Devraj Shah, Bangalore
Q: Did Palike finalized the betterment charges? If yes the what are the rates they have fixed?
Latest Answer: As per the details shared by the BBMP, civic amenities are currently lacking in six categories of properties, which include residential buildings constructed by Karnataka Housing Board, Karnataka Industrial Areas Development Board, and Karnataka State Small Industries Development Corporation. In addition, civic amenities are also lacking in a number of areas which the Bangalore Development Authority has reconveyed. The category also includes those properties which have been regularised under the Karnataka Land Revenue Act Section 94 (C).

Q: Anyone heard about the project? If yes then please provide me few details about the project as I am not getting any?

Latest Answer: Thanisandra Main Road is one of the upcoming localities in Bangalore. There are various reasons why this locality is bound to flourish, one of it is - it will be developed to be the alternate route to Bengaluru International Airport. Hence good price hikes in the coming year or so, and proximity to everything in and around the area. To get more insight and detail regarding the same, contact me. Sharan Shroff (real estate agent@indiabulls) - 8105776694 sharan.shroff@indiabulls.com Assured good deals !

Q: I am planning to invest in a property but I am confused between KR Puram or Hebbal... Please help

Latest Answer: If you ask me I will advice you to go with KR Puram. As the area is close to the IT hub of Whitefield and Manyata Tech park which makes it a desired residential destination for IT professionals

Q: I am interested in this project. Can anyone tell me where exactly is the project located and which are the banks providing loan for this project? What is the present rate per sqft?

Latest Answer: When is the project expected to get completed and what is the current price going for the apartments in this project?

Q: Hi, What is the status of road widening work from Hebbal to Bengaluru International Airport? When is the project getting completed? How is the project going to impact the real estate?
Latest Answer: I completely agree with Mr Sagar. India has always been a sluggish market when it comes to civic infrastructural development. Bangalore being the premier IT hub of the country has been facing this problem for a long time. The five signal free corridors were expected to reduce travelling time, traffic bottle necks and provide good infrastructure to the residents. Sadly the project is delayed. There are rumors that it the government is unlikely to reduce its minimum bid prices and hence real estate development companies are skeptical joining hands with the government. Since the projects have already been delayed due to miscommunication between various government departments, I think it is unfair to pin any hopes of real estate prices unless the road widening work is completed.

Q: What is the latest price trends at Outer Ring Road?
Latest Answer: The rates of residential property here increasing from Rs 5410 per sq ft in the last quarter of 2012 to Rs 10500 per sq ft in the first quarter of 2013.

Q: How is the high rises concept working in Bangalore?
Latest Answer: Bangalore has ample number of space but there is lack of distinct high rise culture until now.

Q: When the interchange station is expected to get completed?
Latest Answer: The final and fourth Tunnel Boring Machine, Krishna will shortly enter the underground tunnel below the Magestic UG station now known as Kempegowda Underground station. Boring work is expected to be completed by December 2015.

Q: Is this project safe for investment ?
Latest Answer: Are they negotiating on price? I am worried about the delay and their additional costs are too high I feel, I am prepared to pay some premium for the HN Quality, but their delays in other projects which I am worried about.

Q: I heard that the price is now 6500.Is this true? Is the builder planning to hike the price again?
Latest Answer: The Bangalore International Airport has made Hebbal an important destination. Slowly but gradually the area is emerging as an IT Hub with several technology companies and parks. Moreover Hebbal has good infrastructure like metro, upcoming monorail and high speed rail networks. Of course you can expect appreciation.

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