New Launch: The Gran Carmen Address by The Address Makers

Published on May 2, 2013, 05:30 PM IST
The Gran Carmen Address
Project Overview by The Address Makers: The name 'Gran Carmen' stems from 'God's Vineyard' which appropriately captures the essence of life as we have planned it. The Gran Carmen Address is a plush residential project hosting extravagant villas of elegant architecture in an aesthetically designed space.

The landscape design reflects the overall story of the project which incorporates the natural environment into the design and offers you nature's beauty to indulge and enjoy.

The villas sit on a pedestrian field by isolating all vehicular traffic to the basement which is laid out in a courtyard format with various recreational areas and separate themes.

Home Facts:
  • Property Type: Villas
  • Beds: 3 and 4
  • Baths: 3 and 4
  • Land Area: 13.33 Acres
  • Units: 109 units
  • Unit Size: 2900 and 5530 sq.ft.
  • Neighborhood: Sarjapur Main Road
  • Price / Sqft: 6650* onwards

Key Features / USP of the project:
  • Double height ceiling in living or dining rooms in type 2, 3 and 4 villas.
  • Private entrance to your villa
  • 30000 sqft. club house
  • No vehicular movement on podium level.
  • Olympic size swimming pool.

Price: The base price of 6650 per sq.ft. for a villa is quite competitive. However, this price is only for non premium units like south or west facing units. Pemium units with North, East or garden facing will be charged an additional 200 per sq.ft and water facing villas will be charged 400 per sq.ft. The massive 30000 sq.ft club membership will be charged a nominal one time fee of 2,50,000 ( quite low when compared to club fee of most apartments), other fixed cost include 6,00,000 for 2 covered car park, BESCOM / BWSSB at 150 per sq.ft. and annual maintenance deposit of 48 per sq.ft. per villa. This sums the total cost of a 2900 sq.ft villa to 2.3 crores (exclusive regn.). The initial booking amount of 20% of unit value is expected by the builders.

Location: Gran Carmen is located adjacent to Decathelon on Sarjapur road. The project site is approximately 4.5 KM far from Total Mall Sarjapur road, 10 KM from Koramangala and Silk board.

The project is planned to be launched on 3rd May-13 and expected to be completed in 30 months.

About the builder :
The ADDRESS MAKERS is a professionally managed real estate development arm of INDIAREIT Fund.
INDIAREIT is  promoted by Piramal Enterprises, a multi-billion dollar business conglomerate with diverse interests such as pharmaceuticals, specialty glass, real estate and financial services with operations in over 100 countries across three continents.
INDIAREIT started in 2006 and today encompasses an overall corpus of over USD $900 million and 60 million Sq.ft of built up area under management.  The fund has investments across various real estate projects in Mumbai, NCR, Bangalore, Hyderabad and Chennai.
THE ADDRESS MAKERS has carved out a vision that it foresees to achieve in residential offerings. The expertise and practical understanding of real estate industry offers an inherent assurance of successful implementation & timely delivery of real estate projects.
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