The project has got approval from BMRDA and banks like LIC, Axis, DHFL, Indiabulls. The builder is going to provide E Khata and it is DC converted land. The project is spread over 13 acres and 22 guntas of land.
May be it means that the BMRDA has released all the layout and it is fully developed. E Khata is merely the computerization of the actual Khata. A computerised version of Khata will contail all the details that have been recorded manually.You can obtain receipts when required with the help of PID number. Only those people can use E Khata whose properties have been allotted PID number.
Neha Residency is 9 kms from NICE Road Junction on Mysore Road. It is 45 mins drive from Majestic, 15 mins drive from Mysore Main Road and 5 mins drive from Big Banyan Tree. The current rate per sqft going is Rs 1200.
There will be a total of 248 units in this project. Due to the upgraded connectivity and widening of the Sirsi Circle Flyover for which the real estate market is increasing in this locality. The development of commercial realty are limited in this belt, but over the past few years the residential development has risen with the completion of the of the incomplete stretches of the Outer Ring Road (ORR) in this region.