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Home > Forum > Investment Advice > Bangalore > Devanahalli > Ozone Urbana Township

Real Estate Forum on Investment Advice for Ozone Urbana Township in Devanahalli, Bangalore

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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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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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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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