Phoenix Mall of Asia, a 13-acre shopping complex with over 440 retailers, a 14-screen INOX Megaplex, and more than 50 eating options, is situated in Hebbal, North Bangalore.
Due to its advantageous location on Bellary Road close to Hebbal Junction, it serves as a centre for entertainment, shopping, and lifestyle, which increases demand for residential developments in the area.
The area's attraction to families and investors is increased by its close proximity to Kempegowda International Airport (25 minutes by car), Manyata Tech Park, and future metro link (Phase 2B by 2026).
With an emphasis on L&T Elara Celestia as requested, here are the top three real estate developments close to Phoenix Mall of Asia that are notable for their location, features, and investment potential.
1.L&T Elara Celestia
Location: Airport Road, Hebbal, next to GKVK Agricultural University and Phoenix Mall of Asia.
L&T Realty, a division of the $21 billion Larsen & Toubro corporation, is the developer.
Project Specifics: With three distinctive buildings (2B+G+14 storeys) and 630 unique 3, 4, and 5 BHK apartments and duplexes (1,400–5,500 sq. ft.), this upscale gated community spans 10 acres. Starting at ₹4.5 Cr, 4 BHK flats (2,600–3,100 sq. ft.) come with construction-linked designs and a 10% down payment.
Important attributes: Vastu-compliant designs with high-end finishes (granite kitchen platforms, wooden floors in master bedrooms, and vitrified tiles). Features of a smart home include split air conditioning/gyser systems, digital door viewers, FTTH connectivity, and emergency buttons. 100% DG backup for an RCC-framed, seismic zone 2-compliant building.
Amenities: More than 50 top-notch facilities, such as a 35,000-square-foot rooftop clubhouse with a mini-theater, gym, badminton/tennis courts, jogging track, landscaped gardens, and an infinity-edge pool. Eco-friendly elements like solar-powered common areas and rainwater harvesting enhance the property's appeal.
Why It Is Unique: Its ideal position next to Phoenix Mall of Asia guarantees unparalleled lifestyle convenience, while the green space of GKVK and Manyata Tech Park (10–15 minutes away) provide a calm yet connected living environment. With possession scheduled for March 2030, this RERA-registered property (PRM/KA/RERA/1251/472/PR/100325/007564) predicts 8–10% annual gain as a result of Hebbal's growth.
Ideal For: Professionals and families looking for long-term investment value, luxury, and connectivity.
2. Godrej Platinum
Location: Off Bellary Road, Hebbal, close to Hebbal Lake, around 1.5 kilometres from Phoenix Mall of Asia.
Developer: Godrej Properties, a company renowned for sustainability and creativity.
Project Details: Starting at ₹4.2 Cr, the apartments are vast and range in size from 3 to 4 bedrooms (3,200 to 4,000 sq. ft. for 4 BHK). Families that wish to move in right away will love this ready-to-move-in project.
Important attributes: flats with a view of the lake that are contemporary and feature premium finishes (such marble floors and modular kitchens). systems that use less energy and lots of natural light and ventilation. strong security with intelligent access controls and round-the-clock CCTV. A clubhouse, gym, amphitheatre, swimming pool, kids' play area, and green areas are among the amenities. A family-friendly atmosphere is promoted by community events.
Why It Is Unique: Its five-minute drive to Phoenix Mall of Asia and the picturesque views of Hebbal Lake combine urban and natural life. It is ideal for families because it is close to prestigious hospitals like Columbia Asia and schools like Mallya Aditi International. Waiting times are eliminated by the ready-to-move-in status, and investors are drawn to Hebbal's rental demand (5–7% yields).
Ideal For: Families who value the aesthetics of a lake view and quick move-in.
3. Insignia of the Brigade
Location: Yelahanka, North Bangalore, next to Jakkur and KIADB Hardware Park, approximately 4-5 kilometres from Phoenix Mall of Asia.
Developer: Brigade Group, a reputable real estate company in Bangalore.
Details of the Project: This pre-launch project offers apartments with 3, 4, and 5 bedrooms (2,145–5,947 sq. ft.). With adjustable payment plans, 4 BHK homes start at about ₹3.8 Cr. By 2028, possession is anticipated.
Important attributes: development with a low density, roomy floor plans, and private garden areas. High-end finishes (laminated flooring, ceramic tiles) and smart home automation (security, lighting). water recycling and solar panels make this design environmentally friendly. A clubhouse, an infinity pool, basketball and tennis courts, yoga areas, a kids' play area, and 70% open green space are among the amenities. Biometric access and round-the-clock surveillance are two aspects of security.
Why It Is Unique: It benefits from Yelahanka's calmer atmosphere and its proximity to the new 2,000-acre KIADB Hardware Park, which promises job growth, although being a little further away from Phoenix Mall of Asia (10 minutes by car). It appeals to luxury consumers on a tight budget because of its cheaper beginning price when compared to the L&T Elara Celestia. Transparency is guaranteed by RERA compliance, and investment value is increased by Yelahanka's 8% yearly appreciation.
Ideal For: Families looking for future expansion potential, green places, and affordability.
The Reasons Behind the Success of These Projects Close to Phoenix Mall of Asia
Lifestyle Hub: Families looking for a lively lifestyle will love Phoenix Mall of Asia's 440+ stores, restaurants, and entertainment venues. The proximity of L&T Elara Celestia provides unparalleled convenience.
Bellary Road, the Hebbal Flyover, and the planned metro access, which connects to Manyata Tech Park, the airport, and central Bangalore, are advantageous for all developments.
Investment Growth: The infrastructure initiatives in Hebbal and Yelahanka (metro, PRR, KIADB Park) generate 8–10% yearly appreciation, and IT professionals have a high demand for rentals.
Family-Friendly: Family demands are met by large 4 BHK apartments, prestigious hospitals (Manipal Hebbal), schools (Ryan International, VIBGYOR), and gated communities.
Conclusion
The best projects to take into consideration in the Phoenix Mall of Asia real estate hotspot are Brigade Insignia, Godrej Platinum, and L&T Elara Celestia. Brigade Insignia strikes a compromise between price and future potential, Godrej Platinum provides ready-to-move-in convenience, and L&T Elara Celestia leads for luxury, a prominent location, and facilities.
Check rera.karnataka.gov.in for RERA details (e.g., L&T Elara Celestia: PRM/KA/RERA/1251/472/PR/100325/007564) and get in touch with developers for site inspections, brochures or floor plans.
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