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Real Estate Forum in Horamavu, Bangalore

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

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Q: Hi, I want to rent a flat in Sycon Cressida Horamavu Bangalore. As my office in Manyata so that is very near by. But i heard very bad feedback from one of my friend. Following is the email i received from him. Is this really a mess place now?

Hi, I stayed here for 5+ year and recently moved out due to multiple issues in society. Water problem is the major reason for us to move out. I would not recommend any one to buy or rent flat in Sycon Cressida Hormavu. I am in constant touch with one friend staying there.
He is saying there is big problem with maintenance fee collection. Some flat owners (previously landowners) never pay maintenance and they are like goons / goondas in society.
• They keep disrupting the functioning of society.
• Never pay water charges either.
• Never follow society rules either. (Parking rule, entry / exit rules etc.)
These people are major goondas in society. They overpower security guards & other staff too. My friend told me that there is a person - Youns / Wisim. They have some 9 Lakh maintenance pending till date & they are not willing to pay either. As these goondas do not pay maintenance so, other owners have also stopped paying maintenance in revenge. Hence, there is no fund left in society.
There is no money left in sinking fund / corpus fund either. As all that money eaten up for running the society.
Society is facing big water problem since many weeks and that is due to fund crunch. There are no funds in society to call water tankers. They have pending dues with security agency and housekeeping staff too.
I would only say – Sycon Cressida is not a place to live for a decent family. These goondas will not let society function properly. Their names are present in every defaulter list constantly since many years and they have no intention to clear it.
I heard this issue was build up by Builder Sycon Construction. Sycon Cressida apartment still not have Occupancy Certificate yet. They are trying very hard to run society with many day-to-day problems.
These goondas family is enjoying water & all services at the cost of other residents. What a shame!!!
Seems like Sycon Cressida society member working hard to get money from pending owners but these goondas are not willing to pay. I heard there was big chaos from all tenants for water crises and most of them will leave apartment soon as there is always water problem in society.

Think twice before you land in this mess!!!!!
Latest Answer: Hello Jack, Water crisis has become a major problem these day in Bangalore. Most parts of the city is fighting with the water crisis. But the problem which your friend is mentioned here are big issues for any society. Even if you are a tenant for that society, you have to face a lots of issues during your stay. So, better avoid renting such properties.
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Q: Hi,
Recently I came across svs trendsquare precioso at horamavu. Builder has recently completed many projects - svs windgates, svs palms, svs anandanilaya.
However I saw few old bad reviews. How is the builder doing recently ? How is the construction quality ?

Latest Answer: SVS Trend Square Precioso by SVS Constructions in Horamavu ensures privacy and exclusivity to its residents. The ambiance of SVS Trend Square Precioso is truly a marvelous sight to behold. SVS Trend Square Precioso is one of the best investments in Residential properties in Bangalore. The Apartments in SVS Trend Square Precioso are strategically constructed keeping in mind the best of architecture both from inside as well as outside. From stylish flooring to spacious balconies, standard kitchen size and high-quality fixtures, every little detail here gives it an magnetic look. SVS Trend Square Precioso offers beautiful 2 BHK and 3 BHK Apartments in Bangalore. The price of Apartments in Horamavu is ideal for the home-buyers looking for a property in Bangalore. Need more information regarding this? Visit www.unplanpropertycare.com
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Q: I am also planning to book a flat here, can anybody share their opinion on the Project, Builder and the locality.
I went last week there, they claim to complete the project by mid of 2018. They are ready to pay rent for every month they delay from the commited date of commission.
I found the connectivity from outer ring road is good, not sure about any other PROS & CONS of this locality.

If anybody has got any past experience with this builder, please share. Please share information about the location too

Any kind of information will definitely help me.
Thanks in advance
Latest Answer: DSR Infrastructures Pvt Ltd Waterscape is located in Horamavu, Bangalore. There are various amenities for home owners to utilize such as swimming pool, club house, children play zone, gymnasium, community hall and sports facilities. DSR Infrastructures Pvt. Ltd. was founded in 1988 and they have worked on twenty nine projects so far. Currently they have seven under construction properties in Bangalore, spread over Bellandur and Whitefield Hope Farm Junction. Horamavu is located close to Manyata Tech Park and Whitefield. It is surrounded by areas such as Kalyan Nagar, Hebbal and KR Puram. The Outer Ring Road is only 2 kilometres from here while the HAL Airport is 10 kilometres away. For further details, visit www.unplanpropertycare.com
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Latest Answer: HDFC Bank is providing HDFC's Self Construction Loans, with that you can build your home your way, tailored as per your imagination and well-matched to your family's needs. For further information, you have check with the nearest HDFC bank.
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Q: Respected Sir,

I am here to consult an issue that i am in. I have booked a flat in a flat scheme named Mirabillis in Bangalore and booked the flat from the Owners share (Dinesh Ranka Associates). I am moving abroad and since i need money to process my Visa and cover other expenses i cannot afford to continue this flat any further.

As of now i have only paid the booking amount and the Agreement date was scheduled in 1st week next month i.e. Oct 2016. I have presented my request to Dinesh Ranka Associates requesting to refund my money however they have mentioned over an email that the advance is not refundable.

I initially signed a form that has basic information about the society and the cheque's details that i gave. This agreement wasnt registered. it was just a form that i signed.

upon reading the terms and conditions, it says that Cancellation fees will be 5% of the total sale value.

My question is,

1) How do i proceed from there?
2) does a non registered form signed by me can make me liable to pay the 5% cancellation fee?
3) Does the builder stand any grounds in not returning me the Advance i paid, as they claim?

Regards,
Saurabh
Latest Answer: One of my acquaintance had pre-booked a 3BHK flat in this project and he's very disappointed with the builder and the management team is very unresponsive. He had to cancel the booking because even after his prepayment the project did not have approvals even after 6 months from the payment and asked for a refund. Despite following up with them multiple times they were un-accommodative but somehow he finally got the refund. Even other projects of Kolte Patil are facing some or the other issue, hence one should be very cautious before investing in Kolte Patil's project. http://www.propsurf.com/Property/Kolte-Patil-Mirabilis/2938 Propsurf
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Q: Kindly help, is builder providing OC for honeydew project
how is the project quality and other legal aspects
Latest Answer: Honey Dew is a ready to move project thoughtfully situated in Bannerghatta Road, Bangalore by Honey Properties. The project consists of 76 units spanned over 2 towers offering aesthetically designed 2 BHK and 3 BHK apartments. The apartments are designed with fully equipped amenities and a strong structure. Honey Dew offers skilful and aesthetically designed 2 BHK and 3 BHK apartments. Honey Dew plot areas for its 2 BHK flat range from 1230 sq. ft. to 1396 sq. ft. and 3 BHK flat areas range from 1519 sq. ft. to 1720 sq. ft. Honey Dew is a project offering luxurious apartments in a prime location. Bannerghatta Road gives access to various facilities like major work hubs, leisure centres and reputed educational institutes. Honey Dew locality includes several basic civic utilities like KMF BMTC Bus Stop, Kurur Mana School Bangalore VISIT www.unplanpropertycare.com for more information.
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Q: I am looking for some information about the project. I know it is ready to move in project but I want to know about approvals, price details etc.
Latest Answer: Are you planning to buy a flat in Obel Banjara?
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Latest Answer: Hi Claude, Are you planning to book an apartment in this project? It is a ready to move in project located off outer ring road at Horamavu, near Manyata Tech Park. The price of the apartment in this project ranges from Rs 40 lakhs to Rs 53 lakhs approximately. The project has got all the necessary approvals.
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Q: What are the types of configuration available in this project? What is the total land area and number of units planned?
Latest Answer: The property comprises of 2BHK & 3BHK apartments. 2BHK apartments have the following area specifications- 1179,1191, 1194, 1202, 1242, 1255 sq.ft. The rspective prices are as follows- 46.57L, 47.04L, 47.16L, 47.48L, 49.06L, 49.57L 3BHK apartments have the following area specifications- 1435, 1523, 1543,1548, 1570,1620, 1692,1730, 1752sq.ft. For further updates, contact Unplan Property Care at www.unplanpropertycare.com
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