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Real Estate Forum in India

Real Estate Property Discussion Forum and Guide to Real Estate Queries in India

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Q: Hello guys, I happened to hear that the works of the Outer Ring Road project of Mysore is not going smooth. Can anyone tell me what is the reason for this? What are its inplications on the development of the area as well as the real estate of the Mysore?

Latest Answer: I think the work for ORR was started over a decade ago. Most part of the road is ready. It was recently that the urban body is building the 9.33 km of the ORR. Now this ORR loop cannot be completed without building the 800 metre stretch. MUDA requires the land urgently to take up the preliminary works before building the roads. But, i think the APMC has promised to get the necessary clearance done within March 2015.

Q: Hi there, I wanted to know the issue related to the price of housing in mysore. Is there any news about this problem relating to the escalating price of housing? Can anyone give some info?

Latest Answer: I gotta know that the Floor Area Ratio for Mysore is pegged at between 1.25 to 1.50. This is lot lesser than that the FAR of Mangaluru which is 2.5 to 3. The stakeholders have approached the Mysore Urban Development Authority and the state government to increase this ratio. but I think there has not been a measure in this direction.

Q: guys, can I know more about the problem of sand smuggling that is often happening in Mysore?

Latest Answer: these officials are receiving more than 5 crores on a monthly basis. Only the higher authorities can be able to stop this. This illegal mining is degrading the face of mysore. The sand mining is having huge environmental impacts on the region, especially of the water source.

Q: Hey everyone, I came to know that there is some development going on in the direction of waste management. Can I know what it is actually? Is there any initiative that is taken for making Mysore pollution free?

Latest Answer: the actual plan is that they are enforcing the Plastic Waste (Management and Handling) rules of 2011. It is related to authorisation, manufacturing, recycling and disposal of plastic and creating public awareness as well. this is really a boost for the image of Mysore.

Q: Is it true that The Ministry of Urban Development on Wednesday hiked floor area ratio rules for residential plots in the Capital.

Latest Answer: But they think that increase in FAR shall be effective if included by an increase in housing units, density and height. Offering the higher FAR will make the apartments bigger, and with no change in density norms, ticket-sizes may rise as well.

Q: All developers doing big projects in the suburbs are stuck because of poor sales and they are looking at alternatives to sustain the business.

Latest Answer: Hi Javed, As apartments sales in the middle and high income segments are showing no signs of improvement, many builders are seriously stopping big project & looking for plots to start budget homes. Budget homes is something which will be suitable for lower income & middle income group people.

Q: Anyone having idea about possession of sikka karmic sec 78 project
Latest Answer: I have booked a flat in Rejoice and have been told recently that I will get the possession in Mar'15 by the Sales team at Sikka Karmic Greens. However when I have called Preet Vihar office last week they said it would be Dec'15. Don't know by when possession would start for Rejoice???

Q: I bought a apartment here, but skeptical about future progress. Builder says Japanes township is starting, OMR bypass is coming and many goddies are hapenning in near future... I am not sure..looking for expert openions..
Latest Answer: Nothing happened in the last two year based on your conversation date, there is nobody coming for rent as there are more than 1000 houses are available in the community

Latest Answer: Hi Sourabh, You can drop a mail at support@commonfloor.com with your requirement. Thank you

Q: When I booked the apartment, they promised a July, 2014 delivery. When I registered it, they said December, 2014. Now I see that construction in the Annexe block has completely stopped, and the sales team say July, 2015 whenever I ask them!
Latest Answer: Hi , As per my knowledge, Neel Kamal Annexe is one of the popular residential project is OMR road, Chennai. This project is located near to SIPCOT IT Park, which is one of the most famous IT Hub in Chennai. This area is a prime residential location with decent environment. This project project offers 2 BHK & 3 BHK apartment , area ranging from 1060sq-ft to 1374 sq-ft. Builder quoted price is around 4300/sq-ft.

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