Jan 042012

DSR Sunrise Towers @ Chennasandra, Whitefield

DSR Sunrise Towers is an apartment project that is soon to be launched on the Chennasandra Road. The project is located facing the main road running from Hope Farm Junction to Chennasandra Village. Other projects in the neighbor hood include White Acres Villas and Whitefield Bougainvillea.

DSR Sunrise Towers Elevation

DSR Sunrise Towers Options

  • 2 BHK
  • 3 BHK

DSR Sunrise Towers Location

DSR Sunrise Towers Price

Further Details Awaited. DSR Greenfields located further inside had apartments starting from Rs. 32 lacs, however DSR Sunrise Towers location will definitely mean an increase the price

DSR Sunrise Towers Concerns

  • Chennasandra road sees a lot of heavy traffic mostly HTV’s in the form of Goods and Fuel carriers as the road is used to access Food Corporation of India and Fuel storage units located further on NH 207
  • Share a concern

DSR Sunrise Towers Investment Plus Points

  • The last 1 year has seen widening of NH 207 and the project is located just off this road. Further developments in this route are expected after the widening
  • Proximity to office areas at ITPB, EPIP Zone
  • Access to school such as Whitefield Global School, Gopalan National School
  • Metro Phase 2 at Ujwal Vidyalaya being the closest Metro station
  • Access to Volvo Bus facilities from the Hope Farm junction

Take the poll – Is DSR Sunrise Towers a good investment?

  112 Responses to “DSR Sunrise Towers”

  1. This is an update on the OC issue. We had a meeting with the DSR management yesterday and we have been told that they’ll be getting the OC in a week’s time for DSR Greenfields. They already had got the OC for Spring Beauty. For Sunrise, they’ll start the process on completion of the project and the expected date is mid-nov.

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    • Small correction, the update was for DSR Rainbow Heights and not for Spring Beauty.

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      • Hi Owners of Sunrise towers,

        I am also interested in buying in Sunrise towers, but have the following concerns:

        1) There has been quite a lot of bad comments on DSR. Mostly about Green fields project. I do understand that the architect of Sunrise towers are different. During the site visit, I found that they are providing most of the things same as in model flat and found the site quite nicely organized. Would like to get your comments on this.

        2) I read online that, Jan 2014 was supposed to be original possession? Is it true?

        3) A big concern is out of 228 apartments, only 90 has been sold so far. On the other hand, they are quite transparent so that end user knows what is the current situation.

        4) Carpet area is around 72%, which i think is quite common now a days!

        5) Anybody verified the legal documents of the project?

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        • I do not have any direct information on DSR green fields so I would not comment on that. Here are the answers to your other questions.

          1. There are some changes in the overall plan which is there on the website, but the DSR team should be able to tell you about. For some of the changes, we are still under discussion with the DSR team and hope that there is a closure soon.

          2. That is not correct, the original possession date was oct 2014 only.

          3. DSR sales team had informed that this has been the general trend with many of their projects. The sales pick up towards the completion of the project.

          4. The comment itself shows that you have done enough research! It is indeed quite common these days.

          5. I personally didn’t, but I know that there are others who have. I booked the flat in Feb 2013. Some of those who booked earlier had got the documents verified.

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          • Thanks Dharmendra, I have already booked the flat and have a comment to all those who are visiting this website. Please go and see DSR Sunrise towers and judge for yourselves and dont get biased by comments (particularly some intentional comments against DSR).

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  2. Just saw that many of the comments are posted on a different site by people with different names on another site -> http://www.proptiger.com/bangalore/whitefield/dsr-infrastructures-sunrise-towers-511447. It cannot be a coincidence for sure.

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    • Unfortunately the proptiger team has a habit of copying comments from this site to their site, though I have bought this to their notice few times no action has been taken :(

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      • hmm .. What you are saying may be true Harsha for some cases, however in many cases they are posted first on the proptiger site. I feel some of the comments may be illegitimate. If we can provide a unified view for a user activity on the site then we may be able to reduce such cases.

        In any case, what you’ve provided us is already very helpful. There will be false positives always, but the end user can make use of one’s own judgement, combined with one’s own knowledge to make better use of the online resources.

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    • Agree Dharmendra …it can’t be coincidence but we need to understand birds with same “feathers” will flock together :) . .. At this age of copying and paste individuality of genuine expressions are lost.. And as Harsha expressed we realise these as some of the ills of social forums .

      All said and done in spite of repeated bashing and with due respect to all people with their views and concerns about DSR Infra and builders – Sunrise project is proceeding atleast to our satisfaction and we are happy with response from DSR site engg , tech team, sales team and management. We have confidence that it will pan out the same way in future.

      ND. On behalf of Flat owners at Sunrise towers with no legions to DSR Infra .

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  3. Are the villas that are getting constructed behing DSR sunrise towers, from Prestige? Prestige Mayberry. Anyone aware of?

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    • Yes that true

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      • Please do not buy from DSR Builders..they do not have good engineers and architects..we bought an apartment from DSR and the water started leaking from the building..the quality is very pathetic..no planning..better pay some premium and be happy in the place where u live..would suggest everyone
        to check with the dsr apartment old owners before you book.

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        • Hi Archana,

          Which apartment are you referring to? Can you share more details?


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          • Thanks Archana,

            I was also checking about DSR and information is correct.

            If someone really want to see the situation/quality of work then try visiting DSR greenfield (near hopefarm circle). Residents are having big problems with construction quality …….. I visited the apartment today while visiting sunrise tower.

            I am thankful to Archana that I just thought of visiting completed projects of DSR.
            Now atleast I won’t consider DSR as one of the option and never recommend to anyone.

            Warm regards,

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          • Even I was interested in DSR Sunrise but dropped the idea after speaking to my acquaintance in DSR Rainbow heights. They have lots of issues with the builders – quality of constructions, delays (2 years) and unexplained charges towards maintenance etc. I also heard similar feedback from a colleague who has purchased apartment in DSR Greenfields (delayed by close to year and still needs 6 month before it will get completed).

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            • I had seen Greenfields sometime in February and almost all the work except i think one block was pending. They told me hat the possession is by June 2013 which looking at the progress i thought was feasible. So is Greenfields not yet occupied by residents?

              In Sunrise Towers I could see the structure work completed with some flats being painted and some plasterings on the outside of some block.

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              • I had a long chat with my colleague and he mentioned that project is nowhere near completion, even after 10 months of delay – few of the block have been occupied as the owners were not able to bear burden of both rent & EMIs – bescom power supply is not there, none of the amenities work is complete, basic civil work, plumbing, electrical are being completed for few blocks. External plaster and painting is not complete, roads are not laid, parking area is being used as dumping ground, water treatment plant & STP are not … feeling very lucky that I decided against putting my money with these guys.

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            • Hi
              Am staying in dsr rainbow heights since from beginning of project completion, neither the project was delayed even for 2 month, since am one of the association member of 266 flats apartment.
              All the facilities got handed over within given time and we all enjoying the facilities.
              Being am flat owner in dsr rainbow heights , I know the project was completed on time.

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              • Hi Ravi,
                A couple of questions:
                1. When was DSR Rainbow heights delivered to residents for residing.
                2. Are there any construction issues like leakages.
                3. Were all the promised amenities delivered on time or were they delivered many months after the residents occupied the flats.
                4. Which flat do you own in DSR Rainbow heights.

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                • Hi,
                  My flat red block, project delivered within given time, since Oct 2012
                  Till now no issues or leakages, all the amenities are ready from jan 2013. Builder have given everything as per the project specification.

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        • Hi Archana’
          Could you tell more details on what issues you faced with them? I have DSR Sunrise shortlisted, but after reading the commets , I am having two thoughts about it

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          • DSR price will be always less than the premium developers. So do not get attracted to this offer.
            Everyone should understand we get what we pay for. I am a owner of dsr apartment that is why I am

            The below things I did not like from the builder

            1. Water leakage from the top floor
            2. Vitrified tiles not laid properly and is of low quality
            3. No quality inspection done in the building..
            4. Delay in the possession
            5. Mostly check about the completion certificate or possession certificate.

            I would request you to go for a premium builders so that they themselves maintain some standards..you wont find these things in dsr builders.

            The best way to validate is ask the builder some references in the project
            they have completed and then decide.

            Check the old project and the new one..All are of the same issue.

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            • I was invited by a relative who has moved into DSR Greenfields (G+4) last week and since I am looking for an apartment in Whitefield, I wanted to do more research on this builder as Sunrise was one of the projects I was keen on. As per the discussion and my observation, problems highlighted here are consistent:

              1) This person was given a handover commitment of January 2013 and in December 2013, the project has lots of unfinished taks.
              2) No Bescom power supply – residents using commercial supply for fan and lights
              3) Water treatment/supply is intermittent
              4) No amenities in place – except few broken rides in the play area & a pool with swarm of mosquitoes
              5) Major structural design flaws (balconies facing each other at space of 5 mts), diesel genset placed near sharp curve as you enter the apartment building…
              7) Noticed seepage /dampness in the living area and in the basement parking area too

              Not sure if anybody will trust them with big budget projects if they can’t get mid-sze project right.

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              • Abhinav,

                Appreciate your observations and those are in-line with what I heard from my colleague. Unfortunately, he decided to go with DSR Infra and is fighting to get his due right.

                Happy house hunting.

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              • I am keen in buying an apartment in the vicinity of Sarjapur-Marthahalli-Whitefield and had shortlisted DSR Woodwinds & DSR Sunrise before I savored some samples of of DSR Infrastructure.

                On Christmas, I visited their project by the name DSR Greenfields and was accompanied by a friend who is civil engineer as I had read a lots of negative comments about this builder. Here are some of the things that we noticed:

                1) Security is not present. We entered the project site without any checking or request for entry.

                2) Project is 3-4 month away from completion..if they work regularly on site. I did not notice any work being carried on even though it was not a holiday for them..most of the workers seems to have been shifted to other project sites.

                3) Swimming pool location was absurd…neighbouring flat owners will have a complete view while it has been kept away from the view of people purchasing the flats

                4) Play area was in shambles..poor rides/swings & rubble.

                5) Crooked walls were a common sight and really a question mark on the capability of the builder

                6) Apartments that we saw were pathetic,,poor floor plan, inconsistent layout, lack of privacy is not something I will expect even from a mediocre builder

                7) Basement was huge but again full of leaking pipes, without lighting, stray dogs too.

                8) There was only 1 good thing about this project on the brochure – landscaping /greenery – but my friend noticed lots of deviation in the plan and landscaping / greenery. When we asked the sales person, he feigned ignorance and said the property will be developed as per the elevation plan. On meeting some residents, the truth came out, the builder is trying to short-change the buyers by taking out the green area/landscaping and converting them into open car parking . If this happens, I will suggest the DSR Infrastructure and apartment owners to change the name of the project from DSR Greenfield to DSR CarPark.

                Hope this will help future buyers of DSR Sunrise, DSR Woodwinds, DSR Ultima, DSR Greenfields, DSR Eden Greens, DSR White Water, DSR Grandeur, DSR One in their decision process. My simple suggestion for apartment buyers is to visit the projects being completed by the builders (any builder) to understand the gap between what is being promised and what will be delivered.

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            • Archana & others
              I live in Spring Beauty Apartments (one of the 1st few projects of DSR) for the past 7 years. I have booked another apartment with DSR Sunrise towers. For sure, I can tell you that if I had the issues that you are mentioning, I would not have gone to DSR Sunrise. But I dont think thats the case here. Sunrise Towers is already ahead of schedule till date. From my past experience with Spring Beauty Apartments, I can tell you that DSR has delivered all that were promised & on time. I have personally recommended many to DSR Greenvista near ITPL & from my understanding the referred ones are happy till date. Hence, I dont think / believe the information provided by you is correct.
              I am also seeing few posts targetting Pundaleek Pai. From whatever I have dealt with him so far, he has been very courteous & supportive. One thing that I can tell you that no builder is perfect, DSR is neither. But I can tell you that DSR does not shun / run away from issues & instead they fix them. I have been a happy DSR customer for the last 7 years & many more years to continue. I would only request those posting messages to post facts than false information.


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              • the message looks like from the builder. i donot agree with you ..
                building lekages happen after 1 yr .better to be safe. dsr was never a professional company.They are involved in cheating and building apartments without any sancation.

                Have you got your completion certificate ?

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                • Archana & Shankar,

                  You have hit the nail on it’s head. I surveyed DSR Greenfields as prospective buyer and found that the DSR Infrastructures is a sub standard builder. Quality of work is not at all good, there is hardly any amenities and builder has left the project in bad shape. I spoke with 3-4 owners in the apartment and all of them were disappointed with the builder.

                  My brother-in-law and I were initially looking to invest in DSR Sunrise but have now changed our minds.


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            • Hi Archana,
              Appreciate your feedback. Which project are you referring to wherein you faced these issues as I have shortlisted one of DSR projects and as far Spring Beauty and Greenvista are concerned I received decent feedbacks.

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          • Don’t ever touch DSR apartments from DSR Infrastructure Pvt. Ltd., we had decided to invested in their DSR Ultima project and cancelled the plan after seeing the progress and quality of work at other projects – DSR Rainbow Heights, DSR Spring Beauty, DSR Greenfields.

            The common problem with this builder is deviations (you will not get NOC from authorities – please check with owners of DSR Rainbow Heights, completed 2 years back) even the owners of DSR Ultima and DSR Greenfields are frustrated withe the delays and planning to take legal action against the builder as he has changed the plan and giving them very few amenities. Instead they are saving money by cutting short on amenities promised, building parkings in the open space (originally planned for landscaping – this was also done at DSR Spring Beauty and residents had to initiate legal action against the builder.

            The quality of planning, execution and workmanship is pathetic..speak to some of their project engineers, supervisors and you will be able to judge their skills. They employ their relatives in key roles – project manager leading the DSR Sunrise project is the owners brother-in-law.
            They also sell the premium flats to their relatives and throw-away price and spoil the environment of the society.

            Plumbing and electrical work at their projects is a joke..please verify with the owners of DSR Ultima and DSR Greenfields on their sufferings. The contractors employed are again relatives of the builder and no action is taken against them for poor quality of work, exorbitant charges and gross indiscipline.

            The promised amenities always remain a promise and not delivered….any one of you can verify this by visiting DSR Ultima & DSR Greenfields

            DSR are not trustworthy – They don’t get you occupancy certificate, Khata, rain water harvesting systems. Their bores dry up within an year of operation.

            Visit the completed apartments of DSR and talk to people before making decision – DSR Ultima, Spring Beauty, Elegance, Green Vista, DSR Greenfields…

            Spring Beauty area was under litigation.. i guess now its solved

            Elegance – built on drains

            None of these have OC, Khata in place.

            Even if you have to spend a little more with a better builder, please do that and have a peaceful sleep

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        • Please tell us which apartment you are staying. Otherwise, please stop commenting against any builder without solid proof.

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  4. Hi,
    I enquired about an apartment in this project. I’ve got a quote 4450 (4325 + 125 floor price) for an 8th floor flat. Could you please suggest is it good from an investment point of view?

    If not, could you please suugest any similar/better projects in this locality?

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  5. The rates are decent considering that many new projects such as UKn Belvista, DNR Atmosphere etc. which are getting completed in end of 2015 are quoting 1 crore plus for a 3 BHK. Once the metro construction starts, prices are expected to shoot up in this area. Hope farm has other premium builder properties such as Prestige and Sobha Habitech.
    Compared to DSR Ultima on Haralur Road (which comes out to almost same total cost), Sunrise Towers is a much better investment considering the location and the specifications of the fittings/amenities. Not sure about the timely completion aspects – only recently they have started big projects. DSR Woodwinds appears to be on time.

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  6. The builder is not much willing to negotiate on the rates. The sales guy (some Pai) sitting at the sales office looks least interested to sell the apartments – he keeps telling you that he is selling the flats like hot cakes, but the reality is that the sales is dim. You can check the availability details in the site itself. With this being an exclusive 3 BHK property and with this kind of attitude from sales guys, DSR will take ages to fully sell these apartments. With slowdown in the IT sector with miniscule hikes and incentives, the builder might have to give deep discounts considering that the major buyer crowd are IT professionals in Bangalore.

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    • pundaleek pai does not know how to talk to customers.

      when we asked for showing the construction site he asked us to come before 5PM as it was already 6PM.

      Next week we went at 3:30 PM and he again asked us to come before 5PM i asked is it 5 in morning :-) and got annoyed on him..then he gave excuses like it dim daylight and not safe after too much of reluctance he showed but no courtesy while giving a walk through all the time he was busy on phone rather then explaining anything.Rate negotiation he is very rude.

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      • Even I experienced the same situation and even I was not allowed to visit the site at 4.30PM. What Pundaleek said was that it may take around an hour or so if you do a site visit and there could be issues seeing the property since the building is under construction. I was also mad at the moment and i was wondering why would i take an hour . But after a few days I again went back to give it a last try and believe me when I did the site visit it took me almost 1.5 hours to properly see the property. Also even during afternoon hours some places were dark probably due to the cement structures. So in that sense I feel what Mr. Pai said and did is not inappropriate.

        Also I also faced a similar thing during negotiations but then I experienced the same thing with A grade builders as well wherein they do not negotiate. What I have felt(and this is my thought as sometimes this comes true and on occasions it would turn to be wrong) is that if the seller is not willing to bargain to a big extent then probably its the correct value of the item and if he is willing to negotiate a lot then we would not be able to confirm what is the right price and for Sunrise all the new properties that are being built with similar amenities charge more or on similar rates.

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        • for us it took probabaly 20 mins to visit the site and check the unit we were interested in.

          Not sure what we have to do for 1.5 hrs :-)

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          • I have bought an apartment here and i also agree to the comment that it takes more time to visit the site.

            I have been regularly visiting the site and each time i approx. take around 2 hrs just o check everything.

            Our experience with Mr. Pai as well as all the support staff at site has been very good. They are courteous and always ready to support our requests.

            Mr. Pai has also helped us visit the site on Sunday morning even if it is a holiday. Mr. Swami – senior engineer at the site is also available for all discussions from morning 9 to evening 7 on all working days including Saturday. This has been very helpful to us.

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          • 1 Rude during negotiation.

            It is universal truth that every salesman, come whatever product they are selling, will be rude if bargaining goes beyond benchmark. Test your negotiation skills in Madiwala vegetable market before thinking about buying a real estate property.

            Construction site visit

            First let me share my experience before anything. On 9th June, 2013 at 3PM, after handing over my payment and wanted to see my Flat#454, the response I got from the project site team was “Sir, it’s very windy hence we do not advise you to visit the flat”. They mentioned that due to strong wind was blowing, there is a possibility that some construction material may fall and could cause injuries either to me or my family. It was also told that, usage of crane was stopped because of the heavy wind which was a fact as I personally saw that the crane was not working at that time.
            I followed their advice because 1. There was heavy wind on that day 2. Crane was not working 3. Since family is important than visiting the flat at that moment. So judgment should be based on situation rather than a relationship of customer/salesmen. If we think on positive way then we realize what he told is in the interest of customer. If it is negative thinking then we feel that he does not know how to talk with customers. It is individual thinking approach.
            As a buyer, personally I prefer to visit the sites during day time. So that atleast we can judge how much sunlight will be in the apartment. This thought process applied by most people not only for buying even for rent also. So that surrounding areas also we can notice whereas in the dark time not possible. All these are buyer precautions otherwise we are the victims of our own decision makings.

            No courtesy while giving a walk through all the time he was busy on phone rather then explaining anything.

            Before finalizing this property, I would have made around 50 calls to different builders in Bangalore. Like me there are many people in Bangalore who wanted to purchase an apartment would be calling these sales guys. Further it is a well-known fact that everyone will do window shopping, come whatever product they want to buy. As a salesman, it is his obligation to answer all calls that come to his mobile otherwise he may be losing the potential buyer.

            Not sure what we have to do for 1.5 hours.
            If you are a genuine buyer it is your responsibility to find out the following at the site
            1. Outlook of the unit you wanted to buy. Dimensions would be available in broacher/internet, but it is individual interest to know more details of unit layout like ventilation, windows size and positioning etc.
            2. The difference between the selected unit and other units of the same block and also in other blocks.
            3. Should know the provisioning of amenities that are common and its accessibility to the unit individual proposing to buy.
            4. Car parking and its implications to individual driving skills
            5. Infrastructure at the property – both for constructing such high raise building as well as to safe-guarding measures.

            in addition to the above list of points there are many others to be verified, depending on inviduals, when we visit a prospective apartment buying site.

            Since Dec, 2012 i am a regular visitor to the site and i have not faced any kind of rudeness from any of site members leave alone pundaleek pai.

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            • Its personal choice and I got these things from another builder which is more reputed then DSR and bought the same :-)

              Before you gave a big “GYAN” for others to look, a genuine buyer would look at his flat etc before handing over the cheque and not after :-)

              One more quick thing if you think attending phone calls was more important then the customer who is with you for a site second time visit and could buy so you may loose a much potential customer then the ones who are on phone with you :-)

              so be happy with your choice.

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              • Glad to know that you got the things from another builder as per your personal choice.

                If you have read my response thoroughly you would have understood It was not my first payment as i have mentioned “Since Dec, 2012 i am a regular visitor to the site and i have not faced any kind of rudeness from any of the site members leave alone pundaleek pai”

                Ofcourse till date I am happy with my choice and also I believe in the philosophy of respecting others.

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        • Has anyone booked recently ? What’s the best price we can expect ?

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          • It depends on how the survey is done. I went through all the flats from Block A to Block D and looked at each and every flat on a single floor and also the entire surrounding of the property. I was looking at an end use property and not for investment. So spending a few hours was something that I felt was not a waste.

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      • We have booked an apartment in DSR SUNRISE recently. We never felt Pundaleek was rude or not interested in showing/explaining the property. He has patiently answered all our questions.

        We liked the location of the flat and construction also looks good. We had a look at their other completed projects and looks like they have delivered the flats on time.

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        • Hi Abhishek,

          At what price you book the project ? As the project is around 60% complete did the looking for 60 % money now ?

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          • The rates are 4400+floor rise at the moment. Yes, they are looking at 60% of the money now.

            I was also told that I had to pay this amount within a month and they would charge interest above that. Was also told that disbursements should reach them within 10days of request (along with all bank processing) else they would charge interest.

            I am worried about these points since this does not instill confidence in the builder – I would imagine that the timelines would be a little more flexible with a good builder (or one who is not in need of money urgently).
            1 month for the entire due payment means banks like SBI are out of scope.
            10days is a little to tight – I would expect it to be 14-21days, again the time someone like an SBI might take.

            The guys who have signed the agreements – what are the clauses on payments like and how have payments been handled?

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            • You can request builder for additional time.If you give genuine reason he will agree.
              I have taken loan from SBI and was quick once loan got disbursed (5 days).

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      • I would beg to differ in my experience with DSR sales team ,that to specially with Mr Pai .I had booked my flat few months back after having weighed all other options /pros & cons of the near by upcoming projects . My interactions with Sales team specially Mr Pai has been very cordial over all these days . Though I did find him stubborn with price negotiation but I liked his frankness . I selected DSR because of the transparency in dealing with me and the added “Human Touch” which I felt is very Important . I have always been to the site at designated time and have found sales /project team ever eagerly ready to attend to our needs . I completely vouch Mr Vijay’s and Mr Viral’s comments , since we have taken these flats for end use and we stand invested -investing few extra time at site is much safer bet .

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      • Hi…Pundaleek is a vey good person. We bought house in DSR Sunrise and we are completely happy with the service till now what DSR has provided to us. Might be because of bad light he asked you not to go the site during that time. I have visited the site many times and to be honest that place is a not a good place if you will go at dim light.

        This is a very good project and everybody should go for it.

        Thanks Pundaleek for your kind help.

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  7. Hello Guys..

    I am planning to buy 3 BK in DSR Sunrise towers… is there anybody we had bought apartment recently can help me for current rate.


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    • Hi have bought a 3 BHK at DSR Sunrise Towers last year. Let me know if you have any questions.

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      • I’m planning to buy here. Wanted to check with existing owner, if there any any issues noticed?

        About the completion, builder mentioned October 2014 as the possession. Is it realistic?

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    • I had booked here. Once metro work starts price will increase sharply. Waited for six months thinking price will decrease but now I think I should have booked earlier. Those who have booked here can Join DSR sunrise towers forum in apartmentadda.com

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  8. Had visited the site today .. quoted base price from builder – 4300 psft a bit overpriced I think.. I think around 3900 -4000 would be a fair price .. on top of that all other cost components are on the higher side too.

    On the other side near Kadugodi on NH209 Ready to move in flats of comparable build and finish are up for sale in the same price ( 3BHK around 80 Lacs all inclusive). It looks like these builders have taken it for granted that they will keep on increasing the price continuously like that.

    Without considerable demand from the real buyers ( not the bulk investors) I think we are looking at a price bubble in Bangalore, especially when basics like water and other issues are not sorted out there is no point rushing to cater to the continuous price hike. It s going to burst.

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    • Think the idea is to keep increasing the price to build an illusion of demand. He quoted me 4300 a month back, also other costs seemed high. 87.5L all incl. for a 1600 sqft 3BHK. At this price one can find a ready to move flat in better locality. However the question is what is the right price – is it 4000 or 3500 or xyz?, how do we know that. Wish the prices were regulated for buyers to feel safe and put their lifetimes of savings in any project.

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      • Well the right price is always a function of demand and supply .. but here what we are looking at is a artificial jack up of price by the builder , Investor ( Black Money?) nexus.

        I was also apprehensive about finalizing something at the earliest , I have been looking for around 6-7 months.. but could not enter as the prices kept on increasing.

        If u look at Bangalore market there are couple of observations
        1. This is not a landlocked city like Mumbai.. its is expanding in all direction so geographically there is no constraint on the land availability
        2. The growth in IT & outsourcing is coming to a steady state now with the heady days of double digit growths probably over for good now. So the number of potential buyers migrating to Bangalore would perhaps be coming down to a steady level.
        3. right now there is definitely a oversupply in Bangalore and the real buyers who would be looking for end use are not able to enter because of artificially jacked up prices. So its a matter of how long the builder or investors can hold .. In all probability the correction in the property prices has started even though many developers would try to make you believe that they have long queues of buyers for their projects.

        So my view is wait and watch carefully before buying.. its very likely that there would be a good deal on your way.

        Personally I don t believe in jumping into this at this level . e.g 85 lacs for 3BHK under construction house from DSR . I am looking for a house for end use and hence would look into what is comfortable for my pocket rather than catering to the speculators in the market by pressing the panic button ( Prices are going to rise soon!!! — the favorite line always added at the bottom of a pricing sheet).
        Other aspects for the end users – are your incomes going to increase or remain the same?( Given the job scenario currently)
        If you keep relocating as a part of your job, what is the expected rental income ( vis a vis your investment – a future cash flow analysis will give you the NPV) is it really going to appreciate for a resale ( recently there are no buyers for resale property as there is always a new project available in the vicinity)

        In a nutshell this a right time to buy .. if your are looking at end use and the investment horizon is long ( 15 years may be??) but make sure you do a thorough research and negotiate on price. There are enough projects going on in Bangalore and in future after metro connectivity commuting will not be a problem for many localities which look far off from office locations at present. lets not get into the herd mentality and get into a debt burden beyond what is not justified by the supply and real demand situation.


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        • I guess that’s right. If it’s for end use the resale flats might be more attractive in the present times. Only constraint again being the brokers quoting fabricated prices just for sake of it… and hoping even if they can hoodwink 1 out of 10, they’ll make more than enough for their living.

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    • I agree.Bubble burst is not very far.Already builders have anticipated and offering choices like purvankara.

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  9. Hi,
    I have created a facebook group for Home owner DSR Sunrise Towers Bangalore, please join the group at Facebook: https://www.facebook.com/groups/458245420922738/.
    Thanks in advance.!

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  10. Hello,

    Has any one taken recently in DSR Sun Rise?
    I am interested in this project and would like to know of any risks or issues associated with Builder or the land?

    Pls get in touch with me @ milantalks@yahoo.com


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    • Hi,
      I am booked a flat in DSR Sunrise Tower. Personally I like the area and feel it is good from investment and living point of view. The proximity to schools, malls and market places makes it a really good project in Bangalore overall. I have created a group for those who booked flats in DSR Sunrise Towers to stay in touch and share.
      Please join if you book or have already booked: Home owner for DSR Sunrise Towers Bangalore, please join the group at Facebook: https://www.facebook.com/groups/458245420922738/.
      Thanks in advance.!

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  11. Has anyone , who has booked noticed the BESCOM/BWSSB charges here , its very high compared to other builder even top ones.Pls comment on this.

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  12. For getting SBI home loan,it will take 3 weeks of time.can someone suggest me which will be the best alternative of SBI

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  13. Visited the site today.Current rate 3950 per sq feet.This Friday this going to increase 70 rs per sq feet

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  14. Those who had booked the flat in DSR Sunrise Towers can join the google group by placing request at dsr_sunrise_towers@googlegroups.com, So that we can track the progress and create a forum for any open discussion.

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  15. Hi ,
    If you have already booked here please join owner’s forum at apartmentadda(dot)com.

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  16. RS, PS and Nitish and Srinivas, please contact me at snl20465 AT gmail.com with your contact numbers. We have formed a group of 3 people and are planning to visit them tomorrow/day after to negotiate and finalize the deal. More the merrier.

    Please respond soon either over email or here and let us know if you are still interested.

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  17. Don’t see any more updates to the thread.
    Anyone booked a flat there? Whats the quote…
    When i enquired, they were saying ~3800 psft (to be revised soon)… Has anybody been able to negotiate to a better quote…Any other tips or concerns about this project?

    View Comment
    • We talked to sales executive yesterday and after long round of negotiation he is quoting 3700, a mere 100 rupees discount from original quote of 3800. Is this reasonable price for a project which is due to complete in Dec 2014? We are in a fix, any pointers would be appreciated!

      View Comment
      • Looks like to be a good project as Shobha project in vicinity selling at 5000 pqst..

        Its all surrounded by Villas in two sides..And proposed 120 feet road in front..

        Lots of big chunks of vacant land around will ensure lots of good big projects will come in this area..

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  18. Hi I am also interested. Pls count me in.

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  19. What about the approvals! I can not see any approval on its website. Is it BDA/BBMP approved

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  20. Hi,
    I am interested in this project. Pls contact me through e mail(amarbkrishna@yahoo.co.in)


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  21. We are planning to get a better deal with DSR on their upcoming project DSR sunrise towers if anyone intrestead to join our join our group please email your contact info to indian803@gmail.com, currently we are 2 expecting somemore to join us.

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  22. Is any planning to book a flat in this venture….what is the price they are qouting per sqft

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