Aryan Aquilaa apartment project in Jp Nagar

Q: Has anyone heard about this project? I am planning for a site visit this weekend. Where exactly is the project located and is it a good idea to invest in this locality?

Utpal Das, Bangalore

28th November 2014

Residential Project Review in Aryan Aquilaa, JP Nagar, Bangalore

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Replies (2)

Is the project approved by BBMP? Are they providing A Khata? Which are banks providing home loan for this project?

Utpal Das, Bangalore

28th November 2014

Comment

The project has been approved by BBMP, A Khata. You can avail home loan from banks like LIC, DHFL and ICICI for this project. This is a G+3 Structure housing about 104 flats of 2/3 Bedrooms of varying sizes sheltered in two blocks.

Harshit, Bangalore

28th November 2014

Yes I have seen some advertisement about this project. The project is located behind Inchara Hotel, JP Nagar 6th Phase, Bangalore.

JP Nagar had experienced an inconsistency in its price trends. The price per sq. ft. was at Rs4488 in Oct - Dec 2013 quarter and then price depreciated to Rs 4621 per sq. ft. in the quarter of Jan-Mar 2014. In the April - June quarter of 2014, the locality price appreciated to Rs 4896 In the July-Sep 2014, the locality price appreciated to Rs 5012.

The entire region of JP Nagar spreads to an area of 1.79 sq. km, including areas such as Jarganahalli, Sarakki and Nainappa Settipalya. Initially, the locality was a residential hub, with very few houses and Bungalows. However, with the introduction of IT/ITes companies, the locality boomed and turned into a residential cum commercial hub.

Harshit, Bangalore

28th November 2014

Comment

Thanks Harshit for providing such an elaborate information about the locality. What is the status of the project and how is the rate going on in this project?

Utpal Das, Bangalore

28th November 2014

Aryan Aquilaa is an ongoing project. The project is expected to get completed by another 24 months. The rate per sqft going on is Rs 4800. The price of 2 bhk starts from Rs 41 lakhs and 3bhk starts from Rs 60 lakhs on wards all inclusive.

Harshit, Bangalore

28th November 2014