Builder Reputation of UKN Esperanza

Q: Planning to buy an apartment in Phase II in UKN Esperanza. Need some quick help please any feedback on builder, title, maintenance, water availability etc much appreciated.

RahulSharma36blr,

1st December 2011

Builder Review in UKN Esperanza, Whitefield, Bangalore

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Replies (15)

Planning to invest in UKN esperanza villas. How is the situation now.. Is the OC obtained yet. Is there still water problem

Radhika Putty, Apartment Resident

13th March 2018

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How is the maintenance now? Had anything changed for better ? How are the Villa in Phase I? I was contemplating to invest in villa. Would that be okay?

Ayan Hajra Chowdhury, Apartment Resident

1st June 2017

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Hi, we are interested in purchasing flat in Esperanza phase 2. How is the project and did you face any problem till now?

Sujoy Saraswati,

17th January 2017

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Please read and make yourself aware of the builder....
https://www.facebook.com/UKnEsperazaFightForRights/

Esperanza Residents,

15th May 2014

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Hey Anula, In which Phase are you planning to buy an apartment? As far as I know Phase I is ready to move in and Phase II is under construction. The project has been approved by BBMP and all the leading banks. They are also giving A Khata.

Jacob, Bangalore

28th March 2014

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hii
we are planning to buy a property in esperanza.....can any one pls tell us what is the status now....
water, maintenance, oc .........???

Anula Gupta,

20th March 2014

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Before Investing , pls ask the following questions to builder

1. Have they transferred the sinking fund to Phase I owners? What did the maintenance agency done with the sinking fund interest for the last 4 years?
2. What is the plan for approach road? Is the existing one enough ? who is going to maintain it?
3. How the water is arranged now? How many borewells are digged and how many are functional? what is the plan for Kaveri? Do they have the sanction?
4. ask to produce the tax payment details for the apartment
5. Who is handling the maintenance now? Why it is done by that particular agency?
6. How many times they replaced the staff/security this in the last one year?

I am owner staying here and I don't have answer to these.

EsperanzaOwner, Bangalore

1st May 2013

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.I am looking to buy a property in phase 1 or phase2 . These comments scare me . WIll be a great help if I can speak to someone already staying there . Will be great if you can share your contact with souravbanerjee21@gmail.com

Sourav Banerjee, Apartment Resident

26th February 2013

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Agree with comments by Esp Owner - there are lot of issues now with Phase 1 - sinking fund, maintenance rates, dry borewells, builder response (practically zero), no support from builder on association - hence residents have formed alternate association... the list goes on. So I think the reputation is pretty bad (as far as Phase 1 residents are concerned).

UKN Owner,

22nd December 2012

Comment

hi,

I have booked flat in the phase 2 set of apartments but nothing seems to have happened after they collected the booking amount way back.

Anyone else currently wondering whatever happened to constructions plans they had promised/shown while booking?????

Nithin Rajagopal,

18th March 2012

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Thanks for sharing you experience with UKN Esperanza, as one of my friends was planning to invest in this project.

Suneet, Delhi

20th February 2012

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I am staying in Esperanza now and currently we see a different face of the builder.

1. They are changing their stands: Earlier they agreed on the creation of an association. When we started the process (submitted all docs ), they didn't take any initiative to continue. In th recent communication they changed their stand and stop responding to us.
2. The entire maintenance is done by a third party agency called Zebrano. Recently they send a communication about arrears payments + increase in the maintainace. When all the residents questioned, they didn't get back to us. So many escalations done, but no response.
3. there are concerns about the quality of work done by Zebrano, but we don't have any support from builder to rectify it as they simply don't respond.

So those who are investing in Phase II, pls get clarification on this. Also pls talk to current residents.

Esp owner, Bangalore

20th February 2012

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Yes price is on the higher side. I heard maintenance also high. Any reason why SBI is not providing loans?

RahulSharma36blr,

2nd December 2011

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If you are interested in buying a property then you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.

Kanthi Sridhar, Bangalore

2nd December 2011

Comment

Builder reputation is good. I have seen the project. But the price quoted by them is pretty high according to me. What you felt? I heard main banks like SBI is not providing loans. Get the title of the property checked by the lawyer.

Rakesh, Bangalore

2nd December 2011

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