Q: Hi, Planning to buy a flat in richmond lake view bangalore wanted to know more about builder reputation and if its a gud one to go with and also the place
Chandrapur Anekal Road from Chandrapura circle till Anekal is about 14 kms long which is being widened. Chandrapura Anekal belt is fast developing and is well planned, it is well connected to Silk Board and Koramangala. PES Engineering College and Oxford Institution is also less than 15 kms from CA Belt. So I feel the idea of investing in CA Belt is not a bad option.
I would definitely suggest to kindly lose interest in this project and other project by the richmond builder (Richmond Pride) as the builder Madhusudan holds a poor reputation in the city. His irresponsibility and lack of commitment and plan has educated people to not believe in him at all. Moreover the location of both the projects is out of Bangalore and wouldn't have resale value as well. Both the projects are already delayed by 2 years and will continue to be delayed indefintely. I wish you luck to go for a better deal.
Have you book an apartment in any of their project? Because I could see the reputation of the builder is Okay and they have delivered two projects in the past with good success.
There are apartments available for sale in Chandapura Anekal Road, you can click on this link for details about the availability apartments for sale
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Hi Preeti, Richmond Lakeview is an ongoing project by Richmond Builder. They currently have two residential projects in Bangalore. The rate per sqft they are quoting is Rs 2300 which is quite affordable. The project has also got approval from BMRDA and banks like LIC Housing Finance, HDFC, ICICI and Axis.