Dear you are just talking about the base price plus vat plus service tax plus car park plus bwssb plus amenities plus this plus that 4200 becomes 5300-5400… 5700 becomes 7000 almost.. I have done the calculations even with blood hound landlords of bangalore its cheap to rent a place rather than buy it specially given the prices and income level of the people …

Thanks atulastra,

Yeah i agree with you, now-a-days people are able to shell out 5+ K per sq ft also. I wonder why people have become so insane and want to put their hard earned money. On saturday i enquired in one project called Assets Home , he is selling it at 5.7 K per sqft. Common guys what happened to investers in so dry market to force their hard money to invest at such high price.

Yeah i agree with you, now-a-days people are able to shell out 5+ K per sq ft also. I wonder why people have become so insane and want to put their hard earned money. On saturday i enquired in one project called Assets Home , he is selling it at 5.7 K per sqft. Comm’on guys what happened to investers in so dry market to force their hard money to invest at such high price.

Planning to book a 2BHK. I checked the other properties of this builder and they are quality buildings. Lake view plan looks very beautiful. Is the locality good to invest in ? What about the rent perspective and future development? Graveyard should not be a problem – Its at the end of the road. Mosque has set number of prayer times so should not be disturbing much with the loud speaker.  I checked the lake side and did not find stinking problem. The only problem is the lake outlet and the associated problems (like mosquitoes and the vultures).

Can anybody tell how far is the cemetery from orchid lakeview. I understand there are 2 cemeteries in that area from above conversations. Where exactly are they? Is it next to orchid lakeview?

Nesara,

I visited the property 3 times, i did not notice 2 but yes there is one near the temple. On the right hand side (if going in the orchid lake view), there is a mosque and left side there is a temple. Its after the temple. Its quite distance.

There is a yahoo group, can we all prospective buyers and owners join this group to have secure discussion.

http://groups.yahoo.com/group/OrchidLakeView_BLR

Hi All,

I liked both the project and builder and looking forward to buy. Will appreciate if anyone can guide me with pricing..

Thanks,
Chitra

Everything looks good about this project. I am actually not worried about the mosque, temple and burial ground. I do have one concern: the lake. Though I love the idea of living adjacent to such a large lake but I am kind of worried about the structural robustness of an high rise adjacent to a lake. Are there any chances of the soil bed being loose since the project is so close to such a large lake? I mean, in the future, does anybody see structural imbalances in a project like this. The project is approved by BBMP. Wouldn’t BBMP have considered these concerns before granting approval. I am not sure, hence this question!

Also, does anybody see an issue around Belandur Lake encroachment? I understand that the project is approved by BBMP but so was one of the projects by Sobha on Ibulur Lake. But due to encroachment issues the Sobha project had to be partially demolished. The unfortunate thing is that the authorities who approve the projects in a haste are the ones who demolish parts of the projects due to environmental issues.

Hi rohit,

there is no problem with lake encroachment in OLV. All legal docs are fine.. And its not on wetlands of lake, so should not be an issue.

Yes, soil doesn’t look hard on surface, but when I enquired about the same concern, I understood they have done piling foundation for this project!! This type of foundation is done normally for bridges on water, very high rise sturtures, etc… Even people who have booked during Oct13, also said this foundation looked very advanced ???? …

So peace of mind! ????

Hi Bhupinder / Ashok,

I am looking at this project.  Can you please contact me from my email id:

Thanks,

Ankit

I went around the project today and the mouth of the lake just across the project and full nalah from there towards mantri commercio filled with white froth, not sure what that was.

Further another small worry is the area around the project would be dusty and noisy till the other projects come and get completed, as all the area behind and around orchid is fully vacant.

Also the builders are trying their best to cover up the sides of nala with planting bamboo plants on the sides till their boundry compound walls, but would other buiders continue the same for the continuing part of the nala which is so much visible from the project on D,E,F sides.

Would they be able stop the people from dumping the garbage on the mouth of the lake which is across the project. This garbage dumping is one of the reasons why this lake has gone that bad and stinky.

Again on driving down the road on the lake towards Yamlur, you would notice huge pile of garbage dumped on the land few meters away from the project. How could this be stopped.

Till these things are addressed properly, no matter how good the project be, the filthy surrounding seems to take away all the shine with it

Hi Guys,

What’s the current price quoted for the project. How is the construction quality. Will they be able to deliver by second half of 2016(as claimed by their sales team)?

Ashish

Hi,

I recently visited the property. Liked the building, construction quality, though not sure of the Bellandur lake. From the comments above, seems like the builder has been saying the lake will be cleaned soon enough. I got to hear the same. For those who bought one, would you still recommend it? Please do reply, I have to decide quite soon enough. Quoted prices is 4750. To what price shall I bargain?

Thanks,                                                                                                                                                                                     Sumit

Agree with you all on prices being so exorbitant. But at least their paperwork and legalities appear to be in order as they are checked by Zippserv lawyers. Click here to read their report –  https://cp.zippserv.com/bangalore/goyal-orchid-lakeview-bellandur/OzBo

I agree that the prices are exorbitant.  But at least their paper work and approvals seem to be in order. Please look at the report done by Zippserv on this project. https://cp.zippserv.com/bangalore/goyal-orchid-lakeview-bellandur/OzBo

Agree with you all on prices being so exorbitant. But at least their paperwork and legalities appear to be in order as they are checked by Zippserv lawyers. Click here to read their report –  https://cp.zippserv.com/bangalore/goyal-orchid-lakeview-bellandur/OzBo