Bhartiya City @ Thanisandra Road
Bhartiya City an integrated township spread across 125 acres has opened the booking for their residential apartments called NIKOO homes. The integrated township will host a high end hotel, hospital, school, entertainment & shopping facilities apart from offices.
Bhartiya City Options
- 1 BHK
- 2 BHK
- 3 BHK
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Bhartiya City Location
On Thanisandra Main Road, near Sobha City.
Key Distances
- MANYATA Tech park – 4 km
- Hebbal Fly Over – 8 km
- MG Road – 13.5 km
- City Railway station – 18 km
- International Airport – 23 km
Bhartiya City Price
- 1 BHK – 29 Lakh
- 2 BHK – 39 Lakh to 47 Lakh
- 3 BHK – 64 Lakh
Bhartiya City Investment Plus Points
- Thanisandra Road is fast developing with a large number of residential projects being launched in that area.
- Integrated townships are a good investment, the township will also host an SEZ offering about 3.7 million sft office space
- Basic Price looks good
Bhartiya City Concerns
- The project is in planning for about 2 years now
- Being a large project the project execution would be a challenge and one can expect delays in completion of the residential units
I want to sell my 3bhk, 1573 sqft in tower 4
Kindly send cost sheet to Halimamnm@gmail.com
SEND PRICE, LOCATION AND FLOOR PLAN..
Please send details to mailashupatel@gmail.com
kindly mail your apartment details to thulsiyadav@gmail.com with the floor plan with your contact number.
Regards
Thulsi yadav
Hi,
I am looking for 2 BHK or 3 BHK in phase 2.
Directly contact Bhartiya city for phase 2. Why looking for resale in 2 phase?
Thanisandra and Varthur in Bengaluru to see biggest realty price rise
http://www.financialexpress.com/article/industry/companies/residential-property-prices-to-stay-muted/179941/
http://realty.economictimes.indiatimes.com/news/residential/thanisandra-and-varthur-in-bengaluru-to-see-biggest-realty-price-rise/50218762
https://play.google.com/store/apps/details?id=com.myageeducation.nikoohomes
I came across a nice android app for Nikoo homes in the google play store. Its called “nikoo homes” in the play store.
31 owners have already joined the Nikoo Homes app from various towers. Download and install the Nikoo homes android app and be part of the group and have a closed group discussions. The app facilitates sending messages to other users of the app without knowing their phone number and email addresses. Owners, team up!!!
Sreekumar, Have you purchased flat in Bhartiya City. Who brought this app, there must be someone launched this app.
Yes, ganesh, I have bought one 2-BHK at phase-2 of nikoo home.
I’m looking for 2.5/2 bhk in phase 1. Mail me price and floor plan details if anyone interested to sell… Yashwanthgudur@gmail.com
The app concepts seems to be good. No idea if builder is anyway connected to the app. We should be careful in discussing sensitive things within the app till the time everyone gets full confidence that the discussions are safe and not falling into the builder’s hand. But there is no way to control that. Any one from the Builder can register thru the app by giving any unsold apartment number. In that way, even google or yahoo groups are not safe. The app developers seems to be new, not sure who they are. They have a few apps but most of them are just a month old or so. Quite a few owners have joined it the nikoo home app. I see approx 50 owners in the app.
I have heard from sales representative that BCIT new tenant is IBM. They has been talk with IBM management and BCIT to lease out the BCIT for IBM. IBM management wanted to move out of EGP koramangala to consolidate infrastructure to BCIT that is near to manayata tech park. Does any body has any information on the same?
Someone was telling about Cumberland. I dont know for sure. If anyone has info kindly let us know. It would be good to see an office taking shape for future..
Yes Sutherland is the first company at BCIT. IBM has signed up for 1 million square feet space to be fully occupied by 2017-18. Bhartiya City will have total of 3.7 million sq ft of office space when it is fully ready.
Yes, your readings are accurate. The news will be out in Q1 – 16
BC Phase I – Can swapping of flat possible (if yes) is anyone interested to swap corner flat in Tower1
I hold a flat in lower below 5 floor, I am looking for higher flat above 10 floor
I have a 3bhk on 24th floor. What is your apt size? num of rooms?
Last week checked with BC. They say swapping of flats not permitted. Only cancellation and rebooking allowed
i am looking to buy a 1BHK @ bharatiya city
I have a 1 bhk in phase 1, tower 9 to sell. share your email id if interested.
Hi ,
Please let me the size/dimensions n price, email: raveendrax@yahoo.com
I am interested in buying 1 BHK, can you please share the detail at rajeevknit02@gmail.com?
I have 2.5BHK 1326sft flat for sale in Nikoo homes phase1 for sale,if you are interested mail me to prashanth07@hotmail.com
Can anyone please confirm the flat ownership transfer charges? Is it 100psft or 200psft?
Regards,
Indra
100+14.5% st
Bengaluru has made debut in the list of top 20 commercial real estate investment cities in the world, says a Jone Lang LaSalle report. Only Indian city in top 20.
http://www.dnaindia.com/money/report-namma-bengaluru-now-one-of-world-s-top-real-estate-hub-2145987
I want to sell my 2.5bhk 1300sft premium flat in BC Phase1 Nikoo Homes in Landmark Tower (T5).
Expected occupation is end of 2016.
Reason to sell: This is only investment. Am constructing villa in South Bangalore.
You can reach me at “phase1.bc.2.5bhk@gmail.com” if you are a serious buyer.
please share me details on my email.
What’s your email id?
I have 2 bhk 933 sft in tower 7, 7th floor, on very urgent sale, with immediate payment option ONLY.
Give your best offer.
email me @ ibrahimsait@hotmail.com
call me on 9880025663.
Hi,
I want to sell my 2.5 BHK (2 bedroom with study) in BC Phase 1.
For more information please mail me at bc1.flat@gmail.com
Niki, please list your flat for sell in the “nikoo home” android app. All the listings are consolidated in one place and it gives a good visibility of your ad all the time. Give it a try.
I want to sell my 2.5 BHK (2 bedroom with study) in BC Phase 1.
For more information please mail me at bc1.flat@gmail.com
Government relaxes FDI in construction:
http://www.firstpost.com/business/modi-govts-diwali-dhamaka-announces-fdi-reforms-in-15-sectors-including-aviation-defence-2502866.html
Hi,
I have 3 BHK flat in Bhartiya city. I can give Rs100 Per SQFT discount than market price. If any one interested contact through my e-mail id sontha.home@gmail.com.
Regards,
Kumar
Ohh..what a joke..Rs 100 ..you would not be able to sell even if you offer 1000 discount
There are no real buyers in the market
It’s already finalized, you just keep spreading rumors, may be because you are unable to buy one at some imaginary rate which you want.
Hi,
If the flat is still available please mail me on thulsiyadav@gmail.com. I am looking for a 3 BHK.
Request you to kindly mention the cost, floor plan and your contact details.
please email me all the details., im looking for self use.
Please send me complete details on my mail ID ajitrjha@gmail.com. I am looking for 3 BHK. Thx.
What is the current resale price in BC phase 1?
Two bedroom flat in Phase 1 for sale. For more details, please contact me at: bcity.flat@gmail.com
Looking for resale flat in BC.
My email id is hpraveen.vp@gmail.com
I’m looking for 2.5/2 bhk in phase 1. Mail me price and floor plan details if anyone interested to sell
kumar.kushal@gmail.com
Dear Kushal,
I have 2.5Bhk 1326sft in Nikoo homes phase1,Tower 4,11th floor for sale.
I will mail you the floor plan and price.
Thanks
Prashanth.
Those booking apartments in Bhartiya City please understand the situation is not like before. They need 2000+ bookings in phase 2, its difficult to get half the number in current market. If they do not cross the threshold be sure that Phase 2 is going to get delayed by years.
If you do not believe me, spend some time researching about what happened to Mantri WebCity parcel 2. Proves that even experienced builders are not immune.
It is better to book a ready to move in flat or those very near to completion than take such high risks in already difficult market.
@NA Unless you encounter some distress sale a completed property is always costlier than launch phase projects. In some cases they cost over 50%. It is always a risk reward proposition.
@Ram, But in Bhartiya City Phase 1, properties are available for resale at hardly any price difference and it’s towards completion.
prices will crash definelty. if you are an investor then RE is strictly NO. People are struggling to sell an apartment..I myself have a 3 bhk in chennai and i am waiting for the last 2 years for buyers..
NOT Even 1 buyer is available. There are no buyers..i can say that
@Ram, please don’t exaggerate. I have sold 2 of my apt. in Bangalore in past 2 years.
May be you are expecting much higher than market price, otherwise it does not takes more than 3 months to complete whole process (yes from first advertisement to getting money).
It’s not that there are no buyers, you can search how many registrations are happening in Bangalore.
Yes the investor/speculator frenzy is over and price is stable and it’s a good market for end user.
Those considering to book in Bhartiya City, check this video. This project gives everything with a better location:
https://www.youtube.com/watch?v=qHf5yEDu6b0
@Sam Karle costs approx Rs 8000 per feet and they have nothing below two crores. The location is only 5 kms away, it’s grossly over priced.
@Sam and what about the price Differential??? Smallest properties in that project are over a Cr.
If you have a budget of over Rs 8000 per square feet please consider RMZ Galleria – it is one of the best mixed development in North Bangalore. It is in Yelahanka about 7 kilometers from Bhartiya City.
I want to sell my 2.5 BHK (2 bedroom with study) in BC Phase 1.
For more information please mail me at bc1.flat@gmail.com.
Please email me at kartikrustagi@gmail.com
ramkrishnamajumder@gmail.com
Got email from management that the BC IT park has got it’s first tenant – CUMBERLAND GLOBAL SERVICES. They have already started operating from Block 1. The company is an MNC and is planning to house around 2000 people to start with.
Looks like things are picking up fast. Construction is going on at rapid pace. Towers 10, 11,12 are almost done.
Please add my no to phase l group. 9483500612
New Sale Vs Resale sales Contradiction:
I can see lot of people complaining about lack of buyers for Resale. While at the same time there are lot of people buying in Phase 2, so indeed there is demand.
I understand that BC marketing guys are able to reach to new buyers more easily, but any one investing in property do check about the reviews of the property and thus at least half of the them will come to know about the resale apartments.
So either People are quoting very high as compared to phase 2 apartments (I think ~300-350 above phase 2 rates is a fair price).
Or resale properties are not able to reach potential buyers. Because a guy ready to buy phase 2 should be fine to get phase 1 for 7-8% premium when he can save 2 years and related tax benefits.
@Prem
Read more about this PARADOX in my below post.
1) Find out why INVESTORS prefer pre-launch to ready-to-occupy investments?
2) Why investors must find a HOME buyer—and not another investor—for re-sale?
3) Why there is a dearth of REAL home buyers?
4) and finally, How unbridled GREED is forcing investors to continue to lap up pre-launch “offers” in a hope to repeat the success of yesteryear.
Find here:
http://harshasagar.com/2011/06/09/prestige-tranquility/#comment-37169
In that link you have mentioned that it has been stretched “beyond repair”. I don’t think there is any thing like “beyond repair” because its a cycle, it goes in circle. It was in investors favour till now and now it’s in favour of the actual buyers.
For end user buyer it’s the time to BUY because:
1. Interest rates have started reducing. It indicates end of interest increase cycle and start of interest reduction cycle.
2. Over all economy has started improving with long term prospect.
3. $ is high so more outsourcing hence hiring
4. Next pay commission recommendation are our with good increase in salaries and property has always seen up move with pay commission implementation (due to high arrears get invested in real estate)
5. Reduction in unsold units coupled with less fresh launch (as per that article)
6. $ is high so high remittance
Defining common man’s reach is very tough, if u compare Bangalore price with Mumbai, it’s nothing, It’s even lesser than Gurgaon (which is much fair comparison).
I am not saying that investors will jump in and price will sky rocket.
But prices will remain stable and increase marginally and demand from end user will increase. Because all of the above reason.
The biggest advantage Actual user has over investor is TAX BENEFIT, so even if the prices increase marginally, tax saving adds up a lot.
But my actual question still remain un answered:
Builder is still increasing the price (Latest is 4750/-) and people are still buying (though the no. is not huge)
So either resellers are quoting very high price.
Or resale properties are not able to reach potential buyers.
Because a guy ready to buy from builder at current price should be happy to buy from reseller at reasonable premium (7-8%)
Considering he will gain full 2 years, so:
1. No EMI burden (for ful 2 years)
2. Early move in (this is applicable only to end user).
If resellers can be matched to buyers, this price rise by builders can be constrained.
Prem – Phase 2 in Two years? Phase 1 was launched three+ years back and still needs more than six months. Mark my words Phase 2 wont be ready even in 2019. Bhartiya City commitment for the delay is is peanuts and that too applies only after Mid 2018.
My sincere advice is do not accept the agreement and ask for delay charges of Rs 10 per sq ft. If you can’t get them to agree, be prepared to pay EMIs for long periods without possession.
OK, time to complete phase 2 may be 3 yrs or even more, that should make Phase 1 resale apt. even much lesser risky and hence much more attractive and hence should command even more premium (25-30%) over phase 2.
So those claiming lack of buyers for resale, are they quoting very high price?
Prem, i donot understand how you get these numbers just like that. In reality, money will not come to your account just because you posted in this forum 🙂
No offense meant, but I observed this kind of made up numbers from sales people.
@Rajesh which no you are referring to?? If its about Phase 2 rates, I got it from BC.
If it’s about the premium of Phase 1 over phase 2, you can see clearly I mentioned that these are reasonable figure which I think and also the reasons for which I think.
I don’t think a sales person will discuss benefits of already sold phase over for sale phase.
And will say “If resellers can be matched to buyers, this price rise by builders can be constrained.” 😉
@Prem Its because people are penny wise and pound foolish that they can’t do the math. They ignore the risk, think of saving couple of hundred bucks per sq ft and loose more money down the line.
We got a good price for resale in phase 1 and it works out cheaper than phase 2 when we add the rent and tax saved for two and a half years.
@Radhika, Even saving a lot is so evident. But may be you are true people don’t calculate it and only look at the PerSqft price. Even other outlays in Phase 2 are higher.
You made a smart move. You not only saved time and money but also lots of risk (and related tension), as phase 1 construction is in full swing.
I remember the wait from booking in Oct. 2012 till Apr. 2013 when construction actually started was quite tense. With all kinds of -ve news flowing (just like those for Phase 2 now).
But I still think most new buyers (not only in BC but also in other projects) are not aware about resale properties. Matching the 2 can be a good business idea ;-).
Hi
Sorry for delay in response. Please join the facebook group of Bhartiya group owners. This is only for those who bought the flat
https://www.facebook.com/groups/371855752976291
https://groups.google.com/forum/#!forum/nikoo-homes
I have posted a request to join a group with Flat No…. but you are not responding.
http://www.business-standard.com/article/finance/home-loans-get-cheaper-as-sbi-cuts-base-rate-by-40-bps-to-9-3-115092900555_1.html
Believe it or not – in 2018 the price of BCity apartment will cross Rs 8000 per square feet.
Here is why –
By 2018, BCIT will be functioning with at least 10000 employees.
Retail segment will be nearing completion for the thousands of families of phase 1.
Over-all development of the region, low interest rates and the turn-around in sentiment.
Have noticed a complete dry up of new prelaunch or launches in recent months..situation was very different a year back…unmistakable signs of real estate slowing down..prices of even tier 1 builders are stagnant..I guess people have finally realized that such high prices are unreasonable …
Yes slow down in launches is good and needed, reduction in supply will show benefits down the line as the inventory slowly clears. There are lakhs of people in bangalore who want to buy a home, and lower availability in a year or two will trigger an upward price move.
even with major IT companies around in bellandur, investors are struggling to sell their apartments (alomost ready for handover state) for 5500 per sq feet (I’m talking about apartments of reputed builders like Prestige). With IT salary being almost stagnant, any more major appreciation in property prices is a distant dream. I think people have realized this already, that’s why builders are running pre-launch offer for months, what it used to be just days 2 years back. Also we are seeing a lot of no-pre emi, 80:20 offers etc to attract more customers.
80:20 offers are due to higher cost of capital for the builder, EMIs offer capital at far lesser interest rates.
Buying and sentiments follow cycles, people who are unable to sell in this down cycle will be glad couple of years from now that they were saved from selling at low prices.
>>>> people who are unable to sell in this down cycle will be glad couple of years from now that they were saved from selling at low prices.
But holding on to BAD investments has a cost. Investors will have to sell at MUCH higher price to make up for the losses they are making today. Where will they find those HOME Buyers, if they can’t find them now at lesser price?
Read my post on “opportunity cost” here:
http://harshasagar.com/2014/02/17/godrej-whitefield-road/comment-page-1/#comment-28563
What about the RISK they are taking? What if they can’t sell for higher prices later? The interest outgo on EMIs is REAL and NOW, whereas the rewards of selling at higher price is, obviously, SPECULATIVE. After 4-5 years, Bangalore may lose its sheen. It may find itself competing with Andhra’s capital or other smart cities, all vying for the IT pie. IT salaries have already stagnated and the layoff fear looms larger every passing day. Older technologies—which currently employs majority of the IT populace—are getting replaced by newer, cost effective ones, which need fewer resources and are mostly automated.
What about new projects that will continue the supply equation? So, overall, there are several uncertainties, which investors must factor in before deciding on holding on to their BAD investments.
I wonder why you didn’t say world can also end and that would make any investment worthless.
Hi K, i understand your frustration from your comments but in reality at this point any real estate investment is worthless. It gives you sleepless nights and make you fight with strangers over internet, and provoke to make irrational arguments.
LOL…really!!
Barthiya city will be worthless in future with your ‘rational’ arguments:
– Having offices close to home might make it worthless, how can one appreciate time unless they travel hours to work.
– Having a school makes it worthless, how else will children develop immunity to pollution with having to travel.
– Having a hospital makes it worthless, how much less will one remember god if one reaches hospital sooner during emergency.
Out of frustration you didnt read my reply properly. Read again and again till you get it.
I said worthless “investment” not for end use. I didnt say single thing about living there or end use, but if you invest with a hope that it will touch 8k per sft, im sure you will be one sad kid by end of the day !
@K, would love to have the home with all those worthy elements. But at the same time, I don’t want to be enslaved for 20 long years and survive with only half the salary.
I don’t think salaries rise at more than 10%, unless change the org every year.
Don’t have any financial backups.
Only hopes of getting rid of this slavery are, wife starts earning, go to onsite, win lottery, equity investments become x10 or win a lottery.
@K
I wonder why you didn’t say world can also end
Investment options must be weighed against ALTERNATIVES. Keeping money in cash and not investing anywhere because the world is going to end is an illogical alternative; for Cash will also be worthless if world ends.!!!
Obviously, if you are a sleaze bucket who ran out of rationality, nobody can help.
I wonder what is the agenda of Ms. Manjushree. Though some of her thoughts are interesting to read, she seems to be completely pessimisstic about the real estate market. And we can see her negative views throughout in all the projects. I dont think i have seen a single positive review on any project by her.
Though there might be slowdown in the market, people who want to buy their homes will definitely keep on buying. This sluggishness may well be used as an opportunity to pick and choose your dream home with attractive choices and rates for many people….
Hi Sanjay,
If you read Manjushree’s posts properly, Manjushree is never against end-users buying a home. Manjushree is only against common man trying to make quick bucks by investing in real estate and then selling it later. Some of her posts clearly say that if you are an end-user and can afford a house, please go ahead and buy it at the current rates. She never discouraged end users .
I think like many misconceptions about making a quick buck in real estate, it is also a misconception that Manjushree is female. It may well be an alias :-). First the builders are very greedy and on top of that the investor looks to make a quick buck by trying to kae 50-60% profit within 2 years. Where will it leave the poor end user ??
Sanjay, its your problem if you failed to see someone’s positive thoughts. Manjushree always says its up to you, if it is for end use. Her intention was to give some knowledge around, mainly towards dead investments, fake inflation, fraud practices by builders.
But Use your intuition to take a call, if you are taking decision(buying 1100 sft flat worth 80lacs) based on random stranger’s inputs over internet, i think its big time to re-evaluate your strategy.
8000 psft is a butt of a joke…it cant happen even by 2025….let me tell you why…
(1) The project concept itself has severely skewness and flaws highly towards the builder…2800 flats in 15.5 acres is very very high foot print even for 25+ story building….2800*4=10,000 people in the smaller area leaving the building foot print, you gonna bump into someone shoulder all the time…
(2) The uds you get is close 22% which suppose to be more than 30% ideally…and the carpet area you get is 68 to 69% which is ideally suppose to 74 to 75% (the builder already looted 5% of your money)
(3) 10,000 employees?….do you the high amount of layoff, jobs drying off and several proposed plans are on hold?….
(4) Today scenario, people r struggling so much even to sell the flat after reducing price by 1000 rupees per sqft than what builder quotes…
(5) The project was launched at 3900 sqft base price in Sep 2012, and now even after 3 years, you can get resale for 4600 psft which is actually a bad appreciation…people all knew it and its very difficult to make cut here…originally the price should double by 6 to 7 years even by Fixed Deposit standard..i will be very very surprised if it gets even close to 6500 psft by 2012+7=2019….which is actually only 66% increment, that is 8% year on return less than what FD can give…yes if we get into finer details of stage wise payment everything, still the return on investment would be very poor on this project…mainly because aleady the builder taken away all the money by quoting a high price for very less carpet area, very less uds and packed so many flats in so less area…
(6) Yes you can argue its all sold out, but yes there are people who doesnt aware of ground realty out there..
Well written blog that explains many things about prices in indian RE:
https://www.linkedin.com/pulse/why-indias-home-prices-crash-ritesh-kumar-singh
Crash is a misleading word, used to attract readers.
The Unsold inventory chart there clearly indicates ~9% reduction in unsold inventory in Bangalore.
It may hold good for Delhi, but Bangalore is far more stable market.
There haven’t been a year when people did not scared of layoffs and at the same time cribbed about ever increasing population of Bangalore. In reality Jobs in Bangalore have always increased (check NASCOM data) and due to increasing traffic people move nearer to office.
I don’t support that prices will be 8,000 in 2 years, but expecting a Crash is also not justified.
There will be moderate demand by the end user and bit of NRI (Higher $ value and decreasing FD interest rates).
After recent interest cut demand will increase (but wont jump), lack of pre-launches will reduce unsold inventory creating more demand.
I would like to sell my two bedroom flat in Phase 1. For more details, please contact me at: bcity.flat@gmail.com
i am interested in purchasing a 2 bhk apartment from phase-1 of bhartiya city. Any interested seller, please send me their contact information on my email vjinhome@gmail.com at the earliest
Thanks in advance
BR
Vikas
I am planning to buy a 1BHK flat(Lowest Dimension). If anyone selling in Phase 1 or Phase 2, please let me know.
I need East Facing and it should be after 15th Floor.
Hi Deepak,
I have 1 BHK in tower 9, 760 sqft on 21st floor west facing. if interested, share your email address so I could share the details with you.
Kind Regards,
P
Please let me know the details, my email Vjinhome@gmail.com
Thanks
BR
Vikas
Hi all , Selling my 2bhk 1050sqft flat in phase 1 (19th floor) nikko homes .. Intrested plz call on 9880676869
Thanks .
Is there a group for Phase 1 in Bhartiya City?. Please include me in Phase 1 group and my name is Rajesh Pillai (Tower1)
My mobile no is 9620722200 email princeofindia@gmail.com
I have not received mail. For phase 2. Till now. 9880039289 call me.
We have also bought in phase 2 & sign contract in Jan 15.
Please add us if there is a what’s app group @006594551094
we have whatsapp group for BC2, plz. let me know your name so that we can add to the group
Hi Krishna..this is vikash here..pls add me in the group. my no is 919892896756
Hi Krishna..this is ramesh here..pls add me in the group. my no is 8277116390
Hi Krishna, pls add me to Ph 2 group of whatsapp
Hello Krishna,
I am Pavan. Owner of phase 2 apt. Please add my number +14088399146 to what’sapp group.
Thanks.
Hi Krishna Plz add me to whatsapp grp for BC2…shivendra 9902241631
Hi Krishna,
Please add me to BC2 group.
9731288006
Thanks..
Please add to the BC phase 2 group. Booked 2.5BHK in phase 2.
Hi All,
Are you guys part of BC2 WA group? I see a bunch of messages with ph no. can someone pls confirm?
btw, i received an email from BC2 saying that they are dispatching the agreement for signing.
Hi All, Is that WA group for BC Phase II active now? I have seen a lot of requests on the message board. Can someone pls confirm? If not, we can quickly open a google grp.
Hi…i have booked a flat in phase 2. Please add me if there is any google group or whatsapp group…my no is 9481534320
Hi , Please add me also to Phase1 group
my mobile number: 9740433994
Why dont you guys make google group instead of throwing your contact numbers in group…. You may not be knowing the security consequences of it…
Hey, I received a mail from BC for the sales agreement sign-off for Phase II. How many of you, who booked in Phase II has received the email from BC?, Philip
I also got a call from BC for agreement sign off ph-II…
Me too – received an email. Is there a whatsapp or google grp? I saw some discussion below but not sure if anyone has created one.
Me too received the mail.
we have formed the whatsapp group with BC2 owners. please let me know your @numbers so that i can include you in the group.
Hi Krishna, Can you please add me to the BC2 WA group @447448781572
Hi Krishna,
I too got a mail for agreement signing. Please add me to the whatsapp group. @9886899271
Guys, please add me to the Whatsapp group – my number +1 312-612-1089
WhatsApp Group Admin.. Add me too.. pls send your number on this mail id.. i will share my number. thanks.
Me too received mail from BC for Phase-II. They are asking money, but not shared draft copy of agreement or approval letter.
Hi have not received any mail till now ..for ..signing agreement…pl check approval documents…before sign…call 9880039289.
Dear Mr. Raj,
I have received mail from BC for phase-2 to fill up the application and submit along with 20% payment less booking amount of INR 4 Lakhs. I have requested to share the documents of approval letter and draft copy of agreements. Till now they have not shared any documents. Are there any issues, why they are not sharing documents before payment.
Hi,
Even I received an email from Bhartiya City for sales agreement sign-off.
Does anyone know the expected launch price for Bhartiya City Phase 2?
I think it can not be more that Rs 4700 per sft if they decide to launch now.
But if launch comes late then it could differ
Is there a group for Phase 1 in Bhartiya City?. Please include me in Phase 1 group and my name is Sowmya Sanjay and 9845901834.
With my family choose to book a flat in Bhartiya City in Nikoo homes Phase II on 29AUG15 and selected this date being auspicious being Onam and Raksha Bandhan. We waited patiently awaiting to be attended, although we were observing that we are been skipped and those who came much much later are being attended. It was already one hour past and our patience was not much keeping good. Feeling humilated! the reason of not attending us is that we made a mistake of booking a flat in Phase I and thus thought that we are not potential buyers and thus they thought we will wait as far as they could make us wait. This is the way big first time builders are treating their customers.
Rajesh – you are lucky that you didn’t book the apartment. Nikoo homes Phase II is big failure and good you are not able to book. You wait for few months or year and get the same price and can save money
Thanks Gagan, I have already reconsidering my decision, if they treat customer like that after purchase, I would rather put my money who provide after sales support.
I heard that Bhartiya City Phase 2 is on hold as not able to sell more than 100 unit. Is it true ????
Hi All,
With sooo much volatility in the equity/share market, the real estate seems to be wise investment hereon….with your capital or investment being intact and definite returns in long term if not short term….ALL THE BEST 🙂
@Sanjay, you ‘seems’ to have gone completely nuts with your analysis! lol
@Mr. Funny…. Watch the NDTV programme on “Will real estate act as cushion during the volatile stock market ” …. Where many experts talk on the things which I was talking….in a full hour debate. And then people can decide who is talking sense and who is not.
@Sanjay, the show u suggested is ‘property show’.. Have you ever seen experts in panel discussion of this show suggesting to invest in equity investment althese while when real estate was not doing well since last a year or so..?
They have debate now with comparison to equity, just because equity reacted to chinese jinx.
BTW, this is one such pseudo marketing show for real estate assets, sponsered by real estate companies ( last year it’s was puravakara, which is in a mess now), hosted by guy who’s bread & butter is real estate, what else do u expect than endorsement of realstate.. 🙂
Disclaimer, i too watch this show for fun. One such eg, prop equity guy with little knowledge of Bangalore geography recommends properties in gunjur suggesting it for having greater social infra and being closer to IT offices and in another instance recommended property in which builder openly said they don’t provide OC. So what expertise.. Lol
I agree with Funny. I also believe same applies to most of the experts who come on TV show. I am saying that because I have been watching property shows and investor shows for fun post 2008!
I think we should be open for information from any source but think before spreading information.
I am a true believer that time will answer every question, doubts and speculations raised here but of end result none of us can be 100% sure. According to me our choice is simple: We can either put our money in or not put our money in.
Note: I decided to put my money in Bhartiya City because I want to live there!
@sanjay, consider other way. Unlike real estate, Equity market is now correcting and providing golden opportunity to enter.
I am looking forward to sell my 3 BHK apartment 1573 sq ft in Bhartiya city phase 1, Tower 6 on 22nd floor. It is under construction and structure completed up to 12th floor. Possession likely by October to Dec 2016. Those interested may write to me at ska69@rediffmail.com or call me on 9341250207.
@Ramesh: This is not true. The Bhartiya City Phase 2 seems surely on and is open for sale. I have a flat in Phase 1 and visited Bhartiya City last week to check on the progress. The project seems to be progressing well. There were quite a few potential customers in the marketing office, which means two things .. the sales efforts are continuing for Phase 2, and there is customer interest. BTW, none of the Phase 1 units are available from the builder.
We also need to be rational about our expectations here. North Bangalore has been seen as a hot spot for the past 2-3 years and currently supply is high. Most of the projects are still under construction and the ecosystem is yet to develop. So we need to expect that BC will take more time to sell the 2000 flats in Phase 2 than they took to sell the same number of flats in Phase 1. My feeling is that they have priced it reasonably well at around Rs 4700 and this should help them.
I got a feeling that we’ll have to wait for 2-3 years for this area to develop well.
I have my 2 BHK in Bhartiya City phase 1 and not able to sell last 6 months. I find it is not a good investment.
You are right that few potential customers in the marketing office, but many deals for Bhartiya City phase 2.
I think potential customers coming for tea / icecream. recently Bhartiya City cancelled the event also.
Customer like us who booked apartment in Bhartiya City phase 1, are felling cheated by Bhartiya and so no one is ready to in Bhartiya City phase 2 as in same price or INR 200-300/ sq feet more can buy in Bhartiya City phase 1.
Bhartiya City phase 1 is better and layout is good. Not sure if quality is also good for Bhartiya City phase 2.
Hi Narayan,
Why are you felling cheated by Bhartiya? What is the catch? What tower/floor/price is your apartment? Also, do you know expected monthly maintenance cost?
Regards,
@Rajan
>>>>>Why are you felling cheated by Bhartiya? What is the catch?
No catch.
As can be clearly seen from Narayan’s comments, STAGNANT prices are making investors uneasy. They see mere 200-300 /sqft gain after waiting for 3 long years. Now, if you account for interest payment and opportunity cost of such investment, their property is UNDERWATER, with no clear sign of exit.
hi i am looking for kindly maiol me the details
@Narayan.
Kindly provide details/price of your flat i am interested to buy
I can see lots of people in this forum who bought BC 2.
Read the recent messages to create a group.
Is there any group for people who booked in bhartiya city phase 2.
Hi Vikash, Even I am looking for that info, I think there is no group, we can start one?
Hi Vikash, i also booked the flat in Tower D of phase 2. i agree that it would be good if we can start the group for phase 2.
Hi
I have also taken house in phase 2. Kindly let me know your mail id and will share the number to form WhatsApp group.
9844173359 for wats app group.
I have booked one on Phase II
Hi
let me know the whatapp group exists for phase 2, iif none is there we can start one. my mobile number is 8050064025. Let us start the group and let me know your numbers
thanks
Hi, I have booked one on phase 2. My mobile number is 9008031491, if the group started, pls add me in. Thanks.
Hi,
Nikoo homes phase 2 felllas,
If there is a group on watsapp for phase 2 owners, please add me in too. I have booked a flat in phase 2, D tpwer.
Looking forward to get connected with the future neighbours .
Thanks
8884118338
I have also booked in phase 2 call me 9880039289
i also booked 1BHK IN D TOWER D-101
No buyer for phase 2 so no group. looks like you 2 only 🙂
I have aisle booked in phase 2. In May 2015.
I have booked in A block of phase 2. Please include me in (9880418103)
I am interested in buying 1.5 BHK flat. Interested person may contact 9686388898 or email at ankit.aries1989@gmail.com
I almost got required flat, so don’t contact me now.
Hey.. I am looking for a 3 BHK in the Phase I of Nikoo Homes. I had discussed with few options there but for reasons of facing etc. is not materialsing. Anybody interested, pl. contact 9845013093.. Anand
Hi Anand,
I am planning to sell my 2.5BHK 1265 SQFT apartment on Ground Floor in Tower 1, Pool facing. If you are intrested I can send you the details. please email me kishan.nazre@gmail.com.
Thanks,
Kishan
hi,
Please email me the details. Email ID: Kartikrustagi@gmail.com
Hi,
I’m looking to sell my 2bhk (1098 Sqft) Apartment in the first phase. Anybody interested can call me on 9886408717.
Hi Punith,
Can you pls mail details of your apartment to ahmedvlsi@gmail.com ? My brother is interested to buy. We will take a look.
Thx
http://news.google.com/news/url?sa=t&fd=R&ct2=in&usg=AFQjCNFQNP5eKLZUTp8l5JY89QO_ilJ9vw&cnm=a272426d351454f0e30df6b365c65d9f&sr=1&clid=a272426d351454f0e30df6b365c65d9f&cid=52778922160672&ei=srvJVZHFA8aF1gaphrX4CQ&sig2=HYmFYOusXfQk6VIjURQbTg&rid=582bae2b-9422-431f-b3c0-0d0560fe0768&url=http://www.newindianexpress.com/cities/bengaluru/Bengaluru-Emerges-as-Most-Preferred-Residential-Market-in-The-Country/2015/08/11/article2968378.ece&ct4=CgoKA2xvYxIDbG9jGBQgAigUMAE4Aw%3D%3D
Leela palace and commercial property work has started 🙂
I am interested in selling my 965 sq-ft 2 BHK contact no 9844173359
I AM interested in a 2 or 2.5 bhk at Nikoo homes Phase 1. If anyone is interested in selling, please contact me at 20sandeepsingh@gmail.com / 9980948544
I want to sale my 2 BHK 1098 Sq. ft. Flat at Bhartiya City Phase : I
Interested buyer may please call at 9686131089 or email for further details.
Hi Indu,
Can you pls mail details of your apartment to ahmedvlsi@gmail.com ? My brother is interested to buy. We will take a look.
Thx
Hi Indu,
Is the deal still open? If so, please share the price and other details about your flat.
Regards,
Hi Mr. Naryan,
I am interested in buying your 2 BHK, kindly let me know :- size, facing, floor, location of the flat- front or back side, tower, price expected.
Hi,
I am planning to sell my 2.5BHK 1265 SQFT apartment on Ground Floor in Tower 1, Pool facing. If anyone is intrested please email me kishan.nazre@gmail.com.
Thanks,
Kishan
Anybody interested in 1BHK – 780 sft (Tower-6, 15th Floor) or 3BHK – 1595 sft (Tower-2, 24th Floor) in Nikoo Homes Ph-1? Call or text me @ 8861344005
Hi Biswa, is the flat still available. If yes, I am interested. Can you please share the details to mail.rahulsaha@gmail.com? The mobile number mentioned is not reachable.
I want to sell my 1.5 BHK flat (934 sq feet). Interested person may contact 08986871967 or email at dhananjaysail@yahoo.co.in
Hi,
Please provide location i, the building as well facing, tower, floor, price expected
regards
sridhar8277291200
I was a fool to believe the stupid comments that price will come down, it will fall. Bhartiya city has now increased the rates from Rs 4530 to Rs 4700.
@Rakesh
If you a home buyer—-and can afford to buy at these prices, don’t hold yourself. Prices will be stagnant for a long long time. Anyway, if prices come down or go up, you ain’t going to sell your HOME. Will you?
Check out for resale deals @ commonfloor.com and with brokers. Bargain hard.
If you are an investor, you may like to take few tips from other investors who are trying hard to sell their “highly demanded” flat for a long time. You can meet some of them right on this forum.
Primary market is different from secondary market. Builder may be selling at 4700, but investors can’t.
@Manjushree: If you know an investor willing to sell for Rs 4530 (the price you said will fall further); can you please publish their contact details.
@Rakesh
>>>>If you know an investor willing to sell for Rs 4530
Check this link:
http://www.magicbricks.com/property-for-sale/residential-real-estate?proptype=Multistorey-Apartment,Builder-Floor-Apartment,Penthouse,Studio-Apartment,Residential-House,Villa,Residential-Plot&cityName=Bangalore&Keyword=Bhartiya%20City
There are many selling around Rs 4530 (ALL inclusive). And of-course, prices are negotiable. Let the forum know the price at which you close the deal. It will be beneficial to both investors and home buyers.
Good Luck.
Manjushree is championing the rights of buyers from the goodness of her heart or is there some other agenda?
Checked the link and the price of 4530/- is for flats in phase 2, not phase 1 (4530/- all inclusive is an exaggeration) For resale price differ on the type of flat, for example 1 and 1.5 bhk prices are lower than 2 bhk. It is all demand and supply equation.
Instead of going on hearsay one should actually respond to these ads to find out the truth. There are a lot of bogus sellers and the low prices mentioned are a bait to get a prospective buyer to make the call.
If someone has actually purchased at such a low price should come out and say it to bolster Manjushree’s tall claims.
@Sam
It’s not a surprise that “Channel Partners” are STILL trying to sell Phase-2 units in per-launch “offer” @ 4530/- , even though, according to the builder, phase-2 per-launch is sold out!!! You know how it works. So, obviously, those are not on re-sale and should not be compared as such.
My “All inclusive” comment is not an exaggeration. This is how re-Sale units are sold: All inclusive, except for the registration and stamp duty (add service tax if still with the builder)
However, what you missed out in your post is to mention the re-sale rates you came across. You explained how rates differ according to the configuration, but conveniently eschewed mentioning the EXACT rates. Can you post the same? It will beneficial for all.
The pre-launch or launch of new projects have slowed down considerably from what was seen around 1 – 1.5 years back. This is probably a good indication of a stagnant market and unsold inventory. Even for Tier 1 properties, prices have either remained constant or have increased only slightly. A good example is Brigade Lakefront, which launched its Phase 3 at a lower rate than the other phases…in the past, it would have surely launched at Rs 500 more than the current rates – but all good news for the end users, but maybe not so great for the investors !
@Manjushree:
1. Is it worth to book an apartment in Higher floor(above 20 floors) ?
2. If the end user wanted to sell that high rise apartment unit later(may be personal reason), will he be getting that same high price? Say: while booking the builder will charge floor rise price, etc.
3. If the user gets an opportunity to SWAP the high rise flat for low floor(say below 15th floor) What points has to be considered?
Response would be appreciated.
@SN
I don’t know much about pros and cons of apartments located on the higher floors. May be others on this forum can help with their insights.
My view of high rise buildings (above 18 floors) is that they need periodic maintenance and safety compliance checks. Owing to the fact that we as a society have not been very meticulous about maintenance and safety issues, a prospective buyer MAY avoid buying units above 20 floors. During RE-SALE, Premium on floor rise may be applicable between 4th to 15th floor. After that, it will diminish. I may be wrong, though.
Thanks for your inputs.
Please tell me who told you rate is 4700 because bhartiya city representative called me yesterday and told rate is still 4595 only
I want to sale my 2.5 BHK 1276 Sq. ft. duplex Flat at Bhartiya City Phase : I
Interested buyer may please call at 9902766644 or email for further details.
@Mandal aka Tapas
You have been trying to sell your “highly demanded” 2.5 BHK DUPLEX, whose value is “expected to touch 1.3 Cr.” from a long time. Your first post as “Tapas” appeared on this forum on March 3, 2015. Now you chose to post it as “Mandal”
As I have been saying, Secondary / Re-Sale market is a FREE market. Demand dictates the price. Looks like not many are convinced about that 1.3Cr worth of SPECULATION.
@ManjuShree:
Hi,
I have been following your post recently and its all eye opener.
May I ask you for a suggestion?
@Mani
Please post your query. I am sure, there are many informed members on this forum to answer your query and provide suggestions. It will also be beneficial for others.
Nikoo Flat for sale – 2 Bhk, 1093 Sqft, Please call 9535762807 for more details
Please let me know the specifications of the appt and the price
Hello Ms. Sen,
Please text your email id at 9902766644 so that I can forward the details of my flat.
Thanks.
Mandal
Interested in your 2 BHK 1093 sq feet. please send details of Flat and Price
2 bhk Flat for resale of tower-1 of phase -1 which is in 4th floor and infront of retail mall and leel residenca
4th floor having garden also infront of the flat.
Pl let me know your contact details.
Please email details to kartikrustagi@gmail.com
Urgent Sale of 1BHK 760 SqFt, Phase 1, Nikoo Homes
Mob: +91-8421-390-391