Hello All,
I came across Artha neo Villa project which is yet to be launched. its soft launched at the moment.
I hear that hoskote going to be developed and near by Area including ITPL/Whitefield and distance from near by station/Airport also looks good.
Artha Neo is Arthas’s own project which means artha is not just marketing they will take care building villa as well.
Type
Villas
Options
- 2 BHK
- 3 BHK
- 4 BHK
Location
Hoskote Malur Road
Price
Starts form 44 Lakh
Completion Date
15-18 month after agreement
Builder
Artha
Any feedback on Artha Neo and Investment in hoskote malur road please?
Thanks,
Amitabh
To all respective ARTHA SHARANAM PLOT OWNERS:-
Please feel to join Artha Sharanam facebook group-
https://www.facebook.com/groups/ArthaSharanamOwnersBangalore/
Thanks,
Amitabh
Feedback from Artha Reviera residents. Better avoid this builder.
https://www.facebook.com/ArthaProperty/photos/a.248668845172002.60025.153199011385653/960220624016817/?type=3
Artha people are saying for sale agreement before 10 Dec 2015, has anyone received any such communication?
Hi, ( Sale Agreement not yet received)
We booked a plot in Sharanam in July 2015,there was a delay in handing the property documents for legal opinion. I should have understood at that time it self about their way of working but I took a wrong step of considering their Brand and went for 30% Agreement in September 2015. Till now Agreement documents are not handed to us. After agreement the marketing guy never updated any details and few days later his mobile was switched off and then I had to call the customer care and get in to the contact marketing team.Every time they say they will hand over it in the coming week. Not weeks, months passed by but didn’t receive the documents till now.Initially I used to refer this to my friends and colleagues but now I don’t recommend this to any one.Meanwhile few of my friends booked plots after me in the same locality( diff Builders), they got their plots registered and received Katha as well from Hoskote. This is how other builders are working. I am in Bangalore from past 10 yrs and This is one of the worst Developer i had seen.,
Please don’t buy plots from this seller.
Hi I booked plot in neo sovereign recently got message that if we want we can swap with other neo serein, medas or aspire. With very heavy heart with thought if sealing this plot with aspire. It is costing now more. But after reading reviews, I am having doubt regarding agreement. Anybody having such experience plz share
Hi Usha,
Welcome to the club.
I too had booked at neo soveriegn. 3 months back was informed that soveriegn has issues, will take longer time.
Was informed that i can book in midas, was told it has approval from HPA .
I transferred my plot to Midas .
Rest in Gods hands , I am told the registration will happen in 3rd phase, 6 months time .
Still going ahead as this was told to me it is a Bennett and Coleman company, the same which publishes the Times of India. I assume.
All in gods hand.
Wish you the best .
Hi All,
Me and my friends booked 4 plots in hosakote sovereign 3 years back when they started with gold coin offer.
1. Artha started giving false promises and we were waiting till date based on false promises
2. Today we went to swap the plots with other project as they recently communicated, we visited marathhalli artha office and got to know that there is no swap option based on our interest, the person who spoke to us was very rude and he was forcing us to take the plots in midas or take the money back.
3. They cheated the ppl how have booked hosakote project, today we all are in big loss of inflation, the same plot if we want to buy out with the bigger community we have to spend 7L more.
4. They were telling today’s midas price is1500/sqft and they are going to give us @900RS/SQFT in MIDAS. They offered one more project serene @1575/sqft.
5. I politely asked the gentleman who was explaining to us, your total price difference since inception till date is 1500 – 900 = 600/SQFT. so give us plots in serene i.e 1575 – 600 = 1025/SQFT. Finally i asked with the price 1025 + 125 = 1150/SQFT.
6. They were so rude that we can not get the plots what we want, we have to agree for all the thing which they say.
Totally its ultra waste investment and wrong step which we have taken.
we all together form a team and fight back with them.
Hi Ravi and Friends, Same behaviour with me.. I lost my patience and opted for refund.. Within 2 days they sent me a refund cheque.. Total Cheaters. They would have got hell lot of money just as interest from our hard earned money. Bad Decision. Badly duped.
Hi Bari
We have also booked in Neo Midas but there is no clarity as layout has been changing drastically and looks like club house abd swimming pool size wont be good enough.
We are asking for refund now but they are denying it.
Could you please advise how you got yoru refund?
Hi I swapped plot to aspire as sovereign future was not certain .paid 30% money struggling to get agreement paper false promises are going on . Still not recieved agreement paper.I think all of us are facing same problem can anybody can guide what step we can do as most of us are felt like cheated
I have cancelled my Midas plot booking and i got all my refund in 15 working days. they changed layout drastically and they told now, its not just plot, but plot + Apartments will share the common amenities which i dont like it and cancel it.
till now i did not recieved my money waiting for more than 4 months now…saurabh, viswanatha, refund team is not responding to my emails now…any suggestion how to get the refund?
We have also going through the same plight. We booked Soverreign on Pre-launch, as 2 years they came back to us saying that there is a problem and wanted us to swap. After lot of introspection we swapped to Aspire. Now about 10 days back, their an email asking us to swap to Midas, as there is problem with /aspir,
Have no clue what is happening and Midas has very limited options.
Anybody facing the same situation right now?
Hi Meera,
I’m in the same situation now, I’ve also booked a plot in Aspire. Sale agreement was executed earlier. Barely 10 days back, we got an email telling that aspire has some issues so they are giving us option to swap in Midas which has very limited options. I would like to discuss this problem with folks who are on the board and facing same issues in aspire so that we can plan accordingly.
Thanks
Opted out last year – me and my friend – sounds like a very wise decision now.
Hi All, Artha has launched a project called ARTHAS EMPRASA its a commercial project targeted at startup companies , They are planning to build 2 million sq. ft of Office space, Now they are selling commercial space of 500 Sq. Ft at 16.75 Lakh + Service Tax + Registration = 18 Lakh , They are promising POR ( Pre Occupied Returns ) of 10 % annualy till year 2019, From 2019 onwards they are giving assured rent of 25 Rs. Per sq ft per month, That is 12500 assured rent every month for next 3 years , Is it worth
I have seen 2 pages full add in Times Of India, Square Yards is selling this property which is internationally well known marketing agency
Is it trust worthy ? 18 Lakhs investment and monthly 12500 rent
It’s difficult to believe them, based on our experience…they had history of promising and not delivering….I’m still waiting for my refund from past 6 months…
plz don’t invest, everyone of us are having very bad experience. you can’t trust them. i have to apply for refund now. i am little scared how much wait or difficulty i will be facing till i receive my money. i feel government should take some action on such type of property dealers.
\hi
Any one who has registered with ARTHA, NEO ASPIRE kindly contact me parackal35@gmail.com,
Have not seen any development for past 4 years
Regards\arun
Hi,
I have purchased 2 plots in Artha Aurum by paying 80% of total amount. After going through this forum, I realized that not everyone has paid 80%. I really feel cheated now. Registration dates are yet not clear. Is there an existing community group or facebook group of the people who have purchased plots in Artha Aurum?
Thanks
Pooja
Hi Pooja,
Why did you pay 80% , was there a different pay sched for Aurum.
For Soveriegn paid 21K initial booking and 30%, rest to be paid at registration.
Just got an email from Artha informing the March 2015 registrations have been resched to April 2015. Simply ……..loss of words
Hi All,
Its same old false promise from Artha group, every time they send out email saying its pushed by 2 months, but they are able to launch new projects each & every quarter without even caring about the existing approvals. Myself & my office colleague & have booked 4 plots @Soveriegn.
Is there an existing community group or facebook group of the people who have purchased plots in Artha Aurum or Soveriegn? Else lets make the group & fight for justices.
Hi Punith,
There is an existing group (https://groups.google.com/forum/#!forum/artha-neo-villa-project-hoskote-malur-road) but I guess it’s no more active. I had sent a request to join this group a month back, but it is still pending.
As suggested by you, lets make a new group.
Thanks
Pooja
Hello,
I have also paid Booking amount of Rs 2,00,000 for Midas Project in Feb 2014 and still waiting for registration, I dont get reply to the email query for Approval Status and Registration, I see as per their web site it is mentioned as the project is already approved , when i called the executive in Feb 2015 he mentioned that registration will happen in April, now April is almost over but still no update on registration, We need to make a group.
Regards,
Dennyson
Hi Dennyson, did you receive any mail communication from artha for sale agreement?
Hi Dennyson
Have you got any update from Midas on your booking?
And did you get any layout plan from Neo Midas at the time time of booking? As layout seems to ahve changed drastically than promised.
Please contact me at prettykhattar@gmail.com
Hi Punith,
My transferred my soveriegn plot to midas layout after 2 years of chasing them…I am f****** fed up with them.
Bookings on Akyshya Tirthya are to be auspicious ….this is my worst investment.
Hi Paul,
We were told by their sales representative to pay 80% of total amount. He told us that who ever is paying 80%, only they will be getting plots of their own choice else you need to select from the remaining ones. Hence we paid 80%. 🙁
I also got a mail saying that registrations will be done in April. But after that no information on registration.
Thanks
Pooja
Hi Pooja,
My apologies , did not reply earlier.
I can understand your situation . The last email I got to which i requested an update today was….the approvals will be end of April or May 2015.
Getting a routine response.
Pls send me the link for the forum.
We should approach together Artha, else another extension.
hi i booked plot in neo Sovereign paid certain amount it seems they are doing registrations for neo aspire god knows only this is true or again false promise. Now they calling and telling you take in Aspire we are not interested, regarding sovereign things are pending it may take years also to get clear thats what their reply was very sad to hear such comments from such a big real state group representative.
Hi, Even myseif & my friends have booked 4 plots in Neo Sovereign & paid booking agreement amount couple of years back. But still waiting on registrations.
Latest news is they have started New project called Neo Smart city next to Sovereign, here is the link http://neosmartcity.com/
but am not clear with layout plan, because it looks like they have covered Sovereign also into this new project.
So we all need to reach out to artha management & get more details on the same.
hi, ya they informed me about that but still i am interested to continue in sovereign. They told it may take as they trying. I am crossing my fingers that project gets approval. We have no time to chase anybody for that. Anybody having any info please post here.
Hi guys.. i am new to bangalore and have a plan of making an investment in artha properties – neo project. Would require some feed back in terms of the location, infrastructure and other related stuff in terms of the properties. Heard its a good project so wanted some info about it. All feedbacks and comments in terms of this property are welcome. Thank you
stay clear from artha at present. They have not done any registrations for current projects and have been constantly postponing registration dates from 2012
Thye launced 3 projects- aurum, midas and soverign in 2012. non eof them have been registered yet.
So is there any upcoming projects that we could make an investment (Artha properties).
@Manoj Kumar
They can start one if you are ready with the money.
Anyway, they have not registered any property since 2012. So, they may not care about the newly started one as well.
Hi
I have 1200sqft plot in confident althena 3, hoskote. I am selling it for 1300 per sqft. If interested please call me on 9379447575
Artha neo project is an approved one and all are in place. Have checked with others on this. What made like is the project is the location because its on the high way. Booking Amount of Aurum, Sovereign and Midas Rs.2,00,000/- 30% less booking amount payable at the time of entering into Sale agreement, 70% payable at the time of Registration
I am interested in this project. Please contact me on sachinf1978@gmail.com if interested to sale
hi all,
anyone with soveriegn artha….booked on akysha thirtha day,…got an email today….approval still pending will be in in nov2014
Hi Paul,
Even we have book 4 plots @ Soveriegn, but still no updates as of now.
Does anyone have updates on work-in progress @ the site?
Hi Punith,
I had been to the Aspire site a month back , on way back visited the Soveriegn site…compound wall constructed but no watchman, part of the wall had collapsed. Since the approvals are pending ..no demarcation done.
I had sent an email to the CEO Rangarajan….he informed that due to beauracratic delays …formalities pending should see the daylight by Nov…if you want you can take back your money.
I infd will wait.
Its now NOV 1st ..no sign of the plot.
Its sad that a Benett and Coleman company should make us run around like this , it has has been 19mnths since the tall promises.
Hope you are aware the guidance values have increased in these areas, which you and I will have to bear.
Simply deplorable.
I wish I had invested in one of the Confident group projects. This one just sucks .
Hi All,
Update on Neo Soveriegn….approvals still pending …should be in place byJan 2015…another extension
It was Dec 2014, today even i spoke to Site manager & i heard its Jan 2015.
Punith…any news on your sites
Hi Punith and all….just got an email from Neo…another furstrating extension …same concerns …this time tentative date is Mar 2015….wish all the best.
Hi All,
Just got an email registration for Soveriegn which was sched for Mar 2015 is resched to April 2015.
I am fed up with these emails .
Hi everyone,
I’m planning to invest in Hoskote area, So can anyone suggest about this project…..
Launch of sovereign will be after diwali. So I think the registration will happen only in January. This is just phase 1 of sovereign and they will soon come up with phase 2…with higher rates ofcourse. After that they will come up with construction schemes. Any updates on aurum progress?
Did anyone get any update on sovereign?
The Project is launched , I had booked my plots…
Hi Ashok…you are a part of Artha group?….your fb profile says so 🙂
Offcourse , I am very much intrested on Neo Bangalore and know the Hidden value of the Golden Treasure
Hello guys,
Is there any FB group for Artha Midas? If so, appreciate if someone can let me know. Incase there is not, i am ready to create one.BTW- I have booked a plot# 73 in midas.Is there anyone from Midas here???
Cheers,
Vipin
hi Vipin
I’m interested in this project. Can you share approx price details that you bought your plot for? Will help in negotiating.
Ashok is busted! please stop invading real blogs. I have invested in this project and getting worried a bit now 🙁
Does anyone know when is the registration of this layout? Someone told me its in Oct and have to complete the 100% payment then.
Now they r saying registration will be in January and it will take 2.5 yrs for handover of plot for construction
Thanks Rinku for the update. So…its a staggered payment then? They told me that by this month the site will be allocated.
Hi, I have booked 2 sites in Artha during pre-launch in May-2013. I have received email couple of weeks back which beautifully lists down that Artha team is working on the approvals (might take couple of months) and work is in full swing + when they are expecting money release from client. What they have missed totally is what client will get from them for buying site through Artha. I am not so happy with their website too absolutely no information on various ammeneties, or anything of that sort. Also remember Karnatak CM has told no NOC till projects declare their water resources..so watch out for this since Hoskote is already in danger zone due to depleting water levels. Lets all share our experience/view with each other to understand how good this project / area is before we put our hard earned money for investment.
My understanding was that the clause “No NOC till source for obtaining water is detailed” applies to big apartment projects and not for plotted/villa/gated communities. Even amongst apartment projects, the units should be above a certain number for the clause to be applicable. I may be wrong. Since the density for plotted/villa development is less, a few common borewells with adequate RWH should be sufficient ?
Hi Anand,
I didn’t get any mail from Artha. Could you please share the content of the mail?
You can post in google groups also.
Thanks in advance,
Karthik
Hi karthik,
is there already a Google group? send me the details and I will join the group for this Topic.
Anand
Login to your gmail and access the below link
https://groups.google.com/forum/#!forum/artha-neo-villa-project-hoskote-malur-road
and click on “Apply to join group”
Request you to please share the email that you got from Artha.
Hi Anand,
This is shocking from a reputed company like Artha. Even I booked 2 sites with them and so far no communication from them, when called I was told to send a mail with all the details. They dont have any clarity on whats going on.. its time we think of cancelling our booking.
I didn’t get an email but called up the Artha folks and was told that the site will be available for registration [in couple of months time], completely ready to take over. I’m not sure where this is going. Does anyone know the exact location about the three sites of Artha?
I have visited the one in malur road.
Hi Ajesh..how was your experience about the layout on Malur road? How far it is from Hoskote (NH4)?
Hi Ajesh,
Can you share further information which will be helpful. How far it is from NH-4 (Hoskote)? status of the layout?
Hi,
I got a call from Artha last week saying that the registration for Aurum will start from 15th Sep.But as i am not interested in Aurum so didn’t follow up.You guys may want to call them and check.
I am interested in Midas and they said the registration for that will start somewhere in oct-dec.As of now it seems they have got approval for only Aurum from BMRDA and are waiting for approval on Middas and sovereign.
Cheers,
Vipin
About 3.5 kms in the malur road. They, in future, will also have a road from NH. Also, once the ring road is done, it will go in front of this property. So, one side would be NH and the other side would be ring road.
Hi,
I have booked a plot in Sovereign.Anyone has visited that site?Feedback Pls.
Thanks,
Rimi
Hi, I visited Soverign couple of days back. It’s 500 mts from Indian Institue of astrophysics and than 700 mts inside from main road. It appears quite good and land is flat too.
Hi everyone,
I came to know about this project recently and I’m planning to invest in Hoskote area.Can anyone share the details. ….
In Bangalore city most of the places nearly 90% are in danger zones only on water , nearly you need to dig 1200 ft to get water… Its Government duty to launch water supply schemes….
Today I went to see the AURUM layout but to my dismay it is far away from main road of Hoskote-Malur and looks like a “valley” which can become flooded in heavy rain?
I was not at all impressed about the location. The SOVEREIGN is not at all marked and no signs on that road. I did not see the Midas but looks like that may be in a better layout.
Pricewise all of them are far higher than the market rates.
Hi Mouli,
I have booked plot in Midas and visited the place on the same day, its abt 14 kms on the Chintamini route .. surprisingly the roads are well laid and there is a big hoarding of Midas.. reading your experience it looks like Midas is slightly better. (See my earlier comment on May 26 for more details).
Hi Bari,
How did you identify the Midas plot? Have they put any board? The other day i visited Aurum. Work has started there.
Rimi
Hi Rimi,
Yes, there is big board which says Artha Neo / Midas, its right next to Confident Althena – 3 with lots of work completed .. so its kind of competition for Artha.
Ok..what is the rate for confident group?..checked their website..could not find any details regarding price
Last time I inquired with them in June .. it was around 897 for west facing, 997 east, 1096 north+east.
Is it true that registration of this property will happen by October and that means 100% payment before the layout is even built? Does anyone know about the possible time frame. My decision to invest is hinged on this factor.
HI, I am interested in the property – Have visited (atleast tried to) sites and spoke to Artha sales staff…. and here is what I have learnt
1. At present this is only a plot sale …. villa construction is flexible … means you can get that through Artha or from your own contractor
2. PLOT COST: Have seen only comparable rates in that area ….. Uron is at 1650 (Malur road) .. Platinum is at 1150 (Siddhalgatta road) … confident is at 897 (min only for few off plots, donot have flat rates, higher rates for other sites)
3. VILLA COST: Artha is not promising at present, however expecting INR 2200 per sft including all charges …………. What is the price from outside contractors ? and do they take care of maps, approvals and otehr legal stuff…
4. SITE VISIT: I am interetsted in the Siddhalgatta site, however I could not find it on the land …. Artha says that they have aquired 30 acres there BUT location boards are not installed yet … expect by Aug 15th
5. How is the water level in the area ,,,, Artha pppl mentioned that the barren land exists that is getting aquired
6. NEGOTIATIONS: No negotiations were entertained …… rates are comparable to competitior’s but artha has nothing done on ground whereas competitors have actual sites to see.
7. BRAND ARTHA: A new but aggressive reality company, not sure if we should go by Grihstha or Riviera as benchmarks … In reality Artha has shifted the strategy from making villas to sell plots .. thats where the profit lies and one gets good money with less work ..
However I felt good with the professional behavior of sales team ….
Will keep sharing the experience
thanks for sharing information. Abdul
I went to Neo bangalore fair today. Some update –
1. Booked (paid-21K) a plot at Artha aurm @ malur-hoskote road.
2. Rate was Rs 1500/- psf (additional 10% for east facing) . No plot selection as of now. Gold coin (5gm) was given as gift for booking.
3. Lot of booking were happening.
4. They are not showing the project site. These people promised once approval is done – they will show before booking.
5. Plot selection will be done after 90 days….
Any one booked or visited actuial location – please provide update.
BS: If you have gone there, there are sign boards towards Malur road. Its 3.2 km inside. You should have made some diligent effort in finding the site. The whole marketing strategy is they are selling 5 Gms gold @ 21K which is 80% more than market price to fund for the development of the project. I personally did not feel like booking at that price.
Hi Guys, I did book their plot in Midas- Rs. 900/ sqft.. as they promised a refund if we do not like their plots. After booking I went to see the location .. my views on Midas.
Cons:
– Its exactly 13kms from Hoskete Junction (under flyover) towards Chintamini
– Then further interior 1 km – totally 14 kms
– Artha happily duped us by saying 5 kms from the flyover 🙁
– Not sure if its worth an investment .. hoping that they get all documents approved till Aug 15 during official launch
– If things have not improved – better to return their gold coin and take our money back.
Pros:
– Roads are quite good – State Highway
– Even the interior road leading to Midas is well laid
– Lots of plots and upcoming apartments on the way
– Confident has 2-3 projects on the way – Canopus, Althena .. one can see only Confident hoardings all along
– Midas is bang next to Confident Althena 3 – with lots of development happening – compound wall completed, plots marked etc ..we can see lot of Confident customers visiting the site and staring at Midas
– Confident has its resort and a club nearby – looks like they were here much before Artha cud realize whats happening
Overall – A risky investment .. only banking on Artha brand to clear up approvals issue they have. Definitely not a gold mine as they are marketing it. 🙂
Thanks
Bari @ 9845029700
Instead look for Concorde Napa Valley.. You will get many other projects nearby at very competetive price. Soil testing for Bangalore Metro started till Ravishankar ashram.. Even peripheral ring road and doubling of NH 217 is approved..
Hi I have booked 2 East facing plots. 1200 sqft each. In aurum. It’s been 2 years but till date the registration is pending. Should we ask for the refund or wait??? I also heard that Aurum is now renamed as Sharnam. Anybody knows about the name change ???
Karan,
midas..aurum…soveriegn…all in the same boat…no idea on the registration …last i was told jan2015 the details should be in place …tday is 31st Dec 2014 …but no emails or intimation…what worries is that they continue to take bookings for other projects ….our money is stuck ….really sad experience.
I have visited their office and the three projects
Aurum- Rs. 1,500 sqft,
Sovereign – Rs. 1,000 per sqft
Midas- Rs. 900 per sqft
Price is too expensive, please visit the property before booking…..I have seen some other projects in same road less than half of price
can pls mention other propeties thanks
I am interested to sell one of my Confident Canopus site 2400 sft which is 8 km from Hoskote Flyover.
Please send mail a if interested sagi_sivaji@hotmail.com
I went to their office today i.e. 7 May 2013 at Hoskote (neo bangalore), after seeing ad in Times of India that said “Villa Plots starting from 10.8 lakhs”. During discussion the person told me that they have 3 sites, one on Hoskote-Malur road (about 2.5 kms from highway about 38 acres land) and 2 sites on Hoskote-Chintamani Road (about 5 kms from highway each of about 50 acres)
The prices were (pre-launch prices which they claim are 20% less than the actual price):
(Aurium) Hoskote-Malur Rd – Rs. 1500 per sqft
Hoskote-Chintamani1 Rd – Rs. 1000 psft
(Midas) Hoskote-Chintamani2 Rd – Rs. 900 psft (here 1200 sqft plot is available for 10.8 lakhs as said in the ad)
He was unable to tell me clearly why there was a difference in the pricing. I insisted him to show me the sites but he kept on saying that he can not show the sites now but will be able to show them after 3 months after they get all the approvals.
Can somebody tell me if above prices are good to buy or can we negotiate on that? Has anybody seen the sites or has more information on Midas and why they have kept its price less than other sites.
Sunil,
Prices seem to be on a higher side. I had called them and they said same things. They are yet to get approval from BMRDA which may take around 2 to 3 months. After that they will show the site. This is pathetic.
If you are interested on Hoskote-Malur road, then check out Uron Balaji Meadows. I believe they are selling at 900 or 950 PSFT.
Confident is already selling @ 897PSFT on hoskote chintamani road. But its like 4 to 5KM from highway.
For 1500PSFT, you can also look at Aditya Grand which is right on the national highway. But i heard they are not giving all required documents. Check on this aspect as well.
Aaditya Grand is much on the highway, but the price is on the higher end – 2200 per sft. Do you think if it is worth paying at least 2000 for the brand ITPL (only place near to the Hoskote road)?
HI, just saw your feed back, dont you think that you should go to that place and check around, upto my knowledge price is toooooooooo high and on going price is 500 to 650. check it online you will know.
Went yesterday, thought the best of three would be aurium as the price they are quoting is little high, went to the site and dis appointed. Uron is at least on the road side, Aurium is much internal from the Hoskote – Malur road (which itself is 3.5 km from NH). Found another project Ruby opp to Uron (quoting 1600 per sft and have only 4 west facing). Finally wasted a day of my weekend and decided to stay away!!!
Hi Cadaats,
What price did Uron Balaji Meadows quote for their project located on hoskote-malur road? I saw Rs 950 on their website. How is the location?
Compared to Artha, I prefer Uron as its on the H-M main road and a bmtc bus stop is beside it :-). Artha, is around 500-800 meters internal. If you do not care for internal amenities URON is a better buy.
Agree but here is the risky bit. It is not BMRDA approved (as it is < 9.3 acres minimum limit), approvals are provided by Panchayat which you may know is not valid as per law.
So, buyers please do some research before your dive in !
Hi ,
can you name other BMRDA approved projects and having clear titles to invest……
Hi All,
I got an offer from Neo to go for villa plot. How is the deal????
Anyone who already booked, hws your experience with Artha, as they are the part of Times Group so can we trust them???
KK
Hi, I am also interested in buying the villa plot. Can you let me know if others are aswell interested in this so that we can plan for a group booking.
Thanks and Regards, Srinivas.
Srinivas – please contact me @ 9886383080
I am interested in buying in Artha Neo.
Could you please give some more details like how is the legal side of the property.
Also when I went to meet Artha guys they said 20% payment only after approval but now from your posts it looks like they are asking 20% before approval. So why is the shift in policy.
I have also requested for joining the google group.
Artha Neo has come up with Villa plots at Artha Neo last week,its a soft launch.
We have done group booking in first phase and got 1350,p/sft rate.
We have checked DC conversion letter,they are yet to get approval from Hoskote Town Planning which they are expecting in next 2 months.Booking amount is 1 Lakh and 30% has to be paid in next 2 weeks.Let me know if you need more details.
Hi Mintu,
Good to know that you booked the plots at Artha Neo.How many of you did the group booking?
Can I please know if they mentioned any clause that you have to construct the Villas with in a specific time( 1 or 2 years) or its just a complete plot type purchase?
Thanks,
Sriram
Hi Ram,
As per sales team there is no binding on Buyer to construct house within stipulated time frame.However alleviation is allowed for G+1 only.
hi I am also interested to book. But layout plan is not given in the site.
Hi,
These guys are asking me to pay 20% of the part by this month end. Is anyone else paying this amount by this month end?
Also I would like to join the groups.
Yes.Same here. Anyone else paying 20% by this month end?
Hi,
Artha people are saying we have to pay 20% of the sale price on or before 31st of March in case we book a villa.I just want to check if its the same for everyone?
Anyone else is paying 20% installment by this March 31st? Please let me know.
Thanks,
Ram
Can anyone please tell me what is the nearest planned metro station from this project?
if you look Metro Phase-1 extension map to East. Its connecting to Whitefield via Ujjwala Vidayala (Near Hopefarm). There are high chances that metro may extend after whitefield..
Hi All,
I visited artha neo today. Not yet decided to buy. My observations
1. Price wise it is high. I have seen some other ads on the way saying villas at 28 lks.
2. It is a bit far from major places. it was around 45 Km till old airport road.Considering the fact many of us are in IT
3. No shops nearby though they promised to have all stores inside the gated community.
4. This is a phase one i think. Artha has acquired land from this area to their sales office till the main road.
5. As i visited an other artha project, experience to visit the project was nice. They provided transportation till the site. Model villa is getting ready near the office. Office building was having a pleasing circular design.
6. This is not a premium project as revira
7. There is a sez of 300 acers is coming up. And there are some other villa projects near by.
8. Shobha has acquired land in hoskote http://www.bangalorenest.com/Top-Stories/Sobha-land-bank/
9. As per the SE they will convert the dried up river to a canal and availability of water is not an issue as of now. Don’t expect cauvery water 🙂
Mahesh,
Thanks for your input. I think overall response looks to me is positive. You may try negotiating if you want to book it..
Keeping 2-3 years in mind , investing in hoskote going to be fetch good returns.
1. Price wise it is high. I have seen some other ads on the way saying villas at 28 lks.
– Do you remember the builder where you have seen ads (villa in 28 lkh) ?
2 – looking at their location map, Whitefield is near by and lots of things are proposed such as Big Bazaar at Budigere Cross etc..
I think we should consider distance from New Airport, railway station, IT parks. Work place is like keep changing in 1-3 years so lets say today working in an IT part near to old airport, and an other comp near to Hebbal or any other park.
4. This is a phase one i think. Artha has acquired land from this area to their sales office till the main road.
– How far is it from Hoskote junction?
Hoskote Malur road has got lots of township coming in like Windsor Garden/Tekton Estates etc.
7. There is a sez of 300 acers is coming up. And there are some other villa projects near by.
– Which side SEZ is coming up with 300 acre.. Is it near to Artha Neo project or in hoskote malur road.?
8. Shobha has acquired land in hoskote http://www.bangalorenest.com/Top-Stories/Sobha-land-bank/
– if Shobha developers comes in then i don’t think they are going to offer villa in same price..Confident builder bit ahead from hoskote junction, are quoting a higher price for apartment.
Thanks,
Amit
Have you booked villa at neo?
dhiren
Hi Mahesh,
I am also considering to buy a property in this project.Please let me know your email id or contact number so that we can discuss in detail.
I created a google group which might be helpful for us on various discussions.You can please join the group if you are interested.
artha-neo-villa-project-hoskote-malur-road@googlegroups.com
Thanks,
Ram
Ram – Its already been discussed here and lets continue to discuss here and on below link so all will benefit.
http://www.indianrealestateforum.com/bangalore/t-how-artha-neo-hoskote-malur-road-49309.html
Thanks,
Amit
Thanks Amit, i would make sure to follow the forum. So have you bought a villa in Neo?
Arjun – have you booked the Villa?
Yeah, i did, the project and price is good. I paid 1 lakh and those guys are asking to pay 20% of it? Just need confirmation if it was the same for everyone.
Do you have any idea.
In case if you already booked have you or anyone else paid this amount.
Please reply if anyone has done so.
Thanks Ram for creating a group. I’ve joined it. Hope more guys to join, in case you’ve either bought or planning to buy.
i want to join tihis group
Hi Dhiren,
Please share your email id so that I can send you a request to join the group or you can join by searching for Artha Neo in google groups.
Thanks,Ram
my contact no is 9739980865
I have booked the villa and want to be member of this group
Regards, G P
id deshpandegp30@gmail.com
Sent group invitation to you.Please join.
I want to join the group
Can you add me to the group pls?
Email: sunil_kumark@outlook.com
Regards
Sunil Kumar
Dear All,
Wanted to check on few things since am new to Blr and this would be my first investment in city. I am an investor with budget of 50 – 55 lacs max and want to get returns from appreciation 5-7 years down
1. Is it wise to invest in this property at pre launch stage ?
2. Does it come under municipal limits or panchayat limits since the sales person seems confused
3. Does Artha complete projects in time and how good is their construction quality ?
4. Is 55 lacs a good buy for 3 bhk villa in that place
5. Any safety concerns in Hoskote ?
Any advise for some other investment at this budget ?
Thanks everyone.
Aparajita,
Check out below- Who was the sales person you spoke to ? Try speaking to the Artha Neo Project manager and he should be able to give you proper details..
1. Is it wise to invest in this property at pre launch stage ?
– Basically pre launch is phase when builders wait for approvals and prices will be low during soft/pre launch.As soon as builders get approval they increase the prices.
– I noticed the 55 lakh villa used to 52 lakh in Jan first week and they recently increased the prices.
2. Does it come under municipal limits or panchayat limits since the sales person seems confused
– If i am not wrong hoskote will fall under hoskote planning authority (hoskote-pa.in) with in BMRDA.
3. Does Artha complete projects in time and how good is their construction quality ?
– As far as i know, Artha’s other projects where Artha is just limited to marketing and villa builder will be different. Artha Neo is their own project where they will be marketing and building Villa as well.
4. Is 55 lacs a good buy for 3 bhk villa in that place
– If i am not wrong Villa from KR Puram to hoskote surrounding areas are costing in crores so 55 Lakh and you can try negotiating and that should be a good deal.
5. Any safety concerns in Hoskote ?
– Hoskote is still developing area so not sure about security but villa is going to be in a gated community so that should be fine..
Amit thanks so much for your valuable input. If anyone else is also planning to buy do let me know.
Hi Aparajita,
I am interested in group booking so do let me know if you are going ahead with this project.
Thanks,
Ashish
Did you guys already book? If not are you planning to go together then please loop me in. My emain is maharaj007@gmail.com
-Thanks
Anirban
Hi Amit/All,
Do you/anyone know anyone who have checked legal aspects of land and property?
Thanks,
Ashish Kumar
Harsha,
Do you have any idea on legal aspect of this property?
Thanks,
Ashish
Hello Ashish,
Artha has around 300 Acre land in that area and they come up with Artha Neo project. Approval is still under process and project is in pre launch stage.
I don’t know anybody who has checked legal stuff. Since its Arth’s own premium project like Reviera so hoping there won’t be any issues with legal documents.
You can also take a look :-
http://www.indianrealestateforum.com/bangalore/t-how-artha-neo-hoskote-malur-road-49309.html
Thanks,
Amitabh
These guys are holding off all premium and corner units. Horrible.
Who you enquired there?
Any body booked the villa at neo artha ?
pl share contact no
yes no corner plots pl share your contact no if booked
Guys,
What reason Artha has given for Corner plots?
thanks,
amit
blocked by BMRDA , but why all . if any body booked villa at Neo have you paid the second installament ?
Dhiren
Hi Dhiren,
Please give me your mail ID share your number in mail so that we can and talk about the project. Mine is ashish_nitd@yahoo.co.in.
Thanks,
Ashish Kumar
Hi Ashish,
I think they are not releasing corner plots as might be they are planning to sold those plots at higher price after getting approvals, and no doubt everybody would prefer corner plots and would easily pay high amounts.
Regards
Varsha
Amit,
Did you decide on taking a villa in Neo?
Please let me know.Please share your contact number or email id so that we can discuss on this.Please join the google group which might be helpful for discussing.
artha-neo-villa-project-hoskote-malur-road@googlegroups.com
Ram,
Yes I already did back in Jan. Joined your group. shoot me any question you have and happy to clarify.
thanks,
amit
Buy Souparnika Project near Hopfarm junction. They have good offer going on.
Pradeep
Hello Pradeep,
Just to check ..Assuming you are the perspective buyer and not a sales person from Souparnika..
you can create a different discussion for Souparnka projects if you want to. Lets limit this thred only discussing on Artha Neo..
Thanks,
Amitabh
I was just informing somebody who wants to buy a flat for 50 to 55 lakhs. Bhalai ka bhi zamana nahin hain!!!
I visited the site yesterday and found there is a access issues there. Presently they are saying they will construct road but yet to be done. Promises are at high end. Amenities per se there are not much. There is one dry river following from the middle of the project. Only filled during rainy season. I am bit confused with the decision. They are on bit higher end as of now.
Thanks for your response Anuj. Did you decide anything whether to invest there. Who you spoke to there?
What i understand is that they are awaiting approval and will launch the project in a months time..they have also increased the price so the new villa starts from 46 lakh. It seems they got good response in soft launch.
I think they will be covering the river with fence so don’t think its a big concern.
Also positive side, I see, its Artha’s own project compare to other project where they just do marketings.
Hi all
any body booked at Artha neo Villa project
if you pl share your contact details
my details M : 9739980865
Regarfds, GPDeshpande
Hi I have booked in artha aurum and it’s been 2 years now but there is still no registration happening. All those who have booked in Aurum do we stick on or should we ask for the refund??? I have heard now Aurum is called sharnam. Does any one know about Call me we can discuss the same.
9972 808 671
How far is from ITPL? How is the locality. Is there any shops nearby area. And availability of water
check out this link for locality and surrounding area.
http://www.arthaproperty.com/neo/index.html
Hi Guys,
I have been looking for a property in this location from quite some time. I just figured out that we have a better option in “Aditya Grand” project which is bang on the NH next to MVJ Medical college. They are selling the land so my idea is to invest in few lands there and once the area develops can dispose some land and can do my construction if needed with the money. The location is superb and is at advanced stage of development with internal roads are on. Please suggest if this sounds good???
pl share the contact number is this proecjt approved ?
This project is approved and all documents are in place.. I just got the legal advice on this. The person i met was Ajaz: 9900017768. They have already marked the property and many development work is going on. I liked this wrt to any other in this location just because its on the highway. If you go through do let me know your opinion on this…
Thanks
Hi Praveen, i am also interested in buying a villa plot…its goof info here…if someone is planning to buy any plot in and around hoskote..then include me in group bookings..hows aditya grand and the current price?
Deepak
9902366559
Hi,
Just an advice who is planning to book an villa plot in Artha NEO in Hostkote which is 2km from junction.
Reason :
a)They did not get any approval for the plot since 1 year but booking amount has been collected.
b) They still do not know when they will get approval for the villa plot . If you ask they will say they got approval for whole layout , be specific when you ask them about the individual layout.
c) it is promised in last august 2013 that they will get approval for the plot but till 9th July 2104 they have not got any approval for the individual plot & still they say it will take 2-3 weeks but for sure it will not complete in 3 weeks as it already took 1 year.
d)Plus once you booked the plot there will not any response or communication made to you till you call them and ask for update.
e) they have layout which has proposed TRR road , but nobody knows what is the dimension/area starts and from where ( no clear details ) .
f) Also in the layout there is water body is passed which will not mentioned till you ask .
g)Plot layout will be changed and you will not be informed .
Finally i just checked with SBI with out documents on first strectch they said do not prefer Artha.
If you really planning for plot in Artha NEO AURUM- Please ask for existing cusotmer booked details and enquire them .
All above statements is not false . Just heads up please be careful with your money. – well wisher
Any update on artha midas? Looks like they got approvals for midas project…any knows the details?
-Amit
I got a call from Artha about they got approval from BMRDA-HPA for Artha Neo Midas project and ask for agreement and sale registration. Can anyone know, are these property legelly verified and safe to go ahead?
Apoorv @ 9886085406