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Last updated: Oct 4, 2024

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Elegant Terraces Banashankari

By Elegant Builders and Developers|

Banashankari

₹ 1.23 Cr - 1.80 Cr All inc.
Elegant Terraces Banashankari - main project image
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Elegant Terraces Overview

Land Parcel
1.75 acres

Land Parcel

Towers
3

Towers

Floors
B+G+9

Floors

Config
2, 3 BHK

Config

Build-up Area
1340-1917 sqft

Build-up Area

RERA NO.
PRM/KA/RERA/1251/310/PR/200515/003390

RERA NO.

Possession Status
Ready To Move

Possession Status

Target Possession
Oct 2024

Target Possession

RERA Possession
Ready

RERA Possession

Litigation
No

Litigation

About Elegant Terraces

Elegant Banashankari Project Overview
Elegant Terraces will be constructed on 1.75 Acres of land parcel, 3 Towers with B+G+9 floors having 2BHK, 3BHK premium residences.

Elegant Terraces location
Project is located Off V Legacy Road, Banashankari 3rd Stage, Bangalore with -
Gopalan Arcade Mall - 1.8km
Rajarajeshwari Metro Station - 1.9km
Nice Ring Road - 2.0km

Elegant Terraces Banashankari Project Amenities
First is Internal amenities - 
Vitrified tiles, Branded Fittings, granite Kitchen, SS Sink, Power Backup, CCTV & many more.

Elegant Builders and Developers Banashankari External Amenities
Project has 20+ Ultra luxurious amenities with likes of - 
Clubhouse
Badminton Court
Indoor Squash Court
Gymnasium
Yoga Studio & Many More.

Elegant Builders and Developers Terraces Banashankari Parking -
Project has one type of car parking facilitiy
1) Basement

Elegant Terraces Possession -
Rera Possession - Ready to move in
Target Possession - Ready to move in

Built-up Area & Floor Plan
Elegant Terraces project has 2BHK, 3BHK premium residences with -
2BHK - (1340 - 1399) sqft
3BHK - (1782 - 1917) sqft

Elegant Terraces floor plan
Tower floor plans will have 4 flats, 2 lifts & 2 staircases on each floor

Maintenance -
Elegant Terraces Bangalore Project maintenance varies with the configuration and the carpet area which are as follows- 
2BHK - Rs (4000 - 4200) per month
3BHK - Rs (5300 - 5800) per month

Terraces sample flat is ready to view at the site.

Terraces & its details can be found in the price section & Elegant Terraces Banashankari brochure can be downloaded from the link mentioned below. Project has been praised by the home buyers & Elegant Builders and Developers Banashankari review is 4 out of 5 from over all the clients who have visited the site.

Elegant Terraces Location

Off V Legacy Road, Banashankari 3rd Stage, Bangalore

  • Gopalan Arcade Mall - 1.8kmv
  • Rajarajeshwari Metro Station - 1.9km
  • Nice Ring Road - 2.0km

Elegant Terraces Videos

Elegant Terraces Pros & Cons

Pros-icon

Pros

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1.Towers are placed in a way that no apartments are facing each other, giving each apartment a life time open view.
2.Project has large carpet area specially 2/3BHK which are very rare to find in the current scenario where all the builders are busy constructing smaller carpets. so if you like spacious homes, then this project is perfect for you
3.Apartments have large balcony area which are rare to find in current projects, so if balconies are your preference then this project suits you perfectly.
Cons-icon

Cons

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1.Project doesn't have much open space, as 3 towers are being constructed on 1.75 acres of land parcel, so there is not much place inside the project to roam around

Elegant Terraces Amenities

Internal Amenities

Vitrified Tiles

Vitrified Tiles

Granite Kitchen Platform

Granite Kitchen Platform

Stainless Steel Sink

Stainless Steel Sink

Branded Fittings

Branded Fittings

CCTV Camera

CCTV Camera

External Amenities

Swimming Pool

Swimming Pool

Club House

Club House

Kids Play Area

Kids Play Area

Jogging Track

Jogging Track

Senior Citizen Area

Senior Citizen Area

Squash Court

Squash Court

Basketball Court

Basketball Court

Rock Climbing

Rock Climbing

Indoor games

Indoor games

Yoga Deck

Yoga Deck

Badminton Court

Badminton Court

Gymnasium

Gymnasium

Multi purpose hall

Multi purpose hall

Elegant Terraces Master & Floor Plan

Master Plan

Elegant Terraces Master Plan

Floor Plan

Elegant Terraces Floor Plan

Elegant Terraces Pricing & Unit Plans

Build-up AreaCarpet AreaAll Inc. Price
(Inc. of Taxes & Charges)
Min Downpayment
(Inc. Taxes)
ParkingUnit Plan
1399 sqft Sold Out
1049 sqftSold Out
Sold Out
-
-
Elegant Terraces Unit plan - 1049 sq.ft.
Built-up:1399 sqft
|
Carpet:1049 sqft
Unit plan - 1049 sq.ft.
Sold Out
-All Inc. Price(Inc. of Taxes & Charges)
-
Min Downpayment(Inclusive Taxes)
-Parking
Down Payment
Loan Amount
Interest
Duration
₹0EMI

Elegant Terraces Payment Scheme

Regular Standard Slabwise Payment as per construction, Maximum loan possible up to 90%

Elegant Terraces Litigation Details

Is there any litigation against this proposed project:

No

Elegant Terraces QR Codes

RERA QR code - PRM/KA/RERA/1251/310/PR/200515/003390
PRM/KA/RERA/1251/310/PR/200515/003390

Project approved by

About Elegant Builders and Developers

Elegant Builders and Developers

Elegant Builders and Developers

2 CitiesLocations

Bangalore RuralBangalore Urban

Bangalore Rural, Bangalore Urban

20 yearsExperience
30Total Projects
16K+Happy Families
Found in 2004, the brand has a total of 14 Lakh sft of total constructed area, 15690 happy customers, and 2540 world-class amenities, taking immense pleasure in delivering nothing but the best. Having completed over 22 premium projects with exceptional customer satisfaction, Elegant Builders & Developers is a brand known for incredible reliability. From creating commercial spaces that are eco-friendly with a smart architecture to designing residential units of your dreams, Elegant is consistent with quality construction, timely delivery, and intuitive design.

Frequently Asked Question

The sample flat is not ready yet. However, Housiey provides detailed floor plans, 3D walkthroughs, and virtual consultations with a property expert. Our team can explain the layout, unit sizes, and project details in detail.

The expected possession date is 01 October 2024 as per RERA. Target possession is 01 October 2024.

Yes, it is RERA registered. The RERA number is PRM/KA/RERA/1251/310/PR/200515/003390.

No, it has no pending litigation. All legal documents including the Commencement Certificate and Legal Title Report are available on Housiey for review before booking.

This project offers 18+ amenities. Key external amenities include Multi purpose hall, Gymnasium, Badminton Court, Yoga Deck, and Indoor games.
Internal specifications include CCTV Camera and Branded Fittings. The complete amenities list is available on Housiey.

Monthly maintenance charges are as follows:
• 2BHK: ₹4000 per month
• 3BHK: ₹5300 per month
Charges may vary based on carpet area and floor. Final maintenance charges are confirmed at the time of possession.

In Elegant Terraces, the 2BHK units are available in the following carpet area options:
• 1049 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

In Elegant Terraces, the 3BHK units are available in the following carpet area options:
• 1337 sq. ft.
• 1397 sq. ft.
• 1438 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

The all-inclusive price of a 2BHK in Elegant Terraces starts from ₹1.23 Cr and varies depending on the carpet area and floor level you choose.
• 1049 sq. ft. – ₹1.23 Cr (all-inclusive)
The price includes the base cost, applicable GST, and possession charges. Stamp duty and registration are excluded. Final pricing may vary based on unit configuration, selected floor, and availability.

The all-inclusive price of a 3BHK in Elegant Terraces starts from ₹1.67 Cr and varies depending on the carpet area and floor level you choose.
• 1337 sq. ft. – ₹1.67 Cr (all-inclusive)
• 1397 sq. ft. – ₹1.75 Cr (all-inclusive)
• 1438 sq. ft. – ₹1.80 Cr (all-inclusive)
The price includes the base cost, applicable GST, and possession charges. Stamp duty and registration are excluded. Final pricing may vary based on unit configuration, selected floor, and availability.

It is built across 1.75 acres with 3 towers with B+G+9 floors. Each floor has 4 flats per floor, 2 lifts, 2 staircases. It is available in 2BHK/3BHK configurations with carpet areas ranging from 1049 to 1438 sq. ft.

It is located at Off V Legacy Road, Banashankari 3rd Stage, Bangalore.
Nearby landmarks include:
• Gopalan Arcade Mall - 1.8kmv
• Rajarajeshwari Metro Station - 1.9km
• Nice Ring Road - 2.0km

The following payment plans are available:
• CLP ( Construction Link plan) — Regular Standard Slabwise Payment as per construction, Maximum loan possible up to 90%

Note: In some cases, payment plan deviations can be considered based on your preferred terms. The final schedule is confirmed after your site visit.

The minimum down payment starts from ₹12.00 Lacs, inclusive of all taxes. EMI options are also available. Use the EMI calculator on the project page to check monthly instalments based on your loan amount and tenure.

Yes, it is approved by leading banks including Central Bank of India, Union Bank of India, Bank Of India, Bank Of Baroda, Citi Bank, Kotak Mahindra Bank, Axis Bank, State Bank Of India, ICICI Bank, HDFC BANK. The complete approved bank list is available in the Banks section on Housiey. Home loan eligibility depends on the bank's lending policy and your profile.

No — Housiey follows a strict no-brokerage policy. You pay only the builder's official price — no commission, no hidden charges, and no middlemen. This applies to all projects listed on Housiey.

It is developed by Elegant Builders and Developers, a trusted real estate brand with over 20 years of experience and more than 30 completed projects across Bangalore Rural and Bangalore Urban.
Some of their notable developments include:

• Elegant Atmos in Vidyaranyapura, Bangalore

• Elegant Aura in Jakkur, Bangalore

• Elegant Takt in Vidyaranyapura, Bangalore

• Elegant Hermitage in RR Nagar, Bangalore

• Elegant Tranquility in RR Nagar, Bangalore

Yes, the Commencement Certificate and Legal Title Report are available on Housiey. You can download them from the Documents section or verify them on the RERA portal.

Yes — book a free site visit through Housiey. We arrange a free Ola cab pickup and drop from your location.

Alternatively, you can schedule an online project presentation directly by the builder from home. Both options are 100% free with no obligation to buy.

Yes — NRIs can purchase this project under FEMA regulations. Payment can be made via NRE or NRO accounts. Home loans are available from Indian banks with a co-applicant. Housiey's team assists NRI buyers with documentation and Power of Attorney requirements remotely — 100% free.

Banashankari is one of Bangalore's sought-after micro-markets with consistent property appreciation.

This project by Elegant Builders and Developers — with 20 years of experience — offers 2BHK/3BHK at ₹1.23 Cr to ₹1.80 Cr, making it a strong long-term investment opportunity.

Buying through Housiey gives you:
(1) No brokerage — you pay the builder's exact price
(2) Free Ola cab site visit
(3) Online project presentation by the builder from home
(4) Free legal consultation via Housiey Legal
(5) Honest Pros & Cons review on every project
All services are 100% free with no obligation.

The price sheet and brochure for this project are available for free download on Housiey. Click the "Price Sheet" or "Brochure" button on the project page. No registration is required for instant download.

Housiey has a 4.8 rating on Google with 2,395+ reviews.

Over 8,500 families have purchased homes through Housiey across 8+ cities with no brokerage and direct builder pricing. Housiey has conducted 1.2 lakh+ free site visits and facilitated over ₹8,000 crore worth of property transactions.

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