Both the projects are good and both the projects will get completed by end of 2014. The price per sqft they are quoting is the same and both the projects are approved by BBMP.
As per my knowledge KR Puram has recorded an upward trend in property prices. Earlier the place was constituted of broken paths, debris and bumpy roads but now the area has been transformed and the infrastructure is way better than before. Property owners who have bought land before 2011 have profited immensely now. KR Puram is located on the National Highway 75. The Baiyappanahalli metro station is just 3km away. The proposed Peripheral Ring Road and widening of the Old Madras Road will also improve connectivity which is increase the demand.
I am planning to buy an apartment in this project. Which are the banks I can go for home loans? Has the project got approval from the local body? When is the project getting completed.
As far as I know you can take loans from banks like SBI and Axis. The project has got approval from BBMP also. The expected possession date is by end of 2014.
The rate per sqft they are quoting is Rs 2899 and the rates are slightly negotiable. The size of 2 BHK ranges from 915 sqft to 1215 sqft.. The price for 2 bhk apartment will cost you around Rs 33 lakhs including amenities and car parking and excluding Registration and VAT.