Hi Joshim

Elena is a good project, if it is first venture also construction quality seems to be good, more over BDA approved and no deviation from the original approved plan, the approach road of about 15 to 20 meters yet to be widened when i spoke to Mahendra they said all the 4 small buildings next to wipro compound till project belongs to Mahendra Only,they are going to demolish those and widening the road and also building commercial  complex , when i checked legal with my advocate   he gave  positive reply . i met few of those already booked at the site last sunday every one says so far everything is fine :-),  work is going in good phase,  initially i was also little scared because its first veture, but they are in the construction industry from quit long, Mahendra Basically a group of BRC which is a known brand in Bangalore, one more their group company is Land Mark which is also a known brand, i have booked 4 BHK flat no is 505 in block -A. also i got the finance from SBI,which gave me little more confidence because SBI do the strict legal(this is what everyone says, i do not know how far this is also true :-))

i do not know much about Requizza, Requizza plans are good but none of the units suit my vaastu requirement, also some of my friends had some approval problems in some of the aratt apartments, they have changed the plan at the time of construction etc.

pls get the experts advice before booking.

Vivek Gupta

Thats a tough question to answer keeping in mind that both the builders are considerably good.
I was also in this state of confusion so decided to start analysing all the properties in electronic city.

Both projects have its advantages and disadvantages.
Mahendra already started the construction but I had heard that the gold coin club company had recently run into few legal problems with their clients. I also saw few of their ads saying the possession date was 2013 dec where as they started construction in sept/oct 2012 which clearly indicates that they have already delayed the project.Their floor plans are not so promising and the price was a bit on the expensive side and I also didn’t want to take a risk with their first venture.

The first recommendation i got for a project in electronic city was aratt requizza. Most of my friends recommended them but i wanted to decide for myself. Aratt is major builder and lots of people recommended them but i saw few remarks about the approval delay for one of their project but this is common in almost all major builders. The main eye catcher was the floor plans. They are offering a very big 2 and 3 bhk compared to elena and the price is also much lesser(2800 as of dec). After analysing the risk factors,advantages and disadvantages i came to a solid conclusion. Since this was a life time investment and most of my friends recommending requizza i went and booked in requizza. Now since they have got the approval which is the same as the one they showed while booking and the construction has also started.

Deeksha Kapoor

Deeksha

Project started in september and december 2013 is the possession , i do not understand how you say that its delayed ? its a 7 floor building and already til 4th floor its done and block work and plastering also going on .  im surprised to link gold coin club to mahendra homes, just go to their website  they clearly say they own other 2 companies which in BCP and BBM, ( Bharath Concrete  products and bharath blue metals.

congradulations for your new home @ aratt . all the best

Let me give a fair and right advise.

1. When you buy a home, first thing you look is space, not only inside your home also some space out side to roam, for fresh air, where babies can play, you both can go for night walk and so on. so respect space, Green space. smaller project don’t have this thing. 1 Acr land, how can you think of a park, I have seen 1 Acr project several places, they all looks like concrete jungal with no greenery, no fresh air, no out side space. so choose the project where you have at least walking/ jogging space.

2. Vastu, there is a book i have read, Vastu says sleep on ground, where you and mother earth can meet. so now here if you don’t follow 1 rule of vastu and follow 100, that mean you are not following fully, it is like in a market you see a board “mineral water bottle for Rs 10” we have done all the checks, filtration, except 1, no one will buy that bottle, or a keyboard with missing space bar, no one will buy, a farary car but break may not work some time, will you buy that car. never. so if you talk about vastu, Buy a villa, not a apartment and sleep on ground. I am not sure if people who are big and famous are following Vastu, but they are rich, popular and famous.

3. Don’t ever think that what you see on broacher you will get. you will get only less than what you see even if you talk about big builder or small builder, case is same.

4. Comparison on Cost, quality, and what you get. Cost, Mahindra is always expensive, because of name and fame. Quality the new project Aratt requiza what we are referring here is totally different bread, structure it self is form work by using aluminum makes building strong, very strong, finish product is a  class. Space is more than 80% of super buildup, so lets leave this as the building it self is like what construction quality used in US and Dubai for sky scrapers make it stay there for more than 100 Year, not conventional 20 – 25 Years. conventional blocks consumes this space and builder do not bother as he charg on super buildup not on carpet area. also Conventional block which are used in all projects including Mahindra one is like you put block and to holes on wall to fix pipes, wire and sentries, that leave seepage, even in new flats like this have seepage issue. what you get is the price what you pay, DLF as initially they have asked for 2500 per sqft, now in one project they have increased it to 4000 per sqft, but as earlier you have charged 2500 per sqft then we can under stand that the cost of project is definitely less than that, now after approval you got you charging 4000 per sqft. so guys keep in mind that more than 2500 Per sqft what you give is just the profit and ask for negotiation.