iDiscuss – KRK Urban Ville @ Gunjur

 Posted by on January 3, 2013
Jan 032013
 

Type

Villas

Options

87 Villas on 8 acres

  • 3 BHK
  • 4 BHK
  • 5 BHK

Location

Near Gunjur Vilage, Varthur – Sarjapur Road

Price

Starts from 1.8 crores onwards

Possession

~

Builder

KRK Venture formerly Aishwarya Properties

 

  17 Responses to “iDiscuss – KRK Urban Ville @ Gunjur”

  1. My review of KRK Urban Ville

    Disclaimer: These are my own views and you have the right to agree/disagree.

    Location : its surrounded by few bastis/villages. Approach roads are pathetic. I tried all the 3 major approach roads – via Varthur to Gunjur, via Sarjapur Road to Gunjur and via ORR-Panathur Road. The roads leading to the property are narrow and pass through villages/basti. It may/may not become livable. But to pay over the top (1.8 CR+) for such a place is insane.

    Builder and brand : why should i pay close to 2 CR and still go for an unnamed, unbranded villa in the middle of a village. for your information, builder is not even a CREDAI member. Also, i asked why did they chance their name from Aishwarya to KRK and the sales guy did not seem to have a palatable answer.

    Villas : Ok. Doesnt give you the feel that they are high class. In fact they appear cheap.

    Progress : Builder is struggling big time to sell them. Phase 1 was launched in 2012 (as per the sales guy) – which has 15 villas and out of which just 10 are sold despite all the ads and promotion. So you can see the run rate – 5 villas per year. At this run rate, you can extrapolate that it will take him close to 20 years to sell about 100 villas.

    Over and out !

    • @ Sachin. I am already an owner so my comment are going to be biased but here are a few things that I considered before buying and similar to what you said, my views are mine. It all depends upon what are you comparing it with b/c Bangalore in general is screwed up, infrastructure comes up after apartments :-) . If you compare KRK with ready to occupy places, such as, Adarsh Palm Retreat and Palm Meadows, totally agree but then there is no comparison b/c of brand but price too :-) . If you compare it with upcoming Projects such as Chaitnaya Sharan and Prestige Lake Side Habitat (good access as it’s right on the Varthur road) then again there is no comparison in terms of brand but also price.

      I have been living in KRK for about 6 months and I have witnessed significant progress in terms of infrastructure, there is a brand new aprox. 40ft road (Gunjur Palya) road that connects KRK to the Bellandur Station, which was mostly a narrow dirt road until 6 months ago. There is Gunjur Club that has come up about 5 months ago. The access to Panathur Road is getting better because of the newly built BDA Apt. complex towards Panathur Road. While the water supply in Bangalore is a problem in non Cauvery water covered region, Gunjur/Varthur has better ground water supply, KRK has a borewell that hit ground water @ 580ft, quite unheard of but yes who knows for how long will that last :-( . In terms of price, you should go and check out pricing of other villa projects and you will be able to compare and contrast. You are correct KRK is not a brand name like others and it’s KRK’s first villa project but has done a phenomenal job in terms of both design and quality construction. In fact, I have not come across any villa builder that had 50% of Phase 1 complete before started selling, all usually sell a few before they start construction and some even don’t have approvals. Another option I had considered seriously before buying @ KRK was NVT Orchid on Sarjapur Road about 1 KM past Dommasandra circle, good access, good homes but too far for me as I work in Whitefield.

      Also note, everyone is struggling to sell Villas in this area not b/c of lack of demand but primarily b/c of Price Tag, check out ND around the mangoes, Chaitanaya Shara, Prestige Lake Side habitat pricing. Many of these builders will or expected to alter home sizes (make them smaller) in the 2nd, 3rd etc phases. KRK did the same and has very good success rate in selling the smaller 1.5CR homes. Bangalore Supply vs. Demand is shooting up (aprox. 6% now) so expect price increase to slow down. Regardless, Gunjur/Varthur area is the best place to live/invest looking into the future b/c it is the most central place b/c it’s right between Varthur Road/Proposed Peripheral Outer Ring Road/ Sarjapur Road & Housr Road and Whitefield and in proximity of many good schools. You should BTW, check out pricing of the Address Maker also close to Decatholon where the new Tech Park is coming up. I expect this area to top the list in terms of growth because of proximity to Peripheral Outer Ring Road….

      Good luck!

  2. Villa s gud looking ,, we stay in gunjur and planning to buy, but price s too high comparing to other

  3. Folks,

    Talked to the builder -they mentioned it’s BBMP-Khata A .

    Since Gunjur comes under proposed BDA layout (Nijalingappa Layout -which itself being dragged for 4years now), would the propose layout impact the Khata A properties like KRK urban Villae and others.

    Sorry bit confused on BDA approval, BBMP Khata A and the impact on proposed layout

    • Please can you elaborate more on what this is about regarding the impact of proposed BDA layout. I am also looking at this property.

      Price also seems to be on the higher side compared to Prestige Lake Habitat.

      • Some parts of Gunjur are part of proposed Nijalingappa layout. But, then again, BDA not actively promoting new layout in this area due to their own issues.

        So question is whether these part of Gunjur fall under proposed Nijalingappa layout.

        Shoudl we expect builder have BDA approval and NOC….not sure…that was the questions.

        There are many many villa properties coming around…so logically shouldn’t be issue.

        Checked BDA ..they asked to bring plans -and they can tell if there would be issue or not.

        Sandeep

  4. For all those who have bought please register at apartmentadda.com for all the latest updates, questions, answers etc.

  5. I have bought a unit in the completed phase and expect to move in shortly. Please drop me an email at aloknaik@gmail.com if you have any specific questions.

  6. I have bought here and did my homework w.r.t price and is on the lower side amongst this area, check out ND around the mango prices and Prestige Lake side habitat and you will know. This is KRK’s first villa project, no loans, single owner so easy to ask for changes w/o hassle. I did several changes. since it’s their first time, construction quality is very good. Drop me a note at my email address jaingj.email@gmail.com…should you want more information and will be happy to call you if you send me your phone number or email…

  7. No one here who has bought or booked one ? Price seems to be on higher side and timelines delayed. Have visited this twice in 15 month span :)

    janardhangowda@gmail.com / 9845981714

  8. Hi, If someone has bought in this project, drop me a note/mail, i am interested and would like to discuss.

    • Hi,

      I am also interested to buy a villa here. But the rates seem to be on a higher side given the builder is not a well known one.

  9. Hi, even i am interested please put your email or phone number i will contact.
    Thanks,

  10. Hi,

    We checked on KRK Urban Ville. The surrounding is pretty serene and the build quality seems to be pretty decent. Does anyone have feedback on this builder. I was told that they were earlier called as Aiswarya builders. The quality of fixtures they use is pretty good.

    Dilip

    • Hi Dilip,

      Have visited the project twice, and felt its decent. but price wise i have concern, if you already brought it, than please share your thoughts

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