Anybody has some idea of the Mayfair Anthem project near the ORR marthahalli bangalore?

Q: Hi All,

Recently i come across to the following new residential project near the Outer ring road marthahalli behind the Vrindavan tech park. Srivathsa Constructions now brings their premium experience into Mayfair Anthem

According to me are the following are +ves and -ves

+ves:
1. Location is good on close to main road, close to Outer ring road and many big it hubs.

2. Plans are good, no common walls and should be spacious and well lighted ventilated.

-Ves
1. Builder is very new and it is their first project in bangalore, they said they have completed 10+ projects in HYD but look like many of them are small projects.

2. Not sure about the brand of the builder and quality of the construction will be?

3. I heard some instances of builder not completing the project and ran away in between, and since builder is from HYD it is difficult to catch and track them.

kindly feel free to share more opinions and info if somebody has already booked.

avdesh.somani,

10th December 2011

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Replies (26)

I have shortlisted this project and I want to know how is the price going on for a resale property in this project. Please share the details

Lekshmi,

24th February 2015

Comment

Mayfair Anthem offers 2 and 3 bhk apartments with price ranging from Rs 59 lakhs to Rs 74 lakhs approximately.

Sagar Prasad, Bangalore

24th February 2015

join Owner Group of Mayfair Anthem https://www.facebook.com/groups/603447999729740/

Rahul Bhaskar,

10th February 2014

Comment

You can join the Commonfloor Group, of Mayfair Anthem, Bangalore by clicking on this link http://www.commonfloor.com/mayfair-anthem-bangalore/povp-n0rukg and http://groups.commonfloor.com/ and get in touch with other owners who have already booked a flat in this project and discuss about the same.
Commonfloor.com's apartment management software is absolutely free of cost, Anti spam and provides complete data security and privacy(http://www.commonfloor.com/apartment-communities/pricing).
To find the benefits of joining the software please find this link ( http://www.commonfloor.com/apartment-communities/benefits-owners)
Already 1 lakh apartment society are using Commonfloor Groups to bridge the gap of communication among the owners and MC ( Management Committee)

(http://businesswireindia.com/news/news-details/commonfloorcom-launches-commonfloor-groups/38909 )

CommonfloorAdmin,

24th February 2015

Hi, We have booked a flat in B Block one year back. But they are not showing any progress still. They are telling some or the Other reasons...

Sravanthi Vishnu, Apartment Resident

23rd July 2013

Comment

i think it is 3600 now. Not sure though. Yes.. they are ready for negotiation. Best of luck

Rathi,

19th June 2012

Comment

Hi,I have already made an agreement with this builder and I want to know if there is any group exists for communication regarding the status of the project

Parthasarathy, Apartment Resident

20th June 2012

Hi Parthasarathy, i have booked an apt there.My number is 7829011900.Please let me know your number

21st June 2012

I want to book a flat here. Is there any owners group for this project

Naga Kishore, Apartment Resident

4th October 2012

Hi all,
Does anybody know the current rate/sqft?
I am interested to book a 2bhk but want to know if the rate is negotiable or not.

Thanks,
Mayank

mayank, Bangalore

4th June 2012

Comment

Hi Piyush,
We also visited on Saturday. you must have seen that they have almost finished foundation.
Yes.. their plan is great. Their construction quality will be good because they are recently in to one more project (though not started - will take more than an year for paper work) which is on the same road as May fair anthem. This will be their benchmark for their next project.

Rathi,

12th March 2012

Comment

Thanks for replying Rathi, i will not be going forward with the booking here as the doubts are too much like 1st project in bangalore, no previous projects to fall back on, no offence.

Piyush Pandey, Apartment Resident, Bangalore

12th March 2012

visited the mayfair site today and was pretty satisfied with the plan but still have doubts on construction quality as there was no model flat. can anyone comment on the progress so far?

Piyush Pandey, Apartment Resident, Bangalore

11th March 2012

Comment

Dont worry Gautam... We also have booked there in November... Infact they gave us the documents while booking itself. I dont know about the policy now.
May be one thing u can try is to give a post dated check while going for sale of agreement and then get it verified by your lawyers. They should be fine with this.

Rathi,

18th February 2012

Comment

Anyone done with their agreement, as they are not providing the property document booklet at the time of booking. They will provide once the agreement is done. I am little sceptical about it, they say their policy doesn't allow to give after booking. It does smell little fishy here.... please comment

Gautam Das, Bangalore

15th February 2012

Comment

Nothing fishy here. Most of the flats have already booked . Initially all the persons who booked the flat got all the documents and got verified with their lawyers. Their papers are very clear , land documents are good , project is BBMP approved . Builder is very confident about the sale of the remaining flats . Initially they didn't have the BBMP approval , so many persons cancelled the booking but didn't return the 100 pages documents. Builder doesn't want this to happen for few of the remaining flats.

avanishkumar2, Apartment Resident

15th February 2012

Hi All,

Nice to hear good things about this guy and I am planning to book by tommorrow.
Partha

Parthasarathy, Apartment Resident

11th February 2012

Comment

so which one did you booked ....

Gautam Das, Bangalore

15th February 2012

Hi Partha, I am also looking forward to book an apartment here and wanted some feedback about the same. It will be great if you can share your email id/mobile number

Siddharth, Apartment Resident

24th April 2012

Hi I am sorry Siddharth for being late in replying as I was unable to get this link to view...please take a note of my email id for communication : sarathy333@gmail.com

Parthasarathy, Apartment Resident

20th June 2012

Thanks Avanish for letting us know on the progess. We also visited the site. Foundation is going on.
Venkat said that they will finish foundation by Feb 10th.

Rathi,

30th January 2012

Comment

Project's plan seems to be BBMP approved now. Got this news from the builder's facebook page : http://www.facebook.com/MAYFAIR.ANTHEM
-Avanish

avanishkumar2, Apartment Resident

30th January 2012

Comment

Hi All,

B. Sathish , MD , Srivathsa Constructions told me yesterday that they got the approval letter from SBI 's Advocate yesterday only.

Regards,
Avanish

avanishkumar2, Apartment Resident

25th January 2012

Comment

Hi ,

Last week I met Mayfair Anthem and came to know that following approvals they have recieved now:

> NOC from Airport Authority of India,Bangalore
> NOC from the Traffic Department
> NOC from the Lift Inspectorate
> NOC from the Department of Telecommunication
> NOC from the BESCOM
> NOC from the BWSSB

These were the last document required for BBMP approval's final stamping.
Now, all the buyers can proceed for the agreement without any further worry .

-Avanish

avanishkumar2, Apartment Resident

21st January 2012

Comment

I think that you guys need not to worry about the quality of project . Reason : Project Head- Venkat has already worked with Mantri & Sobha . Builder - Mr Sathish has developed so many projects in Hyderabad with good quality. Builder is trying to establish himself in Bangalore , this is his first project here , he'll definitely give his best as he has next project already in plan Also Block-A of this project is in premium. Its quality will be benchmark for Block-B. After showing Block-A as sample , builder can sell remaining flats of Block-B at higher cost. That's why they are not negotiating for Block-A flats . Only 2 flats are remaining to be sold in Block-A. Also they have increased the rate by Rs 100/sqft from last month rate.

avanishkumar2, Apartment Resident

9th January 2012

Comment

o.k... That is nice to hear... Any idea of the construction progress?

Rathi,

9th January 2012

We also have booked a 3 bhk flat there A-405. Their layout plan and design is good and rate was o.k when compared to Prestige Sunnyside and others in that area. Not sure of builder's quality though.

Rathi,

6th January 2012

Comment

You need not to worry about the quality of project . Reason : Project Head- Venkat has already worked with Mantri & Sobha .
Builder - Mr Sathish has developed so many projects in Hyderabad with good quality.
Builder is trying to establish himself in Bangalore , this is his first project here , he'll definitely give his best as he has next project already in plan
Also Block-A of this project is in premium. Its quality will be benchmark for Block-B. After showing Block-A as sample , builder can sell remaining flats of Block-B at higher cost

avanishkumar2, Apartment Resident

8th January 2012

Mr Avanish Kumar looks like a real estate sales man... How can you have so much time to reply & how can you in so much detail...

Alto Falto,

14th January 2012

Yesterday I went to the site & talked to MD of Srivathsa Construction Pvt Ltd regarding the JDA/GPA registration & BBMP approval. According to him , construction layout is already approved and only 1-2 signatures are pending which will be done by this week itself. As the JDA/GPA were one in Feb'2011 , 6% Registration charges doesn't apply for them . So JDA & GPA will be registered by next week itself .
This is a very good news for all the persons who have already booked or looking forward for booking in this project. Only these two items are pending in this project . Once these are done , there will be a boom in the demand & may be in the rate. All the best to builders of Mayfair Anthem Project.

Regards,
Avanish
A-205

avanishkumar2, Apartment Resident

27th December 2011

Comment

Bangalore Realty Developers & JDA/GPA Registration:: High stamp duty clogs revenue flow

Since April, govt has hardly earned any money as developers evade registering property documents

By S Kushala
Posted On Tuesday, October 11, 2011

Read the article here

http://www.bangaloremirror.com/printarticle.aspx?page=comments&action=add&sectid=10&contentid=2011101120111011060728177c54fb33d&subsite=

avanishkumar2, Apartment Resident

22nd December 2011

Comment

Mr Shivappa (Advovate & Land Consultant) verdict regarding Mayfair Anthem project is ::

> Land is good as it belongs to only one person - Smt. Vijayalaxmi & her siblings . All documents are absolutely OK .
> JDA ( Joint Development Agreement ) - Even though it is not registered in Sub-registrar office, it is on mutual understanding b/w land owner & the builder.
> GPA ( General Power of Attorney ) - There is no problem in it as it is done with Notary .

So , both JDA & GPA registration with sub-registrar are not mandatory at all .

Going further , some list of documents along with Layout approval need to be asked from Builder. Some documents required at the time of final possession & registration like NOC from the Lift Inspectorate.
"The purchaser may proceed for negotiation with the developer at his convenient option"
BBMP approval for layout is anyhow to come .
-Avanish(A-205)

avanishkumar2, Apartment Resident

22nd December 2011

Comment

Hi All,

Before proceeding for Agreement (deposit of first 15% ), make sure that :

> GPA ( General Power of Attorney) is registered with government
> JDA ( Joint Development Agreement ) is registered with government
> Construction Layout Plan is APPROVED by BBMP officials

At the moment, no one of the above is done though GPA & JDA are not mandatory if all the Owners of the land sign on the agreement .

No harm in booking the flat in this project with your choice as later you'll not get the same by even paying the higher price . Once everything is done , you'll not get the same price and flat of your choice.

Regards,
Avanish (A-205 )

avanishkumar2, Apartment Resident

20th December 2011

Comment

Have u inquired about the prices nearby projects? There location is too good . Layout & floor plan is excellent . I have booked two flats there . As per the discussion with group members & other people , the current price in A-Block is Rs 3175-3200 & in B-Block its Rs 3150-3200 .We have formed an owner group & we are regularly discussing the legal documents . We are more serious than anybody else as we have put our booking amounts there . According to the 2-3 paid lawyers we have discussed , JDA & GPA are not mandatory at all . If all the land owners sign on the agreements , nothing else is needed . Project got approved by LICHF on last Friday . Builder has already provided all the documents he has and our layers are satisfied with this . Only the Layout approval from BBMP is pending which will take hardly few days . - Avanish Kumar (A-205 )

avanishkumar2, Apartment Resident

19th December 2011

Comment

hmm ok.

Shashanka Dasari,

19th December 2011

Hi can I get ur email Id ...I ahve booked mine, i just need to clarify few doc related issues

Gautam Das, Bangalore

15th February 2012

Hi The rate maximum for this project can be 3000/sft considering the builder record & legal issues / risks.
There are others like Marvel-Domicilia ( 3150/sft) & VARS ( 2600/sft) who are better than this builder.

Shashanka Dasari,

19th December 2011

Comment

but the plans & undivided land share is good.

Shashanka Dasari,

19th December 2011

Hi All,

Detailed Layout , Floor Plan , Specifications etc are available to download from http://groups.google.com/group/owners-of-mayfair-anthem-residential-project-at-orrbangalore

There, you can also download the agreement statement provided by Srivathsa Constructions Pvt Ltd.

Regards,
Avanish Kumar(A-205)
M-9916349993

avanishkumar2, Apartment Resident

19th December 2011

Comment

Hi ,

Latest update/pics of this project is at
http://www.facebook.com/pages/Owners-of-Mayfair-Anthem-Residential-Project-at-ORRBangalore

AND

http://groups.google.com/group/owners-of-mayfair-anthem-residential-project-at-orrbangalore ( you can update the status update etc at this link )

Today only me & Pratyush went at the site & met Satish (Builder ) & Venkat ( Project Head, Civil Engg ) . We were somewhat satisfied with the proceedings in terms of project , legal documents , quality of the previous projects in Hyderabad , their attitude & project demand .

Regards,
Avanish
Kumar.Avanish@yahoo.com

avanishkumar2, Apartment Resident

17th December 2011

Comment

Borewell issue is applicable for all nearby projects including Vaswani,Sunnyside etc . Builder is small that's why price is reasonable. All big builders outsource the project to smaller builders as they have to run 5-6 projects together. See the nearby lakes in googlemaps by zooming out.

avanishkumar2, Apartment Resident

11th December 2011

Comment

Water issue is every where in Bangalore specially areas near to marthhalli.

avdesh.somani,

11th December 2011

join this group for more info https://www.facebook.com/groups/603447999729740/

Rahul Bhaskar,

10th February 2014

Yes, I have booked one here. This is a new builder and trying to establish in BLR. They have bought another land nearby and to grow their business they must complete the existing project.
I will recommend a buy here.
Thanks,

kumar_santosh,

11th December 2011

Comment

I also had a look there today..The concern is the builder's quality. I also doubt about the water..borewells may not last long as I don't see any natural water reservoirs near by! How much did they negotiate at the rate?

Borah Abhijit, Apartment Resident

11th December 2011

3000/sft can be maximum rate for this project considering the builder record & legal issues. Also other projects Marvel-Domicilia ( 3150 /sft) & VARS ( 2600 / sft) seem to be better in that area.

Shashanka Dasari,

19th December 2011

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