SLV RK Signature apartment project at Hennur Road

Q: Has the project got approval from BBMP? Can I avail home loan from State Bank of India for this project?

Vishal, Bangalore

8th December 2015

Residential Project Review in Bangalore

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Replies (7)

Recently I inquired with the builder and they say that B khata wil be provided for the entire project and it is upto the individual flat owners to apply A Khata and even OC has to be applied by the owner by themselves. Is it good to buy this property ?

Prabhu, Apartment Resident

1st July 2016

Comment

Occupancy Certificate is obtained by the builder from the office of the local civic authority such as BBMP or BDA in case of Bangalore. The OC essentially tells you that the owner can legally occupy the building.

Rakesh, Bangalore

2nd July 2016

Builder clearly stated he is not giving OC and B khatha only given for the apartment, Flat owner have to spend 20K to get the A khatha certificate. If OC is not given it means there is deviation from the initial plan, In this sitauation can I buy this poperty. Yes or No ? Please let me know I am very much confused.

Prabhu, Apartment Resident

3rd July 2016

I do not think it is a good idea to buy a property without OC.. There can be risk... Better go for A Khata property and builder is providing OC.

Rakesh, Bangalore

25th July 2016

I am planning to buy a property in Hennur Road and I am looking for feedback about the locality. Please help.

Anthony, Bangalore

10th June 2016

Comment

Hennur Road is a major road located in North Bengaluru. Ever since the conception of the Kempegowda International Airport, Hennur Road became a key residential locality for people who wanted to be close to both the city and the airport. The government of Karnataka plans to create an IT sector near the Kempegowda International Airport in the future, this conception has further pushed investors and builders to focus on building medium to premium residential projects.

Sreya Khan, Bangalore

10th June 2016

I heard from the builder that they will not provide OC certificate and only A khata will be provided . Can i buy this property ?

Prabhu, Apartment Resident

9th June 2016

Comment

Once the construction of a project comes to an end, the builder issues the occupancy certificate. On a legal note, every builder must send an application to the local civic body within 30 days, for an Occupancy Certificate.

A buyer is entitled to an Occupancy Certificate on signing the agreement or before moving into the apartment. However, often builders do not acquire the certificates from the local civic bodies and hence are legally compelled to pay property tax. If an apartment is not built on the approved plan, it is quite likely that the builder will be denied of an Occupancy Certificate.

Devraj Shah, Bangalore

10th June 2016

They are not ready to move in flats

Jain Lodha,

10th April 2016

Comment

March has ended & flats are yet to be completed....They will hand over is Oct 2016

Jain Lodha,

10th April 2016

Comment

What type of car parking they are providing? Will there be Cauvery water connection or they are going to provide only bore-well water?

Vishal, Bangalore

8th December 2015

Comment

They are going to provide Covered Car Parking and they are going to provide bore-well water as well as Cauvery water for water supply in the apartments.

Sreya Khan, Bangalore

8th December 2015

Yes Vishal the project has got approval from BBMP. Banks like HDFC, Axis, LIC Housing Finance and SBI has approved the project so you can avail home loan from any of these banks.

Sreya Khan, Bangalore

8th December 2015

Comment

I know the project offers 2 and 3 bhk apartments but I want to know what is the built up area of the apartments. How much is the rate going on and when is the project expected to get completed?

Vishal, Bangalore

8th December 2015

The built up area of apartments in this project ranges from 1020 sqft to 1465 sqft. The price of the apartment starts from rs 39 lakhs on wards and it is expected to get completed by March 2016.

Sreya Khan, Bangalore

8th December 2015