Has anyone purchased any flats in Venkatdri Palm grove by Hi life ! The project is situated near KR Puram New RTO office near yellama lake ? any feedback about the locality, builder, construction quality , water issues will be appreciated
KR Puram is close to ITPL, Whitefield and the newly announced SEZ coming up which have a positive impact on property prices further. The area has a healthy mix of apartment complex, independent plots and gated communities. The six lane old madras road is almost completed and the Byappanahalli Metro Station has also contributed to the fast development of area. The area is good for investment as well as end use purpose.
Hey Kanishka, You can check the floor plans here and payment schedule is as follows:
1. 20% at the time of sale agreement.
2. 15% after the Two Slabs are completed.
3. 15% after the Structure is completed
4. 20% after completion of the Brick work for said flat.
5. 15% after plastering work for said flat is done
6. 10% after completion of the tiles and painting work for said flat
7. 5% at the time of possession after intimating the builder
There are many projects offering 2 bhk apartments in KR Puram and the name of the projects are Sri Amethyst, LVS Excellency, Antera Ela, Definer Premium, Sai Ram Residency, Pashmina Waterfront, MC Sarovar and many more.
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. K R Puram in East Bangalore is stated to be the highest growing areas in coming years. 91% appreciation in property values is forecast in 2017. K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank's report.
HiLife Developers is the builder of the project. HiLife Developers is one of the leading builders of residential apartments in Bangalore.The company's residential projects include apartments, luxury apartments with amenities such as clubhouse, swimming pool, indoor sports and Gymnasium.
The project has got approval from BBMP and they are giving Occupancy Certificate. You can apply for home loan from banks like SBI, LIC, HDFC and Axis. The project will have 170 apartments with two blocks: A Blocks and B Blocks with G+4 floors.
The project offers 2 and 3 bhk apartments with size ranging from 950 sqft to 1465 sqft. The rate per sqft going on in this project is Rs 2900. The basic price of the apartment ranges from Rs 29.40 lakhs to Rs 41.30 lakhs.
Palm Grove is one of theongoing projects of HiLife Developers in K R Puram, neighborhood of Bangalore. The rate per sqft is Rs 2800 and they are ready for negotiation. The expected possession is by 2014 December.