Daijiworld Media Network - Business News
Mangalore, Dec 27 : The port city of Mangalore will soon have one more glistening addition to its glittering landscape in the form of Siliconia, the 20 floor Residential Apartment which is coming up at Kuttar Junction, just eight km from Mangalore city. Far removed from the chaos of the city, the maddening crowd, traffic and pollution, Siliconia offers discerning home seekers a quiet and serene atmosphere to calm their senses and fill the mind with joyfulness. Though separated from the fast-paced city life it has access all around with resplendent green foliage as a bonus, to make living in this milieu a pleasure and heavenly experience.
Kuttar Junction – Fast Developing Destination
Located in the new and emerging destination of Mangalore, Kuttar Junction, which is developing as the new educational and IT Hub of Mangalore, Siliconia offers everything to fulfill the long cherished dreams of people who are in the hunt for modern yet affordable homes. Kuthar Junction is emerging as a new destination of development with three medical colleges and four engineering colleges in its vicinity within a radius of 2 kms, making it the most sought after place. K S Hegde Hospital, Yenepoya Medical College and Fr Muller Homeopathy Medical Colleges are located just at a stones throw from Kuthar Junction. Kuthar Junction is also located close to P A Engineering College, Kanachur groups of School, Aloysius Engineering College and Infosys Campus. The Junction is on the way to the road to Mangalore University and as such makes it a convenient dwelling place for everyone, with easy access from all sides.
Siliconia is located in a sprawling 2.75 acres of land and has 400 flats to offer with 20 flats on each floor. Built with maximum space utilizing design and modern lifestyle amenities, it will truly be like a home people usually dream of, designed keeping in mind the needs of contemporary lifestyle. The apartments will be ready for occupation within 24 months which means the project will be ready by 2012.
Promoted by Mohtisham, the real estate group having an iconic status in Mangalore with nearly 40 prestigious completed projects to its credit, Siliconia is co-promoted by Rohan Monteiro, Proprietor- Property Real Estate and Developers, another leading and reputed name in the field of Real Estate and Development in Mangalore. The combined efforts of these two prominent builders and developers are sure to result in another landmark project to dot the landscape of Mangalore. Rohan Monteiro Co-promoter/land owner of Siliconia says “Siliconia is planned keeping in mind the evolving lifestyle. It offers unrestricted views of the serene surroundings for those who seek peace and tranquility. It will be an asset worth its value”.
Novel Scheme
What makes Siliconia an enticing housing option is the easy the Payment Plan available to the prospective buyers with an “Interest Free Loan Scheme”. The promoters have made bank loan arrangements for prospective buyers with leading nationalized banks. According to this scheme the buyer has to pay only 25% of the cost of the apartment and the remaining 75% will be arranged through bank loans by the promoters. The “interest” on the housing loan thus availed will be borne by the promoters during the construction period, a novel scheme introduced keeping in mind the welfare of customers.
This novel scheme is aimed at three segments of the society, for whom it will be a hard-to-resist offer. Firstly, aspirants who are eager to have their own apartments but postpone it as a future plan due to immediate financial crunch. Secondly, it is an amazing opportunity for those who can afford to pay their loan installments but are unable to do so due to their present rent commitment/burden. Finally for investors especially those who are eager to own an apartment as an additional asset, but are undecided due to additional commitments of loan installments, Siliconia offers once-in-a life-time opportunity, an opportunity, which comes but rarely. It is also a good investment option as compared to bank deposits as the same can be rented out with better investment returns.
Class Apart
Silicon Residential Apartments is in a league of its own with contemporary lifestyle amenities. Facilities include spacious visitors’ lounge, four automatic elevators with 8 passenger capacity and 2 service elevators, Generator for common and apartment lighting, Telephone with Centrex facility, fire fighting system and fire control room, children’s play area, Club facility with gym and indoor games, Car Parking (with extra cost), departmental stores and convenient shops, Society room and security room, ceramic tile flooring for the common areas and inside the apartments, Modular Electrical Switches, Granite Platform in the kitchen, putty finished Acrylic Distemper painting for ceiling and walls and many other facilities to suit the modern lifestyle.
At a time when the real estate prices have gone beyond the reach of the common people Siliconia truly represent Mohtisham’s eternal commitment to provide affordable housing solutions to the people that are a cut above the rest. Backed by the experience, expertise and reputation of Mohtisham and Property Developers, Silicon is sure to offer true value for money to its buyers. This 20-storey skyscraper offers a well designed, drawn up in good condition residential complex with global lifestyle amenities will be a new jewel in the crown of Mangalore adding to its luster and credibility as an emerging powerhouse.
Contact details:
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