SPL Samethana project approvals

Q: What approvals SPL Samethana project has got?

Jalpa Chauhan, Apartment Resident

25th September 2012

Legal in Sri Sumeru Samethana Lakefront, Whitefield, Bangalore

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Replies (11)

Can you please let me know when is the registeration starting for Flats in Samethana Lakefront project.

Manish Kapoor, Apartment Resident

19th November 2014

Comment

It is simple for anyone to get 20 lacs loan amount and adjusting another 20 lacs for owning house. The problem doesn't end their. But new set of problems starts from their. So request Buyers to take time in investing.

The best way now-a-days followed is 2 - 4 friends are buying a single Flat parting saying 10 lacs each without going for any loans. wait for 3- 5 yrs then take a profit of 20 lacs. Were an Individual is making 5 lacs profit . Best case within 3 yrs , worst case 5 yrs and above.

Sakthi Velu, Salem

23rd August 2013

Comment

Moreover their pricing will be such a way that, Good quality projects in that area will be higher than what an Individual had Booked in SPL properties. which anyone will feel bad after getting into the Flat.
Hope If an prospective buyer has come across any problems to post his/her views and their by helping Individuals to take a better decision. Their Trap is first time buyers. use forums like common floor , harshasagar.com .... etc . To help your friends,Realatives ... etc to take right decision. NO one will become a hero/heroine by just owning a Flat not heeding to elders opnions.

Sakthi Velu, Salem

23rd August 2013

Comment

So that buyers can make profit from Resale. if that is the case 2BHK and 3BHK Rs. 21.72L - 39.32L 790Sq ft - 1430Sq ft. Then the construction cost is only 8-12 lacs in this case. If any one have signed the Agrement to build/sale. Their will be clause which says VAT,service charges,BESCOM,BWSSB etc ... will be charged at what ever actuals will be when finished the project. As well as they can ask for more Money for various reasons as well.

Their by making an Individual to cancel the Booking amount and resell the flat for new customer with New Base price. 25% of the Business is done only by making the Buyer to wait for longer period. Making Business with other people money (OPM). OPIUM is used in making drugs , were they are drug addiction happens.

Sakthi Velu, Salem

23rd August 2013

Comment

check on this link http://harshasagar.com/2012/08/16/fraud-practices-by-builders-in-bangalore/.

The possession date has been changed several times , now the latest being March 2014. Based on Mr.Mirnal Post in SPL Scintilla. Moreover what I have observed is , their Mods operandi is such that, they will build projects in scheduled areas were not much construction of other projects are happening. Public will have a tendency to get attracted to them will lessor price. Actually construction will be people come based on the views expressed in media channels. The construction cost of 1.5 crore and above flats /condos is only mere 50 Lacs. Rest whatever is paid is for the Brand value.

Sakthi Velu, Salem

23rd August 2013

Comment

Check SPL scintilla - wherein some as said they are liers.
Adding to it They are Hopeless , characterless ...... check on this link which I came across http://harshasagar.com/questions/samethana-lake-front/

Sakthi Velu, Salem

23rd August 2013

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Hi all, I heard the project would be completed in an year.. that is by Oct 2013.. Please update me with any recent details..

Arjun, Ahmedabad

25th September 2012

Comment

check http://harshasagar.com/questions/samethana-lake-front/

Sakthi Velu, Salem

23rd August 2013

Hello.. if you are planning to buy a flat here, 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.

ganesh, Noida

25th September 2012

Comment

Hi Jalpa, the project has got Loan approvals by SBI, Axis Bank, LIC HFL and Syndicate Bank..

rajesh.sing2,

25th September 2012

Comment

SPL Samethana is a prime residential project in ITPL neighborhood of Bangalore. It is an ongoing project of SPL Housing Pvt Ltd. The project has spacious and over 198 flats of 2 and 3 bhk units.

Anandraj, Hyderabad

25th September 2012

Comment

How it is spacious - it is very congested . Check the Floor Plan . The amount you pay for 2 BHK will actually get 1 BHK and 2 BHK instead of 3BHK. People are being lured by pricing and making small rooms with more number of doors doesn't make it 3BHK. Look out the amenities , it is as good as people forget about them. Even the Isometric View clear shows how congested the View itself is!!!!!!.
Hope so people don't fall for this trap. when the markets/interest are not in favor of buyers.

Sakthi Velu, Salem

13th September 2013

The project is said to be approved by BMRDA..

Hitesh, Mumbai

25th September 2012

Comment