The price of apartments in this project starts from Rs 32 lakhs on wards. Mahaghar Properties has earned a matchless reputation in the real estate domain. The company boasts a wide portfolio of properties such as residential apartments and independent houses in plush colonies of Mysore and Bangalore. They are famous for it's quality construction and timely delivery of the projects
It is my sincere advice not to go with this builder. I have taken a flat in Kings and Queen Apartment from Mahaghar Properties. The Builder has absolutely no experience in building quality. There are multiple consumer complaints on going against the builder by the flat owners. You will go through nightmares with the builders. There are multiple reviews against the builder.
The project is located at Vajarahalli, Off Kanakpura Road, Near Holiday Village Resort, Bangalore. There will a total 100 units with a combination of 2 and 3 bhks and two blocks. Block A consists of 48 units of 3 bedroom apartments with 12 units each floor. Block B will have 52 units of both 2 and 3 bedrooms.
The area of apartments in this project ranges from 850 sqft to 1535 sqft. Location advantages are as follows: a) Just 1 Km from the proposed Metro station on Kanakapura Road in Phase 2, b) Well connected to all major landmarks in the city and c) 2 Km before NICE Road.
Mahaghar Vajra was launched in February 2014 and the expected possession date of the project is by March 2015. The project has got approvals from BBMP and HDFC, LIC Housing Finance. They will also provide A Khata for the project.
Hey Manu, Are you sure that only these two banks are providing home loan for this project? How much is the rate per sqft they are quoting and are they giving Cauvery Water Connection?
There are other banks which are providing home loan for this project like ICICI, Bank of Baroda, Axis but the approvals are under process. The current rate per sqft going on is Rs 2750 and bore wells are there for water supply.
Kanakapura Road will be a better option and you can also expect future appreciation in this area as the area is surrounded by many educationally institutions and the connectivity is also very good. Kanakapura road has become a prime hub for real estate development since last 2-3 years. The residential real estate activity along Kanakapura Road is expected to rapidly expand with the arrival of Metro Rail network.