Aswani Aaeesha review

Q: When is the project getting completed? Did they increase the price per sqft?

Mangal P, Bangalore

10th November 2013

Residential Project Review in Aswani Aaeesha, Electronic City Phase II, Bangalore

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Replies (6)

What is the status of the project and what is the total number of flats coming up here? How much is the total land area?

Diwakar Shetty,

24th August 2016

Comment

There will be 288 numbers of 2 bhk and 128 numbers of 3 bhk apartments spread over a plot area of 1,66,617 sqft.

Wing A will be completed by March 2017 and Wing B is already completed.

Lakshya, Bangalore

24th August 2016

Hello Everyone, What is the rate per sqft they are quoting currently? Please share the floor plans and other information about the project

Balaji, Bangalore

31st July 2014

Comment

The rate per sqft they are quoting right now is Rs 3500 and you can check all the details about the project by clicking on this link Aswani Aaeesha

Lakshya, Bangalore

31st July 2014

Any idea what is the price trends going on in Electronic City?

Chittranjan Pillai, Bangalore

29th January 2014

Comment

In the July-Sep quarter of 2013, the locality price depreciated to Rs 4440 per sq. ft. and In the Oct-Dec quarter of 2013, the locality price appreciated to Rs 4520 per sq. ft.

Chetan Hansraj, Bangalore

29th January 2014

How is Electronic City for livability as well as for investment purpose?

Saran,

10th November 2013

Comment

It all depends upon ur budget. If u have 45 lakh u can have 2bkh at elec phase 1 but the same cost u can afford 3 bhk at phase 2. 75% of IT guys stays at phase 1, so u can get rent good rent. Roads, street lights, shops are + point in electronic city. Ananthnagar is a developing area(we may see good appreciation) only after 2 or 3 yrs but in electronic city appreciation is dwelling high on every quarter.

Vinu S,

10th November 2013

If you are looking for a short term invest I would advice you invest in EC Phase I as the area is already developed and all big and branded builder like Ajmera, Concorde etc already have their presence in Phase I. But if you are looking for a long term investment you can consider EC Phase 2 as this area will take time for development and till now no reputed builders have come up with their project. EC Phase II is getting developed slowly and the real estate is also booming. Once the proposed PRR gets functional you can expect a good return from Phase II. :) :)

Chetan Hansraj, Bangalore

10th November 2013

Hey Amreesh, Do you have any other information about the project as I am in the verge of booking a 2 bhk apartment?

Mangal P, Bangalore

10th November 2013

Comment

As far as I know the project is spread over 4 acres of land and it will have 416 apartments with G+3 floors structures. A 2bhk apartment will cost you around Rs 21.77 lakhs including registration.

Amreesh Murugan,

10th November 2013

How is Aswani Properties as a builder? What are their other projects?

Mangal P, Bangalore

10th November 2013

Aswani Properties is one of the very good builder in real estate industry. They have completed two projects in Bangalore and Hosur and two of them are under construction.

Amreesh Murugan,

10th November 2013

Hi Mangal, Till now the builder has completed only one project and the other project is under construction. The construction of the project started around 2.5 years back but not yet completed.

Only HDFC bank has approved the project. They builder is not ready to give the land owner family tree and the documents are also not proper

Lakshya, Bangalore

30th December 2013

The estimated possession of the project is by March 2015. The launching price was Rs 2900 per sqft and now it is Rs 3500 per sqft.

Amreesh Murugan,

10th November 2013

Comment

What are the types of configuration Aswani Aaeesha is offering? As far as I know the project is approved by BDA so will there be any problem in taking home loans and all.

Mangal P, Bangalore

10th November 2013

The project offers affordable 2 and 3 bhk apartments. No I do not think there will be any problem taking home loan for this project. the project is known to be approved by HDFC and Axis bank only

Amreesh Murugan,

10th November 2013

I heard that LIC Housing Finance has also approve the project. Please let me know.

Chittranjan Pillai, Bangalore

29th January 2014

@Chittranjan, LIC is not giving any home loan for this project. Only HDFC and Axis is offering 80 percent home loan for Aswani Aaeesha.

Amreesh Murugan,

30th January 2014

HI I'm interested in this project, but a bit concerned about the smelly lake and dump yard in the locality. Don`t know the quality of groundwater. Should I be worried about these factors??

Mithun R,

1st April 2014

The project seems to be 2kms from Electronic City phase 2. But the area is not developed except the SJR fiesta nearby. The major concern is the dumpyard, graveyard near the small waterbody. The area on the whole looks like a slum and highly polluted.

Mithun R,

2nd April 2014

@Mithun, There are many projects coming up in Electronic City. You can book a property in any other project, if you want.

Manjunath, Bangalore

31st July 2014