Understanding Preferential Location Charges (PLCs)

Every time you are trying your hand at realty, you discover this massive inexperienced monster with you within the space referred to as discriminatory location charges (PLCs) that merely can't be avoided. realty developers round the country appear to be addicted to adding discriminatory location charges to everything they sell. Here could be a comprehensive insight into the matter in order that you'll be higher privy succeeding time you stumble upon it.

What is Residential discriminatory Location

Adopted as a brand new strategy to accelerate sales, developers implement a technique referred to as 'Residential discriminatory Location' once attempting to induce obviate unsold housing units and fund crisis. once these properties square measure in favourable sites, a discriminatory location fee is obligatory by the developers.

In easy words, if you are looking to shop for a home and therefore the one you zeroed in on is about during a rather advantageous location, you'll be charged further prices referred to as discriminatory location charges whereas booking the unit. whereas freelance homes settled within the central localities of the town square measure usually the foremost targeted victims of PLCs, Associate in Nursing housing that features a smart read or is far from the most road might fall prey, too.

Variation of Fees in line with Influencing Factors

The amount charged as a discriminatory location fee depends on numerous factors starting from atmospheric condition within the space, proximity to the town centre, and therefore the variety of project to floor variety, among several others. the situation, size, construction quality, and alignment conjointly impact the fee. Since there's no normal set of laws dominant the levying of PLCs, the thought is also abused by most developers to confirm most profit. there's usually a lucid inequality between the fees charged by completely different developers for various comes. we have two project Prestige Falcon City & Shapoorji Pallonji Parkwest
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Shapoorji Pallonji Parkwest

Located in the most extensive location of Bangalore Shapoorji is soft launching their new project ‘Shapoorji Pallonji Parkwest’.

About the project:

The project is the perfect combination of luxury and comfort. Shapoorji shall be soon pre launching the booking for their residential project called parkwest. The project offers luxurious dwelling with the option between 2/3 BHK apartments spreading over an area of 1245 - 2400 sq ft available at the price of 79.05 Lakhs to 1.52 Crores. At Marq you shall relish the benefit of health club, children's play area, landscaped garden, swimming pool, party hall, gymnasium / steam & sauna, indoor games, club house and much more.  The project consists of 140 units each with spectacular specifications.  Marq is amixed development property of 5 acres commercial and 23 acres residential offers better chances of appreciation.

Location:

The project spread across 28 acres of land will offer about 2500 apartments in a mixed development project located at Binnypet Magadi Road -Kadugodi – Hoskote Road. It has many key locations residing nearby such as Vibgyor School which is 2.6 kilometers away, Forum Value Mall which is 9.1 kilometers away, R K railway station is at a distance of 14 kilometers. It is located at a fast developing residential neighborhood with many luxury projects in the vicinity such as Chaitanya Samarpan, Sobha Amethyst, and 10 Downing. It also resides close to close to offices at Beary’s Global Research Triangle as well as ITPL.

About the Developers:

Established in 2006, Shapoorji Property Group is in the business of real estate development and business portfolio management. Modeled on the tenets of Investment Banking, it is the first-of-its-kind in India and headquartered in Singapore. The focus of the developer is to focus predominantly has been in real estate development and investment, with a secondary focus on infrastructure in the Asia region. Shapoorji supports strong management teams for its projects by providing capital, senior management support and diverse relationships with operating partners in India, Bhutan, Indonesia and Australia. Through its various strategic ventures, SPP group develops projects across residential, commercial and mixed-use asset classes.

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Prestige Falcon City

Finding properties to get latest facilities

 

The real estate business is developing at rapid levels over the recent years in India and many people prefer to buy properties which suit modern life style. Anyone who wants to purchase apartments in Bangalore should seek support from leading real estate firms for achieving goals to a wider extent. The prestige Group has recently launched a new mega township project on Kanakapura road in Bangalore. It is also known as prestige Falcon city which covers a wide range of residential and commercial properties which help to get all types of modern amenities. 

 

The 61 acre project will fulfill the needs of families, individuals and business firms to experience world class facilities. 2BHK, 3BHK and 4BHK apartments are available at affordable rates for customers to book them in advance. They are an ideal one for living a comfortable life by meeting exact requirements. Complete details about the properties can be known from online for choosing them depending on the needs. Attractive floor plans, high end facilities and ample living spaces are other features of this project which provide methods for gaining more benefits. Price lists are given to buyers upon request for selecting the properties at flexible rates.

 

Moreover, this township is well connected by roads and other networks to reach a destination quickly. Satisfaction guarantee is ensured for customers after choosing services from prestige group. Expert teams also give ideas for identifying the right properties which suit modern life style. In addition, this project is considered as a best one for those who want to invest their valuable money in properties. Residential apartments offer latest facilities for buyers including recreational activities to live an affluent life. Shopping malls, schools, theatres, hotels, cafeteria   and restaurants are located near to this project. People can also buy properties at reasonable rates to improve the living standards. 

 

Project Snapshot

Project Name

Prestige Falcon City

Property Type

Residential

Location

Kanakapura Road, Bangalore

Size

1200 - 2726 SQFT.

Bedrooms

2/3/4BHK

Price

Starting 65.98 Lacs

Status

Pre Launch

Possession

On Request

Prestige Falcon City Details

Floor Plan		Payment Option		Price List		Location Map

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Shapoorji Pallonji Parkwest

Real estate business is now becoming a booming one in various cities across India. There are several projects that are coming up in Bangalore over the recent years due to excellent infrastructure facilities. Shapoorji Pallonji Group offers 2, 3 & 4 residential apartments with modern amenities on the Binny Mills, Magadi Road, Bangalore city. The project is named as “park west” that includes 18 attractive towers that fulfill the needs of buyers. Luxurious facilities are available at the apartments for living a comfortable life. It is launched more recently and expected to be ready for accommodation from 2017.

 

Anyone who wants to book properties in advance can go through the details in online. Ample car parking, power back up and advanced security systems are the main features of this project which perfectly suit modern life style purposes. Floor plans and specifications of apartments are also offered for customers to choose them depending on their budgets and choices. The apartments are well served by multipurpose hall, jagging track, landscape gardens, organic waste converter, swimming pool, table tennis court, gym, outdoor play area for children, steam and sauna to witness complete satisfaction. Shapoorji Pallonji is a leading constructing firm which has a wide experience in designing projects.

 

Parkwest apartments are centrally located in west Bangalore. They are connected by upcoming metro station and majestic bus terminal to make a smoother travel. Complete information residential apartments are given for those who want to invest their valuable money in them. It is possible to sell these properties at high rates in the future to get more profits. Educational institutions, health care units, shopping complexes and entertainment theatres are also located near to these apartments. Loans from reputed banks are arranged for buyers after choosing them. People can compare the prices of apartments starting from low to high prices for identifying a right property according to needs. 

 

 

Project Snapshot

Project Name

Shapoorji Pallonji Parkwest

Property Type

Apartments

Location

Binnypet, Magadi Road, Bangalore

Size

1245 - 2400 Sq. Ft. SQFT.

Bedrooms

2 & 3 BHK

Price

79.05L to 1.52Cr

Status

New Launch

Possession

2017 onwards

Shapoorji Pallonji Parkwest Details

Floor Plan		Payment Option		Price List		Location Map

Home  |   Location Map  |   Price List  |   Specifications  |   Site Plan  |   Floor Plan  |   Contact Us