V2 Nirvik is an ongoing project and the expected completion date is by January 2016. All the leading banks have approved the project and the current rate per sqft going on is Rs 5500.
As per the Karnataka High Court, if a property does not have an A Khata, it is illegal. Recently The Karnataka High Court has made it mandatory that the Bruhat Bangalore Mahanagara Palike (BBMP) cannot award 'B Khata' certificates to buildings and properties.