Brigade Cosmopolis
Brigade Group will soon has announced the pre-launch their new apartment project called as Brigade Begonia Cosmopolis located opposite to Forum Value Mall, Whitefield. During Pre launch they are only offering 3 & 4 BHK. The project spread across 9.3 acres of land will offer 880 apartments and host a 30,000 sft clubhouse. As with Brigade Golden Triangle & Brigade Lakefront, pre-launch customers will be informed 2 weeks prior to the official launch to pick a unit or their choice.
Brigade Cosmopolis Options
3 BHKs will range between 1700-2300 (there will be 3 sizes) and 4 BHKs will be in the range of 3300-3400
- 2 BHK
- 3 BHK
- 4 BHK
Brigade Cosmopolis Location
Diagonally Opposite to Forum Value Mall, Whitefield.
Brigade Cosmopolis Price
As of June 20th 2013, pre-launch price of Rs. 5990/-
As of 2nd week of October 2013, base rate is Rs. 6290/- per sft.
Pre-launch registrations are on the higher side with 10 and 15 lakhs for 3 & 4 bedroom apartments respectively
Take the poll – Is Brigade Cosmopolis a good investment?
Brigade Cosmopolis seems to be constructed in an Industrial area. Will this be an issue?
There is residential conversion from industry. This is not an issue.
You can ask for the conversion documents.
Yes, even I had that doubt. Zippserv Clean Properties has all information including conversion orders, approvals, status of OC/CC etc.
Kindly suggest which among prestige lakeside habitat and Brigade Cosmopolis is a better project for self-use.
BC, hands down…it is awesome.
Hello,
Has anyone booked recently? What is the current price quoted by the builder? Any negotiation or deal available through builder or outside?
Sham
I have a 2bed 2bath with 2 parking spaces available for sale phase 1, ready for occupancy. 16th floor
hii kumar quoting price?
Please share email ID as I think we are not supposed to discuss prices on this forum. Moderator might delete post. coolpunter100 at g mail
I have 2 bed ready for possession
Looking for 2bhk in brigade cosmopolis on resale on the higher floors.
Please let me know
The project does not have OC and some of the blocks are not yet even approved to start construction.
Thanks Aravind
Block A n B .. construction is yet to begin. Builder is quoting very high.Not sure if there exists a market for steep property like this.
The apartments were due for possession in Jun 16. I doubt the apartments are available in Jun 17. With many apartments still to be constructed.. Jun 2019 will be good timeline for the project completion. I think they have approval problems/ OC problems.
@Sanjay,
Did you manage to get to know if they still have approval problems?
Hi
Recently there has been ads about Brigrade Comspolis giving hand over.. But it seems some of their blocks have yet to get approvals.In light of that how is handover happening. Any info on this.
Is brigade cosmpolis overpriced for the location. Is it worth buying it for self use.
Are there any issues with this project. It seems they are ready to negotiate ..how much discount can one expect for a 3 bhk
I would suggest you also take a look at DNR atmosphere instead of the high handed and arrogant so called big builders. My friend owns a flat there and has been pretty happy with the builders conduct and the construction quality/progress. His flat is almost ready for possession. Address makers five summits is also a decent option Followed by Vaswani exquisite. Don’t get suckered by the brand names. I own both brigade and prestige flats and have been disappointed both with the quality and attitude of these so called tier a builders.
How is the condition of varthur road at peak time traffic …. Is there any scope of road widening that has been mentioned in the news ?
Hi,
I am interested in buying a 2bhk apartment in brigade cosmopolis phase 1. Please let me know if anybody is interested in selling their apartment in Cosmopolis along with the expected price at .
Anand
Hi,
I’m considering to buy a flat in brigade cosmopolis in phase 1.
Would like to know if somebody has recently purchased and did he/she manage to get some discount ? They say its almost sold out and nothing to offer !
Also how about the construction status and schedule ?
They claim that it would be over by mid 2016.
Any reason why prices have been little stagnant since a long time for this ?
Any other inputs.
Thanks !
Hi, what price are they quoting? Yes availability is an issue. Phase 1 seems to be on schedule but livability is an issue. Till phase 2 finishes to an extent..
How many bhk flat are u considering
@hello 123 lets connect once to discuss brigade cosmopolis.. We have bought a large 3 bhk recently.. will assist you in getting a good rate. My no. 8496945169
@ Hello : I have a 2bhk – 2bath with 2 parking spots available on 16th floor in J tower. My number is 9845045405.
I’m interested in this property, are there any legal issues with this project? specifically does the KIADB/Government order non-industrial use of industrial land apply for this project? Brigade has purchased this property from HUL, would like to know that the property would not suffer the same fate as Prestige’s White Meadows.
http://www.thehindubusinessline.com/news/real-estate/industrial-land-cannot-be-sold-to-public-says-karnataka-govt/article6739190.ece
http://www.bangaloremirror.com/bangalore/others/Rs-1000-cr-land-taken-back-from-builder-by-govt/articleshow/47422044.cms
Just got this SMS.
Pre Launch Open for Cascade & Everest Block in Phase 2 – Brigade Cosmopolis. Please call to know more.
People – any idea how is it going with this project? I visited them just after the launch. Told them there price is crazy. But ever since, I keep getting calls once in 7-10 days and they ask me to come down and discuss with their senior sales guys about the price. Any clue how much can i negotiate? thanks !
Sachin..Did you get to discuss the price?
Checked out the project recently. They are quoting Rs.6290 per Sq Ft with no room for negotiation.
Planning to book a 3BHK, any scope for negotiation?
Thanks,
Raam
all apartments sold ?
No Kamli…phase 1 sale still on…
All apartments sold !!! Was that an innocent comments form a first time buyer or was that really ignorant :-). I think it was latter since first time buyers can’t buy this kind of property at these insane prices.
They are struggling and having a hard time to sell due to pricing. Just because its location is good it doesn’t become a diamond/gold mine. Brigade is failing to understand that. Obviously they can’t negotiate, think if they do and people come on forums and tell they got 100-200/sq.ft. discount what will happen to the already few 20-30 people who would have bought it 🙂 also they can’t set this precedence.
I personally liked the project location a lot but due to their stupid pricing gave it a pass.
The biggest testimony that this project is getting a cold response and is in bad shit is the amount of interest its getting on open forums like this. There is no activity on this thread since last 3 months since they launched. Max 3-4 queries/discussion/comments..
I’m sure if you are on this site you know its not rigged by harsha or anyone else in anyone’s favor
So think for yourself why projects like Prestige Lakeside Habitat, Divyasree ROW etc. get much more comments and why so active discussions happen there. Simple-because more people see that as better option and value for money.
Brigade just lost it on pricing on this project and they don’t have an option now to go back!!
Vishal
Awesome post Vishal. Very logical. I wish more people are able to see things as logically as you have seen.
You will always see more people/discussions in budget segment than luxury seg. Embassy aghra/hiranandani hebbal/RMZ are in much higher segment than brigade and there is not much discussion on forums about these properties. Are you saying that there are no buyers for these properties ?
4 years back people used to say same thing for Mantri Espana and Adarsh villa, ridiculous price blah blah blah….but now if you see everything is sold out….
Don’t agree with you Sameer and SmileAlways… I agree its for high end and luxury segment but that is not a point which makes it a less discussed project. I booked a villa in PLH and i was looking into high end segment only but it has to be value for money. I agree they are not in a hurry to sell and that is why they have priced it right now as if we are already in 2016. These are just tactics and buyer at the end of the day will see his interest and appreciation be it for end use or investment. I was comparing it with PLH and ROW and none of them can be considered as low segment or tier-2 builder.
Anyway time will tell how it goes. It may do wonders for those who have bought. good for them. 🙂
Regards
Vishal
Vishal :- I admire your sense of value for money. you would have paid 7000+ sqft in a village in a land which is not yet fully acquired by the builder and the project will be ready in a decade. Also which has access through a one lane road with shops on either side and no scope for widening. I am not supporting any builder here but it sounds as if your views are biased…
😉 yes Manish i’m still learning the game of RE in India. Maybe my sense of value for money is not that good. Till i disclosed where i booked i was not labelled as biased but now i am. I was giving my opinion and general observation and i didn’t only took PLH as an example of epitome but ROW and other projects as well.
On another note, yes i did paid 7000+ sq. ft. price for a villa from an ‘A’ class builder where access roads are not very good. Can you help me with some tips where i can get a villa in Bangalore in lesser price (not with any ‘B’ class builder) in an area which as per you has everything.
At least based on my research (since i wanted only villa and not apartment) i could not find anything less than 2.5 to 3 Cr for a 3000+ sq. ft. villa which is not a row house but actually a villa open from all 4 sides.
Prestige did charged a premium no doubt about that. But since i researched for almost 1-2 years i ended up with this. Lets see how it goes.
Can you throw some light on your very serious claim “land which is not yet fully acquired by the builder”. How did you got this information Manish. It would really help me and others very honestly if you can provide more details on this. Appreciate your help in this.
Regards
Vishal
@Sameer – fair point. Not enough discussions doesnt mean project is not selling. But at the same time, the fact remains Brigade is finding it hard to sell Cosmopolis. Also, your info about Mantri Espana is not correct. I went there just 2 weeks back (on a Sunday). They have almost every flat available. Mantri Espana is almost ready. I flatly told the sales guy, price is high. He said you chose the unit and we will discuss the price. They were willing to offer me “double digit discounts in percentage terms”.
Mr. Federer…you sound so confident on each and every forum..what is the source of your information..your email id suggests you were born in 1989 which means you are like 24 years old…i must say for a 24 year old you have an amazing sence of the bangalore real estate market
Oops, did not know that you can’t append numerals to your mail id if they are not your year of birth. 😉
Thanks Einstein for enlightening me.
Btw, a quick trivia for you (sure you can google), in which year did Sachin Tendulkar make his debut?
I agree with Sameer’s view.
To add to it, the discussions are more during the prelaunch bcoz ppl are more keen to know about price, specs, offers and pros and cons.. and then gradually it decreases… Brigade Golden Triange is a good example, where there used to be lot of discussion during prelaunch phase and got sold out for d,e & F blocks, but now hardly any discussion though the blocks A,B & C are available under 4300/psft.
w.r.t to the project under discussion. i.e Brigade begonia which was the earlier name, I was tracking it from the day Brigade got the land deal from HUL. right then brigade had said that it was targeted for high income ppl and hence would be a premium segment and that kept it out of my budget, but i am a keen follower of this project. Unlike most of the projects which depend on revenue from the low prelaunch price, this project has 100cr investment funding from Govt Of Singapore(GIC), the total project cost would be around 200Cr, hence there are is no obligation for selling it in a hurry, they have the time and they know it would take time to sell the premium segment. And in a year or two, other projects in the close proximity comes up with the same base price and brigade will start hiking their price comparing to others… its us, the end users who pays more because of this artificial demand…
before someone tags me as a rep from Brigade, let me tell you that I am also an end user, was looking for a 3bhk property for the last 2 yrs and zeroed in with one of the properties just 3 months back. For me the choice was whether to go for value for money and hope the location would improve or pay extra and go for the premium with a location that I am currently committed to, and I choose the second one.
-VR
Would you mind disclosing where you bought please . I am also in the same situation and will appreciate.
Thanks
Bunty
@ Bunty, mine is all together is a diff story. 2yrs back I started with a 50L budget, and ended buying around for 1.1Cr. In the process I did lose some good deals trying to wait for the builder to come back on my price and doing the wait and watch game.
I had done EOI for brigade lakefront 2 yrs back, and when the pre-launch was done, I liked everything about the project except the price :). I somehow managed to delay to do the agreement until PLH was launched, but when PLH launched, I was disappointed with the master plan and the pre-launch price based on tower/floor/views. The flat that I liked in PLH was coming to Rs5350/sqft and the price at which I was geting BLF was just Rs500/sqft(including view/floor rise) more. So I felt paying 10L extra for the location, which is of my choice and having good connectivity would justify the extra cost. Again these are personal views, and yes it has its own -ve’s which has been discussed int eh BLF thread like some graveyard, traffic and graphite India factory etc….I can justify each of those but it might sound too biased.
when I delayed the agreement with BLF, I was given an option to chose Brigade Cosmopolis with the prelaunch price. I liked the floor plans, and the location, but with BLF I liked the open spaces and also had a location commitment I have currently.
when my search started, I was looking purely for investment, but in the end I got BLF for end use and I dont care/expect it to appreciate much. All i want is a decent community and some good open spaces and in the end I had to compromise on the cost a bit but not on the location or on what I liked. I did not consider some of the projects which were good priced, but did not have open spaces. .
BGT was one of those I was intrested in as investment if I had not gone for BLF, I would have sold it after 2-3 yrs when its ready and would have looked for something else which is ready to move at that time and in a location where I wanted.
I dont want to sound -ve on other projects, but ROW during the pre-launch at rs4200/sqft also was one of those I considered since it sounded very good deal for the location for investment. But since they were marketing it as a budget segment then, the reviews that I got from others were that no matter what the amenities the builder provide, in the end its the association that decides which to maintain and which to not and in my friends experience in their community they had to cut down on a number of amenities since most of them were not willing to pay the maintenance changes to maintain the amenities proposed by the builder. again as i said, this is not my views.
the only tip I could give is that, incase the builder is not ready to negotiate on the base price, try to negoiate on the floor rise and view charges, this worked a bit for me. I feel this is where they make extra profits.
All the best.
Dude , same here . This waiting has costed me too dearly for BLF . Agree with opinion , it’s best location as end user and probably not worth for investment because Brigade has already charged for future 2015 price in 2013 itself.
Market is not that great and sound for investment till real estate bill is implemented, one should only look for self use in current scenario else stay away and venture some non real estate options for investment.
Completely agree with the comments of ‘Smile Always’. I almost travelled in the same boat and finally booked one. My thought process was more or less same as you. The challenge in these open discussion forums is that people just throw comments without understanding how the price is decided. Overall, indian RE is inflated. No doubt about it. Thats due to the craziness of the indian population in holding as much land, apartments and villa as possible as investments for their blood relations. If we change the mind set of our crowd that one apartment/villa is sufficient, then prices will stabilize. But price of an apartment is decided by reputation of the builders, service they provide after possession, quality of construction (my uncle who is a civil engineer was in all awe for the technology used by the sobha for their foundations, he also really liked the quality of workmanship of saket builder for his project in sarjapur road….and he also pointed to few basic issues in construction in the projects by few local builders…it was an eye opening trip with him for me), UDS, amenities provided, type of tiles, lifts, marbles used (ex: all builder can say that they use schneider lift, but schneider itself has products at different quality and price points), power, type of generator installed (the generator in my current apartment requires manual switchover during power outage whereas builders like sobha provide automatic swichover), water pressure management in high rises and lot more. Also people raise concerns like its close to graveyard, its close to substation (guys were complaining that prestige sunnyside is close to a substation. ironically, sobha silicon oasis is asking customers to pay for the substation that should be installed in the site!!). So we need to pay our due diligence instead of taking these comments at face value.
@KayAar – so are you advocating that its alright to stay next to graveyard? Did another of your uncle take you to meet Yamraj where he must have explained the benefits of staying next to a graveyard ! 😉
@sachin_federer, Buddy, firstly, graveyard is peaceful place, and we all have to go there one day… 🙂 According to me, if the graveyard is not right in front of your balcony view it should be okay, I don’t see any other concerns. We need to worry more about some crooked, greedy people living around you than those who are resting in peace 🙂
w.r.t BLF, its used to be small family graveyard and used when all these were farmlands, and not the one for general public use. You need see for yourselves as to how far is it from BLF and which are all flats facing it and then decide upon it, than to just reject the whole project based.
BTW, its better we stick to the facts, rather than commenting on uncles and yamaraj, or it might just look like you are losing you point 🙂
All the best.
@SmileAlways
Tomorrow you will say toilets are peaceful areas too and you do not mind if your main door faces some public toilet.
A graveyard is a graveyard, however peaceful it is. There are lot of other peaceful areas where people do not want to stay. You are trying to justify some crappy things here. I would not pay premium to stay near graveyard nor even if I get hefty discounts for apartments near graveyard.
@aayush, Calm down buddy. I am not getting into a street fight here 🙂
those are my personal opinion, and you are entitlement to yours, I appreciate your views but not your analogy.
Good luck mate!.
Hi Raam….pls share ur email…
Going through the various posts, how do you guys have so much money to book these expensive apartments? Looks like some people have booked not 1 but more that 1 flats. Some have booked villas worth more that 2 Cr. Situation is very ‘grave’ indeed for people looking for budget apartments.
any update and feedback on the pricing now?
the price has gone to 6340 and with PLC and floor rise its around 6590…. is it worth investment.
Pl help.
It is above 6300 now. Was quoted 5900 3 weeks back and is supposed to increase after June. Basically it is no longer funny. I hope with new government in place a correction is in order.
Well the base price has been increased by 50 rupees. Having said that, the project is indeed selling okay but not at a breakneck speed. they have 880 apartments and phase 1 still under sale. I have invested in the project coz location is great and i believe with metro phase 2 the prices will firm in next 2-3 years. Being a banker, other than just the price / value I look at the clear title and reputation of the builder. this scores high on both these counts. On price negotiation, you can try you luck if you are going for the bigger apartment – 4/PH as this is the slowest moving inventory generally. I managed a decent discount for my 4BHK. I am an end user so for me the end product (amenities / location) is more important and there this project scores very high.
Thanks all.
@Naval, The closest metro stop will be hope farm junction which is like easily 5-6 kms from the project. What is the firm price relation to metro phase2? Currently there is no regular volvo service in this route as well.
The closest (Hope Farm) metro station is ~ 3 kms away… not sure what doe firming of price got to it with it though
Hi naval – can you disclose the price u paid for 4bhk?
Hi Sachin,
You seem to be a true ‘Federer’ of the apartment scene in Bangalore…your comments seems to be everywhere, just like Federer is trying very hard to win 1 more Grand Slam ! Any advice on a good 3 bhk apartment complex near Whitefield? Looking for own personal use.
@Bikram : we are in the same boat buddy. I am also looking for a good 3 BHK for end use. I can even stretch my budget for a 4 BHK. Location is not a big constraint for me. I have gone to a lot of properties from in Whitefield, ORR, Sarjapur Road, Bannerghatta Rd, Hennur, Thanisandra Main Rd etc. In my view, its a massive oversupply. There are more than double the number of 1-1.2 Cr+ 3BHKs than the people who can afford them. A large number of them are in pre-launch/early construction. Given the huge oversupply and the glut of soft launches/pre launches, I am worried about the ability of the builders to deliver on promise. Demand is not there (believe me, i can give you the names of ready to move in high end projects). You need to be smart and objective to figure that out. So if this is the situation now, you are going to get a huge increase in unsold inventory. Pressure will be on builders to sell. So my approach is simple, if i like a project/apt I make an offer (of course way lower than the quoted price). Trust me, i have been made offers which are decently lower than the quoted price, but i am still holding out for “my price”. If the builder is desperate to sell he will sell ( at the price that i have quoted). If he is not, no worries. I am not desperate, not in a hurry, so i am on the stronger footing as far as bargaining is concerned. I am sure, situation is going to become worse, so i am willing to wait. Another point is, even if I hear a small negative about a builder/project, I do my research, rather than brush it under the carpet as trivial. And you wouldnt believe it has saved me big losses. So good luck buddy.
Hi Sachin,
I would love to get the name/project where you have made offer to buy on your price. I can try as well. So far I have been trying to buy (On my price) from builder for 2 years. Still had hard luck.
But I understand Landowner share is always available at 10% or more discount.
@AK – the trick is, you need to do this for ready to move in or almost ready projects. Wont work for projects that are in soft launch/pre launch etc, as the builder have ample time to find gullible buyers( 2-3 years of construction phase + 1-2 years of industry standard delay). The one that is almost fully constructed, builder has already incurred all he costs (including humongous advertising costs) so the focus is only on selling it as soon as possible (otherwise builder keep incurring costs in trying to sell it, and disposing it off also means that builder can focus energies on newer projects) rather than on profit maximization.
Anyway enough of gyaan. drop me a mail at “”, i will share the details of initial quoted price v/s my price and the final quoted price by builder. Cheers.
People – something went wrong with my yahoo id. not able to access. I saw some of you had emailed but before i could reply, the mail id went kaput. please email me at “”
Sachin/Bikram,
What is ur opinion about MJR pearl in whitefield. Price wise appears decent. Plan/Amenities seem to be good. Location wise …bus stop nearby, phase 2 metro station also would be very near to this project, Bang on Main Road.
Drawbacks…proximity to railway station and ofcourse its not a Tier 1 builder.
Overall to me it still seems to be a good value for money.
Appreciate your inputs since you guys also seem to have done lot of research.
@Naveen : buddy i havent seen this project and have got no idea. sorry couldnt be any help.
Hello, Flattered that you are asking my opinion. Well, unfortunately, I do not have much idea on this project. But, if you like the project & it meets your requirements, you should go ahead. Just check the track record of the Builder. Prices are always raising, so no point in waiting.
I would suggest that why don’t you explore this project also since you are also on the look out.
I have done my research from my end….but maybe if you are interested you can also review this one.
Hello sachin federer it is 2017 now. Did you buy anywhere ? Just curious because after reading all your posts I was wondering where you would buy. But you have disappeared. Does it mean you bought or gave up ?
May be Vaswani Reserve.It’s not in Whitefiled, but close to Whitefield.
4000 rs/sqft ..Anything above is not worth…bcoz whitefield is already saturated. Metro construction is going to start and the roads will be crazy to drive for atleast a decade..
Considerng all these factors ..negotiate for a very less amount..else RE investment is going to be bad.
http://economictimes.indiatimes.com/wealth/real-estate/realty-trends/real-estate-market-no-longer-a-good-investment-for-a-household-portfolio/articleshow/47652964.cms
Hi,
This is a message to ppl who have booked a flat in brigade cosmopolis.
Do we have common group created for all buyers to share info.If not, let us create a group.
pls respond
Thanks
This is the link to google group
https://groups.google.com/forum/#!forum/brigadecosmopolis
not able to add myself….i have sent requests before also to add….not working…how to go about it?
Hi Sam,
I have sent request.Kindly approve
Thanks
The group is only for people who have booked.
Dear Readers,
I am happy to announce that Finance Buddha a leading financial product distribution company in Bangalore is offering an exclusive deal to you not available in the market for this project.
Finance Buddha special offer only for readers at HarshaSagar.com for a limited period
“10.25% fixed for 2 years, Processing Fee reimbursed to the customer from Finance Buddha, special offer from Citibank”
To avail this offer you can directly contact Vikram Hegde, Business Head- Secured Lending, Finance Buddha on 9731009872
Regards,
Harsha
Date: 28-October-2013
I have created this google group. People who have booked can join this group
https://groups.google.com/forum/#!forum/brigadecosmopolis
hi kannan,
tried adding to the group..it asks to appy for membership.have u received any request.
thanks
I bought a 3 BHK in Cosmopolis though I agree that its a tad expensive…i think that location and the product offering will come at a premium…best part is that the government of singapore is involved and construction has been outsourced to Shapoorji Pallonji…that gives me a lot of assurance that the project will come out well and anyways Brigade has delivered nice projects in the past. Plus the sales experience was nice…i just loved the walkthru and the model apartment looks neat and plush…I am waiting for June 2016….
Is there any mailing/yahoo group for people who have booked?
Do check this out –
http://www.brigadecosmopolis.com/
Hi Ramesh,
I am planning to purchase an apartment in Brigade Cosmopolis.
Just want to check What is the price per sqft brigade has quoted for you.
-rishi
with the price brigade is quoting i..e 6300/sq.ft. a decent sized (the ones they have built a model apartment) comes to around 1.6-1.7 Cr. this is sheer madness… a 1.7 Cr 3BHK…have you guys seen the model apartment…brigade claims and sells it as 2260 sq.ft. but actually its 65% of that… its too small for a price tag of 1.7 Cr. check the dimensions thr urself and u’ll realize that how we have been fooled..the carpet area is so less that the so called per sq.ft rate of 6300 becomes much more if you expect 70-72% as carpet area…anyway its again one own call to go or no go..i love the location but that doesn’t mean i would jump and give any absurd amount brigade will ask me….what do you guys think…how much can it appreciate 3-5 years from now if you have bought it for 1.7 Cr.
Agreed Rohit. Its dead costly affair. This type of hype and cost structure is not sustainable. 😉
Guys..to each his own… I have booked the 3 BHK large and i just love the design with the large deck area and the seperate family room.. Also the the master bedroom has access to two balconies with a seperate walking wardrobe .. plus its open from 3 sides…. I was not too happy with the price tag of 6300 but following were my considerations :-
a. I right now work in ITPL but 5 years from now might be working in ORR..that ways this location gives me access to both.
b. One of my kid studies in Greenwoods High and the other at Deens Academy…both are close from the location.
c. I have always been worried about not being close to a good hospital..that issue will now get addressed.
Above all..i think its a nice location to be in…i remember when i bought my first home in whitefield 4 years back and people still said..Is whitefield worth 3200 ?…now the same apartment is qouting 7500… net net…if you are in a good location and with a good builder..i dnt see prices going anywhere but north…
Whitefield at 7500 ? curious to know which one is that.
However if you ask me can it appreciate from 6300 ? yes it can
but anything above 2crores its difficult to find buyers in resale market.
Already its difficult for resale flats above 1 crore.
No activity on this thread since 15-20 days. Brigade is having a tough time to sell at this rate. They have grossly miscalculated the pricing here and have charged too much for the location.
I see there are almost every day 4-5 comments in PLH thread and even for other smaller projects but none on this for the last 12-20 days.
No one buying here or even contemplating to buy. If people where they would have been discussing about it for sure.
Even the voting results for this project on this thread is only 36% in positive. Rest is a no or can’t say. I was interested in this project but a price tag of 6290 just spoiled it for me. Not worth it
John
Brigade is increasing the rates every 2 weeks. Do you think they will increase it just like that if no buyers ? They have increased it from 5990–>6090–>6190–>6240–>6290. On other hand if you see other prelaunch/launch projects ( PLH, Prestige Jade Pavilion, Five Summit, Sterling Ascentia) prices have not gone up.
🙂 yeah they can even increase to 7000/ sq.ft. and we can say sale is on and its hot. Everyone knows the reality. I’m neither in favor of Brigade or Prestige or any builder. It was just a general observation. Good if its selling like hot cakes. This will set the trend for future releases and makes 6000+ sq.ft. as the new benchmark.
John
Hi John,
What should be the correct price according to you for this project ?
Brigade did offer the 5990 price during the prelaunch offer which was 300 less than now.
Price is mainly for location.
People are not commenting. That does not mean they are not buying.
Current poll results shows more Yes than No.
Yes 40.1% (77 votes) ; No 36.46% (70 votes) ; Not Sure 23.44% (45 votes)
John and Jhonny 🙂 so you just logged on this forum to reply to me i suppose. Anyway i don’t intend to malign Brigade or any other builder not enter into what is the correct price as per me ad that is immaterial if i say 5000 or 7000 does that really matter? Will Brigade change it.
I just expressed my observation and seems like people (hopefully not Brigade guys as the tone seems very defending) started pouncing on me as of i abused some one 🙂
Maybe i’m wrong. Maybe my understanding that in free forums like this a projects which is talked about/commented more is generally the one where people have more interest and hence are buying more as well. Maybe i’m wrong and people are buying in Brigade silently.
Pardon me if i have hurted anyone’s vested interest or sentiments. It was just a simple observation and i do have all the right to say what i think and see. I never said i’m 2005 correct. Maybe i’m wrong but seeing a sudden pounce on me i do think i was right.
John
Good observation and well said 🙂 .
The very fact that Brigade, Prestige, Sobha salesperson are on these forums indicates that these builders are not confident about their sales. At these inflated prices, most people with surplus money to invest or people with deep pockets looking for own use would be buying. Let us wait and watch how long these artificial prices can sustain
Is there any real-estate sector equity analyst in this forum, who has insight into actual structure, pricing strategy and realization for listed tier-1 builder..
Recently saw a news flash of BoA giving buy on prestige estates with upside of ~25%..
Wondering how good these tier one are doing in Bangalore/Pune, when else where real estate is bleeding.. Just curious to know how big is realization % other than order book which we know all know is picking up in Bangalore by investors in upmarket segment targeted by tier-1 builder..
>> what do you guys think…
>> how much can it appreciate 3-5 years from now if you have bought it for 1.7 Cr.
my opinion: 10% per year (on paper) but you will need to find someone to buy a small apartment at this high cost from you and that may or may not be easy. One can look at the companies nearby, check average salary of these companies on web and get some idea. If one is looking for living, that is a different matter. my opinions only. you need to make your own judgement!
yeah maybe 10%…easily on paper but am talking about reality..when u r out in market to sell..what then…think this way….even with staggered payment in so called pre launch etc. or during construction…people can think that i have 4-5 yrs to pay this 1.7Cr. but what next..how do you sell it for 2Cr. to a buyer in secondary market…when the buyer have to pay u whole amount at one time…no staggered payment here…unless of course u are ready to take your 2Cr. in 4 years 🙂
what are we looking at here…is stupidity and madness dunno of what kind…gone are the days when there was enough room for a buyer to see appreciation and hence people bought sometime for end use sometimes for investment…i was looking for end use…but then who knows whats there in future so..cnt hold myself from thinking…if in case i have to exit the property….what do i do..then??
alternative 1: one can get 8.5 – 9% per-year interest in tax free bonds that GoI is giving now-a-days.
alt 2: one can buy 3 plots (60L x 3) or even 4 plots in different parts of town (or even different cities) and sell than after 5 – 20 years (and use in family)
I have booked a 3BHK in this complex. The price is high but my main consideration was location and hence preferred this.
I was also looking to book one but last time price quoted made me pause. What price are they quoting now and which blocks to consider now ?
Not sure what price they are quoting now… I booked in pre-launch
hi,
could ppl who have booked or have visited the launch share the details shared by brigade.i am planning to book one but need some details.
also i had a few qns, if anyone cud provide info.
1. Have brigade got all approvals for this project? i heard approvals pending for few blocks?
2. what all blocks are available for booking in phase 1, anyone aware if L block is open for booking?
3.any aware what all banks hav approved the project.has sbi approved?
4. does brigade usually share project papers for verification with lawyers?
5. what price is going on in launch?anyone booked in launch?
6. Any other details that would be easy to make desicion.
Also if this blog could be updated for latest details abt this project, as its still mentioning abt pre-launch.
Thanks
summi
Summi,
I have been told that the project is approved by HDFC, SBI, Axis and ICICI and other banks. Brigade has made a press release about this project on BSE/NSE.
Friends, I am planning to book in Brogade Cosmopolis. The pricing does appear to be quite high but what does this group feel about general construction quality of brigade? I was reading reviews on moutshut and I have only heard complaints around leakage, seepage, poor quality. Can you guys share your views? May be any metropolis folks on this forum?
I used to live in Sobha Hibiscus outer ring road and then now in Brigade Metropolis, I would rate Sobha’s quality as the best, Prestige/Brigade come distant second. Brigade/Prestige maintenance cost also high. Metropolis has ceiling height and sewage treatment plant issues. Moreover Brigade own the clubhouse and owners to pay club house charges etc., I also heard Cosmopolis price is around 6090Rs per soft, just the base price, on top of that you have to pay car parking + + extra. but end of the day you need to decide what is best for you
Appreciate your response Ram. I actually have heard a lot of complaints around metropolis from other friends as well. However it seems brigade is using some new technology which they claim should not have the kind of problems that are there in metropolis. Its quite a confusing state for me.
The metropolis complaints part i guess will be taken care of with Brigade claiming that they going ahead with Shapoorji Pallonji as contractor….
Ashutosh,
I have a unit in metropolis and i dont quite agree with what you say..The entire property has come up very well not only from a quality of life perspective but also from an appreciation standpoint..having said that there are some minor issues with every builder and not just Brigade..I cant comment on the pricing of Cosmopolis as i m not tracking it. Also look at other properties they have developed like Gateway, Millenium, Gardenia…etc… rest is your call..
There are many points one should consider to evaluate if maintainance charges (from buyer perspective) are higher or not:
1) We should some sum up total monthly charges and compare across properties – doesn’t help much to split into with n without club charges. It could happen that though there may not be separate club charges the per sq ft charge itself may be on higher side.
2) We should check how much extra is charged at the time of buying the property to provide various facilities eg a) some builders ask for extra deposits b) some builder asks for v high extras for amenities, clubs etc – if these charges itself are high then it is possible that running monthly charges may look low but they are not in reality
3) Many of properties doesn’t have as much common facilities as in Metropolis or Shantiniketan, hence to compare monthly charges of Metropolis/Shantiniketan with those properties would not be a fair comparison.
One question: Any particular reason/reasons why you have gone with Cosmopolis rather than Lakefront?
Hi,
I too planning to book one. Pls let me know any group of buyers here for better discount.
Your best chance of a good price is day 1…that’s what i a, going to do
What price are they quoting ?
Brigade Cosmopolis Video on Youtube.
http://youtu.be/AHa2oQCCJIs
Does anyone have any info on the launch..I have been told 5th Oct is the confirmed date. I went to the site, the model apartment is almost done so I am guessing that 5th Oct will hold good.
ya got the same info..u were able to visit site and see model apartment?do theybhave model for all types?
Hey..i just saw the model apartment from outside..generally builders have model apartment only for 1 size so not sure whether Cosmopolis will have more than 1… but the work is happening pretty quickly…
What is the price they are quoting now? When I had called them during the beginning of Aug, the sales person was pressurizing me to buy at 5990/sq.ft as apparently the flats were being booked very fast. Its hard to believe that flats at being sold so easily in this economic climate. Looks like a real estate crash is imminent.
Mr. Shah,
What makes you think that the real estate crash is imminent, are you an economist or sorts…please do not make blanket statements on forums like these, let us all behave like responsible people.. I am not in favor of the prices charged by builders but to paint a wrong picture is absolutely not acceptable.
Hi John – I agree with shah..the crash is imminent. Once the real estate regulator
is in place ..no one can do a pre-launch and most of the builders will be out of
the business..All illegal buyer -seller agreement will not be valid.
its going to take minimum 3 years for the economy to rebound..
Hello John,
You don’t need the brain of an economist to see what is going on currently. The price is so high that it has thrown the end users off the market. Investors are not only not buying but disposing off their existing properties at whatever value they are getting. The resale market is flooded with properties. Just call a resale agency and check for yourself the number of properties they have at the moment. Foreign institutional investors who were investing so heavily on Indian properties have taken a careful approach after the current slowdown. And not to forget assembly elections next year, god forbid if there is a hung assembly then we will be staring at a crisis. All these point to a very nervous market which points to reduced property sales and a correction has to happen.
This could be very bad news for builders, real estate agents as they cannot milk the end buyers as badly as the buyers will have much more negotiating power now. By the way, what got you so frustrated? If you are a buyer, you should be happy if the prices go down.
If I book now, will I be able sell it off once the 20% payment is done ?
I liked the location. But, it seems the pricing is on the higher side. Any perspective , will appreciate it ?
Everything these days is priced very high..dont know where these builders will take the market…Sobha selling close to Marthahalli @ 8500…Prestige in Jade Pavillion @ 6500….considering all these….this looks ok…i have not invested but might be….they are increasing rates from 12th onwards…atleast thats what the mail says..might be another marketing gimmick
they are increasing because buyers are there in market on this price also.
If buyers wouln’t be there then they have no option but a reduce a price, evrey thing is propotional…..
Brigade begonia has been renamed to Brigade Cosmopolis.
San
Hello All,
I am Tejas and I work with the sales team of Brigade Begonia. Seems like a lot of you want to book but dont know whom to get in touch with. Please note down my email.
Thanks,
Tejas.
Just heard that Sobha pre launching at 8500 near marthahalli….considering this Brigade Begonia is very reasonable…i just booked a 4 BHK today…Sales guy mentioned that Begonia’s price might be going up very soon coz of Sobha’s price in their project near marthahalli..
hi sara,
i am very interested in this proj. since u booked one here, i assume, u have the floor plan, price break, brochure etc. do u mind dropping it to me?
thanks.
This apart – if any of u know about any good 3-4 BHK Villa/apartment/penthouses in Whitefield or North BGL Area – kindly suggest.
thanks a bunch
Hi Pri
I have booked myself.brochures, plans cost sheet are not shared during pre-launch.However I could give u sales person details.
You can email me at
Regards,
N G
Hello,
I am very much interested in this project and would like to know through whom it is best to book this apartment.
Rajesh
Hi Rajesh,
I have booked myself.can help u with contact details.
pls email me.
Regards,
N G
Hi NG,
I want to know abt these project details. If you have booked the flat, you might be having the Price breakup sheet. Can you pls share it with us along with the contact sales person .
Thanks in advance .
hi bharathi/pri,
did u get the details.
else u an reach me at
cheers
NG
Hi Rajesh,
Dropped u couple of mails with details.
NG
Folks my 2 cents on this project…disclaimer ( i have registered for a 3 BHK)
-> The location is amazing, i have spoken to brokers and the feeler is this will be one of its kind project on whitefield main road, as there is no more land left. The project has seen interest from a lot of people who stay in prestige ozone, marthahalli, palm meadows. A lot of people feel that this will be the best project in whitefield so far in this price range
-> The amenities are amazing :- squash court, lawn tennis, badminton, pool, gym,etc etc…
-> The specifications are going to be high end
-> Since Government of Singapore is involved in this project, the chances of this project being delayed is very bleak
-> No high rises coming close by
-> Columbia Asia close by
In all it will be amazing project in a very attractive location
broker ?
I am not a broker Remo…just a genuine buyer..know all this coz i know the sales head of the project.
hi Manish,
what price u booked in? when is launch expected
thanks
swatz
5990 and launch is confirmed on aug 24
Hey Manish,
How do you know all this stuff? can u share details of whom u booked through.
thanks
swatz
Best is you call their toll free number…….
Mannish, I have been told the launch date somewhere after/around 3 months, did Brigade confirmed this ?
yes..even i know abt september…r u sure abt exact launch date and how…
who is the sales head..
I wouldnt want to take names here…call up brigade folks , they will tell you the tentative launch date
Can you please tell us more about the government of Singapore involment ?
The price seems a bit too high although this area is turning out to be expensive recently. How would this project compare to other projects in this area – the price range is spread wide here for premium homes – UKn is pricing Miraya Rose at Rs 9500 for ultra luxury homes (central A/C etc), but there are good spec projects like DNR Atmosphere which are in the Rs 5000 range.
Seems like now they have opened 2 BHKs in brigade begonia and from my internal sources have come to know that pre launch is moving pretty smoothly…
This site is not for marketing people and brokers.
This site is for buyers and prospects for providing credible info and that is what i am doing. To take or not to take is contingent on you.
Guys, I heard the project will be launched by June end and this will be a luxury segment apartment. This will be on the road connecting between Sarjapura and Whitefiled, i.e. varthur hobli. I also got to know from my friend that the price will be 6800 per sft.
Please share if you have any additional information on this. Is it worth in this price?
Rs 6800 per sqft…WOW..that too in 2013 itself..imagine the price after 5 years..this location has already become unaffordable to most…
This project is right opposite to forum value mall. Price looks very high.
It is in pre-launch today. Rs 5990 per sq ft for limited no of units.
Excerpt from email below
We are happy to inform you that we have opened Pre-launch Registrations for a limited number of units at INR 5990 per square feet.
During Pre launch we are only offering 3 & 4 BHK. 3 BHKs will range betwen 1700-2300 (there will be 3 sizes) and 4 BHKs will be in the range of 3300-3400 square feet
interested… want to the prelaunch price….
Hi All,
Any latest update on this project?
cheers
Swatz
Hi,
Please update me on both the projects.
Regards’
ABC
Hi, Do anyone know the price that is being quoted? Also, between Begonia and Lake front, which
property compares favorably? Pls share
Both are good only if you are a NRI as the amount quoted for both will be much much higher than the market rate. NRIs only care for the brand name and not the price.
Is it safe to put money in pre launch offer? Which one is best brigade lakefront or brigade begonia ?as it was earlier mentioned the brigade has already prelaunched the brigade lakefront and still they are in a row of prelaunching brigade lakefront ,big dilemma
After the experience in BGT, very big NO to any brigade prelaunch project…
and plz serious about it, BGT investors r in big loss….
Agree..the pre launch customers in BGT have been given a discount of only 150 per sq ft…..after Brigade held the money for over a year. Better is to wait for the actual launch of the project and then decide. Also the allotment process for pre-launch customers is first come first basis..so one is not sure of the apt that will be allocated to him.
Based on all this , i think it is better to book an apartment when the project is launched…more transparency and better choices.
Brigade reputation on tosss
1. Brigade golden tringle booking n no commitment is made to customer who registered. Project still not lauched which ws suppose to launch before dec12
2. This is another trap building up wth pre_ resistration funda
Be careful n tke care
Friends – Everyone would have noticed about the brigade altamot project ad. They mentioned all the projects are booked. They said only 3 bhk only available..just to create a hype or articfical demand
Now they have sent an email saying 2 bhk flats are available..they are just playing with our money
so dot get into trap of prelaunch offere ..it would be better if we put the money in FD…
they buy the land with our money and offer nothing in return
I called up Brigade..now they are saying all 2 BRs in Altamount are booked…only 3 BHK available!
Any idea on the current status of Altamont project? Anyone got the agreement/allotment letter?
in brigade altamont project they recently put an add last week saying 2 bhk are available starting at 55 lakhs..
i would say just dont book and get into trap
they are cheating customers..can some one ask the cancellation charges and penalty charges for the brigade apartment. they wont say anything on this..
let us all wait for 1-2yrs.. now supply is more so prices will come down drastically..they are only collecting money from us and not starting the construciton work..
Yes. Looks like they haven’t released all the homes. Also, the price per sqrft in Altamont gone up by Rs 200 now.
let them keep increasing the prices every day and we need to inform them at the end of 3 years the price of the flat wilbe 10,000 rs per sq.ft.
they keep fooling the public ..and keep communicating to your friends not to go ahead and book any for another 2 yrs
I Second this, don’t just buy because everyone is buying.
I don’t know who buys at 5000/- odd sq.ft in Whitefield when you can get 6000/- sq ft in Kormangala.
just hold on to your investments for 1 more year..real estate regulator act will be implemented this season..we will see only few survivors after that..
till now there is no control of the developers..i think consumers will be
benefited after RER is implemented. Most of the developers are not happy and this will keep only genuine developers to be in the market.
Looks like you are an expert in Real Estate sector. Did subscribe to free gyan offered by a “free for all” real expert like you in the past. Unfortunately, prices have increased by over 50% in most of the projects since, leaving me high and dry. Regulation will only mean more compliances and more compliance means delay and increased cost (at least in Indian context). Moreover, real estate is a market driven play. Regulators cannot help us much. There has been good absorption of office space in the past in Whitefield area e.g Prestige Shantiniketan office buildings (potential to employ a total of 25,000 people). More absorbtion of office space means more people getting employed and hence more demand. Another aspect is rapid urbanization, setting up of malls, international schools etc making Whitefield more sustainable and desirable to live in. If there is sustained demand, existing IT Players increasing their headcount, I don’t foresee a lack of demand to the slated supply.
Got to know from brigade inside sources, the price would be in the range of 7000-7500; this is not confirmed though.Also may take more than 9-10 months for launch.
WOWWWWW
Hi Kris,
I’m also interested in this property. Did you came to know about the rate from reliable source? As per my knowledge, in that area the rate is not that much high. It’s close to 3800/sqft. Considering Brigade, the pre-launch price may be 4000/sqft. Also from the image it looks like many apartments are there in the complex, so it’s a high density property. If rate is 7000~7500/sqft then it’s better to invest in other properties.
Its a super luxury apartment. Be prepared to shell out extra.
Super luxury apartments are always launched at a premium. Pls understand Brigade + GIC has paid 125 Cr for Land which they bought from HUL.
>> Its a super luxury apartment.
What does a super luxury complex mean?
How many of following will they provide?
Soccer ground ?
How many Tennis courts ?
Badminton courts ?
Swimming pools ?
What will be length of Jogging track?
Don’t you know super-luxury , ultra-luxury , uber-luxury are all ways to cheat public !!
By adding the term, they command a huge premium compared to the existing market rate and we fall into the trap assuming that ‘we only buy one home in a lifetime so better buy a good one’.
Hi Sneha – This is from insider itself but how authenticate this info not sure either. Yes,completely agree with you that this is too highly priced project if inside info is correct and also it definitely will not attract any buyers. May be the person I interacted may not know the potential offer price.
Guys there is a company Indiahomes which is the channel partner of Brigade…they deal with the soft launches of brigade. I called them and he has told the price will be from 5400-5600 psft…and this will be for a limited period
Interested
brigade’s new project is going to be close to HUL ofce and might do a EOI in the next 3-4 months.
Ya .. they purchased 9.5 acre land from HUL along with GIC( Government of Singapore Investement corporation) in 125 Cr. It will be a joint development with Singapore company.
Price details please
Pre launch – Are they going to commit on the price or its going to be the same story like taking five lakhs and wait for five years to launch 🙂
Interested 🙂
whats the latest on the project…price and other details???
Interesting!
Still Lakefront and Golden Triangle not launched yet.
I think Brigade will do the pre-launch of Begonia after launching BGT and Lakefront.
Otherwise, who is going to give them 5/10 L given their track of delaying projects?
Kapil
Anyone by now have any latest on the price and the launch date of Begonia? appreciate..
Any details about the exact location, floor plans, price and date of official launch?
Yes Detail Please
Price details please
Looks interesting. .. pls do share any info on this project
Thanks