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?
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.
Hi Hariprasad,
I am also almost decided on buying an apartment at Ozone and it appears that the pre-EMI will be paid by builder till possession. However, they have not discussed the agreement terms till now. Will let you when I discuss the same.
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
I have purchased an apartment - Urbana Pavilion for which construction is not started. Mor ethan rent, I believe you get good appreciation
Hi Srikantha, Did you avail the pre-EMI option? Anyways, would like to discuss a couple of things regarding the documentation. Can you please let me know how i can get in touch? I can be reached on pantherleo@gmail.com
29th January 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
Hi Preeti, I am looking for a 3 BHK @ Urbana. Just wanted to know if you did book and avail the pre EMI scheme? Would appreciate if you can drop a note on pantherleo@gmail.com
29th January 2014
Ask a Question
Follow A Topic
Trending Categories
CommonFloor Property Search Mobile App now available on Android, iOS and Windows!
