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Real Estate Forum on Investment Advice in Devanahalli, Bangalore

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

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Q: Hi, Like to know the progress and What kind of approvals received??

What kind of returns can be expected???

Any idea what will be the maintenance after completion??? approximate also welcomed friends
Latest Answer: As far as I know the project has got approval from BIAAPA and banks like HDFC, SBI, LIC Housing Finance and ICICI. Are you planning to book a plot in this project
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Q: is any value worth in investing in ashrayaa aero springs is there any growth from 5-7years of this property
Latest Answer: Devanahalli has witnessed road enhancement and improved connectivity, with projects such as Outer Ring Road (ORR) and the planned six-lane carriageway that forms a ring between ORR and the Satellite Town ring road. For being only 34 km away from Bengaluru, the public transport in the area is both rounded and resourceful. It is proudly situated on the Bangalore-Hyderabad National Highway 7. So in short property prices in this stretch is definitely going to appreciate in the coming years.
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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: The offers seems to be good but before entering into any kind of agreement consult a legal expert and cross check all the legal documents.
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Latest Answer: More than the completion of the apartments, the important factor is how many people are going to live in Urbana? I think this will determine the development of this region. I too have invested in plots about 5 years back. They promised then, in 5 years the entire project will be completed. Now, they are claiming it would take another 5 years for the development to complete.
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Q: I would like to get feedback from those who have invested in Ozone Urbana Aqua apartments.
is the construction progress as per their schdeule ?
Any surprises after you booked ?
Do you think it is worth investing in Urbana? With the new hardware and Aerospace park coming up in Devanahalli can I expect it to be rented out easily ? What rental return and appreciation can I expect?
Can we expect the other facilities like ITES,Commercial space,Hospital etc in the next 3 years ?
Your valuable feedback will be much appreciated
Latest Answer: 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.
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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: Township projects typicall have very large gestation periods and the appreciation would be slower initially. Once there is development visibility, the appreciation is much faster. Since the project is in a more strategic location and an integrated development is being planned, the investor is bound to have very long term benefits.
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Q: Has any one bought flat here?
Latest Answer: Hi, I would like to know if anybody has bought a plot at North-East paradise, as we approached them they mentioned that firstly u need to pay advance booking amount then only do we share the documents with you, which I find quite absurd. Anybody has had similar experience and is the investment their worthwhile.
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Q: Hi,
Everyone, as i am planning to buy plot in Ferns Aspen Heights, please tell me whether it right investment. If anybody having an experience about this project please share me . As i am looking for immediate purchase any plot available for sale.
Thanks


Latest Answer: I am in search of feedback about the locality (Devanahalli) as I have shortlisted this locality for investment purpose.
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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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