Elena 5 apartment project in Electronic City Phase I

Q: How is the idea of buying a property in Electronic Phase I? How is the locality?

Eklavya, Bangalore

29th September 2014

Residential Project Review in Mahendra Elena 5, Electronic City Phase I, Bangalore

bangalore real estate

project review

projects in electronic city

apartments in electronic city

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Replies (6)

Don't buy. Deeply worried about the quality of construction

Jijith Nadumuri Ravi, Apartment Resident

4th February 2017

Comment

Call Mr. Jeevan for more details on Mahendra Elena-5

jeevan, Bangalore

18th August 2015

Comment

Hello Jeevan, Can you help me out what is the current rate per sqft going on in this project?

darshil. kumar, Bangalore

27th August 2015

I have seen the project it is spread over 100 acres of land with 2 towers and it will have G+10 structure. The project will have all the modern amenities like Rain water Harvesting, Children's Play Area, Modern Gymnasium, Swimming Pool with Toddler's Pool, Multi Purpose Hall & Indoor Games and much more.

Ramesh Reddy, Bangalore

29th September 2014

Comment

Complete hogwash. Poor construction quality. Unprofessional work. Rude behaviour

Jijith Nadumuri Ravi, Apartment Resident

5th February 2017

I was planning to go for a site visit in week sometime but where exactly is the project located and please share the booking amount and the super built up area of the project.

Eklavya, Bangalore

29th September 2014

Comment

The project is located at Electronic City Phase I, next to Wipro Office. Booking amount they are quoting is Rs 1 lac. The project offers 2, 2.5 and 3 bhk apartments with super built up area ranging from 1055 sqft to 1490 sqft.

Jignesh Kumar, Bangalore

29th September 2014

Thanks Sagar, What is the status of the project and are the approvals in place? How much is the rate per sqft going on?

Eklavya, Bangalore

29th September 2014

Comment

The project is under construction and it will take more 24 months for completion. It has got approval from BDA and all leading banks. The current rate per sqft going on is Rs 3400.

Jignesh Kumar, Bangalore

29th September 2014

Every says that banks are approved by leading banks.. It will be great if you can share which all banks have approved it and the possession date.

darshil. kumar, Bangalore

27th August 2015

HDFC, Axis and State Bank of India have approved the project. The project is expected to be completed by 2016 last quarter.

Jignesh Kumar, Bangalore

27th August 2015

It is a good idea to buy a property in EC Phase I as the area is already developed and all big and branded builder already have their presence in Phase I.

The plus point of Phase I is that proper street lights, shopes are there and the roads are also better when compared to EC Phase 2.

• After two to three years you can expect good appreciation in Ananthnagar as the area is developing but in electronic city appreciation is dwelling high on every quarter.

• One can expect good rent in EC Phase I as 75 percent of IT guys stays at Phase 1.

Sagar Prasad, Bangalore

29th September 2014

Comment