Tuesday, 17 July 2012

Heera Swiss Town - Sasthamangalam Trivandrum


Heera Swiss Town is an apartment project by Heera developers in Sasthamangalam, Trivandrum. The actual location of Heera Swiss Town is near Soorya Gardens, which is a residential community located at Pipinmoodu in Trivandrum. 

Heera Swiss Town consists of 195 apartments in 3 Blocks. It has 2,3 and 4 bhk apartments and penthouses.The actual area of the apartments ranges from 1155 Sq.Ft to 3460 Sq.Ft.


 ANALYSIS

Heera Swiss Town will enjoy the proximity to Sasthamangalam Junction which is a prime area for development. However Heera Swiss Town is not likely to command the same premium like an SFS Icon or an SFS Grande which is much more prominent in the main Vellayambalam Sasthamangalam road. As per our previous analysis of projects, Heera Swiss Town project is likely to get an appreciation of between 14 to 16% CAGR in the next five to six years from the prevailing rates. Similar apartments in Sasthamangalam junction are likely to command a 18 to 20% CAGR in the next 5 years.

Heera Swiss Town is not rated by any rating body like CRISIL, although Heera does have the Heera Infocity project at Kazhakuttam in Trivandrum which is rated 7-star by CRISIL. Structural quality is one of the criteria in CRISIL ratings.  For further feedback on Heera Swiss Town please contact Nandanam Consultants

AMENITIES

Common Facilities
- Vitrified tiles for the entire floors
- Children’s park
- Landscaped garden
- Reticulated gas system
- Health club with all equipments
- Swimming pool
- Party Area

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