A city destination that encompasses everything upscale

With Olivia phase 3 at L&T Raintree Boulevard, L&T Realty is introducing another luxury residential development in Bangalore.

The residential development in Hebbal, Bangalore, will cover 65 acres. At L&T Raintree Boulevard, you’ll find nearly 446 meticulously designed units. 

Featuring residential and commercial space over eight blocks, L&T Raintree Boulevard is a popular residential and retail destination. The luxury home will be available in March 2026, so you can begin living a luxurious and elitist life. With its affordable prices for luxury 3BHK and 4BHK villas, L&T Olivia Apartments near Hebbal for Sale offers a wide choice of villas. 

In a lush, tranquil setting, the project is drenched in greenery. A luxury oasis away from the city’s noise, this project fuses contemporary design with luxury amenities. Modern conveniences meet a green environment in the magnificent ambiance of L&T Raintree Boulevard. A large amount of green space, including landscaped gardens and green zones, characterises the L&T Realty project. There will be a lot to delight nature lovers. 

Olivia offers a feeling of elegance and ease in its amenities and basic facilities. 

The location is a prime one.

A unique location advantage distinguishes the L&T Raintree Boulevard in Bangalore’s Hebbal district. As well as being a highly accessible location, this is a quiet residential neighbourhood.

No other area of Bangalore is as vibrant as Hebbal, and L&T OLIVIA AT RAINTREE BOULEVARD is ideally situated in this part of the city. During the last few decades, this region has grown tremendously. Its numerous IT farms and multinational companies (Manyata Tech Park, Sattva Galleria, RMZ Latitude, Brigade Magnum, Brigade Opus, and NCC) have transformed the area into a premier destination. 

Many people are attracted to the location because of its high level of connectivity. Road connectivity in this region is superb. Residents of the residential site are within walking distance of Bellary Road, the ORR (NH 44), and Hebbal Flyover. Sahakara Nagar is only two kilometres away. North Bangalore can also be easily accessed from Hebbal Circle (about 3km away). Also available are public transportation options.  BMTC buses are a convenient way to travel around Bangalore. Further, Hebbal Railway Station is just two kilometres away from the site, while City Railway Station is eleven kilometres away. The Bellary Road connection is just 40 minutes from Kempegowda International Airport, which is 22km from the city. 

A solid social structure also exists in Hebbal. Compared to other residential areas, this one has a calmer atmosphere. It is, therefore, home to numerous schools (Vidyashilp, Presidency, Canadian International, etc.), hospitals, colleges, employment centers, shopping malls (RMZ Galleria Mall, Esteem Mall, and notably the largest mall in L&T Campus), clubs, bars, and a range of luxurious entertainment options. In the vicinity of this site, there are several reputable hospitals. You may seek emergency treatment at Columbia Asia, Cauvery Hospital, or Baptist Hospital. You will also be able to engage in an active social life here. The presence of numerous lakes and parks enhances its natural beauty. 

You will be satisfied if you choose to settle in this spectacular location. 

Amenities that might overwhelm you.

There are no words to describe the luxury and comfort of L&T Raintree Boulevard. To ensure a comfortable and luxurious stay, Olivia provides a total of 15 amenities.

1. There is a more heightened sense of relaxation at Raintree Boulevard. Many amenities are available on the campus, including medical services, ATMs, 24-hour water supply, a senior citizen’s area, intercoms, terrace lounges, parking areas, elevators, and a backup power source. 

2. Maintaining a high level of safety and security is the responsibility of maintenance personnel. An on-site security cabin is equipped with LED street lights and CCTV cameras, providing 24-hour surveillance.

3. L&T Raintree Boulevard offers a wide range of exciting activities. We have tennis courts, soccer pitches, cricket pitches, basketball courts, squash courts, lawn tennis courts, table tennis courts, and basketball courts for your use. 

4. This property provides a banquet hall, a lawn, a business center, and a clubhouse, in addition to a reception lobby, a business center, and a clubhouse. If your friends or colleagues want to join you anywhere, even indoors, they are more than welcome.

5. An array of amenities are available at Raintree Boulevard to promote an active and healthy lifestyle. You can work out in a fitness center, jog on the jogging track, bike on the bike track, or meditate in a yoga room.

6. Sandpits, pools, and skating rinks are available for the little ones. 

7. When professional and personal pressures are intensifying, Raintree Boulevard provides a respite. You can find an amphitheater, a library, spas, salons, and restaurants at this facility. 

8. It is easy to feel relaxed when Olivia is surrounded by nature. A number of parks and gardens are located near the area that promotes plant growth.

9. Construction of L&T Raintree Boulevard took into account rainwater harvesting, stormwater drainage, and sewage treatment.

Floorplan:

The following apartment configurations are available in  L&T Olivia Apartments near Hebbal for Sale:

3BHK Luxuria: 1134 sqft

3BHK Regalia: 1345 sqft

3BHK Regalia: 1336 sqft

3BHK Superia: 934 sqft

4BHK Luxuria: 1718 sqft

4BHK Regalia: 1861 sqft

A contemporary finish is applied to the villas that are designed in this complex. Each villa offers well-ventilated bedrooms, attached bathrooms, modular kitchens, and spacious balconies with tile flooring. A utility zone is built into every villa. Every villa at L&T Boulevard boasts spacious windows to allow you to enjoy nature at its best. 

About the developer:

With our commitment, customer-focused approach, and transparency, we have become a leading developer of residences, corporate offices, retail, leisure, and entertainment facilities. With our world-class landmarks in every mega city, we are the real estate arm of Larsen and Toubro in India, ensuring customer happiness and delight at every turn.  The values of professionalism, ethics, diligence, quality, and trust are embodied in L&T Realty. An uncompromising commitment to quality is the cornerstone of the company’s impeccable reputation. By integrating community villas with open landscapes, L&T Realty provides residents with an enhanced quality of life. 

Specifications: 

1. RCC frames are used for the building’s structure, and solid concrete blocks are used for the masonry.

2. Vitrified tiles are used as flooring throughout the living, dining, and bedroom spaces, while ceramic tiles are used in bathrooms to prevent slips and falls. 

3. Door frames are made of wood with flush shutters and veneers or laminates for the main entrance. The balconies are equipped with uPVC French windows. Doors in the bathroom feature high-quality locks and hinges. We have installed Kohler, Toto, Roca, Hindware, Jaguar, Parryware, American standard, and Hindware sanitary fixtures. Roca, Jaguar, Kohler, American standards, Grohe, and Moen branded CP fittings are used. Granite basin counters and an EWC ledge are present in the primary bedroom’s toilets. Rainwater harvesting is made possible through the installation of drainage pipes throughout. 

4. Emergency telephones are available in the security cabin for handling any kind of emergency. Each block has automatic lift services for the convenience of residents. A CCTV camera system is also installed at each vintage point. 

5. A lot of attention is paid to the electrical services at  L&T Olivia 2 and 3 BHK Apartment for sale near Hebbal. All copper electrical wiring is concealed through conduits throughout the complex.

6. In order to ensure safety, each lift and pump is connected to a 100% D.G. backup. BESCOM provides grid power to every home.

By paying improvement costs, over 6 lakh ‘B-Khata’ property owners can obtain an ‘A-khata’ certificate from the Bruhat Bengaluru Mahanagara Palike (BBMP).

In a high-level meeting on April 13, Chief Secretary P Ravi Kumar proposed that the civic body provide khata and property identification numbers (PID) to all property owners in Bengaluru.

A-Khata homes have valid documentation that has been confirmed by state organisations. Property in violation of bylaws and buildings developed without building plan approval are examples of ‘B-Khata’ properties with abnormalities in the documentation. Since 2008, the BBMP has discontinued giving ‘A-Khata’ to properties that are in breach of bylaws and instead have kept a B registry, which has become known as B Khata properties.

The BBMP in its recent budget has projected a total revenue collection of Rs 10,484.28 crore. The corporation has estimated it would collect Rs 3,107 crore from property tax. It estimated revenue of Rs. 1000 crore from ‘B-Khata’ to ‘A-Khata’ Regularisation Scheme.

The conference discussed the subject, according to BBMP chief commissioner Gaurav Gupta, and it was recommended that ‘khata’ be granted to all properties. “The administration has yet to issue an executive order. Before any formal decision is made, several legal problems must be resolved,” he stated.

The Karnataka Administrative Reforms Commission recently proposed collecting penalties and land conversion charges to convert ‘B-Khata’ to ‘A-Khata.’ The problem would be addressed in light of the Karnataka Town and Country Planning Act and the Karnataka Land Revenue Act, according to Chief Minister Basavaraj Bommai.

In 2022, India’s real estate sector is seeing a robust growth in demand, which is likely to continue throughout the year. The real estate industry’s entire market forecast is good, from commercial spaces to residential markets.

Despite pandemic challenges, the sector remained resilient and grew steadily in 2021. For a time, India’s first wave of Covid-19 brought the industry to a halt. However, by the fourth quarter of 2020, the market had began to pick up speed, thanks in part to increased demand for residential apartments. The second wave of Covid-19 arrived just as the area was beginning to recover. Unlike the first wave, the second wave had less lasting and conspicuous consequences. Vaccination campaigns and lower illness rates boosted market confidence. In addition, the holiday season aided the sector’s expansion.

The sector made a significant recovery as a result of these causes. The good trend that began in Q3 2021 is expected to continue, and the year will close on a high note. Residential sales increased by 65 percent on a sequential basis in Q3 2021, according to a JLL report. Low interest rates, along with duty waivers (in some jurisdictions), realistic property price, and appealing offers, will assist the business, resulting in cheap synergies.

The real estate index has grown by 75% in the last year and is the second-best performing sector index, outperforming the benchmark index Nifty50 by a wide margin. Real estate has not only made a comeback but is likely to thrive in the coming year, thanks to historically low loan rates and temporary stamp cuts.

The year 2022 will be significant for real estate

In the residential segment, India’s real estate sector is expected to rise by roughly 5% in capital value by 2022. According to some estimates, sales momentum will go up in 2022, as prospective homebuyers will continue to favour larger homes with more facilities, and attractive pricing will keep them interested in closing transactions. Meanwhile, when office employment restarts, the commercial sector’s rebound and the flight-to-quality tendency are likely to keep rents stable and climb in 2022. Furthermore, in the coming year, the luxury home market is expected to reach new heights.

The financial impact

The Indian government has launched a number of initiatives in the hopes of encouraging people to own real estate. The proposals made in the Union Budget 2022-2023 will aid in the development of a robust real estate market.

The government continues to place a high priority on affordable housing while also looking for methods to improve existing financing processes in order to offer liquidity to stalled real estate projects. The Indian government extended the deadline for providing pucca dwellings to all rural families till 2024 in the first week of December. The Cabinet resolved to grant INR 2.17 lakh crore in additional Central and State money to the flagship rural scheme, Pradhan Mantri Awas Yojana-Gramin, in order to meet its aim of building 2.95 Crore houses.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has announced that the repo rate and reverse repo rate will remain unchanged for the tenth time. Organizing the

MPC set the tone for the year by indicating that it is focused on growth. Maintaining interest rates will assist in enhancing consumer affordability and maintaining existing demand trends.

Continued expansion

According to NITI Aayog, the Indian real estate sector would reach a market size of $1 trillion by 2030, accounting for 13% of India’s GDP. The real estate business, which is already the third-largest contributor to economic growth, is predicted to keep growing in 2022.

Tata Housing, the Tata group’s real estate business, plans to invest roughly Rs 1,200 crore over the next two years to buy land outright and through joint ventures across key cities for group housing projects and plotted development. According to Dutt, Tata Housing recently launched the ‘Swaram’ project in Devanahalli, Bengaluru, and the plots were sold out within 36 hours of its introduction. Sanjay Dutt, CEO and MD of Tata Realty and Infrastructure, said, “We sold all 157 plots for 130 crore.”

Sanjay Dutt, CEO and MD of Tata Realty and Infrastructure, told PTI that demand for plots has surged dramatically during the epidemic, adding that the company has sold all 157 plots in Bengaluru for Rs 130 crore. “Over the next 12-24 months, we want to invest Rs 1,200 crore in acquiring lands for premium residential areas as well as plotted development,” he said.

One Bangalore Luxury Projects LLP, a joint venture between Tata Housing Development Company Ltd and M S Ramaiah Realty LLP, is developing the Swaram project as part of Tata Housing’s 140-acre township ‘Karnatica.’

The project, which is located in Devanahalli, Bangalore, 15 minutes from the Kempegowda International Airport, features pre-engineered plots with wide roads and energy efficient street lighting. The technology, environmental, and social concerns will be central to the mixed-use development. The idea would be to build a city where technology coexists with nature, “smart” coexists with sustainability, and social connection is promoted by structures like parks and high-street shops. People will be encouraged to not just utilise smart technology, but also to be social and live in close proximity to nature, which will improve the livability index.

“Driven by innovation, we have been sprinting towards producing properties that deliver better value to the increasing needs of new-age house buyers,” Sanjay Dutt, CEO and MD, Tata Realty and Infrastructure, stated. Carnatica is one of our largest projects in Bengaluru, and it will reshape the region’s millennial house buyer demand. North Bengaluru has been a development hotspot, especially since KIAL’s expansion in 2014. The launch of Swaram as the first phase of Carnatica will boost North Bengaluru’s real estate worth.”

After Crescent Enclave in Chennai, this is the company’s second plotted development project. The company is willing to buy property parcels outright as well as arrange joint development agreements (JDAs) with landowners. It’s looking at land banks that range in size from 12 acres to 200 acres. Tata Realty is concentrating its efforts on large-scale projects in both the commercial and residential sectors.