Habitat Ventures to launch three new projects
Bangalore’s housing developers Habitat Ventures offers three residential projects to meet the growing demand in mid segment housing. The organization totally presents around 900 world-class, residential units housed at Habitat Iluminar, Habitat Eden Heights and Habitat Aura, located Off-Mysore Road, Whitefield and Off-Bannerghatta Road respectively.
The management of Habitat are professionally qualified architects and this sets them apart from competition. This resonates in their project offering, consisting of efficiently planned homes ranging from 2BHK, 2.5 BHK, 3BHK and 3.5 BHK with world-class amenities in a safe and secure community. In addition, these homes are vaastu compliant.
Habitat Iluminar, Shivaram Kumar Malakala, Co-founder & Joint Managing Director, said, “There is a continuous demand for efficiently-built homes at affordable prices in accessible and convenient localities, we are confident of a high absorption rate of our projects.”
“Moreover all the 3 projects are located within walking distances from our Namma Metro, making them even more exciting for buyers,” opinioned Bhaskar T Nagendrappa, Co-founder & Joint Managing Director.
Piramal Fund Management has invested over Rs.110 crore in these projects in a combination of debt and equity, unlike other investments which are debt-based. This is the first investment by Piramal in Habitat Ventures which has till date developed 2.5 million square feet of residential, commercial and plotted space in Bangalore. Habitat Iluminar is being launched now, while Habitat Eden Heights and Habitat Aura, scheduled to be launched in August and October respectively, this year.