Can i buy a site under Due associates at hosa road

[kiran4924]

Is it possible to get the list of plots IDBI is planning to auction? I am sure IDBI wouldn't be selling it at the registration price but they would be auctioning it at market price only. I came across this auction notice on the internet where IDBI was planning for auctioning some of Duo Associates' properties in Yelahanka sometime in Nov 2012. They are quoting Rs.2800/sq. ft. which is definitely not the reg price in this area.

http://www.tenders.gov.in/viewtenddoc.asp?tid=maha525604&wno=1&td=TD

[amolskh]

Hi kiran4924,

What is per sq ft cost offered to you in Duo city.

Anyone else knows recent Per sq ft cost in Duo City.

Please let me know

[shabini]

I heard one plot recently booked for 2825 per sq ft.
looks like only couple of sites which are cancelled are available....

[kiran4924]

I bought an east facing plot in Dec 2012 for 2650 per sq ft. But I am surprised if only a few plots are left, I guess there should be some plots available in unreleased part of the land!

[shabini]

Last week i visited layout.
If we continue further from the layout towards nice road direction and take right....it leads to begur lake,,,,,
Earlier this road was not motorable as there was some drainage slab was not in good shape,,,,,
Now it is repaired ....now four wheelers can easily take this road...to reach Begur...(though tarring is yet to be done)
Advantage of this road is...one can take this to reach Bommanahalli via begur.....or bannerghatta road/JP nagar via begur...
No need to take hosur road....
Hopefully it will be tarred soon....

[sriram]

Are you referring to the road which leads to AECS layout (there was a big pit/drainage which was always filled with dirty water on that road) through a dirt road. Are there any residential developments taking place near Duo City. I heard an apartment is going to come up near Duo City (where some hollow blocks were being made).

[simplycar]

Yes i also saw when i visited area near cement blocks is cleared and when asked ppl working there said that an apartment is coming up there. Don't know the name of the builder though.about the road i think that is the actual plan to widen the road and tar it up to begur

[shabini]

anyone got updates on IDBI auction issue?
is it sorted out or still idbi is planning for auction?
I think even though all sites may not be affected....but still it may affect the relese of 40% sites from BDA.
Till complete release is not done....we may not get final letter of ownership transfer or something like occupancy letter from builder....that is needed to start construction.

[adroit]

Hi Shabini,


I didnot get you. I thought once registration of site is done, and we have Khatha we can go ahead with construction.
Is this not the rule ?


why should we wait for the release of the 40% sites ? ours is released right , so we should be able to go ahead with construction.

Please Clarify ..


thanks
Vamsee

[Dilip12]

Hi,

Regarding Issue with IDBI Bank, they will not do Auction at least for next 2 month. if the Duo Associates are not able to repay the money by tht time, then they will think for an Auction of the plots for which they have not given NOC(unsold plots only) else they wont. As Quoted by IDBI Dty GM Mrs.Girija. yesterday i visited IDBI Bank and this is the feedback i got from her.

So we may need not worry abt it.

Regards,
Dilip