Hey Adnan, Today I had a word with the sales person and he told me the rate er sqft going on now is Ra 5000 and a 2 bhk with area 1225 sqft will cost you around Rs 76 lakhs excluding registrations. By when in 2017 they are planning to give the possession.
Yeah it seems they are giving special launch offer of Rs 150 off per sqft. The highlights of the project are as follows: 1) G+4 low rise apartment, 2) 3 level world class club house of 5500 SFT & 2 level basement car park, 3) Wooden flooring in all bed rooms, 4) Units with Private Garden Option, 5) Vehicular free ground level, 6) Dedicated park for meditation and gazebos.
Location Advantage: 1) Located 1.8 km west of Forum Value Mall with all the great restaurants, major work places, movies, healthcare, shops, entertainment & much more. 2) 1.3 km from ITPL, brigade tech park and major IT hubs. 3) 200 mtrs. from The Deen's Academy. 4) Calm and beautiful residential location and 5) 500 mtrs. From Whitefield main road.
In the Jan-Mar quarter of 2014, the locality price appreciated to Rs 4700 per sq. ft. There are many new project going on in Whitefield which are in different stage of construction, click on the link to see the details projects in Whitefield
I am planning to buy a property for end use and after 3-4 years I with either sell the apartment or rent it out. How is the idea? Can I expect good returns in the future?
Whitefield is a good locality for end use as well as for investment purpose. Whitefield has seen an upward trend in realty market due to a high number of IT/ ITeS companies in the neighbourhood and also the credit befalls good connectivity. You can read an article about Whitefield here: Whitefield: Door to real estate investments
The project is known to be approved by HDFC and HSBC bank. They will be providing A Khata and BBMP approval is under process. Umiya Woods ofers 2 and 3 bhk apartments with size ranging from 1190 sqft to 2160 sqft.
Umiya Woods is just 2 kns from ITPL and 1 kms from Whitefield Main Road. The project is spread over 1.2 acres of land and it is a G+4 structures. There will be 96 units in this project. 33 units of 2 bhk and 63 units of 3 bhk.
You can get all the details about the project by clicking on this link: Umiya Woods Apartment
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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.
The project is still in pre launch stage and they are planning to launch the project by another one months time. The pre launch price per sqft they are quoting is Rs 4750