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Home > Forum > Buying property > Bangalore > Old Airport Road > Diamond District

Real Estate Forum on Buying property for Diamond District in Old Airport Road, Bangalore

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Diamond District in Old Airport Road, Bangalore

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I am planning to buy an apartment at Diamond District.
Q: Is there any legal problem / any risk involved in investing there. This is a once in a lifetime investment that I am making.I would like feedback on this. - Usha

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Looking to buy a 2 BHK apartment in DD immediately
Q: Hi.....
I would like to buy a 2 BHK apartment, East facing direction in DD immediately, if there is any availability, please reply..

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Planning to buy a flat in Diamond District
Q: I am looking for a 3 bedroom apt in 7th floor or pent house corner flat with baloneys. But I am worried about the near by drainage stinking smell. Anyway my budget is 60 lakhs.Ready cash 30 lakhs and the rest will be loan. Please inform me if it is available.

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Would like to buy a 2 BHK apartment in Diamond District
Q: I would like to buy a 2 BHK apartment, East facing direction in DD immediately, if there is any availability, please reply..

It could be unfurnished, semi - furnished or fully furnished, preferably vitrified flooring. I am planing to visit Bangalore in the first week of December 2012, so if there is any availability I can view them and finalize one among them.

Latest Answer: Hi Ramakrishna , thanks for the reply. North and NE can also be considered , first preference is east facing, as mentioned before my budget falls between 40 - 55 lakhs.
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How old are these properties in Diamond district?
Q: I would like to purchase a 3bhk apartment in Diamond District. Was wondering how old are these properties and what will be the value for these apartments in the next 5 years... I mean will it depreciate?

diamond district
Latest Answer: Dear All, Thanks for the views... I heard there are some Katha disputes. Well it be a hindrance when I buy the property?
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Bank loan for a purchase of a second hand apartment
Q: Hi, Will it be possible to get a bank loan for a purchase of a second hand apartment from DD ? Is there any legal issues for the same? for eg: non-availability of Khatha ?

Latest Answer: Arya B, Did you get the loan sanction and who offers loans? Please do let me know since we are also considering an apartment in DD.
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Registration problem.
Q: I have heard that flat owners in Diamond District do not have Khatta A due to which registration cannot be done. What are the legal implications ? Does the new owner have to pay any arrears?

Latest Answer: As far as I know Khatta is just an account and registration can be done with out it. For legal implications and other details you have to take advice from your legal experts.
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