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Has anyone booked any flat in Shravanthi Paramount, Bangalore

Q: Did anyone book a flat in Shrvanthi Paramount? Is this approved by SBI ? any inputs on this project would be appreciated. Also let me know what was the final sqft price you negotiated for
Replies (16)
1
The project offers 2 and 3 bhk apartments. What are the sizes of the apartments? What about the proximity?
arjun kumar


The size of 2 bhk apartment ranges from 1054 sqft to 1280 sqft. The size of 3 bhk apartment ranges from 1412 sqft to 1555 sqft.

Proximity:-

1) Dairy Circle: 8 kms
2) ORR: 4 kms
3) Bannerghatta Main Road: 2 kms
4) Honey Well: 3 kms
5) Appolo & Fortis Hospital: 2 kms
6) IIMB& HSBC: 2kms
7) Electronic City: 7 kms
8) Royal Meenakshi mall: 3kms
Bhaskaran,  Bangalore
30th April 2015


2
Hi George Mathews/,
Did The got the "sales deed,mother deed,building approval plan,CC,A-Khata,EC,Betterment changes recipt ,powe of attorney,latest tax recipt,completion certificate,occupancy certificate" got verified and are these clear when you did the agreement.can u please let me know if any of this info got verified and these are clear.Need some feedback about the locality also and are u aware if sbi has approved the sharavanthi paramount.
Bhaskaran, Nimit Tiwary,HIREN,George Mathews ..if anyone has this info please update on same.or please send mail to vivek.rkl.97@gmail.com
-Vivek,Bangalore
vivek


I got a third party to review the documents and I got a loan cleared from LIC. This is a good indication that all is good. There are no deviation in the land documents and construction. There is a minor deviation in the apartment construction. Overall papers are all in place and the builder themselves are not new in the market. Just make sure u negotiate well with them as they initially start with a very high asking price. But keep in mind that the prices they quote are very negotiable.
George Mathews, Apartment Resident 
26th April 2015


Hi george, Is this A Khata property and has the project got approvals from BBMP?
arjun kumar,  Bangalore
30th April 2015


As far as I know the project has got approvals from BBMP and all the leading banks. About A Khata not sure.
Bhaskaran,  Bangalore
30th April 2015


Land is A khata apartment is b khata
George Mathews, Apartment Resident 
2nd May 2015


Hi George, I hope i wont face any problem while applying for a home loan. Can I get a loan from SBI?
prabeer.p,  Bangalore
26th May 2015


I myself have taken loan from LIC. No problems there. However, please bargain with the builders on the price. I feel i overpaid.
George Mathews, Apartment Resident 
28th July 2015


Hey George, Do you think the builder is going to negotiate? How much is the current rate per sqft going on?
arjun kumar,  Bangalore
6th August 2015


3
Has anyone personally verified the property papers (Commencement Certificate, A Khata, etc.) with their lawyer? If we plan to buy, will this be a good location for investment and what do you guys think about the appreciation?

Nimit
Nimit Tiwary


Begur has been developing continuously and so does the sectors. The development of the region is directly proportional to the uplift in the markets and any sector for that particular region. The Real Estate is also upgrading along with all the other sectors. It is a good choice to develop investment plan to invest in the region.
Bhaskaran,  Bangalore
24th February 2015


4
Has anyone asked/received CC/OC certificates from them. Is this plan A khata as claimed by them. Pls reply as wanted to invest.
regards
HIREN
Hiren


I have bought an apartment here... they too told me that it is A Khata, but I have not verified. But my experience with them has been quite good. I dont see a reason for them to lie about the A Khata. The project is still under construction (all floors are done, tiling and painting is left) so OC will not be available now.
George Mathews, Apartment Resident 
14th January 2015


Hey George, As you have booked an apartment in this project can you help me with the construction quality and which all banks have approved the project....
Nagesh,  Bangalore
20th January 2015


The project has been approved by banks like LIC, HDFC, Axis, Indiabulls and ICICI. The group have successfully completed about 60 projects covering a constructed area of 2 million sq.ft in Bangalore. All the completed projects are located in prime residential locations in south and south western residential locations of Bangalore city with close proximity to IT Tech Parks and Educational Institutions. Shravanthi group has earned a brand name for its quality and affordability
Sree Potamal,  Bangalore
11th February 2015


I think location wise it is good. It is 2 KMs away from Vijay Bank colony which is a prime location. It is 4Km from HSBC and IIM Junction on Bannerghata road. It is 4 KM from Bommanahalli Signal (shortcut). There is a massive 2000 Apartment DLF Newtown just 500 meters from the apartment. I am hoping this would improve the conditions nearby. Shravanthi is not surrounded by any other apartments. Neither are there any scope for the same. But please be advised that South Bangalore is a very crowded area. I fear the day DLF Newtown gets occupied and the Traffic increases 100 folds!
George Mathews, Apartment Resident 
21st February 2015


Also, this is a budget apartment project. So dont expect luxurious quality fittings. The painting, tiles fittings etc will all be average. When I asked them what toilet fittings will they use they said we will gaurentee ISI branded ones. I did not mind because I feel the price they quote is quite competitive.
George Mathews, Apartment Resident 
21st February 2015


sales guys claim that they get A kahata and few tell that we are not sure if we get because they admit that they are few deviations in construction.
Mallikarjuna Rao,  Bangalore
15th May 2015


Hi Mallikarjuna, This is really confusing. From or how can we clarify the matter whether is it A Khata property or not
Dilip Joshi,  Bangalore
24th June 2015


5
Hi Dilip. .have replied
Girish KB


6
Hi Girish,

Could you please send a test mail from to this id joshdilip@gmail.com.

will be waiting for your response.

Thanks,
Dilip
Dilip


7
Ok Girish, would you mind sharing your personal mail id with me? So that i can get in touch with you for some more details and it would be really help full for me.
Dilip


Mahi garg
@Dilip, 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
29th April 2014


8
Hi Dilip. .yes I have
Girish KB


9
Ok Girish. Thanks for the quick response.

Have you booked the flat ?
Dilip


10
Hi Girish,

Thanks for the response. Have you booked the flat at Shravanthi Paramount project.
Let me know if you also verified Commencement Certificate(CC) and Occupancy Certificate of the same project.

Thanks,
Dilip
Dilip


Hi Dilip,
Yes I have checked. They do have commencement certificate. OC would be provided once construction is over & the builders would have to approach Bbmp saying the building is ready to occupy
20th April 2014


11
SBI lawyers have approved the property. Have seen the same n plan to book this week.
Girish KB


12
Hi,

1. Has SBI approved the Shravanthi Paramount project ?
2. Whether their legal documents are clear ?
Dilip


13
Hi, I have been to the site yesterday and have felt position about booking a flat. Is there anyone who has already booked n applied for loan. Wanted to know if their documents r clear as claimed by the sales team
Girish KB


14
Hey thanks man. How is the payment structure in this project? Need some feedback about the locality also.
Somesh Venkatesh


I am also planning to book a 2 bhk apartment in this project. The payment structure is as follows:
1) Booking Amount 50,000 /- for 2 Bhk and 1,00,000/- for 3BHK
2) At the time of Agreement 20%
3) At time of Foundation 10%
4) At the time1st Roof slab 10%
5) 2nd Roof slab 10%
6) 3rd Roof slab 10%
7) 4th Roof slab 10%
8) 5th Roof slab 10%
9) At the time of walls and Plastering 10%
10) At time of flooring 5%
11) On Possession 5%
Darshan Shetty,  Bangalore
14th March 2014


Begur road, stationed at the south-east of Bangalore, has again gained the limelight by offering a slew of affordable enclaves, overlooking the input costs.

The concept of affordable housing has taken off in a big way in Begur road, increasing the number of footfalls in the region.

Begur road, has been vomuched for significant growth in high-end and mid-segment units that has mushroomed in the area.

In the present scenario, when the property prices in the country are zooming at a high speed
Bhaskaran,  Bangalore
14th March 2014


15
When is the project getting completed and has the project got approval from BBMP? How many apartments are coming up in this project?
Somesh Venkatesh


Hey I have seen the project and they are planning to give the possession by 2015 and there will be 160 independent flats with three sides ventilation and no common walls. The project has been approved by BBMP.
Bhaskaran,  Bangalore
14th March 2014


16
Hi Asha, The project has been approved by banks like LIC, HDFC, Axis, Indiabulls and ICICI. The rate per sqft they are quoting is Rs 3200 and the rate is slightly negotiable.
Bhaskaran


How much is the current rate per sqft going on in this project? Did they increase the rate per sqft in this project?
Navin Verma,  Bangalore
11th February 2015


Yes the rate per sqft have increased a bit. Currently the rate per sqft going on is Rs 3400 :) :) The price of the apartment ranges from Rs 36 lakhs to Rs 53 lakhs.
Sagar Prasad,  Bangalore
11th February 2015


17

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