Details about Riva Residences

Q: I am looking for some more information about the project Riva Residences.

Vaibhav Bhatnagar, Bangalore

22nd May 2013

Residential Project Review in Tata Riva, Tumkur Road, Bangalore

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Replies (6)

I am also planning to invest in Tumkur road. Can anyone tell me how is Tumkur road for investment purpose and how is the connectivity?

Gairik Deb, Bangalore

8th January 2014

Comment

Tumkur road was considered as a village in the outskirts of Bangalore but now due to rapid growth in real estate sector it has transformed into a part of the city. I would suggest you to go for plots rather than residential flats. BMRDA offers approved plots in the price range of Rs 200-1600 per sq ft, where as flats are offered in the price bracket Rs 4300- Rs 4600 per sq ft. So going for plots is the most feasible option.

The connectivity is very good...also Tumkur Road is a part of NH-4, it has very good access to public transport. The frequency of buses is also pretty high on this road. Also one can get buses from this stretch to other cities of Karnataka including Chitradurga, Davanagere, Hubli, Dharwad, etc. Nearest metro stations are Jalahalli Metro Station and Nagasandra Metro Station within a radius of 5.4 km

Balwinder Singh,

8th January 2014

According to property advisory firm Jones Lang LaSalle India, there are currently around 30 projects for senior citizens in India, and 30 more in the pipeline.

vin, Bangalore

23rd May 2013

Comment

The rising demand of retirement homes has provided opportunity to real estate developers to address housing needs of elderly people. They are launching projects exclusively for senior citizens which can suit every pocket. Retirement home come in a price range of Rs 25 lakh to Rs 1 crore depending upon the location, size and facilities provided. Builders offer studio apartments, 1-3 bhk, villas and cottages.

Mithilesh Roy, Bangalore

6th August 2013

Ashiana Utsav Retirement Resort (Bhiwadi), Athashri (Pune), Brindavan Hill View (Coimbatore), Serene Covai Properties (Coimbatore, Pondicherry, Chennai, Mysore & Hyderabad), Dignity Lifestyle (Mumbai), Golden Nest(Pune) etc. Retirement homes have proved beneficial for both developers and investors.It is a win- win situation for both parties.

Yogendra, Bangalore

6th August 2013

How many senior citizen projects are coming up in India?

Manjunath, Bangalore

23rd May 2013

Comment

The project is designed for well-educated, meritocratic and progressive audience who is conscious about its post-retirement plans and connects with the idea of wellness and an active post-retirement lifestyle.

Milind, Bangalore

22nd May 2013

Comment

What are the amenities offered in this project?

Bhaskaran, Bangalore

6th August 2013

Riva Residences will be a landmark residential development comprising premium residences, 10,000sqft of exclusive clubhouse, 24-hour wellness centre, dining halls with running kitchens, indoor pools, massage centres, multi-purpose lounges, anti skid tills and a an on-site recreational therapist.

Milind, Bangalore

6th August 2013

Which are the banks offering home loan for this project and what is the status of the project?

Gairik Deb, Bangalore

8th January 2014

The project is known to be approved by banks like HDFC, LIC housing Finance and Axis bank. BBMP has also approved the project. The expected possession of the project is by December 2015.

Milind, Bangalore

8th January 2014

Riva Residences is the first senior living project By Tata in India. The 4.5 acre project, placed within a larger 25-acre township, will sell both one and two bedroom apartments.

Yogendra, Bangalore

22nd May 2013

Comment

How much is the per sqft rate? Is there any elegibility for buying a flat in this project?

Bhaskaran, Bangalore

6th August 2013

The price per sqft is around Rs 3949. The occupant of the flat have to be more than 55 years.

Bhargav Dev, Bangalore

6th August 2013

I am looking for an apartment for my parents in Tata Riva. What is rate per square feet going on in this project?

Gairik Deb, Bangalore

8th January 2014

They have increased the price per sqft from Rs 3949 to Rs 5625. So the basic selling price of a 1 bhk apartment will cost you around Rs 44 lakhs and 2 bhk will be around Rs 66.76 lakhs approximately

Bhargav Dev, Bangalore

8th January 2014

Riva Residences by Tata Housing is a project with a large integrated residential complex for senior living in Bangalore.

Bhargav Dev, Bangalore

22nd May 2013

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