Sterling Ascentia – Overview
Space. Blue and green space. Where space brings you closer to yourself and your loved ones, where love and care envelopes the letter of immense joy, is your safe cocoon. Sterling Ascentia is designed around your freedom. This 6 acre lavish project on the Marathahalli – Sarjapur Outer Ring Road offers superior value to your investment. Designed for inspired living, here is the address of urban Bangaloreans.
Sterling Ascentia. It is the address where care lives.
Sterling Ascentia – Configuration
- Land Size : 6 Acres (Approx)
- No of Towers Proposed : 4
- No of Units Proposed: 280
- No of Floors per Tower : Lower / Upper Basement, Ground + 14 Floors
- No of Units per floor : 4 Per floor in Tower 3 & 4, 6 per floor in Tower 5 & 6.
- 2 BR + Study / Family + 2T – 1591 Sft
- 3 BR + 3T — 1885 / 1890 / 1927 / 1980 / 2004 Sft.
- 3 BR + 3T + Maid’s Room — 2015 Sft.
Sterling Ascentia – Approval Status
- BDA – N.O.C obtained
- Bank Approvals under Process
Sterling Ascentia – Expected Possession
- ( Q3 of 2016) Onwards
Sterling Ascentia – Location
South and East Bangalore are nearing saturation. But if there’s one area that’s still seeing significant real estate action, it’s Sarjapur Road.
Development in the area started later, and now, on account of its proximity to the IT clusters around Madiwala, Outer Ring Road (ORR), Whitefield and the Marathahalli-Sarjapur stretch, as also commercial developments along the road, the stretch is hot property.
Wipro came up with a campus on the road some five years back. Infosys has acquired 202 acres in the area to set up an IT SEZ, which is expected to become operational this year.
Analysts say Infosys’ announcement about its project triggered developer activity, anticipating greater residential demand. Land prices in Sarjapur village shot up from Rs 75 lakh to Rs 2-3 crore an acre. Sobha Developers has a 130-acre land in Gunjur, on the Whitefield-Sarjapur Road stretch. India REIT and SunCity, Mantri Developers and Salarpuria have land parcels in and around Sarjapur Road.
“The Varthur-Sarjapur Road stretch is seeing villas coming up. The area has the potential for capital value appreciation,” says Naresh Dandapat, regional director-south for property consultancy Knight Frank India.
Karun Varma, MD-Bangalore of property consultancy Jones Lang LaSalle India, says Sarjapur Road has a large number of upwardly mobile IT/ITES employees. “Proximity to employee catchment areas and availability of ready-to-occupy/under construction Grade A office spaces make it a preferred destination,” he says. The total Grade A office space on the adjoining ORR was 20 mn sft till last year. An additional supply of 3.93 mn sft is expected this year, according to a report by real estate consultancy Cushman & Wakefield.
Capital values on Sarjapur Road have been more affordable compared to some of its upmarket neighbourhoods. “You have an entry-level pricing of Rs 3,500 per sft compared to Rs 7,500 in Koramangala or Rs 4,500 in Whitefield,” says Sobha Developers MD J C Sharma. Mantri Flora, Divyashree Elan, Purva Skywoods, Springfield Apartments, Sobha Cinnamon are some of the prominent developments in the area. Capital values have been appreciating. For instance, Mantri Flora was available at Rs 3,000 per sft two years back; now it is said to be about Rs 4,000 per sft.
“There are close to 2 lakh employees working in the ORR stretch. So Sarjapur Road is emerging as a busy IT corridor. It has a good mix of educational institutions and retail outlets. Many hospitality players like Hilton, Shangri-La and Novotel are coming up on Sarjapur Road,” says Sushil Mantri, CMD of Mantri Developers. But the area lacks healthcare facilities. The closest is perhaps Vikram Hospital in Marathahalli and Sai Baba Hospital in Whitefield.
Sterling Ascentia – Master Plan
Sterling Ascentia – Floor Plan
Sterling Ascentia – Features
- Children’s play Area,
- Swimming Pool,
- Pool Deck,
- Jogging Track,
- Seating Arena,
- Tennis Court,
- Basketball Court,
- Arched Plaza,
- Landscaped Garden and Lawn.
Large and Exclusive Clubhouse with features like
- Table Tennis,
- Multi Purpose Hall,
- Fully Equipped Gymnasium.
Sterling Ascentia – Price Details
- Click Here to Download —->Price List – Tower 6
- Good For Investment / End use
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Sterling Developers Pvt Ltd, one of Bangalore’s premier real estate developers, has been changing the landscape of the city since 1983. In the business of making luxury apartments and villas that delight and satisfy its customer in every way, Sterling Developers has built a dedicated reputation for quality. For its loyal customer today, this focus on quality represents a far-reaching vision that shines through every Sterling property
The foundation of Sterling Developers were laid by Ramani Sastri – Chairman & Managing Director, whose far-sightedness combined with the diligence of Shankar Sastri- Joint Managing Director, has shaped the company’s reputation for villas and apartments par excellence. Under their leadership, Sterling Developers has built some of the best properties in Bangalore that include luxury flats, premium apartments, villas and commercial complexes.
In 2006, the company expanded its operations to Pune, Maharashtra reinforcing their commitment to extend quality homes, be it luxury apartments orvillas, to today’s discerning customers across the country.
Sterling Ascentia – Public Poll