Somesh Venkatesh, Bangalore
Q: How far is the Prestige Waterford, Whitefield from Borewell Road?

Latest Answer: Stamp duty and registration charges for Men in Bangalore is 5% on properties above Rs 35 lakh, 3% on properties between Rs 21-35 lakh, and 2% on properties less than Rs 20 lakh. Registration charges is 1% of the property value.

Q: I am planning to buy a 2 bhk apartment here and wish to know how much will be the built up area and price of the same. Kindly share the list of amenities if possible.
Latest Answer: What is the status of the project and which all banks and legal body has approved the same?

Q: Assetz Property Group has launched its project - Assetz Marq, on the Whitefield -Hoskote main road, Bangalore.
Latest Answer: Have all the approvals been obtained? What about Car Parking Space?

Q: What is the total land area in this project? How many villas they are planning to come up with and the sizes?
Latest Answer: Where exactly is the project located and how much time will the project take to get completed?

Q: I heard that the Bangalore International Airport is all set to make news as the GVK Group, the promoter of BIAL, announces to promote real estate around the airport area. Is that true?
Latest Answer: Government support in this regard will further speed up the real estate development process. A reduction in VAT on aviation turbine fuel from 28% to 5% will be an appropriate move by the state government to boost the growth of the aviation sector. Such a reduction will strengthen the competitive edge of Bangalore and transform it into an aviation hub for numerous companies

Q: I am planning to book an apartment in this project for investment purpose. Is it a good idea to invest in this project?
Latest Answer: I would not recommend to buy a flat in this the project as the carpet area is very low compared other builders. Normally it should be 70 percent to 75 percent of super built up are. I think their carpet area comes around 62 percent to 65 percent . Builder and marketing team will say it is 70 percent. But it is total lie. Please calculate this wall to wall excluding wall before you book it. Their quality of material and finishing is very very worst. Check with the people are who already took the possession. The marketing will commit you something but will never follow that. This is from my personal experience I am telling

Q: Where exactly is the project located as I am planning to buy a plot for investment purpose in Doddaballapura Road? What will be the price per sqft?
Latest Answer: Who is developing the layout? Who has approved the layout plan and what are the amenities provided in this layout?

Q: I read somewhere that SBI has increased their home loan. If it is so then how much they have increased?

Latest Answer: Along with Bangalore, the bank has a strong presence in Tier-II cities also. Mysore and Mangalore are among the few which has witnessed some traction and a similar activity is expected to gain momentum in Belgaum. Hubli and Gulbarga are some of the cities where the bank has not left its mark and has not shown much traction. More than 90% of the home loan portfolios is pitched in by Bangalore. even though few investors are actually dwelling outside the city.

Q: I am planning to invest in this project. Is it worth investing in this project?

Latest Answer: I bought a flat at Provident Harmony and have been enjoying my stay here. I work at Manyata and it just takes me 15 mins to reach home, even during peak hours it does not even take half an hour. I get time in the evening to enjoy with my kids. Very happy with my choice of the house here.

Q: I am planning to invest in Bangalore so want to know which will be the right place to invest and where I can expect good appreciation?
Latest Answer: I believe there is no place which is well connected as Electronic city. awesome bus service, neat place, and peace of mind specially on weekends.. people spend so much to get a clam and quite place the only thing i dont like here and it might be funny also , people tend to use High Beam always.. very annoying

Q: How many project have been approved by the State High-Level Clearance Committee in Bangalore?
Latest Answer: Addition to almost each and every growth sector of the state, will boost the economy significantly and will promote social infrastructure growth extensively. Growth of social infrastructure will be a boon for the real estate market of the state and will take it to new heights.

Q: How property valuation cell in Karnataka going to help the real estate market?
Latest Answer: The sole purpose of the Karnataka state government for proposing a permanent valuation cell is to give the guidance value revision process an extra edge. With the functioning of the property cell, it will be easy to keep a track of the property values and offer suggestion on guidance value revision at regular intervals.

Q: Why BDA dropped the plan of the corridor project?
Latest Answer: The BDA is thinking to generate huge funds from the sale of sites and apartments they are constructing at Kempegowda layout. BDA is also looking for funds from the Jawaharlal Nehru National Urban Renewal Mission (JnNURM) and the State Government.

Q: What are the benefits of CCTV cameras?
Latest Answer: Everyday many people enter and exit apartment complexes. So there are chances that vandals can slip in undetected and damage your property or camera system.

Q: Do Whitefield have the potential for further development?
Latest Answer: The project will offer 1,000,000 sqft approximately of salable area and will be developers as a residential housing project. the project will have good connectivity to the IT and ITes belt at Bellandur on Outer Ring Road. This project is going to be a landmark development in the location.

Q: Will the government take any action against those kind of construction?
Latest Answer: Yes governments taking the action to demolished such a illegal constructions.But the builders who make the construction were sold all the flats to the peoples.so to remove the citizens from the building which are illegal is a big issue.

Q: When BBMP is going to install dry waste collection centres in all the wards?
Latest Answer: The bench has also directed the BBMP to take immediate possession of eight sites offered by the BDA for waste management activities in the city.Earlier, the BBMP Commissioner submitted a study report undertaken in ward number 113, which says that all the MSW generated in the ward does not go to the landfill. The study recommended that debris like Bescom and BWSSB debris, illegal construction debris, hoarding and posters etc need to be regulated.

Q: How many units Keerthi Regalia is offering? Which are the banks that are providing home loan for this project?
Latest Answer: The project is still under construction. Any update when it is expected to be completed? What is the price of the apartment going on?

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