Type
Plots
Options
(In square foot)
- 40 x 60
- 60 x 50
- 40 x 72
- 50 x 90
- etc.
Location
Near NH 207 – NH 7 junction, About 10 km from Trumpet Exchange on new BIAL road
Price
46 lakhs onwards
Builder
Nitesh Estates
iDiscuss – Nitesh Long Island Plots @ NH 7 – Devanahalli
Hi,
Can anyone please confirm if there were any legal issues in Nitesh Long Island Project? If yes, Have they been resolved?
we are looking for buying a plot available on resale, hence the question
Thanks
Hi,
I was looking for a property towards north bangalore and I found a project from Manyata developers called earthsong by manyata , They are coming up with 5 star resort inside which is 16.5 acres . I booked a plot in phase 1 , So far so good lets see how their going to maintain the project .Good location.
Regards
Dayananda
Hello sir,
I am looking to buy in earthsong by manyata project and just wanted your opinion on the builder.
Is there an owners group? Pls email me at gabbyz0305 at gmail
Samir
you can join
Can you please send me an invite. I have purchased a plot in Manyata Earthsong.
srikant dot urity at gmail dor com
What about the high tension 220k wire passing through the Nistesh Layout? Look like a concern for me.
Hi there,
I am a plot owner in nitesh Long Island . Wondering if this group is still active ? Has anyone recently visited the site t to confirm if the clubhouse work has already started ?any updates would be appreciated
Kind regards,
Chitra
Hi Chitra,
I am planing to buy a plot in Nitesh Island. Planning to Visit site this week or next week. Is there any legal issues still ? Are all documents clear and are Nationalized banks giving loan? Marketing ppl are telling still sites are available, even after 3+ years of getting approval from biappa.
Regards,
Raghavendra
Hi Raghav,
have you bought the plot in nitesh long island?? if yes then can you please share your contact number. i am also interested in nitesh long island.
Hi , is there a owners group for nitesh Long Island ? If so please can anyone here share a link ?
Thanks
Yes. It’s started
hi folks, can anyone please update me on the status of this project?
there seems to be a lot of unknowns even in 2016.
people who booked in 2013, are you still holding onto your plots?
thanks.
Hello!!
For the people who have doubts to invest in real estate, Here are some facts which I want to share:
1. Don’t make your decision with what happened 1 or 2 years back.
2. Legally there are a lot of organisations involved in real estate so the delay is because of a lot of factors. So, you can’t say one company to be bad beacuse it delievered one of it’s project late. All big brands have some delay always.
3. Companies like DLF, Sobha are good but they costs too much for their property.
4. There are companies like Nitesh Estates which provides good quality brand at comparable low price.
It seems that you have a good knowledge about real estate. Can you please provide me details about Nitesh Long Islands ? or mail me at .
http://www.niteshestates.com/type4.aspx?type=4&l1=2&l2=7&l3=58
http://nitesh-estates-ltd.blogspot.in/2014/10/nitesh-estates-review-nitesh-long-island.html
Really helpful links.
I personally liked the amenities of nitesh long island a lot. Even I am planning to buy a home there.
Nitesh Long Island is designed with Vaastu science so it will be beneficial if you are looking for somethething of that sort.
Yes, I am interested in vastu science, it helps us to align the energies of our house with that of the environment. It helps us to live in balance with nature. Thanks for sharing the information, it seems that Nitesh Long Island is a good example to have all the premium amenities at one place.
Heard this long island has run into sone legal issues. Can some one throw some light into this?
Even i heard NLI layout has some legal issues. Layout is very close Devanahalli and chances of widening NH207 in very near future. If you still interested to buy make sure the amount you are paying (per sqft) towards developer should reflect on registraton paper otherwise you may end up getting compensation 50% of what you invested. Please be cautious before buying
Hi,
am looking to buy plots in Nitesh estate, pls let me know hat is final price thy are quating..
thanks
Raj
Hi Guys,
I am confused which one I should invest in among Nitesh, Century and Shobha. Among these three price wise Nitesh looks better but heard there are some legal issuees like court order and also slow construction. What would you recommend and also for Nitesh Long Island what would be the good price? Additionally which part (the side one with commercial or the other smaller part) should be better?
Hello Mr.Ashu, Leave your contact details and also in what price you are looking at as we have couple plots available which we are planning to sell in that locality. Please call 9844631929
my contact number is 9764997431
With the clearance of 4 laning of NH 207 connecting Hoskote and Dabbaspet, any idea how this is going to effect land pricing here?
NH 207 passes right in between the two sides of this project.
Please feel free to express your opinion on this .
Regards
What is the latest on the Nitesh Long Island project. I’m looking to book a plot here soon. Is it worth the investment i.e. will a doubling of the price occur in 5 years? My big worry is about the legality of the whole thing (BIAAPA website still does not have an approval entry for this property) and the risk of a highway re-alignment. I’m confident its a 7 – 10 yr investment. What about the shorter 5 yr horizon?
I’ve done a fair bit of research around the area and visited most of the other competitor sites myself. In case there is a Google Groups forum for Nitesh Long Island owners, it would be great to the know the details.
Rgds,
Suri
Hello Suri,
The highway re-alignment should have already been taken into consideration and the same approved layout is to be shared with clients.
Its a good long term investment. Most of the IT firms might consider picking up space closer to the airport as the rentals are much lower compared to the locations they are in right now.
You take the case of San Jose, which is the Silicon Vallery in the US.
Most of the major companies like Google, Yahoo, Intel, Hewlett Packard & other major Techonology firms are located within a radius of 10 Km’s from the San Jose International Airport.
Quality education is also another important factor to consider. Here is an interesting fact that i would like to share with you. Yelahanka has the most number of International schools in Karnataka & let me know tell some of these are top notch.
A point to be noted here is that a lot of major heavy duty manufacturer’s generally tend to be closer to the Airport to cut down on transportation cost & time. So you might see a lot of manufacturers having some of their operations shifting closer to the airport. This is a long shot though.
An Aerospace park & an IT Investment Region is being planned near the new Blore International airport, which should take off in a few yrs.
Drop me an email on – .
We can discuss on the same.
Another point i would like to mention here which i missed in my previous write up is that with North Blore, the infrastructure is already in place unlike other parts of Blore where you have all your IT firms located.
Personally for me its a horrid experience travelling through the small roads that carry humongous traffic in South and East Blore.
The development happened first and then the infrastructure came in. But it looks like its the other way around with North Blore. And i hope it stays that way.
The number of large scale high rise apartment projects you see coming up in Hebbal, i bet there is no other location in Blore which has that many skyscrapers.
I was speaking to “THE” biggest land banker in Blore, who i previously worked with and i asked him which location would be the next big thing in Blore Real Estate. He said it would be North Blore starting with Hebbal, where the prices have already gone through the roof.
Hi Nakul,
Thanks for those inputs.
I see your point about the infrastructure already being there. There isn’t much of social infrastructure though. For someone planning to stay in Long Island the nearest quality school would be an easy 25km to 35 km, which would be a lot for a kid to travel. I haven’t seen any announcements from the big hospitality players on hotels, malls, restaurants, etc. Prestige Golfshire which is self-sufficient when it comes to entertainment is the only one in the vicinity. None the less, I’m sold on the idea of Devanahalli being an infra hotspot and an investment destination.
A few objective questions that I have though
– What do you think will be the %increase of Nitesh Long Island from the current 2200 rates, in 5 years?
– How many years do you foresee a doubling in?
– Is the legal state of the land all fine?
– Considering the 207 highway, a realignment of more than 100 m may directly impact NLI. Do you foresee that risk?
Rgds,
Suri
Hello Suri,
The Govt value in the area i guess is around Rs 1,000/Sq.Ft. The thumb rule is market prices are always double that of the Govt value.
1. Unless we have a repeat of the 2008 crisis, property prices should appreciate by 15%-20% annually over the next 5 years.
Will give you an example. Property prices in Sahakar Nagar which is located near Hebbal, was just Rs 400/Sq.Ft sometime in 2004.
Today you get nothing below 6,000/Sq.Ft in the vicinity. Give it some time, prices should catch up.
Another point to be noted is that a lot of small and large residential projects in the vicinity will be completed in the next 5 years. That will definitely bring in some commercial development along with it.
A Singaporean based company called Assetz Homes who have delivered 2 IT parks in East Blore are coming up with a commercial development on a 7 Acre property after Yelahanka on the International Airport Rd.
When it comes to comes to pricing, drop me an email on .
I know people in the landowners office. A few of my relatives have bought plots in the project through the landowner as your costs are lower.
The landowner can definitely work out a better price than what the developer is offering.
The NH should be factored in before drawing up the Master plan. But then i cant comment for the builder.
This is a project that one will do well to avoid. You will find enough and more loopholes in the legal papers if you go the legal way.The company will show you so called “external” legal opinion which one can definitely not believe. Ask them for more papers and all you will get is stalling procedures. And finally be prepared to spend an eternity in waiting for your refund once you exit this project.
Do I sound cynical? Then it is entirely due to my experience in this project. Highly avoidable!
Hi KTA,
Would you mind sharing your contact details? A mail id would be of help. You can write to me at . I’m in the process of buying land @ NLI and would much appreciate the opinion of someone who has been through the process.
I hope its no trouble.
Rgds,
Suri
Hi Suri,
You might want to check with Nitesh for NLI now. They have done the JDA and it is registered now after being delayed for so long. They also started giving the full set of legal documents as required. Guess, they learnt finally how to do plot developments, though all the buyers struggled in the beginning. Please check with them, if you are still interested..
Does anyone know to what extent Nitesh is negotiating on the price? I am interested if I can get a east facing site for Rs.2000/sq ft.
Hello Chandan,
Kindly drop me an email on .
Will discuss on the same.
i have booked in nitesh long island and i dont see any kind of situation to worry, i had got all the documents from the company , and i got it all verified by the legal team of mine and from biappa too which assured me to invest happily, and don’t just comment with out any knowledge and pls dont scare those who have happily booked in with all checks done .
thank you .
We are also considering this.
Did anyone do research on water situation?
Google search gives some links like below:
http://www.newindianexpress.com/states/karnataka/Unplanned-Urbanisation-to-Leave-North-Bangalore-Parched/2014/02/21/article2067014.ece
http://www.deccanherald.com/content/67793/content/213868/F
What is the prevailing price now?
Basic price 2200/- psft
I am looking to buy a residential plot in devanahalli for investment
I am confused between sobha landscape , ozone , orchid nirvana , nitesh long island , all these are quoting varied prices with different amenities
can some please discuss which one is good for investment and safety
after having several months of discussions and debate, I went with Urbana for a flat than a plot.
Nitesh : caught up in legal issues, not sure if you wanna take that risk
Nirvana : It is good, but on IVC road which may be little away
Sobha : Pricey
Hi Ragav,
I am also interested in buying Flat in Ozone urbana. Could you please share your contact information?
I need to discuss with you about the price and other things.
Thanks,
Sanju
Dear Mr. Sriram,
This is my opinion, i think you should drop Ozone from the list as the property lies exactly on the flight path.
This could prove to be a hindrance when you eventually decide to build on your plot or resell your property.
Nakul,
we did not but in ozone exactly due to same reason
should be “buy” instead of “but”.
did not buy in urbana due to planes landing in that direction
personal choice..
JDA got registered for the project.
this project is not a gated community project ..there are roads which are going inside the plotted land.
the project started in may..till now no development. only some nitesh flags are there. I think it is better to avoid this
To the best of my knowledge, every large plotted development in Blore requires as per Govt rules to use only 50% for commercial development whereas the balance 50% is utilized as part of open space.
Now to my understanding, this open space includes all your amenities including Parks in the project. Except the clubhouse, which is paid for, the rest of the amenities is accessible to the general public.
Probably you can get more details on the same going through the By laws of the Sanctioning authority which in this case is BIAAPA.
Kindly correct me if am wrong.
Hi,
The company is offering me a discount of 5% on the base price of 2000
i.e. 1900 + Preferred Location Charge.
Another option if to make a single payment instead of three payments for a 10% discount on the base price of 2000
i.e. 1800 +Preferred Location Charge
1. Please do let me know based on your experience if there is room for negotiation.
2. Would you advise for a single payment of 90% of the value (Land + Development) ?
3. Is there any flexibility on 10 day, 45 day, 90 day installment plan?
Thanks
-RC
Dear RC,
Kindly drop me an email on .
We shall discuss on the same.
—
Regards
Nakul Shetty
RC – Details are below:
1. Negotiation – NO
2. Why do you wanna go for a FULL Payment when they are not gonna make a registration rightaway? They will take around 6-12 months for registration. So better do a Part payment.
3. Flexibility – YES
Hi , they are asking to write a cheque in the name of long island. Not nitesh estates. Is this what others have followed in this forum?
Guys, cheque is issued in which name? Not nitesh estates?
Dear friends,
Recently booked aplot with nitesh Long Island. How do I join google group.
Thanks,
Dr Chidananda
Hi Chidananda – If you get an answer to this then plz mail me at
Even I am not able to join the group.
Hi, Even I have provided the cheque in the name of “Long Island” with some Axis acct no. That shall not be an issue.
Hi I am prasad and recently visited the nitesh long island. I am interested for a plot over there. But i would like to know few information 1) Is it a Gated commmunity?
As i can see on their plan N-207 crossing their property.
2) Does this proprty is BIAPA aproved lay out and legaly correct.
As many people raised this issue before (on this group chat )
3) They have BIAPA Phase -1 /2 /3 release plots. Which phase is the best options to go for with bank loans
4) Does the Land owner has to pay the maintance money after land purchage
5) Does anybody shown the documents with any lawyer and also verified originals at their office ?
6) If somebody cancelled any plot……how much Nitish deducted from booking amount?
cancellation charges is 50000 rs.
Harsha. plz can you give advice about this project, i should go for it or wait and watch or no no for now.
guy’s can anybody tell me this project is approved by SBI, as sales executive told me you can go or SBI home loan, what ever document is required they will provide me, means project is not approved but can took a loan from SBI by submitting all require document. Is my understanding correct????
any other input good bad about this project.
what about NItesh???? is it good builder , it will sure develop amenities as they told…
Sapana:
Project not approved by SBI yet. All banks are processing the loan only with the name “NITESH ESTATES”. Hopefully they stand by their name!!!
More financial info on the NITESH can be viewed in below link:
http://www.moneycontrol.com/news_html_files/pdffiles/apr2010/niteshrhp.pdf
BIAAPA website (www.biaapa.in) still does not mention the approved NUMBER what the Builder claims for this project.
If anyone gets any info on this then plz do let me know.
SBI approval will be Good plus point for this project. As every body knows how much important SBI approval for customer satisfaction. Even though it’s from nitesh.
harsha, can u comment about this project as i asked previously also.
can’t force but will better if u say something about this project and future of this project.
can anybody tell where it club house in this project….
Does anyone receive the family tree document for the plot?
New to the group here. Received the soft copy of the BIAPPA approval from Nitesh, however I’m not really sure if this is the actual approval. It’s a JPG of their layout plan along with a seal that lists out an illegible number. Moreover this approval seems to be only for a period of 2 years, which I find a little strange. Is this how a BIAPPA approval works? Moreover has anyone got all the legal documents and are you getting it verified by a reliable property lawyer?
You Are right! I also asked one of my colleague to translate the approval seal and he told me that layout design is approved and it is valid for 2 years. Does that mean layout formation has to be completed within 2 years from this approval date, else design can change? Ok Anyway Anybody paid first 30% payment so far? What is happening to the google groups discussion? I’m not part of that group as it is pending group owner approval to join me into the group.
Hi RK,
In google group, there is no pending request. Are u able to participate in the discussions in google group now?
Regards,
Ran
How do we get on to the google groups..seems like we need some approval..
Gautam ..
Mr.Ran,
Request you to kindly add me to the google groups. My request is pending.
Please confirm if name of the google group is “niteshlongisland”.
Thank you!
MSB
Dear AMM/ RK
The BIAAPA OR BMRDA will approve in the same way, first the layout will approve & two years will be given for developer to complete the work.
The important is the release of the particular site from BIAAPA, then only the site is applicable for loan & registration. Generally BIAAPA will approve in 3 Phases & BMRDA IN 2 PHASES.
Now NLI is going in right direction, this is my personal opinion, however you can check with your lawyer.
So does that mean only those 40% sites that are open for registration at this point of time will be eligible for bank loans and are the ones we can safely go in for? Will the plots that are part of the 2nd phase, (30% to be detained with BIAPPA until completion of Civil Works) not be eligible for bank loans and hence should be avoided as of right now?
Any clarity in this regard would be appreciated. Thanks.
Hi,
I received the draft contract and a CD with all legal documents petaining to NLI today. Hope you all received the same. If any one is interested in taking this to a lawyer, let me know. If I take this to a lawyer and he gives some comment which need changes to the draft its unlikely that Nitesh legal team will consider that request. If we go as a team may be we can make changes if necessary. – John
Did you receive soft copy of BIAPPA Santion plan Seal? What is the next step? Any inputs /comments appreciated.
I am new on this comment space but have been tracking the other commentators. I have received the soft copy of the BIAPPA sanction plan seal.
ok thanks supratik. when are you planning to do the first 30% payment? is anybody working with lawyer for documents verification?
Well I have made the 30% pmt. last week. I had checked with a couple of my sources in Bangalore and the RE agent and heard that docs were in order. What other choice was there anyway?
Hi we received the soft copy but its so not legible – cant even make out what the seal and writing says . Has anyone obtained a hard copy that they can scan with sufficient resolution and post it on this forum for everyone’s benefit?
Kind regards
Even I have recvd a mail from Nitesh…for 30 % of payment. They had even send across the copy of BIAPPA approval.
Hi
Have anybody got the mail from NITESH for 30% payment. I Have recevied the Demand Note for 30% payment.
But as on date BIAPPA Approval is not done.
Awaiting for reply
I spoke to Kunal, hard copy of BIAPPA approval is expected within 2 days.
Hi All,
I have created a Yahoo Group for Nitesh Island to share any news, concerns, progress and transactions about Nitesh Long Island with the plot owners.
Please subscribe to
My Plot# 120
Thanks
Radha
Hi Radha,
Already one group is created and active in google, please join that ( plz see further discussions below)
Lets all contribute and discuss in one group so that issues / concerns won’t be missed out, thanks
what is the google group name.
Hi another group member (ksk i think) has already created a google group for nitesh ling island.
So for efficiency would prefer if all the owners were members of one group istead of two
Thanks
Desikudi
Hello Radha,
I am planning to buy plot in Nitiesh,please share your reviews?
Regards,
Sashikala
Yes we also had a similar email. But they are not answering the question related to Biappa approval – its best if they are transparent with all of us , more confusion if things are hidden
Please join the google group discussions ( please provide your plot number details to the admin – Mr. Ran is managing this, so that you have full access to contribute to owners group)
Lot of mails and suggestions already going on this 30% payment and BIAPPA approvals.
Please share your views too in that group.
I suggest one take the lead in handling this 30% payment issue ( in case of approval not in place – lets wait for 2more days for hardcopy as some one said in the mail) and we all support this lead and follow the same suggestion. This way the the right msg will go with more weight.
Thanks
Hi, t
I already joined the group.
Awaiting for further suggestions .
..mkk
Hi
I joined yahoo group. But there I find no much members. Pl give me link for joining google group managed by Mr. Ran.
Thanks
…mkk
I also subscribed for Mr. Ran’s google group. It is still pending for approval. We need a group which is very active.
Please subscribe to which is started by me a week before. I’m reaching out to other plot owners as well to join that group.
I too received demand note for 30% payment by 27th June . Every time I call them they say it is expected in a week or 4/5days. Is it risky to pay 30% amount now without getting BIAAPA Approval till date?
Awaiting for your views.
Thanks
….mkk
I agree with you. BIAPPA approval is expected in a couple of days is a standard answer by Marketing folks. Let us pay 30% only after BIAPPA approval is received and it is verified by a lawyer.
Regards
RK
Soft copy of BIAPPA (Sanctioning Authority) Seal has been received from Nitesh this morning. Once we have the hard copy of all the necessary documents and verified by lawyer, we will need to make 30% payment for Sale agreement. Any comments / concerns?
Ya. Received the soft copy, which contains a small part of approved layout drg. But the Layout approval reference no. BIAAPA/TP02/LAO/352(A)/2012-13 dated 20.06.2013 as mentioned in the soft copy, has not yet been listed in BIAAPA Web site. Also, name of the Layout i.e. “Nitesh Long Island” has not been found in the soft copy drg. Any comments…
…mkk
Which one of Nitesh Long Island or Sobha Landscape is better to buy from long term point of view? Nitesh is on highway but 10KM from airport where as Sobha is closer but on IVC road which has narrow entry due to level crossing. Price is almost double for Sobha. getting half the size plot in the same price point. Which is better option?
Buy NItesh as its appreciation potential is more than Sobha landscape.
Hi
Any news on BIAAPA Approval.
Hi,
I heared that the corner plot will come under only in the phase 3 BIAPPA approval , is it true can any one comment on this……..
Futher Till the release of site from BIAPPA , NO BANK WILL PROVIDE LOAN. Is it true…….
Awaiting right answers.
Regards
Hi Vijay,
I am not sure about the corner plots and their release by BIAPPA and also about bank loan. It makes sense about the bank loan not being given before BIAPPA approval because till this time, Nitesh has not come asking for the first installment. I guess, it could be because they are waiting for the approval so that bank’s can provide loan as most of their customers will be relying on bank loan.
Regards,
Ran
Hi Ran,
As some one said sales team told them that 80 plots are sold by 1st week of may, where are these owners? Did you see all of them joined in NLI owner group ( as I see only 10 to 15 are actively participating in issues / discussions – sorry if am wrong ), or any other group formed or they haven’t seen this website
What is your view on no of sites sold so far ( based on no of users joined our group).thx
Regards
Hi Ksk,
There are 31 members in the buyers forum now but the no of active members are very less. As you pointed out some time back, I am thinking of asking for allocation letter from them as I am forced to believe some of them are not genuine.
Also, there is a case that some buyers are not in the forum but still more than 50% not in forum in this tech savvy age is a bit hard to believe.
By the way, seems like you are participating in Shobha landscape also. Did you have investment there as well?
Regards,
Ran
Hi Ran,
Correct. I am just sharing my analysis and am yet to decide on Sobha Landscape. Before committing to NLI, i was looking for Sobha first and some of my freinds are already Sobha customers and hence they share some inputs with me.
BTW, am genuine owner of NLI plot and i will share my allotment letter in direct mail to you 🙂 Hope this clarifies. Thanks
Regards
can you pls share me your contact number..
Hi ksk,
Can you give me your email id or contact number. As you are an owner, I’d like to discuss with you on your experience. I have booked a plot here and have some questions.
Thanks for your help.
Regards,
MSB
Hi,
i have invested in Nitesh long Island. Is there any owners group? I would like to join to know more details about project development.
I am reachable at
Thanks
Hi
SHOBA CANVAS PHASE 3 has been launched last week & the price is Rs. 3671 per sqft. If it is compared to NLI , NLI Price is quite good.
Why there is huge price difference in these two builders ???? Any comments ….
Regards
Hi Vijay,
I really think the price quoted by Nitesh is very reasonable when compared to sobha. I am not sure, who will buy sobha landscape for such prices? That too see the amenities they are offering; very minimal when compared to Nitesh. . Nitesh is bit far when compared to sobha but still I would rather drive 10 minutes than spending another 30 lakhs in an area where everyone is speculating to develop. With easy access via NH7, I still think Nitesh is a good deal when compared to sobha and the price would shoot up once they get the BIAPPA approval. Last week, I had a site visit and saw the markings done by highway authorities for NH206. So what Nitesh mentioned about NH206 going via that part is correct and will provide good access as well. I am very confident about the project, provided Nitesh delivers as promised. Also, I checked hiranandani, confident ( commercial project ) is within 2-3 minutes drive ( not 0.5- 1km as someone mentioned earlier. It would be 2-3 km but 2 min drive in NH7) Confident adonis is very much inside and even Brigade Orchards is inside from NH7. Comparing all these, I feel Nitesh is a good deal.
Regards,
Ran
Hi guys
It is really pleasant surprise to find genuine buyers talking about genuine problem.
Are you guys planning to stay in Nitesh Long Island in next 2 years ?
About water ….. this really scares me…. if water is an issue and it worsens over time (as so many projects are coming up) then it become inhabitable. so do you guys feel confident that govt would do something ? I dont have any faith in any govt body.
ashoke.
Hi Ashoke,
Even we are worried about water. Nitesh sales people told they will provide some bore wells but it won’t be enough for sure. we might have to depend on tankers ( most parts of bangalore are relying on water by these tankers ) Also, as some one mentioned, we might have to rely on treated water for other needs. I have a doubt, when i visited the site, I could see grape vineyards near this property. So, if there is as much water scarcity as everyone is telling, then how are they cultivating there? Grapes doesn’t need much water? I am not sure, hence asking in the forum?
Invites comments from knowledgeable members.
Regards,
Ran
Hi,
Sorry I meant NH207,,not NH206 as mentioned in the other comment.
Hi All,
I was looking to buy a plot near BIAL and was doing research when I came across this forum and found it helpful.
I have been talking to Ozone and Shobha and both are quoting 3500/sqft.
Can u please guide me what is the prevailing price in this area.
From what I understand after reading this forum is that Nitesh is on the lower side, will talk to them tomorrow. But any idea why is Nitesh lower than others.
Any tips/advice is appreciated.
Regards,
Arjun
Hi Arjun,
Please let us know also, if you find any interesting facts during your research. When I talked to others, many were mentioning the rate around 1300- 1700 in that area but premium builders will charge more. Nitesh is after airport trumpet and approximately 10 km on NH7. Perhaps that is why they quoted less. Moreover, they did not have BIAPPA approval. ( They are telling they are expecting it within a week time. Not sure how far it is true but i hope they will get the approval soon, after which, I expect the price to increase) Guess shobha has the approval already. Not sure about urbana though..
Regards,
Ran
Hi Ran,
If i understand correctly, sales team told they have approval for Phase-1 and it is like ready for registration for plots in phase-1?
Any one from Phase-1 have some update from sales? Please share. Thanks
Regards
Hi, Phase 1 is also not approved, from the past one month the sales team is telling that they would get approval within a week
Hi KSK,
My plot is in phase 1 and I have not yet heard from sales team. Last week, I did a site visit and at that time, the sales person told, they have already paid the required charges and is expecting the approval in a week time.
Regards,
Ran
Hi Ran,
this is bad,
when i booked the plot, i have been told it has got approval for few sites and i asked the approval number for bank loan. They told they are in talks with HDFC and they will give us shortly
So i was under impression that there may be something ready for registration and those sites are for less rate as they are paying the entire amount now, unlike for phase 2 or3 waiting for 2 to 3months time.
Probably this was a marketting gimmick 🙁
Thanks for sharing this
Hi Ran,
will share what ever I find out.
Till now what I know is that this Area BIAL and proximity will be livable in about 6 to 7 years.
Water is a major challenge in that Area.
Metro will be up till Baglur Jn only so u can’t rely on Metro.
Basically If you can get something before the airport that will be better.
Whitefield is another Area that can be considered.
Hope that helps
Regards,
Arjun
Hi Arjun
It is simple , why Nitesh is less price than shoba & ozone Urbana is because, Nitesh is developing in joint venture since it is plotted development the land owner is some one ,NITESH Need not invest here and also 90% of site value will be taken within 90 days of Agreement. So he will have cash in hand without any investment.
Further plot project wont take much time like appartment. And his rate are not low compared to other developers like Confident group or Chartted developers,
Regards
Hi Arjun,
Did you talk to nitesh’s team? What’s the update and rate they offered? plz share, thx
They are ready to offer at 1900 per sq ft, I am sure If I negotiate further they will give for 1800
Regards
Arjun
Hi Arjun,
Thanks.
Probably 1900 as a base price they would have offered if they believe that cheque will be presented soon,
BTW are u asking for north / east / corner / park facing plots, if so i am bit doubtful that 1900 will be the offered price incl. all .
I agree that it depends on how we negotiate, please share your final negotiated price.( if you don’t mind) This will tell us how fast the sales are going. Thanks
Hi Arjun,
Any update from your side, thx
I’m planning to book a north east corner , park facing plot for Rs 2175/- i.e [1900 (Base Price) +190(corner) + 100 (east/north facing) + 50 (park facing) ] with Rs 75/- psft discount. I will be finalizing it in a week of time. Any comments please?
Hi Ark,
1900+ 190+100+50 = 2240
Minus 75 = 2165 ,
so this is the price you have been offered I guess ( after nego)
btw, i think nego depends on :
1. Which side of NH you choose
2. Small site or big site
3. Corner position ( which internal road and size of the road)
4. The interest you show and how quickly you are ready to give the cheque etc
5. Phase ( 1 / 2 / 3)
If you leave corner and park facing extras, the base price is good I think, but since you choose these extras , the price added up more and they know that this kind of sites will go anyway and hence such discount( comparatively with other sites) and final price
May be you choose diff site w/o these extras and see how-much discount you get, then you can compare which is best a/c to your interest and choice, lets us know the final outcome, good luck!
Thanks KSK
Side where commercial / club house located
3rd internal road from the left (Entrance to layout from NH)
Phase 3
I’m very particular about choosing the premium one (NE corner, Park facing) because when I want to liquidate it will be easy.
Yes final price would be 2165/- is it good price?
Site dimension is 40 x 70
Hi Ark,
If you like the project and you have done enough R&D in similar other projects and if you made your mind close something soon, then take the cheque book and go to office and further negotiate, I think still there is a chance for further nego ( provided no other party shows the interest / asked to hold this for a while ( sales team may say that few others are in Q for same site etc, but no need to believe all those), since it looks like a premium plot and big size difficult to tell the good price but try again n again ( if you really like it)
But ask for clear commitments on approval,water,NH alignments, maintenance etc ( if they can’t assure any as of now then further nego), good luck.
How does Nitesh plan for the water here, Its a dry land. Water is not there even at 2000 feet. Project looks really good, but I seriouly has to think on the water. The flats where I currently pays tanker a sum of 60K monthly, Its only 20 flats.
Hi Jai,
The sales guy told me that they will construct 6 – 7 Bore-well as of now.However he also admitted that there is scarcity of water in those areas and they are not sure what will happen after 2 years.After project completion if Nitesh is still in charge then they will take care of this but in case the residents form a society then it will be on us – the residents of that society to take a call on what best can be done in case the water table goes down.
Regards
Misti
Hi Jai,
Water is indeed a concern. However, if you could check the internet, there is a lot of proposals from government related to water crisis in devanahalli and related stuff. Govt ought to help its citizens on these basic amenities. With lot of investors ( both national and international) let us hope they will act. Water is a problem not only in devanahalli and most parts of bangalore has this issue. The members/developers also have to contribute by doing rain water harvesting etc. Please take informed decision.
Regards,
Ran
Hi Jai
As rightly informed there is serious water problem in Devanahalli surroundings. For the same reason PCB ( POLLUTION CONTROL BOARD) is not permitted the 5 star hotel in the surrounding BIAL even after more than 5_6 years after the BIAL has started its operation.
The solution is we have to depend on tankers and ready to spend Rs 3000 – 4000 per month min. However Prestige Golf Share villa project has requested GOK for treated waste water , NLI Also shoud approach for the same. This water can be used for other than drinking purpose.
This is only solution for Bangalore extended areas.
ALL THE BEST
REGARDS
Hi Jai,
where do you stay now…are you staying in Devanahalli ..near Nitesh property? can you please be more specific? There are lot of developments beyond Nitesh property…how good are they? any idea on the progress of Ozone Urbana? what is the current price there?
Hi Vijay,
I have finalized a 2325 sq ft plot at Rs 2140. The plot number is 61.
Hope this helps.
Hi Misti,
is it 2100 or 2140 (final sft rate)
Earlier you mentioned 2100. is there any increase again within 2 days 🙂
Thanks.
Hi
can anyone guide me for best price per sqft and location importance
Hi …
I spoke to one of the sales guys today and selected a plot of 2325 sq ft which is East & South facing with a park view….initially when i started communication with Nitesh team they quoted me Rs 1900 /sq ft . yesterday they have send me a quotation of Rs2300 / sq ft and mentioned NEGOTIABLE ….also i am looking at PHASE III which still doesnt have an approval and only HDFC bank will be financing as other banks will not finance without approval …HDFC will do as the whole project is financed by them ….. completely clueless about what to do now …. expecting some suggestions from people who have already bough as plots are selling like hot cakes
Hi Misti,
Please try to negotiate. I hope you would get a price better than 2300 but heard that most of the east facing plots have gone and hence there is a hike in price..
Good Luck
Regards,
Ran
Hi Ran,
I did took your advise and negotiated and got the base price reduced to Rs 1900.
Also i cant afford east facing so i settled for south and west.But i am happy coz its still a corner plot with both side open and one side is south facing.
Hi Misti, congratulations! Please join the site owner’s googlegroups for Nitesh Long Island for discussing with other site owners.
Hi .
Please do send me the site owners group link so i can join there . It realy feels good to know my neighbours specially when i am not present in bangalore in person 🙂
Hi Misti,
If you deduct Extra 50rs for park view and 100rs for east facing, you are getting 2150 as a base price.
If you have booked it Ugadi time, you would have got some price (Probably Minus 200 to 250 or more on current base price),
if you would have booked two weeks ago, you would have got another price (Minus 100 to 150 or more on current base price).
But I understood that, for every 30 or 40 bookings, the rates are being increased from 50 to 100Rs.
If you like the project,location and builder, then better make your mind asap. Otherwise, there are always lot of pre launches from other premium builders and you may wish to try those
( ofcourse all are not plot dev)
Hi Ksk,
I have negotiated the base price to 1900 and with corner and park facing i have rounded upto Rs 2100 … I did have a look at other builders also …Brigade Orchard booking is full …only 3 flats left all West facing … Other was Hiranandani upscale,Prestige & Sobha all of which were not in my budget right now ….Also my brother had booked apartment in Nitesh Hyde Park Bannerghata Road and he is very satisfied with Nitesh …. So i am also confident in Nitesh
Hi Misti,
Congrats and welcome to the group.
I think you got a very good offer with the recent hike in price.
considering corner 190Rs (10%) and park facing (50Rs) with the base price of 1900Rs, it should be 2140Rs, But still you got 40Rs more discount = 2100Rs, which is very good i think.
This could be because of west facing + existing customer relationship with you/your family which is good.
Thanks for sharing the info. Lets contribute the group created by Ran.
Regards
Hi Ksk,
Thanks for welcoming me to the group . I have done a small mistake in my calculations last time .. U were right .Base Price is Rs 1900 , Corner Rs 190 and park facing Rs 50 extra…Total deal is for Rs 2140 …With all other amenities and etc charges the total figure is Rs 5,326,725.00 for a 2325 sq ft plot ( Without registration which they quoted will be around 6% of the total cost and will be required during handover)….This time i have kept my cost sheet open while calculating to avoid any mistake 🙂 …However i have payed the booking amount of Rs 3,00000 and finalized it 🙂
Hi Misti,
Thanks for the info. I see that you took some time to do R&D and by the time you made your mind, they would have increased the price.
Anyway, It is a good corner and park facing but only thing i dont understand is why another road connecting to 24m Wide MP Road, when there is already entrance to this layout. Did you / your bother ask the sales team about this?
(Probably another entrance for public to go to another layout / commercial site (plot 74) ??? )
Regards
Hi Ksk,
There has to be a main road inside, otherwise how will the residents commute.From NH – 207 we enter the campus or gated community of Nitesh,but inside we do need roads to travel internally from one side to other or to access the commercial shops or parks etc ..right …so we do need roads as well apart from the entrance from highway …i honestly did not understand your question…will you please clarify
Regards
Misti
Hi Misti,
Please see the layout plan provided by sales team (soft copy)
There is one main entrance with red arrow mark next to plot 194.
At the same time, the park next to this entrance (right hand side – park6) should be green in color as shown in this website and also in Nitesh website, But there is a another road going inside this park, in parallel to 12M wide road near plot 74 and 62.(These two sites may have 2 roads on south side )
Am talking about this road. I think this is small catch if we observe carefully. Let me know if you still want to share the layout plan i got from sales team which has the issue.
All : comments are welcome.
Hi Misti,
Did you check the above. Thanks
Regards,
Any comments from others on this! ( owners from 62 to 72 plz)
Looks like somehow this is missed by Misti 🙂
I think you are right KSK.
There is a 24M road coming from 164 plot end to NH207 entry point on the right hand side of main entrance for the private land owners.
Regards,
AK
Hi Ksk,
Sorry for the late reply …i went for a California trip for 15days 🙂 … was not even touching my laptop for those days , so dint check any discussion …please give me a days time … i will check the map tomorrow and then join back the discussion… by the way, i got my allocation letter for plot # 61.
Regards
Misti
Hi Misti,
You mentioned that your brother had a site visit. what is his feedback? Just wanted to hear others opinion as well..
Regards,
Ran
Hi Ran,
Yes my bro went last Monday for a site visit with one of the sales guy. His feedback to me is :
1 He told me to keep in mind that this is just a plot and i need to spend another huge amount for building the house. He was trying to convince me to buy an apartment giving the fact that ROI is better in apartment as u can give it up on rent immediately after possession which u cant do with a plot.
2 He pointed out to me that after 18 months onward i will have to continuously bear the maintenance charges and it will be a burden if i don’t build a house and start staying there .
3 He asked me to see Urban Ozone and Hirnandani plots as well ( basically to keep my options open with other builders around that location before finalizing this)
4 Exactly opposite to Nitesh Project is Prestige Project and the location of Hirnandani and Sobha is a little better – But almost all project are at a difference of around 500 meters to 1 Km … Not very far from each other.
5.Finally he asked to me look at another project of Nitesh – Coloumbus Square – which is in Bellary Road .
Also one of his observation is he asked the sales guy that whether majority of the plots are booked and the sales guy smiled and kept quite. My bro himself being a sales manager took a clue from it and mentioned to me that the good plots are being kept on hold by Nitesh …they are saying that they are sold but they will release it at a more higher price once the approvals are obtained … But again this i am not sure off as this is just an observation which might be wrong as well.
Regards
Misti
Hi All,
I asked my friend to confirm if the site /layout photo as shown below is true and he confirmed that the sites / layout status is not like this.
http://www.proptiger.com/p-nitesh-long-island-devanahalli-bangalore.php
As of now, there is no work yet started and it is just empty land next to NH.
Hi All,
Can any one who is familiar to devanahalli area double confirm the below info from one of our friend. I think the other projects are not that near by.
=================================================
4. Exactly opposite to Nitesh Project is Prestige Project and the location of Hirnandani and Sobha is a little better – But almost all project are at a difference of around 500 meters to 1 Km … Not very far from each other.
===================================================
Thanks.
Hi Ksk,
My bro confirmed that all project are nearby within 0.5 – 1 km distance from each other ..Totaly maybe within 5 to 6 Km all projects are loacted …
Regards
Misti
Thanks Misti. This clarifies
Hi,
I am planning to book a corner plot in NLI ….any idea if the sales team is negotiating the prices..Also i am currently in USA so i am talking to them only over phone …Any idea wether it is worth doing the investment without doing the actuall site visit ..
Do we have sales guys phone numbers? Is tehre Sales office in the location of the project
Hi Venu,
Sales office was there at the launch of the project not sure about now,However you can contact them at there mg road office
Before BIA
On a lighter note, why is the project called Long Island. I can understand the Long part (length is more than the depth). However, whole of Bangalore is reeling under severe water shortage and Devanhalli is (in)famous for low water table. There is no lake/river/water-body nearby. Then how come it is an island ? Or an island in the sea of layouts ?
>> why is the project called Long Island
probably trying to use US names though not at all convincing given the difference in infrastructure etc.
They have launched a project called Palo Alto near Sarjapur ORR – very close to tech industry (as in CA)
Long Island – away from city / NYC
but yes one also hears about water problems in that area, in tha sense, above analogy with Long Island / NY not really true
>> Or an island in the sea of layouts ?
multiple smaller layouts within this layout as layout seems to be fragmented?
or may be it is in island for people travelling on NH-207. they could see nice greenery as they pass through this layout
Not sure how many club houses. If only one, people staying on one side of NH will need to cross that everytime they want to go a club house or a sports ground
Hi
I have created a group for the buyers to interact each other and gain. Please find below the link for the google group.
https://groups.google.com/forum/#!forum/niteshlongisland
Send a mail to the group mentioning your plot no to get access to the group.
Regards,
Ran
I booked plot no. 112, east facing… I heard that Nitesh is a good brand, Hope they will complete the project on time….
All the best and Congratulations for Neighbours…
Ran
I had try to join the owners group of long island & also sent the request but no response.
How to proceed
Vijay,
You have been already joined the group.
Hi Ran,
How do we make sure only owners have joined?
Just plot number wont be enough right.
Even some one from sales can give some unsold plot number and may see what we are discussing about the issues ..Whatz your advice
Hi KSK,
At this point of time, it would be difficult to ask for more proof for the members to join the group.Honestly, if I have been asked more questions or proof, from some group owners, I would not have joined the group. So, let us hope all the members who are joining the groups are genuine buyers/owners. Also, during my interactions with the sales persons, I got the feeling that they are real professionals and good. Also, Isn’t it better, if they are aware of our concerns? Hope that would be an eye opener for them also and they work towards finding a solution.
Regards,
Ran
Hi Ran,
Its not about professionalism of sales team. Its just about how our issues are discussed and resolved inside this group. This is group is for the best interest of buyers and if they are genuine and want to join the group, i dont see any hesitation to share their allotment details.
I was just thinking the allotment letter should suffice for proving that the buyer is genuine.
On a later date, if we all have some common issue and if we try to discuss on how to fight on this issue, the builder might know upfront what to answer or how to play before we go to them. This is based on previous experience with other builders.
Rest assured that no other intentions in this input.
Thanks
Hi KSK,
I understand your concerns but the problem is not everyone has got their allocation letter. Perhaps we can try this at a later point. Can you please start contributing in the forum?
Regards.
Ran.
OK Ran,
I think all should get the allotment letter within one / two weeks of payment.Just FYI
Sure. I will join the group and start contributing. Thanks for creating the group.
What about the loan for this project? are they tie up with any nationalized banks?
Hi Sekhar,
They told us, they have tie up with HDFC Bank. They still do not have the approval and hence the chances of any nationalize bank providing loan is slim…
Regards,
Ran
Thanks Ran for the update.
Any one has Idea about Urban Ozone project? can any one share view on this project?
Hi guys, I met them today and they mentioned that they are in the process of tieing up with HDFC, ICICI, LIC, Axis, etc. They also talked about a possibility of SBI as well.
Hi everyone,
We are planning to book a east facing plot too. Any idea how Nitesh rates as a developer and how good his company is with regards to timelines etc? It would be greater if the buyers could share the price at which they have booked the sites in Long Island
Kind regards
Hi everyone,
We are also interested in booking a site at the Long Island project.Does anyone know how good Nitesh estates are on their delivery promises (schedules, timeframe etc)?
Also would be great if Syama and others who have already booked sites could give indication on the price ?
Good question, any one answer this please
Nitesh is a well known builder in Bangalore known for executing high quality project.
Yes !! It’s indeed a good project…and for sure will yield good in a short time. I too have confirmed a West facingg plot.. 🙂
Congrats Gopi.
Regards,
AK
The site location is very good. Looking at the pricing around other premium builders, Long Island seemed a good deal. I too have booked a corner west facing plot. All genuine buyer can we form a group of buyer to interact over there?
Hi, I also booked an E facing site in the layout. Do let me know if there is a group formed on Yahoo or elsewhere for Long Island site owners.
Hi Gopi,
Any specific reason why u selected a west facing plot? By the way, I also booked a plot but that is east facing and near the club house.
Hi topi,
Congrats..I have few doubts…on basis you say it is good investment for short term:)
BTW!
Nobody is giving their site numbers, so shall we assume that the positive comments are from nitesh sales team 🙁
Did any one really saw the feedback and reviews on previous projects and having no doubt on features n schedules
No correct answer from sales team on why club house will be delayed but need to pay maintenance + no confirmed alignment changes for NH207 + if delayed from their side what is the compensation
Did any one ask all these questions and got satisfied with the answers, plz share your views, thanks
Hi KSK,
Not sharing the site numbers because this is public forum. Please send your email id, I could give my booking details.
Regards,
Ran
Thanks Ran,
Can you please send the details to
Dear Ran, planning to buy a plot here. Would you plesae share your contact number else you can call me on my handphone 9538867620.
Regards
Jagadish
Sorry, it is gopi, not topi ( iPad auto text prob 🙂 )
On what basis you guys are saying location is good ? This is 20km after airport. Lot of properties near bial are available @1200 rate….am i missing anything here ?
Hi
Can any one tell why this LONG ISLAND project will give good returns. I have dout because the development of IT PARK , SEZ, AERO SPACE all are coming before BIAL THAT TO TO be in the Bagalur to BIAL ROAD.
THIS PROJECT IS MORE THAN 10 KM FROM THOSE DEVELOPMENTS.
CAN SOMEBODY TELL What is the developments nearby this NITESH PROJECT.
THANKS
Good thinking Vijay. However, 10KM is not a big deal when you have good access through Nh-7, hardly it will take 10 mins to that development areas. Moreover, It is from Nitesh. I’m planning to buy one, but if someone could let me know the price they booked for their sites would help me to negotiate price with them.
Thanks
Radha
Hi Vijay,
Please check wikimapia and you can see all the IT SEZs planned in and around this area in not more than 4-5 Km.
Thanks,
AK
>> CAN SOMEBODY TELL What is the developments nearby
NH-207
I too have same question. LONG ISLAND is not near IT PARK , SEZ, AERO SPACE.
I think Cargo Road ( Bagalur to BIAL ROAD via Cargo Road) is good option. I have seen 2-3 projects near Brigade Orchards and on Nh207. I think price on Cargo road is going to increase. Govt has approved Cargo Raod as 150 Feet road so looks good option.
I think Cargo road is between IT PARK , SEZ, AERO SPACE and Devanahalli so connectivity is good. both are 3-4 kms from Cargo road.
below news is good for Devanahalli area –
Wipro Infrastructure Engineering set up an aerospace actuator manufacturing facility at the Devanahalli SEZ earlier this year. The company has already invested Rs 65 crore in the 7.2-acre campus in the first phase to produce 2,000 actuators a year. The existing infrastructure can be expanded to manufacture up to 8,000 actuators per annum. The company hopes to double the initial investment over the next six years to expand capacity and add new product lines in precision manufactured components.
Hi Vijay,
I do not know about the validity of your statements. Even if It is true, I feel 10 kms should be ok when it is near highway. My logic was, if other big builders in that area quote around 2.5 Cr + for a villa, then if we get the property for 50L, u could constuct a house within 1 Cr and it should be worth the investment. I am not sure, how much Nitesh will honour about the specifications and facilities they are offering ( I heard, they are good brand but only time will say, if it is true 🙂 )but if they do honour those, it would be worth the risk we are taking and we get good appreciation once the project is complete. Also, they do not have the BIAPPA approval yet and that is indeed a risk. Hope they would get all the relevant approvals. The project adjacent to them is BIAPA approved and SBI is providing loan to them ( read in net ) so my best guess, is this also should get those approvals in due course..
Regards,
Ran
Hi Ran
Your assement of development and locality may be correcr. But what about the water as there is sever water problem nearby Devanhalli.
According to me getting BIAPPA Aproval is not problem. But water is the problem.
Regards
Hi Vijay,
I agree. Water is a problem not only in NLI but in the entire devanahalli area ( For that matter, can u find a place now in bangalore where there is no water problem?)
My logic is, If Bangalore has to grow, that growth should come from the devanahalli region and the govt also has to provide support. Hope there would be steps from govt regarding the same.
Regards,
Ran
can any one who has booked share three details?I am also planning to buy.
All those who are planning to buy can join together and go for group booking. i Think group booking can yield good negotiation.
Can anybody who has booked a plot share their contact details? I am planning to book one. I would like to contact you for few details.
Is there any negotiation possible in this project.
As of now, not much reduction from sales team
Any one got some good discount? Please share..we can go as a group. Thanks
Hi KSK,
I did not get any discount. I don’t think Nitesh is going to negotiate on pricing but its always good to give a try.
Regards,
AK
Hi AK,
I have sent a mail to the below mentioned your mail id but there is no reply. Is that correct mail id? Anyway, for any project there should be some discount, but here looks like more demand so no replies from sales team.. Please advice.. Thanks
They are giving discount 100 to 200 per sqft . Better try for further nego.
Allmthe best
Hi vijay, 100rs nego for east facing it self they are saying, are you sure that they are giving upto 200rs/sft, if so plz let me know, I would like to book one, thx
Hi Vijay,
can you plz help me on how to get 200 /sft discount..Thanks
Hi AK,
i saw the location today..and i also read another comment from other buyer in this thread as ” They are giving discount 100 to 200 per sqft . Better try for further nego” , But this was not the case when i started negotiation.
Is it based on selected plots / phases?
Any comments..Thanks
Hi KSK,
Frankly I didnt even give a try….. my bad luck… So not sure if its for selected plots but I think if you go as a group then it may help.
Thanks,
AK
Hi,
I had booked a corner plot and got discount. You can reach me at prabhu_smp AT yahoo DOT com for more details.
Hi,
I also visited the project & planning to book East facing , can some one tell is any negosiation is there in price.
What is the final price booked for east facing can some one share the booked price.
Regards
Vijay
I am confuse. I have seen few layouts on Cargo Road and NH207. Cargo road has good connectivity with IT, AERO and Hardware Park.
Price also looks more compare to Confident Adonis. location is good but have one more option to buy Apartment in Brigade Orchards also. Need suggestions
Hi Ramesh,
It all depends on your investment horizon and your personal choice whether to go for apartments or your own plot. Price is more may be because of location and good accesibility to main highway as compared to Confident.
I think it should be good investment if your investment horizon is 7-10 years down the line.
Regards,
AK
I find Confident is inside(not on NH207) and Nitesh has location advantage.
I have seen 2 more layouts – one on Cargo Road main road and other next to Brigade Orchards (south gate), both are asking around in range of 700 to 900.
is it worth paying 1900/- for brand when still don’t have BIAPPA approval.
Sobha Canvas on IVC road was being quoted at 3200 per sqft. When compared to that pricing, I think Nitesh’s pricing is nominal. However, after the approvals are received, I foresee a jump in the prices.
In fact current price of sobha canvas is 3600/- Please expect phase 2 launch of sobha at this price with new name may be “sobha landscape”.
Can you please let me know when phase 2 of shobha will be launched?
Today I had visited, shoba all the plots in CANVAS in IVC road has been sold, the second sales are happened last week for Rs. 3450/-.
Sales person from Shoba had informed, The next phase 2 of plot of shoba is releasing in june 2013 and the price would be arround 3500/- sq.ft.
If NITESH is developed the LONG ISLAND in the same way like SHOBA CANVAS it is GREAT FOR who have already booked.
ALL THE BEST!!!!!!!!!!!!
I visited Sobha CANVAS and its amazing…Nitesh or no other builder can provide the quality like Sobha so the premium they charge is valid
Hi Ramesh,
Can you pl let me know the layout name and contact details for the one next to Brigade orchards….? I think that would be a much better option… Though the Nitesh long Islands layout is good, there is nothing around it… So i doubt someone can live there even in 5-7 years….
Thanks,
Ranjay
Hi All,
Btw, I reached out to a sales person in Nitesh today and confirmed that BIAPPA approval is yet to be granted. So until then their Ad on papers will not carry BIAPPA Approved#. You can check the Ad on news papers that they did not mention BIAPPA aproved# in it.
I don’t think any buyers got the papers verified with Legal opinion Lawyers because approval is still awaited.
Regards
Krishna
Hi Krishna/Ravi,
Have you already booked the plot? If not, do you have plans to buy? I liked the property but in dilemma now because it is not yet approved. Also, they are taking most of the amount from us before the handover. Are they trustworthy? Is their any scope of negotiation regarding the price?
Regards,
Ranju
Hi,
I had a call with sales guy at Nitesh and they said the plots are already BIAPPA approved.
Thanks,
AK
If it is BIAPPA approved then they should be able to show the copy of Approval letter but they could not during my site visit.
how do we find out if they are BIAPPA approved. I asked the sales person many times and they always said that it is approved
Hi Divya,
Get the BIAPPA approval number from Nitesh and check it on http://www.biappa.in
-Vicky
I agree. I also looked up the project but there seems no clarity on approval. Instead I am looking at BIAPPA approved layout belle Vue, which also has very nice view of Nandi Hills. I was introduced about the project by DivyaSree.
Guys Sorry for miscommunication. They said that its having basic approvals and they are awaiting BIAPPA approval.
Also I heard from a third party that the prices are going to be revised from 1st may onwards.
Regards,
AK
Those who have been to this site ,
Looking at the map it is clear that roads from NH-207 to the layout will be open to other private property owners (outside of layout) and this is not a gated community at all.
Please correct me if I am wrong (want to check before driving 70 km for site visit)
You are right Ritesh! I visited the site and asked the same. When NH207 cut across the layout and there are multiple use roads of 60 ft and 80 ft are there in layot. How it could be a gated community. The answer from a sales person was “We will have many security gates at each entry / exit points on both the sides of the NH 207 and multi purpose (60 ft / 80 ft roads extend form inside the layout to outside) entry /exit roads.
Price is hyped, people are booking because of Nitesh Brand and Trust. I hope Nitesh honors the peoples Trust and deliver according to customers needs. Trust is utmost good faith!
Hi Krishna,
So do you mean that even owners of private land will be using the inside roads of the layout. I am under the impression that there will be only one entry to the gated community because thats what gated community means. If access of outside peoples is there then how are they going to ensure gated community funda n all and how wil they ensure usage of amneties provided to the Nitesh plot owners.
Regards,
Ashish Kumar
Hi Krishna/Ravi/Ritesh,
I see that there is no concept like gated Communities as such in Bangalore as per BDA. It’s just that other developers overrides the term gated communities 🙂
Every layout or plan has to give some percentage of their property for civic purposes which includes public roads and some open area which is for the public and by the public(read “us” here).
Please refer to links below:
http://www.hindu.com/pp/2011/04/23/stories/2011042350250100.htm
http://www.indianrealestateforum.com/bangalore/t-bda-ridicules-gated-communities-concept-bangalore-20226.html
Thanks,
AK
Did anyone booked? I am planning to do the same.
Thanks,
Ashish Kumar
is Confident Adonis a better choice compared to Nitesh Long Island?
My personal choice is Nitesh. Thoough I have seen that Confident has been better in on-time delivery but for residential plots Nitesh should have an edge.
Regards,
AK
I visited the site yesterday and like the project becoz it is Nitesh and it is closer to devanhalli than a lot of other ones which I have seen around.
but here are few things which are not clear
(a) Why Nitesh is only doing plotted development and not a villa project if this is such a great place or has potential. A lot of developers capitalize on upcoming Devanhalli, chikkaballapur but is it really happening or the investments are with 12+ horizon.
(b) The extended NH207 passing through the project may have some challenges and the sales guy was not clear whether the plan for the road is passed completely.
(c) Is it not too costly @ 1900 ?
Comments and suggestions appreciated.
Hi Ravi,
Its my speculation and think Nitesh is doing plotted development because they seems to be in need of urgent money for completing their other projects.
Regarding NH207, I am just thinking why are we saying as proposed NH207 when it is existing already?
1900 is indeed on a higher side may be because of brand value because other properties of low cost developers in that area cost around 1200-1300 psf.
Thanks,
Ashish Kumar
Hi Ashish,
You are right, NH-207 already exists. it is currently between Hosur to Dobaspet. As I was told by many builders (sarjapur, Hoskote and around Devanhalli) – it is as a part of larger development plan that the road will pass closer to their projects. Almost everyone capitalizes on 2 lane – NH 207. It is not very clear where it will really go from. I may be wrong but road vanishes now as soon after it touches devanhalli town or I have not been able to find it.
The expansion/extension plan is not clear. For all we know – the road may move 20 mts to right and left and the project will have be shelved. But I doubt this will happen- Hoping Nitesh team would have taken care of this already.
Even with all that – I am not able to convince myself to let go of this plot and what do you all guys think.
Hi Ashish,
My understanding on the “proposed NH207” was a by-pass to the Devanahalli town which is in the planning.
Prabhu
Hi,
Is it worth investing at this rate? We also had a site visit and liked the property. As someone mentioned, it is closer to devanahalli and near to highway. But it seems they have got approval for only few plots and they said, the others also will come through. Is it worth investing? How could we verify the papers before investing? Anyone already had a view on the legalities associated?
Regards,
Ran
Hi
Heard from a reputed builder that apartments are in surplus and there will be downward growth in this real estate sector as well, in the coming months. Hence mostly the major builders are concentrating on lay out plans. So keep in mind the recession in the near future.
hi Harsha,
What is your opinion on whether this is a steep rate for this area? (I recently saw Confident Adonis being launched at 1350 Per sq ft ready for registration). Nitesh is quoting Rs 1900 per sft. How good is Nitesh as developer?
Regards
sandya
One important thing to note in Nitesh Long Island is that “All inner roads are 40 feet and Multi purpose roads are 60 feet and 80 feet. Lot many amenities in a plotted development than any other builder provided in Devnahalli. The best amenities I ever seen in a plotted development.Usually these kind of amenities you could get only in Villa projects , you may have seen in a very few plotted development would have such amenities. However the price of 1900/- is not justified. It is in my opinion 300/- more than actual worth it is.
Regards
Krishna
Folks,
How many meter off the highway?
I visited the site and its about 50-70 mts off NH-7. NH-207 is proposed that will be cutting across the project. Its suitable to live after 7-8 years in my view.
What do u mean proposed NH-207? Nh-207 is existing highway
I also visited the site, surely an upcoming area given that it is Main Road facing property and hardly 100 meters from NH-7 and proposed NH 207 BLR-HYD-CHENNAI bypass corridor is going to cut across the project. So it has good approach for connectivity. It is located just a kilometer from Devnahalli town. There are big developments in that area including Brigade Orchids, Prestige Golf Shire, Hiranandani Upscale, Sobha Lifestyle etc. Nitesh is a reputed developer and it is his first plotted development with state-of-the-art amenities. Nitesh will do good development for sure. I would expect the minimum price to be around Rs 3000+/- by completion of this project which is 18 months from now.
Has any one looked into this site? What is the expected ROI on this. Also if I look from the perspective of living in there after 4-5 years is it worth?
Priyank
Hi Harsha
As per you is this a good investment? How would you rate Nitesh as a developer. This area is around 15 kms from BIAL opp to the turn of Nandi Hills close to NH. Does it make sense to invest here at this rate?
Regards
Maneesh
We three people have already booked our east facing plots last week and we are happy about it.
Hi Syama,
Congrats for booking. I have also booked one east facing plots. Which plot number and phase you booked? You can send me mail on ashishUDERSCOREnitd@yahooDOTcoDOTin.
Regards,
AK
Hi Bintu
I am planning to buy a plot now. Its almost 18 months time passed since you left the post. How is the price trend now?
Congratulations Sayma. if possible, Can you please share the price at which you booked?
Hi Syama,
Congrats!!!
Can you please share the layout plan and the plot sizes they are offering? Please send it to my Mail id .
Thanks.
Bharathi
Hi,
Just a google search on nitesh long island will give you the layout plan and the plot size details…
Regards,
Ran
BTW..Heard that prices increased (100+) from May 1st onwards and most of the east facing are sold out 🙁
Yes you heard it right. As per Sales guy more than 80+ plots sold out and prices increased by 100 Rs from 1st may. Not only that after 125-130 plots they will close this phase 1 and then phase 2 will open at a base price not less than 2500 Rs per SQFT. I heard that all 330 plots will be sold out in three phases.
Regards,
AK
hey ..i booked in Phase III and at 2150 / sq ft …Phase II is already started i guess …
Can you tell us what were PLCs applied on your plot making it a total of 2300?
Hi,
When i initialy booked base price was Rs 2000 / Sq ft , corner plot Rs 100 , South / East Rs 200 and Park facing Rs 50 all together sum upto Rs 2300 / sq ft .. However good thing is i negotiated and they reduced the base price to Rs 1900 as per their first confirmation prior to the price hike…I also had to cut down on South / East facing as it was going beyond my budget …So finally i settled for South Facing corner plot with park view with a total of Rs 2100 / sq ft …However my brother has gone for a site visit yesterday …I will speak to him today and then finalise
Hi Misti
At what price you had booked, two rates you had mentioned Rs 2150 & Rs 2100 which is correct.
Can you share which plot inumber f there is no problem.
THANKS
Hi ksk,
Even, when we booked, the sales person was telling, it has increased.. we were thinking it as a marketing trick 🙂 at that time..
Ha ha ha even I thought the same 🙂 However I think if people negotiate then it should be possible to reduce the price by 100 Rs. I think it all depends on how we negotiate, though I did not get any discount.