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To book an apartment you can pay a minimal amount and at the time of registration you have to pay 25% of the apartment cost. The rate per sqft going on in this project is Rs 3800 and the project will be completed by another 3 months.
As far as I know they have completed one project that is MySpace Elite in HAL, Old Airport Road. So really cannot comment on the quality construction. Myspace Mythri has got all the necessary approvals from local body and banks.
Yes the project has got approval from BBMP and banks like Axis, SBM & LIC Housing Finance. The site is A Khata property and builder is going to provide B Khata for the apartments.