Need your views on Gardenia

Q: why banks like SBI,LIC , HDFC is not funding for this project? Any Reason?

prakash, Apartment Resident

3rd February 2014

Residential Project Review in Confident Gardenia, Sarjapur, Bangalore

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Replies (5)

I have a plot (1500 sq ft)in this project booked during the launch phase.(more than a year back).I have .paid the initial payment 10% or so...now i have moved out of India.If anybody interested to take over or get transfer ,do send me mail. I am not sure how it would work out..But if anybody is interested we can look into the feasibility of the same. My mail id is --- connectonmail@gmail.com

Jacob, Bangalore

14th March 2014

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LIC is agreed to give the Loan for BMRDA plots. But the sales person is not encouraging to go with LIC. He forced me to get loan from only private bank :-(

prakash, Apartment Resident

21st February 2014

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Awaiting Reply

prakash, Apartment Resident

21st February 2014

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Hi Guys,Projects in Bangalore are Approved by BDA or BMRDA or BIAAPA not bbmp ,bbmp is not a approving authority for plots,it can approve construction of buildings in the projects approved by above authorities if it falls in bbmp limits.so just look for BDA/BMRDA/BIAAPA approvals.

shashidhar,

10th February 2014

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Hey Prakash, The project has been approved by BMRDA and not by BBMP. They are not having A Khata for which may be non of the banks you have mentioned are not providing home loan for this project. Only Indiabulls is giving 70% home loan for this project.

James, Bangalore

5th February 2014

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