Anish Palms in Hoskote

Q: I am planning to buy a property in Anish Palms. Can anyone tell me how is the location of end use?

Mritunjoy Deb,

6th November 2013

Residential Project Review in Anish Palms, Hoskote, Bangalore

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Replies (14)

Please watch out the projects by Anish projects developers, you can go thru https://amodasprings.wordpress.com/ before you decide. Please also share this review with your known groups so that they can take right decision at right time.

Sikandar CH, Apartment Resident

30th March 2017

Comment

This part of bangalore is developing rapidly due to connectivity and various development schemes announced by the government. Right time to invest. Go with it.

Jhon Sana,

11th September 2015

Comment

Hi Jhon Sana, What do you think, investing in Hoskote will fetch me good appreciation after 4 to 5 years of span?

Mritunjoy Deb,

15th September 2015

India Bulls approves the loan for even unreleased sites from BMRDA. There are people who got loans for Amoda Springs project which is unreleased, registered in sub-register office and signed by land lord N H Bhaskar Reddy.

Sikandar CH, Apartment Resident

12th May 2015

Comment

Hi Sikandar, Can I avail home loan from banks like HDFC or SBI for this project?

Manjunath, Bangalore

25th May 2015

It seems Central Bank of India and India bulls have approved the project.

Neeraj Rao,

15th September 2015

Sikandar CH, Apartment Resident

30th March 2017

Vistors & Investors,

Please cross check with the builders before booking

All looks colorful until you are trapped by paying the booking amount. After that film starts with a pain in the wrong place. More story and fact is here.. please go through the blog and then take a decision to invest in this property.

Chandan, Apartment Resident

13th March 2015

Comment

Hi Chandan, Have you booked an apartment in any of their project? I have not seen the project but was planning to visit the site and book an apartment in this project for investment purpose. Please help.

Dilip Joshi, Bangalore

18th March 2015

Sikandar CH, Apartment Resident

30th March 2017

In continuation of previous post, Two things can happen.

1. Approving authority can take back these unapproved plots and auction them as per rules. So you lose chance to claim anything here.
2. Seller can resell them after few years again as your registration illegal.

I am one of the victims who has fallen into this trap. After months of follow up, they have categorically declined to either refund or completely develop. In short they said "Send me a notice and do what ever you can". This means, they are prepared for all legal consequnces and have least respect to indian judiciary.

Unfortunately as common man only have to take long legal battle. They will drag this forever and you feel disgusted with it. Sorry guys, this where you end up.

In case you need more details, drop a mail i will give all details including sales agreement, legal notices and etc...

Balaji, Apartment Resident

21st February 2015

Comment

Sikandar CH, Apartment Resident

30th March 2017

Take enough care while investing in any project started by "Anish projects". This is held by Bhaskar Reddy, Prasad Reddy and Sarab Reddy. Their modus of operandi is very simple, they will lure you with prices little less than market price and make you sign up for plot.

Typically, BMRDA/BIAPPA authority will not release plots to sell in market. They retain 40 - 50% until development is complete as per the rules. These people will 40 - 50 % of required development with substandad material. Later they will drop the ball and stop development.

There you go.. You are stuck for ever. They will neither give you advance that you hae paid nor let you register the plot. Only way you can get to register is illegally un approved plots. If you happen to do so, darn thing. All your hard earned money is stuck. Neither you can sell it nor do anything. As its illegally registered (B-Katha), 2 things happen.

Balaji, Apartment Resident

21st February 2015

Comment

Sikandar CH, Apartment Resident

30th March 2017

Each Plot gets the following things:

1) Over Head Water Tank
2) Under Ground Electricity
3) Landscaping
4) Children Play Area
5) Senior Citizen Park and
6) Sewage Treatment Plant.

Dharmesh Shukla, Bangalore

12th December 2014

Comment

Same commitment was made for Amoda Project for me in 2013 March from the same group of builders. Till now there is now electrification and sites are still in unreleased state. But are being sold to other customers for which E-Khata cannot be issued by Gramapanchayath until sites are the released from BMRDA authority. Release of sites are pending from past 1.8 yrs and people are getting misguided

Sikandar CH, Apartment Resident

13th December 2014

What are the amenities each plot is going to get?

Promit C, Bangalore

12th December 2014

Comment

Hi, I am planning to invest in Anish Calieda (Near Malur). Any feedback about this project and developer in specific. Thery are quoting 1200.00 INR/SQFT. Are papers clean?

Vamshi, Bangalore

Vamshi, Bangalore

30th November 2014

Comment

The project has been approved by MPA and banks like ICICI, Axis, PNB and India bulls are providing home loan for this project.

Vasanth,

2nd December 2014

You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.

Mahi garg, Bangalore

2nd December 2014

Group of companies managed by N.H.Bhaskar Reddy: ANISH PROJECTS DEVELOPERS (I) Pvt Ltd, KENT PROJECTS Pvt Ltd
Last year, March 2013 I went with an agreement to buy the Amoda property with initial 25% booking on the property in Bangalore near Chandapura. Till now its not released and they are pressuring to go for registration or pay 50% amount
Will customer who buys plot/villa in these projects end-up like me still waiting for more than year to get it released?

Sikandar CH, Apartment Resident

3rd August 2014

Comment

I got to know that since the price have gone higher they have strategy to take back and sell at current price. When asked for refund they will be giving back the amount whatever we had given without paying any extra amount.

They are earning profit with customer amount and this is not the first time and earlier properties were also had similar issues ! not sure. Aishwarya properties V. Bhaskar Reddy and B.H Bhaskar Reddy are the same?

Sikandar CH, Apartment Resident

3rd August 2014

Hello Sikandar, Thanks for sharing it here. It will help the people who are planning to buy a property in this project.

Parag Shukla, Bangalore

21st August 2014

Can anyone tell me whom to contact for financing options from IndiaBulls for Anish Palms

Shoib, Bangalore

8th February 2014

Comment

All looks colorful until you are trapped by paying the booking amount. After that film starts with a pain in the wrong place. More story and fact is here.. please go through the blog and then take a decision to invest in this property.

Chandan, Apartment Resident

13th March 2015

Hi Balaji, Have you booked an property in this project? Any idea about amenities and bank approvals?

Mritunjoy Deb,

7th November 2013

Comment

I wanted to book a property but properties are available only for resale and I do not want to go for resale. The project has got approvals from Central Bank of India, India bulls, Axis and BMRDA.

Balaji, Bangalore

7th November 2013

How is the reputation of the builder as I have not heard about this builder before?

Mritunjoy Deb,

7th November 2013

I think they are new in real estate industry as I have not seen any other completed project by them. Anish Palms is their first completed project in Bangalore and Anish Smartcity is one of their ongoing project in Kolar.

Balaji, Bangalore

7th November 2013

Hi Balaji, It was told to me that the project is only approved by Central Bank. Are you sure Axis and India bulls are providing home loan for this project

Neeraj Rao,

22nd April 2015

Sikandar CH, Apartment Resident

12th May 2015

Sikandar CH, Apartment Resident

30th March 2017

Is the project ready to move in? What is the price of the residential plots in Anish Palms?

Mritunjoy Deb,

7th November 2013

Comment

Hey Mritunjoy, the project is ready to move in and if you are planning to buy a property in Anish Palms you will only get resale properties. The price of the property ranges from Rs 11.98 lakhs to Rs 23.97 lakhs.

Balaji, Bangalore

7th November 2013

Hi,
ANish Builders has contacted me for their new property. Wanted to check with all of you, what has been your experience with this builder? Do we have clean paers and transactions or any issues?
Vijay

Vijay Chandra, Apartment Resident

9th November 2014

Hi Vijay, What is the name of the project and where is the project coming up in Bangalore?

Harsha Mahipal , Bangalore

27th November 2014

Sikandar CH, Apartment Resident

30th March 2017

Bangalore is one of the fastest growing cities in India and several new developments are happening in the city. Neo Bangalore is one of new developments coming up in Hoskote, Bangalore. The proposed Satellite Township Ring Road (STRR) covering 284 km will connect Hoskote with important satellite towns around Bangalore. The Intermediate Ring Road (IRR) covering 188 km, also connects Hoskote to the rest of Bangalore. The property price in this area has increased because of the tremendous growth experienced in the last three years. The year-on-year increase of prices is said to be about 30%.

The government of Karnataka is having great plans for the area which includes an exclusively designed Special Economic Zone, SEZ, for electronics hardware and IT at Bagur. The Aero IT SEZ is already under development at Budigere and promises to create employment for almost 98,000 people

Dharmesh Shukla, Bangalore

7th November 2013

Comment

Hoskote aka Neo Bangalore is witnessing high real estate activity. The land prices increased by 80 percent in this area. The area is located on the Bangalore-Chennai highway NH 4 which comes under the limits of the main city.

The land value in this area has seen almost 80 percent of appreciation in the last one year. The plots that were sold earlier at Rs 1,000 per sq ft a year ago now they are available for Rs 1,800 per sq ft. The infrastructure initiatives have impacted the real estate values in the locality.

Nagesh, Bangalore

7th November 2013