Bangalore's Pashmina plans affordable luxury project.

Pashmina Developers, the Bangalore-based real estate firm, has launched a new residential project called Pashmina Brookwoods in Karnataka's capital city. It is positioned as an affordable compact luxury apartment project in Bangalore city.

Spread over a 10.5-acre campus, the residential project, coming up near Budigere Cross, Old Madras Road, comprises five residential towers ranging from 10 to 14 floors. A total of 1,887 apartments offer a wide range of options to suit the customers’ budget.

The 330 sq ft studio, 525 sq ft 1 bedroom and 657 sq ft 2 bedroom apartments carry the basic price band of Rs 3,790 per se ft and costs approximately in the Rs 10.50–Rs 23.02 lakh range.

The project designed by Hafeez Contractor, a renowned architect, claims to offer efficiency and comfort. The first phase consists of 1,155 apartments which would be ready for delivery by August 2016.

'Pashmina Brookwoods is the only project in Bangalore that offers compact apartments in such unique sizes in the 300-657 sq ft range but still with large balconies and such intelligently planned layouts and floor plans that won’t make the occupants sense a feeling of compromise in any aspect – privacy, utility, natural sunlight and ventilation, easy movement within the apartment, placement of necessary furniture or storage spaces,' Vivek Jaiswal, head- sales and marketing at Pashmina Developers told Financial Chronicle.

Some of the facilities and amenities included in the project are the entrance plaza with water body, half basketball court, amphitheatre, gazebo, viewing decks, tea deck, seating alcoves, jogging track, reflexology path, and multipurpose open lawn.

Jaiswal said the property also offers beautified brook, pebble path way, swimming pool, children play area, crèche, 10,000 sq ft clubhouse, convenience store and 24 hours power back-up for common areas as well as apartments.

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