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I agree with you Mr Shahid. Water issue is a big problem in Bangalore. Sometimes we have to depend on water tanker may be for a week or so shelling out extra money from your pockets.
Water issues are across Bangalore and other cities in India, and I am not sure whether BBMP will give those many connections for an apartment. I live in a newly constructed apartment nearby from past two years, so far we din’t got the BBMP connections.
There is a plan to extend this road (road in front of the amethyst apartment) till Whitefield, on the way there are lot of prestigious projects are coming like skylark and Oceanus. The quality of the construction is good, they use River Sand and rests of the parameters are also decent. Undivided share is about 50%, so far I never saw anyone giving a 50% undivided share. Documents are checked by the lawyer, the flat owners will get A khatha for the land and for the project. OC from BBMP. You can check the whole area, there are lot of apartments but the problem is you won’t get any A khatas and OCs. The way I look at it, it is near to my office, 50 % UDShare, Duplexes in the same place (may be have a good resale), construction quality, and don’t have to travel 2 kms for veg, petrol and other groceries. I am particularly not concerned about amenities, but I like the place they kept for children’s play area.
I think, if anyone is planning to buy a flat in that area or working in ITPL, this project is a good investment. When you compare the rates of flat 3-5 KMS from ITPL to Kundanahalli and ITPL to KRPuram, the rate difference is around 500-1000 rupees. As you all know the area in ITPL is expensive and exhausted. The only issue is with the Railway Gate, however the flyover is about to complete. Heard an underpass is about to start once the bridge is completed. I have also visited BBMP website, BBMP is planning to extend and repair roads in Bangalore, and they are around 200 roads. The road from Hoodi to KRpuram thru Devasandra, Ayyappanagar & Road from Hoodi to Battarahalli thru Devasandra, Ayyappanagar is planned for extension. From Ayyappa nagar Arch, Devasandra you can actually got to Whitefield railway station. Don’t even try this road as of now.
I visited Sri Amethyst apartments yesterday which is under construction currently by Sri Srinivasa Developers. The floor plan looks ok to me. The price they quoted is Rs 3200 per sqft which is negotiable and they got approvals from BBMP and A Khata is there. Can some one please let me know if Sri Srinivasa Developers is good to invest in and also Sri Amethyst?
The property to get ready by Dec'2014 as per them, means I can expect it to get ready by Jun'2015 (6 months buffer because no builder says the correct time)!
@ DC Bansal, they have completed only one project so really cannot comment on that. But if you are investing you can go for other project which are coming up in KR Puram.
K R Puram in East Bangalore is stated to be the highest growing areas in coming years. 91% appreciation in property values is forecast by 2017. K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank's report.
K R Puram has witnessed a 200% growth, from 2,000 units in 2007 to 6,000 units in 2012. The real estate market in KR Puram is leading due to many reasons and mainly, being well-connected to arterial roads and vicinity to business clusters.
The project offers 2 and 3 BHK apartments with 5 floors and 20 flats per floor. The project offers amenities like well-planned play areas, lush landscaping and classy clubhouse add to the experience of living in this exclusive enclave. Additionally, the 24/7 professional security enables a sense of security and peace of mind for a lifetime.
The rate per sqft they are quoting is Rs 3200 which they are ready to negotiate. The project is known to be approved by banks like SBI, LIC, ICICI and HDFC. They have also got approvals from BBMP and A Khata is there
I heard that Sri Srinivasa Developers is a leading name in real estate development. They are committed to supreme quality, only the finest materials are used for construction. Another significant aspect is that all its projects provide enormous potential for investments.
Recently, I had a word with the marketing guy and he was telling that the project will get completed by end of 2014. Sri Srinivasa Developers is the builder of the project.