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Hi Guys,
I am looking for land in Lakedew residency. I contacted with on agent and He is asking about 3K rs per sqft. I want to know these things.
a) Is it a BDA approved layout?
B) Maintenance of Layout is up to the mark??
C) 3K is worth.

In my opinion it should be around 2.5K psqft. Can you guys suggest whether this is good layout(all clear title) and
What should be correct price for the same. ?? Please suggest same.
aloks

Posts: 2
Joined: 10 Nov 2010, 10:54
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Re: Lakedew residency worth??
by aloks » 13 Nov 2010, 19:01

Just to clear its Relaible lakedew is located on harlur road.Hi Guys,
I am looking for land in on sarjapur road. I contacted with on agent and He suggested Lakedew residency. But he is asking about 3K(2.8K final) rs per sqft. I want to know these things.
a) Is it a BDA approved layout?
B) Maintenance of Layout is up to the mark??
C) 3K is worth.

In my opinion it should be around 2.5K psqft. Can you guys suggest whether this is good layout(all clear title) and
What should be correct price for the same. ?? Please suggest same.
aloks

PS: Just to clear its Relaible lakedew is located on harlur road.

You may need to be careful.
Look at the following link:
http://bproperties.blogspot.com/2010/02 ... dency.html

Here is the review - Seems like lot of bad reviews

The owner of Reliaable developers along with few staffs attacked on one of the residents of Reliaable LakeDew Residency because he complained against them in BDA. The BDA engineer was a mole and was working Reliaable developer people only. He got this person name from the BDA office. Those people attacked this resident (owner of a plot in the layout) in front of many people with rods and big stones. He was seriously injured. He was also warned of dire consequences if he approached police or BDA. They didn't let him go to a hospital so that he can't take a medical report which required for an FIR. They took him to a nearby hospital and got him treated and then let him free after warnings.

Reason- They have not completed the work in Reliaable LakeDew Residency near HSR Layout even after 6-7 years of launch. They want to hand over the layout to residents without completing the development. But the residents are not ready for it. This matter is being stretched for long. When this person (owner of a plot in layout) reported to BDA commissioner, the BDA engineer leaked this information to the Reliaable developers.

Truth - Reliaable developers have made HUGE (I mean it) money by selling lands to people. But they don't put money in the development. Once all the plots are sold, they stop development. If it takes too long, they will construct some bunglows in the vacant plots and will rent/lease it for film shooting or parties of big people. The worst part is unbelievable. They won't let the residents use the small gym in the small clubhouse telling there is no electricity. But they themself use it on will with whole family. You don't need to believe my words. Just visit their LakeDew Residency project in Bangalore and you will know that each of my word is true.

Source: I am an owner of a plot in the Reliaable LakeDew Residency, and have been an active member of residents association from the starting. They are a typical example of Reddy goons in Bangalore. First talk sweet, take money and then beat. Please stay away from these people and there project. I request to you. Please help me spread this news and words about Reliaable Developers. Pass/Forward/Circulate this review to any community (or family and friends) you know. Thanks a lot.

http://www.rateitall.com/i-923769-relia ... opers.aspx

One more - reliable woods also has a bad review. Apparently swimming pool was of small size and clubhouse built like jailhouse!!
Basic amenities like water connection, sewage connection not given properly

3K too much - 2K is good as you will have to put up with the mess; also you will have to make your own sewage tank.
Do check if BBMP approved all the sites or only a portion. Some of these crooks sell area earmarked for parks as sites