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Real Estate Forum on Investment Advice in Devanahalli, Bangalore

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

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Q: Hi, I am planning to purchase a flat on ozone urbana. The bilder is saying agreement will happen on a price higher than what we agreed on and he will issue a credit note to me for the difference amount. Is it ok to proceed with the credit note thing or I can land in trouble later as the amount on agreement will be something else? What is the validity of credit note?
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Q: I am looking to buy a plot in Bangalore & I have heard a lot about Transcity Developers & their residential projects in Bangalore. So I just want to know is Transcity Developers are good for investment?
Latest Answer: Madam if you wanna buy u can contact am planning to sell my registered property with Katha and taxes paid upto date call me on8660764938 thank you
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Q: BSNL Postal And Information Technology Employees House Building Cooperative Society ltd
Latest Answer: Please be cautious and think twice before investing your money in the BSNL Postal and IT Employees House Building Co-operative Society. Why are the prices as low as Rs 1K when the market value in that area is higher? This might not be the genuine BSNL Society. It is possible that even after 4 to 5 years, you might not be allotted any sites. The development in the site allotted land seems stagnant or no improvement at all. It appears that they could use our funds and then return it after 5 years without any interest. If you are considering pulling out your investment, be prepared to wait how much long you can wait. Also, they will be keep launching new ventures without completing the previous ones. Be careful. I thought of buying plot here. Now stopped buying after enquiry. Even today they did not allot plots in eco 360 to booked people.
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Q: Godrej Reserve Plots Devanahalli is a new luxury residential plots developed a well experienced developer by Godrej Properties. Spread over a sprawling 92.7 acres godrejreserveplot.com.
Latest Answer: Godrej Reserve is a new launch by Godrej Properties, this wonderful project located near Devanahalli, North Bangalore. Project offers different type of Units like Nest, Cottage, Bungalow, Mansion, Estate. This wonderful project is spread across 92.7 acres of land with total no of units is 950 plots.
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Q: is any value worth in investing in ashrayaa aero springs is there any growth from 5-7years of this property
Latest Answer: Devanahalli has witnessed road enhancement and improved connectivity, with projects such as Outer Ring Road (ORR) and the planned six-lane carriageway that forms a ring between ORR and the Satellite Town ring road. For being only 34 km away from Bengaluru, the public transport in the area is both rounded and resourceful. It is proudly situated on the Bangalore-Hyderabad National Highway 7. So in short property prices in this stretch is definitely going to appreciate in the coming years.
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Q: Hi all, just came across a buyback scheme for 3 bhk in aqua 2 in ozone urbana project, where they are offering 42 lacs on investment of 17 lacs in 2 years. I want to know about the credebility of the builder. Whether it is good to go in such buyvback scheme. He is quoting the price relatively high as 4800 psf. Please provide suggestion at earliest.
Latest Answer: Hello everyone, sorry for late updates. After ll research and as per my condition and thourough paper work by involving a property lawyer based in Bangalore, I went ahead with this lucrative buyback scheme. Although 6-7months late, but I got my 50% amount back in jan-2018. Waiting for the other 50% still. Out of that 25%, I should be getting by tomorrow as they sent scanned copy of cheques. So, good thing is they are paying back. I didnt need sue them. Hope they settle the whole amount soon and also they close the reminer of the loan amount. Please note that still they are paying loan emi, although its more than 2.5 yrs now. So, in a way they have kept their commitments.
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Latest Answer: More than the completion of the apartments, the important factor is how many people are going to live in Urbana? I think this will determine the development of this region. I too have invested in plots about 5 years back. They promised then, in 5 years the entire project will be completed. Now, they are claiming it would take another 5 years for the development to complete.
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Q: Ozone Urbana (or other equivalent big builders) is selling plots in the range of 3000+. Is it really worth? I'm aware that Business Park/ IT parks etc. I still do not see any major signs of any such reality on the grounds. Most of the people buying in Devanahalli is for investment and not for serious dwelling. How many years it will take to even double? Is Devanahalli just a hype, which is already oversold?
Latest Answer: I just booked in advance my first flat in Devanahalli and feel satisfied with the service of Ozone Urbana Heights. They are building flats in bangalore and giving best facilities at a very competitive price.
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Q: Hey Guys,

I am interested in a 30*40 plot at ozone. Everything went well until I was told that I need to pay a maintenance fee every month for the plot 1 month after its been purchased. I find this ridiculous since there is nothing built there yet or the project has not even been completed. This one issue has been putting me off. Like many, this is an investment idea and I don't intend to build anything there as yet. The way I see it it needs a good 5-6 years before everything on paper can be seen in concrete.

Has anybody else picked up a plot here? if yes, are you all paying the maintenance fee? Any feedback is much appreciated.
Latest Answer: Hi, My email id is psaurabh26@gmail.com
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