Builder is demanding 1+ Crore, is it worth it?

Q: Isn't 1+ crore too high considering the quality of the structure? Also Sethna does not seem to be a A-grade builder, any thoughts/suggestions?

Siraj K, Bangalore

4th October 2014

Buying property in Sethna Power Tower, Hennur, Bangalore

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Hi Siraj,

I live close to the apartment and was wanting to buy @ Sethna too, but that was until Jan-2014. I had to make a choice and decided to go ahead with 'Living Walls' although I had to spend a few lakhs more. Infact unlike a year back today you have plenty of new projects coming up within 2 kms radius of 'Sethna Power Tower'. I would suggest you must consider Prestige Gulmohar, Kolte Patil Mirabilis and 'Living Walls' to name a few A-Grade builders and developers in that vicinity.

Regarding Sethna Power Tower, I would urge you to discuss with the current residents and I am sure they will give you the correct feedback. Some points for you to take notes of:

- Electric fixtures and fixtures in the bathrooms provided by the builder. Do talk to some residents, I am sure they will share the expereince :-)

- Also, take a walk around the apartment, and look for seepage problems if any. Again do talk to the current residents for feedback.

Abhishek Gupta, Bangalore

8th October 2014

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Also,
- Although the builder may not be ready to negotiate the price he still has 25-30 flats unsold and this is inspite of being 3+ years since completion. You can ask the builder itself as to why this is the case :-)

Regards,
Abhishek

Abhishek Gupta, Bangalore

8th October 2014

This project is located in Banaswadi area of Bangalore spread over 3 ½ acres of land. The project consists of 2 Block out of which one is G + 14 floors and other one is G + 6 floors. The estimated cost of construction for the project is approximately 300 millions INR. The architect for the project is M's Thomas & Associates.

Yogendra, Bangalore

6th October 2014

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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.

Mahi garg, Bangalore

6th October 2014

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Hi Siraj, Price seems to be on the higher side why don't you go for projects like Nitesh Melbourne Park, Purva Palm Beach and Mantri Webcity. These projects are from A Grade builders.

Sagar Prasad, Bangalore

6th October 2014

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