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Real Estate Forum on Buying property in Banashankari, Bangalore

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

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Q: I have heard of new rates are quiet different what is posted here. seek guidance.
Latest Answer: Hi, Are you looking for a flat in Tata The Promont, Banashankari, Bangalore? What is your budget and BHK configuration? To get more detail of this project, click this link Tata The Promont, Banashankari, Bangalore Or, To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.
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Q: I am currently an NRI looking to buy in Bangalore. Are the Penthouses good in this project? Has it been approved? Is it legal?
Latest Answer: There is only one penthouse available for sale in this project, you can click on the link to check the details penthouse for sale OR You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
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Latest Answer: Magnum Developers is having other projects in Bangalore in other localities. You can look for projects like Magnum KB Paradise, Magnum Indus Oasis and Magnum Comfort Residency.
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Q: Hello Buyers,
Pls note that this NS Elite TF 1 , 4th floor property is NOT A FREEHOLD. Its JOINTLY OWNED and the co-owner is not at all willing to agree to this misleading advertisement. Kindly note any buyers to this property will be doing the same at OWN RISK.
Latest Answer: This is in particular to the TF 1 of A Block and not to all appartments in the NS Elite property. Kindly note the same. All other flats can be contacted to their owners for any deals advertised.
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Latest Answer: You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
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Q: Hi, can anyone list down for me apartments in Banashankari and their prices....
Latest Answer: Hi..i can list down some 3 bhks for you.... prestige south ridge is for Rs 1.82 C kritika homes for Rs 80Lakhs mantri alpynes for 68Lakhs sai siri coral for 78Lakhs So u can get 3bhks in this range of above 60Laks 2 bhks will be slightly less in say Rs 40 lakh onwards....
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Q: I recently bought a flat in Banashankari, Bangalore for 65 Lakhs. I have registered it for 40 Lakhs. Now the builder is asking for 4.9% VAT. I spoke with a lawyer and he said VAT applies only if the cost exceeds 50 Lakhs and he said he is 200% confident about it. So do I need to pay tax ? Why did the builder ask me VAT? does anybody can confirm me that VAT applies only if costs is greater than 50 Lakhs ?
Latest Answer: VAT and TDS is two different things. The buyer of a flat priced Rs 50 lakh and above will have to deduct 1% of the amount. VAT is another tax where builder has to pay for every transaction and he might push the burden of the same to buyer. I would like to correct you TDS is applicable only when cost is greater than Rs 50 L
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