Q:
Will the demand for affordable homes remain same this year as well? Please post your valuable comments
Latest Answer: The affordable housing has seen a good demand mainly in the outskirts of Bangalore because of the availability of land at a cheaper price points and the swift expansion of the city in all directions have encouraged real estate development even in the outlying areas
Q:
How far is the project from Sarjapur road? What are the types of units the project is offering?
Latest Answer: What is the rent going on for 2.5 BHK flat in Tower 1
Q:
I liked the project and planning to book a flat but before that I want if someone can provide me all information about project and builder?
Latest Answer: Hi Amarnath, Please share with me if you have any idea about the amenities the builder is going to offer.
Q:
Why the State Public Works Department (PWD) is planning to construct elevated roads?
Latest Answer: Yeah you are right but now it takes more than four hours to travel between Mysore and Bangalore. Now-a-days the traffic volume has increased during weekends and on holidays. According to sources, the KRDCL is currently conducting a detailed traffic study on the stretch.
Q:
What is the rate per sqft they are quoting for an apartment in this project?
Latest Answer: What is the property price going on in Hebbal? Is there any appreciation in the property price in Hebbal area?
Q:
I am looking forward to book a property in this project so want elaborate details about the project?
Latest Answer: We have booked an apartment in tower 79 in phase 1. The construction work has not progressed beyond the basement in towers 78 to 82 while there has been noticeable construction in the other towers. No definite confirmation has been by unitech although we have paid around 40% of the total amount. Do we have a recourse.
Q:
I read some where that the Maharashtra state government has approved the proposal of using 50% of rental flats built by the Mumbai Metropolitan Region Development Authority. Where are they going to build these kind of apartments in the city?
Latest Answer: The Mumbai civic authority is currently looking at various options for redevloping the dilapidated buildings, such as offering additional FSI to developers. It is also considering bringing about few amendments in redevelopment rules.
Q:
I am interested in this project. Can anyone provide me details information about the project?
Latest Answer: I am interested in this project... How much is the booking amount and what is the price of the apartment going on in this project?
Q:
I heard that BWSSB is not going to give NOC to buildings which do not linked to water source? How much is the statement is true?
Latest Answer: According to government reports, most of the housing projects do not comply with rainwater harvesting. To add to it, the increasing number of housing projects has also adversely affected the water table. Around 90% of the buildings in the city bank on water tankers and borewells. In accordance to a survey by the stamp and registration department, a number of flats are lying vacant in Bangalore, since homebuyers are afraid to purchase them due to water scarcity. Lack of water connection and tankers in such buildings have significantly contributed to the decline in possession of flats in Bangalore
Q:
When is the project going to launch? Which are the banks providing loan for this project?
Latest Answer: Is the project ready to move in? What is the current price going in this project?
Q:
When they are planning to start the booking of the project?
Latest Answer: Yes you are correct both the projects were launched two years back without approvals, and with the change in the approval process in Mumbai and the change in development control rules, the plans had to be revised.
Q:
Which are the areas in Bangalore that have seen mixed land use?
Latest Answer: Arterial roads like Whitefield Road, Bannerghatta Road, Hosur Road and Kanakapura Roads are most likely to witness such mixed use development.
Q:
How is the project and where exactly the project is located?
Latest Answer: I am planning to buy a property for myself in this project. What is the current cost of the project and how big is the project?
Q:
Is this a apartment or villa project? Is it worth investing for long term?
Latest Answer: I have booked a 2BHK Flat in Aqua and hopefully this is going to be the largest mixed township with Apartments, Villas, Plots, School, Hospital, Hotel, Old Age Homes, Mall and an IT Park. This is a 150 Acre land perhaps the property to the BIAL and bang on NH-7, the Bangalore-Hyderabad Highway
Q:
When is the project expected to get completed? Please proved me the price details also.
Latest Answer: I am planning to book an apartment in this project and want to know how much will a 3 bhk cost me. Has the project got all the necessary approvals from local body and banks?
Q:
Can I get more information about CMRS Oasis?
Latest Answer: CMRS Royal Orchid off Varthur Main Road is one of the completed project by CMRS in Bangalore.
Q:
What are the pros and cons of a studio apartment?
Latest Answer: So one have to be very careful while buying furniture. One can buy furniture such as convertible sofa cum bed and retractable dinning table
Q:
I have got a property in gift from my father, can i gift this property to someone else?
Latest Answer: For the execution of the gift deed you will have to pay the stamp duty and registration charges.
Q:
What is the reason that the developers are targeting small plots in Old Bangalore?
Latest Answer: These areas falls under the purview of the BDA, hence have well-planned and relatively broad roads. The areas also have parks, children’s play area and separate walk area for the elderly people. IT professionals also prefer these localities as it is close to Electronic city. As larger plots have already been taken by the developers, it is logical that developers have to focus on smaller plots.
Q:
How is the real estate market in Bangalore? Will the property price increase?
Latest Answer: In 2013, the residential launches will be stable. There will be an upward trend in the capital values of affordable and mid-segment housing. The demand for residential units will focus on localities like east, north and south east Bangalore. The rental values will remain stable. The residential real estate market has gone up precisely, mainly in Bangalore, over the past two years.Over 2.3 lakh residential units are estimated for completion in three major cities – Mumbai, Delhi-NCR and Bangalore. Looking at the current absorption rate, the property prices are expected to increase by 10 to 15 percent. The demand may increase in the mid-price range across all cities.
Q:
Which are the banks that are offering home loan for Mulberry Woods and what are the amenities provided?
Latest Answer: How is Saran Developers as a builder and how is their reputation?
Q:
Is Indian real estate going to see a boom in the future?
Latest Answer: Immediate step that need to be taken is to issue licenses to those operating in real estate dealings and keeping a database of all the consultants, keeping a track record on their practices and penalizing them on their wrong deeds would bring more confidence for buyers while dealing with a consultant.Along with strict actions against fraudulent activities by any consultant, registration and tracking system has to be placed as this will bring more transparency in Indian Real Estate Dealings.
Q:
I heard that BMRCL to build an office space. What is the reason?
Latest Answer: Nearly two-third of the money that grows this additional provision will go to BMRCL and the remaining money will be distributed among various stakeholders such as the city corporation and power and water utilities.Currently, the Bangalore metro, called as Namma Metro (Our metro) operates its rails to six stations along a 6.7 km stretch. The first phase of the metro which is due to be completed by 2014 has two lines and is expected to cover close to 42.3 kms and 41 stations, including the one where the two lines intersect.
Q:
What is the concept of deferred payment? Is this going to help the home buyers?
Latest Answer: Bangalore based developers have not yet adopted the concept in full swing, many developers have incorporated a modified version of it. According to Avinash Rao, Regional Director- South, Knight Frank Pvt. Ltd, several reputed developers have announced the concept of deferred payment in Bangalore but not all of them absorb the interest completely. Though the buyers does not get much benefit but still it is a deferred payment which many prefer to opt for.
