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?
Hi,
I am going to book a 2 BHK flat in Ozone Urbana but am a bit worried if it would be right investment or not.
Moreover I am not sure how good is this builder and whether they are really going to maintain the pre-emi payment
till possession or not.
Also I am not sure whether the land is dispute free or not?
Please call me on 9902500554 so that I can get your opinion on this builder and can get your valuable feedback.
Please provide your number so that I can give a call to get the details.
Regards,
Subodh
Hi, have you bought the flat ? Just to see if we can group together about the info on this project.
20th February 2014
If you calculate taking into account that the complete loan amount will not be disbursed at the time of booking and is disbursed equally in the next 2 Yrs than you will not save any thing.
But I Went with this scheme with assumption that he is going to pay the EMI till possesion and I need not want to bother about the project delay.
But now when it comes to Tri-Party Aggrement the builder is asking me to sign on the Tri-Party Aggrement which mentions that the builder is going to pay the Pre-Emi till 31-March-2015.
If some one already went with this pre-emi scheme with ozone please let me know how what you did with the tri-party aggrement.
I have bought the 2BHK in pavilion. So far I have paid 10% of booking amount. They will make the agreement in Jan.
9th December 2013
I did mentioned in the booking application form that in the agreement it should be mentioned that builder is going to pay the interest till possession.
9th December 2013
Hi ,
I want to book the flat in Ozone Urbana , pls any one can confirm how is this builder & really worth for investment.
Regards
Veeresh
I was first time buyer, after some search on net found both credible and negative news abt the builder. I have bought a 2bhk at pavilion.
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
Dear Friends,
I'm Rishi. I'm also interested inthis project pavalion. I wanted to know risk factor and what is this PRE-EMI option.If anyone has booked it please help us to understand more. Kindly mail me at kaprishi1@yahoo.com
Hi
I have purchased the 2bhk in pavillion. The latest update is that they have send agreement copy to sign. What do you like to know, you can reach me at mailbkjain@gmail.com
20th February 2014
Has anyone purchased in Ozone Urbana Aqua or Pavilion? If so how has been the progress so far? Are you guys satisfied with the response from Urbana guys? I am interested in buying a 3 bhk, can I confidently go for it and believe that it would be completed by Mar 2016? Also, if someone has taken the 20-80 Pre EMI scheme from HDFC for this project?
-Preeti
I have bought a 2BHK in D block. So far looks okay. On request they have provided the documents to review.
9th December 2013
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