If the builder has not finalized the site than how he can take the booking amount. Is this legal? Can he take full booking amount without finalizing the site?
Gachibowli is one of the major growing technology hubs in Hyderabad and the cosmopolitan nature of the locality is attracting lot of young professionals from all over India.
Gachibowli is located in the northwestern part of the city in the Seringampalli mandal of the Rangareddy district. It is flanked on the east by Hitech City, on the south by Nanakramguda, and on the west by Osman Nagar and Tellapur.Gachibowli has excellent road infrastructure and is well-connected with other important localities of the city.Real Estate in Gachibowli is fast on the rise. The young IT professionals choose to stay near their workplaces. They are ready to shell out some extra money in order to avoid the long commute.
Yes the project has got approval from HMDA and amenities offered in this project are as follows: Swimming pool, air conditioned gymnasium, multi purpose hall, pool table, table tennis room, integrated library and study lounge, games room (carom, chess and cards). shuttle court, basketball court, lawn tennis court, yoga and meditation hall.
BricMor Lorena is an ongoing project and the estimated possession date is by July 2018. There will be only 3 bhk villas with built up area ranging from 2100 sqft and plot area will be 220 sq yds for each villa.