Shriram Properties has announced the pre-launch of their new residential apartment project called Shriram Greenfields located off Budigere Road, close to Prestige Tranquility. The project spread across 19.5 acres will offer about 1700 apartments in 2, 2.5 and 3 BHK configurations across 9 towers of G+19 floors
Shriram Greenfield Options
- 2 BHK – 928 sqft & 1058 sqft
- 2.5 BHK – 1146 sqft & 1212 sqft
- 3 BHK – 1330 sqft
Shriram Greenfield Location
Off. Budigere Road, in the neighborhood of Prestige Tranquility, Pruksa Silvana and GR Sun Villas
Shriram Greenfield Price
As of July 3rd week 2014, 3350/- per sft
- 2 BHK – 35 Lakh
- 2.5 BHK – 43 Lakh
- 3 BHK – 50 Lakh
Shriram Greenfield Concerns
- The major concern of projects launched around Budigere Road is the presence of the Mandur garbage dump yard, a new deadline of November 2014 to stop dumping may or may not hold. Please refer to the Prestige Tranquility project page for detailed discussions about this location
- Remote location and lack of facilities (shopping, medical etc) in Budigere Road, last 3 years hasn’ t changed much either
- Water is already an issue in this locality and public supply of water is a remote possiblity
Shriram Greenfield Investment Plus Points
- Prestige Tranquility under construction and expected to be ready by end of 2015 is expected to have a positive impact in the neighborhood
- Pre-launch price looks ok, look for fine print
- With over 120 families at Pruksa Silvana and about 10-15 families at GR Sun Villas, though remote the place is livable
- KIADB has acquired and developed several hundred acres for IT and Aero SEZ about 2 km from Budigere town
Take the poll – Is Shriram Greenfield a good investment?
Did any one bought phase 2 of sriram properties?
They told 2020 December for possession but I don’t think it’s possible. Any what’s up group is there for phase 2 , plz let me know.
I see the comments are from last year…I am planning to book a flat at shriram greenfield …shall I go for it??
Yes you can buy a flat in greenfield. All amenities are operational. Grocery store, swimming pool, gym, cricket pitch, tennis court etc all are working and are truly world class. Visit the site and can see the way landscaping and amenities have been developed and delivered on time. OC has been received from gram panchayat. You can check all land records as well. There is only one case as of now on land. Nothing to worry on that front. You won’t feel this big township is out of city. All the basic necessities and beyond are all within campus. A good investment and equally good future residence for you out of city crowd.
Please don’t deceive people. I’m a resident and I am living there. There are absolutely no amenities. Forget about amenities their main entrance gate way is yet to be built.
Real Resident responding here from Phase1:
-1 Forget Amenities; Question is on the quality of flat itself.
-1.1.1: Seepages in every single flat – for sure – Master bedrooms.
-1.2.1: Bathrooms do not have tiles properly aligned – so water does not flow on it’s own to the sink and keep stuck on the floor.
-1.2.2: The walls between two flats (mostly master bedrooms are unpainted and unplastered – causing rain water to seep into inside walls causing water flooding in rooms.
-2.1.1: No car parking allocated even after registration. Park anywhere you want.
-2.1.2: Parking is full of seepages and in rains, parking becomes a flood…with water coming as a stream of high speed water from broken walls. Why? Because the pipes used are of very small diameter to the size of apartment of 19 floors (with 10 flats per floor) should be allowed. So, pipes keep bursting and water seems – with or without rains. And, this situation is when building is not even delivered to any residents association.
-2.2: Amenities that are still not delivered as per agreement of sale or sale deed are:
-2.2.1: Clubhouse: Not delivered. As per sale deed, Clubhouse is expected to have: LIBRARY, PROVISION FOR CRECHE, WIFI CONNECTIVITY, PROVISION FOR CONVENIENCE STORE, TABLE TENNIS, CARROM, INDOOR BADMINTON COURT/COMMUNITY HALL, STEAM & SAUNA, MEDITATION ROOM, BILLIARDS, MINI THEATRE.
-2.2.2: CHILDREN Play Area: 1 delivered and 1 broken(unusable -full of big grasses); Sales guy had promised that each tower will have a separate play area.
-2.2.3: STP: the flush water in bathrooms keep coming back as brown water…as STP is not able to take up the load of just phase1 residents. Phase2 is yet to get operational so what will happen in such a situation – god knows. STP will fail if not expanded with bigger capacity.
-2.2.4: basketball post: Not found any where.
-2.2.5: Skating Rink: Not found any where.
-2.2.6: Jogging path: nothing like path; people run on the roads…
-2.2.7: Tennis Court: Not found any where.
-2.2.8: Open Ampitheatre: Not found any where.
-2.2.9: Water Cascade: Not found any where.
-2.2.10: Volley ball Court sandpit: Not found any where.
-2.2.11: Senior Citizen Park: Not even bench is there for any senior citizen to sit anywhere. Forget park.
-2.2.4: CCTV Surveillance: Is operational only in ground floors. It should be on every floor common area.
-2.2.5: Water: A MANDATORY input of living in any building is already not there as all borewells have failed with no water. Interestingly, the borewell with just 6 hr of drilling in the farms beside tower E = found water. So, there is no will to find water. Total dependence on tanker water.
-2.2.6: Rain Water Harvesting: No such thing is delivered.
-2.2.7: Water Softening Plant: Water thickness (TDS) is 400+ here. So, such plant is needed. No such thing delivered.
-2.2.8: Swimming Pool: No area I see are allocated for swimming pool. But, Sale agreement has this mentioned.
Please do not invest here. None of the ammenities are completed. All lies are said by the authorities. Please come and confirm by your own.
I am planning to book one. Can you tell me like should i go ahead with my decision or not??
Please avoid it…. It’s under litigation..see the main entrance they put the notice…
Please let me know what was mentioned in this litigation notice.
Avoid it if you want peace of mind. Don’t waste your money.
If you do little research you will find tons of reason behind these.
I was about to go for it in the past but skipped it.
Must buy property
I brought one flat in 2014 Pre launch price of 3200 psqft
brought second one last month for 3750 now
I provided my feedback after I visited 4-5 times to Shriram Greenfield. Even I booked 1 unit there in 2017 March. That time they committed a possession of 2018 March. But somehow I found it’s getting delayed and delayed. Finally I cancelled the booking.
There is a private land between 2 lane of towers. They didn’t tell me that. Again a 4.5 acres of recreational area was for 19.5 acre project. But now it’s for 40 acres township. They have another 30-40 acres of land to be developed there. Not sure if it will be for entire 80 acres project in future. The progress of the project shows that one has to live within a construction site throughout his life.
To develop 19.5 acres it’s now more than 5 years and still it’s going on. For entire 70-80 acres, anyone can guess.
If you are an investor then ok..ok (but then investor will too find it difficult to sell their units as builder itself has got huge inventory to sell..so can’t expect a good return at all)…. but if you are a potential would be resident, I wish you good luck!
Started in 2015, no end date.
Rera date of Mar 2019 is violated now they have applied for extension.
Suffering for old buyers, no compensation.
No OC, amenities, khata transfer issue.
God saved me. Booked one in Greenfield project and finally cancelled the booking.
Now coming to the facts:
Visited the project July 2017. Liked the project. Sales team told delivery on March 2018. Plan your house warming by April 2018. Booked one unit in B block. Later one of my friend told me who got stuck in their Summit project in E-City Phase -1 regarding their delay and pain and how buyers were fighting with builder for the long delay.
Decided to cancel immediately and did that. Now I am feeling lucky of not having been trapped by this project. I took a ready to move in flat in Horamavu location recently.
Now my findings/suggestions:
Dear folks, It’s highly recommended that if you are an end user then always opt for a ready to move in flat. You will always get what you see. No waiting period, saves on rent immediately. Many end users feel that they are getting for an affordable rate if they opt for under construction/pre-launch flats. But after booking/agreement the real pain starts. Delay..delay and delay. You keep on paying EMI and rent for years together. In your 30’s you book the flat which gets delivered in your 40’s (or may be 4/5/6 years of delay). By that time you would have paid lot on home loan interest and rent both.
Now if you see the appreciation: Large projects like Greenfield, builder always take an advantage by modifying cost from time to time based on their cash need. So forget any return when builder starts selling their inventory at a lower price later.
So if you have cash ready (booking and agreement amount) for a ready to move then only opt for a flat right now. Else stay in rent (which you will be in anyway if you buy an under construction one) and save cash for your future ready to move house (may be after 2/3 years). You don’t have to pay unnecessary EMI in this case.
Now the question is how can one get a suitable unit in a ready to move project when most of the units are sold out. Believe me this is hardly the case. This is sales/marketing trick to create false scarcity among buyers. I am sure if you search internet you can get thousands of ready to move properties. Statistics says there are more than 1 lakh ready to move flats in Bengaluru (search in GOOGLE). Of course in other cities as well. I have seen projects which were telling me almost all units are sold out/very few are remaining back to 3 years are still selling their units now (advertisements are coming on TOI). So rest assured about that. Pay a little extra later to buy a ready to move unit than to buy an under construction unit now and keep on paying rent + EMI for years together waiting for your flat to get ready. Also that extra I am talking about for a ready to move flat must and must be less than this combined rent+EMI during your waiting period.
This opinion is my personal one which I experienced by seeing my friends/office folks/my relatives who are staying here and have bought flats in Bengaluru. Also I took 2 flats in Bengaluru as ready to move for our family needs. Believe me I got the units based on my choice/vastu/budget etc.
This I wrote keeping end users as target audiences and not for the ones who are filthy rich and loaded with money and keep on investing on several properties time to time.
Hope you find this input useful. Happy property hunting!
This builder has got this project a showpiece of how many lies can be used to lure the customers.
Sample this: When they launched the 19+ acre project with phase-1 and phase-2 they promised a 4.5 acres clubhouse for them “exclusively”.
Now after 4 years they have advertisements “part of 40 acres mega township with 4.5 acres of recreational area.” What can be said about this? Contact sales team for clarification?
And they have additional 25-35 acres left for development. I won’t be surprised to see the new advertisement with caption
“Part of a 65 acres super mega township with 4.5 acres of super luxurious and exclusive recreational area”.
And not to forget that they are still selling “lies” a.k.a. flats with saying that the entire area between the two phases belongs to them. Now to misguide customers properly, they have removed the small board in that area marked as “Private area”. So that they can keep fooling customers.
Even after project is already ~4 years old, they don’t have any approved plan for the club house. But with every brochure the clubhouse image keeps getting better and better. Check with any other builder Salarpuria, Brigade, Prestige every one has got the clubhouse plan ready before project launch and here project completion date is over but no plan for clubhouse.
1. Clubhouse is like illusion, if going ahead with purchase, don’t count on it. It might come up may be after a decade from now, but in a 65 acres project with minimum 5000 families, it will be better used as vegetable market than a clubhouse.
2. Shriram has started this project around 4 years back, but they themselves are not sure when they would be able to complete this entire project. By seeing the progress my guess is that at least next 15-20 years the construction will be ongoing and till then all the ready concrete mixing plants will remain operational, lorries will keep plying and dozens of labourers will still be working around. Not sure how people will prefer staying at this place when so much cement, dust and sand particles will be flying around. Not to forgot that frequent “Discount Sales Mela” and “Last few remaining Offers” happening every 2-3 months in the complex continuously for many weekends.
3.There is no resale demand and there wont be any in foreseeable future. When builder himself is selling at such a low rate who wants to buy second hand? And builder will have inventory for at least next 10-15 years.
4. They deliberately won’t hand over the flats unless the RERA deadlines kicks in. And while registering with RERA, they have put March 2019 to start delivering from tower “A” on wards. Phase 2 work is hardly happening, not sure even if can be delivered in next 5 years.
5. Most of the people are already aware of such lies from builder and hence are keeping away from this project. And builder keeps fining new ways to lure the customer. They keep changing the project name frequently, recently it was “O2 Homes”. So that all the negative story spread in the market of GreenField” can be hidden.
I totally agree with you. My friend has been given 3 dates for hand over, the latest was Dec2018 which has now moved to Mar2019. There are lot of dark areas which they are not clarifying.
To all those who are planning to buy here, please stay away.
To all those who have bought, please cancel & if you have not paid significant amount.
That is all i can say from the experience my friend shared with me.
Dear NPK Pendalya,
I have purchased a flat in shriram green field in phase 2 and having issues with this builder. please contact me via email: . Eagerly awaiting your response.
Is there a whats app group for Shriram group’s Green field phase 1? I own a flat in tower A and still waiting for its completion
Even I am looking for watapps group I purchased in block A
Did you get the flat? I just booked a flat yesterday in phase 2. After reading this page, I am not sure if I should go ahead with it now.
Could you please provide whatsapp number of customers of Shiram Greenfield Phase 1?
So that I will be in sync with everyone else. My mobile number is 9980601453.
Please contact all owners in whatsapp groups for Shriram Greenfield for any queries.
“For addition pls send ur allotment letter or Builders demand note mail to
for verification purpose…
along with ur
I went to the site last week & they quoted 3800/sqft for 8th floor south facing flat for 3BHK. They never told me about this private land. They said handover of phase-1 is Dec2018 and phase-2 is June2019.
Fortunately, my wife’s friend have booked there last year, they were told possession on Dec2016 but they have not got yet.
Going through the comments, i have decided to skip them.
This is very very pathetic. They have told me that the handover will be by June 2018. By Aug/Sep 2018 owners can plan house warming.
we have to pressurise builder from December and just in case if they don’t deliver before grace period ends , will have to protest against them .
BTW, what the builder (Shriram) has told you about the expected delivery time? Seeing all these comments what I feel, builder has told different dates to different buyers for delivery. For me they have told specifically that Tower A,B will be faster around June 2018, then other towers of phase 1 will follow. Last week I visited their site (Greenfield) and found excavation/ground work is going on for phase 2 towers with expected delivery around 2020.
Those who have booked already/visited the site or planning to invest there should pour in inputs more so that buyers can know each other better and all can channelize their energy to push the builder for timely delivery as per the agreed upon plan professionally.
I have booked an investment where i bought 2bhk on 3.5k psqt on jan 2018 for E block and they said it would be ready for possession by dec 2018 and amenities/club house will be given by 2019.
The handover has always been December 2017+ a 6 Month grace period.
Kindly get in touch with the CRM team for more clarity on the same.
Hi Akshi, I was told Dec2018 by your sales team. I noted this date on the cost sheet in front of them along with the hand over date for Phase 2, they should have corrected me that time itself if i was wrong/……
Also, i was never told about the private land in betwee. the towers.
Private land between the towers or phase 1 and 2?
Its like: Tower 1 then a small garden followed by the private land then a small garden and tower 2
What’s with the private land between Ph1 and Ph2 towers? Has anyone got any clarification from the builder or otherwise?
this private land belongs to land owner and shriram does not own that property , when you visit the site you would find that area between both towers fenced.
i was been told that they are in discussion with owners to buy it to make civic amenties for project which to me seems to be rare but in worst case if shriram builder does nt get land over can make a building with g+4. other then this there is a govt road between both tower which is similar to prestige shantiniketan/prequility. any body one one can use and accessibility which seems to be a security concern.
Dear Akshi, If you read buyers comments, the handover is now moved to Dec 2018. Can you now clarify this please? And that why was this fact hidden from me that there is a piece of land between the towers. And also the fact that there is road between 2 towers, this too was hidden.
I fail to understand why these were hidden from me which compels me to think about builders reliability & intention.
Stay away from this project. All truth is not revealed at the time of booking. Private land between two towers of same project. This kind of layout planning is strange. Every day to visit garden or amenities what Shriram guys expect from flat Owner? To walk down to private land the cross the government road and then enter apartment park area ?
Shriram Group is no different when it comes to duping the buyers. They are just as bad as any other builders in Bangalore. I don’t understand why anyone would like to buy an apartment in under construction flat? I feel paying a little premium for ready to move flats with proper documents and amenities is always better than taking such a huge risk in buying an under construction flat.
Regarding Shriram Greenfield, i am on the side of those who got cheated by them and lucky to get out of this project last year. Check the facts:
1) No one knows, how big this project is or will be in future, 19.5 acres as advertised since 3-4 years or 40 acres as advertised now? They still have around 40 acres land, may be couple of years later the project size will be 80 acres.
2) There was plenty of amenities promised for 19.5 acres Phase-1 and Phase-2 project with 4.5 acres clubhouse exclusively for them. Now check the new advertisements it is 5 cares clubhouse for 40 acres project. So now twice the families (around 4000 families) will be scrambling for one clubhouse.
3) Who will ensure that down the line they will not be extending this same to a 80 acres project with 5 acres clubhouse?
4) Till last year i have not seen anyone has got any inkling of what is the approved plan for the proposed clubhouse. Not sure if they have got any now and will be sharing with their customers.
5)In the beginning phase -1 progress was quick and 18 floors came up soon, now since they have collected 85% money they are now not sure when will be the possession as told by my friend who is still stuck in this project. Remember Tranquality? There is this old age formula with builders to collect maximum money by constructing the towers but don’t deliver the finished flat before 2-3 years. Shriram Properties follows same formula and i won’t be surprised if actual possession (that also without any amenities to talk about) will happen anytime before mid 2019. Just check the records of any builder including brigade, prestige, purva, they all have same tricks.
6) Shriram prop is still selling the greenfield at prices of 3850 around for phase-1. I believe many people have paid more than that price 2 years back. So even after 2 years from now they will have enough supply through Phase-3, 4, 5,6.. to keep the prices down at around 3600 to 3800 Rs. Who will pay more for over stretched, over crowded project at so much inside the village?
7)They have never confirmed that the entrance will be through the current gate which is at the start of the village. Not sure if they have made that part of the extended 40 acres project. If not then that entrance is just an eye wash till the project is booked.
8)Major problem with these guys are that they will always hide something, just if you ask anything related to approved plans, floor plans, club house plans, amenities, Sewage Treatment Plants, etc they will hardly share any thing.Everything is under cloud and hazy.
It is better to be well informed before jumping into any under construction flats and specially if you got projects like Greenfield which is kind of open, never know its boundary, where it will stop at 20 acres, 40 acres or 80 acres or beyond? With same Sewage plant, club hose, and amenities.
Here are some project updates for you that might resolve the confusion surrounding Shriram Greenfield.
Shriram Greenfield is situated in a 19.5-acre project within a proposed 40-acre township which will eventually have, retail, restaurants, hospitals, schools.
Phase 1 has a club which is going to be situated on a 4.5-acre land parcel within the 19.5-acre property.
For further clarification please get in touch with your customer relationship manager, else please call 1800 103 9014.
Can somebody help me with my confusion……
I am in search of a 3 BHK apartment to buy. This June and past few days in July I saw couple of projects. Shortlisted 3 units from different builders to choose from. So in June (18th June) I received a cost sheet from Shriram containing VAT/ST. After negotiation a revised cost sheet I received on July 4th again containing VAT/ST. When GST came into picture on 1st July and on 4th July still the cost sheet contains VAT/ST. (this surprised me!!!). Upon clarifying the things I found that some how this latest cost sheet is not as per GST and I need to pay extra. I got to know I might be paying 1.5 lakh more. (though not yet confirmed by Shriram what will be final cost). They are not confirming the revised cost sheet with GST. They are asking me to book the flat and later it will be seen.
Now I am thinking not to book anything now and wait till all builders revise their cost sheet as per GST. (May be after 2-3 months). Then will do fresh negotiation on the revised price as per GST and proceed for buying.
Any suggestions??? or comments ????
Please wait for GST clarity. Most builders are not clear on GST impact on tax/price. RERA has also kicked in. So, please review the SALE agreement for the delay penalty clause. Prices are not going to move up anytime soon so please take your time and dont rush things.
Can anyone help me on this query? I am in search of an apartment to buy. I visited couple of projects last this June and continuing on July as well. As we all know GST came into picture now from July 1st. Initially one builder shared me the cost sheet with VAT/ST. Later after negotiation another cost sheet I received before few days (in July) containing the same VAT/ST. Now the builder is telling me that cost sheet is not as per GST. The cost will go up for sure. But we can’t say how much. You can go ahead with booking. (by making payment). Later you will be knowing.
Based on the GST % they shared my cost might increase approx 1.4 lakh more. Now I am thinking whether to book or not.
Again thinking to wait for 2-3 months to get all the cost sheet revised based on GST and then to search and decide.
The GST is here to stay, my ongoing project price has gone up post GST, dont know what Modiji means by sab ke liye ghar, when the prices has soared, and after all the negotiations done with the builder, unfortunately the prices have gone up.
you may go ahead with something that you might have liked as the prices wont change and tax would be by default added/