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
Anybody booked flat in Tower A, B, C. and already paid the 1st installment. Is it worth purchasing flat in Nicco Home3.
How much % is carpet area?
1.5BHK (1+Study) Apartment for Sale: Bhartiya City (Nikoo Homes – Phase1)
Type: C1, Tower: 9, SBA: 933 sft, Facing (premium): East/Prime Interior facing, Floor: 11, Car Parking: 1
Price: Rs. 6000 per Sqft. (Addl charges for Car parking, Club house, etc apply)
Status: Under Construction, Possession expected by Q3 2016.
Interested? Contact: Vignesh, | 9980573153
I am very interested to know what kind of response you get for your expected price (specially when on going price is around 5000).
Vignesh – I am ok for 5700 . Recently I friend purchased in same price in Phase 1. I don’t want phase 2, it is bit shit
That’s a sweet deal you are getting if he sells at 5700/- per sqft! That dirt cheap according to me
Rakesh/Vignesh
it appears that these messages are misleading.. you can find a lot of apartments at price much lower than 5700 so either you are being foolish or think you can fool other
I totally agree with you…
People here are fooling each other just to sell their apartments bought in phase 1.
It is not that great investment as people are pretending here.
I have also seen people discussing that build quality in phase 1 is very good. I just want to know from these people that how do they came to this conclusion without staying in the flat.
5700 is base price or including floor rise and prime location?
My price is 6000 Rs including floor rise, prime location, transfer charges. I would request serious buyers to call me.
Actually I replied to “Rakesh” who informed about a completed deal @ 5700/-
Hi ,
I am planning for a quick sell of 2bhk+ study in tower 5 (premium facing) bhartiya city. Please contact me directly at for details.
Is there ny Whatsapp group for Phase I. If so may I know the administrator. I am a owner in 8th Tower..
There is a group, but it already have 256 members, so no new members can be added now. So new members are joining the Google group.
How many flats or Towers are sold out in Phase 2?
Because although the BC is a very promising project in long term, but in current scenario if majority of flats are not sold in Phase 2, its construction is bound to get delayed like any other major Builder (Prestige and all). Also unlike Phase 1, Phase 2 is not fully financed project by a finance corporation.
Prem – Bhartiya city has sold all the apartments in Phase 2 that’s why launched Phase 3.
Joke of the day:)
Really, how do you know that. Do you work for them? Did they show you proof that all are sold?:)
Some people live fantasy world created by developers who wan to dump overpriced apartments on bakras!
i have 2.5 bhk in 23rd floor. price is one crore fixed non-negotiable very best price, intrested parties mail me .
Hi All,
Did anyone get a notice of demand note from Bhartiya city Phase II for tower A, B and C towards commencement of excavation work recently?
I have visited the site and had a look last Saturday. It seems that excavation is started for phase II but not for tower A, B and C specifically. Its for other towers or may be other part of phase II.
Didn’t get the point on demand note and responded to Bhartiya city. But didn’t get any response till now. Otherwise they are quite quick to respond on query in past whatever I have raised.
Any thought on this….please
Thanks,
Pankaj
Hi,
im looking to sell my 1.5BHK in tower 9, 6th floor.. if interest, please email me at
Hi Harsh , any group buy possibility at BC phase 2
Hi PK
Iam interested in group buy…Please let me know if any body is also interested for the same…
Mail id:
Thanks
Kiran
Hi,
Can you let me know what is meant by “group buy”
Hi All,
I had booked in Phase 2, but now rethinking to go for Phase-1 resale. I have heard that the Phase-1 carpet area is less i.e around 68%, Can Phase-1 buyers please confirm the same ? Is it true ?
Regards,
Padma
Hi Padma,
What is the reason that you are considering phase 1 while you booked in Phase2?
In Phase 2 the clubhouse ownership is with BC itself unlike Phase -1. Also, the agreements says that one has to pay monthly subscription charges above the one-time membership fees and some third party will run this clubhouse and that party will dictate terms and conditions. I feel the maintenance may be higher, hence rethinking. If owner association does not own the clubhouse, then why should they charge membership fee and monthly subscription charges. So I am rethinking.
Funny Padma. I am 100% sure carpet area in Phase 2 is less than phase 1.
few points –
Phase 2 structure is not good and quality too as phase 1 was first project so quality is ok.
you don’t get procession of phase 2 in next 4 yrs so go for phase 1.
You get almost same price.
Hi,
Am actually confused. If to go for buying a resale flat (whose possession is in Dec 2016) from ppl who invested or to book in phase2 of BC and wait for 4 long years.
Do you know what will be the maintenance monthly cost if we stay in BC.
Also, I was reading that there are disadvantages that it gonne be very crowded, water will not be there etc… can you clarify pls.
//Surender
Phase 1 resale is better in every aspect:
Risk Free: it’s already constructed, good quality till now, Phase 2 is not even fully sold (big risk of delay) and question mark on quality.
Cost less: Car park, other charges all are lesser. Also taxes which are over 9% (~7L for 75L apt) are included.
Tax benefit: Your EMI will start soon and you can save big on Income Tax with that. While living in the house.
Completely Agree. If price advantage in buying phase 2 is not much as it seems, buying a resale flat makes sense
I am interested to buy 2.5 bhk in BC phase1 .
Please share ur phone no and price details :
My contact no 7044073769 and mail id:
neelam shazia
Hi,
I have 3BHK in phase 1 in tower 3. Any one interested can send me email to for details.
Regards,
Santhosh
Hi,
What is your opinion about Leela Residences in Bhartiya City in terms of investment?
Thanks in advance.
Hi, I have 1 BHK Studio (934 sq ft) in Phase 1 Tower 3 , 8th Floor and want to sell . please contact me at if any body is interested.
I have cancelled Phase 2 booking as real estate bill is passed and want to wait for more details so can buy apartment once Bhartiya city upload all the details and can check if got required approval.
I know one of my friend booked in phase 1 and no sign of Phase 2 so now I don’t want phase 3 so I am ok to wait.
Benefits –
1. I get 18% interest for delay in possession instead of Rs 4/ Sq feet
2. I get all approval data
3. If I get better deal , can buy in phase 1 as market is done, not many re-sales in phase 1.
4. I am going for carpet area, not for other stuff
5. no extra payment for car parking
6. Can cancel booking and get 18% interest if not deliver on time.
7. Need to give NOC / OC and handover on time
8. No biased agreement or one sided agreement.
I think you might be wrong in few consideration.
1. Real estate bill is applicable to all projects for which OC and CC.has not been provided.
2. They will modify the per sq ft rates accordingly for carpet area.
3. With the new rule in place for keeping 70% of projects amount in escrow account, they might need to lend money from market at higher rates which they adjust by increasing the price further.
The Rajya Sabha passed the Real Estate Regulator Bill, which will help regulate the sector and bring in clarity for both buyers and developers. Here are 10 things you should know about this bill, touted as a key reform measure in the vast real estate sector.
1) It establishes the State Real Estate Regulatory Authority for that particular state as the government body to be approached for redressal of grievances against any builder. This will happen once every state ratifies this Act and establishes a state authority on the lines set up in the law.
2) This law vests authority on the real estate regulator to govern both residential and commercial real estate transactions.
3) This Act obliges the developer to park 70% of the project funds in a dedicated bank account. This will ensure that developers are not able to invest in numerous new projects with the proceeds of the booking money for one project, thus delaying completion and handover to consumers.
4) This law makes it mandatory for developers to post all information on issues such as project plan, layout, government approvals, land title status, sub contractors to the project, schedule for completion with the State Real Estate Regulatory Authority (RERA) and then in effect pass this information on to the consumers.
5) The current practice of selling on the basis of ambiguous super built-up area for a real estate project will come to a stop as this law makes it illegal. Carpet area has been clearly defined in the law.
6) Currently, if a project is delayed, then the developer does not suffer in any way. Now, the law ensures that any delay in project completion will make the developer liable to pay the same interest as the EMI being paid by the consumer to the bank back to the consumer.
7) The maximum jail term for a developer who violates the order of the appellate tribunal of the RERA is three years with or without a fine.
8) The buyer can contact the developer in writing within one year of taking possession to demand after sales service if any deficiency in the project is noticed.
9) The developer cannot make any changes to the plan that had been sold without the written consent of the buyer. This puts paid to a common and unpopular practice by developers to increase the cost of projects.
10) Lastly, every project measuring more than 500 square metres or more than eight apartments will have to be registered with the RERA
.
Courtesy : http://economictimes.indiatimes.com/wealth/real-estate/real-estate-regulator-bill-10-things-you-should-know-about-it/articleshowsp/51344872.cms
With the passage of the Bill, home buyers will finally get what they are paying for — which essentially means builders will now have to quote prices based on carpet area and not super built-up. Additionally, builders will also have to pay penalties if the project deviates 10 percent from the plan. The Bill will also prevent builders from changing the layouts — building plans cannot be changed (now) without consent from 66 percent of buyers. In the case of defaults or delays, the same rate of interest will be levied for promoters as well as buyers. The Bill also seeks to establish fast track dispute resolution mechanism.
P.S. Its applicable on all the projects where OC is not obtained. So only change your decision if you are buying a handed over property.
1. In current scenario, looks like Bharity City can’t deliver Phase 2 as promised as If don’t deliver on time, need to pay 18% interest or customer can ask for refund with interest. Already taken loan of 700 cores and SEZ is too not providing rental, can’t do in next 5 yrs also.
http://www.thehindu.com/features/homes-and-gardens/its-a-buyers-market/article8370507.ece –
2. As per Bhartiya city claiming that they have sold 100% inventory in Phase 1 but as per new rule either need to register unsold inventory in 3 month of OC else need to pay 10% fine. Same time now need to give current status of phase 1/2/3 instead of giving wrong date like sold 700 apartments in phase 2.
3. Have no money to escrow 70% from phase 2 as already putting money for hotel Lila or SEZ for sure customers have tough time.
4. Agree rate will change to carpet Area but can ask for 6000/sq feet in current market is big question
5. Can’t deliver Phase 1 too in 2016 as Tower 7/8/9 have no sign of completion till Sept and need 6 more months for OC. Now can’t handover with all the stuff promised as per real estate bill. Tower 10 too got no sign of completion.
6. worst case Promoter gets upto 3 yrs prison and 10% penalty
I like to wait and buy once get all the details so can avoid fraud practice.
Good one.
I have checked and got many resale deals in phase 1 and buy in Oct – Nov time when get best price.
no way for Phase 2 , it is not going to fly
Towards possession is the costliest time to buy an under construction flat.
Hi,
I support you.. This is not the right time to buy.
Once the real estate bill gets operational then u buy the property
I have 2 bhk flat for sale which is in tower 1 phase 1 available for immediate sale .It is in 4th floor .Please contact me available for interested buyers.
This is my mail id if any interested buyer please let me know.
Interested in buying 1bhk or 2 bhk in phase 1. Please contact me at . Thanks.
I have a 1 BHK in Phase 1, for Sale.
Genuine buyers contact me at
I have 2.5 BHK North west(towards pool side) facing flat in BC-1, 1265 Sqft in tower 3 on 1st Floor with excellent location.
Genuine buyers please contact me at rolenvaz@gmail,com
Please share the price final one ,
Looking to buy 3BHK in phase1. Anybody selling please email the details Tower, Floor,Facing & Price.
We have a 3 BHK in Phase 1, for Sale.
Genuine buyers contact us at
Hello,
May i know the dimension.
Dear All,
Just a little curious about the comments from everyone, about the real estate falling and falling ( the apartments will be sold for free soon 🙂 ).
I am not from Bangalore, so would like to know from the people who are staying in rented accommodations if anyone has got rents reduces because of this.
If not then it should be the best time to invest, as because of the fuss of Real Estate coming down, the builders have now being a little skeptical about increasing the rates and have been almost constant and offering discounts also, as they are desperate to sell.
Sooner or later the price will definitely go up ( history is proof) when the share market stabilizes and the investors take there money out from it, till then it is end users market and small time investors.
Also would like to know the scope of investing in North Bangalore over other locations for good rental returns, suggestions for any suitable property with clear title documents will be appreciated, I want to be in safe hands, don’t mind paying a premium ( 2-5 lakhs) as insurance for the 60 lakh investment I am looking at.
I have 2.5 BHK East facing flat in BC-1, 1265 Sqft in tower 3 on 3rd Floor with excellent location(facing pool).
Genuine buyers please contact me at piyushban78@gmail,com
Please share the price details
planning to sell 2BHK East facing flat. Tower 6, 6th floor.
969sft…. East facing.
u can contact me at
Kindly send me the complete price detail to
Send me the floor plan and apartment plan along with Price details to
Looking for sale 965sq ft 5 th floor phase 1 east facing tower 4
Kindly send me the complete price detail to
Please share the flat no. and expected price
Regards,
Sridhar
expected price is current phase 2 price and flat no is 40507
Kindly share the complete details to my email I’d:
Thanks
This question is related to Vastu.. Aru you guys checking vastu for the flats at BharatiyaCity or vastu is not a deciding factor for appt? Need to know people’s opinion.
This is a very interesting topic for me.. We always built out homes as per vastu and this is the first time I am buying flat. I did not check it myself for BC but if someone have done that job I would like to know more about it
If I believe in God, I know that I can’t interfere in God’s masterplan for me, so I can’t believe in vastu.
If I don’t believe in God anyway nothing can decide my life, so I can’t believe in vastu.
If I like it, it’s good for me.
What’s the use of vaastu in apartment if its not satisfying the intent behind the principles of vastu.
Eg, what’s the use of East facing main door, if it opens to corridor and never sees sunlight.
Guys thank you all for your thoughts. What i understood from our conversation is some people are confused , some people don`t believe it and some people ( may be you can call superstition ) believes in Vastu. Its personal preference.
I can answer one of the question:
Eg, what’s the use of East facing main door, if it opens to corridor and never sees sunlight.
Dev: Its because of builders greediness and buyers stupidity to put money in that flat as if it was the last flat in the world to buy.
Ancient Indians had put lots of yrs of study to natural energy and put it as Vastu. Still we don’t believe in it. I would like everyone to see a lecture from Stanford. Its a lengthy video but try to finish it during your leisure time.
https://www.youtube.com/watch?v=-BcrJZz25gI
I am sharing it because it is from standford and a firangi is speaking about it but dont change your view after seeing it. If it can help atleast one person to understand i will think i have done my job.
Have booked a flat in phase 2. And yes we did check for vasthu. We did get vasthu compliant home after pouring over all the plans but had to settle for 2 bhk instead of 2.5. No regrets.
Need suggestions –
I am getting 2 BHK in phase 1 for 4830/- ( including floor rise + ST+ VAT) , I need to pay other charges at the registration. Seller is paying 100/- for transfer and only last 2 instalments are pending.
As per my calculation, phase 1 looks cheap and save money for registration / VAT / Service tax. Same time , saving for income tax as it is ready to register some time in Dec,16
or go for Phase 2 where need to wait for 3 yrs and not sure if get on time why real estate market is
Personal view
I think this project will delayed by maybe 2 years of 3 years. Project phase 1 started already late almost 1.5 yr
Phase 2 can expect delay of 3-4 years
Reality market is not good, maybe wont be able to sell at 4K later,
better to wait for some time and buy cheaper rate, due to delay there will be desparate to sell and can get cheap deals
tech park is all air bubble just showoff and sell at premium price. its not yet half operational.
Who is going to pay the remaining installments which are pending? The seller or the buyer
4830/- is good price and worth compare to Phase 2. You can loan up to 35 Lakhs and if price is less than 50 Lakhs , you get additional tax benefit.
Any price below 5300/- in phase 1 is cheap than phase 2 if calculate VAT / Service tax and other tax benefits.
Market is not good and not sure if Bhartiya city can deliver Phase 2 on time as bookings are almost 0 as you can see many adds in news papers and many hoardings in the city.
you must check again.. probably the seller is selling apt and paying additional lumsum amount because you purchased from him.
The price you are quoting (4830 – (100+VAT+ST+Reg +Floor Rise + PLC) ) does not even cover the purchase price. Forget simple interest on the investment for last 4 years the seller has done.
Lets assume this 2 bhk is of 1100 sqft. at Rs. 4830 * 1100 = 53.13L
consider the best case scenario for you and worst for your seller: your seller bought it on launch price of Rs. 3870.
so Rs. 3870 and paid approx. Rs. 100 for floor rise, and Rs. 100 for PLC. he has also agreed to pay for Rs. 100 as transfer charges.
So, Finally, the profit for your seller is: 4830 – (3870 + 100 PLC + 100 Floor Rise + 100 Transfer charges) = Rs. 660 as profit.
Once we include VAT and ST, it comes to approx. 7% of the base cost and plc and floor rise and transfer. so: ((3870+300)*1100) * 7%= 3.2L approx.
basically, it is: 660 as profit * 1100 = 7.2L – 3.2L = 4L.
your seller is giving you apartment for mere 4L profit while he has already paid approx. 45L for the apartment during these 3.5 years.
Buddy, take this apartment, you will not get such deal again. if you are not interested, let me know, I am interested.
many questions ????
46,00,000/ – price by first buyer ( including floor + plc + car parking)
interest paid ( as per discussion) – 2,50,000/- + app 3,00,000/- interest for 25% paid initially( assuming 10% return per year)
VAT and ST – 2,00,000/ – ( app)
transfer charges – 1,00,000/- ( app)
total price – 46,00,000 + 2,50,000 + 3,00,000 + 2,00,000 + 1,00,000 = 54,50,000/=
per sqr feet price – 5100/-
4830/- ( including floor rise + ST+ VAT) – purchase price by me
I need to pay 4,50,000/- ( last 2 instalment) – per sqr feet 420/-
total price is : 4830 + 420 = 5250/-
Profit for first owner – around 1.0 lakh ( net)
Profit for first owner – around 4.0 lakh ( if include interest calculation for 25% paid initially)
Reason for sale – market is down and don’t want to register property. Expecting no more price increase in next 1 yr.
Reason for Buy- I find phase 1 quality is ok and not sure if phase 2 is ready on time. I want ready to move property for tax saving. I can save around 2 lakh tax as agreement is valid in april month.
Hmm.. looks like there are lot of different ways of dealing with people..
when you said 4830 per sft My understanding was totally different… I am not sure what method you are calling as purchase price is the industry standard way or not.. anyway after your explanation the prices looks close to market price for me… Wish you all the best.. hope to meet you once we move in to BC 🙂
I think it is not good deal as market is down and Bhartia is trying to sell very hard. can see many ads in new papers.
Looks like no more sale in phase 2 , sorry phase 3 🙂
Hi, Looking to purchase a 3BHK in Bhartiya City Phase 1.
Owners, please email with Tower / Floor / Unit Number and expected price on
BC is coming up with such a big project so I am sure BC CRM will take customer feedback and will include owners association for club house as well as they will come up with reasoning for usage charge of club house .
I understand that the ClubHouse in PhaseII is not owned by the owners association and will be maintained by some third party. And there will be a monthly usage charges for club house usage on top of the maintenance charges? Is that true? If it is true, isn’t it will add a substantial amount to the monthly charges to be payable?
As Nikoo homes goes towards completion by year end a lot of people will sell / buy flats. A significant confusion is what is total cost of a flat. It requires some work to come out with approximate total cost as some rates may change by the time hand over happen. I have tried to prepare a example calculation, please comment if its useful or needs correction ..
Bhartiya City Flat buyers cost calculation (example)
Area 1000
Rate 4000
“1. Base Cost: Area (1000) x Per sq ft rate (4000) Area * Rate 4000000
Car Park 250000 x 1 = 250000
2 “VAT + Service Tax on construction. Approx 10%
Construction cost is 70 % of (area + car park cost)
” ” 10% x 70% x Base Cost” = 297500
3 BESCOM (Area * 200) 1000 * 200 = 200000
4 Clubhouse 125000 * 1 = 125000
5 Advance Maintenance (3.5 per sq) 3.5* 1000 * 12 = 42000
6 Sinking Fund (3.5 per sq ft ) 3.5* 1000 * 12 = 42000
7 City Infrastructure Fund (50 per sq ft) 50 * 1000 = 50000
8 Kitchen Vanity Charges 130000 130000
9 “Registration & stamp duty
(approximate 9% of base cost at guidance value )” 480000
TOTAL 5616500
World-class stadium to come up in N Bengaluru
http://www.bangaloremirror.com/bangalore/others/World-class-stadium-to-come-up-in-N-Bengaluru/articleshow/51030578.cms
Will it be a good investment now in Bharatiya city Especially when World economy is going down and Sensex is in red?
Will it be wise to put money in sensex rather than real estate? I believe now almost all the stocks are 52 weeks low. If we buy now it will give more profit than realestate. You can exit from Sharemarket with profit and invest in realestate then?
Expert suggestion needed.
From your question I understand you do not have a deep understanding of stocks and I would recommend you stay away from making huge investments until you gain experience. In a downward market it is very easy it loose away huge percentage of money and it may take several years to get back.
Bhartiya city is by no means ‘cheap’ and we do not know how their delivery is going to be. If they can pull off a decent delivery, considering the SEZ it should offer steady rentals. It will also offer tax savings on loan, if availed. There may not be a significant appreciation in short term but long term prospects are good. Go for it only if you can pay at least 40% down payment.
Thank you for the guidance. I am not new to stock markets but I don`t invest in stocks aggressively. I only invest 10% of my saving in stocks but only when the market is 52 weeks down. I know it will take time to get profit but in the same time It can give you at least 30-40% profit in 2-3 years. I had invested in 2008 recession and got a very good profit in 2011. I have not invested a single rupee after 2011 in stocks.
Another point I want to make is if stocks will go down will real-estate boom? I believe may be it will not go up but small builder might reduce the price if inventory piles up but reputed builder`s price will be constant and project delivery will be late. Once Sensex shows up green and moving up then real-estate price will pick up slowly.
Every person need is different. Let me explain what I am looking for. I have already a flat in blore Whitefield area which I purchased for self-use and recently I have paid back all my loans. Now I am staying out of india and have some money to invest and can pay 40% down payment but I am not sure should I go ahead or not. Flat prices are so high and rentals yield is not that much high. Should I wait or jump in. Dollar values are also increasing. So I am not sure will I hold my money in dollar or will go ahead with investment.
@Dev, both are different asset classes and both have different importance and different allocation size. House gives you tax benefit and a place to live/rent none of which is provided by shares. Also property market is stable since 2years so even this is a good opertunity to buy.
BC is towards completion, if u want to live there or you want stable rental and investment security, its good. But if you want to make quick money with considerable risk, shares is a choice.
Depends on your investment size, priority and risk taking appetite.
Hello Guys,
I have 2.5 BHK in BC-1, Tower 3(TypeF) on 3rd Floor with excellent location(facing pool) which is due for possession at some time this year. This comes at an attractive price. Grab it before the price shoots up at completion.. please email me . (pls. serious buyers only)
Pl let me know the total price, area in sft and facing like north or east facing.
Looking for sale of 1 BHK flat, open to “reasonable offer”, phase 1, tower 9 expected delivery by Nov 2016. Please mail me on if interested.
Hi.. Please let me know the cost to
Hi
Looking to buy a 2 or 2.5 bhk in phase 1.Prefer east or north face flats. Interested plz send me the details to
Regards
Shaan
Hi, As we are moving out of Bangalore, i am planning to sell my 2.5BHK BC in Phase 1. Please respond to this ad if interested
Hi Rohan,
Can you let me know the details? Let me know how we can connect.
Regards
Hi Binit, pls send me an email on to take it further
Hi,
I have 3 BHK in BC phase 1 and planning to sell since I moved out of India now. Any one interested send mail to my id .
Regards,
Kumar.
What is you expectation in cost. Which floor?
Hello,
Dimension plz
This project means Thanisandra road will be developed to proper 4 lane road to directly connect to Airport:
http://economictimes.indiatimes.com/news/economy/infrastructure/bengaluru-plans-another-dedicated-road-to-international-airport/articleshow/50816524.cms?from=mdr
I see lot of posts where people want to sell their apartments in BC. I think all those sellers would have to pay short term capital gains as they haven’t hold the property for more than 3 yrs from the date of agreement.
Capital gain tax is applicable only if you are making profit. As there is not much appreciation this tax is negligible. One can sell if need money:-)
If Bhartiya city is not allowing you visit construction site, pls don’t pay next instalment and you have right to visit as per construction agreement clause no 7. It is illegal not to allow customer and ask for payment. Even bank can’t pay without checking quality as per agreement and builder can’t charge penalty as discussion with lawyer and we can move to consumer court.
I am not sure construction quality is good and if have any deviation if you don’t see . I am open for debate and your suggestions.
7) INSPECTION:
The First Party agrees to permit the Second Party subject to compliance of safety norms, to have access at all reasonable times to the works in the Schedule `C’ Apartment while under construction and to inspect the same. But the Second Party shall not have the right to obstruct or interfere or hinder the progress in development and/or construction on any ground and at any time.
I dont know much details of the ABA, but its one sided. going in consumer court for this thing is not worth.
BC has not updated progress for last 2 months. We cannot predict what they are doing inside work. Quality is another thing but first priority should be deliver project without delay. They have already taken almost 85% of total amount.
Customers together should pressurise builder for delivery on-time. There are lots of government approvals before handing of project which consumes lot of time.
BC has already delayed a lot, mere building floors is not sufficient, tiling wiring, color, fire precaution takes hugh amount of time and lastly government approvals.
If delay happens customer is the one who will loose thinking Rs. 5/sqft delay (minus TAX) penalty is a joke whereas if customer delays he is charged 18% . If it happens at all… customers should be ready to go in consumer court without hesitation.
Their agreement does not hold good in court. With no substantial returns made from property, I’m sure they can expect consumer activism – if they delay they will have to pay:
http://timesofindia.indiatimes.com/city/gurgaon/Consumer-court-orders-12-compensation-for-flat-delivery-delay/articleshow/47593071.cms
Home loans hits New high with apparent buying spree in tier 2 towns.
ndtv.com/profit/home-loans-hit-new-high-with-apartment-buying-spree-in-tier-2-towns-1270923
Hi have 2.5 for sale at phase 1 east facing door
Hi
can you plz tell me the dimension & price?
Regards
Shivendra
Hi can u plz share the SBA, floor, Tower and psft charges.
Hi I have 2.5 bhk east facing phase 1 n view is pool facing any one interested let me know my no 9845444974
Kindly share me the details @
Hi, i have 2.5 BHK at nikoo homes tower 3 third floor to sell. Let me know if anyones is interested
Please email me the details and price.
Hi
Can you plz send me the dimension & price details
Regards
Shaan
Hi, The dimension is 1265 sq.ft and Tower F(3rd Floor). Please send your email ID i will provide details with price.
thanks
All the owners of Bhartiya City nikoo homes (Both Phase-1 and Phase-2), please join the group to get updated with active discussions:
http://nikoohomes.parseapp.com/
Note: Its only for owners. More than 200 owners are already part of this.
Hey, wanted to know who brought this app, is it Bhartiya city or individual. what is the objective of this. Any other objective other than posting comments.
As far as I know, this app is from one of the owner of nikoo homes with one or two of his colleagues. They are making this app for the nikoo home society and they are planning to use it to manage day to day working of the society. These information I got by writing to them to the email address provided in the play store.
I am not bale to see this app in my Iphone. Is this only android?
Hi
Interested in Phase 1. 2 or 2.5 bhk. Kindly reach out to me on . Do mention the floor and other specifice.
We can share our phone numbers through email.
Currently we have the following groups for Bhartiya City – Nikoo homes
1. Nikoo-homes google group
2. Nikoo_homes google group
3. Common floor group
4. Apna complex
5. Apartment Adda
6. Several Facebook groups
7. Several Whatsapp group
8. Nikoo home Android app group
and few more to come…. great going.
From your last post to this post, one more yahoo group and 2 whatsapp group has been created for phase-2 of nikoo homes. As of now, I see the android app group to be most active group.
Anybody looking for 2.5 BHK in phase 1 can drop me an email at
I have a 2.5 bhk in Nikoo Homes Phase 1 that I plan to sell.
Hi, I am interested. Can you contact me please?
I have 2.5bhk in Bhartiya city nikoo homes phase 1.
Please provide me your email id will send you the details.
Thanks
Prashanth
Is there Phase-3 of Bhartiya city? I came to know this through discussions happening in the nikoo home android app group. What is this phase-3 and consists of phase-3?
Hi, I am looking for 2.5 BHK in Phase I. We prefer north/East facing flats.
Dear Anitha,
I have 2.5 bhk in phase 1 for sale,pls provide me your email address,will send you the details,flat door is east facing.
Thanks
Prashanth.
Hi,
can you please share details about your apartment with your contact number?
Thanks Thulsi
Interested. Kindly send details to
Hi. Is the nikoo homes 2.5 BHK of yours still available? If yes please email me directly on
Prashanth,
Could you pls share the price detail @
Hi,
We are intrested to buy 2 bhk or 3 bhk in phase 1.
Can you please provide us the contact information to discuss further on the price.
Thanks,
Sunil
Looking to buy a 2.5 BHK or 3BHK in phase 1. If interested, email the details (tower, facing, floor and rate) to