Bluejay Ardlay Phase 2 review

Q: I have shortlisted this project in Mysore road for investment purpose. I want to know how is the locality from investment point of view

Mritunjoy Deb,

15th May 2014

Residential Project Review in Bluejay Ardlay Phase II, Mysore Road, Bangalore

bangalore real estate

apartments in mysore road

projects in mysore road

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Replies (4)

What is the current rate for plots in Mysore road..?

real estate,

15th September 2014

Comment

@Karthik, Bluejay Ardlay Phase 2 is one of the high end and large plotted development in the vicinity. The project is spread over 60 acres of land with 550 units. The project does not have Cauvery water but ground water is there.

Vivek Kulkarni,

15th May 2014

Comment

When is Bluejay Ardlay Phase 2 getting completed? Is there any plots available for sale in Phase I?

Mritunjoy Deb,

15th May 2014

Phase I is completed sold out. Plots are only available in Phase II which is spread over 30 acres of land and the possession is by 2014. In Phase I there were 150 sites and in Phase II there are 400 sites

Vivek Kulkarni,

15th May 2014

Thank for the information. What is the rate going on in both the project and what are the approvals?

Mritunjoy Deb,

15th May 2014

Comment

Bluejay Ardlay Phase 2 has been approved by BDA ( A Khata) and tied up with all leading banks. The rate per sqft going on is Rs 2800.

KNS Archisa has been approved by BMRDA and banks like LIC Housing Finance and ICICI. The price of the plot ranges from Rs 14.40 lakhs to Rs 28.80 lakhs

Karthik Deshmukh, Bangalore

15th May 2014

As far as I know you can get good returns in future as it is an ideal location for families to settle down and also offers great connectivity to all parts of Bangalore. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose.

Vivek Kulkarni,

15th May 2014

Comment

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.

You can also have a look on KNS Archisa by KNS Group it is also a good project in Mysore Road.

Karthik Deshmukh, Bangalore

15th May 2014