According to a property adviser, many good projects by reputed developers are coming up in the area. Good infrastructure and projects by renowned developers lure buyers to this area. Buyers invest in this locality looking at the future prospects.
For those, who do not prefer to carry the construction risk, buying a unit out-and-out in finished medium and smaller projects in the locality is the best option. Such a move is likely to offer a decent rental income. As an alternative option, a buyer can also search for other premium projects which are slated to finish prior 2015. Property experts strictly advise to stick to builders who offer good brand value, sustained historic rental income and an excellent resale demand.
They are cheating people.They are not refunding the booking charges paid, since 6-8 months, we are behind them and new stories are being formed. They have suggested us to go fight the case legally or do whatever you can. Please join us if are already in the trap else be warned that you will be soon in the trap.
Hi Vardaraj, The concern person told me that the project has been approved by (MPA) Malur Planning Authority and after 6-7 months they are going to get BMRDA approvals. Banks like Axis, ICICI, PNB and India bulls have approved the project.
Hi David, If you are planning to buy an apartment in this project, you can talk with the builder regarding the same. He can only give you the best quoted price.
The project offers 1500 sqft and 2400 sqft plots at the price of Rs 2.25 lakhs and Rs 3.60 lakhs ( launching benefits). The project is fully developed and ready for registrations. Bank loans are also available.
Actually I have seen their advertisement is some paper media. It seem they are offering villas plots at the rate of Rs 1200 sqft ( limited offer ) where as the actual price is Rs 1350 per sqft. The project has got all the approvals from the competent authority and clear titles.