Deepu, Bangalore
Q: I am interested in CRJ Residency near Hope farm signal. Is there anybody who has already book the flat in this project? What is the prevailing rate/sq ft for 2bhk in this location. Is there any cons in this property?
My replies to this discussion
I 'm also interested in buying a 2 bhk in CRJ residency, Hope farm signal.... Any one who has already booked here ?? if so, wat is th sq ft rate ?? What about th builder ?? Anyone has visited previous projects by the same builder ??I 'm also interested in buying a 2 bhk in CRJ residency, Hope farm signal.... Any one who has already booked here ?? if so, wat is th sq ft rate ?? What about th builder ?? Anyone has visited previous projects by the same builder ??
I understand that there are some plans for widening the hope farm - channasandra road. In that case, the building would be only few feets from th compound wall.. Also since it is on the main road, if any further development activities takes place in future in hope farm signal , will that result to any aquisition since the building is on road side itself ???I understand that there are some plans for widening the hope farm - channasandra road. In that case, the building would be only few feets from th compound wall.. Also since it is on the main road, if any further development activities takes place in future in hope farm signal , will that result to any aquisition since the building is on road side itself ???
Q: Can any one pls let me know the documents i need to obtain from the builder 1) At the time of booking 2) On occupying the apartment 3) At the time of registration.

My replies to this discussion
I ‘m looking forward to buy an apartment at the hope farm signal (CRJ Residency). Came to know that there are plans to widen the road here (stretch from hope farm signal towards channasandra). When I enquired with the builder, he said he will be constructing the compound wall after leaving the area that is marked for acquisition (in this case distance between this compound wall and building would be around 15 ft only). When I enquired with the nearest SBI branch, I got to know that they have already sanctioned one loan for this project. In that case, is it really safe to buy apartment here ?? Is there some way I could know if any other development proposals/plans are in pipe line for this area ??I ‘m looking forward to buy an apartment at the hope farm signal (CRJ Residency). Came to know that there are plans to widen the road here (stretch from hope farm signal towards channasandra). When I enquired with the builder, he said he will be constructing the compound wall after leaving the area that is marked for acquisition (in this case distance between this compound wall and building would be around 15 ft only). When I enquired with the nearest SBI branch, I got to know that they have already sanctioned one loan for this project. In that case, is it really safe to buy apartment here ?? Is there some way I could know if any other development proposals/plans are in pipe line for this area ??
Builder claims tht the project is BBMP approved and is eligible for A Khata. Any one in the forum who has already booked apartments here ?? 2bhk of 1140 sq ft would cost nearly 52 lakhs excluding Registration charges. It's in th prime location (100 mtrs from hope farm signal), but is it worth spending this much since the builder is not well known. What would be ideal square feet rate in this area ?? Please help.Builder claims tht the project is BBMP approved and is eligible for A Khata. Any one in the forum who has already booked apartments here ?? 2bhk of 1140 sq ft would cost nearly 52 lakhs excluding Registration charges. It's in th prime location (100 mtrs from hope farm signal), but is it worth spending this much since the builder is not well known. What would be ideal square feet rate in this area ?? Please help.
My comments to replies
You have to look at the approved layout plan, approved building plan, ownership documents, carryout search, etc. Contact an advocate before you purchase a property so that he can advise you. Before you purchase a flat, you have to have a title and document search conducted by a competent advocate. You cannot do it yourself. You have to use the services of a competent advocate. It is a professional job to be done with professional assistance.
Thanks for ur response .. Armaan... I ‘m looking forward to buy an apartment at the hope farm signal (CRJ Residency). Came to know that there are plans to widen the road here (stretch from hope farm signal towards channasandra). When I enquired with the builder, he said he will be constructing the compound wall after leaving the area that is marked for acquisition (in this case distance between this compound wall and building would be around 15 ft only). When I enquired with the nearest SBI branch, I got to know that they have already sanctioned one loan for this project. In that case, is it really safe to buy apartment here ?? Is there some way I could know if any other development proposals/plans are in pipe line for this area ??
29th January 2014

Before purchasing a property for residential purpose, you should ask for sale deed, Khata certificate, encumbrance certificate, approved plan, sanctioned plan, occupancy certificate and NOCs. You can read this article for further clarification: Things to Know Before Buying a Property
Thanks for ur response .. Bhaskaran... I ‘m looking forward to buy an apartment at the hope farm signal (CRJ Residency). Came to know that there are plans to widen the road here (stretch from hope farm signal towards channasandra). When I enquired with the builder, he said he will be constructing the compound wall after leaving the area that is marked for acquisition (in this case distance between this compound wall and building would be around 15 ft only). When I enquired with the nearest SBI branch, I got to know that they have already sanctioned one loan for this project. In that case, is it really safe to buy apartment here ?? Is there some way I could know if any other development proposals/plans are in pipe line for this area ??
29th January 2014

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