Assetz 63 Degree East Review

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HOW WE RATED THIS PROPERTY
We use a 125 point rating system that takes into account all the important things that make a home valuable to invest and live in. These rating criteria also carry different weightages based on their importance. A professional team thoroughly researches property details and tallies the scores to provide you ratings that help you choose the best home.

BUILDER – Assetz 63 Degree East Review
Assetz Properties can be considered as an organizer for several building projects. They don’t always build all their projects themselves (some are contracted to other builder firms). However they do have a consistent track record of successful deliveries. They have both Commercial and Residential projects in their portfolio. So far they have about 10 residential projects that they have their hands on totaling about 7.5 million sq ft. of development. Compared to players like Prestige Constructions they are relatively new but have demonstrated their ability to imbibe modern advances in projects through their ‘Design First’ philosophy. They are also known for their environment friendly approach to projects. Since they are not the primary builders on all of their projects it is hard to have a generalized rating for them as a builder. We would like to rate them at 7.1 with specific focus to the Assetz 63 Degree East project alone.

PRICE – Assetz 63 Degree East Review
The price is the strongest point of this property. The price starts at about 38 lakhs for their smallest plan and goes up to 65 lakhs for the largest plan (and this is an all inclusive price). If you are strictly looking from a budget perspective, Assetz 63 Degree East is an extremely well priced property. You get excellent amenities and great specifications for the price you are paying. If you have a tight budget and the location is not high on your list of priorities, Assetz 63 Degree East is definitely an option to consider.
 

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FLOOR PLANS – Assetz 63 Degree East Review
The Assetz 63 Degree East property only comes with only 4 floor plans. We have to say that the bedroom sizes do feel small. The plans have great design with some very thoughtful features like the inbuilt closet space, the nice layout and the taller windows which is unique to this property. However the bedroom and hall sizes leave much to be desired. Just a couple of feet more would have made a world of difference for this property. However since these homes are targeted for lower budgets, some buyers may be ok with the compromise in space for the lower price, but we feel that majority of the buyers may not fall in that category.
 

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LOCATION – Assetz 63 Degree East Review
The location of the property is probably the most negative aspect of this property. The site is accessible from both Electronics City and Sarjapur Road. However the approach road is narrow and uncomfortable. At the time of writing this review, we are not aware of any plans from the civic authorities to expand this road. We are not saying this will never happen in the future, but for now there does not seem to be anything on the table. If your budget is not a constraint there are other good choices like Prestige Lakeside Habitat and Assetz Marq. If a lower budget is important another good option in this price range is Sobha Dream Acres. Sobha Dream Acres does not have 3 bedroom plans though.

AMENITIES – Assetz 63 Degree East Review
When you consider the low price you pay for this property, we think the amenities at Assetz 63 Degree East are absolutely generous. There are plenty of indoor and outdoor sports and recreation options in addition to several social amenities. There are also additional space provisions for convenience store, creche or other things. These spaces come in handy in future when your Apartment Association for example wants to have a space for a person to come in and iron clothes for the residents or may be other essential services like washing cars etc. They have ample spaces provisioned for things that you may not forsee today but may feel the need for in future.

SPECIFICATIONS – Assetz 63 Degree East Review
The property has good specifications for the price you pay. Especially the green features that will also reduce your monthly maintenance outgoings. The common area specifications are not really clear and also there is a clause in the terms that the specs may change based on availability bringing some uncertainty – but we do not think this is unique to Assetz. Most Apartment contracts have similar clauses mostly to protect themselves from potential litigation. The proposed specs however look pretty good. We hope they follow through with the proposes specs.

APPRECIATION POTENTIAL – Assetz 63 Degree East Review
We cannot say with confidence that the Assetz 63 Degree East property will appreciate quickly, although there could be some decent appreciation in the long run. Most areas in Bangalore have appreciated in the long run. The location is the primary reason we cannot confidently recommend a high rating for appreciation. Overall if you are primarily looking at increasing appreciation value, this may be the property for you. However if you do decide to go ahead though, one thing that will work in your favor is the low entry price which should at least help the property hold its value.
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PROPERTY DETAILS

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Assetz 63° East, the first Assetz Lifestyle project, is located off Sarjapur Road, Bangalore. Spread over 17.78 acres (1608 units), they have 1/2/3 bedroom apartments, swimming pool, club houses, green courts and play areas. Priced between 38 Lakhs – 65 Lakhs, this project is a great option for buyers with a budget limit.

  • Rain Water Harvesting
  • Waste Water Recycling for Gardening
  • 8 ft tall windows for better lighting and air circulation
  • Solar power for common areas
  • Energy Efficient Electrical Fittings
  • Solar powered common area lighting
  • organic waste recycling used for gardens
  • Over 400 trees in the property
  • Football Field
  • 3 Swimming Pools
  • Squash Court
  • Gymnasium
  • Basketball Court
  • Tennis Court
  • 2 Badminton Courts
  • Yoga Room
  • Table Tennis
  • Indoor Kids Play Area
  • Party Hall (with its own Pantry)
  • Amphitheater
  • Walking Paths
  • Cycling Path
  • Bus Bays
  • Indoor Games
  • Salon
  • Pre-primary School
  • Provision for Study Hall
  • Provision for Health Care Unit
  • Children’s Park
  • Provision for Department Store
  • Provision for Library
  • Tucked-In Wardrobe Provision for every bedroom
  • Pre-laid TV Cable (choice of 3 cable operators)
  • High speed internet via FTTH
  • Piped Gas with Meter

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Flooring

  • Living, Bedroom & Kitchen 2ft. X 2ft. polished glazed vitrified tiles (Natural Italian marble finish)
  • Bathroom- 1ft. x 1ft. rectified slip shield ceramic tiles
  • Balcony- Glazed vitrified, wood strip teak finish tiles

Doors and Windows

  • Main Door – Italian Beech/ Spruce wood doors with veneered finish shutter (8ft. height)
  • Internal doors- Italian honey comb, noise cancellation doors (7ft. height)
  • Locking system – German fitted – Yale lock systems
  • German UPVC 3 track windows
  • SS mosquito net
  • Complete German hardware fittings
  • 8ft. Windows in all bedrooms
  • Fixed portion – 6mm toughened glass till 3 ft. height. Sliding portion – 5mm Saint Gobain annealed float glass

Electricals

  • Schneider Opale series
  • 90% absorption of spark (ARC)
  • Hum less regulator
  • Child safe
  • Power load (2.5, 3 & 4 KVA ) for each 1, 2 & 3 units accordingly
  • 100% DG power backup for all essential common facilities & 100% for fan and lighting
  • Machine room less lifts with power backup
  • Timer automated lights for common areas

Sanitary and Water Fixtures

  • Jaquar water efficient fixtures and fittings
  • Dupont Corian monolithic one piece sink

Distribution Board

  • RCCB Incomer for over load & earth leakage protection

Paint

  • Lead free
  • Ceiling finished with oil bound distemper
  • Walls finished with 1 coat of coarse putty, 2 coats of fine putty, 1 coat of primer & 2 coats of premium acrylic emulsion
  • External – Textured paint with exterior emulsion
  • External – Weather proof and dust free

Landscaping & Others

  • Beautifully landscaped gardens, boulevards, floral walkways & waterbodies
  • Grand double height atrium with structural glazing lounge area for each tower
  • Podium landscape children’s play area with informal seating
  • Podium landscape elders
  • seating plaza
  • Sanitation facility for drivers & servants
SQFT BEDROOMS BASE PRICE
685 1 29.1 L
691 1 29.4 L
984 2 41.8 L
1157 3 49.2 L
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