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Home > Forum > Bangalore > Residential Project Review > Information about Armanza Enclave

Information about Armanza Enclave

Q: Is it a good idea to buy a property in this project? Will I get A Khata for this property?

bangalore real estate
apartments in bangalore
projects in mysore road
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Replies (4)
1
As this is only for investment purpose. I need some feedback about the locality also.
Eshaan Tandon


Mysore property market is developing at a slow and steady pace, witnessing an average appreciation of
5-10% across the city. Both the rental and capital values of apartments have seen a upward trend. New
multi-storey apartments are also being launched in the city.

Mysore is very well connected to Bangalore and proving to be very advantageous for the city. Most of
the multinational companies set up in Bangalore are moving to Mysore to set up their back hand offices.
Shazad Laskar,  Bangalore
22nd April 2014


2
What is the rate per sqft going on and which all banks are tied up with this project? Are they negotiating on the price quoted?
Eshaan Tandon


The current rate per sqft going on is Rs 899 and they are not ready for any kind of negotiation. Banks like Corporation. DHFL, LIC and Indiabulls has approved the project.
Shazad Laskar,  Bangalore
22nd April 2014


3
Thanks Shazad, how much work has been completed and what is the booking amount? Are they going to provide Cauvery water?
Eshaan Tandon


Almost 90% of the work is done and the plots are ready for registrations. They are charging Rs 1 lakh as the booking amount. For the time being Cauvery water is not there in this area but they are installing bore-wells for the water supply.
Shazad Laskar,  Bangalore
22nd April 2014


4
I have also inquired about the project and they are telling that the project have been approved by BMICAPA and they will be giving A Khata. The location is good and if they are providing A Khata then I feel this is definitely a wise idea to buy a property in this project.
Shazad Laskar


5

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