All,
I got a mailer from a channel partner of Divyasree group which had details about an upcoming project in Whitefield area. I am not 100% clear on the location, but it is about 500 mtrs from the Whitefield police station, away from the Vydehi junction. This project is in pre-pr-launch phase, and the builder is quoting RS 4200 (all inclusive) at this stage.
The pre-launch will happen a couple of months down the line and the official launch will happen in the 3rd Quarter. The catch is however, the 5l :O comittment fee that they are demanding which is a bizzare amount. I am to buying apartments, and I was only looking at Tier A+ buiders, far far away from the city.
I wanted to know your opinion A) on the builder B) on paying such a high lock in amount. (Thanks a lot!) – Raama V.
Type
Apartments
Options
2BHK Economy [Type B1] – 726Sft
2BHK Regular [Type B2] – 951Sft
2BHK Regular + Bay windows [Type B3] – 977Sft
2BHK Regular + Bay windows + Balcony [Type B4] – 1041Sft
2BHK Economy + Studio [Type C1] – 1198Sft
2BHK Economy + Studio + Bay windows [Type C2] – 1293Sft
2BHK Economy + Studio + Bay windows + Balcony [Type C3]- 1368Sft
3BHK Regular [Type D1] – 1685Sft
Location
Behind DivyaSree Techno Park, EPIP, Whitefield
Price
Base price of Rs. 4200/- as of April 10, 2013. Additional Rs. 140/- per sft as Infrastructure charges (April 10, 2013).
Maintenance Advance, Corpus, Club House, Legal Charges, VAT + ST extra.
[suffusion-widgets id=3]
Builder
Divyasree
Possession
~
2LUX FLAT FOR SALE.
Size – 1047sft
Tower – B
Floor – 12
Unit – 1204
Facing – South-East
Possession – Dec 2016
Price – 66 Lacs (slightly negotiable)
Contact me on
Phone – +91 81236 693870
Email – bdinesh2005(at)gmail(dot)com
Typo in Phone number.
Pls contact me on +91 81236 69370
FYI – Price is 66lacs (Exclusive of VAT, ST & Reg).
Thanks !
I am looking for 3 BHK only.
My email id: ash.rastogi9@gmail.com
regards,
Ashish
I am interested in selling my 2+1 Unit N/E facing lower floor , pls contact me if interested LAVNISHL@gmail.com
I am looking to buy 3 BHK(1724 sft) in Tower F, G, H of ROW for my end use. Please call me @ 9008916633 for availability and price.
Thanks
I am planning to sale my 2BHK apt N1178 north east facing unit.
Please send me an email @greatromsy@gmail.com if you are interested.
Hi
I am interested in 3 BHK, I’ll pay 5% less than the builder price for the same apartment.
Pls reply with apartment number.
Aditi
Hello Aditi,
Please contact me at anubhav_1981@hotmail.com and we can discuss
Anubhav
I am selling my apartment N1578 (1047 Sqft-2 BHK Luxury). If you are interested to buy, call me at 9972575992 or mail me at rajeev.pali@gmail.com.
Thanks.
Price pls..to take it further for discussion..
My offer is 3450 rs/sqft + Registration..I would like to finish the registration this week itself if all documents are in place.
Sorry Helen, the price you are quoting is not even to current market price in this area.
wasnt the pre launch price 4200 psft..then how r expecting to get a deal at 3450?
@naveen
>>>>>wasnt the pre launch price 4200 psft..then how r expecting to get a deal at 3450?
In Stock Market, isn’t the price of a stock allowed to drop below the IPO listing price? Why can’t it be the same in Real Estate?
For investors, demand should dictate the prices. It’s a free market after all.
For builders, I agree, the equations are different. When you buy from builders, it’s a FLEECE market..!!!
i thought it was a distress sale…let me know if you are ok..Now days we are getting ready to move in for 4K..
@helen can u point me some ready to move in with builders comparable to divyasree and around whitefield location, with 4k price…don’t just shoot in dark…
@Manjushree….theortically yes…prices have not crashed yet, if u r expecting divyasree at @3500… I would be more than willing to buy if u get me one at that price in similar location/builder…
Sir..you can check in common-floor.com and do a search..I got 140 apartments in the search results with the same price range..i am not shooting in the dark..pls do not mistake me.
I really thought it was a distress sale.
What is your All Inclusive asking price ?
Hi Rajesh,
To discuss the price, call me at 9972575992.
Thanks,
Rajeev
I would like to transfer my 2BHK LUX (1047 sqft, tower N, unit 1578)
If interested, please contact me at rajeev.pali@gmail.com or call me at 9972575992.
Soon all the builders are going to hike the price as already in the rail budget the freight cost of cement, iron and other materials have gone up.
If you are planning to buy house in near future better do it now.
Thanks,
Rajeev
A real estate broker told me that prices are not going to move in the next 2 quarters. He told me to take my time to decide on location, builder etc. Builders can hike price ONLY if there is DEMAND. If there is demand, then even if cement, iron price go Down, they will Hike the price. If there is NO Demand, even if raw material prices go Up, the apartment price can only come Down.
Rajeev, if you have conviction in your theory that prices are going to go up, you can wait another six months and then sell your apartment.
Does the salary increase rajeev for all the employees ? The average hike is just 8 -10 %.
This is to take care of inflation..there is no point in marketing for the builder..builders are already making cool 30 % profit..they just need to reduce the price..that is all.
Where are you getting this info like everything has gone up. But then why metal stocks are down for years now.If you do an XIRR calculation in excel, you will realize how difficult it is expect to even a 10% return on flats over 10 years esp if you put 80L-1 Cr as initial price.This includes everything.Reg,wood works ,decorations ,bribes etc.Yes, if interest rate falls by another 3% or more then equation may change.But not at 9-10%
@rajeev
Not finding buyers, builders will soon reduce the rates.
So, this reduction in flat prices and increase in freight cost will balance each other. Therefore, prices will remain stagnant for a long long time.
No hurry.
Builders will not reduce price, they will only come out with different schemes, which is one way to commit a person into buying. If things do not change, they will delay and later stop construction activities until they find the required cash flow which will also include builder employees being fired to reduce cost. They will again recruit once they see demand.
san
@Manjushree : Rajeev not able to find buyer @ high price could be true but one more thing is also true that you are also not able to find atleast one good apartment at cheaper price in last 6 months.
Divyasree ROW is in middle of whitefield…deserves 5800 rate.
@Raj
>>>>>one more thing is also true that you are also not able to find atleast one good apartment at cheaper price in last 6 months.
But unlike Rajeev, I am not losing anything either. Let’s see:
Borrowing cost + Opportunity cost: Investors are losing at this rate.
Interest income : Non-buyers are gaining at this rate…!!!!
Good to see so many people are following real estate, it mean that either you are interested in buying or selling your house. For the sake of following you will not come to this place.
Inflation is going up and up since last many years and the real estate prices also. If some one says that builder is not able to sell or no buyer in the market, THINK then why the PRICES have the properties are GOING UP AND UP.
I have not come across good builder who in the past have reduced the prices, It can happen that number of sold unit may vary.
I am sure you all would have talked to the builder and checked the current price (which is higher than the price quoted last 5-6 months back).
If have not done, please do that.
Your logic is flawed and I don’t have the time to explain to you where you’re wrong.
Just read abundant articles available on functioning of real estate.
It is a buyer’s market at the moment. Wakey wakey !
@ rajeev – Have you heared of black money ? its not in Swiss bank account.its in RE. That is why builders are able to hold on to the price and keep increasing ?
@rajeev : prices for last 10-12 months have been stagnant at best. If you strictly go by the price list, yes the marked prices may have increased a bit but if you negotiate, the real price is same as it was a year back or so. Interestingly, the availability list is also more or less same. of course the builder doesnt share availability list publicly but i asked about the same few houses that i asked almost a year back and they were still available. what does all that tell you?
I don’t know how real estate prices could come down in the long run in a country like India where there is a scarcity of land when compared to population. Unless the country goes into war or recession or such extra ordinary situation prices can never go down. If it goes down without any such reason it would be temporary drop. To understand demand / supply you don’t need a doctorate in economics.
Go out people and buy some real property instead of trolling. I have seen marketing folks come down by 15 lakhs on 1cr property in like 5 mins of discussion. So don’t chase cat- A builders. They are tough to bargain. Instead go for Cat-B builders if location is good. I can bet you, u will get very good bargain if u talk with conviction. Take my words.. You will not be disappointed..
Btw, since I bought in Divyasree RoW, I would like to justify it is good property for the price they are quoting for location ( personal choice). Also bargain if u could get at good price with builder/ resale.
But pls stop giving false hopes to first time buyers to expect fall in price and wait for that.
This is best time to buy property for first-time buyers and definetly not investors market!
I am looking for 2 BHK in tower A, (block 2 or 3), or tower B (block 12) please let me know. rogsys@gmail.com
Hi
Thank you. I am looking forward to immediate purchase of 2 BHK (LUX) 1047 in ROW Phase 1 – TOWER A, BLOCK 02, only. You can reach me on 9916 554 554 or email me the details – rogsys@gmail.com
regards, Rohit
I am looking to sell my 3BHK PRE (1724 sq ft) in Divyasree RoW due to a personal emergency. Anyone interested to buy can reach me at 9900846780. Can offer some really valuable discount (as it was a special scheme) if the deal happens quickly.
What is your offer price..i like to quote 3850+ registration charges..
what is the price you are excepting?
Selling 2BHK LUX of 1047sft East Facing.
Only serious buyers can contact me on email.
Can you please share the E-mail ID.
bdinesh2005@gmail.com
can you Please provide more details, Floor, facing, price
My Mail ID balugedi@gmail.com
I am interested to buy 2 / 2 + 1 BHK in ROW. Please send me details to my e-mail mishra_1_pankaj@yahoo.co.in
Note :- I am want to buy flat on 11/21/2014. so please send me detail asap.
I would like to transfer my 2BHK LUX [1047 sqft, tower N, unit 74].
If interested, please contact me at anandi2k2@gmail.com.
What is the rate you are expecting?
I’m serious buyer, pls call me@9972590258
Reason for delaying agreement signing is so that they can avoid paying penalty for late possession, since meter starts from date of signing the sale agreement.
G , delayed penalty is payable post crossing of date on which possession is committed after considering grace period of 6 months . It is not linked to date of signing of agreement . Ex- if x tower is committed delivery on June 16, penalty for delay starts post expiry of 6 months ie Jan 17. Date of signing and penalty have no connection.
Has anyone gotten the payment schedule through possession including the actual breakdown of %. I bought in phase 2 and ROW said the possession is not until June 2017 but the schedule they have shared goes only as far as June 2016 until the last floor slab is done and between June 2016 and June 2017 there is no mention of breakdown, to me it looks like they will force me to pay 90% by June 2016 and remaining 10% from June 2016 to June 2017, which if true is unacceptable…any experiences from folks from Phase 2 and have they received exact payment schedule from now till possession including % breakdown
I confirmed w/ ROW about payment schedule and it is confirmed that phase 2 is targeting for completion in June 2017 but 90% of the payment is due by June 2016, that means if you bought a flat for 60L, you pay 54L by June 2016 and remaining 6L distributed over last 12 months. That is nice way of making the money, this is very unusual compared to other builders. Happy to hear other people’s experience. Now I also understand why ROW is offering prices that are inclusive of everything vs. splitting it (such as BWSSB etc) so they can charge more money sooner.
Gautam,
Have you ever seen any other builder payment plan ? Most of the builder take 90% of money on slab completion. Remaining to be paid on possession. Time difference in possession and slab completion is always > 1 years.
Builder like Prestige have time bound plan, every 3 month you pay some amount irrespective of construction.
Request you to do your research before making comment. In case if you didn’t like payment plan, no-one stops you to cancel the booking.
If you are from the builder I understand your comment but don’t appreciate your attitude. I have bought with Salarpuria too and they are not cheating like ROW is. It took me 3 emails to get an answer on %, if ROW wants 90% at roof completion they should spell it out at the time of booking. Lack of transparency is what I am questioning. Yes, I will cancel and many others would too.
Gautam: Its construction linked if they construct 20 floors by june 2016 then yes they will ask for 90% of the money. Remaining 1 year is needed for electricity/water/tiles finishing.
But in general there will be a delay of 1-1.5 yrs so payment plan would be a bit relaxed.
For ex. Nov – Dec phase 1 2nd floor slab was planned but it is done only for 1-2 towers and other towers are still at basement.
Guys,
Here is my opinion based on my very limited knowledge in this field:
Divyashree particularly ROW (their synonym Assetz Marq) both are pretend to be a Grade A builder. After seeing these many comment and they want to pay us 90% at once terrace floor slab is completed, clearly indicates they don’t have ethics and spoiling this industry.
These project are hyped by brokers and some online blogger and many of us are going ahead with it but then before you believe them I would suggest you to evaluate other established A grade builder and their payment plan, I am writing this after checking A grade builder payment plan and per it one need to pay 75% of base price (+ car par and ST and VAT) on terrace floor slab is completion. Remaing 25% are 5% each on 1. Completion of internal plastering 2. Completion of external plastering 3. Completion of paining 4. Completion of lift installation 5. Possession.
On the top of that BSWBB etc are around possession which again is roughly 10% of total flat cost.
So do better we do bit home work and then decide.
@above, I am trying to be present the fact so might be harsh in my language. Please take comments with positive notes.
Below is plan by unishire terraza, AFAIK ROW and unishire project are not comparable, but lets go by payment plan
http://www.indiahomes.com/india-properties/Bangalore-Real-Estate/Unishire/Unishire-Terraza/Behind-Manyata-Tech-Park/357117012002697110.html
If one have time, one can google out each and every builder payment plan and check what is good!!
CRM/email answer are all together different issues than payment plan.
ROW is built on Mivan technology, so where would be plastering ?
One must note that RealEstate is still unregulated industry, so often (~99.99%) builder wins and consumer/we loose. It is hard fact.
i cancelled the booking
Me too. ROW guys called me and tried to justify why they are ripping me off :-). The conversation was funny. I asked what is the current rate, they said same as before so I asked 0% appreciation since June 2014 when I booked then they said, no, on Oct. 1st they increased by Rs. 200 so I said 3% return in 6 months, which is less than what banks offer and why would someone buy, they it is what it is. I asked if I were a buyer you would quote a different price and then they said it depends by apt. etc. It is unfortunate Divyasree is cheating like this. Please stay away from these guys is my take away. I said you guys are ripping people off by not being transparent at the time of booking and they said I am ok to interpret it like that.
Good decision bro. Don’t let these builders rip you off. Don’t fall in trap with these monsters. You will live happily.
@Gautam
Now that’s the problem. We all tend to believe that RE investment is a one way game i.e Prices MUST always increase. This perception has to changes.
Understandably, Builders are caught on the wrong foot. Neither they can sell for cheaper (because of investor’s pressure) nor can they sell it at current high prices (no new takers). This deadlock is expected to continue for quite some time.
You computation of 3% returns in 6 months is not correct since you have NOT paid the full amount. Assuming you have paid only 33.33% of the amount, the Rs 200/- increase is on 1/3 of the total value and so your return is 9% in six months. Most investors in RE play the leverage game where the pay say 20% to 50% of the total amount but the appreciation is calculated on the whole amount. However, going ahead I dont think RE will witness such appreciation. Also, the builders are becoming more greedy where they try to get 80-90% of the amount in 1-2 years itself and then delay the project. I have seen Diyasree Elan on Sarjapura Road and it looks very cramped. Still, I am surprised that there are many buyers at exorbitant prices.
Even I am surprised that people are buying such cramped homes in Row with exorbitant prices.. The living/ dining/ bedrooms all r cramped pigeonholes in all the plans except the bigger 3 BHK. Also, the common area is so small and cramped here that u don’t get a feeling of living in a decent community also. I have never seen such small common area anywhere and living room the size of bedrooms and bedrooms still smaller….
I think I will buy there for temporary home as in case if it is late in the night till my work finishes, I can use them.for those days only… How can people buy and stay in such small dimension homes permanently.. I really don’t understand…
Hi All,
I like and truly appreciate Harshasagar platform than its competitors ( like HnS etc) since it’s truly people’s reviews which are unbiased and personal experience based.
Whereas in others its only almost always positive just adding to the hypes already going on. And few people truly express their views there unlike in harshasagar.
A big ode of Thanks to Mr. Harsha for creating such a unbiased platform for people and helping people to take truly informed decisions while buying/investing in their dream homes with their hard-earned money…..
I am one of them. So a big thanks again Mr. Harsha from me….Keep up the good work please…..
It’s actually the thumbs ups and smileys… I don’t know why it is getting updated as question marks… Error may be.. Please rectify ans then add. Thanks.
On what basis you mentioned that common area is small ? Compare to other A category builders Divyashree is giving much more common area.
2bhk size = 1047 sqft
Room size is 10 * 12 and 12 * 12
hall + dining = 224 sqft.
Checkout brigade cosmopolis: 1270
hall + dining = 216 sqft
one room is 11 * 12.5 , mbed= 12 * 15
only mbed room and kitchen are bigger but you pay for 1270 sqft
My suggestion is check properly.
Could please tell procedure to cancel or did you do a resale ? How to avoid/minimize the 3% penalty charges incase agreement is still not done.
Hi All,
I don’t know about ROW but faced similar attitudes and more than 90% payment plan in Assetz Marq and very high outrageous penalty Charges on cancellation of apt (22 lakh rupees for 3 BHK….). If I cancel my apt, The builder doesn’t give me anything at all ….. Then why so high cancellation charges..????? these builders are ripping people off.
I had no intention of cancelling, but still in case of any undue financial emergency if I might, then this highly outrageous charges are unacceptable by me at least (I don’t know how other people are ready for this). So cancelled my booking there and bought in North Bangalore from a top CAT A builder in Sobha City.
All investors/homebuyers just don’t jump without all these hidden charges……else you will get into their trap and not only lose your hard earned monkey but also your night’s sleep. Be careful of Assetz or any other builders and check out the final prices without reg and these stupid hidden charges before taking decision. If u search u may get and may be with slight difference you can go for CAT A builders like Sobha, prestige, brigade, purva etc. and have peace of mind that ur hard money is invested with premium builders who have already established themselves with many years experience and lots and lots of premium projects. There are many projects of CAT A builders in North Bangalore like Sobha, purva, mantri, Karle, Brigade which seems to be good for investments since now North Bangalore is considered as the next Center of bangalore and the next Big Thing ….
North Bangalore is accessible to white field MG road, Indira nagar, and Bangalore International Airport. I am not saying this only because I have invested here, but I was also surprised to see the number of BIG BIG projects in Hennur and Thanisandra roads and seeing the great potential it has in the coming years. Already Manyata Tech Park and Kirloskar are there. Many are coming up like Karle. town centre, Bharatiya City and Govt has sanctioned two more tech parks in North. Aerospace tech park near BIAL…..etc. due to all this, the yelahanka which we all used to consider as outskirts of bangalore has become one of the happening places and prices have started to soar there…hence I am confident that Thanisandra and Hennur are the next Big upcoming areas in whole of bangalore… All the best in your hunt for your homes ..????????
Hi Sandeep ,
Your inputs are very valuable . Do you have any idea how much time Divyasree took to deliver its first property Elan between Launch to Delivery ?
Would you grade Divyasree in Grade A builders ?
Thanks
So cancelled my booking there and bought in North Bangalore from a top CAT A builder in Sobha City….near the shamsaaaan…
Same with assetz Marq they r ripping people off by not being transparent while booking. Once you are in, they have trapped u with high cancellations and lock-in periods and all. Whatever they charge with their exorbitant prices (many times more than sobha, prestige, and all), but at least they should be transparent with their total costs and not hide and rip people..my 2 cents
I bought through indiahomes.com (as the real estate agent) and they are suppose to help me close the agreement w/ Divyasree and everytime I ask them what happened they tell me it will be done in a next few hours. Initially they were surprised that it wasn’t done when they are the ones responsible for getting it done.
Hi I bought a 2+1 in ROW and sale agreement is also completed.
I recently requested for them to send the Payment Schedule and as per that they would almost collect 90% of the money from me by sept 2015 itself where as the actual handover will only after Nov 2017. No builders does that and while booking they promised the other way.
@Gautam: Are these real estate agents any helpful? I found proptiger folks quoting higher pricing itself.. how much they normally charge or they get some commission from builder itself ?
ROW is my third property and first time I went through broker and got comfortable and did not do my due diligence with my lawyer and ended up in this bad situation. Lesson learnt don’t rely on brokers and have your lawyer deal with the builder directly, then the builders pay attention. My lawyer paid attention to every detail when I bought in salarpuria senorita and boy what a smooth sailing…Bangalore is on rampant growth so builders could care less who buys and who doesn’t at their terms but there is nothing that stops us from picking the right builder, we buyers have plenty of options too so why settle for ROW like builders looking to rip us off 🙁
This project has lot of amenities. Owners will have to close atleast 5-8 amenities to keep maintenance charge under 4 rs psft. if you try to maintain all amenities then maintenance will surely be 8 rs psft.
So this project is not for you. Its like buying Mercedes and looking for mileage.
The first question is – will they provide all the amenities which are not well documented in agreement ?
The second is they are asking to pay @of Mercedes BUT if they deliver Maruti like amenities then maintaining it would be a defiantly very expansive. If they do quality job these all can maintaines in less then 3 Rs per sqft.
Hi,
I am looking to buy 3BHK (1724 sqft) Premium as part of re-sale in DivyaSree ROW. I am looking for better price to buy.
I am genuine buyer and want to settle the deal on ASAP basis.
Please drop me with details at ishan0502@yahoo.in
Brokers please excuse.
Thanks,
Ishan
Anyone selling a 3BHK PREMIUM? Let me know the details asap
Is it not available from the builder?
Please avoid this project. Buyers who have given 5lacs as EOI money last year are still waiting for agreements. J block also has no approvals in place, yet the builders have taken booking amounts. The actual dimensions vary widely from one agreement to the next, the builder asking people to come to their site office to change it! How can they send out sale agreement document with such a serious error? Another thing to note, the project progress reports show considerable water logging in the basement parking area, all of the parking for this project is in the basement, how will the people manage? Most of the extra ameneties that were promised at booking are only on the fancy advertisements, promised on land which is to be BDA land. All this plus flyover on the property and a road for public use as bonus! Make sure to read agreement thoroughly well even though the builder asks to sign with booking amount. Bad project.
Hi G. How do you know there is considerable water logging? Where can one see the project report? We are planning on buying a 3 bhk in either towers K or L in phase 2 of the project.
Have a curious question, any expert advice will be useful. ROW has 1500 dwellings in 13.5 acres (350 in 11 acres in joy on the banks – same facility.. And 3500 in 100 acres in PLH slightly more facilities). Plus the location of ROW is in midst of offices..deserted during weekends et al..imagine someone visiting from long distance.. And during weekdays 20 to 30 minutes to travel 1 km. what is it I am missing.
PLH – 100 acre is full project, for apartments only approx 25 acres. undivided land share for apartments is very very low.
what will you prefer
You reaching home everyday in 10-15 minutes or both you and visitor reaching your home everyday in 1+ hour 🙂
ask for copy of the sale agreement..all large township projects are going to take years to completed..sometime decades..so get the completion date of the project in writing and review the penalty clause. there are close to million homes not sold..so beware of your investment
if you are planning to live then check for any ready to move in apartment..that should be good enough
I actually brought a flat in May and still waiting for agreement copy
Hello All,
I am interested in buying a 3BHK PRE from the builder.
Wanted to check few points from the current owners,
1> In the agreement of sale have they mentioned any details of OC and Khata type.
2> are they clearly specifying the details of the inclusions of the cost
3> have they mentioned the details of the internal and external fixures
Any help in getting a heads up in the agreement details is appreciated.
Regards
What ever 3 points you have asked, builder normally do not put them in the agreement. It will be only on brochures.
Looking for Divyasree ROW 3bhk PRE (tower F or G or J) or 2 LUX (tower ABDE) contact for quick closure with expected price – contact only if the price is less than 10% of what the builder is quoting now. Smini09@gmail.com
How do you know what the builder is quoting today for lower floor for 2BHK in ABDE blocks when the builder has no inventory for the past 3-4 months.
Builder has no inventory? Are you new to real-estate?
Check the below
http://republicofwhitefield.com/pdfs/Availability.pdf
I have booked two flats in ROW and have paid the initial payments as well. Its been a month and a half and I am still waiting to get my signed agreement. The CRM team keeps giving me false promises. They even went to the extent of saying that it is signed and would be couriered to me. When I asked for courier details, there was no answer. They do not even respond despite regular follow ups. I am getting suspicious about the way these guys are doing business. Can anyone please advise on this. What is the reason that Divyasree is not giving me the signed contract?
Better avoid RE investment for few years..all builders will come to u till they get your money..once they got it..then they will not respond..they are not professionals..
Better to cancel the apartment and file a complaint against the builder
Interested to buy 2 BHK + 1 P – 1397 sqft, please let me know if anyone is planning to sell
i am planning to sell villa facing 2+1 @ 11th floor. price – 90L+govt charges (non negotiable).
if interested, reply with your contact details.
Hi can u pls send the details ravi…. agl.geeta@gmail.com
avoid RE investment for few years..all builders will come to u till they get your money..once they got it..then they will not respond..they are not professionals..
Better to cancel the apartment and file a complaint against the builder
Please contact me on anurag902675@gmail.com
Please contact me on dreamhome@email.com for an offer
HI Harsha,
Divyasree now changed the floor-to-floor height to 2780 mm (at the time of booking it was 2975mm). According to you, what would be the floor-to-floor and floor-to-ceil height that should be followed. Based on some article in The Hindu, the standard floor-to-floor height should be 2.9m. Could you please advice?
Thanks a lot
Pavan
I remember the same story. I was told by marketing it would be near to 10 feet! but when we measured it in under construction flats it was only just above 9 feet!
Yesterday, I had to go to Tesco offfice (nearby ROW) from ITPL. Last 0.5 km took half an hour for me. A simple google maps history search would show full red color (non-moving traffic) from 5PM till 9PM (and in morning too).
Thats the reason why I removed ROW from our short list.
@Rekha, Agree with traffic thing.
But I am bit unsure about what you mentioned about visiting the construction site to measure hight of ceiling . As far I know, DivyaSree 1is not allowing anybody to go to construction site. All that one can do is see construction from entrance platform.. Let me know how did you manage to do that. I am also keen to confirm what is claimed on height.
For the people who have office or business in Whitefield, they can not avoid the traffic in that area. No matter where you stay, you will have to come to your office on working day and pass through that traffic. to minimise the traffic time, only option is stay closer, at least you can walk for 500 meters if it doesn’t hurt your reputation or health. Other option is to change your office to other location 🙁 .. It’s a matter of personal choice and preference. If the persona doesn’t like the location itself (which should be first criteria of deciding along with budget), people should not waste their time and energy in looking at projects in such location and going into detail like floor height, ofcourse unless you are an real estate analyst.
I Agree that floor to floor height is very low for ROW, there is no doubt about it and it’s already in builder’s specification.
Hi,
2BHK 1047 Sqft which is in tower D 3rd floor is available for sale, if anyone interested call me @ 9611539322.
Thanks
I am interested in buying a 2BHK (1047 sft) between 6th-10th fllor in any of the towers A.B,D or E. There’s none available from builder as advertised by them. Anyone willing to resell on any of these floors? Please drop an email to talk2samik at gmail dot com with the details of the tower, floor, flat number and expected price.
Thanks
If any one is interested in a 2 BHK Lux – contact me.
victorvel38@gmail.com
I would like to transfer my 2BHK LUX, genuine buyers ONLY please contact me @ganaastro@outlook.com
hi, i visited the site today to book a flat. if your block is available for sale, contact me asap 9844716805
I have a 3BHK in G block 1724sqft 1st floor flat for good price better then the builder
Please mail me or give me ur contact no.
Please give your contact details, I’m interested.
You can reach me on 9844631929
Urgent selling 2BHK of 1047sft East Facing.
Only serious buyers can contact me at +91-8123669370.
Hi Harsha, Looks like builder is not interested in committing on Occupancy Certificate (OC) on sale agreement as part of possession. Without OC i think it is very difficult to resale flat later after possession as banks need OC from prospective buyers of the flat to release loan amount. Do you think it is a red flag to stay invested in this project.? If yes, should we stay away from investing this project. Please provide your reply at the earliest.
Here is some good advice: http://bangalore.citizenmatters.in/articles/be-careful-while-buying-an-under-construction-property.
You should approach collectively if you seriously want to get the clause included. If there is no violation from the sanctioned plan then getting an OC should not be a issue. Please check the sanctioned plan.
By the way here is a testimonial from a Divyasree customer “Sridhar” specifically talking about the OC http://www.divyasree.com/Testimonial.html
I am interested in selling my 2 BHK Lux 1047 north west facing in tower M. Interested parties can contact me at rowowner1@gmail.com.
I had gone to ROW to check the final draft of agreement that i would be signing. I was surprised looking at below things
1. The final agreement was exactly same as draft agreement. No changes or critical amendments were made.
2. They have included the size of only “Additional” amenities which are tentative anyway. But they have not included the size of common amenities. When i asked about it, i was given a blunt NO. “We will not mention the size of common amenities” were her words.
3. Then i took 25-30 minutes to go through the sale agreement, i checked that the references in section 8.2, 15.2.1 to annexure-1 were wrong. They have added a new row in the annexure-1 but haven’t updated the agreement. So “holding charges” refer to “assessment charges”.
4. The only place in the agreement where they had mentioned “bay windows” was the floor plan in annexure-3. But to my surprise, they have taken off the only reference to bay windows in the final agreement, Upon asking, she mentioned it is part of the specifications. I checked the specifications and it was missing there also. Upon asking i was told “this is how it’ll be. We will not mention the bay windows. You sign if you want.”
5. Then i asked her to explain the “VAT and ST”. The formula she gave is
VAT = CA value * 70% * 14.5
ST = CA value * 40% * 12.36
I am not sure if this is how the ST and VAT are calculated. But when i asked if i’ll be provided with the tax statement from DS about the taxes paid by them to IT, she started beating around the bush about how this tax is not related to one unit but entire project. I thought it was complete BS anyway.
6. I asked about the changes (Khata A point specific) that were being discussed on sat and being agreed by DS, she told “DS agreed them verbally but will not commit on paper”
Then i told them “I am not signing the agreement with these many unknowns”. She sounded intimidating and said, “this is how the agreement would be and no changes would be made. Whether you sign now or 10 days later”. For me atleast #3, #4 and #5 were a must. She went on to suggest many workarounds like “pay now and sign later” etc etc. I was hell adamant on not signing and said it would take some more time for me to decide if i can sign with these many unknowns. Finally she agreed.
However i feel that at the end of the day,DS will have a say in most of the things. They will simply say “sign or exit”. At that point of time it would be a individuals decision to whether take the risk or exit. I was totally disappointed by the way thing went in there and was happy that i exited the room without signing, buying some more time. As per DS, close to 50 people have already signed the agreement. I also saw a couple of clients who simply walked in, signed the agreement and were out in no time. Strange!!
Even me too not getting proper response toward my questions posed with regards to agreement. Thanks for the details. I will also check.
When I asked to cancel the booking then I was asked to pay the cancellation amount 30% and exist.
Got mail from crm@row stating that “Kindly note, since the payment is being made towards 2 beneficiary account the TDS is also payable twice.”
Just worried if this is going to create big hole in pocket which was not communicated earlier.
somehow worried by reading discussion on agreement clause and this double TDS..how many more surprises are still left..
Can someone share thoughts on double TDS. never expected unprofessional execution from DS, considering agreement and this TDS stuff.
I am not a buyer/seller in ROW. If my understanding of TDS is correct, it should not affect your final purchase price. for e.g., suppose your total sale consideration is 60 lacs, Then as a buyer, you need to deduct 1% TDS on this amount, deposit it with the government and provide the TDS certificate to the builder. So, you deduct 60K from 60 lacs and provide the TDS certificate to the builder and pay the remaining 59.4 lacs to the builder. Your effective cost still remains 60 lacs. The TDS has to be deducted from the agreed sale price and should not be paid as an extra amount.
The total amount of TDS to be deducted is 1% of total value of Apartment and remains the same even if it is bifurcated in 2 parts. For example if cost of apt is 60.0 Lacs, 1 % TDS will be 60,000/- and after deduction, you deposit 60,000/- to Income Tax and pay balance Rs. 59.40 Lacs to builder. That is how it works. From every installment 1% need to be deducted and deposited to Income Tax. In fact it will be on builders account. Nothing to worry on this part.
As a ca my understanding of TDS section is that as a buyer there is no additional outflow due to TDS. If the instalment amount payable to builder is 101, you pay the builder 100 and the government 1. In other words, if 5 lacs, then you pay builder 500,000/101*100. Trust this clarifies.
Unfortunately all builders make one sided agreement in their favor. Since the market is good they call the shots. We can only hope we can find another scapegoat when we sell in the market.
Hi,
I am interested in exiting my 3PRE(3BHK) in tower G. Interested parties can contact me at 9741200337 or shlal@yahoo.com.
Thanks,
Sharad.
Planing to sell my 2LUX of 1047sft in Tower B, 12th Floor, East Facing.
Interested buyers can contact me at +91-9686663389 or bdinesh2005(at)gmail(dot)com
hi
i m interested.send me d details.
Rashmi, you can see all the details on the portals. Let me know if you need anymore details. You can call me or text me to +91-96866-63389 for the expected price.
Hi,
I am looking to sell my unit 1047 sqft 2 BHK Lux. You can mail me @ rrohilla@rediffmail.com if you are interested.
Regards
Ramesh Chander
Hello,
Does any one has more information about additional amenities in ROW which builder mentioned them as ‘tantative’ now in sales agreement and may be charged in future if implemented?
Hello,
Any one has any information about additional amenities in ROW which builder has mentioned them as tentative in agreement and use of such amenities may be charged in the future.
There is a potential risk of main amenities area being cut off from main building area due to proposed CDP road. I am not sure why they said CDP road is still “proposed” when agreements are signed and building construction reach 1st floor
Hi Rekha,
The CDP Road is still proposed since the government has not decided whether or not it will be constructed, hence the term “proposed” will continue until such time as the government decides it is ready to go ahead.
Construction of our residential towers and agreement signings has nothing to do with whether the CDP Road comes in future or not.
If you have any questions regarding the project I invite you to contact our CRM Team at crm@row.co.in or come visit us, they would be happy to clear whatever doubts you have.
Charles Hayward
Sales Head
ROW
Hi Charles,
You say that “Construction of our residential towers and agreement signings has nothing to do with whether the CDP Road comes in future or not.”.
If a road is proposed in the City Master Plan, how can you sign an agreement with prospective customers to sell the area off as part of the project?
If the govt does decide to build the proposed road at a later date, then what will be the recourse for the customers who would have already paid 100% pf the amount?
Hi Ramon,
The proposed CDP Road reflects in our approved sanction plans from both BDA and BBMP. The CDP Road does not reflect or count towards the saleable area nor it is part of Undivided Share or UDS.
Hope this answers your concerns.
Hi Charles,
Are you still there at ROW?
Regards,
Amit
Hi Amit,
I have moved out of ROW. Please send whatever queries you have to the CRM team.
Hi.
I am looking to sell my 2BHK Lux Apt (1047 sqft). If interested pls reply with your email-id.
Hi. I’m interested. pls mail the price and facing etc. to abhishek920@gmail.com
baskar.rajendran@gmail.com send me the block and flat # details with cost
@above, AFAIK you both owns apartment in ROW, Are you looking to buyer another one or you are looking to find out resale price of your flat or you mistakenly sending reply to this post
LOL
Annony, you are partially right! thats my email id only. Although, I just made the reply post to see if the reply notifications come on mail or shall I keep checking this space for replies… lol
Too much thinking though 🙂
@ Abhi Lol you are caught man and your answer is not really convincing 🙂
Mr annoy .. i am looking for another resale flat to buy for my brother @ row ..
why are you annoyed.. ??i bet you will not buy any house for years until you really understand the market .
Why are you guys flooding my post with unwanted mails. Please take it offline.
Interested in purchase.. Pls contact me at 9739897168
Hi, I am interested can you share the facing, tower, floor & pricing ? Padmaja..
Ms. Padmaja, Pls drop your email-id. I’ll inbox the details.
-Agrawal
Hi Padmaja,
Here are some details:
2 BHK Standard Apartment of 735 Sq.ft
Apartment # C0416 (Tower C, 4th Floor, House Number 16)
Facing : North West, Facing Club House.
Can you provide your Email id, so that i can send the pricing.
Thanks,
Raja
pls. provide the detail on my id –
ranjanrakesh1@gmail.com
Hi Raja,
Can you pls send me the cost details also on amit_singh@hotmail.com
Plz send me pricing details. mob: 8880960111
Hi Prabakhar,
Can you please provide your Email id.
Thanks,
Raja
If available share the details with giri.aduvalli@gmail.com
Hi Raja,
I am interested and would like to close the deal by this week, please let me know the pricing.
Thanks,
-Idris
Hi!
I might be interested depending on the cost and the apartment location. You can reach me at amit_singh@hotmail.com or call me at 9916484134
With the MRP based pricing and visible booking status project looks very fair and promising. Going through the draft Construction Agreement raises reasonable doubt about the initial promise. Approaching the builder to discuss and rectify them, the response creates more suspicion.
Main concerns:
1. Not enough specifics about construction material and fittings [e.g. make and quality]. Words like similar quality, high efficiency used insted.
2. There is a chain – Builder will hand over work to Contractor. Contractor will finish work and Builder will issue demand note. Once demand note is received Customer has to release fund. No clarity on responsibility of Builder over ensuring work completion by Contractor.
Generally in these cases Builder holds portion of funds of Contractor and releases after completion of maintenance period. No clarity over agreement between Builder and Constructor in Construction Agreement.
Hi,
I am planning to resale my 2BHK Standard Apartment in Republic of Whitefield, if anyone is interested please contact me at +91 9986224447 Email: ganpa.s@gmail.com
Thanks,
Raja
Hi Raja,
I am looking for 2 bhk.
Please send me the details on snjv24.sinha@gmail.com.
Thanks
Sanjeev
Divyasree has 2 great schemes for our existing owners.
1. You can upgrade from any 2BHK or 2A+1A to a 3PRE by only paying the difference in carpet area. Pay 10% of the difference on Agreement signing and the balance on possession, you even continue to pay based on your existing apartment payment schedule !
2. For all 3PRE owners a new scheme allows you to move to a higher floor at greatly reduced floor rise price. You pay nothing upfront as extra floor rise charge is spread across existing construction milestones.
Anyone who purchased a resale apartment is also eligible provided the original purchase is before 15 June 2014
Come to the Republic of Whitefield Discovery Centre to know more.
Hurry, offer ends 13 Jul 2014…………………
scheme@row.co.in
looks like difficulty in selling flats at exaggerated/inflated price at/after launch .
so started offering schemes that too in open forums 🙂
Mr Annoy.
This is the scheme for existing buyers (who booked at lesser prices) to upgrade making can be affordable for them to move up and also making a room for new buyers to book at lower floors which could benefit them @ cost .
fyi. we booked at sixth floor earlier and with the scheme moved to 16th floor with lesser price of 3.6 lakh extra.. the original extra price was 10 lakhs approx.
Thanks for the testimonial Baskar. I really hope you are happy with your new apartment and the great view you’ll get from the higher floors!
Charles Hayward
@ bhaskar – thats what I said if you ask a preimium price and on top of that 10L for higher floors as floor rise to buyers it will be very difficult to find a buyer so better sell higher floors reduction in price.
why would they populate this scheme on public forum when they can do it internally to their customers -;)
My question is.. As these apartments are high rise buildings, will the water actually come up all the time? Coz, I am from Hyderabad and in some buildings there, you need to get some help to get it your apartment. Hope you understand what I mean.
Thanks for the comment Annoy.
Today, we all have the opportunity to share our thoughts and reach large numbers people, more than ever before, be it Facebook, LinkedIn, Twitter and numerous other social media sites.
Open forums provide a great way to connect with the public and your own consumers.
Would love to chat regarding your perception of sales/price inflation/exaggerations, etc. In fact, I invite you to come to the Republic Discovery Centre and meet me any time you are free Mon – Sat 10am – 7pm even Sunday if required.
Republican…..and Proud !
Charles Hayward
VP Sales
Republic of Whitefield
M: 9980933341
E: charles@row.co.in
Fair reply Charles.
Annoy – hoping this is not your real name.
Social media creates open platform for communication…and of course, for some good business reasons, they are trying to offer a scheme. Or you want them to spend more in marketing and add costs for themselves/customers? Dont know whats bothering you about it.
Pick it or leave it……why annoy-ed?
Thank You Charles for sharing the scheme. With over 70% booked such options are helpful for anyone who wants to adjust location leveraging all the spatial and location insights of the property gained over the last several months.
Your welcome Balaji !
Please share the scheme with your fellow owners as we will close it after 13th July.
Charles
:-):-):-):-):-)
@Balaji, 70% booked? Haha people are matured in this forum and don’t joke that much.
Dear Not_an_investor,
ROW publishes online availability live on their website. I hope you can do some maths. Because rest of the matured people on this forum can.
http://republicofwhitefield.com/pdfs/Availability.pdf
How fool you are that you are believing builder on the availability of flats. Looks like you are either (a) a first time buyer, (b) a fool or (c) sales person trying to make others fool.
@ Bhola, what is your problem with someone else’s discussion and why you poking nose into it. Looks like you are either (a) Never bought a house (b) ROW Lover or (c) Really Bhola
@Sudhans: Its a public forum boss, anybody can answer. Anyway he directly replied which I wanted to convey.
Hi,
I am interested in buying 3BHK (1724 sqft) as part of resale with better price.
I am genuine buyer and who can close the deal on ASAP basis if things are fine.
Looking for genuine seller.
Brokers please excuse.
Thanks,
Ishan
Hi,
I am looking for 3BHK (1724 sqft) re-sale in DivyaSree ROW with better price.
I am genuine buyer and want to settle the deal on ASAP basis.
Please drop me with details at ishan0502@yahoo.in
Brokers please excuse.
Thanks,
Ishan
Require a resale 2bhk for purchase. Pls contact me at arjunrajaram@yahoo.com
Thx
The Property Show (NDTV Profit) – 8:30 AM (2nd July – Today)
Top 3 luxury/premium properties recommended by property experts in Whitefield – Bangalore
1. Republic of Whitefield
2. Brigade Lakefront
3. VDB Azure
They also answered questions on Prestige Lakeside Habitat and views on other surrounding areas to Whitefield. But after considering all factors, Bangalore market, Whitefield prop. appreciation rates, property locality/ surroundings and builder etc, the above were their recommendations for the Whitefield premium/luxury segment properties.
Hi,
I am planning to buy a 3 BHK Premium – 1724 sq feet.
If anyone has a resale option, please let me know at rumpa.blr@gmail.com and we can discuss to proceed.
Regards,
Rumpa
Looking to buy a 2bhk , 2+1 or a 3bhk , if anyone willing to sell send me a mail @ mail_to_shailendra@yahoo.in
Have few 2+1 for sale ..72 – 73 lakhs + taxes..need to pay advance around 20 lakhs for agreement ..that’s y reduced price ..interested..please reply..
Are you a broker or a buyer ? “Few” is suspicious here 🙂
If deal is good, Any way send me email over ekchom1982 at gmail
can you pls provide your contact details ? Need info on which block and facing etc. Mail me at raj.ismd@gmail.com
Hi Manish,
Can you let me know your contact no to discuss on this.
Hi Manish,
I am interested inn 2 +1 resale flat. Can you mail details to mailsubuk@gmail.com
i can pay arnd 65L+ tax
My email id is ekchom1982@gmail.com. I thought my email was not proper earlier.
Please send details to aravindakshan.modathy@gmail.com.
Send me the details @ mail_to_shailendra@yahoo.in
Hi Manish,
Am interested in buying 2 +1A flat . Can you please mail me the details to anitha.subu@gmail.com
Hi,
Manish,
I am interested in 2A+1A in between 3rd to 6th floor. Could you please let me know if any unit is available and also what will be the total cost?
Could you please share me your Mob no . So, I can discuss with you.
Thanks and Regards,
Bimlesh
Hi Manish,
I didn’t get any response from you.Please send me the detail on bimlesh12aug@yahoo.com
Thanks and Regards,
Bimlesh
You may cal 9686200114. We have 2+1
could you please send me the details to nish2482@gmail.com I an interested to buy
pls contact – anas.perwez(at)gmail(dot)com
Please send me an email at rachit1arora@gmail.com
Hi,
Please contact me at sabiya.ansari@gmail.com, if u still have any units left. Thanks
Send me details @ bipinkm4u@yahoo.co.in
Mannish . Can you pls contact me, I’m interested in a resale purchase thx 9739897168
hi.. i am intrested. pls call 9844716805 asap
i am interested.
Please mail me at prasenjit.manna@gmail.com
Looking for a 2bhk lux or 2+1 bhk..resale please contact me at 9945405322
Please share your email id or drop me an email @ raja00kumar11@gmail.com
I have one 2 BHK lux Flat…
Please mention your price which you are expecting…..
I am looking for a 3BHK in ROW. Pls. let me know if anybody is interested in selling.
Please contact anbuvijaykumar@gmail.com. …Mobile 9945276186
Genuine Buyer contact at 9741510269 for 3bhk pre.
contact me at divyagup01@gmail.com
Hi – want to sell my 2BHK Lux.
Facing garden & open area – you wont be paying for high floor rise
Price expected – Current Marker Rate
Would you please provide me your contact no?
Please mail your expectation to saurabhgupta10@gmail.com
Could you please send me the details to nish2482@gmail.com
Can you please send me the details on man_7_oct at yahoo dot com. Thanks
Hi,
I am planning to buy a 3 BHK Premium – 1724 sq feet.
If anyone has a resale option, please let me know @ balajikannan75@hotmail.com and we can connect.
Best,
Balaji.
Hi – want to sell my 2BHK Lux. Builder should be quoting 60-62L ( will need to check) for the same. Willing to look at a 5L discount to the builder.
Would you please provide me your contact no?
Can you send the price details saurabhgupta10 @ gmail
Let me know your contact details.
Please send your price expectations to aravindakshan.modathy at gmail
Hi KD,
Am interested in 2 bhk. Can you send the price details to my id anitha.subu@gmail.com
Hi i am intrested could you send me the detials to nish2482@gmail.com
please mail me at nish2482@gmail.com
Please let me know your email or contacts..u can mail me at naveen_kak@yahoo.com
Looking to offload 2BHK unit, mail me at pujamaheshwari1983 at gmail.com
I am looking to buy any resale unit for 2-bhk lux. Please let me know your contact if flat is still available.
Reach me at amitksingh1@gmail.com
pls provide me phone number
Hi lokesh,
Are you selling your unit ? can you provide more details to below email ?
-Padmaja
(gspasp@yahoo.com)
Padmaja, i am not a seller. I am also looking to buy a flat in ROW.
regards,
Lokesh Kumar
Hi KD,
I am interested , can you send Tower, floor , facing & price details to below mail id
Padmaja
(gspasp@yahoo.com)
Hi, is it still available ?
I’m interested. Mail me the details on dheerajkhemka83@gmail.com
Send me details (floor, facing and expected price) on deepakkhemka83@gmail.com
My id is Rashmipd_barnwal@yahoo.co.in. Kindly provide the details of 2 bhk lux flat.
i am interested in the 2bhk at Divys sree row, Please let me know the further details of flat.
Hi,
I am planning to buy a 3 BHK Premium – 1724 sq feet.
If anyone has a resale option, please let me know – ash.rastogi9@gmail.com and we can connect.
Thanks,
Ashish