Hi Manjunath, both OC and CC is required and important.
If the developer has not been awarded a certificate of completion, buyers can either approach the local municipal authorities to award the completion certificate or can form a resident’s welfare association to speed up the process. In case new properties operate without completion certificates, residents are threatened to be evicted and the city engineering department will penalize the properties for not paying property tax.
The price of the apartment starts from Rs 22 lakhs. Vistar Constructions is a construction and real estate development company specializing in construction of flats, offices, shops and showrooms in Bangalore.
I guess one should not invest in this property, this builder has also invested in GR QUEENS property in begur road, and residents are facing a lot of problem with regards to electricty, amenities. moreover the project is not yet finshed, it has already been delayed by 2 years. please be assured that you dont fall in the trap, there are better builders banerghatta road.
Hi Shawn, Can you please explain what is the reason that the builder has not completed the project yet? Provide me names of some good builders in Banerghatta Road as I am thinking of booking a property for investment purpose.
Hi Gaurang, Some of the ongoing project in Bannerghatta Road are as follows SNR Windmill, Sumukha Sankalpa, Estrella Terraces, TG Aspire, Axis Ciano, TGS Johannesburg and Gunina Linda.
Bannerghatta Road is witnessing rise in residential and commercial real estate. Many real estate developers invested their money in the locality. There was a rise in the sale of property in the locality which has led to a rise in average capital values along the stretch. The real estate is slowly growing in this locality so if you are planning to invest in this locality invest now you can expect appreciation only after 3-4 years.
The residents belonging to Bannerghatta Road and Bilekahalli stretch are facing water woes. People staying in the apartments are spending thousands of rupees for water supply on daily basis. To meet the daily need of water, residents are forced to resort to either bore wells or the Gottigere lake. While some blocks have their own water treatment plant, concerns have been raised about the poor quality of water that is pumped out of bore wells.
IT parks and shopping and entertainment centres are the chief growth prospects for Bannerghatta Road. With the rise in residential and commercial properties, the locality looks set to be one of the major hot spots in the city of Bengaluru.
Phase II of the Metro from Gottigere, passing through IIMB and reaching Nagawara will reduce travel time for people commuting from Bannerghatta Road to the north of Bengaluru. Phase II will also connect Bangalore's outskirts with the centre of the city's business districts. The much awaited road widening project will ease a lot of traffic congestion as the road will be widened from 45 feet to 150 feet. These are some of the major projects that will drive the growth in this region.
Yes there are going to give both A Khata and Cauvery water connection. The highlights of the project are: 100 % Vastu compliant Trendy architecture Close Proximity to IT corridor Reputed schools in the close vicinity Close to BMTC bus stop No Common Walls
Vistar Classic is one of the ongoing project by Vistar Builders & Developers. The expected completion date is by end of 2015. The project offers 1,2 and 3 bhk apartments with size ranging from 553 sqft to 1450 sqft.
The project is known to be approved by BBMP, and banks like SBI, LIC, Axis and HDFC. Vistar Classic offers all the amenities like Senior citizen lounge, Rain water harvesting, Party Hall/Club house, Shuttle court, Jogging Track, swimming pool etc.