PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 7 Oct, 2015

What isPROPINSIGHT?PROPINSIGHT?

Price Insight

This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.

Project Insight

This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.

Builder Insight

This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.

Locality Info

This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.

Project Size9 Towers

Configurations1,2,3 Bedroom Apartment

Possession StartsFeb `15

Patel Smondo 3Patel Smondo 3Electronics City, Bangalore

17 Lacs onwards17 Lacs onwardsLivability Score

7.4/ 10

What isPRICE INSIGHT?PRICE INSIGHT?

Pricing Comparison

Comparison of detailed prices with various other similarprojects

Pricing Trends

Price appreciation and trends for the project as well as the locality

Price versus Time to completion

An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others

Price Trend Of Patel Smondo 3P

rice

(Rs

per

sq ft

)

Patel Smondo 3 VS Electronics City, Bangalore

4,046 4,037

4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300 4,300

3,519 3,5163,540 3,543

3,613 3,622

3,6603,695 3,711

3,729 3,7223,701 3,704 3,719 3,729 3,739 3,747 3,741

Smondo 3 Electronics City

Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '153400

3500

3600

3700

3800

3900

4000

4100

4200

4300

4400

1BHK+1T

360, 550, 675

2BHK+2T

1050,1060

3BHK+3T

1275, 1315

For more information, visit here

Property TypeProperty Type

Area (sq.ft.)Area (sq.ft.)

Price Comparison With Other Projects Similar To Patel Smondo 3

Patel Smondo 3Electronics City, Bangalore

Patel SmondovilleElectronics City, Bangalore

Mahendra Homes ElenaElectronics City, Bangalore

Primary Purchase Price 4,300/sq.ft. N.A. 3,800/sq.ft.

Advance MaintenanceCharges (Month)

Rs. 1 (One time) Rs. 1 (One time) Rs. 1 (One time)

Car Parking Charges Covered : Rs. 2 Lacs (One time) Open : Rs. 1.3 Lacs (One time)

Covered : Rs. 2.3 Lacs (One time) Open : Rs. 1.7 Lacs (One time)

Covered : Rs. 2.3 Lacs (One time)

Power Backup Charges Rs. 20,000 (One time) Rs. 20,000 (One time) Rs. 50,000 (One time)

Club House Charges Rs. 75,000 (One time) Rs. 60,000 (One time) Rs. 1 Lacs (One time)

*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here

Price Versus Time-To-Completion

Patel Smondo 3's current price is Rs. 4300/sq. ft. and it is in Ready to Move In stage.

In comparison to locality, Patel Smondo 3 is overpriced by Rs. null/sq. ft.

Highest price in the locality is for SJR Primecorp Crystal Cove at 5500/sq. ft. and it is in Ready to Move In stage.

Lowest price in the locality at Kritan Urbane Living Asta at 3100/sq. ft. and it is in Ready to Move In stage.

Bui

lder

Pri

ce (

Per

Uni

t Are

a )

Current status of projects in 5 km vicinity of Patel Smondo 3

Patel Smondo 3 GM Infinite E City Town Kritan Urbane Living Asta Patel Smondo 4 Aratt Amora SJR Primecorp Crystal Cove Aratt Firenza Mahendra Homes Elena 5Aratt Requizza GK Shelters GK Meadows MJR Builders Clique

New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in2500

3000

3500

4000

4500

5000

5500

6000

For more information, visit here

Demand Comparison With Other Projects Similar To Patel Smondo 3

AnalysisAnalysis

Smondo 3 has 11.67 % demand amongst all projects inBangalore.

The highest demand 52.88% in Bangalore is for Smondo 4.

The lowest demand 0.16% in Bangalore is for Asta

Dem

and

Demand of projects in 5 km vicinity of Patel Smondo 3

11.67%

52.88%

15.25% 14.86%

5.18%0.16%

Smondo 3

Smondo 4

Smondo 2

Smondoville E City Town

Asta0%

50%

25%

75%

Dem

and

Demand in popular localities of Bangalore

8.76%

12.20%

5.35%4.32% 4.31% 3.70%

Electronics City

KR Puram

Begur Bellandur Whitefield Hope Farm

Junction

Horamavu0%

5%

10%

15%

AnalysisAnalysis

Electronics City has 8.76 % demand amongst all projects inBangalore.

The highest demand 12.20% in Bangalore is for KR Puram.

The lowest demand 3.70% in Bangalore is for Horamavu

For more information, visit here

PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others

Basic Details Comparison

A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects

Amenities Comparison

A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects

Patel Smondo 3 Comparison With Other Similar Projects

Patel Smondo 3Electronics City, Bangalore

Patel SmondovilleElectronics City, Bangalore

Mahendra Homes ElenaElectronics City, Bangalore

Livability Rating* 7.4/10 7.4/10 7.0/10

Safety Rating* N.A. N.A. N.A.

Builder Patel Patel Mahendra Homes

Locality Electronics City, Bangalore Electronics City, Bangalore Electronics City, Bangalore

Number of Towers 9 18 2

Project Land Area 2.5 Acres N.A. 1.225 Acres

*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more

*Safety rating is provided on the basis of safety pin data

For more information, visit here

Patel Smondo 3 Comparison With Other Similar Projects (Continued ...)

Patel Smondo 3Electronics City, Bangalore

Patel SmondovilleElectronics City, Bangalore

Mahendra Homes ElenaElectronics City, Bangalore

Part of Township Yes Yes No

Average Flats Per Floor N.A. N.A. 5.5

Loading Percentage N.A. N.A. N.A.

Launch Date Dec `11 Feb `10 Sep `12

Possession Date Feb `15 Dec `12 Jun `14

Delay 20 month(s) On time 5 month(s)

For more information, visit here

Common Amenities Gymnasium Swimming Pool Children's play area Club House Multipurpose Room

Amenities not available in anyproject

Sports Facility Landscaped Gardens Cafeteria Rain Water Harvesting Golf Course Maintenance Staff

Amenities Comparison Of Patel Smondo 3 With Other Similar Projects

Patel Smondo 3Electronics City, Bangalore

Patel SmondovilleElectronics City, Bangalore

Mahendra Homes ElenaElectronics City, Bangalore

Jogging Track

Indoor Games h h

Car Parking

Visitor

24 X 7 Security

For more information, visit here

BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder

Builder Profile

A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.

Delivered Projects

Info about top projects that have been delivered by builder in thepast, their date of delivery etc.

Under-Construction Projects

Info about top under-construction projects of the builder along withtheir price appreciation trends

Experience 8 Years

Project Delivered 8

Ongoing Projects 4

Overview Of Developer (Patel)

Patel Realty India Limited or PRIL is a wholly owned subsidiary and group company of the Patel

Engineering Group. This Firm is over 60 years old and has global business interests in power,

infrastructure and tunnelling with a market capitalization surpassing Rs. 10, 000 crore or $ 2 billion.

Patel Realty was founded by Shri Pravin Bhai Patel and started its journey in the year 2007 in

Mumbai. The company’s mission lies in the acquisition and development of real estate assets that are

present in contemporary urban environments where demands for quality housing have only gone up

with time on account of lifestyle changes. The portfolio of property by Patel Realty spans residential,

IT Park, commercial, retail, hospitality, SEZ, entertainment and waterfront development segments.

The company prides itself on its huge experience and knowledge garnered from the parent company

throughout several years, particularly with regard to building and developing civil engineering

projects. The company specializes in offering cost effective solutions to customers and delivering

workable solutions. The company builds several kinds of structures in addition to following

sustainable construction methods and refurbishing existing structures. The company also offers pre-

planning and purchase advice for projects in addition to taking care of procurement, analysis, design

and construction.Unique Selling Point:Unique Selling Point:

The company aims at bringing about change in the realty industry through setting newer standards,

innovation, quality and affordability with a view towards creating greater value for customers and

investors. The company believes in engaging natural resources for efficient and sustainable use

across its projects. The USPs of the company include detailed planning, fusion of traditional and

contemporary architectural styles, environmentally sensitive construction, honesty, business ethics,

quality customer service, community engagement and a skilled team of the best employees across

diverse sectors.

Every building developed by the company is symbolic of top class planning, appealing design,

innovation, environment friendliness, quality technology and supreme professionalism. The company

wishes to cater to customer needs right from start to finish in addition to building lifelong

relationships with its clientele. The company starts with in depth analysis of the land with a view

towards preserving any historical structures or sites that may exist and determine the best use of the

same. The project is delivered within budget and time and cost effectiveness is a guiding philosophy

at the company. Holistic Life is a concept manifested by the company across its projects and it works

with the best architects, consultants and designers for the same. The company has its own quality

monitoring process and information technology systems to maintain transparency, quality and

accountability.Landmark Projects:Landmark Projects:

Some of the landmark projects developed by the company include Smondoville which is a collection

of smartly priced condos that come with the best amenities and other fixtures in addition to lovely

living environments. Smondo 2.0 is another landmark project offering several condominiums to

clients at a premium location along with several amenities and innovative project designs.Key Technologies Used:Key Technologies Used:

The company makes use of environment friendly technology and adheres to the guidelines issued by

the Indian Green Building Council and the LEED rating system. The company also uses information

technology to streamline processes and ensure greater quality and transparency in addition to better

project management.Type/Category of Projects:Type/Category of Projects:

The company believes in offering cost effective living solutions to customers without compromising

on aesthetics, location or amenities.

Top Projects Delivered By Patel

Patel Smondo 3Patel Smondo 3Electronics City, Bangalore

Livability Score

Project was delivered on Feb, 2015 after a delay of 20 month(s).

Patel SmondovillePatel SmondovilleElectronics City, Bangalore

Livability Score

Project was delivered on Dec, 2012

Patel Smondo 2Patel Smondo 2Electronics City, Bangalore

Livability Score

Project was delivered on May, 2014 after a delay of 8 month(s).

For more information, visit here

7.4 7.4

7.3

Projects Under Construction By Patel

Patel SmondoPatel SmondoHitech City, Hyderabad

Livability Score

Project is expected to be delivered on Jun, 2017

after a delay of 12 month(s).

Has seen a price appreciation of 21 % 21 % over last 29 month(s)29 month(s)

Patel Neo TownPatel Neo TownTechzone 4, Noida

Livability Score

Project is expected to be delivered on Dec, 2016

For more information, visit here

6.5 6.4

LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality

Play Schools Near Patel Smondo 3, Bangalore

Play SchoolsPlay Schools

11 Manav Montessori 1.69Km1.69Km

22 Little Elly Preschool 2.66Km2.66Km

33 ISBR Business School 2.53Km2.53Km

44 XIME 3.45Km3.45Km

55 BTL Institute of Technology &Management 3.93Km3.93Km

Top 5 Play Schools (within 5 kms)Top 5 Play Schools (within 5 kms)

SS Represents the location ofPatel Smondo 3

For more information, visit here

Schools Near Patel Smondo 3, Bangalore

SchoolsSchools

11 WeSchool 2.46Km2.46Km

22 VIBGYOR High School 3.90Km3.90Km

33 Sorsfort International School 3.79Km3.79Km

44 Candor International School 4.11Km4.11Km

55 Treamis World School 1.07Km1.07Km

Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)

SS Represents the location ofPatel Smondo 3

For more information, visit here

Restaurants Near Patel Smondo 3, Bangalore

RestaurantsRestaurants

11 Hotel Anugrah 3.93Km3.93Km

22 Bistro Bytes 1.88Km1.88Km

33 Vijaya Darshini Veg Hotel 3.16Km3.16Km

44 Andhra Mess 3.69Km3.69Km

55 Volga food court 3.86Km3.86Km

Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)

SS Represents the location ofPatel Smondo 3

For more information, visit here

Hospitals Near Patel Smondo 3, Bangalore

HospitalsHospitals

11 Narayana Hrudayalaya 4.02Km4.02Km

22 Narayana Health City 4.04Km4.04Km

33 Naryana Hrudalaya 4.04Km4.04Km

44 MSM Speciality Hospital 4.36Km4.36Km

55 Ramakrishna Healthcare &Trauma Centre 3.24Km3.24Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

SS Represents the location ofPatel Smondo 3

For more information, visit here