Lotus by J S Group

Q: Is it a villa project or a villa plot project? Any idea what is the rate per sqft going in this project?

Amreesh Murugan,

19th February 2014

Residential Project Review in JS Lotus Villas, Anekal, Bangalore

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Replies (6)

What is the status of the project I was planning to book an property for investment purpose? How much is the price they are quoting for a villas?

Gagan Goswami, Bangalore

13th March 2015

Comment

The approx cost of Villas (Excluding registration, Vat and Service tax) at The Lotus for
Yellow Lotus starts from Rs.62.32 lacs
Pink Lotus starts from Rs. 63.25 lacs
White Lotus starts from Rs.68.55 lacs
Purple Lotus starts from Rs.69.80 lacs

The project is expected to get completed within 1.5 years from the date of booking.

Lewin G,

13th March 2015

Hi Gagan, Rate per sqft for Villas at The Lotus is Rs. 1,414/- (Plot cost )+ Rs.2250/- sqft (Villa Construction cost). Phase I consists of 164 units, 30% of the venture is purely for individual villas and the remaining 70% for villa plots.

Pranab Malakar,

13th March 2015

I have bought plot in JS lotus, though JS homes completed the registration on May, they haven't transferred khata in my name. Khata is very much needed, without khata, purchaser can't construct house and they can't do any transaction. I am not sure, whether JS homes intentionally delaying khata transfer

Your Name *Sugavaneswara Guptha, Apartment Resident

3rd September 2014

Comment

Hi Sugavaneswara Guptha, try to talk with the builder and if this is not happening then take help from the legal adviser.

Manjunath, Bangalore

11th September 2014

Hi Guys!!! What is the status of Khata????? Khata is very much necessary while applying for any loan form bank and license. Khata includes all the critical details related to property which includes the name of the owners, location of the property, dimension of site etc.

Chittranjan Pillai, Bangalore

30th December 2014

I am thinking of buying a plot in this project. Please provide me some feedback about the builder of the project.

Amreesh Murugan,

19th February 2014

Comment

There is not much information available about the builder over the net. They are having another ongoing project Moham Meridies in JP Nagar. A plot with 1453 sqft will cost you around Rs 21 lakhs.

Lewin G,

19th February 2014

Do not go with this company, my Brother paid 1lakh advance, after 2 months of taking money they did not proceed further and finally gave a bounced check for the money paid.

Amaranath

Bavikati Amaranath,

3rd December 2014

Is Chandrapur Anekal Road good for investment purpose? What are the location advantages?

Amreesh Murugan,

19th February 2014

Comment

I think it is a good option to invest in Chandapura Anekal belt and after few months you can expect appreciation as Phase II of Bangalore Metro has already got Chandapura circle included in the rail network proposed and is expected that Anekal will be included in Phase III.

Location Advantages:

1) Educational Institutions like Alliance University, BTL Institute of Technology, St. Joseph High school are in close proximity

2)Vijaya Nursing Home and Narayana Hrudayalaya are near by

Lewin G,

19th February 2014

HRS Layout has developed very fast as the area is close to ORR, IT companies, Marathahalli and Bannerghatta. But I do not think CA Belt will develop as fast as HSR Layout? Anyways thanks for the reply

Amreesh Murugan,

19th February 2014

Hey Jig, thanks for the reply. Who has approved the project and what is the current status of the same?

Amreesh Murugan,

19th February 2014

Comment

The project has been approved by BMRDA and banks like Axis, Canara, HDFC, ICICI, LIC Housing Finance. The plots are ready for registrations and villas will take 12-14 months to get completed. There will be four types of villas Yellow Lotus, Pink Lotus, Purple Lotus and White Lotus. 164 units will be there in this project.

Jignesh Kumar, Bangalore

19th February 2014

How much percentage of loan I can avail from bank? Where exactly is the project located?

Amreesh Murugan,

19th February 2014

You can avail up to 75% - 80% of total cost of Villa or Plot. The project is located near Electronic City in Chandapura - Anekal Road(Just off Hosur Highway) in Bangalore. Accessible location from all the important locations of Bangalore City

Lewin G,

19th February 2014

Hey Amreesh, Lotus offer both villas and villa plots. The price per sqft of the plot is Rs 1800 and for villas construction they are charging Rs 2250 per sqft.

Jignesh Kumar, Bangalore

19th February 2014

Comment