A Detailed Property Analysis Report of Raja Housing Ritz
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PROPINSIGHT A Detailed Property Analysis Report 40,000+ 10,000+ 1,200+ Projects Builders Localities Report Created On - 17 Aug, 2016 Price Insight This section aims to show the detailed price of a project and split 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 the locality on construction parameters like livability rating, safety rating, launch date, etc. What is Builder Insight PROPINSIGHT? This section delves into the details about the builder and tries to give the user a perspective about the history of the builder as well as his current endeavours. Locality Info This section aims to showcase various amenities viz. pre-schools, schools, parks, restaurants, hospitals and shopping complexes near a project. Raja Housing Ritz Avenue Brookefield, Bangalore 33.4 Lacs onwards Livability Score 8.6/ 10 Project Size Configurations Possession Starts 9 Towers 1,2,3 Bedroom Apartment Mar `18 Pricing Comparison Comparison of detailed prices with various other similar projects Pricing Trends Price appreciation and trends for the project as well as the locality What is PRICE INSIGHT? Price versus Time to completion An understanding of how the current project’s prices are performing vis-a-vis other projects in the same locality Demand Comparison An understanding of how the strong/weak is the demand of current project and the current locality vis-a-vis others Price Trend Of Raja Housing Ritz Avenue Raja Housing Ritz Avenue VS Brookefield, Bangalore 6250 6,012 6,012 6,012 5,975 5,975 5,975 5,975 5,982 5,982 5,982 6000 5,919 5,932 5,932 5,940 5,940 5,940 5,940 5,940 5750 5500 ) t f q s r e p s 5250 R ( e c i r P 5000 4750 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4500 4250 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '15 Sep '15 Oct '15 Nov '15 Dec '15 Jan '16 Feb '16 Mar '16 Apr '16 May '16 Jun '16 Ritz Avenue Brookefield Property Type 1BHK+1T 2BHK+2T 3BHK+3T Area (sq.ft.) 743, 783, 823, 871, 893, 933 1174, 1209, 1245, 1341, 1359 1579, 1583, 1590, 1762 For more information, visit here Price Comparison With Other Projects Similar To Raja Housing Ritz Avenue Raja Housing Ritz Avenue Sumadhura Soham Mahaveer Tranquil Brookefield, Bangalore Whitefield Hope Farm Junction, Whitefield Hope Farm Junction, Bangalore Bangalore Primary Purchase Price 4,500/sq.ft. 4,699/sq.ft. 4,200/sq.ft. Advance Maintenance N.A. N.A. N.A. Charges (Month) Covered : Rs. 1.9 Lacs (One time) Covered : Rs. 2.5 Lacs (One time) Covered : Rs. 2 Lacs (One time) Car Parking Charges Open : Rs. 1.5 Lacs (One time) Power Backup Charges Rs. 426 (psf*) N.A. N.A. Club House Charges Rs. 2.5 Lacs (One time) Rs. 2 Lacs (One time) N.A. *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 Current status of projects in 5 km vicinity of Raja Housing Ritz Avenue 8000 7500 ) 7000 a e r A t i 6500 n U r e P ( 6000 e c i r P r 5500 e d l i u B 5000 4500 4000 Lauching soon New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Raja Housing Ritz Avenue RJ Group Brooke Square Raja Housing Ritz Avenue's current price is Rs. 4500/sq. ft. and it is in New Launch stage. In comparison to locality, Raja Housing Ritz Avenue is underpriced by Rs. 1512.72/sq. ft. Highest price in the locality is for RJ Group Brooke Square at 7500/sq. ft. and it is in Under Construction stage. Lowest price in the locality at Raja Housing Ritz Avenue at 4500/sq. ft. and it is in New Launch stage. For more information, visit here Demand Comparison With Other Projects Similar To Raja Housing Ritz Avenue Demand of projects in 5 km vicinity of Analysis Raja Housing Ritz Avenue Ritz Avenue has 95.74 % demand amongst all projects in 150% Bangalore. 100% 95.74% d n The highest demand 95.74% in Bangalore is for Ritz Avenue. a m e D The lowest demand 0.17% in Bangalore is for Paradise 50% 3.57% 0.52% 0.17% 0% Ritz Avenue Parimala Brooke Square Paradise Residency Demand in popular localities of Bangalore Analysis 20% 16.19% Brookefield has 1.41 % demand amongst all projects in d Bangalore. n a 10% m e 6.60% D 5.79% 4.84% 4.34% The highest demand 16.19% in Bangalore is for Whitefield 1.41% Hope Farm Junction. 0% Brookefield Whitefield Hoskote Bellandur KR Electronic Hope Puram City The lowest demand 1.41% in Bangalore is for Brookefield Farm Junction For more information, visit here Basic Details Comparison A comparison of various basic details of the project like livability rating, project land area, loading percentage, delay etc. with other similar projects PROJECT INSIGHT Favorite project vis-a-vis similar others Amenities Comparison A comparison of various amenities of the project like Swimming Pool, Gymnasium, Intercom, 24X7 Security etc with other similar projects Raja Housing Ritz Avenue Comparison With Other Similar Projects Raja Housing Ritz Avenue Sumadhura Soham Mahaveer Tranquil Brookefield, Bangalore Whitefield Hope Farm Junction, Whitefield Hope Farm Junction, Bangalore Bangalore Livability Rating* 8.6/10 8.5/10 8.5/10 Safety Rating* N.A. N.A. N.A. Builder Raja Housing Sumadhura Mahaveer Whitefield Hope Farm Junction, Whitefield Hope Farm Junction, Locality Brookefield, Bangalore Bangalore Bangalore Number of Towers 9 14 5 Project Land Area 7.5 Acres 4 Acres 2.25 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 Raja Housing Ritz Avenue Comparison With Other Similar Projects (Continued ...) Raja Housing Ritz Avenue Sumadhura Soham Mahaveer Tranquil Brookefield, Bangalore Whitefield Hope Farm Junction, Whitefield Hope Farm Junction, Bangalore Bangalore Part of Township No No No Average Flats Per Floor 9.56 4.21 4.58 Loading Percentage N.A. N.A. N.A. Launch Date Jun `15 May `16 Jun `12 Possession Date Mar `18 Dec `17 Oct `16 Delay 7 month(s) On time 15 month(s) For more information, visit here Amenities Comparison Of Raja Housing Ritz Avenue With Other Similar Projects Raja Housing Ritz Avenue Sumadhura Soham Mahaveer Tranquil Brookefield, Bangalore Whitefield Hope Farm Junction, Whitefield Hope Farm Junction, Bangalore Bangalore Sports Facility Indoor Games h h Multipurpose Room Car Parking Lift Available Gymnasium Swimming Pool Children's play area Club House Rain Water Harvesting 24 X 7 Security Common Amenities Jogging Track Power Backup Landscaped Gardens Intercom Amenities not available in any Cafeteria Golf Course Maintenance Staff project For more information, visit here Builder Profile A detailed overview of builder including his past track record, number of years of operation, number of projects delivered etc. BUILDER INSIGHT Delivered Projects Credentials of the builder Info about top projects that have been delivered by builder in the past, their date of delivery etc. Under-Construction Projects Info about top under-construction projects of the builder along with their price appreciation trends Overview Of Developer (Raja Housing) Raja Housing is a leading real estate company based in Bengaluru and was founded in the year 1995. Raja Housing is spearheaded by brothers Mr. Raja Suchindra and Raja Datta and has many firsts to its credit, including being the first developer to offer vitrified tiles, Italian modular kitchens and Italian marble as standard fittings at all projects. The company is part of the Raja Group which has interests in automobiles, silk, hospitality, jewellery, software and more. The company develops both residential and commercial projects. Unique Selling Point: All property by Raja Housing is built in adherence to ISO 9001: 2008 quality guidelines as per the certification attained by the company. The company is known for its stringent quality standards which adhere to global trends. The company seeks to maintain transparency, integrity, ethics and professionalism at all times. The company is known for possessing a cutting edge quality management system. Experience 21 Years Landmark Projects: Meenakshi Residency is a landmark project developed by the company at JP Nagar Phase 7 in Project Delivered 19 Bengalueu. The project comes with 2 BHK apartments for buyers that are sized between 1,100 and Ongoing Projects 2 1,200 sq ft. Key amenities offered to residents at this project include power backup facilities, a gymnasium, a club house, a swimming pool, 24x7 security services, a playing zone for children, intercom facilities, landscaped gardens, indoor game facilities, rainwater harvesting systems, a library and a community hall. The project lies close to several reputed educational institutions in Bengaluru. Raja Prakruthi is another landmark project developed by the company at Jayanagar in Bengaluru. The project comes with well-designed apartments for buyers that are sized between 1,328 and 2,636 sq ft on an average. The project consists of 88 units and offers several amenities to residents like a playing zone for children, a gymnasium, a rainwater harvesting system, a swimming pool, car parking facilities, a club house, indoor games, a multipurpose room, landscaped gardens and power backup facilities.