ram, Bangalore
Q: Can some one provide the feedback about SVS new project which is going by the name SVS PALMS .they have started new project with name SVS PALMS.I am interested in purchasing one apartment in it it wil will be grate full if someone can provide the feed back..on Their track record on quality of construction, quality of material, adherence to timelines, providing all necessary clearances for the apt such as A/B Katha, clean land records, experience dealing with them, etc. Please provide feedback on SVS Developers/constructions, Bangalore and their project SVS PALMS.Will like to know the price and the water supply in that area.

My replies to this discussion
I have purchased a flat in SVS palms. Currently its in initial stage. they got morethan 40 bookings and work is progressing well. They have already submitted the documents for bank approval, will get in another 2 weeks. I have visited other project of SVS Ananda nilayam at Ramamoorthy nagar. quality is good and they are sticking to the time lines and also they give proper response to the customers. If anyone knows more about SVS, please share your feedback. RamI have purchased a flat in SVS palms. Currently its in initial stage. they got morethan 40 bookings and work is progressing well. They have already submitted the documents for bank approval, will get in another 2 weeks. I have visited other project of SVS Ananda nilayam at Ramamoorthy nagar. quality is good and they are sticking to the time lines and also they give proper response to the customers. If anyone knows more about SVS, please share your feedback. Ram
I have contacted the SBI folk, who is processing the SVS plams for bank Approval. He said, there are no legal problems and it will get approved next week. from my end i had get it verified all the legal documents provided by SVS palms from the lawyer. as per the lawyer, everything is ok. ramI have contacted the SBI folk, who is processing the SVS plams for bank Approval. He said, there are no legal problems and it will get approved next week. from my end i had get it verified all the legal documents provided by SVS palms from the lawyer. as per the lawyer, everything is ok. ram
Hey Raj, You can reach SBI person at -Hey Raj, You can reach SBI person at -
My comments to replies
Hi - is SBI approval done ? any idea at what stage of approval its at ? the sales rep and the SBI agent tell its in the final stage from the last 3 weeks .. if anyone has applied for SBI loan , please let me know the contact person or your contact no....Appreciate your help.... Thanks
I understand from SBI and HDFC agents that they are asking for Family hierarchy of the land owner. Everytime SVS people have to contact MLA for any documents. so, it is getting delayed to get his appointment. Hopefully, approval will be done this week
8th October 2012
Just now, i have contacted HDFC agent. SVS palms, yet to give the Fimily heirarchy (land owner) document.
8th October 2012

Can anyone tell me the price you got??
hey saurav, everybody got for different prices. 3350/sqft is the current price they are quoting after the discussion. on paper it is 3500.
8th October 2012

Hey guys, whats your take, is it a good investment considering the price, location and Builder or we should also look into other options though i am not seeing any other good property in nearby proximity. Since they r increasing the price, I want to take a call ASAP.. Please share your feedback, Thanks
i hope, this is good investment considering the location and price while comparing with other builders.
23rd August 2012

Hi All, Did anyone did the 20% payment and got the sales agreement done. The marketing person is asking us to pay the 20% since it is going to be 15days from our booking tomorrow, but we are worried to pay as SBI approval is not done.
I hope, there are no legal problem. Legal check is already completed and SBI Lawyer has requested for Original copies of the documents. Arroval will be done in 3 to 4 days.
21st August 2012

hey guys, i was researching about SVS Palms. reading there website i saw a catch. the website of SVS carries the same content as that of prestige group. link for reference: http://www.prestigeconstructions.com http://www.svsconstructions.in/ seems something is fishy...I m even interested in property. If you feel its safe to invest please reply. awaiting to hear.
Nothing is fishy here. Its a safe project to invest and project is already approved by all leading banks SBI, HDFC & LIC after a thorough verificatoin by Lawers. This Property belongs to Local MLA.
22nd January 2013

Hi All, I have also purchased 3BHK flat in SVS Palms. The SBI bank approval is still pending, any idea when it will e completed?
Hi Srawya, i have contacted SBI 2 days back. I got to know that it will be approved next week.
18th August 2012

Did anyone paid 20% till now? I spoke to one marketing guy, he is little rude not at all caring for customer, for every question he is saying he will not commit anything whether it is gas, cement factory and the land in front of apartment for everything there is simply one answer he is giving if you wish to buy then buy otherwise not, no commitments will be given.
good news. but, is the project already approved by LIC?
23rd August 2012

Everything seems good except one point which I heard yesterday that G+8 construction is going to come up in the front site of svs palms. Any opinion regarding this? That site also belongs to svs. Svs palms would go completely behind and we will have to bear with the noise and dust caused by that construction and the tech park for many years..
i spoke to SVS. they are trying for G+8, that is true. But, they are keeping 30 to 40 feet gap between apartments.
21st August 2012

I do not see any website for this SVS builders, does anyone have any idea about it? did anyone visited their earlier construction?
I dont think, they will be keeping the bharat gas store permanently. when there is huge demand for land, no use of just keeping the gas store. i hope, it will moveout. If we go for branded builders like Prestige, we will be ready to pay more amount. But it comes to the small builder irrespective of the quality, we start thinking in all aspects. I think, if the land has no legal problems, we can goahead and purchase the flat.
23rd August 2012
not yet. .But,i am going for agreement in few days. Hey, i called you yesterday,your husband pickedup the call. he said he will be calling back. but didnt turn back.
23rd August 2012

Q: It seems there's proposed Bagmane tech park in front of SVS Palms, is that true?

My comments to replies
Hi guys, are you planning to buy a flat in SVS Palms project? If yes, then you can post your requirement by clicking on- Post your requirement.. Once you have posted, you will be receiving alerts regarding matching properties details through Email or SMS.
Hi Sandya, the builder is saying that it may take 1 more year to start the work for Proposed Bagmane. But, we can't believe as long as work is started
19th November 2012

My replies to this discussion
Hi Aishwarya, i have booked the flat in SVS palms 1, sometime back in Aug'2012. The project got approved by all leading banks like SBI,HDFC&LIC. Myself got loan approval from HDFC. you no need to worry about the approvals. Let me know if you need any other information.Hi Aishwarya, i have booked the flat in SVS palms 1, sometime back in Aug'2012. The project got approved by all leading banks like SBI,HDFC&LIC. Myself got loan approval from HDFC. you no need to worry about the approvals. Let me know if you need any other information.
My comments to replies
Any update when SBI approval will be completed for this project?
Hi Aishwarya, i have booked the flat in SVS palms 1, sometime back in Aug'2012. The project got approved by all leading banks like SBI,HDFC&LIC. Myself got loan approval from HDFC. you no need to worry about the approvals. Let me know if you need any other information.
18th April 2013

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