Bangaloreprop

Paranjape Athashri

Paranjape Schme Constructions.Whitefield, Bangalore

COMPLETEDApartmentsRs. 41.52 Lakhs

Listed by Bangaloreprop · Karnataka RERA Agent Reg. No. PRM/KA/RERA/1251/310/AG/171127/000886

Paranjape Athashri

Paranjape Athashri Overview

Paranjape Athashri is a completed apartment project by Paranjape Schme Constructions in Whitefield, East Bangalore. It was handed over from December 2015, so there is no construction wait and no builder delay to plan around. The flats are designed around senior citizens, with wheelchair access, wide corridors with handrails and grab bars in the toilets. It suits people buying a home for themselves in retirement, or for parents who want to live close to family in Whitefield.

The developer is Paranjape Schemes Construction, and the campus covers 3.5 acres. There are two home types. One-bedroom flats run from about 865 to 1,100 sq ft and two-bedroom flats from about 1,200 to 1,300 sq ft. The cheapest listed flat is Rs. 41.52 Lakhs and the dearest Rs. 62.40 Lakhs.

A few figures need checking. The listed rate is Rs. 4,500 per sq ft, yet every listed price divided by its size gives about Rs. 4,800. Handover began in 2015, so these prices may date from the launch rather than today. Any flat you find now is likely a resale or a last unsold unit, and its price should be quoted fresh.

This project suits an older couple, or a single parent, who wants a manageable flat with safety features built into the fabric rather than added later. It also works for children who want their parents a short drive away in the same part of the city. Look elsewhere if you need three bedrooms, a large clubhouse with a pool, or a young-family campus with sports courts. The shared facilities here are modest: a clubhouse, a gym, a library, a community hall, a garden and a play area.

Key Facts at a Glance

Property Type
Apartments
Total Land Area
3.5 Acres
Possession
Dec 2015
Construction
Completed
Price
Rs. 41.52 Lakhs
Location
Whitefield, Bangalore

Paranjape Athashri Price List

Unit TypeSize (SBA)All-in Price (approx.)
1 BHK865 Sq.ft41.52L - 52.80L
2 BHK1200 Sq.ft57.60L - 62.40L

About Bangalore

Where in Bangalore should you buy, and what kind of home? The answer depends less on the city as a whole than on the corridor where you work. Bangalore is a high plateau city, about 900 metres up, with the gentlest weather of any big Indian metro, and its population has roughly doubled since 2000. Most of that growth followed the software parks outward, so housing spread along a few long…

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Paranjape Athashri Master Plan

Layout plan of Paranjape Athashri
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Master Plan

Paranjape Athashri Amenities

Bank/Atm
Club House
Community Hall
Garden
Gymnasium
Library
Play Area
Rain Water Harvesting

Getting around from Paranjape Athashri

Paranjape Athashri stands in Whitefield, which grew into a major technology district on the eastern edge of Bangalore. For a family, that means a grown-up neighbourhood where schools, hospitals and shops are already spread across the area, rather than planned for later. For a retired buyer it means the everyday errands, a pharmacy run or a doctor's appointment, can happen close to home.

The area has a long history. It started as a village settled by European and Anglo-Indian families on land given by Chamaraja Wodeyar, the Maharaja of Mysore. It stayed rural into the late 1990s. The IT boom then brought Bangalore its first technology park, and Wipro, Dell and IBM opened offices nearby.

That growth cuts both ways. If your son or daughter works in one of those offices, they may live a short drive from you. The same offices mean heavy traffic at peak hours. No distances to a hospital, station or market have been published for this site. Ask for the exact address and time the trips that matter most, above all the one to the nearest hospital.

Homes and prices at Paranjape Athashri

Paranjape Athashri offers two home types. One-bedroom flats measure about 865 to 1,100 sq ft and two-bedroom flats about 1,200 to 1,300 sq ft, quoted as built-up area. Carpet areas have not been published. Doors are wider than usual to take a wheelchair, and toilets have grab bars and hot and cold mixers.

The listed one-bedroom prices run from Rs. 41.52 Lakhs to Rs. 52.80 Lakhs, and two-bedroom prices from Rs. 57.60 Lakhs to Rs. 62.40 Lakhs. Those work out to about Rs. 4,800 per sq ft, against a listed rate of Rs. 4,500. Since handover started in 2015, treat all of them as a starting point and get a current figure.

A completed flat with its occupancy certificate carries no GST. Stamp duty and registration apply to every sale. Ask for a cost sheet that shows:

  • The agreed price and the area it covers
  • Car parking and whether it is covered
  • Maintenance deposit and the monthly charge
  • Any transfer fee charged by the association
  • Stamp duty and registration on the full value

Paperwork and approvals for Paranjape Athashri

Paranjape Athashri has no RERA registration number published yet. Handover began in 2015, so it may predate registration. Ask Paranjape Schemes Construction for the number, or for a note on why none exists, and search the Karnataka RERA website (rera.karnataka.gov.in). The approval on file is described as BBMP/BDA; ask to see the approval letter itself.

Because the flats are finished and some will be resales, the checks are those for a completed home. Ask for:

  • The occupancy certificate for your block
  • The sanctioned plan showing your flat
  • Title deeds and an encumbrance certificate covering the last 13 years or more
  • Khata in the seller's name and the latest tax receipt
  • The previous sale deed, if you are buying resale
  • A no-dues letter from the owners' association

At registration, the sale deed moves the flat into your name. Apply for the khata transfer soon after, since the tax records and utility bills follow it. If the home is for a parent, decide early whose name goes on the deed.

Living at Paranjape Athashri

Paranjape Athashri fits the whole community on 3.5 acres, with the apartment blocks grouped around a clubhouse, a community hall and a garden. The developer has not published how much of the site is open, how many blocks there are or how tall they rise, so ask for the site plan. Any images you see are as planned by the developer; since the project is complete, walk the grounds and judge them yourself.

The design is the real amenity. Inside the buildings, the passages are wide and fitted with railings, and the flats are laid out for wheelchair use. For an older resident, that means moving from the lift to the front door, and from the bed to the bathroom, without a struggle.

A day here is likely to be quiet. Mornings could mean a walk in the garden or a session in the gym, with the library for the afternoon. The community hall and clubhouse host gatherings, and a play area keeps visiting grandchildren busy. A bank and ATM on site saves a trip for cash. Rainwater harvesting is part of the campus. Ask the association which facilities are staffed and at what hours.

Frequently Asked Questions

Is Paranjape Athashri meant only for senior citizens?
The homes are designed around the needs of older residents, with wheelchair access, wide passages with railings and grab bars in the toilets. No age rule for buyers has been published, so ask the developer or the owners' association whether any condition applies to buying or renting.
Where is Paranjape Athashri in Whitefield?
The project is in Whitefield, in east Bangalore, on a 3.5-acre site. No street address, pincode or landmark has been published. Ask for the exact location and drive to it at the hours your family would travel, especially for hospital visits.
What do the flats cost?
One-bedroom flats are listed from Rs. 41.52 Lakhs to Rs. 52.80 Lakhs and two-bedroom flats from Rs. 57.60 Lakhs to Rs. 62.40 Lakhs. The project was handed over from 2015, so ask for a current quote, since these may be launch-era prices.
Can I move in straight away?
Yes, the project is complete, with handover from December 2015. You will be buying a finished flat, often from an existing owner, so check the occupancy certificate, the khata and the maintenance dues before you pay any advance.
What is the rate per sq ft?
The listed rate is Rs. 4,500 per sq ft, but every listed price divided by its size comes to about Rs. 4,800. The two figures do not agree, so ask the seller to state the rate and the area it is charged on.
Is there a RERA number?
No RERA number has been published. The project was completed around the time the law came in, so it may not be registered. Ask the developer and check the Karnataka RERA website, and rely on the occupancy certificate and title papers instead.

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About the Builder

If you are buying from the Paranjape group in Bangalore with an older parent in mind, the project to look at is Paranjape Athashri in Whitefield. Athashri is the group's label for housing planned around senior citizens. This community is complete, handed over in December 2015 on about 3.5 acres. It offers 1 BHK and 2 BHK homes, listed from about Rs. 41.52 Lakhs.

Completed: 1
Read more about Paranjape Schme Constructions. →

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