HI I am planning to buy at Sanvi phase 1 have heard the builder is giving out letter of indemnity on OC is it correct

Q: It is being insisted by the Builder that the Project will get is OC once the project is handed over

soumitra, Apartment Resident

29th March 2015

Buying property in Sowparnika Saanvi, Whitefield Road, Bangalore

bangalore whitefeild sowparnika sani phase1

Follow Discussion

Also see discussions for

Bangalore Whitefield Road Sowparnika Saanvi Buying property Buying property in Bangalore Buying property in Whitefield Road Buying property in Sowparnika Saanvi

Replies (4)

Planning to invest in this project, will it be a good idea to invest here. But OC is another question.

Mohajit, Bangalore

1st July 2015

Comment

Yes it would be good for investment purpose as it is very near to forum value mall you can expect good returns in future.

For OC you have to contact the builder. It is a very important document.

Gurmeet,

1st July 2015

yup.. This is the right information..

Peeyush Jain, Bangalore

30th March 2015

Comment

Hi Peeyush, Are you staying in Sowparnika Sanvi? Has the builder issues OC to existing residents who registered?

Jalaj, Apartment Resident

27th June 2015

Which all banks have approvals for home loans and is it a BBMP approved project?

Tejesh Kumar, Bangalore

30th March 2015

Comment

Banks such as HDFC Bank, Axis Bank, LIC Housing Finance Ltd, Indiabulls, DHFL, ICICI have approved the project. Yes the project has got approval from BBMP.

Gurmeet,

30th March 2015

I do not think it is a correct procedure better you take advice from a legal expert. But it is better if you get Occupancy Certificate directly from the builder. You should check all the documents provided by the builder before booking a property

Vaibhav Bhatnagar, Bangalore

30th March 2015

Comment

You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.

Mahi garg, Bangalore

30th March 2015