Manjoorans have financial problems. They are not able to hand over the project within the next eight years. Bank arrears pending. Not able to get no lien certificate from bank. Please see http://mysweetcochin.blogspot.in
Kakkanad located in eastern Kochi is a good investment proposition. The area has witnessed a lot of real estate activity without as much user interest as expected. The main reason in my opinion was the indifferent attitude of the government and associated agencies on the future of Smart city. The project is well on its way and it has strong fundamentals attracting user interest especially from the non resident Indians.
The project is spread over 3 acres of land with 132 units planned. It is a 20 floor independent tower with its own landscaped gardens, swimming pool, health club, indoor work and play areas, abundant indoor car parking and three lift access to each floor.
Manjooran Rowan Park Scarlet offers 1 and 2 bhk apartments with size ranging from 574 sqft to 1061 sqft. The project is still under construction and the expected possession date is by end of this year.
Which all banks are providing home loan for this project and has the project got approval from legal body? What is the price going on for apartments in this project?
Manjooran Rowan Park Scarlet has got approval from KSEB and banks like HDFC & Axis. The price of the apartment ranges from Rs 20 lakhs to Rs 33 lakhs approximately.