Assetz 63 Degree East is a new residential pre-launch from the Assetz group. The apartment located off Sarjapur Road is spread across 18 acres of land and will offer around 1600 apartments in 1, 2 and 3 BHK configurations in 4 towers of G+13 floors each. Check out Assetz Marq and Assetz East Point for comments and feedback on Assetz projects reviewed on the site
Assetz 63 Degree East Options
- 1 BHK
- 2 BHK
- 3 BHK
Built up area in the range of 685 sft to 1157 sft
Assetz 63 Degree East Location
Off Sarjapur Road near Harvest International School
Key Distances
- Sarjapur ORR junctionn – 7 km
- ITPL – 20 km
- Infosys Electronic City – 10 km
- RMZ Eco Space – 10 km
- Marathahalli – 12 km
Assetz 63 Degree East – CDP Overlay
[suffusion-widgets id=2]Assetz 63 Degree East Price
As of 3rd week of December 2015, pre-launch price of Rs. 4250/- per sft for a limited time/units
Hi,
I booked a 3 BHK in Assetz C tower in 2016 . The possession was suppose to be given at Nov 2018 but still not ready yet. CRMs are saying there is a delay expected but as per the current state , it will at least take till October. So there is 1 year delay and there is no delay compensation . Many of us who bought in launch /0pre launch were pissed off with their response
We almost lost 6 to 7 lakh + we are paying our rents. Since couple of weeks back, CRMs were saying that possession is by May 2019, beli eving that I took admission for my kid in the near by school now I don’t know what to do.
Also clubhouse , electricity is a also delayed by an year it seems. the price is also not at all appreciated in that location
Please no one go for Assetz prelaunch.They did the same to East point and marq customers and now they are.doing 63 degree east customers as well.
They are cheaters, Liars..They are not RERA compliant and they are violating lots of RERA terms
Hi , We are planning to book a propert in Assetz 63 degrees East. These guys are claming that tower C handover is done. But after reading all your comments I have lost trust in them.
As you mentioned thaf you booked a flat in tower C. have they delivered it ?
What would your suggestion be to the new buyer?
I sold my unit and walked away, It’s night mare to work with assetz , There are lots of good builders like shoba , Prestige , Brigade who is doing a good job . Don’t fall for Assetz while the technichal side is strong in planning , the financial management is a big mystery
As per my experience with Assetz East Point….would not at all recommend Assetz….feel bad i have to do this review about a builder that i have invested in…but their poor product and service has left me no other option….delivered late…project still incomplete…amenities still pending…poor quality fittings…incompetant maintenance staff…constant issues of power and water, that too after charging separately for DG and water (which was a shocker to me to pay separately for DG!!)…was not at all transparent when we purchased the flat….cheated us on land…sold it to another builder….still land disputes pending in court…customers keep on receiving court noticea…senior folks at their office dont interact with customers once property is sold..will not recommend, even as investment…third grade builder…dont get fooled by model apartment…like we got!!
Hi Viswajeet. Have you actually visited the site and seen the model flat? If you see the model flat for 3 BHK or for that matter 1 bhk or2 bhk, though configurations are smaller compared to the norms, but they are vey well planned and fully utilized spaces with literally no wastage at all.
Agree. I booked a 2 BHK in the same was very impressed with the floor plan and quality used. though the builtup area is 984 SQFt but it looks spacious due to the plan
Please careful with this builder. My cousin bought in Assetz East point. Almost 5 years project not completed and they market project completed.Basic amenities only not provided and people are struggling there.
All the flats having seepage issue and worst quality inside in flats.
Better book with good builder.
I am one of the flat owner in Assetz East Point, they have delivered my flat almost 6 months before and Iam very happy with the quality and services by them. I heard few flats have some leakage issue which they have addressed on time, my experience in Assetz is far better than other builder in terms of delay and quality, since I have invested in other builders I know the outside market how other builder treat their customers.
Whoever this guy is lying through his teeth we are about 300 families who actually live in Assetz EP ; these guys are cheaters and will try to show low cost in base price but will charge more in BWSSB, BESCOM and clubhouse charges and inflate your end bills . This builder is actually a cartel with a foreign face and literally zero experience of delivering projects in India . Their first 2 projects are reeling under huge issues anyone in doubt please visit the site .
This samarth $%%% is an asset sales person..am sure he only posted this comment…pl don’t play with people hard earn money…if you are real person from EP, disclose your identity…
This builder is a total crap. Assetz stop cheating customers with all your repeated promises. Deliver first on time and quality before you even come and try to defend here.
Before you make a buying decision with Assetz, try to get a feedback from the people who have bought a flat at East Point. Visit any day at East-Point and meet any of the occupants there. We are having a horrible time with this builder on quality, timelines, ability to resolve maintenance issues etc. They are trying to cut corners everywhere and handling this project much worse than a C-grade builder. Unless they deliver this project in good condition, I think buying a property with them is not a wise decision.
Humble request to new buyers. Please don’t fall into the traps of these new age builders, who show the moon and deliver (if at all) sub-standard products.
There has not been a day I’ve not regretted for buying an East Point apartment, almost three years back. Just a few top of the mind challenges I faced after booking:
– Time Creep – delayed delivery by more than 2 years, from what sales promised, they fine print wise it is 1 year delay
– Substandard quality by at least 30 percent,
– under delivered on carpet ratio (is only about 60 percent),
– customer experience has been awful ( they don’t even respond to emails, and make it very difficult to meet them either)
When you try recruiting a new employee, experience is the best indicator of their future performance. I realized for real estate industry as well, experience is the yardstick. But I erred, I went with their ventures with L&W, Singapore registrations etc as an indicator rather than looking at their constructions in Bangalore (only 1 delivered so far)
I learned my lessons but it is too late. Problem is these are costly decisions, one gets to make only once or twice in their life time. Only use of these lessons is to educate new buyers of any new ventures. Unfortunately, real estate industry, is in such a mess in India, it is unbelievable.
New age builders are friendly and respond to customer calls. They take all aspects into considerations such as educational institutions, hospitals, etc. The brand name is also present and minor issues will be sorted out quickly and effectively
New Age builders or old builders all same..ALL BS before taking the money and when they have the money, they show their true colors..
They do respond to the customer calls before the money taken and once all installments are done, then see their true faces.Buyers should visit under construction projects of these builders and you would come to know how criminal they are..
There are no regulations still (even after RERA) which can make them work for the buyers benefit.
Currently In India, for few Rs we bargain so much to all vendors but when it comes to builders, we are fooled/sucked by these clever cheaters. And that too when the money involved is life time money for which there can not be any regret.
We have to make sure now that These crooks cannot cheat any other naive buyer who thinks RERA or any other law will make them work honestly. Be loud in all the forums about any builder who has cheated us .
Help/Advise other buyers to look for ready to move in flats. Pay for what you see and not for computer images which will fade way and sites of these builder will change once they have your money.
Its better to buy a ready to move in property than under construction as there are many kinds of fraud being done by the builders. What they sell are nice hi resolution pictures and video rather than the actual flat.
People should go and see the actual flats before buying. Its the most fraud industry of India. People spend their whole life earning buying into these and then wait eternally. When they get, its no more than a shabby piece of house.
Beware!!! All builders are like that..so dont be baised to any.
In Lumos project Assetz took money from buyers for double parking back to back and now providing Mechanical parking one above another, clear unprofessional-ism. They gave part of land in East Point to Other developer to construct road without asking buyer and shamelessly went ahead when buyers found out and objected.
I am hearing wrong doing by the builder related to loaning land to other developers.
Folks do not buy any under construction project from Assetz, they have done illegal land sale in EastPoint despite Buyer’s protesting about it. This is their first projected which they messed up because of un-professionalism, fraud and bad attitude towards buyer. Other project on their site like 27 park avenue and clover green are bought from other builders by assetz to put their own tag.
It is worth to evaluate few thing before going ahead for booking very before to actual Agreement in written
i. Cancellation charges which can be cancelled either by You or Builder
ii. Resale Charges, Payment schedule and late payment fee, Project delay compensation – good to have as per RERA guidelines
iii.Don’t be pray of Agents who can tell it is last flat available and so many customers are asking for it
iv. Is project registered with real estate regulatory authority (RERA) to protect your rights and hard earned money?
v. Read all the agreement copy
vi. Evaluate all offers/freebies offered by Agents with actual price offered in the market
Hi Deep, There is a dedicated team available in the sales office to address all the quires during site visit or write mail to
@Parmesh : Can you answer above Questions like
i. Cancellation charges when customer cancels the deal and when Assetz cancels the deal ..??
ii. Resale Charges, Payment schedule and late payment fee, Project delay compensation and how long ?
iii. Is project registered with real estate regulatory authority (RERA) to protect your rights and hard earned money?
These asked things never change for customer to customer and over the period too 🙂
Hi Anonymous, Dedicated team available in the sales office to address all the quires during site visit or write mail to
Hi,
I have booked a 3 BHK in Tower C of Assetz 63 degree east property, looking forward for any group which is formed from this forum. You can reach me out – .
You can find the Assetz 63 Degree Owners group on FB.
Assetz has further delayed their East Point Project delivery date to its owners.
They have been committing June 2016 as the possession date, and couple of days back the news came as a surprise. Until last week CRM team has been committing that the project was on track and it would be delivered by June end. They have now further pushed the dates to October 2016. They have removed the June date which was shown as AD on their East Point websites. Looking at the construction site, even Oct could be a false promise. New buyers should look at the final product at Assetz East Point to know the quality, project delivery lines, commitment from the builder before taking up any apartments from them in Marq , 63degree east etc.
Hi ..
Dnt buy… Already people who bough in assetz east point are suffering. They changed all material to low class material.Already they delayed by 6 months.Worst tiles they put everyone and poor pipe connection they provided. Until they complete assetz east point dnt trust them.
Thanks
A word of caution for new buyers – Most of the positive comments here are by Assetz’ PR Agency or their Sales and CRM Team, who are posing in these forums as existing buyers. Try to find any existing buyers of East Point (may be through your friend circle) before you make a buying decision with any Assetz Property.
I have bought a flat at East Point, and can assure you that these guys are not better than any C grade builder. There have been many issues (sub-standard items being used for fittings and finishing, issues with workmanship, reduced dimensions of the actual apartments etc) raised by the owners group even directly with their CEO (Mr Ben), however in-spite of he himself promising to resolve the quality related issues and a written MOM being agreed between the Owner’s Group core committee and Assetz almost a year back, theyhave now refused to recognize any core committee at all; forget about the MOM . They are trying to cut the cost in every possible way. Wherever they have mentioned any Brand in the agreement the cheapest quality is being used, and where there is no brand mentioned, by default the cheapest one being used. They have even stopped allowing visits by existing customers to the respective apartments (in the name of safety, although real reason is that we were raising various quality issues including measurements of actual flats etc after seeing the actual flats). For new customers they don’t have any safety issue as they can still visit the apartment blocks. Even if you are not able to see the internal stuff in the actual apartment, I would recommend just compare the Steel Grill and the Glass used in the balconies of the model flat and the actual flats (you don’t even need to go inside to see the difference). I have been patient enough and now feel cheated and don’t want others face the same fate, that’s why I am on this forum today.
I know Assetz PR guys / CRM Team / Sales Team etc will jump now and try to glorify the project posing as existing buyers. Beware of these guys. Ultimately it is your money and your decision. All the best.
Do you think it’s good to invest in Assetz 63 Degree East from investment point of view.. what is the development potential of nearbuy area in 5 years from now. currently there is nothing much around it.
Hi All
Please wait for some months until home lending rates are reduced by banks.
This is not from Assetz Property. Assetz Properties had confirmed that this is not their property. It is by a new builders called Assetz Lifestyle which is not connected to them
Don’t just say something for sake of saying.
Check before what you say.
http://www.assetzproperty.com/assetzlifestyle/
Something fishy. Why is Assetz saying 63 Degree is not their project. It’s in their website. Logo is theirs. They might have created a subsidiary Assetz lifestyle. All boulders do that to ring fence the finances.
May be you are right. Not sure whether its their subsidiary or what. But it doesn’t makes sense to buy small apartments. People can spend that amount to buy some property in their home towns.
Really small configuration. Not sure if all 2BHK or 3BHK have same plan. Previous assetz project had different configurations available.
Yes it would have better if the rooms would have at least 1200 sft for 2BHK and 1600 for 3BHK.
Living and bedrooms are very small..