What is the status of the project and can I avail home loan form SBI for this bank? What is the total area of the project and how many units will be there in this project?
The project is under construction and it is expected to get completed by 2016 April. Yes you can avail home loan from SBI and other banks like LIC, Axis, ICICI and HDFC. The project is spread over 80,048 sqft plot and there will be 124 apartments with a combination of 2,3,and 4 bhk apartments.
As per my knowledge, the rate per sqft going on in this project right now is Rs 7200. The project has been approved by BBMP and they are going to provide A Khata as well.
Yeshwanthpur is a developing locality having lot of residential activity along with infrastructure development projects. Yeshwanthpur is surrounded by densely populated localities such as Rajajinagar, Malleswaram, Mathikere, Jalahalli, Mahalaxmi Layout, Nandhini Layout and Sadashivanagar. There are many nice malls coming up here and this area has potential of high spending customers. Good connectivity, number of households and infrastructure make this area upcoming.