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Home > Forum > Bangalore > Devanahalli > Ozone Urbana Township

Real Estate Forum for Ozone Urbana Township in Devanahalli, Bangalore

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Ozone Urbana Township in Devanahalli, Bangalore

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Suggest required for Ozone Urbana Plots in Devanahalli
Q: Hi i am panning to invest in ozone Urbana Apartments Can anyone suggest me some pros and cons of this property

Latest Answer: Hi Planning to consider 2bhk at urbana prime can any one advise on the project and builder
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Does the builder have all approvals
Q: I have got documents from builder and have got the docs checks bu reputed lawer. there were quite a bit of flows in the documents majorly, they do not have EIA approval.
secondly as per new laws their Aqua project is 13 mtrs away from drain, as per new rules, this should be at least min 15 mtrs away.
Similarly they have other flaws in the documentation

Latest Answer: stay away even if they give you the property for free.
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Worth buying in Ozone Urbana Aqua 2? Builder and project's credibility?
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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Has any one bought a plot at ozone urbana? I am looking forward to having a quick discussion with any buyers

Latest Answer: Hello Varun, Have you bought plot in ozone urbane?I am looking to buy one and do you know any feedback on the ozone urbane plots.
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Is it really worth investing in Ozone Urbana?
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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Did anyone book a flat in Ozone recently?
Q: Has anyone booked a 2 or 3 BHK apartment in Ozone? I visited last week and the quotation is 2990/Sqft, with a premi payment option by the builder to the bank till possession-
For a 2 BHK - I need to pay the builder approx 7 lacs today. Till the possession which is Dec 2014 as of now, the builder will be paying the interest to the bank. Me paying nothing. The banker explained me that I would save approx 6 lacs of rupees for 2 years by not paying EMI. And I can invest it somewhere else and get returns. Looks lucrative.

Do you all see anything fishy over here?

Also I have been 2 times to the site. I do not find any labours or any work going on. Did anyone else see any development?

Did anyone book a flat at ozone recently? AT what price?

Latest Answer: Do not buy with this builder. The township is incomplete and I have heard from reliable sources that they are basically bankrupt. You go to the site and see that everything is semi finished and their sales people are trained to lie. I think the senior management is not experienced in construction and are only into this to make a fast buck from the people of India and invest abroad like mallaya and modi. Very soon you will see that their owners are also on the lam.
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Are there are any plans to have senior citizen apartment block in the complex?
Q: It is understood that a reputed builder from Tamilnadu is planning to build apartments specifically for senior citizens in this complex.Can this be clarified?

Latest Answer: Yes, Serene Kovai property is coming up with senior citizens home
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Buy One ready 3BHK or two 2BHK with combined incomes.
Q: I have to buy a property with our combined incomes incl my wife and put it on rent to pay off the home loan as we have already accm for at least two years. The issue is that should we buy one 3 BHK in Sobha/Prestige/Godrej/Purva or buy two 2BHK one ready and one scheduled for possession in near future.The ready prooperty should give us good rent and appreciation in future. Rgds

property buying advice
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Maintenance Fee
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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Ozone Urbana plots
Q: Hi, I am thinking of buying a plot in Urbana. Quoted price 2100 psft is expensive. What is your suggestions / feedbacks on this project? How much can i negotiate on price? I was told that this project is approved by SBI, is it true? Any other advice for me. Thanks.

Latest Answer: Compared to the prices near this township the price is not at all expensive. Moreover the amenities Urbana offers is unique. The project has been approved by several banks including SBI, ICICI, HDFC. If you are looking at long term, this should be a very good investment.
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