Aravind Kumar, Apartment Resident
Q: Please advise how's the deal in any better option is available near by. Regards, Paras

My replies to this discussion
Hey Paras, my contact number is 9916167991Hey Paras, my contact number is 9916167991
I have also booked a plot with them in Venus county Phase 3I have also booked a plot with them in Venus county Phase 3
Hey guys, did anyone registered your site in Venus County? lets discuss it may help others who are looking for it.Hey guys, did anyone registered your site in Venus County? lets discuss it may help others who are looking for it.
My comments to replies
Hi, I have also booked a plot with them at Venus County. Waiting for registration as the plots are yet to be cleared by BMRDI. I don't have more information about them.
Hi Kanthi Sridhar, they are quoting 1450 per sq feet in phase 3, inveseting in Jigani is good. i have also booked a plot with them in venus county phase 3.
12th April 2014
Hi Sujeet, Did they inform you when its going to be cleared by BMRDA? because i have also booked a plot in phase 3 and waiting for Clearence by BMRDA. and did you paid 25% of the amount already?
12th April 2014
Hi all, Please let me know if any one have a plot at survey number 168. in phase 3.
15th February 2016

I have also booked a plot with them in Venus county Phase 3
Hi Seshadri, yes its been cleared by BMRDA and in phase III 40% of sites are released you can go for registration and 60% of sites awaiting released by APA (BMRDA) so if you select your site in those 60% then you have to wait for registration until its get released by APA.
22nd April 2014

Hey guys, did anyone registered your site in Venus County? lets discuss it may help others who are looking for it.
Mangal, i am waiting for site to get released by ATA (BMRDA) for registration. and now they are quoting 1500 rs per sqft.
6th May 2014
Hi all, Please let me know if any one have a plot at survey number 168. in phase 3.
15th February 2016

Q: As mentioned, I have purchased a site on Anekal Jigani road (6KMS from PAC Circle) on loan. Is there a rule that if we purchase a site on Bank loan we should construct house within a stipulated time frame? When checked with the Axis Bank from whom i have taken the loan, they informed me that as per new RBI rule we have to construct house within 18 months of site purchase. Currently i cannot construct a house there for another min of 5 years as the area is not developed. Please advise if i have sell the site or keep it. Thanks, Vishwa

My replies to this discussion
Yes Tejas, Sree Potamal is right. if you brought a property loan then you have to start construction so you can check with LIC guys because they are providing Plot loan and if possible you can transfer the loan from AXIS to LIC. visit the nearest LIC office to get more informtaion on this.Yes Tejas, Sree Potamal is right. if you brought a property loan then you have to start construction so you can check with LIC guys because they are providing Plot loan and if possible you can transfer the loan from AXIS to LIC. visit the nearest LIC office to get more informtaion on this.
Good evening Tejas, this rule is not apply to LIC because they provide Plot loan for the period of 10 years, and you can build your house anytime you want. but sorry i dont know anyone personally from LIC. but you can visit the nearest branch or enquire online about this with them. ThanksGood evening Tejas, this rule is not apply to LIC because they provide Plot loan for the period of 10 years, and you can build your house anytime you want. but sorry i dont know anyone personally from LIC. but you can visit the nearest branch or enquire online about this with them. Thanks
My comments to replies
Hey Tejas, If you are buying a property on loan then there is a time frame set by the bank that you have to construct a house in that time frame. If anything such is mentioned in the documents then you have to build within the given time period.. Once you can talk with the bank people in this matter and check if you have to pay anything for not construction the house and keep the site empty for another 5 years.
Tejas, if they are asking 1% increased interest rate for rest of the tenure i think it is a good option for you, because if you sell your site now you won't get more hike and Anekal jigani is upcoming super areas in south bangalore, 300 feet STRR road coming near anekal and Metro also propsed in both Bannerghatta road as well as Hosur road and more over Surya city phase 3 and phase 4 coming near to that area so if you manage to keep your site for next 5 to 10 years surely you will get 3 to 4 times more money what you have invested now. thanks
23rd April 2014
All the best Tejas :) i hope and wish you may start the construction soon and have your dream home.
25th April 2014

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