Sreevatsa Sankara project review

Q: Hey, can someone give me some information regarding the Sreevatsa Sankara project? Will I be able to book an apartment there or is it too late?

Rajeev Srinivasan, Coimbatore

9th June 2014

Residential Project Review in Sreevatsa Sankara Phase I, Kalapatti, Coimbatore

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Replies (3)

Definitely a good idea! A relative of mine has already invested in that project, he bought a 3bhk apartment. The construction work is still going on, but I really like how the place is turning up. The project has been approved by major banks like HDFC, ICICI and Axis banks, so applying for home loans shouldn’t be a problem at all. The price rate is same for all the apartments – Rs 2850. I don’t think you’ll be able to negotiate much, because this project is very much in demand, and also the possession date is drawing close.

Sandeep Krishna, Coimbatore

10th June 2014

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I agree. I can give you a bit more information about the project if you want. The 2bhks are available in two built-up area sizes of 963 and 1016 square feet, so that will cost you around Rs 27.44 lacs and Rs 29 lacs. The 3bhks are also available in two apartment sizes of 1355 and 1655 square feet, and will cost you around Rs 39 lacs and Rs 47 lacs. The construction work is in the last stages as possession date has been announced as December 2014, so you better hurry up and do your booking if you are serious about getting an apartment here.

Satyanathan Kumar, Coimbatore

9th June 2014

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Hi, good call with the Sreevatsa Sankara project. I really like the apartments there. I don’t think you’ll get any apartments in the phase I of this project, since it has been available for possession since January 2013. You can give it a shot though. I think you would be luckier if you tried with the Phase II, the possession date is December of this year, so apartments might still be available for booking. The prices and the apartment types are same in both the phases, so its pretty much the same thing. You wont be compromising on quality or anything.

Sandhya Prasad, Coimbatore

9th June 2014

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