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Real Estate Forum on Builder Review in Budigere, Bangalore

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Budigere, Bangalore

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Q: I am a owner of an apartment in prestige tranquility and have an concern the on posession charges and the maintenance charges are not the same as informed and has increased, has any one else faced this issue
Latest Answer: the project is screwed up and builder is onlytelling lies they told me that keys will be handed over on july - then aug then sept they took amount on june 30 and have not done anything .... who will take care of this ??? it is daylight robbery builder has no respect for common man money
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Q: I Purchased 1 BHK in Jan '2015 under the Republic day 50gm Gold offer. After paying almost 3 lakhs they cancelled the loan and now I am getting no response from Pashmina for the last 3 months for my refund back. BEWARE....BEWARE...BEWARE from Pashmina Builders
Latest Answer: We must appreciate them that though they have delayed our payments a bit, but we are assured that they will pay us and totally paid us, and I also understand that they have paid totally to Shapoorji, when asked why the delays are happening, they were informing that the existing customers are holding back the payments already due
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Q:
After selling prestige shantinikaten at exorbiant price , the builder is now forced to sell its new projects at much lower price. Do you know why? - because on of their towers collapsed and had to be rebuilt in shantiniketan project. Despite their high profile brand - they have used low quality material in construction. Despite this incident they have not improved their standards and are now doing cost cutting further to sell their new projects at attractive price at the cost of safety and quality . Even local builders have better standards.

I would advise all to stay away from this builder especially NRIs as they cannot monitor the construction quality. Do not buy these apartments for investment as they will not have any resale value. People who know the builder are not buying for fear that some tower may collapse.

It is better to go for some reputed builder like Shobha, Purva ,Mantri etc... just to name a few. I think there is no lack of quality builders in bangalore to choose.
Latest Answer: How come you know so much about the builder? Are you a resident of Prestige Shantinikaten or Prestige Tranquility because I heard that they are one of the leading builders in Bangalore?
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Q: I am totally pissed off with Pruksa Silvana and the marketing peoples
strategy.

They are not mentioning at all in the sales consultations that a 24
Meter road will be cutting the property in future.

Also, in the coloured brochure that they have provided, they have not
mentioned this road at all.

Also, if the road is going to be made public, it cannot have the
landscape that they are currently having in there.

This issue should be raised in all the public forums and need to send
letter to the BMRDA authorities. A foriegn company with 100 % FDA
cannot fool around with people in India.

They do not give any copy of the agreement in advance also, they are
just trying to take 1 lakh as registration.

This information should be made public and they should get a legal
notice.

Manohar Joshi
Latest Answer: Hi, Can anyone tell me how the real estate market in Budigere Cross?
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