About Nitesh Virgin Island
Nitesh Virgin Island is a project by Nitesh Developers on Budigere Cross, Old Madras Road. This Project is Spread Across 8.15 acres of lush green landscapes. Nitesh Virgin Island will offer 11 towers and 723 apartments with a choice of 1BHK, 2BHK, 2.5 BHK, 3BHK & Penthouses apartments beautifully crafted to suit your needs, tastes and most importantly, your budget.
Project Analysis of Nitesh Virgin Island:
- Approvals status: BBMP approved
- Demand analysis: This location is well connected to the prominent hubs, which includes Whitefield, Mg road, Bangalore International Airport, KR Puram. Projects like Brigade Exotica and Golden Triangle, Prestige Tranquillity, Pashmina Waterfront and Brookwoods ,Salarpuria Satvva, Nitesh Virgin Island ,Pruksa Silvana in the surrounding Old Madras Road will see positive developments in the future. We feel the demand should be good due to its close Proximity to IT parks like Brigade Tech park, International Tech Park,SJR IPark,ITPL,Tata Elxsi.
- Amenities:This Project comes with all contemporary lifestyle amenities like a Fully Equipped Clubhouse, Fitness center with Yoga and Aerobics,Outdoor games,Mini market,Steam Sauna,Swimming Pool and more.
- Public feedback about the project: Expected delay in the possession of the project.
Payment Analysis-Nitesh Virgin Island
- Registration Amount: Rs.3,00,000 for 1BHK/2BHK/2.5BHK , Rs. 4,00,000 for 3BHK/Penthouse
- Payment Plan:
- Within 20 days from the date of booking :20%
- On completion of foundation work: 10%
- On completion of GF: 4%
- On casting of 1st floor slab to 4th floor slab:16% (4% x 4 floors)
- On casting of 5th floor to 16th floor slab : 36% (3% x 12 floor)
- On commencement of masonary work :3%
- On commencement of flooring work : 3%
- On commencement of plastering work: 3%
- At the time of Hand over: 5%
- Additional Charges:
- Car Park : Rs. 300,000
- Floor rise charges: Rs. 20/ Sq.ft
- Preferred location Charges: Rs. 100 /Sq.ft
Apart from the above additional charges towards BESCOM & BWSSB Charges, maintenance deposit, clubhouse, sinking fund, Stamp duty & registration, legal, etc will be extra.
Note:The project has 88 units per acre, which indicates high density of units and low space inside the project