ADVANCE AT THE TIME OF BOOKING: 1 LAKH AT THE TIME OF AGREEMENT: 20% OF THE FLAT COST INCLUDING THE ADVANCE
REMAINING 80% BANK LOAN AND THE BANK RELEASES BASED ON WORK AS FOLLOWS:- AFTER COMPLETION OF FOUNDATION: 8% OF THE FLAT COST AFTER CELLAR FLOOR ROOF SLAB: 8% OF THE FLAT COST AFTER GROUND FLOOR ROOF SLAB: 8% OF THE FLAT COST AFTER FIRST FLOOR ROOF SLAB: 8% OF THE FLAT COST AFTER SECOND FLOOR ROOF SLAB: 8% OF THE FLAT COST AFTER THIRD FLOOR ROOF SLAB: 8% OF THE FLAT COST AFTER BRICKWORK & PLASTERING: 10% OF THE FLAT COST AFTER FLOORING & PAINTING: 12% OF THE FLAT COST AT THE TIME OF POSSESSION OR REGISTRATION-10% BALANCE AMOUNT
Horamavu is located in North Bangalore which is developing rapidly. The locality is easily accessible from major destinations of the city. The locality is quite developed and is still in the phase of developing. The Real Estate sector is also developing along with the development of the area.
Hormavu is undoubtedly well-connected to the complete city. It is located 2 kms from Outer Ring Road. ITPL, Whitefield and Nagavara are hardly 5-10 km away. Hormavu is also approachable via the rail and air transports.
Horamavu is sourounded by Kalyan Nagar, Ramamurthy Nagar, Church Street, Kuvempu Nagar, Dooravani Nagar etc. You can expect good rentals or appreciation from this locality.
Hey Harshit, The rate per sqft going on in this project is Rs 3200 and the total price of a 2bhk starts from Rs 45.35 lakhs including everything. The project has been approved by BBMP and banks like SBI, LIC Housing Finance.