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Need feedback on Vanshee builder

Q: Hi,I have visited "Vanshee builder" current ongoing project near to Marathahalli bridge, opposite to Kalamandir.. can somebody have information about this builder and their quality of construction and any other information that would be helpful? Current ongoing project name: Vanshee citadel G+3 and total 40 units and all are 2 BHK units onlyOnce again, requesting for reviews on this builder. Thanks in advance, rao
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Replies (9)
1
I am also planning to buy a flat in Vanshee Citadel. However, basic cost they are quoting is Rs 4,500 per sq. feet. Is that correct market price? We asked them to give price as Rs 3,500 per sq. feet. But they are asking to book with advance first and not confirming with the price. Please advise.
narayanan


I am planning to book flat in Vanshee Citadel. I would like to discuss few points with you.
28th January 2014


2
I'm planning to buy a flat in Vanshee Citadel. Can any of you who are past or present client of this builder give honest opinion about this builder. I'm looking for a decent place to stay & I'll be investing my hard earned money. And just want to ensure that I should not get into trouble after buying the apartment. Thanks in advance.
Vinay


Hi Vinay

I am planning to book flat in Vanshee Citadel. I would like to discuss few points with you before proceeding.
28th January 2014


3
Thanks Shyam for valuable inputs,much appreciated for sharing the facts.I had doubt on this builder as the construction of current on going project progress is very slow,not sure-whats happening all about.?Finally i booked one in thubarahalli(Adhunik builders)
Venu Gopal Chedella


4
I also interested in this project. But I visited their last projects (Solitaire near railway bridge and Viceroy apartments on tulasi road) and heard very worrying things (legal isues,plan changes, no-khatha even now, huge delays) . Not sure how true. Request you also to visit these projects and post what you hear. Will decide based on that.
Gaurav


Gaurav,khatha is not issued by the bbmp for the last 5 years.if SBI approves then i assume legally we are OK.Delays to some extent are acceptable but we can ask them to pay some amount if it prolongs longer.Let me check also with other projects executed by them.
Sankar R , Apartment Resident 
23rd January 2013


Hello Sankar, many apartment including where I stay on rent have got A Khatha in lasy 1 year as long as papers are in place. I cant find any projects by this builder launched or delivered since 3 years. After my second visit , I have decided to not to take any chances. You can do yur check before proceeding.
Gaurav,  Bangalore
25th January 2013


Hi Gaurav,

I am planning to book flat in Vanshee Citadel. I would like to discuss few points with you before proceeding.
28th January 2014


5
Thanks Sachin for your feedback.

Are you going ahead with the booking?

Thanks
Gopal
Anusha Baliga


I have already given them the booking amount and it is refundable. Before making any further payments, I am planning to visit some of their already completed projects. Also, I am planning to get all the documents verified by a lawyer to be on the safe side. Have you made a decision regarding the flat?
Sachin A, Apartment Resident 
31st December 2012


I haven't made any decision yet. On the first meeting the builder said he already has Katha but next time he says he is yet to get it. Let us know your findings after document verification.
2nd January 2013


Sachin
did you get a chance with the lawyer for document verification.I am also interested to buy an apartment in citadel project.
Sankar
Sankar,  
13th January 2013


Even I visited the site. Looks good. Only worry is the legal side and the promised date of completion. They seem to have got lic approval.
Glen, Apartment Resident 
17th January 2013


glen
I spoke to their LIC agent and it looks like it is officially approved but they need to verify the original documents before loan disbursal happens.Might take another 2-3 weeks to know the clear status.also i checked with SBI and documents have been submitted for verification.These guys pledged the original document in HDFC and lot of cooperation needed between other banks to verify the same.But it is the responsiblity of the builder to get apprvals from nationalised banks.I have blocked one flat today and may proceed only if it is approved by SBI.
Sankar R , Apartment Resident 
18th January 2013


6
Hi, Even I am also planning to book a flat there. But, I am really doubtful about the documents and all. And it seems they have just applied for A Khata from BBMP and they told me that they will get it in three months. Also, they were in a hurry for the booking amount. Would appreciate more information from anyone.
Sachin A


Hi Sachin

I am planning to book flat in Vanshee Citadel. I would like to discuss few points with you before proceeding.
28th January 2014


7
Hi Venu Gopal,

I am also planning to buy a flat there but did not visit the site so far.

How do you feel the quality of construction so far?

At present only HDFC and Karnataka Banks are only approving the loans for this. Any idea why is that so? If I want to take loan from LIC or SBI will I get the approval? Are the property documents fine?

Please help.

Thanks
Gopal
gopal baliga


Hi Venu Gopal,

I am planning to book flat in Vanshee Citadel. I would like to discuss few points with you before proceeding.
28th January 2014


8
Thanks Neha Patel for your prompt response

Anybody else comments? Anybody in this forum invested already in Vamnshee builder projects?Appreciate your feedback

Thanks in adavnce
Venu Gopal Chedella


9
Hi Mr. Cheddela, Vanshee group is a good builder.. This builder has completed many projects in other cities also.. Rich Fields, Viceroy Boulevard, Port View and few more projects are developed by Vanshee.. try to visit a couple of their completed projects for better analysis..
Neha Patel


10

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