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
Those interested in a 2BHK in phase 1 please contact me at rajiv.dattani@gmail.com
I am looking for 2BHK flat in Nikko home. Pls provide me ur contact no.
If you sell now, you will have to sell cheap. You will regret forever, throwing away your property at bottom. It is going to be one of the largest integrated townships in India, wait for it to develop – in my opinion BC properties are going to see leading appreciation with every addition that will be made – BCIT buidlings, Malls, Hospital, School etc.
http://bit.ly/2nlbzBS
hi Raj, please reach me @9980556678
I am planning to book at phase 2 for a 2 bhk at BC please advise if it is safe .
This is the Thanisandra Main Road. Yes you will be paying some premium price for High raise ,PLC and modular kitchen ..but every rupee is worth. There is no change in base price since sometime.. you can go for it.
it’s Khata A and club house is on 33rd floor, facilities and club house are with BS , so no problems with Apartment community janatha.
SEZ inside the BC city is already has working people from IBM and Infosys.
Please drop me an email with your contact details to discuss further arunv750@gmail.com
Join the link below
https://chat.whatsapp.com/DRtTM7MTI8MKxONVgcDaur
Please join below watsapp group https://chat.whatsapp.com/9QyvMN1afKUHUL698Fko5e
Please share your views on this : http://www.thenewsminute.com/article/did-vadra-linked-township-illegally-acquire-rs-250-cr-land-and-default-penalty-55538
Clarification has been issued by BC to current customers, details are available with BC.
Phase 2 owners join group via link below
https://chat.whatsapp.com/DRtTM7MTI8MKxONVgcDaur
Did any buyer from phase 2.. verified the legal documents..can you please share me lawyer details.
Is the letter from Bharathiya city on the SWD is not enough to proceed .. do we need to verify the legal documents. The whole city is build with a purpose. Do you guys think we need to verify the documents with Lawer. SBI already gave loans to around 250 phase 2 customers.
Do you think all those 3000 odd buyers visit this page. Before buying the property please visit this page
Be careful while buying an under-construction property
If you don’t care about what the builder is doing, you will finally end up not getting Occupancy Certificate and A Khata for your property. Be very careful!
Email
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Rama Murthy P, 03 Dec 2013 , Citizen Matters
After lot of search, finally you zero in on an under-construction apartment to buy. Your decisions are based on cost, location, developed, accessibility, quality, reputation of builder etc. The builder as usual promises moon to every buyer and buyer gets impressed by glossy brochures and sugary words of so called sales managers. So you start dreaming about living in your own dwelling.
The builder then sets the terms for payment – 20% advance, 70% for slabs (for a typical G+3 Apartment), 10% after sale deed registration. After paying the advance (20%), you will apply for a bank loan. If your Credit Information Bureau (India) Limited (CIBIL) score is good, you will get immediately loan approved, since in almost all the cases, land records (i,e sale deed, mother deeds, khata, tax paid receipts etc for land) are clean.
The builder will not let you modify any contents of terms and conditions of either Sale Agreement or Construction Agreement (or Agreement to build). Builder will also not entertain any questions, clarifications, doubts etc to be answered or raised. You will be left with no option but to buy it or look for a different flat. Since you would have already tried and tired of finalising/searching a flat, you will not fight with the builder – you will agree to everything.
In most cases, the builder would have constructed all the slabs (or will complete all slabs within 2-3 months) and will raise the Demand Note for the 70% of the flat’s cost. That is, by this time, you would have paid 90% of the flat’s cost. Builder will use all his tactics/coercion/force etc to get the 70% payment as per the Agreement to Build. Builder will also put pressure on the bank to release the payment as per the agreement. Finally, the builder will get 90% of the flat cost into his kitty within three months of Sale Agreement.
This is where the actual problem starts.
Your flat work will not be completed – brick work, painting, fittings, wood work etc. Since the builder has mentioned 10/12/18 months, he will take his own sweet time to finish it.
Also, the total cost includes: Your flat + lift + generator + electricity meter + common areas + All promised Amenities + Registration + Occupancy Certificate + Khata. The builder will only complete brick work etc for your flat and raise a Demand Note for the balance 10%. After the release of 10% (totally you would have released 100% by this time), the builder will ask you to go for Sale Deed registration without completion of all other things except your flat.
As usual, the builder will promise that, he will complete all the common things once for all, after the flat’s brick work is complete. This usually takes anywhere from 12 months to 18 months.
After Sale Deed registration, the builder will ask you to move into flat without Occupancy Certificate. Once you complete interiors and move into your flat, you will start noticing all kinds of problems.
1.The electricity connection will be temporary: To get a permanent connection, it might take 1 or 2 years. Without permanent connection you will not be able to run grinder, mixie, fridge, washing machine etc.
2.You will notice peeling of painting, leaking taps, bad finishing of tiles, patches in painting etc.
3.Lift will not be working continuously (will operate on need basis)
4.Incomplete parking lot
5.No amenities
6.Not enough generator capacity
7.Incomplete staircases
8.Drainage problems
9.Poor quality construction
10.Sound of continuous construction work
11.Workers using common areas with red spots everywhere
12.Drainage problems (since there will not be STP etc)
13.No clubhouse/ swimming pool and all other promised amenities
BBMP will issue Occupancy Certificate (OC), if and only if the building has been constructed according to the Sanctioned Plan and meets all bye-laws. BBMP has rights to allow up to a maximum of 5% deviations (but that too subjected to certain conditions). If deviations are more than 5% BBMP will not issue OC. Without OC, you will not get Khata (so called ‘A’ Khata). Still you can pay property tax etc, but you will not get your ‘A’ Khata (I mean Khata Certificate and Khata Extract). Without ‘A’ Khata, neither you can sell your property nor you can get mortgage loan from the bank.
You can say, when the bank has sanctioned loan and legal opinion is clear, why I can’t get Khata? The reason is, bank will sanction loan based on land records only. Because it is under-construction property and the bank will not see any building violations in case of under-construction property. Even if they know, they will not raise any objections, because everything is legal as per the agreement and payment schedule.
The bank will release 80% money just for slabs only, as per the payment schedule. Banks also know that OC and Khata will create legal problems for them, they also would like to release all the money just after the slab work is completed. Even though sanctioned letter explicitly states that there should not be any violations and builder should obtain NOC from all agencies, and ‘A’ Khata is required for creating equitable mortgage (from legal opinion submitted to bank,) the bank coolly ignores the same because they need the business, which is the biggest for them.
The same bank will not accept your documents or sanction mortgage loan, if you would like to sell or mortgage (after you occupy the flat). Since you don’t have OC and ‘A’ Khata. The builder will demand 100% money before the building is complete, because all violations happen only after the slab works. The builder will construct 1 or 2 floors (pent house etc.), extra which are illegal and hence no OC will be given to you. When you check BBMP site for ‘Know Your Tax Paid Details,’ you will still see the land owner’s name against the property and Khata number. This is because original Khata has not been bifurcated into individual flat owners. Reason: Again, NO OC. (B Khata has no value, though BBMP collects property tax).
In Bangalore, 60-70% of the bank business is from real estate. Who on the earth will worry for OC and Khata? Because finally, the bank will catch the buyer for repayment of loan and not the builder for building violations. Bank, builder, BBMP, sub-registrar office, BDA – all are hand-in-glove. All of them know very well that the builder is violating the bye-laws but all keep silent. The reason is, everybody is party to this and they don’t want to stop this.
Around 80% of the buildings in Bangalore have building violations of some kind or the other and if building construction is stopped. Bangalore generates highest taxes/ money in terms of real estate business. Hence everybody will act as if they don’t know anything. And biggest of all these is, bribes being paid to all stake holders in the business, which sometimes run into lakhs/crores of rupees per builder.
Why not go for under-construction property?
a) Risk of the builder violating the building Bye-Laws
b) Builder might construct illegal floors (penthouses etc.) because of which BBMP will not give OC
c) BBMP has the authority to sanction/clear violations only up-to 5%, that too has some restrictions
Beyond this you have to depend only on Akrama – Sakrama.
d) 90% of the payment is collected just before the Sale Deed registration, and other terms and conditions like completion of amenities, car parking etc.
e) Most of the builders won’t have provision for STP (Sewage Treatment Plant), which is mandatory as KSPCB. STPs were made mandatory in 2010 for all the new apartments with more than 20,000 sq. ft built up area, having more than 50 flats.
f) Quality of the construction may not be as good as promised before the purchase, but you can’t do anything as you would already have paid for it.
g) Lead time for delivery may be 18-24 months. Many things happen and change during this time frame.
h) You may have to shell-out additional Rs. 6 lakh o Rs. 8 lakh to the bank as pre-emi interest
i) Agreements generally are one-sided and favouring the builders.
j) Also penalty for delay from the builder is peanuts. It is around Rs. 5/Sq.ft/month. Say you are buying a 1000 sqft flat and the penalty works out to be Rs. 5000/- month. Whereas you will be paying close to Rs. 50,000/- month as pre-emi interest alone!
k) Getting any penalty paid to you from builders is cumbersome.
l) Since you would have paid 90% of the cost within a few months of sale agreement and need to wait for 12-18 months before you get possession of your flat, you will be at the mercy of the builder to get your flat completed and will not be able to raise any issues or objections with the builder.
m) In all clauses for cancellation due to any reason, refund will be around 80% of the paid money and will be after 3/6 months’ time frame.
n) No clear info on carpet area. All flats are sold based on super-built up area which includes all common areas.
o) Sometimes you might get less carpet area than what is committed.
p) Some of the builders may not have NOC from KSPCB, BESCOM, BWSSB, BDA, BBMP etc.
q) Most of the times undivided share of land (which belongs to you) of the flat owners won’t tally with the total land on which apartment is being built.
r) First-time builders who want to make more money, end-up in messing up the whole project and finally flat purchases will be effected.
Advice to Buyer
1.Ensure that the builder commits OC and ‘A’ Khata in writing and make it as part of Sale Agreement / Sale Deed.
2.Make the payment schedule reflect the stages for actual completion of your flat and also till handing over all the legal documents like OC and ‘A’ Khata.
3.Make the bank release payment only after completion of each stage.
4.Instruct bank to release payment only after receiving written approval from you (builder generally sends demand note to banker for payment release and puts pressure on bank for release of payment)
5.Form an association along with other residents so that pressure can be put on the builder to deliver as per schedule and commitments.
6.Don’t fall prey to builder saying that your flat will appreciate within 1 year or so and forces you to pay more etc. It is not true. Roughly if you take construction period as 12 months and loan as Rs. 50 Lakhs, you will pay close to Rs. 6.0 Lacs as pre-EMI interest to the Bank (taking 1% per month as interest on Rs. 50.0 Lacs). So that total flat cost at the end of 12 months is: Rs. 50.0 Lacs + Rs. 6.0 Lacs = Rs. 56.0 Lacs. Please note you would have paid much more than appreciation already, and will have remaining instalments to pay.
7.In practice, since apartment construction is growing and in full swing in and around Bangalore, availability is also increasing day-by-day. So any new buyer of apartment will look for new flat because it would have constructed using latest technology and new safety methods. So finding a buyer for an old flat might be an issue.
8.Check that the builder has all the necessary clearances, like sanctioned plan, commencement certificate etc.
9.After the completion of the project, ensure that the builder hands over whole set of documents to residents association
10.Ensure that the builder doesn’t violate the sanctioned plan/bye-laws
11.Now, an under-construction property attracts same VAT as a completed apartment, so you won’t save anything.
– See more at: <>
Truth, very well said.
Thanks for taking so much pain to educate those who don’t think about these matters.
People in this group don’t have enough information. Most of them brought apartments like things brought when you go for window shopping , sorry I am little bit rude here. This is the story of Nikoo values homes
1) Noone knows whether it is A Khatha
2)People brought apartments without checking the legal documents
3)Noone even know how much is the UDS and how important it is in case of natural calamity or reconstruction
4)In apartment groups , usually you see good people who can access the plans, contraction quality and have some idea about the loopholes in the document
5)4870 SFT looks value for money in this area , all you will get is congested apartments and specialties owned by Builder
6) 77% open space still no club house , club house is on 33rd floor.
this project is projected as it is built in 130 acres .. realty is Nikoo homes phase 2 built in 12 acres ( excluding SWD areas).
Once Peripheral Ring Road is done .. Phase 2 will have not easy access to most of the Bharathiya City .. central garden or malls or SEZ.
True. BC Sales and CRM are very poor to provide information.
Hi,
I am planning to book a flat in BC, but i have my own doubts regarding elevated peripheral ring road n underground water table.
And now I come cross this news: http://m.dailyhunt.in/news/india/english/the+quint-epaper-quint/did+a+vadra+linked+township+illegally+acquire+rs+250+crore+land-newsid-62466712
I don’t know how much truth behind this news but it made to rethink once again.
Waiting for response
Hey Keshav,
All buyers of Nikhoo homes 2 have received response from CRM about this news and it seems like a publicity stunt. I have bought one unit in tower J. Opposite to PRR. I had doubts as well but the entire plan was clearly explained by CRM which made me feel confident to book the unit. You can get in touch with me on my cell 9739341987 (aseshsahoo@gmail.com) if you require further information on this.
Thanks,
Asesh
People in this group don’t have enough information. Most of them brought apartments like things brought when you go for window shopping , sorry I am little bit rude here. This is the story of Nikoo values homes
1) Noone knows whether it is A Khatha
2)People brought apartments without checking the legal documents
3)Noone even know how much is the UDS and how important it is in case of natural calamity or reconstruction
4)In apartment groups , usually you see good people who can access the plans, contraction quality and have some idea about the loopholes in the document
5)4870 SFT looks value for money in this area , all you will get is congested apartments and specialties owned by Builder
6) 77% open space still no club house , club house is on 33rd floor.
this project is projected as it is built in 130 acres .. realty is Nikoo homes phase 2 built in 12 acres ( excluding SWD areas).
Once Peripheral Ring Road is done .. Phase 2 will have not easy access to most of the Bharathiya City .. central garden or malls or SEZ.
Maybe you don’t know so you are assuming the same for other too.
1. Yes it’s Khata A.
2. Considering 4000+ people to be so stupid for same project, is too much generalization. People did their due diligence.
3. UDS is a must to mention in legal documents and it is mentioned.
4. If you are considering this is a group of owners, then it’s your mistake. There are separate groups of owners, with the required info.
5. If it’s congested, buy a bigger apartment, that’s simple logic. In Phase 1 the club is owned by residents.
6. What’s wrong with club on 33rd floor, It gives an awesome view for leisure, That’s what clubs are for.
7. If one is unsure about pahse 2, phase 1 is towards possession, it’s what you see is what you get condition.
All your points were either assumption or your personal preferences.
BCIT Building 1 is already fully occupied and Phase 1 is towards possession, anyone can visit and look for themselves how well it has come up.
I agree 100% with, another proud owner of 2 flats. Now that the balloons is pantured it will not fly.????
http://www.thenewsminute.com/article/did-vadra-linked-township-illegally-acquire-rs-250-cr-land-and-default-penalty-55538
This link only opens whatsapp.web. Does not add you to the group ? How do you join the group ?
Created a Whats group for nikoo 2
https://chat.whatsapp.com/9QyvMN1afKUHUL698Fko5e
There is already a group for Nikoo homes 2 whatsapp
Hi,
Can you please share me the link for nikoo home 2 watsapp link.
I already payed the booking amount of 3 lak INR and going to pay remaining in Jan 1st week.
Here is the right one for phase 2
https://chat.whatsapp.com/9QyvMN1afKUHUL698Fko5e
Hi Kesh, can you add me to the group. I booked J2906.
Hi kesh
Can you join me in the group. I have booked D2103.
Hi,
Can you add me to the group. I booked in Tower G.
To join Bhartiya City Nikko Homes Phse 1 whats app group follow this link:
chat.whatsapp.com/invite/5qSRUEydBTG8tJldSKL083
Is there a similar group for phase 2 owners ???
Hi ,
Could you please confirm that there is a Whatsapp group for phase 1 owners ??
I want to sell my 2.5 BHK 1265 SqFt. apartment in Bhartiya City Nikko Homes 1.
Anyone interested can contact me on bc1flat@gmail.com.
Hi Harsha Sagar,
Lot of resale apartments in Phase 1 , is there any issue with Phase1.
As per BC they sold Phase 1 completely and when I enquired about 2BHK in phase 2 , they told they have only 2BHK left in G,H and J towers.
<>
It’s common with any project reaching towards completion. Some people buy for investment, some move out of city during the construction phase for some requirements change (previously working at Manyata now working in EC, does not makes sense to travel so much). and many other reasons. And this is the time for best return as the apartment is complete. Also if they delay they will have to pay for registration which is waste of money if you have
to sell it anyway.
For buyers also its the best time to buy. As what you see is what you get. There is no risk of project delay as it’s already completed. Resale apartment are better deal than buying from builder. Cost is low for buyer also as seller has not paid registration so he has more margin to bargain.
Hi,
Looks like this forum is more for resale of Phase 1 apartments. For phase 2 reviews please look some where else.
Even though the sales are good in Phase 2 , there is lot of negativity about phase 2 in this forums.
If you want to book a new apartment in phase 2 , do the documents verification and proceed quickly , you might end up not having any apartments left in phase 2 . I have booked 2bhk unit type D4(1074 SFT) in 24 floor of A tower. Building type D4
Price is expensive including floor raising charges and 100 per SFT for city development charges final SFT is 5220 and VAT+ Service charges are extra.
Hi,
100 RS for SFT is not for city development charges , that is for the apartments facing towards Swimming pool.
Agree until 1-4 floor or at max 10 floor you can have a nice view of Swimming pool , not sure why BC is charging the same for apartments in 24th floor. For view of swimming pool they are charging 1,07,400 INR don’t you think it is too much.
Rs. 100/Sqft is PLC (Prime location charges). These apartment face towards front and have much better view of BC (not just swimming pool) than those facing back. And it’s worth for any floor apartment.
Thanks Vishal , we just clarified with BC on the PLC. They are charging PLC for most of the apartment other than few apartments facing towards proposed PRR . Now a days PLC is there for East facing and North facing and it is across most of the ventures
I don’t think there is any issue. If you count the ones in resale and then compare to the size of the project . I think it’s 10-15 percent which is pretty common.
Looking to buy a 2 or 2.5 BHK in phase 1 in Bhartiya City. Anyone interested in resale, pl write to me at sbala1707@gmail.com or 9980556678
Looking to buy a 2 BHK in phase 1 in BC. Anyone interested in resale (direct sale by owners only), pl write to me at hm166_blr@yahoo.com
.Looking to buy 3 BHK duplex loft in Bhartiya City phase 1. Anyone interested in resale please send email to arunv750@gmail.com
Ready to sell 2.5 bhk tower 6 on 22nd floor.
Intrested party contact 9845043487
Dear All
we are planning to meet at Bc on coming saturday 19-11-2016 between 2Pm to 5Pm. My request to everyone of Nikoo -1 owners please join. we will have a get together and have a common discussion agenda , same we will discuss with Bc management .The more of us will join, it will be a nice meet up , sametime we can make our association for effective .Please make sure to presence on 19th from 2Pm to 5Pm. It was discussed on whatsapp group also . everyones mail id’s collected. Those who staying out of bangalore they cannot make their presence . those who are in bangalore please spare few hours to join .
Hi Sunil.. This is kushal here .. Phase 1 apt owner. I will be able to make it as will be in Blore at that time.. Please add me to ur whatsap group: phone : +1-973-960-8673. Thanks a lot .
hi Sunil, Could you add me to the whatsup group. I am owner of a unit in tower 3.
+60147253112
Can U add my number to Phase 1 whatsup group 9845212625
Hi Sunil,
I am staying out of Bangalore hence will be able to make it to this get together. Please help me by adding me to the WhatsApp group of Nikko 1 owners.
Ashutosh Kumar
8105507777
Hi Sunil,
My name is Puneeth. Can you please add me on the WhatsApp group. I own an apartment in tower 7. Thanks.
Hi Sunil,
Could you please add me : 988 647 1601
Anyone looking to buy a flat in Bhartiya City phase 2. Here is my offer:
Buy a two bedroom flat in Phase 1 which will be ready to move by January by paying just Rs 4 Lakhs more than phase 2. No need to wait for four more year, no need of uncertainty if the phase 2 gets hit due to demand situation, what you see is what you get and reasonably priced.
Details:
2 BHK
Tower 9
1056 Sq Ft
Type D1
Contact: bcity.flat@gmail.com
I want to sell my 2.5 BHK 1265 SqFt. apartment in Bhartiya City Nikko Homes 1.
Anyone interested can contact me on bcflat1@gmail.com.
The apartments have all been sold in white. Dont think prices will come down
Most apartment in Bangalore are sold on loans or $, both are white. Also taxes are also paid properly. Since there is a rise in demand of apartments near offices, there is less chance of prices to come down. Also house prices in Bangalore have increased very little in last 3-5 years.
Hi I have 1.5bhk flat in tower 2 link interested buyers please mail me for more details syedismail36@gmail.com
Flat details
933sft 11th floor tower 2 link premium apartment
Looking for 2.5 BHK in Nikoo Homes Phase1. Please let me know if anyone is interested in resale.
email id: callsandeepb@gmail.com
Regards,
Sandeep
Looking for 3bhk in phase 1. Anyone interested, pls send the details (floor, tower no., price) at bharatagr1@gmail.com
Looking to book in Bhartiya City in the newly launched towers. Anyone else looking too please get in touch with me. Any feedback is highly appreciated.
Please mail me @ arunv750@gmail.com
Cheers
Arun V.
I just bought in tower J which is newly launched.. I suggest to book D22 type apartment between floor 0-4. it has open view in front and bigger bay windows. Documents look okay
Hi Sandeep,
I am looking to sell me 2.5BHK in Nikoo Home Phase 1 Tower 9 which will be handed over in Dec 2016.
Hi Gurmeet, Can you please share the details at mail.rahulsaha@gmail.com or share your email ID? I will drop a note. Thanks
Hi can you share your phone or e mail id. MY mail id is nutty2k@rediffmail.com
I am interested . Kindly forward the plan and other details. My mob no.9894706333
Mail gsadeel@gmail.com
I have 2.5 BHK available for sale. Interested may drop mail to ganesh.he@gmail.com.
Hi
please send me details if still available.Email divya.chirpy@gmail.com
I am planning to sell my 3bhk @ Nikoo Homes – Phase 1 , 3 Bedrooms/3 Bathrooms, East facing, 24th floor(Tower 6)
Sqft Area – 1573 Sq. Ft. If interested please contact me at sunilshetty@gmail.com.
I am interested in 3bhk 1595 in phase 1 of nikoo homes. If anyone interested in resale plz contact me at braulio.fernandes@yahoo.com.
I have 2.5 bhk in 22nd floor. Price for sq feet is 6,500. Excludes vat. Serious buyers only. In three monthsthe price might go upto 8,000. Here is ur opportunity. Serious buyers only
Mail me: haywards55911@yahoo.com
Available for short period, Grab during this auspicious Diwali season @ very good price.
I have 2.5BHK for sale in Bcity Phase 1, Tower 3, First floor. The area is 1265 psqft. I am offering to sell @5050 psqft (slightly negotiable- Includes Car Park, Floor rise charges) EXCLUDES VAT, ST, Possession charges( Kitchen vanity, BWSSB, BESCOM, sinking fund etc.), Registration, Stamp duty. Possession would be in 6 months.
Pls. only serious buyers only contact. For more details, Please send me email to
bcityforsale@gmail.com
Rohan
I am planning to buy 2bhk in phase 2 of this project. if anybody is looking to sell his unit than please let me know.
Hi iam willing to sell my 2BHK which i booked, mail me on patilmahant@gmail.com
I have one apartment in Tower 4 2 BHK 965 sq ft
Contact NO 9844173359
Suraj,
Please call me 9986248111.
What is the price ? which floor ? house number ?
pradeepsoans@hotmail.com
you can buy it from the builder directly
Builder is not selling phase 1 flat anymore.
Hello Kushal here, am ready to sell to my 3 BHK apartment with service quarters in Phase -1. If anyone is interested, please let me know. Its east facing plus pool facing in 7th tower. Ready for possession by Nov, 2016. Since am in urgent need for money, am ready to negotiate for lower price of 4700 per sqft excluding vat and st. This price is much lower than what BC is offering for phase-2 bcoz phase-2 will take long time and papers r not perfect. Anyone interested, please email me at: kushalrv@gmail.com. Thanks.
Why papers are not perfect? What have you found?
@ josh you are write, look at his post he change prices and the weather of bangalore. ):
Yes. Prices do change.. Up or down..
??????????.
with this it is very clear you just misleading people, i have a dought of you been the owner itself, i think just to bring the price down of the project u are posting the sale. if you were genuine you would have not changed the price from Rs. 4500/- (negotiations) including VAT & ST & transfer fee ( basic price will work to 4100/- ) to Rs. 4700 plus VAT & ST which will be more then 5100, where as builder has opened for 4870/- which you denied.
Though very large townships like Bhartiya city with 4000+(Nikoo homes 1 and 2) Residential Apartments leaving BCIT working staff for now and big projects of SOBHA CITY, Purvankara, Brigade, Orchid Greens each with average 400 – 600+ Residential homes each of builder in this locality,
If i am ok with any of apartment here, My Major worry is whether current Roads of Thanisandra including proposed PRR in future, whether all these are sufficient for loads of families joining/buying these apartments. I feel all families will have four wheelers and During peak office hours i am not able to imagine Traffic situation.
If i am wrong please post your reasoning/thoughts on this
Traffic is there any where in B’loe. What is good about BC is that all amenities like School, Shopping, Hotels etc are right inside the city itself. If you also have a job in one of the companies leasing in BCIT then you don’t have to go anywhere 😉
I think once the all the commercial buildings are complete, this will be in great demand
I’m willing to sell my 2BHK Duplex unit in Tower 8. The size of the unit is 1276 SqFt. Available for possession from Dec 2016. Please contact ns0111@gmail.com for more info.
Please contact me
Hello Kushal here, am ready to sell to my 3 BHK apartment with service quarters in Phase -1. If anyone is interested, please let me know. Its east facing plus pool facing in 7th tower. Ready for possession by Nov, 2016. Since am in urgent need for money, am ready to negotiate for lower price of 4500 per sqft(ExCluding VAT, ST and rest). Anyone interested, please email me at: kushalrv@gmail.com. Thanks.
Hello Kushal here, am ready to sell to my 3 BHK apartment with service quarters in Phase -1. If anyone is interested, please let me know. Its east facing plus pool facing in 7th tower. Ready for possession by Nov, 2016. Since am in urgent need for money, am ready to negotiate for lower price of 4500 per sqft INCLUDES VAT and SERVICE TAX. Anyone interested, please email me at: kushalrv@gmail.com. Thanks.
Hello Kushal here, am ready to sell to my 3 BHK apartment with service quarters in Phase -1. If anyone is interested, please let me know. Its east facing plus pool facing in 7th tower. Ready for possession by Nov, 2016. Since am in urgent need for money, am ready to negotiate for lower price of 4500 per sqft. Anyone interested, please email me at: kushalrv@gmail.com. Thanks.
Wow!! That is really mouth watering price compared to market price of 5200. I wish I buy this!
IT WILL BE 7,500 PER SQ FEET, AFTER HANDOVER.
Which one do you mean Faraz?
i think Embassy at Hebbal ):
Hi all, Iam planning to book a 2bhk in phase-2, but have following serious doughts
1. All amenities are not part of agreement, how legally we can fight if something goes wrong in future?
2. If agreement is standard in nature they not willing share for any excuted agreements
3. Po cession to be accepted even without completion of amenities
4. They not even ready accept the mistake they made in agreements and to correct the same.
5. Delay from buyer is 18% but whear as from builder is Rs 4 per sft …Not Fair
6. After Considering the progress of pahse-1, Phase-2 will definitely not on time
Please guide whether go ahead or not
Thanks
MP
When Phase 1 apt are completed and ready for viewing. And also cost the same and don’t even have any risk or 4-5 years wait. Why do people want to buy phase 2, of they want to house?
Even I don’t understand when people clearly mention all the negatives about something and still ask if they should go for it?
When you have already done comprehensive critical analysis, what do you still want to know more in order to make a decision??
Answer is GREED. Even after recent demolitions on SWD, there will still be people asking:
xyz villa/apartment is on SWD as per CDP plan. Will govt demolis it in future. Is it safe to buy ? Please guide :-). It is wrong to think that many buyers are innocent. Many buyeser are fully aware of illegalities and still go ahead and buy to save cost or to make a profit.
I confirmed with bhartiya city CRM team, they have sent info about the SWD and its distance from each of the nikoo 2 towers. around 15 to 25 metres from SWD. Yes, with 125 acre property, its most likely that SWD will pass through – but as long as you leave that much space and distance from the construction, it should be okay.
I checked with them because, I didnt know while booking & came to know about his through this forum. Let me know if you find anything incorrect:
BC REPLY AS FOLLOWS:
1. Nikoo Homes -II is being constructed on land bearing Sy. No. 35 (part), 38 (part), 48 (part), 49 & 50 of Chokkanahalli village. The revenue documents denote the existence of SWD on lands bearing Sy. No. 35, 38, 49 & 50, which documents are already shared with each of our customers.
2. The Company has not included the area earmarked as SWD in its development scheme and hence,there is no encroachment of the same, as is alleged.
3. The area earmarked as SWD is also not a part of the land which is apportioned for calculating the Undivided Share of land (UDS).
4. The authorities, while sanctioning the Development/ building plans, have taken into cognizance the SWD running through the lands in Sy. No. 35, 38, 49 & 50 and approved the plans. As no construction has been proposed on the said land area, there is no violation of any laws in force.
5. Adequate buffer areas, as is prescribed under law, have been adhered to while preparing the plans for construction and the development/ construction that is taken up therein is and will be in strict compliance of the law. The existence of these SWD’s and the buffer zone has been considered by the authorities (BDA/BBMP) while approving the development/ building plans. The distance from the SWDs (Secondary & Tertiary)to each of the Towers, as is approved, is as follows:
Survey No., SWD type Tower, Minimum distance as per RMP 2015, Actual distance
35 Tertiary H 15m 27m
38 Tertiary J 15m 16m
48 Tertiary B 15m 15m
49 Secondary A 25m 25m
49 Secondary G 25m 25m
49 Tertiary A 15m 15m
49 Tertiary B 15m 15m
49 Tertiary G 15m 15m
49 Tertiary J 15m 15m
50 Secondary G 25m 25m
50 Secondary H 25m 25m
6. SWD (tertiary) running through Survey No. 35 is part of the area earmarked as park and openSWD (tertiary) running through Survey No. 35 is part of the area earmarked as park and open space. In respect of SWD (Tertiary) running through Survey No. 38, a culvert is proposed to be built, as per law, to ensure seamless drive way. As such, there is no encroachment of these SWDs in Survey No. 35 & 38. We are making efforts to find out as to why BBMP has treated these SWDs as ‘encroachment’. We are also in the process of getting the same rectified in their records.
7. The model of the Project, as also our brochures, do depict the water bodies running through these lands. Since the SWD running through the land is a given, it is our intent to install, at our cost, a suitable water treatment & augmenting mechanism to render the SWD an environment friendly feature subject to permissions/approvals from the concerned authorities.
why need to buy. BC phase 2 is in deep trouble.
So much negative information but want to buy and loose money 🙂
You are exaggerating. Looks like you have some ulterior motive. Keep in mind this is an integrated town ship development. It is not a typical apartment complex development like others. In this case BC Management has a vested interest to make sure construction is of high quality and as per rules and regulations. BC will be keeping ownership of most of the buildings like BCIT, Commercial buildings, Hotels etc in the city and will lease to tenants for rent. The rental potential is huge. IBM has been signed up for 500,000 Sq ft of the Phase I BCIT property.Just from this they will be making close to 30 Crores in rent every year. These rental leases are cash cows going forward. BC Management will make sure their cash cow will be well taken care of. I am sure they are already working with BBMP officials and Govt. to take care of their investment.
As with any investment there is risk. But without risk there is no reward. I am not BC Management or agent. I have done thorough research on all the upcoming projects around B’lore and in my opinion this is one of the best in the whole country right now. You need to have some patience and wait for a few years till the commercial establishments are complete. Then watch how your investment will zoom.
i agree with you Jayant. I’m not sure if this is best in the country but i can say its the best in bangalore for now, considering location , price and concept. There are some people who are mentioning some baseless issues , i guess they either have vested interest or they are not logical in their reasoning. I have booked a flat in phase 2 and till now i’m happy with bcity. They are responding every questions thrown at them .
Great News for PRR and BC
http://economictimes.indiatimes.com/news/economy/infrastructure/nitin-gadkari-makes-an-offer-for-bengalurus-peripheral-ring-road-that-karnataka-cannot-refuse/articleshow/54042433.cms
Exciting Offer for 2.5 BHK measuring 1265 sqft. in Bhartiya City Phase 1 for resale. The flat is located is Tower 3 which is slated for possession in next 6 months.
Only serious buyers please contact me at bcityforsale@gmail.com.
Hello Kushal here, am ready to sell to my 3 BHK apartment with service quarters in Phase -1. If anyone is interested, please let me know. Its east facing plus pool facing in 7th tower. Ready for possession by Nov, 2016. Since am in urgent need for money, am ready to negotiate for lower price. Anyone interested, please email me at: kushalrv@gmail.com. Thanks.
email your flat no and other details, i am ready to buy, halimamnm@gmail.com
2.5 BHK in Phase 1 available for immediate sale. Possession by December (Completed till tilling).
If interested mail on bc1flat@gmail.com.
Reply from Bhartiya city is very generic, there are several issues:
1. BBMP has razed buildings which have sanctioned plans and A khata, so just having plan sanctioned is not enough. If there plan is completely as per norm then why BBMP has mentioned these survey numbers as encroachment in their website.
2. As per approval plan, they have left 15 meter from center of tertiary swd, but within this 15 meter they have shown a road surrounding larger cluster of nikoo-2, Is having a road in catchment area of swd not an encroachment ? Need confirmation.
3. BC’s plan has left 15 meter for tertiary swd and 25 meter for secondary swd. But they have measured from center of swd, however national green tribunal has recently guided that these measurements should be done from edge of swd, need confirmation on it.
4. NGT has revised its guideline to leave 35 meter from secondary swd (BC has left 25 meter), and 25 meter from tertiary swd (BC has left 15 meter). Even though these are new guidelines and will not affect existing buildings but for those building which have not yet been constructed, they need to re-look into their designs. Is BC aware of this ?
Check article https://medium.com/@ch4nd4n/bangalore-bbmp-encroachment-details-f522d992f521#.z0slddwui
Can you please share the BBMP link where the survey number encroachment details are given.
Rakesh, Could you pls post reply from BC?
I Already bought 2bhk in phase 2 and signed agreement. But after reading all these negative stuff : issue with canal and other issues, I am rethinking about quit. Is it worth to lose 6 lalkh ( 10% of sale value) or to lose all after invest fully ????
Hi Mohit,
iam also thinking buy 2bhk phase-2, so pls help with below questions
Is Amenities are part your agreement?
and all specifications are specifically defined in your agreement?
You are worrying unnecessarily. Look from a long term perspective. Most of these negative comments are short sighted. BC is an integrated township not just apartments. All construction is as per rules. Major banks have approved loans. My lawyers have checked the papers and everything is perfect. This issue with SWD is a short term fad. The State Govt. is politicizing the issue. No major Apartment complexes or Commercial Business buildings have been touched. It is a temporary distraction and no one will even remember in a few months. Same story every year.
This is one of the best projects out there right now. You need to have some patience. Most of the comments here are from people who have not done proper research and playing on your emotions.
im selling my 1.5BHk in tower 9 at a good price… if you are serious buyer and willing to close in immediately.. contact me at divya.shukla022@gmail.com
I am intrested, kindly share details on ibrahimsait@hotmail.com
Hi… if it is still available.. kindly share the details too…
regards
Vishwanath
dude.gupta@gmail.com
Please send your selling price to uppinj@gmail.com
If this is still available, please send me the details – suja_cin@yahoo.com
I want to buy a 2-bhk appartment in phase 1. Anyone interested, please send the details of their appartment on my emailid aditya5160@gmail.com.
Potential owners, While booking in nikoo-2 homes in bhartiya city, Please be careful about survey number 35 and 38, which have been mentioned by BBMP as encroachment, a storm water drain is running through the nikoo-2 homes, please ask about these 2 issues and get as much details about them as possible before making a decision
There is no Impact on phase 1.
It’s very far from survey 35 & 38 which has a storm water drain.
Thanks for update Rakesh.
I have postponed my buy in Bharitya city Phase 1 also till issue is not fixed. I was planning to buy 2 BHK in resale.
I am sure Phase 2 is in trouble if it is true.
@Ramya, Phase 1 is totally unrelated, so there is no point to panic.
Also for phase 2 has Strom drain passing thru it, which is notified and approved already in BC master plan by BMC.
There is only a notification of the same by BMC.
Calling it phase 2 is in trouble is exaggeration. This way every property project is in trouble if you check the details.
The letter released by Bharathi Nikko homes regards to Storm water//Rajakaluve is very generic and just provides an assurance that everything is being done as per the approval. However there has been no mention of specific details of the land…And neither the storm water flow is shown on the Master plan.
Approval from BBMP on the building plan is in no way an assurance or approval on storm water plan..
I am not saying that Nikko homes is at fault..all I am saying is the letter that they have issued is just a eye wash.. We need to ask for more specific details to safegaurd our hard earned money.
I have posted following questions to Bharathi city…awaiting their response.
************
Thanks for your response, however your response looks to be very generic.
Could you please provide more specific information related to the Storm water issue like
1. The survey number in which the storm water will flow through
2. How much land is left in either side of the storm water channel
3. The Master plan has no mention of the storm water chanell. Can we get a copy of Master plan which clearly shows the details of storm water land and how it flows through the Nikko homes
4. Storm water is nothing but a drainage..will this not cause any sanitation issue in future? And will it be open or closed through out the Nikko homes land
5. Does Nikko homes has any written approval of acceptance from concerned Revenue or BBMP department on the the storm water channel land issue
Any further information related to this would be very helpful to further proceed with booking the appartment
****************
Did you get a response ?
Did you get response
I think they even have more than this answer.
The way BBMP continued its drive, its hard to understand its way of working.
Only consolation is that none of the big builders have been impacted.
Anyways, in phase 1, 1 building is completed and the quality look impressive.
Hi Raj
Kindly tell me if u have seen the block personally? Which block do u own? We have an apartment in Tower 1 in Phase 1.Bharatiya City is acting high and mighty to let their clients to take a look at the completed block.what is the procedure u followed to see it?
Divya
There is a google group : nikoo-homes@googlegroups.com for all owners. Please sign up there. Members have posted photos and lot of useful information. From what I have read, If you are owner of Phase 1, you can talk to your CRM and arrange for a site visit. Phase 1 construction looks very impressive. Also, BCIT has signed up several US based MNC tenants. Sutherland Health, PFSweb have moved into 8th and 9th floor of Bldg 1. IBM has taken the rest of the space (close to 500,000 Sq ft). The rent from these leases is close to 30 Crores a year. I visited in July. There is lot of activity going on. Bottom line is you need to have some patience. It will payoff big time.
Hi Rakesh
Thanks for the information. Does those survey affect Phase 2 Building construction plans? Or is it on some free space in 125 acres.
Since nikoo homes phase 2 is not yet started, i believe either delay or change of building plan is expected.
Yes, t survey number 35 and 38, falls in Phase 2.
What is shown as water body in front for Phase 2 buildings, is actually a storm drain, which is in survey number 35 and 38.
Though Phase 2 Buildings are not on the storm drain, but are in the catchment area of the storm water. There is a notification by BBMP, we cant say its implication. You are right, there can be some design change or delay.
Any one has clear idea on effect of Survey number 35 and 38 on Nikoo homes 2.
From online stuff came to know it is passing in between in catchment area.
Whether it is effect of both Survey number 35 and 38??
Or is it effect of only one of Survey numbers 35 and 38??
If there are no hidden issues, I feel its time for Bhartiya City to officially announce/state clearly the Storm water drain passage and its effect on Nikoo homes II. The more delay Bhartiya City make creates unnecessary chaos and confusion on prospective Nikoo property buyers/owners.
One thing is confirmed Phase 1 has no impact what so ever.
Regarding Phase 2 BC has released a letter confirming that they have all the permissions. And they had already shared the permissions earlier. But if BBMP still want to take some action even after giving all permissions, no one can tell at this point.
So I think, existing buyers should wait and watch, no point in cancelling the booking.
New buyers can check for phase 1 resale instead.
Bharity city is giving standard reply but Phase 2 is not safe for investment. I contacted one senior person in BBMP and as per him , it is possible that we don’t get registration or occupancy certificate even if project is completed.
I am planning to cancel and asking for refund. If anyone interested ????
Hello, i have 2.5 BHK for sale in bcity phase 1. Any serious buyers pls contact me at bcityforsale@gmail.com
Rohan
Rohan
please send me the details. im looking for a 3bhk falt in lower floors less than 6th floor.
however send me your expectation etc. to my mail id – nayak.ramdas@gmail.com
if price is attractive i may want to close the deal soon..
rgds
Ram
Selling 2.5BHK lower floor tower 1. Contact ganesh.he@gmail.com if interested
Waiting for phase 3 launch , want to buy a row house in bhartiya city.
Are there any plans for row houses?
As per the initial plan there was no plan for row house. But phase 3 was luxory Condos.
I do remember when I was booking my apt in phase 1, my manager said something like row house or villas not able to recall much. I will talk to him myself .
hi… im looking to sell my 2.5BHk 1265sq ft premium view apartment in tower 9..serious buyers can contact me at ssumeet.ssinha@gmail.com
Hello, I have 3bhk for sale in Bharatiya City Phase 1, 24th floor. 1575 sq ft. If you are interested please send email @ sunilshetty@gmail.com.
Hi All,
I want to buy flat in Phase1 or phase 2 … Please contact me at t446499@gmail.com
My requirement:
Area min 1200 sft
2/3BHK
don’t go for Phase 2. Pls plan for phase 1.
You are not real buyer as your mail id is dummy 🙂
Why not phase 2?
why not phase 1
phase 1 is what you see is what u get 🙂
phase 2 not sure you get or not , long way to go 🙁
Because phase 1 is completed, while phase 2 is not even fully sold.
Real Estate (Regulation and Development) Bill, 2016, became an act on May 1
http://economictimes.indiatimes.com/wealth/real-estate/real-estate-bill-is-an-act-now-may-protect-home-buyers/articleshow/52069308.cms
Office space demand in Bengaluru to top supply: JLL India
http://economictimes.indiatimes.com/wealth/personal-finance-news/office-space-demand-in-bangalore-to-top-supply-jll-india/articleshow/52218092.cms
We have booked a 2.5 bhk in phase 2 and Iike almost everyone here, we had concerns about the clubhouse charges. The reply we got from the CRM team was that the one time charge of 1.5 lakhs is for access to the club house.The promised club house is a world class facility and that to maintain the standard of it BC would retain the ownership of the Club house. They told us that the same was not added to our super buildup area for this reason. The subscription charges for using the cluhouse is promised to be a nominal amount and will be incuded in the maintanence charge as it is for the maintanence of the clubhouse. Currently 50paise per sqft has been added to the advance maintanence charges for the first year upfront payment on possession towards this.Also the facilities which require extra payment are few and on pay per use basis like Movie pods, Spa, Guest accomodations, restaurant, Concierge services, event space,early learning centre etc. All other facilities that we would commonly use like the gym,yoga studio,art and craft centre,kids club, dance studio,Badminton and squash court etc are for free use for apartment owners or tenants wihout additional charges.This sounded reasonable to us and we went ahead with the booking. We are not ruling out the ambguity in charges and how it would come up in the future, but compared to the value the whole project provides, we thought it was not such a huge issue for us. The CRM team was extremely helpful.We look forward to being a part of this unique opportunity.
Excellent, appreciate, finally a good view and positive respon to the the project. All the bestto our future neighbors.
Shabana and Halima – why trying to defence your self. Do you have answer for below questions –
1. in phase 1, club house is with association but in phase 2, it is with Bhartiya city and need to pay 1.5 lahks but still require to pay annual maintenance so club house tenant after paying full money
2. UDF is around 18% (total floors 30) compare to 22% for phase 1
3. Area of phase 1 is just 13-14 acres but phase 2 is 35 Acres , I find fishy as how when UDF is less area is more.
Bhartiya city is trying to sell hard and not able to sell any apartment. They tried to cheat phase 1 customers telling that club house will be with Bhartiya city but not able to do after denying to sign agreement. same tactic for phase 2 also.
Don’t sign agreement if don’t get right of club house.
total apartments in phase 2 – 2600
app charges for each apartment for club house – 1.5 lakhs
total amount – 40 crore
Still you don’t right and if you justify you are stupid or from Bhartiya city after paying 40 crore.
I am 100% Bhartiya is planning to open club house for non resident so can expect 1000+ every month enjoying form your hard earned money 🙂
Hi Mr.Ramesh,
First of all, since we are putting in our life savings in this we have thought over it for a whole year before deciding to buy. After several mails back and forth, we found the final communication satisfactory and then went forward with the booking. I posted this here to help clear atleast a few of the more common doubts, so people can make a decision,to buy or not to buy. I appreciate your excessive concern over the above said matters,but I do not appreciate you calling me or anyone else stupid. If you are not happy with the project, by all means save your money,don’t invest in this. There are ample opportunities to invest elsewhere. Thanks for the concern, but no thanks, I am going to keep my booking and if something goes wrong it will be our risk to take.
Agree with Shabana. We got the same response from mkt team & are pretty much convinced. We will be booking the apt soon.
Ramesh first of all LOL on you.
I myself have also invested in the same property and I am happy and follow a simple logic, if you doubt on something, you have got two options: ask questions or raise your voice and make people panic about it. You in this case are thr later and people who bought are in the first category.
So here are the answers to few of the questions you raised. (I am still LOLing)
1. Club house: who cares as long as I am getting to use it, and people from outside the property are not allowed (verfied and taken in written).
Imagine you wanting yo have you name enraved on all the common facilities. I mean common man WHO CARES !!
2. UDS is almost same in both the phases.
3 area in phase 2 is no way 35 acres.
About the clubhouse to be opened for all: LOL again; common sense lost, anyways they have given in writing that it will be only for people who have bought an apartment in phase-2.
P.S. you look like some competitor or someone who doesnt have budget to buy and desperate that Bhartiya should noy be able to sell much of their apartments and they bring the rates come down, so that you could buy. (Chances are less bro)
Also don’t fall in the bracket of people who want a good lifestyle but dont wanna pay for it.
If you cant afford little more for good amenities, please buy a property where the maintenance charge is low.
Absolutely!! Well said.
Ramesh – if you are so smart and everyone is so stupid.. what exactly are you doing here and what are you trying to achieve? if u know everything so well and 100% sure about everything- make your decision accordingly as no one can question you for your intelligence.
so many positive reviews. First time seen real customer are giving so many positive reviews for project.
Can you pls share you share contact no / phase 2 apartment no so I can call and check indeed you are customer, not marking person from Bhartiya City.
Raj – can you pls share your mail id or can share mail from Bhartiya as Bhartiya refused to add in agreement that clubhouse to be opened only for resident. I want to buy but now confuse.
Ramesh – I agree that 45 crore is big money and need to make sure only residents have access to club house. Thanks for sharing wonderful info. need person like you for who can fight for customer rights so real estate developers can’t take us for ride.
I got input from bhartiya city marking person than UDF is less than phase 1 and area is 35 acres as per below.
Phase-II Development :
Land Area (Phase-II) – 35 Acres
Total No. of Towers – 10 Towers
Total No. of Floors – 33 Floors
Total No. of Apartments – 2415 Apartments
Unit Type – Studio, 1.5 BHK, 2BHK, 2.5 BHK, 3 BHK, 4.5 BHK
Possession – June-18
above information is public information and I have not modified or manipulated data.
@Saif,
If u want to do a reality check, just go to Phase 1 site and see the progress and check the progress in any other similar sized project which started at similar time (April 2013).
Since construction is on time and quality is good customers are satisfied. Also their cost is less than similar projects.
Shabana Mohamed – what you mean by promised club house is a world class facility. Even one G + 4 apartment builder too calling his society as world class. any definition 🙂
I have compared 1 and Phase 2 amenities from brochure –
http://nikoo-homes.com/nikoo-homes-ii/downloads/
Phase 1 but not in Phase 2 –
GYM/SPA/HEALTH CLUB
INDOOR GAMES ROOMS (SNOOKER/TABLE TENNIS/CARDS/ CARROM)
KITCHEN GARDENS
LABYRINTH
LIBRARY AND BUSINESS CENTRE
MEDITATION AREA
MULTIPURPOSE COURTS
REFLEXOLOGY PATH
RENTABLE COMMUNITY SPACE
RETAIL BOULEVARD
ROOFTOP AL FRESCO RESTAURANT
ROOFTOP SWIMMING POOL WITH ACTIVITY DECK
ROOFTOP OBSERVATION PLATFORM
available in phase 2 but not in phase 1 –
• DRY CLEANERS / LAUNDRY
Still if someone say world class, I don’t know what to say LOL or big LOL 🙂
Prem – don’t tell all this. I am phase 1 customer –
Phase 1 was launched in Oct, 12
1. Started booking on Oct, 12 and we got agreement in Feb/ Mar 13. Bhartiya city got free money for 6 months, tell if it is cheating or not ????
2. We got that we get apartment in 36+6 months and now July/Aug, 16 is delivery date as per agreement. Why construction is going on , can’t expect by dec, 16 also.
3. Charging 18% if we delay in payment but Bhartiya is paying just Rs 4/ sq feet, it is again illegal
4. Still construction for Phase 1 ( tower 10/9/8/7) is not done ( expecting 6 months) and another 6 months for OC after construction
5. Got update than have only phase 1 but not phase 2. God only knows if have phase 3 also.
6. Quality is ok and using local ISO material not from top 5 companies (cement / Steel etc). if you don’t trust go and check. Ask Bhartiya to give name of Steel and cement brand using for construction.
7. We don’t have any profit and top of that if i want to sell need to pay 100/sq feet for transfer.
Are you real customer and how you can judge that we are satisfied.
Mr Phase 1
i’m a real customer and own apt in first phase… first of all, everyone knows how things work in real estate in India and hence i would a lot of things you have mentioned may be worthwhile but in context of the country that we live in , its un realistic in terms of expectations and if you were so clear n saw so many risks, why did you even book an apartment.. only reason i can think of is greed to make money or that you couldn’t resist thinking at that time that its one of the better projects ( not best ).. few comments on your questions:
1. Started booking on Oct, 12 and we got agreement in Feb/ Mar 13. Bhartiya city got free money for 6 months, tell if it is cheating or not ???? – Oct 12 was “prelaunch” again a business proactive.. no one forced you to buy in oct.. you could have purchased when agreement signing was done at whatever price
2. We got that we get apartment in 36+6 months and now July/Aug, 16 is delivery date as per agreement. Why construction is going on , can’t expect by dec, 16 also. – theoritically they have time till 42 months… you seem to be en expert in contruction etc so shoudl be able to understand how much more time it will take beyond july/aug of whatever is applicbale to you… again delays are known risk in India so if you dind’t factor that while purchasing you weren’t prudent so now you have to live with some delay and ask for interestet etc from BC as per agreement which you signed
3. Charging 18% if we delay in payment but Bhartiya is paying just Rs 4/ sq feet, it is again illegal – go and challenge in court if you want.. again this is a bad practice in india.. if this is illegal now it must have been in 2012 as well.. why did you still purchase and why did you sign the agreement then?
4. Still construction for Phase 1 ( tower 10/9/8/7) is not done ( expecting 6 months) and another 6 months for OC after construction – have you written to BC and has anyone told you so? we can collectively go to court, refuse to take possession and pay the deposits if OC isn’t given… again its more of a practice in india but we are free to do what we want
5. Got update than have only phase 1 but not phase 2. God only knows if have phase 3 also.- how does it matter to you?? its their property and they are free to build as many phases as they want…. will you ask permission to decide what u want to do with ur property?
6. Quality is ok and using local ISO material not from top 5 companies (cement / Steel etc). if you don’t trust go and check. Ask Bhartiya to give name of Steel and cement brand using for construction.- why don’t you ask and educate others. again why didn’t you raise these questions in 2012 and refused to sign agreement if these werent given to you in writing?
7. We don’t have any profit and top of that if i want to sell need to pay 100/sq feet for transfer.- again.. transfer free is a practice – u shudn’t have signed the agreement.. also its not a commodity that you are buying and nothing comes with a guarantee of profit
Are you real customer and how you can judge that we are satisfied.- no one can judje others but everyone has their own way of arriving at conclusion just like you did in the past and doing now
@Phase1,
I am also a Phase 1 owner. Also my comment is based on my previous experience with other 2 A grade builders, Prestige and Ajmear.
1. Yes Phase 1, was launched in Oct 2012, But Owners paid agreement money only in Apr 2013. Because we wanted to get the agreement changed (yes it was too skewed, but we did not paid any agreement money).
2. 36+6 Months from Apr 2013 is Aug 2016, and looking at the progress I am sure I’ll get my apt. in tower 9 by Aug or may be 1-2 months here and there. As I wrote, compare this with any other project of Similar Size which started in at similar time and say where it is now?
3. It’s unfair but not Illegal (because we signed the agreement to that) and most builders pay similar amt. You can check. Thats why RER is being implemented by govt.
4. Technically OC is given to full project and not buildngs, so till the whole project is not completed, there is no question of OC. Most builders will first give possession and OC may be after a year. And many builders never give OC.
5. May be you did not read the broucher carefully, there was already provision for Phase 2 and Phase 3 (as water front condominiums).
6. What matters is quality of construction, and in BC it looks fine. Shody construction gets visible clearly (before plastering).
Regarding TOP 5 brands, I think you don’t know all those brands out source manufacturing to local manufacturers. Thats why I said, what matters is final quality.
7. Price in Oct 2012 was ~4000/Sqft Now its around 5100/- its over 30% profit on your investment till now.
Expecting windfall profits like it use to happen is not wise, because all financial instruments are stagnant.
Rather BC was (and is) quoting reasonable price, so there is profit. Else Check Near By Sobha city. Resale rate is quite similar to purchase price.
And 100/sqft charge is there by almost all builders.
First time property buyers always find dealing with builders odd (indeed its odd) but later you realize all builders are similar, In fact BC is on better side (except the initial 6 months of haggle for getting the agreement changed, rest was smooth). And check the delay in large projects, Prestige Shantiniketan possession started after 7 years (and 1 building collapse) while almost all money was taken in initial 36 months (Prestige had time based installments)
That’s why RER is required.
Excellence Review.
I have decided to buy in Phase 1 in Resale.
No no no to Phase 2.
HI,
I am with you , booked in Nov 12 do not agree for 3 years from date of agreement.
Already written strong mail, need support.
Please share your contact details, will be in touch with you
Rgds,
Sridhar
Yes, You should not agree for any charges to use the club house. 1.5 Lkahs is the investment on club house. Do not sign, till the time clause is removed as well you can drop in phase II and buy resale flats in Nikoo I, even if you pay 200-300 more it is good option, because you save on interest and other benefits like higher UDS etc.
For phase 1 club, we (owners in phase 1) fought for months with BC. And did not signed agreement till they agreed.
But till then it was a mess, Builder threatened to impose 18% interest or to cancel booking without any refund (2.5 L is no small amt.). Some people succumbed to this but majority stood strong and got the ownership of club (and many other points) done.
But back then all apartments were sold and there were lots of owners to put pressure on builder, also it was its first project so they had no project to showcase, so they can’t take chances. Which is not the case with phase 2. Anyway, all the best.
Hi Shabana
I have also booked an Appartment in Phase 2 and had a similar concern related to the clubhouse while reviewing the agreement recently. Your summary is quite encouraging and reasonable. My only question is has the BC team shared any formal response or email confirming this. The agreement doesn’t call this out clearly, hence having something formal would probably be beneficial for all.
Regards
Vivek
Hi Vivek,
I have booked an apt in phase 2 as well and going for agreement by nov end. can we keep in touch just so we are aware of anything we get to know about the project?
you can drop in your contact at aseshsahoo@gmail.com
Thanks
Asesh
Sure Asesh. I have sent my contact details to you 1×1. Looking forward to some feedback from this thread as well so that people who have already signed their agreements for BC-2 can guide us.
Regards
Vivek
Before people throw away their bhartiya city investment at dirt cheap rates, please read the below. You don’t want to regret selling your home at the bottom most price in the cycle.
http://forbesindia.com/article/real-estate-special/new-real-estate-regulations-will-push-prices-up-by-3050-says-vikas-oberoi/43161/0
http://www.moneycontrol.com/news/business/home-prices-hit-roofaffordability-also-at-its-best-hdfc_6577901.html
I am planning to sell my 1 BHK in Phase 1. Expected base price 5000 per sft. Only serious buyers contact me at venkat.thummala.1978@gmail.com and 9739657883.
After 10 days visiting Bhartiya city and checking with sales person, I have below feedback and need suggestions –
1. Delivery of phase 2 is in 2019 and sold 900 apartment ( not sure if true)
2. in phase 1, club house is with association but in phase 2, it is with Bhartiya city and need to pay 1.5 lahks but still require to pay annual maintenance so club house tenant after paying full money
3. Base rate is 4850/- and same way need to pay ST and VAT but in phase 1 , base rate is 5100 to 5800 depends on location. So 4850/- is equilenet of 5150/- ( 300/- more for ST+VAT + other charges)
4. UDF is around 18% (total floors 30) compare to 22% for phase 1
5. Construction Quality – looks ok but not great compare to phase 1 as need to make more margin
6. 2.5 BHK not available in phase 2 but able to get 1//1.5/2 and 3 BHK
7. 1 car parking is 2,75,000/- instead of 2,50,000/- in phase 1
8. Area of phase 1 is just 13-14 acres but phase 2 is 35 Acres , i find fishy as how when UDF is less area is more.
9. one of my friend who booked in phase 1 taking about shopping mall and movie hall but not able to find in latest plan.
10. Bhartiya SEZ or BCIT , able to see few employees ( 100+) but nothing much progress.
11. market is stable or slow so no hike in price in next 2 yrs
12. Phase 1 ( tower 9/8/7) are ready and looks great
I am confuse if book in phase 2 or buy in phase 1 ( resale)
Your excelent analysis is enough to easily convince anyone to chose Phase 1.
Still why you have doubt??
Office space demand in Bengaluru to top supply: JLL India
http://economictimes.indiatimes.com/wealth/personal-finance-news/office-space-demand-in-bangalore-to-top-supply-jll-india/articleshow/52218092.cms
I am a bit confused. The construction has not started yet,how do you know that the quality is not up to the mark?
Hello, i have 2.5BHK for sale in Bcity 1, Tower 3, First floor. The area is 1265 psqft I am offering to sale @5100 psqft EXCLUDES VAT, ST, Possession charges( Kitchen vanity, BWSSB, BESCOM, sinking fund etc amounting to approx. 6.7 lakhs), Registration, Stamp duty. Currently the construction is completed upto level 15. If any serious buyers, i would like to close this deal in June as i am currently overseas and visiting Bangalore in June first week. For more details, Please send me email to
Bictyforsale@gmail.com
Rohan
Hello, i have 2.5BHK for sale in Bcity 1, Tower 3, First floor. The area is 1265 psqft I am offering to sale @5100 psqft EXCLUDES VAT, ST, Possession charges( Kitchen vanity, BWSSB, BESCOM, sinking fund etc amounting to approx. 6.7 lakhs), Registration, Stamp duty. Currently the construction is completed upto level 15. If any serious buyers, i would like to close this deal in June as i am currently overseas and visiting Bangalore in June first week. For more details, Please send me email to
PLS NOTE THE CORRECT EMAIL ID: (previous post had typo)
bcityforsale@gmail.com