Pashmina Developers "Brook Woods" - Pre-Launch

Published on Feb 02, 2013, 01:20 AM IST
Pashmina Developers are expected to pre-launch their new project "Brook Woods' in a couple of weeks. Brook Woods is located off Old Madras road near Budigere Cross, Bangalore. This project is planned with 1 & 2 bedroom options and expected to house 1500 units in a span of 10 acres. Brook Woods may witness robust demand with its pricing starting from 15 to 25 lakhs and if developer extends the 'Live Lite' scheme where the customer pays only 20% on booking without Pre-EMI's till possession. We are yet to get a final confirmation on Live Lite scheme. It's also heard that one bedroom units start at 500 sqft which we expect to be priced at 15 lakh for which average base price works out to 3000 / sqft.

It looks like Pashmina has followed a similar trend which Brigade constructions and Tata Housing implemented on value homes. This is a smart move by the builders as there is a lot of demand for 2 BHK that are priced between
20 to 30 lakh. The only inconvenience in the mid-housing segment is the distance between the workplace and one's residence. The good side of it being, customers get a discount of 1% on home loan interest rates for loans below 30 lakh and most outskirt neighborhoods have decent infrastructure and well connected roads.

(Read our review on
Pashmina Brookwoods)

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