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Parkwest 2.0: Best Of Both Worlds
Shapoorji Pallonji Real Estate’s flagship project raises the bar for homeowners and property developers in Bengaluru.
Photo Credit : The upcoming clubhouse at Parkwest 2.0 – Part of a ~46 acre development (one of the biggest) in Central Bengaluru
Situated in the heart of Bengaluru, Binnypet is the ideal location that gives you the best of both worlds: facilities and opportunities of city along with the space and amenities of the suburbs. The real estate giant, with a 150+ years old legacy of excellent construction, Shapoorji Pallonji’s Parkwest 2.0 design meets the tailored demands of homebuyers in the post-pandemic world. The project incorporates open spaces, luxury apartments and a plethora of amenities.
Silicon Valley of India
Bengaluru, situated in Karnataka and blessed with good weather throughout the year, has attracted youth from all over the country, including students, entrepreneurs and anyone looking for professional opportunities. The IT hub of India, stands out with its interesting demography, even being as the ‘Silicon Valley of India.’ However, the city is also evolving and becoming a home to many. Parkwest 2.0’s timing could not have been more perfect, to meet the demands of the unique crowd of Bengaluru. The residential complex, part of a ~46 acre development in Central Bengaluru, is a mini-town in itself, with amenities ranging from the clubhouse to stores, cafes, gyms, pet park, kinetic playground, themed gardens, cricket pitch, treehouse, jogging track, multi-purpose court and many more. Life in Parkwest provides an escape from the bustling city, assisting those who are striving for a work-life balance.
Investment is a Priority
Increasingly more Millennials are looking for investment opportunities. While stocks can be risky, real estate is deemed to be one of the best long term investments. Owning property can provide financial security, be a source of income and even contribute to building generational wealth. It is especially fruitful for those living in rapidly rising real estate markets. It is no surprise then to see a real estate venture succeed in the centre of Bengaluru. Parkwest 2.0 has already sold 1700+ units and homed 650+ families and looking to deliver 1000 more units within the next few years.
Binnypet was always an industrial hub, since its inception in the 1800s, with thriving textile mills. The mills came to a close in 2005 and with it, the popularity of the area also declined. Shapoorji Pallonji invested in the land, retaining 75 per cent of Binnypet and creating, in their own words, “one of the largest luxury residential developments in Bengaluru.” All of this is situated just 5 mins. from City Railway Station & Metro Station, and strategically located near renowned hospitals, schools and marketplaces.
It is no surprise that the Work From Home (WFH) culture, mixed in with sporadic lockdown and quarantines has greatly shifted the trends in the home buyers’ market. City homes can feel claustrophobic, while suburbs can be isolating. It is not just the workplace or schools that require an infrastructure upgrade, our entire lifestyles have evolved and our perception of ‘home’ changed. Homes at Parkwest 2.0 provide a one of a kind experience, like a delightful treehouse in a concrete jungle. Residents are provided access to ~7000 sq. m. of amenity space including ~2,300 sq. mt. clubhouse for recreational activities and even a dedicated swimming pool for ladies, prioritising comfort, safety and convenience.
With people locked in homes and trapped in virtual interactions, expansive living spaces is crucial to combating stress and fatigue. The 2 and 3 BHK residences provides residents with open space in their own homes, as well as, in the residential area. Even with its spacious homes, recreational centre and numerous amenities, open spaces account for more than 75 per cent of the overall development.
Bengaluru has the right blend of culture, heritage with a fast-paced city living with green surroundings. The city is one of the most favoured places to live in India. Therefore, there is an immense responsibility on developers to preserve and use the best aspects Bengaluru has to offer while also creating living standards that homeowners can be proud of. Parkwest 2.0 is also ideal for families.Parkwest 2.0 amplifies this aspect. Instead of cramming the city with overpriced studio apartments, Shapoorji Pallonji is adding value to the city and to the lifestyle of the unique demography of Bengaluru. Raising the bar for all real estate designs and homebuyers in the country.