Real estate marketplace SmartOwner expands portfolio in luxury home space in Bengaluru

Launches opulent villas Beverly Woods to cater to growing demand among NRIs and HNIs in the post-COVID era

by Suman Gupta

Bengaluru: December 28, 2020 – SmartOwner Services India Pvt. Ltd., Asia’s fastest-growing property investment management marketplace, has strengthened its existing portfolio in Bengaluru to cater to the growing demand for large spacious homes in the post-COVID era among NRIs and HNIs. The firm has launched new luxury villas Beverly Woods off Sarjapur Road in Bengaluru by Prime One Corp — the development management wing of SmartOwner. The project will have around 120 independent villas in Phase 1 spread over 10.7 acres. A few of the luxury villas will be ready for the end users by March 2022.

Blueprinted by acclaimed US-based architect Jeff Kiser, Beverly Woods has adopted top global architectural and design standards. Each villa will have high-end imported fittings from leading international brands such as Schneider, Duravit, Grohe, and many others. Spacious floor plans with flexible spaces as well as outdoor spaces with more than 60% of open green space, wide roads and sidewalks are some of the additional facilities that prospective investors or owners of the villas can enjoy.

“We launched Beverly Woods because we’ve been seeing a growing demand among both NRIs, HNIs and business executives looking to invest in larger, spacious homes with advanced specifications such as home offices, large outdoor areas, and a wide range of top-quality amenities. These villas will allow residents to spend a relatively longer time at home in great comfort and luxury, leaving them with nothing to worry about on the home front.  Purchase of homes is also considered among the best and safest investments as we continue to grapple with the COVID impact considering that this is one of the few asset classes that has behaved predictably and strongly during this period. We will see the demand for these premium living spaces grow further in the first half of 2021 and this project is a step in that direction.” says Vikram Chari, Founder & CEO of SmartOwner.

SmartOwner currently has six ongoing projects including luxury villas, apartments, integrated townships and grade A offices across Bengaluru. The company has also invested in a coworking space in Pune. In Bengaluru, Beverly Woods is the firm’s third project in the independent, luxury villa segment in addition to its two ongoing projects — Centreo on Kanakapura Road and The Treeline at Jakkur plantation in the luxury and ultra-luxury apartment segments respectively.

About SmartOwner: Headquartered in Bengaluru, SmartOwner is Asia’s leading real estate FinTech firm, specializes in identifying, offering, and funding the real estate deals of the future. SmartOwner offers discerning investors an online marketplace that enables them to participate in highly curated real estate investment opportunities in the fastest-growing markets of the world.

SmartOwner brings together the financial expertise of a large PE fund, the legal expertise of a major law firm, and the real estate expertise of a top developer and operator onto a common platform to give real estate investors access to exclusive high-return opportunities.

SmartOwner enables investors to profit from the fastest growing asset classes within real estate, such as co-working, while also enabling them to participate in more traditional commercial and residential investment opportunities and profit from this important part of India’s rapidly growing economy.

The company has six projects currently planned, including luxury villas, apartments, integrated townships and grade A offices. These are scheduled to be launched over the next 9-12 months.