Salarpuria Sattva Magnus, this is one of the best project in Hyderabad. I have read about this project and planning to buy. I have come up with the details in the below website. Please can anyone tell is the project good to buy. www.salarpuriasattvamagnus.net.in
This is a good project. But the agreement is totally one sided in favour of the builder and leaves the buyer at the mercy of the builder. For example, in case of delay in construction, late penalty is hardly 8000-9000 per month. Even that penalty is unlikely to be realized given the fine print in the agreement. You must get a copy of the final agreement before you give the first cheque. Other than that, it is a good project. The quoted price is 5390/sq feet and if you negotiate hard, they give about 300/sq ft discount, which makes it attractive.
Nope...All the 4 blocks are residential and they will have one commercial block. The project is well located and it is easily connected such as Film Nagar - 8 mins Tolichowki - 5 mins Hitech City - 18 mins Apollo Hospital - 11 mins Delhi Public School - 12 mins Golconda Fort - 10 mins Qutb Shahi Tombs - 5 mins
The project is still in pre launch, so what about the approvals and when they are planning to give the possession. How much is the rate per sqft going on?
The project is expected to get approval from HMDA and the possession is expected by December 2019. The rate per sqft for Block A is Rs 5640 and the rate per sqft for block B,C& D is Rs 5140.
Salarpuria Sattva Magnus is a gated community in Hyderabad and it is located just 8 kms from the Outer Ring Road. The plan is to develop 5.363 Acres (4.377 acres residential + 0.986 acres commercial)