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Home > Forum > Bangalore > Bellandur > Buying property > Anyone has booked in Vars Parkwood??

Anyone has booked in Vars Parkwood??

Q: Would like to know the advantages /disadvantages from connectivity point of view.
Also the details about the project

Reply

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Bangalore Bellandur Vars Parkwood Buying property Buying property in Bangalore Buying property in Bellandur Buying property in Vars Parkwood
Replies (17)
1
Do you know what the current rate is and if the completion is as scheduled?
Supriya Nambiar


2
Hi all,
Please let me know if the project comes under A katta and all documents are legally verified and good to go? Please let me know the pros and cons that you observe about this project.
Neha Patel


Well Neha,
I have discussed with the developer in their office and I was told by the builder, this property is A Khatta & the clients will get all necessary papers at the time of possession. All seems good except the fact that SBI has not approved the loan which seems to be the case since they haven't signed the agreement with owners yet and that there are so many flats available still available, though the property has been practically out since June 2012.
Monica,  Bangalore
7th July 2014


3
Hi All ,

I have booked a flat in VARS RECENTLY . I would like to connect to all people who booked flat here . Its really nice to be in touch as we will be part of vars parkwood family soon .

we can make a group on emails or on whats app...

mine is email Id is shivendra.upadhyay@gmail.com and number is 8884410711,
shivendra


4
VARS builders ARE CHEATERS!!!
We booked one 2BHK in their on going project and then when we cancelled it due to one of the clause in agreement, which was not suitable to us... they refused to return the booking amount.
After numerous calls, they are now saying that they will return the booking amount only when the mentioned flat will be sold to someone else. This was never mentioned to us. Never verbally or in agreement. We are still waiting for our money back..
BEWARE OF VARS !!!!
saurabh pandey


Glad to inform that all issues has been resolved and we are buying it as a fresh in Vars parwood. Thanks for all the support we got from Mr Krishna reddy and Mr Raj from Vars builders. : )
saurabh, Apartment Resident 
19th July 2014


5
@Saurabh, as per your question here i want to clarify that they are not making you fool....they are registering UDS as well as Flat super built-up area also if you see in schedule A they have mentioned UDS and in schedule B they have mentioned your super built up area.
So they are registering both the things.... May your lawyer has confused in both the things.
Because i have also bought an apartment in Parkwood... My lawyer has given me green signal for sale agreement as well as construction agreement.
so you discuss with other lawyer also..... i have registered my apartment also on same terms and condition.
SK


6
My worry is increasing. Just read the below article.

http://bangalore.citizenmatters.in/articles/be-careful-while-buying-an-under-construction-property
saurabh


7
Hi Supriya and other buyer of Vars Parkwod,

I too was about to buy flat in Vars Parkwood. However as i was about to sign the agreement yesterday, i wanted my lawyer to review the agreement terms and condition. And i am not worried to sign the agreement because of following condition mentioned:
it says that within 15 days of signing the agreement, i will have to go for sale deed registration ( though flat will be ready in Aug'14 only). Also the registration is of UDS only and NOT FOR FLAT. Builder says it is a general practice in Bangalore to register only UDS because registering Flat means more Stamp Duty to be paid by buyer. But my lawyer says they are be-fooling me.
Hence i want to put this point in this form to get clarity from all of you who have already gone for registration.
Awaiting for your reply.
saurabh
saurabh


8
I have recently booked an apartment in VARS Parkwood. This is my third one with VARS. From my experience, the quality of construction is far better compared to a lot of other builders, including the big ones. They deliver on committed deadlines. I have not had any issues with them so far. The promoter is pretty accessible as well.
Supriya Nambiar


Hi Supriya and other buyer of Vars Parkwod,

I too was about to buy flat in Vars Parkwood. However as i was about to sign the agreement yesterday, i wanted my lawyer to review the agreement terms and condition. And i am not worried to sign the agreement because of following condition mentioned:
it says that within 15 days of signing the agreement, i will have to go for sale deed registration ( though flat will be ready in Aug'14 only). Also the registration is of UDS only and NOT FOR FLAT. Builder says it is a general practice in Bangalore to register only UDS because registering Flat means more Stamp Duty to be paid by buyer. But my lawyer says they are be-fooling me.
Hence i want to put this point in this form to get clarity from all of you who have already gone for registration.
Awaiting for your reply.
saurabh
saurabh, Apartment Resident 
8th April 2014


Hi Supriya ,

can you please share your email ID.
shivendra, Apartment Resident 
25th June 2014


you can connect to me at shivendra.upadhyay@gmail.com
shivendra, Apartment Resident 
25th June 2014


9
@Gaurang, currently rate 3900 per sqft and this project approved by HDFC, Axis, ICICI, indiabuls, LIC....
SK


10
@SK, What is the rate per sqft going on in this project and which banks are providing home for the same?
Gaurang


Hey Gaurang, Current they are quoting Rs 3900 per sqft and banks like HDFC, Axis and ICICI has approved the project.
Balaji,  Bangalore
6th March 2014


11
This Project Comes under A Khata, each and every approval is there, i have gone through.....if you have any concern regarding parkwood, any one can mail me.....
SK


12
Is the project comes under A Katta and all the documents are legally verified? What'z the feedback about the builder?
Sai


The company has completed over 40 residential and commercial developments, VARS Builders has a well established footprint in the Bangalore property market and now the company is spreading its wings to other cities as well.
Balaji,  Bangalore
6th March 2014


13
Hello Everybody,

Can anybody please provide the feedback about the project like the documents verification and builder details as I am not in India but like to book the apartment for investment purpose so need your inputs.
Prashant Madagunki


14
I'm one of the buyers in this project. Connectivity was also one of my main criteria & hence I opted for this one. Most of the outer ring road, E-City are accessible easily. My office is in RMZ Ecospace so hardly 4 Kms commute for me.
I haven't heard of any delay in the project...right from the start, the builder maintains July 2014 as the completion date & he is still sticking on to it.


Hi .. Can I have your name and contact details please? Even I'm planning to buy the flat. Appreciate your help.
Sai,  Bangalore
3rd November 2013


Hi Sai ,

I have also booked flat in this project . I would want to conect to you if you can share your number and email ID...

mine connects are here
shivendra.upadhyay@gmail.com
Mob: 8884410711
shivendra, Apartment Resident 
25th June 2014


Hi

I have also booked flat in this project . I would want to conect to you if you can share your number and email ID...

mine connects are here
shivendra.upadhyay@gmail.com
Mob: 8884410711
shivendra, Apartment Resident 
25th June 2014


15
Thanks for the replies.Have you booked flat there and what price? How about the road connectivity.Would like to know from investment point of view how would be the project?
Thanks in advance
aparna


16
Yes you are right there was a delay as they did not get the approvals on time. Other wise the project seems to be good.
Balaji


17
Is that true that there is a delay in possession ?
Dushyant


18

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