Unishire Verzure: The project is located in Jakkur and is spread in an area of 1.3 acres,
involving a total of 67 units. The project has been launched in previous year in March 2014
and is expected to be ready by this year end. The price of the project which involves 2 and 3
BHK is INR 3,850 per sqft.
- Unishire The Weave: It is a mid - segment Luxury project situated in North Bangalore off
Thanisandra Main Road. The project offers 2 & 3 BHK Luxury apartments with modern
features and amenities. The project has a price of INR 3,850 per sqft.
- Unishire Spacio: Located in Bannerghatta road, the project is under construction and is
expected to be finished by September next year. The project involves 2 and 3 BHK apartment
with a price of INR 4,500 per sqft.
- Unishire Terrazza: Located in an area of 3 acres in Hebbal, the project involves 2, 3 and 4
BHK apartments. The project is expected to be finished by October 2016 and the price
associated is INR 4,950 per sqft.
Location Analysis
Located in South Bangalore, Bannerghatta road is touted as one of the prime real estate
locations in Bangalore with property prices appreciating at 20% in the recent past.
The location is conveniently placed with the IT corridor of the South and South East
Bangalore such as Electronic City. The location has a robust social infrastructure in the form
of education institutions, medical centers and retail outlets. Some of the leading schools in the
nearby location involve Ryan International, Shree Chaithnya, Sherwood, National Public
School and Delhi Public School. Likewise nearby hospital encapsulates Apollo, Fortis,
Jayadeva and Sagar etc. The projected is also located in close proximity with numerous malls
such as Meenakshi, Gopalan and Big Bazaar etc. Not to mention that IIM Bangalore, one of
the top notch B-school in India is also located nearby.
- Distance from Major Landmark
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Land Mark Distance (KM)
Bangalore City Junction Railway Station 21.8
J P Nagar Bus Stop 2.9
Bangalore International Airport 49
MG Road 19
-Nearby Infrastructure Development
South Bangalore has a well-developed infrastructure. As mentioned above, it is home to
some of the leading education institutions, retail outlets, malls and hospitals. The location is
conveniently placed with numerous new SEZs in Electronic City, Varthur and Begur area.
Likewise a large number of fortune 500 companies have offices located in the South
Bangalore area. Nemma Metro is also set to enter the area in its second phase connecting
Gottigere to Nagavara passing through the IIM Bangalore. The advent of metro is expected to
cut down the road traffic drastically.
- Comparison: If a region wise analysis is conducted East and North Bangalore are two of the
most sought after region in the city. East Bangalore is home to some of the leading IT and
commercial parks of the city and hence is high up on the agenda of professionals working
over there. Likewise locations such as Hennur Road, Tumkur Road and Yellahanka in North
Bangalore are also touted as a high growth region. The advantage of North Bangalore lies in
its proximity to the airport, ease of access to the city through the Bellary Road and upcoming
commercial project such as the Manyata Tech Park.
Notwithstanding the fact that South Bangalore is a step behind its north and eastern
counterparts in contrast to growth prospect, the region has its own charm. While East and
North are still upcoming; South Bangalore already boasts a well-developed social
infrastructure and hence is preferred by individuals, who opt for trusted names of schools,
retail outlets and hospitals.
A well-developed social infrastructure, easy connectivity to IT parks such as Electronic City
coupled with upcoming metro project make Bannerghatta location in South Bangalore as one
of the promising locations in the city. The area already has a thick concentration of residential
projects, which will be further augmented with players such as Hiranandani and Mahindra
coming into the picture. Hence keeping everything in perspective, at Kin Housing, we
estimate an expected 10-15% appreciation for the project in the coming time.
Builder Analysis
- SWOT of Unishire
Strength
- Strong hold in residential sector in
Weakness
- Reach is limited to Southern Indian-
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Bangalore
- Trusted brand name
- Works with world class architects and
consultants.
- Gives strong emphasis on selecting
the optimum site for constriction, which
can ensure high Return on Investment
(ROI) and future price appreciation.
- Known for executing projects on time
- Have been active since 1987
- Around 15 million sqft of project under
development.
Bangalore and Mysore.
- Is comparatively small in size, when
compared with other industry
heavyweights such as Prestige, Mantri
and Sobha etc.
Opportunities
- 10 -15% rise in demand expected in
terms of residential units in 2015
- Political stability, rise in output, job
creation and sound investment
fundamentals expected to further
stimulate demand
- Expected further reduction in Repo
rate will result into easy home loans
Threat
- Economy will take some more time to
fully recover. Rupee depreciation
continues (Though this can boost NRI
investment)
- Subdued market sentiments in the
recent past
- Large unsold inventory
- Nothing specific to real estate has
been discussed in the present Union
Budget 2015.
- Delivery status of recent projects by Purva
Projects Status
Unishire
Panamera
Ready for possession since Dec
2013
Unishire Atrium Ready for possession since Dec
2014
Unishire The
Ledge
Ready for possession since Jun
2013
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www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website.
Unishire Avalon Ready for possession since Aug
2012
- Customer Feedback: Unishire is one of the rapidly emerging brands in the Indian realty
market with strong focus on meeting up the lifestyle and living standard requirements
of the end users. As en entity, Unishire works with top quality architects and
consultants and strives towards offering a high end solution to the customer.
- Conclusion
-Reasons to invest in the project
-High appreciation expected in the coming time on the backdrop of rise in commercial,
infrastructure and social activities.
- Trusted builder brand name
- Range of amenities, yet moderately priced compared to other projects in the same area.
- In close proximity to the vast IT space of Bangalore and hence will be preferred by
individuals working over there. The location also has Powerful retail and social
infrastructure along with upcoming infrastructure projects.