Kolte Patil Utsav Raaga
Kolte Patil has announced the pre-launch of their new apartment project on Hennur Road to be called as Kolte Patil Raaga. The project is spread across 7 acres and will host 2 & 3 BHK apartments. The project is expected to be completed by 2014.
Kolte Patil Utsav Raaga Options
- 2 BHK – 973 sft – 1066 sft
- 3 BHK – 1172 sft – 1200 sft
Kolte Patil Utsav Raaga Location
Kannur Road, Accessible Off Hennur Road & Thanisandra Main Road
View Larger MapKey Distances
- Outer Ring Road – 8.5 kms
- Manyatha Tech Park – 9 kms
- Hennur Main Road – 1 km
- Thanisandra Main Road – 1.5 km
Kolte Patil Utsav Raaga Price
Pre-launch priced at Rs. 3000/- per sft
Kolte Patil Utsav Raaga Investment Plus Points
- Pre Launch pricing looks ok, considering other projects at about 5.5 kms from Hennur Road – ORR junction available at 3600 to 4000/- range
- Hennur Road & Thanisandra Road are developing fast with large layouts as well as a number of apartments being launched
Kolte Patil Utsav Raaga Concerns
- A Quarry located at less than 400 meters opposite to the project. Please verify if active and its effect on the neighborhood.
- Distance to ORR is over 8 km
Hello Everyone,
There an update, Kolte Patil Raaga has increased price to 4200 Rs/sqft for phase 1 and 3990 Rs / sqft for phase 2. What I have figured out by talking some insider source is that SBI approval is almost in place as all the formalities got over. Also the litigation is also got over and that is the reason SBI also approving. The people are lucky who bought the property already as they got almost 400 to 1000 Rs /sqft benefit.
The price has been increase by 21st Feb. Old price was 3820 Rs/sqft for phase 1 and 3720 for phase 2.
Kudos for the people who already bought. Some people got doubt when I announce price rise on last Diwali but now I have wait for it and announcing the confirmation.
I am proud flat owner of kolte patil Raaga.
This is very good news indeed. Have always maintained that this is a good project to be invested in. 🙂
Thanks for the update Ajay. Hope we get some confirmation email/letter from the KPDL team about the closure of the case.
Thanks
Arun
They haven’t increased it yet buy they will supposedly do it pretty soon as soon as the approval from SBI is in place. just for the feel good facthope they do it soon !! Cheers 🙂
The new price has been applied with any new booking applicable from last weekend. Investors having a big bang benefits from one shot of price rise. Still there is a huge potential in this project, Its on main road, Holds good configuration and builder is also reputed builder. The phase 1 is almost ready, Have visited last weekend. The price on around projects are no less than 4400 Rs / sqft.
I am planning to sell my 2BHK , F-602 (phase I) in Kolte Patil raaga , builder current price is 3820 RS/Sqft + 10 Rs floor rise. I am selling it for 3500/- . This flat is corner , swiming pool facing , east west , with all balconies in East for good sunlight . Above price inculdes floor rise and i will also pay a transfer fees of rs 125/- psft. contact me on 9742294795
Hi… I am reselling my 3bhk flat in phase 1 tower A, I am offering 200 Rs of discount on builder’s final quote. Its an urgent sell and its a rare opportunity where there is no profit is being expected. Interested buyers please call me on 9379150008. Offer is only for limited period of 1 week.
my offer is 3500 rs/sqft + registration…Not renegotiable.let me know if you are ok to close the deal ina a day.
Hi Sj
Please call me on 9379150008. We can discuss your offer.
The illegal quarrying has not stopped yet despite efforts put by many stakeholders. The quarry mafia has connections in the vidhana soudha and quarrying is still going on. This definitely will affect the building foundation and hence building as such is not safe. The builder has to sort this out through its own connections and force stopping of the quarrying. This only can boost the owners confidence.
I see a lot marketing from Kolte patil raaga now with a very low prices. Any specific reasons? Has anyone recently visited the site and know what is the current status of legal issue? They are also offering free modular kitchen and 5.99 % home loan interest.
I have been told by the builder that I can take loan only from Axis, ICICI and IDBI. Also, he says the project has not yet been approved by SBI (The project has been funded by SBI).
Please help if this issue has been faced by anyone else too. did any one got loan from any other bank.
Hey Kapil,
The Project is clear and banks are funding on this you can email me on so that i can share legal opinion which i have got from the bank panel advocate and my lawyer
Hi Rahul,
I have also booked the same property in Phase 2, can you tell me what does the legal opinion that you took of the lawyer say.
do not rely on Rahul – i mailed him to send docs and only reply i got was to share contacts so that it can be discussed. I think builder’s hired people are on harshasagar. 🙂
Kolte patil RAAGA rate has been revised to 3750 Rs / SQFT for phase1 and 3700 Rs / sqft for phase 2. The revision has come after 8 months and looks like due to Diwali only 100 Rs increase. Some more revision is expected I believe.
Hi All, I am offering up to 100 Rs/sqft discount on builder price depending on builder price, My flat is on A tower 8th Floor corner flat in phase 1. Its a 1197 sq-ft size 3 BHK with 2 toilet having a east facing entry and west facing swimming pool side balconies. Its a specious apartment. Only Genuine buyers please call me on 9611377119
Real-estate is not doing good. Lot of unsold apartments are there in bangalore. Even with discount of Rs 100/-, you may not be able to sell your flat. You will have to give attractive discounts to attract buyers.
I still do not understand why people are so greedy about money..If interested just go and buy whatever price you can pay and live in that home forwever happily.
Do not sell just for the sake of earning few profits..you cannot make profit and live a life..market is so bad that even if you want to sell for 2800 it wil be difficult for you to get a person..
Thanks for advice guys.
But I am OK even if I am not able to sell my flat due to market not being good. Just because market is not good does not mean that the property rates can be reduced. The market will not be the same forever and as demand.
The post is only for interested people who are real buyers and looking for themselves and not a profit hunger people and also not for advisers who has no business to with this. Its not a vegetable that price can be reduced like this….
Please advise me any good projects for that proce..are you a broker who just want to spread some panic and make a quick buck?
I am selling my apartment in Raaga at 3450 all inclusive email me on
Quoting ramcharan from the above post:
“I still do not understand why people are so greedy about money..If interested just go and buy whatever price you can pay and live in that home forwever happily.
Do not sell just for the sake of earning few profits..you cannot make profit and live a life..market is so bad that even if you want to sell for 2800 it wil be difficult for you to get a person..”
The price rise of around 300 Rs are cumming up in next month in Raaga from builder, They are almost meeting a target of 25% of phase 2 sale and 90% of Phase 1 already sold except few odd 2 BHK flats. The current price was revised last on 6 months back. The brigade has launched the project just next to Raaga on 4400 Rs pre-launch price, They have just put one sign board only.
Ajay, Are you talking about Brigade Northridge?
I think he is referring to Brigade NorthBridge. This is coming up just after the intersection with Thannisandra road.
Google maps location here
All other major builders are qouting above 4K in the area. Its high time Raaga also moved it to above 4K. Phase 1 is 80% done 🙂
google maps location here
https://mapsengine.google.com/map/edit?mid=zW-xP00rd2pI.ktfhXarvQdEQ
Brigade is a km away from Raaga. Brigade is quoting at 4640 pre-launch price, Supertech Micasa is quoting at 4500/sft, and Raaga is at 3600/sft. Any idea why the price is low here compared to other builders, this also concerns me as i invested here..
Hello I am interested in selling my 3 bhk A Tower Premium Unit or My 2 Bhk Premium unit I am offering @ much much much much lesser price than the builder please email so that we can take it forward Thanks
I am selling my 3BHK premium corner flat in tower A kolte patil raaga, Its on urgent sell on unbelievable price,
Its a east west direction, Entry is on east facing and balconies are on west facing on swimming pool side.
Possession is in march 2013, Structure is ready, Internal wall work completed till 8th floor, Plaster & plumber work completed till 5th floor.
Interested buyers can contact me on 9379150008.
Interested for 2850 rs/sqft ..I am ready to close the deal in a days time
Unbelievable does not mean impossible, If you are really interested and serious buyer on unbelievable price over current market price in the area please give me a call.
What is the price that you are offering? The builder price itself is lower compared to market price in the area.
I am selling on no profit no loss basis by covering all pre-emi interest till now which I paid and transfer fee…. If interested please call me on 9379150008.
So you are a desperate seller trying to exit the sinking ship.
Vinay, It may be your perception but people are going to live there in another 8 months.
“possession is in March 2013?”…..Lolzzzzzzzz…made my day 🙂
He is so desperate to sell that he forgot we are already towards the end of 2014. He is unwinding the time to create some demand in the market. Or may be he meant 2018 or so.
Vinay, Sachin,
Cut him some slack. Such schizophrenic reactions are not uncommon during down markets.
I am interested in selling one of apartments out of the two which I have In Raaga. As i am looking to combine by selling one the apartments and make it four bedroom apartment, I have an 3 Bhk In Premium Tower A for Sale 1200 sft and also in Tower B 2 bhk 1100 sft Premium unit, please let me know if any one is interested. I will be of course cheaper than builder price ( The Person Buying from will save a lot will explain how? once you are interested ) and also the possession is just 8 months away, the structure is ready which you can see for your self.
Hi Satish,
I’m interested in this property if you offer me a cheaper rate and bear the transfer fee we can talk more on this.
Mail me at :
-regards
Sumit
In one ad, you are saying you want to buy and in another, you are selling. No doubt you are a broker.
What is the current price
I am interested in this project. Today’s ad in TOI says SBI approved? Anyone to let me know any more details?
hi if you need any info i am happy to share with please email me on
Yes, SBI approved this property now and land issues are also settled
I am planning to sell my 2BHK , E-602 (phase I) in Kolte Patil raaga , builder current price is 3750/- Selling for 3400/- . This flat is corner , swiming pool facing , east west , with all balconies in East for good sunlight . contact me on 9620115252 Reply
How much will be the builder charges for transferring the name in new owner? If it’s 2% of the entire property than this will increase the p/sqft rate by 100 odd rs? Hope you know that without sale deed register in your name there will be a Tri-party agreement between builder, owner and new owner to follow this deal and than builder will transfer all property ownership in new owner name. Please check those details before entering into these deals.
Hello Amit Gupta,
Builder charges is 3% of the price . Anyway I will pay 50% of the same. So a rise of 50 psft is there . It will be 3450/- psft for a buyer including transfer.
Once we finalize the deal , New buyer , builder & seller enter a agreement which is called ” assignment agreement” , that will be good enough for new buyer to take loan and transfer the ownership.
Thanks,
Amit
Hello, I am also interested in this project. If there is any group, please let me know. I would like to join.
Thanks.
HI, I have a 3bhk flat in A Block for resale, east west direction, swimming pool facing balcony, Selling basic price is 3750 Rs/sqft and floor rise charge 10 Rs/floor, The interested buyers please call me on 9611377119 or e-mail me on
Please let us know the latest status regarding this project. What about legal issues ? Is it still going on ? Any one recenlty booked in this project ?
Hi Bharath,
I was interested in this project intially, when I last spoke to the sales they assured that the legal issue will be resolved within coming weeks but this is what they have been telling for the past few months. There was an ad in Times property a couple of weeks back that SBI is disbursing loan now so it looks like the legal issue will be resolved. Their VP was also ready to speak to me to assure me that the issue will be resolved but I didn’t opt for this project due to some other reasons. I would suggest you can go to their office in Vittal Mallya road and clarify everything personally.
Thanks,
Jayant
Hello Friends …. any update on the Price of this project for Re-Sale ??? builder quote is 3500/- Any one want to sell . Please reply.
thanks,
Amit
Hey i have an apartment which i want sell becuase i bought in mirabilis if intrested please email me on
Hello Friends.. I wanted to resale my 3bhk 1200 sqft … call me on 9611377119 if interested.
What is the price you are quoting
Selling price is Rs 3750 and floor rise charge 10 rs / floor, Its on premium location and east west direction, The project construction is already at 12th floor completion. Possession is in max to max in one year. Builder is selling on 3650 price but only few odd location flats are available in phase 1 and phase 2 possession is after 2 years where the construction at just footing. Interested buyer can contact me on 9611377119,
Please note that there is a 3% transfer fee which will be on me on the above price, This 3% will be on you if you want to buy this flat on builder current price on phase 1.
Builder Quote is 3650.. I want to sell mine for 3550 + Transfer fees, to be paid by buyer. Contact me if intrested.
Hi,
I am interested in Raaga project, can you add me in this group?
Guys..
I am interested in this project..can you please give me some additional details on status and issues about land.
Regards,
PV
Hi,
I am interested in buying 3bhk in kolte patil raaga, I wanted to know the location surroundings and future development of the area. I am nri and will not be able to research much.. Till now project is not approved by sbi.. Is it good to invest here.. I want t rent out tge apartment.please suggest me honestly.
Thanks
Hey rashmi how are you i have also bought an apartment here for rent if you i am made an detailed study in this it too long i guess i cannot post it here so email me so that i can send you the reoprt which i have made
Can you please send me the report. I’m interested in buying a flat in Raaga
Its a large file difficult to upload here would require an email
Hi Rahul,
Request if you could please email the report as I am soon booking a flat in A block.
My email ID is –
Regards,
Fahad
Hello Fahad,
I would like to resale my 3bhk flat on tower A, 8th Floor, A-801, Which is a corner flat, East – west direction. Balconies are facing west on swimming pool side,
I am selling on builders price, Let me know if you are interested.
For more details please reply back or call me on 9611377119.
Hello Rashmi,
I have booked a 3 BHK apartment here..
My experience:
First impression of the apartment is, it will take atleast 3-4 years for the area to be developed, so if you are looking for something to move in immediately, then this is not an option. But considering the location and scope for development its a good investment. Nice road in the front, connectivity to Airport is good.
The sales and CRM team here are extremely helpful. I do not stay in Bangalore but still I was able to complete the documentation very easily and in timely manner. After booking the apartment I get regular updates on the projects from their CRM team, along with construction pictures. So its a relief for me to see the progress on the apartment without visiting the site, especially now when I am out of India.
Let me know if you need more details, you can email me on
I am going ahead with booking 3 BHK in KPDL RAAGA. I would request to include me in ur discussion group. I hav approached Punjab housing bank. They r ready to fund for this project. Pls comment.
KPDL Mirabilis : is this a better option than Raaga?
Hi Dips,
We are all proud owners of Raaga Project and let keep up with the latest updates on the progress of well being of our dream home
Hello Rahul,
I know it is a good project and you are very hopeful. But let’s get this clear that the court case is reality. I have also bought into the property and I am following this case if not longer than perhaps as much time as you.
Few things that I would want to point out is:
Builder never informed about the litigation to people who have already booked the project even after the notice was out.
True that construction is on but in full swing is questionable. Jan or Feb was the launch date of PhaseII which is yet to see daylight. and you wouldn’t be given possession untill both phases are complete.
Builder is still not giving us right information, if you call them up, they will tell you that they are seeking permanent injunction from court on construction. For all I know, their isn’t anything called a permanent injunction.
Builder seems to be in no hurry in settling the case and they way our judicial system works, for all you know, they case may be still on by the date of possession.
Last point is that none of the initially promised bank (SBI & LIC) are disbursing loans on the project. I spoken to Mr. Narasimha from SBI who has a different version of facts compared to KPDL when it comes to status of disbursement.
my closing point is that it is a good project and I have builder reimbursing the money to people who withdrew on the basis of this court case which is an honorable thing to do.
I have read the court documents and my little understanding tells me that basis of case is that the plaintiff wants to blackmail KPDL and want to make some money and KPDL is also trying for out of court settlement on this (at least that’s what they say)
What I want from KPDL is a little more transparency in communication to the customers who have decided to stay.
Let’s keep talking and lets stay informed.
Rgds
Rituj
Hi Rituj,
Please update the same with me. but can anybody tell what your legal advisors told the feedback of this project?
Thanks and Regards
kbhat
Hi All,
I also booked a flat for Raaga project 2 BHK 1066. what is the opionion from you all guys. i heared some legal issues, but can anybody tell what your legal advisors told the feedback of this project?
Regards
KB
Hi, For any project please check few things which will help in long term and also ask builder to do the needful.
1. STP( Sewage Treatment Plant) — What is the design consideration been done with respect to capacity and the maintenance. Any STP plant for say around 300 odd apartment will churn out around 60-70k per month of maintenance.
2. Water Conservation area such as Rain Water harvesting and Individual apartment water meter. Creating option while construction for Individual water meter is must and bring control. Builder should look for this option. Most of apartment facing water crisis and 80% folks don’t bother to conserve.
3. With Raaga has phase 1 and Phase 2 and after some time some luxury segment apartment, how will be the bifurcation of the title deeds will be done for each phase? This is most important aspect one should see. Every owner owns undivided share of land.
4. Maintenance Corpus:- Did builder taking any maintenance corpus fund. These funds should be transfer to association once formed after hand over. 90% builder default this stating maintenance corpus got over with there maintenance for 1st year. So every owner loose some 2lkhs over here. Nasty and genera tricks by every builder.
5. BWSSB fund — This is collected for water (cauvery) and we know that in next 5-6 years this is not going to come. Why this funds get collected? When it comes association take that call but while construction this is weird collection. Each owner loose 1.5lkhs here.
6. Open Car parking —- As per the legal aspect builder cannot sold open area as this comes in common area which is part of every owner. Hence any open car parking should be discouraged.
7.Did builder own any thing such as Terrace, grocery store area?? Make sure this will not eliminate builder access for entire life time of project. Read fine prints before getting into deal. Builder often creates some portion to be part of there.
Hope these points helps one to get every worth of hard earned money. Will post other aspects when buying an apartment in Bangalore.
Good points to take note of
Please send me the legal docs to .
Today I visited the site, almost 5 floors completed. I am planning to book.
They asked me to pay 1L and they provide docs. Docs can be revied by legal. I am planning to do this week.
They should give you document without any booking amount. You can pay the charges of photo copies and return them if you don’t book it. This means that even if you do not satisfy with the title papers you end up cancel booking and they will charge you cancellation charges.
Hi all, I m planning to buy 3bhk in kolte patil ragga project but I m in dilemma becoz of no of reasons.
1. Legal issue/land dispute has been resolved or not
2. Does anybody feel, stone quarry made apt. Foundation little bit weak
3. Now sbi has approved the project or now
4. Water level is OK or very below in data area
5. Somebody said, kolte patil koramangla project had lot of problems.wat r those problems.
In short plz suggest me should I go for this project or not
Mate, I am surprised to see that you are looking for a go ahead from this forum to purchase this apartment. Please do your own research & let us know YOUR findings on the below points first. Have you checked those yourselves? What have you found out? People can then comment whether those are accurate or not. Bottomline: YOU have to make the decision, some decisions cannot be made on your behalf.
Hey Datta,
I never said that people have to buy because i bought into the property my only concren is that buy just seeing the notice your are passing comments have you checked with the developer on the same and if yes what did they say, i have been checking with the developer since this notice was out, i come from a very lower income group and for me buying a home is big dream, please present the facts and figures, instead of just reading the public notice and commenting, please go to the location and see, the construction is in full swing and they are almost done with the second floor slab which i have personally seen, i visit the site once in 15 days to keep myself update with the development work, what my question if there is a problem why hasnt the construction stopped why is going on in full swing, So Datta please visit the site once and then you can judge for urself
Hi Rahul,
I’m also proud owner of kolte raaga now.
Initially had lot of doubts, but finally cleared most of them and booked into the project.
Best of Luck!!!
Hi All,
Any update on Land dispute? is it resolved?
Earlier I heard SBI is not releasing Loan till dispute is resolved.
Thanks
Ashish
Hello people we are proud owners of the Raaga Project somebody is just trying to make a issue of the notice received since lots of them will be marketers and agents of different Projects, i have personally bought Raaga recently and if any one wants me to share the legal documentation copy which i have got it approved is welcome i will share it them, people we have bought it with our hard earned money and just some people dont understand the issue and are not aware of the situation are hampering our society
Hi Rahul,
Please connect with me @
You have a soft copy by any chance.?
Thanks
Hi,
I’m interested in this project. Have some questions in mind:
1) When did you invest into it and how much per/ sqft?
2) What was the launch price and how much did it appreciate since then?
3) Which other projects are at par with this one, just in case you have done som research work?
4) It’ll be great if you could share the legal documents, whatever you can. This will help elimating doubts before investment? My email ID:
5) How is kolte patil developer i terms of implementation timelines etc.?
6) It’ll great if you could share your contact details so i could call and clarify a few doubts. Only if you are ok with it
Regards
Nagesh
want to book a flat,worried as this is will be capital gain investment & possession is required before march 2015, if get delayed due to land issue than it will be a big loss to me. please send me court papers & advice.
Hey Sarita Singhal
please provide me your email id for me give you the complete info as these are large files
my mail id is
Pls provide to me as well.
Thanks for your above advise.
Hi Rahul,
Can you please send the court papers to me also to the id “”?
The sales rep is saying that builder is tyring to settle out of the court but when i read this site, they are telling the same thing from past 1 year.
Not able to decide to buy or not to buy.
Thanks,
Ashraf
Hi Rahul,
Could you also forward the legal litigation documentation to my e-mail ID:
hi rahul, ,can u pls send me copy of legal docs of kolte patil raga project off hennur main road on my email id: ….thnx in anticipation
Pls add me to group –
Hi,
Booked in C block.
Please add me to group
I’m Intereste please add me in the group
pls add me to group
Please add me to teh group
Arun,
Thanks for pro-activeness.Since i’m outside country right now, kindly let us know the outcome of meeting.
Regards/Deepak
Dear all
I am Mahadevan from Middle East and I also booked an apartment in Raaga. I have received the original agreements to be signed and returned. As I am seeing the comments on this site by various friends..I am also a little bit worried. As I do not have any possibility of consulting with any lawyer and legal consultant in Middleeast , I will be much obliged if you can send me the comments given by your lawyers, so that I can also go through the same and take up the matter with the builder…Thanks and looking forward to your help in this regard…
Yes we have a meeting scheduled tomorrow at KPDL office sharp at 11 AM. Please ensure you are on time. We are planning to assemble at 10:45 itself.
I am sorry I could not approve the comment in time for others to get notified.
Hi,
Is there any meeting with KPDL tomorrow, if Yes please let me know the venue and time so that i will be available for it.
Thanks
Hari Shankar
Agreement clauses
Yesterday around 18 of us met the KPDL team and have asked for a few changes in the agreement. Most of the clauses look one sided. And few points are not acceptable. (like terrace/garden area completely under KPDL discretion, no commitment on dates for construction of club house and other amenities, no clarity if gym is a fully equipped gym or just a designated area and others). All those who have already bought(whether signed the agreement or not) and all those who are planning to book in near future, please feel free to join the next meeting. It is on 12th Jan at KPDL office, 11:30am. You can reach out to me at . There is also a google group for all the buyers, please send me your email id and I can add in the group.
Thanks Subash.My id is
Hi…Please add me to the group. My id is
First-of-all thanks for the initiative.
I’m not in India now and hence unable to attend the meeting.
Kindly mail me if you have scanned copy if the agreement or bullet points.
Appreciate if you could let me know what was the outcome of the meeting.
Please add
Hi,
Can we go for a flat in Kolte Patil. Pls let me know.
Please add me to your group too.
Please add me to the group too. I have booked 3 BHK flat in the same project. My mail id is
please add me to your group too.My mail id is .
Have you booked the flat? I am planning to book 2BHK, is it worth buying?
Hello Khan,
I have also booked an apartment in Raaga its a very good project compare to the price and few large developers launching in that area, Nitesh is launching soon there and Prestige too so @ the current price it looks the best buy in north bangalore
Hi Khan i have also booked an apartment at Kolte Patil Raaga Utsav sounds to be interesting I would make a suggestion if any one who is looking to make investment or looking to stay the best place as they are also offering all amenities like other developers as there price is very reasonable as of now, I am an investor and looking to exist in a years time i expect the price should touch around Rs 4000/- per sft this is my suggestion
thanks Prasad!
Which block in D, E, F would be good for 2BHK, floor, facing which side N,S,W,E?
Pls suggest.
Hello Khan,
According to parameters you should go in for E or F block where you can get a nice facing apartment and expect South Facing everything is fine, not to worry
Rahul, is it worth buying when there land is under dispute and case is pending? I’m little worried about the investment.
Hi Khan you can opt for a pool facing apartment that’s by default a good choice as they are in huge demand
hi
would you be interested for hormavu mirabilis project , i am having a group to get deal
Hi Baskar i have also formed a group so we can combine togther and try to get some discounts please email me on
Hi Bhaskar
Can you float more details on Mirabilis please? Rate, Size , status of project etc?
Rgds Azfar
Hello Subhash …Please add me to the group. My id is
hello subhash,im shikha.today i saw raaga project,n we were very happy abt d project.but now i saw some legal issues r der,so im abit worried.still i hav invested nthing in it,but can u ple let me know some information regarding dis.plz reply me on my mail id plz reply me soon bcoz day aftr tomoro we hav 2 book it.dis is completly out of our budget,but still we r ready 2 arrang money somehow.can u plz add me in ur group…………plz,n plz tell me how i can b notified of dis group. thanks in advance.
I would appreciate if someone can please update on the current status of legal issues and price.
Hi all,
I visited the property recently to collect details of raga phase-2 and the builder has started foundation work. The present price is 3200 and the issue is about to be solved out of the court by builder. The construction has also reached 5 floor and seems to be going at good pace. The sales person said no to discounts on the price and raga phase-2 price is 3400-3500 sq.feet
…pse add me in your google group
Hello, I am planning to book a 2 BHK in Kolte Raga. could you add me to the google group please?
Thanks
Please add me into the grp. I am planning to buy in raaga phase 2. Any information would help me to take the correct decision
i was interested in raga initially.. but due to the stone mining i decided to skip this one.. reasons being , the stone mining will illegally keep on going for another one more year[land mafia is strong and moreover this is india].. meaning average 4-5 blast everyday.. this is going to happen till raaga erects 3rd or 6th slab.. stone blast normally is compared to 2.5-3 of richter scale internally.. this will cause some internal damage to foundation that’s for sure as cement remain brittle for couple of days after applying.. this will lead to cracks in building 10-20 down the line..
If location interests you then wait for atleast 7-8 months till stone mining is completely shut down.. you will see lot of other builders coming in with new projects soon in this area..
just my 2 cents.
Today’s Times of india, Public notice for Kolte Patil raga project.
Check page 8.
Seems land title has major issue.
But when I had visited site they said that it is completely their property.
I have although not bought a flat in this project but just my concerns..
Dear All i have 3 people who are intrested in buying this property and one intrested in making a group buying for discount please email me on
i am interested
Hi Guys!!
I am an owner of 3BHK in Raaga apartment.
Regarding the LAND DISPUTE:
I went to the site today to investigate the matter. The Sales Exec – Shashi said that there are talks going on between Kolte Patil & the person who filed the case so that the builder can settle it out of court.
–> They have said that the dispute should be over in a month.
–> Checked on the construction status – work is going on & hasn’t stopped. Check pictures on this link –>
https://picasaweb.google.com/117296452142341758988/KoltePatilRaaga?authuser=0&authkey=Gv1sRgCPSzopbcuaL4qwE&feat=directlink
I’m not sure of the previous status of the construction so cant make a comment how much they have progressed. Other can pitch in with their comments.
–> Also heard a rumor that they are looking for a new contractor. They said its nothing like that.
Current Contractor name – SNP Construction Ltd. [People can check with them if they have sources]
–> They are claiming that the latest attraction is “SBI Approval”.
They also mentioned that SBI has approved for 40 Crores, the bank making a clause that ONLY if Kolte Patil can settle the case thats pending is only when they’ll provide that fund.
I have asked for approval papers. Need more clarity – the bank is the best go-to in this case.
–> My lawyer has advised that until everything’s a clean chit from the builder, dont go any further on this. Will be sending him the CD which i”ll get from the builder to verify.
CANCELLATION CONDITIONS:
1) If only booking amount has been paid, then 10k would be deducted.
2) If you have signed the agreement & paid 15% of ur share, then 5% of the Agreement Value will be deducted. It is also based on the management’s discretion.
3) Not sure for people who have paid 15% but haven’t signed the agreement.
Did anyone get the papers checked by a lawyer? Is everything in place?
Went there in the morning to check out the 3 BHK options (guy says all 1200 sqft ones have already been booked) but more concening is the fully functional stone quarry bang opposite the property. Was there for about an hour and heard 4 blasts which shook the structure to the roots!
I have received a copy of agreement – sale and construction for review. Have concern on many clauses. As usual it is mostly one -sided in favour of builder. I am interested in taking apt in Raaga complex with advertized layout and amenities. Contract deals with only delivery of an apartment, no commitment on other aspects. Also builder to keep absolute right on garden and terrace for construction in future!! Will carve out space for some store, ATM of undefined size!! so also private space for some apartments with absolute rights. All this when we (apt owners) are chipping for full land price on proportionate basis.
I have consulted alawyer and she feels that the agreements are totally builder centric. I have mailed them the amended document as suggested by the lawyer. Have to wait for their response.
Lakshmi,
If possible can you share the requested amendment here, such that we can also put pressure to include those.
With Thanks
Subhash Jha
Objection to Agreement
Hi Subhash,
How do I attach .doc on this site to share my comments?
@Mehta : The site does not allow a doc to be attached. However if you can send me the same on my email id, that will be great:
I have also finalised one, only payment to be made. i am interested if you may please share the sale agreement and objections, we as a customer together can request the builder to amend suitable.
Hi Mehta/Subash/Tapan
I have also booked flat in Ragga E block.
Recently got the agreement. As this is my first flat, not sure what kind of things we should check in agreement.
If it possible for any of you to mail me the desired copy of agreement, then please do the same on “”.
I would also like to help in raising the concerns with builder if it seems valid.
Thanks in advance.
kindly send me also agreement copy, it woul be helpful.
I have booked a 2 BHK here.
can lakshmi give phone number on email id as i have some query about flat because i already booked n i am outside the
Whats the current status ?
Dear Madam
I am Mahadevan from Middle East and I also booked an apartment in Raaga. I have received the original agreements to be signed and returned. As I am seeing the comments on this site by various friends..I am also a little bit worried. As I do not have any possibility of consulting with any lawyer and legal consultant in Middleeast , I will be much obliged if you can send me the comments given by your lawyers, so that I can also go through the same and take up the matter with the builder…Thanks and looking forward to your help in this regard…
Hi,
Can you let us know the status? Did builder accept the amendments ?
Can you send across the document at
Thnaks
High ST/VAT: They assigned around 25% of the total value to Land Value and the balance to construction. Typically this should be 40-60 or 50-50. This results in a higher value of Construction and as such results in the higher overall % for the ST/VAT being applied to the property. We need to check with them why this is unusually high.
Agreement : The KP folks had informed earlier that one needs to pay the 15% of payment only after having fully satisfied himself of the terms n conditions as contained in the Agreement. So while we have received the payment mail, I presume we don’t really need to pay it now unless they also also share the agreement copy in shortly.
I heard this project is getting cancelled & discussions are happening between KPDL mgnt teams
Not sure about it ; I am happy if i get back my booking amt.
~iMran
Hi Imran,
Can you please share how and where did you hear this news? And what is the reason for cancellation?
As we are in the agreement process
If they increase the Land value, then you will end of paying more for the registration.
Hi All,
Today I discussed the issue of SALE Tax & VAT with Vineetha In KPDL, According to her she will be providing the sales tax and VAT number for the project on your every payment receipt. From this number we can track how much company has paid for the project.
2) According to her VAT will be charged on 70% of the property value. and Sales Tax will be charged on the 30% of the property value.
From her expense excel sheet, which she provided in the payment mail, I got this formula for sales and VAT calculation.
VAT = ((((AREA*COST PER SQFT)-(AREA*712))+CAR PARKING)*70%)*14.5%)
SALES TAX = ((((AREA*COST PER SQFT)-(AREA*712))+CAR PARKING)*30%)*12.36%)
I dont have any knowledge about the rules and regulation of VAT and sales tax. But we can refer to below link for VAT regulation.
http://dpal.kar.nic.in/English%20Act.pdf
after this there was some amendment in Aug 2012.
Hello,
I booked a 3BR apartment on 1 Oct at Kolte Patil Raaga. I am sold out on this project for various reasons as quoted by various people on this forum. However till date, other than an email confirmation from the builder stating that they have received the booking amount, I am yet to get a formal allotment letter, or receive the agreement or receipt copy. Not sure what is causing this delay at the builders end.
Given that some of you are planning to meet at the builders office this Sat, I would appreciate if you can update on this forum how the discussion goes. Also the comments around ST / VAT also seems concerning. It is indeed v high if they are charging 10%+ of the total value. I own apartments from other builders in Bangalore and it is no where as high as this value. Unless ofcourse, the rules of the game have changed in the last 6-7 months.
Regards
Ratnajit
email
I will come to KPDL office on 27th @ 11.30 am.
I will try my best to be available at KPDL office on 27th Oct at 11:30 AM.
I will also join you on 27th Oct at 11:30 am along with my friend. We both have booked apartments here.
Also, I feel that the service tax and VAT is very high compared to another builder I have booked an apt.
Total tax (ST and VAT) of KPDL 3 BHK = 10.33 % of total cost
However, total tax of other builder where I have booked = 6.94 % of total cost
Way too difference… I think we must raise this concern.
Hi Asis,
Sorry yar today won’t we possible for me to visit KPDL office due to some personal reasons. I am planning to go next week sometime. This time may be you go ahead. Next time I will talk to them and update you guys.
Regards,
Shitiz
Sorry Asis, today i will not be able to come because due to some personal reasons.
I am planning sometime next week to visit KPDL office..
Request you to please update us with the discussion whatever you will have with the builder. I talked to CRM team regarding ST and VAT, they said it would not be possible to give ST and VAT at the time of possession and we have to give them in installments only, also they are not going to provide any govt. receipts.
Any of you received the agreement papers? Kindly let us know.
Nice suggestion Shitiz. If all agree we can meet coming saturday 3rd or 4th at kpdl office or raaga site..
Regards,
NO….
I had a word with them, they said that it will be ready by Thursday.
Hi Asis, Would it be possible for you to make it on coming Saturday (27th Oct’12) at KPDL office? so that we will discuss with them regarding ST and VAT.
Most of the builders take ST and VAT at the time of possession and provide govt. receipts..
If anyone is visiting the office to discuss on ST & VAT clarifications today, Please let me know I am keen on joining. My number: +91-9986314825. I have booked yesterday a 2BHK apartment in B-Block at Rs3000 per sq. ft.
Hi Guys,
I got a mail from Kolte-patil today (after following up) that the agreement copies will be sent in couple of days,
what is the service tax percentage, they are charging service tax and vat in each slab of payment, Is this the right payment structure given by them?
Thanks
Deepak
hi..
Even i got the mail today, we need to pay the stamp duty charges for the agreement. The agreement wil be done by next thursday. Even i have no clue abt the VAT and ST.
CAn any1 explain me abt this? how much we will end paying them with ST and VAT
The total tax(service tax + VAT) for a 2BHK apartment area 1061 Sqft comes to 3, 70,308/- which calculated wrong i believe,
As i was going through the rules and service tax calculation, that Service tax is applicable only to the 25 % of the basic total value and remaining 75 % is applicable for VAT,
They have charged everything on 100% apartment value,
This is explained with below example:-
Consider you a flat costs 40 lac then Service tax is only applicable on the value of 10 Lac at the percentage of 10.3%, which would be 1,03,000/-
remaining 30 lac will attract a VAT of 3 %
May be an tax expert can comment on this,
Also ask for the tax invoice paid by them to Government against your flat, we would need the Reciept that such amount against service tax and vat is been paid , this receipt should be from the government body who is taking the tax not from the builder,
Hello,
This is how KPDL has calculated the ST and VAT.
Actual ST = 12.36% and VAT=14.5%
However, for a under construction property, actual ST = 30% of Construction Cost and VAT=70% of Construction Cost
Therefore, ST= 12.36 * 30% = 3.708%
VAT= 14.5 * 70% = 10.15%
Now, Construction Cost = Flat cost – land value
Hence, if a flat cost is 40 lacs (basic + car park + club membership)
Construction Cost = 40 lac – land value
Hence, payable ST= Construction Cost * 3.708%
VAT = Construction Cost * 10.15%
Is this correct?
They charged tax on construction cost inclusive of Car parking, always a car park doesnt falls into the tax bracket< we need to fight for this,
Hi,
Yes the calculation provided is correct , since i had same discussion with KPDL.
REGARDS
So should we pay ST and VAT to the builder? because he is planning to take ST and VAT in very installment.
Today i talked to KPDL, they are not going to provide any govt. receipt in lieu of every installment.
So can we together discuss the same with KPDL?
KPDL has sent a mail yesterday stating ded to me made in favor of sub registration office Shivaji nagar, today when I re checked they said its registerarshivaji nagar, moreover yesterday the ded amount was given as 852, and today they told me that it’s 725 and not 852, extreme negligence and poor communication.
The reciept has to be given The reasons are as below :
Whenever a good is been completely sold then only the tax comes into picture, You cannot take tax without even giving a Possession,
At the time of possesion this tax has to be given but not sure why are they demanding tax in very beginning, I had a word with a person who works for propTiger and was involved in selling flats in “RAAGA”, He says when his supervisor spoke to authorities of KPDL, they said they need to pay these taxes to Govt,
Till here it is agreed, But if the tax is really required to pay to Govt. what is the problem providing the receipt of the same?? the question needs to be raised to KPDL, If needed we can plan meet at KPDL office,
Also there is Big flaw at the time of booking the flats the quote given contains the ST and VAT is around 1,90,000/- either it is sold by PropTiger or the Builder himself, Both have quoted the tax as 1,90,000 (approx +- 15K) but now the tax amount has shoot up to 3,70,308 in my case,
These people are unnecessarily collecting money which has no base,
The reason for not providing receipt of VAT and ST is due to the fact that they will be submitting VAT and ST as complete for project and not by individual flat.
Same was comunicated to me when I contacted them yesterday.
Regards
Munendra kumar
May I request all who have already booked the flat to meet any spcific week end at site, my number is 9986739036.
I have booked 3 flats
In that case, they need to provide the copy reciept of totax tax paid to the govt and give the break up of an individual flat,
But the fact is they cannot give this, because they will not be paying tax to Govt. now at all, they will be paying tax at the end of project, they are just creating stories to escape and grabbing advance tax from End users,
I would also like to meet KPDL people if it is saturday 27th Oct,
I can be contacted @9986038877
Thanks
Deepak
HI Binu,
We are planning to meet KPDL office on coming Saturday 27th Oct to discuss ST and VAT + any other concerns. Please let us know if you are in?
Sure shitiz. I’ll be there. My contact no is 9916099019
Dear All,
can anyone mail the agreement letter to .
I am planning to book 2BHK here. it would be helpful for me to take a final decision.
Thanks in Advance.
Plz see the link below saying possession by dec2015
http://www.indiahomes.com/india-properties/Bangalore-Real-Estate/Kolte-Patil/Raaga/Kannur-Road/349378750214697715/googlemap.html
Hi all Raga owners,
Please join .
Regards,
Today i talked to one of the marketing guy of Kolte Patil, He assured me that agreements are almost ready and will be received by this weekend. After that we will get 15 days time to get it reviewed.
Hi Friends !!!!
any one got their agreement papers for kolte patil? its been almost 15 days ive booked a flat. still dint get..
let me know if any1 has any update on this…..
I spoke at KP’s ofc today and they said we shall be getting the agreement letters anytime this week. also ground work is over.
I booked this prop somewhere in sep 2012.
Hi…
Yes even I got the call from kolte patil. They said that the agreement paper will be dispatched within 2 to 3 days….
Hi all…
We booked a 3 BHK here last week… and like everyone we havent recieved the agreement yet. My friend too has booked and she also has got the documents verified. the docs are fine but the problem is SBI has not yet approved the project and the marketing office ppl are saying the talks are on and it will be done in few days… i think all of us who have booked should mail the KPDL team about this and when they see a majority they might process it early….
about the quarry yes its a worrisome….coz the blasts can crack homes..and i am sure none of us want that…. but from reliable sources…we have found that as that area is seeing a lot of development in terms of residential places…. the quarry will soon shut shop… and if i am not wrong the supreme court has already ordered closure and things are happening illegaly…
if any body has any other info pls do share…
we have only booked.. and are yet to pay the 15% amount which is due…. what shud we do? investment is good but we plan to stay there when its done… so is it a safe decision.. 🙂 just pondering… any guidence is welcome
🙂 thank u all
Hi Balika,
Even I am thinking about the same issue…if it is for purely investment puprose, it is really good(may be in the timeline of 5-7 years) but if we need to stay after 2 years, will it be possible to stay there or even will anyone ready to occupy for rental in that location? how much development we can expect in the two years time line….
Hi,
I have booked one 3 BK on 20th Sept. Yet to get any info on paying the 15% to KPDL and the agreement papers. My frnd also booked one 3 BHK. It’s a safe bet. My contact id & frnd’s id . I have formed a group . Please join in this group.
HEy thanks asis…
thats really nice of creating the group of KOTLE PATIL.
Ive booked a 2BHK last week, called them today, still the agreement is not ready but they said that the SBI approval is almost done, KPDL is waiting to get the SBI approval no.
Hi Asis,
I tried joining the google group… dunno why i am not able to. could you please send me an invite to my email id.
Thanks,
Balika
Hi Asis ,
I am also not able to join this group, please send me the link at .
Regards, Shitiz
Dear Friends,
I have also booked 3bhk at Raaga, look ok, but it would be good if all of us can ask developer to conduct meeting of all people who had booked the flat and provide detail about there progress of work, may be once in 3 month.
Thanks and Regards
Munendra kumar
I have tried joining the group, but there was message that I need permission to join. Can you please add me in the group? My email id:
HI Asis,
Add me in the group. Not able to access.
Well,regarding the quarry,I had been to the site last with my colleague.Saturday.
I was riding my bike on the just infront of the site. At that time I heard a dynamite blast in the quarry. There was vibration on the ground which I could feel.
I thought its OK.
The I had a visit of the site and I was looking the model flat. At that time again there was a blast in the quarry and the full model flat dis shake. I could hear the sound of window vibration for quite a few second.
Hence I dropped the plan to buy the appartment.
I know there is order from Supreme Court but by the the time it would be enforced I guess all the base of the appartment would be damaged by the blasts due to vibration on the ground.
Apart from this I felt there are too many flats (around 800) in just 4 acres.
Its a bit congested.
Thanks everyone for the above info… after Anil’s post i am very concerned regarding the safety of the flats. coz if a blast can create vibrations in the apartments..then for sure the life of the building will be heavily compromised…
I am planning to email to the KPDL team regarding this and lets see what their answer to this is…. in a lot of way its clear why their price is 3000 psft and why mantri thats just 1 km away is charging almost 4000 psft..
seriously concerned!!! 🙁
Balika,
Did you received any confirmation from builder regarding the shutdown of the quarry or have any URL for this.
If so then please share.
Karry,
I have no written confirmation on the quarry thing. it was just word of mouth and it has been mentioned in the following site http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article2286770.ece
yes it’s safe descision but i m also concern about or think about quarry
here is the reply to my email from KPDL
Q: Will KPDL plan any action towards the quarry in front of the site that is causing vibrating effects to the land and in future may affect the buildings
Ans: The Government has issued a notice to stop the work at the quarry and the same shall be implanted soon, hence there is nothing to be concerned about.
The agreement will be done in a weeks time.
I have also booked one 3 HK a week back. Mostly I will get the agreement paper in 2 to 3 weeks time.
I stay in Hennur road (Mantri Splendor). It’s definitely a very good investment considering following facts:
1. Well known developer (Good name in Pune area)
2. Hennur road Apt current cost around 3500 to 4200 INR per SQFT
3. Just adjacent to the road
4. Double lane road with divider
5. Close proximity to Manyata Tech park, Air port and Schools
6. Very good price compared to the new developments (Mantri Aura, Salapuria ..etc, current price 4000 sqft)
hi
What about the approvals? i have visited the site they are saying that its approved by BBMP. Do you have any other location info about the sites adjacent to it??
Is there any other known builders coming near to the apartment
Hi Asis,
What about water supply in that area.I heard that some of the appartments are using tankers to fullfill the water supply.
And about the Quaary in front of the project
Yes, there is a Quaary infront (~ 1 KM) of this project. Am staying in Hennur road. Almost all the Apartments in this area use Ground water as well as Tanker as Kaveri supply still not available.
Other renouned builder in 3 to 4 KM teritory are
Mantri Aura (~ 60 Acer Township)
Salarpuria Gold Summit (33 floor)
LGCL Duplex
Some other developers (I do not remember the name..)
About the approval, they mentioned that its BDA approved as Bank (Axis, HDFC, ICICI, LIC Finance) has the approval no. I have less knowledge on this.
Regds”
Asis
Any idea how many appartments have been booked till now??
I called KPDL this Monday. They said 95-96 apartments have been booked so far and they will launch the project after 100 bookings. So, they were saying it might be launched in the next couple of weeks. This is when they will send an email to start the agreement process.
Also, they said, SBI approval should be done in a week or 2.
I am also interested in Raaga. Few points if someone has answers.
1. Do the apartment have Sewage Treatment. It’s a mandatory regulation. Any idea what technology they are building with this. Where is the location and what capacity. This is major problem in apartments in Bangalore with STP not designed properly. A recent advancement in this area have created flawless STP plant. Believe me maintaining STP plant is cost you around 60-70k per month.
2. Individual Water meters. Apartment and community living has shared expenses but become uncontrollable. If Raaga does not have those owner should ask builder to do it now itself. The expenses while construction is just 1/4 to implement vis a vis after construction complete. Water meter reduces 30-50% of water consumtions.
3. Do they have basement parking and above that garden area? If yes this is main problem of leakage. How they addressing these during construction.
4. Do they have Rain water harvesting and recharge pits for borewell? If NO please ask builder to do that. This will eliminate the water issues latter.
5. I heard they are having phase 2 coming up and latter some luxury apartment. How the bifurcation of the title deeds will be done for the phase 1 and phase 2? Did they bifurcated the title deeds. Once the builder moves out the title deeds will be handed over to the association, if this is not bifurcated it will be real issues with title deeds.
Thanks
Amit
Today i visited the site and had detailed discussion with the marketing person.
Pros:
+high developement on the way from OOR to the project.
+price is ok 3000 sq ft.
+ good chance of appriciation.
Cons:
+Its areound 8 km from OOR .
+Not sure if SBI has approved this.
I would like anybody to contact me who booked the flat here or plaaninag to take.we can get good discound if we do bulk booking.
Hi, How is the road condition from ORR to this place? It would be good for investment considering proximity to Manyata Tech park (MTP). I see there are new buildings coming up at MTP so the demand obviously goes high.
Regards
Jay
Its just adjacent mainroad (Double lane road with divider)… Its worth investing.
Hi Karry,
I am also interested. Please let me know if you haven’t book the flat so that we can negotiate.
my email id –
I am interested too. Please include my name for group booking.
Please add me on this group
Hey All,
Prices increasing from Friday any one intrested
I booked a 3 bhk a week back but haven’t received the agreement yet. Anyone here who has booked, it will be good to connect.
I am also planning to book @ What price did u book the apartment, Please share your views on the basic price/ floor rise ect which will be appriciated and we form a group
Hi,
Even I am interested in investing for the same. If planning for group bookings then add me to the same.
E-mail:
Hi Rahul
Please include me in your list. I am also interested in booking. My email id is
Thanks,
Arun
Pls include me as well. My email id is
What is the group discount booking rate ? Please include me also
i m interested in booking.Let me know if somebody is keen we will go for negotiation together
Please let me know if we can get any discount on the group booking.have already visited the site, quarry is a bit of a concern since even after court orders of shut down its running.they quoted 3k per sqft by the way, though i never tried to negotiate.
What was the price you booked for …..Please let me know…. Did u do any negotiation on Rs 3000 /sqft.
I too have booked a 3 bhk. Haven’t got the agreement done yet. When last spoke to them, they said it would take 2 more weeks. Am planning to visit their office on Monday, will update you. Meanwhile, has anyone got the documents verified?
Same here too.. I also booked 2 BHK on 4th Sep but did not get any information about the agreement from the builder?
I got the floor plan and flats are having common walls at some corners. Yes ORR is very far from this venture.
The only issue with Kolte Patil is their brand name has been tarnished in Bangalore because the only project that they have delivered in Koramangala is full of problems. In Pune, Kolte Patil has delivered some good projects.
Hi , What kind of problems?
This property is right opposite to a very big quarry, I happen to even get a news article on this
http://wikimapia.org/#lat=13.0984141&lon=77.6480737&z=16&l=0&m=b
http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article2286770.ece
i was told price of 2750 …has it increased to 3k …..looks like a safe and good option as builder is good one from pune.