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OWNING AN APARTMENT AT BRIGADE GATEWAY IN NORTH-WEST BANGALORE IS A PRIVILEGE AS IT HAS BEEN DESIGNED AS A LIFESTYLE ENCLAVE SUPPORTED BY A SUPERSPECIALTY HOSPITAL, MALL, MULTIPLEX AND SCHOOL

Brigade Gateway is located in North-West Bangalore where some neighborhoods still capture the good-old Bangalorean way of life and where owning an independent house is still a status symbol. Bangaloreans today are opting to shift into high-rises and residential enclaves that are designed as 'lifestyle enclaves' supported by essential infrastructure like a super-specialty hospital, mall, multiplex and a school, among others.

Gateway has been designed as an enclave comprising residential, retail, commercial and hospitality sections. Designed by New Yorkbased architectural firm H O K, it spans 41 acres. Central to the project is a 2-acre manmade lake. Landscaped seating areas, benches, tree-lined promenades and open–air cafes will border the lake.

The development will comprise over 1,200 apartments spread across 13 residential wings, a Sheraton hotel and an 8-lakh sq ft mall. Also in the offing is a 30-storied office complex adding up to 1-million sq ft of commercial space, a 152-bed hospital to be run by Columbia Asia, the Brigade School and a 12-screen multiplex to be set up by the PVR Group. The office tower, called North Star, would be connected to the hotel through a sky-bridge. It includes an observation deck and a helipad.

The Orion Mall is spread over five levels, offering a wide choice of retail, entertainment and food and beverage outlets. According to the company, the mall's attractions include a stage, amphitheatre, four-storey atrium, extensive landscaping and water features, exhibition and event space and a pedestrian plaza.

Gateway is among the two enclaves that the Brigade Group is currently developing in Bangalore. The second, Brigade Metropolis, is in south Bangalore in the Whitefield technology hub.

According to realty consultant Cushman & Wakefield, prime residential property rates in Malleswaram-Rajajinagar hover around Rs 4,675, registering a 2% increase in the past 12 months. These are average values for a three-bedroom unfurnished premium apartment measuring 2,000-3,000 sq ft.

While parking woes continue to bog Bangalore, the enclave has provision for a multi-level car park, adjoining the office tower, and can accommodate over 2,000 cars. The multi-level car park will extend across two levels of basement and seven upper levels. Additional parking of two basement levels in all zones will be provided. In all, there is a provision to park over 6,000 cars.

The project is located well within the city, around 10 km from M G Road CBD. In future, a metro rail station will come close to the project. Here, prices have seen a significant appreciation since the launch of the project in early 2006. Prices of apartments range between Rs 5,810 and Rs 7,490 per sq ft and are valid till July 31.

Courtesy:- ET dtd:- 6^th july 2008

Date: 08 July 2008, Tuesday
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