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Hello everybody,

I have come across a Builder who is making an attractive GENUINE pre launch offer of an apartment complex off Sarjapur Road.

Project will be completed 18 months from the date of start. Will have 240 apartments (units), total 2 towers wiith 120 units in each.

The proposed project site is off Outer Ring Road, off Sarjapur Road.

On Sarjapur Road, you will find Total Mall. The project site and the apartments proposed will come up just 4 kms from this Total Mall.

The proposed project site is just 2 kms from Amrithamayee Engineering College, 500 mtrs from Sophia Residential School. Site visits from their office can be arranged by me since I have a business interest in this project. All papers are clean, an agreement will be signed and only a token advance will be taken.

2 BHK and 3 BHK flats are on offer at a prelaunch offer price of only 2100 per sft. by this builder. Bank loans can be availed of for this project. Those of you who have 2 years time on your hand to take possession of the flat will find it ideal to book/buy the flat in this project either for own use or for RENTAL income or as an INVESTMENT to resell it after completion, 2 years from now, when the project will be complete. By then, you can easily pay off a lot through EMIs for the Bank Loan you may avail of. After only the first 50 flats are sold/booked in the PRE LAUNCH OFFER, the price will change to "LAUNCH OFFER PRICE" and will be hiked straight to Rs.2400/- per sq.ft. All this has been already planned by the builder.

The project will be a G + 12 floors. Each floor from the 3rd floor onwards will cost Rs.50/- extra per sq.ft. per floor.

That means, a flat on the 10th floor will cost you (10-3 = 7) = 7 x 50 = 350/- Rs. per sq.ft extra over and above the 2400/- launch price offer. So the total now is Rs.2750/- per sq ft on 10th floor as an example. But during the PRE LAUNCH OFFER, all floors will cost you the same at Rs.2100/- per sq.ft. the best views, the best corner looking flats, the best EAST facing flats, the best ventilation, airy, windy, best balconies, best lighting flats are always booked by the smart EARLY birds during the PRE LAUNCH OFFER. If you come late to book, you will be left with only the "LEFT OVERS" and "REJECTED ONES" - that too at a higher price.

At this moment, not a single flat has been booked/blocked under the "PRE LAUNCH OFFER" scheme - because I am the only guy marketing it for them and they have not yet advertised it anywhere OFFICIALLY and I have started marketing only since yesterday on several other FORUMS just like this website and only among the personal contacts I have. I am marketing it UNOFFICIALLY to all of you because I want to increase my DATABASE of contacts/friends/people/ buyers/increase my NETWORK of people and help those who are seeking a good flat in that area close to Electronic City at a lower than market price offer.

You will all be surprised to know that there exists a concept called "INVESTOR'S QUOTA" with some builders.

In this Investor's quota, the same apartment is offered to the INVESTOR at a huge discount, because he brings in a larger down payment/capital than the apartment BUYER.

If people like you - for example - are apartment Buyers who bring in Rs.1,00,000/- as booking/blocking amount during the PRE LAUNCH OFFER, the INVESTOR brings in 12 to 13 times that capital as his contribution even before the pre launch offer is made, at the DRAWING BOARD stage itself, when the PROJECT is still being conceived, when the construction plan and the BDA approval papers/BBMP approval papers are all still in an EMBRYONIC stage, not yet even submitted to BBMP/BDA - the papers themselves are all still in a FEOTAL stage, like how when a FEOTUS or BABY is still being conceived by a pregnant lady, to make you all understand better.

It is at this stage that an Investor enters to get the apartment at a bargain price.

I am one of those INVESTORS who got ONE flat booked in his name at the conceptual stage itself in the INVESTOR'S QUOTA at a bargain price, of course, after signing all papers and agreements on stamp paper with them.

In this INVESTOR'S QUOTA, 20 apartments were on offer for "SALE" to the INVESTORS at that bargain price which can not be revealed to you all since it is confidential. Unfortunately, all 20 apartments were sold in 3 days by just 16 INVESTORS.

One guy booked 3 flats, two more guys booked 2 flats each. So these 3 guys as INVESTORS, took away 7 flats.

Only 13 more were left in the INVESTOR'S QUOTA. All 13 were quickly taken up by 13 more INVESTORS.

The above explanation is to make you all understand that 20 flats have already been sold out of the 240 flats proposed to be constructed in this project even before a PRE LAUNCH OFFER has been made to the general public.

When the PRE LAUNCH OFFER at Rs. 2100/- per sq. ft for only the first initial 50 flats is advertised on the Internet, News papers, blogs - it will be all booked/sold within weeks, if not days. The price will then immediately shoot up to 2400/- per sq.ft. LAUNCH OFFER.

PRE LAUNCH OFFER means even before approvals from BDA/BBMP/BMRDA is procured.

LAUNCH OFFER is made after the APPROVALS are in place and Government Papers are in hand.

It is expected that, since the project is in such an ideal location, highly sought after locality, fast developing area, the price per sq.ft. in this proposed apartment project itself will easily touch Rs.3200/- per sq.ft by the time it is ready for hand over in 24 months' time from the start date. You can then sell your flat and PROFIT from your INVESTMENT. The company will help you to sell it for a commissioin of only Rs.100 per sq.ft.

Interested parties can call me on 9886341839 for site visits or meeting with the company/builder/Managing Director or write to me on EMAIL: r4a4v4@yahoo.com

I can not reveal the name of the builder here openly because naturally, my personal interest will be at stake and I dont want all of you to directly contact the builder. I am trying to be as TRANSPARENT as possible and as open, as frank as possble. (ADMINISTRATORS: I hope the administrators of this website will understand that I am trying to help the community by giving advance information before it is out on the public domain and also trying to benefit myself to run my family. Please excuse me if I have broken any rule here and please let me know if I have broken any rule)

I have struck a deal with the company/BUILDER - whereby I will get some small remuneration for all this effort which is why I am marketing this product/flat/apartment with such detailed comprehensive explanation.

Interested will have to come by their own vehicle to meet me at a convenient place from where I can take them to the office. From there, we can proceed for site visit by their company vehicle.

SM Symphony apartment complex is just 3 kms from this project site and SM Symphony are offering their flats now at Rs.3750 per sq.ft basic price. You have to add extra cost of car parking, power, water etc etc. to this. LGCL Villa complex is another prestigious project under construction near this Amritamayee College of Engineering where in each villa is for sale for a minimum of 1.2 crores. This proposed pre launch offer apartment complex we are discussing here is just exactly behind this LGCL Villa complex. In other words, it is a high profile elite fast growing high potential area where the apartments will come up.

Those of you who are familiar with Naganathapura or MICO Bosch near Central Jail, off Hosur Road and those of you who are working in Sarjapura, Marathahalli, Electronic City, HSR Layout will find this project extremely attractive and close by since you can reach this apartment via this Naganathapura central Jail road or Hosa Road which is off Hosur Road. If not familiar, please see google map and try to locate Amritamayee college, Sophia School, Hosa Road, Naganathapura Road and the other above work areas of the IT/BT belt and see the convenience for yourself.

Best regards,

Ravi Kanth, 9886341839, r4a4v4@yahoo.com

Hi Ravi,
All your way of marketing is fine , Make sure you post it proper sub forum.Your topic has been moved from "apartments" to classifieds "apartments for sale"

Regards
ADMIN

Dear Ravikanth

all said & done are fine. Please mention the necessary statutory approvals of this project.

1) Whos is the Builder & his credibility.

2) History of the builder and completion of the project in time by this builder in his previous projects.

3) In case if the builder fails to finish the project within 18 months, what is the penalty option. Todays scenario, almost all branded builders are in such a situation where they don't have any option for financing their project. Simply they launch new project and this money will go to their old project or debt clearance of loan taken by the banks. Result: no time frame for the new project. Every analyst has given opinion the projects under construction now, will be delayed by another 10-24 months for completion.

4)BDA/BBMP Approval.

5) What kind of Water Facility ???

6) Environmental Clearance

7) NOC from Fire & Safety Dept.
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Answers to query by msn1270:

1) Whos is the Builder & his credibility.

The builder is a reputed Kerala based experienced builder who has constructed both residential and commercial complexes in the last 10 years.

In Bangalore, this developer/builder was specialising only in residential gated community layout formations for the last 8 years and has done the following layouts in and around Begur Road off Hosur Road. The name of the builder is not being revealed here for obvious reasons - I have already said - because I dont want all of you to approach the builder directly thus making me lose out on my bread and butter. I have openly declared I have business interests in this project. Those interested will be taken for a site visit and a visit to their office can also be made where you will meet the staff and interact. At that time, you can form an OPINION of your own about their credentials and clarify all your doubts/apprehensions. Also, you will come to know the company's/Builder's name then. Their other ongoing apartment projects will all also be shown to you all.

Since the last one year, this proposed "PRE LAUNCH OFFER" project will be their 4th Apartment project. Previous 3 were all also apartment projects.

The layouts they have made are: (name of layout here again is not mentioned for obvious reasons - so please excuse me and have patience till you are ready for a site visit/project visit - you will get to now everything then):

One lalyout with 30 plots,
2nd layout with 42 plots
3rd layout with 120 plots
4th layout with 195 plots
5th layout with 147 plots
6th layout with 300 residential plots cum Hospitality Project

These were the only 6 layouts formed by them in Bangalore. A lot many more works were done in Kerala. They have a different business identity and name for their Kerala business and a different name for their Bangalore business. Proof of all this will be given when we visit their office.

In addition to the above 6 projects, the following are the 5 apartment projects either upcoming or ongoing - all in Bangalore.

1st project with 40 units/apartments - possession handed over already - fully sold out - project will be shown to you during site visit - Sarjapur Road project

2nd project with 32 units - just started recently on July 11th - out of this only 14 flats are available - rest all sold out within 3 days of launch even before earth excavation was done - project is on Begur Road, near Bommanahalli - digging work just started

3rd project with 40 units - launch in Sept 11, adjacent/behind BMW Showroom on Hosur Road near LIVE 100 Hospital

4th project - PRE LAUNCH OFFER marketing being done only by me as of now - company/builder has not yet officially launched pre launch offer in public domain - off Sarjapur Road - 240 units - this is the project we are discussing now at Rs.2100/- per sq. ft

5th project - to be launched - off Hosur Road - 24 units



2) History of the builder and completion of the project in time by this builder in his previous projects.

History is of about 8 years in Bangalore and over 10 years in Kerala. In Bangalore, all above mentioned projects were handed over 3-4 months ahead of schedule - ie., 3-4 months before promised completion date. Proof will be shown, interactions can be done with existing/past customers whose contact numbers will be given to you all with names, email ids etc.

3) In case if the builder fails to finish the project within 18 months, what is the penalty option. Todays scenario, almost all branded builders are in such a situation where they don't have any option for financing their project. Simply they launch new project and this money will go to their old project or debt clearance of loan taken by the banks. Result: no time frame for the new project. Every analyst has given opinion the projects under construction now, will be delayed by another 10-24 months for completion.

This builder always has a penalty clause in the agreement and he sticks to it in case of delay. In this project we are discussing, it is proposed to have a penalty by the builder of Rs.6 per sq.ft per month as rental - for every month of delay from the promised date.

In addition, if a buyer wants to cancel and take back his money after making initial booking/blocking, due to some financial difficulty or change of mind, full 100% refund is given without any penalty or deduction for cancellation. This is not mentioned in the agreement but a oral promise is given. Contacts of such customers who have got such refunds will be given to all on request, if required by you people.

4)BDA/BBMP Approval: Papers are under process by BDA for their approval. The project comes under BDA limits as per current assessment done by the Realty Adviser and Lawyer of the company. this approval is expected within the next 2-3 months i.e., AUG, SEPT, OCT. By Nov/Dec, official prelaunch offer is being planned when only 50 apartments will be given at the PRE LAUNCH OFFER price of 2100/-. Howwever, in all likelihood, due to the sudden unexpected changed scenario in the Guidance Value price appreciation announced recently, it is possible that PRE-LAUNCH offer price itself may be revised to 2300/2400 in Nov/Dec. This is the latest news from the company as of today.

5) What kind of Water Facility ??? Only borewell water, 24/7. This area does not yet have cauvery water supply provision by govt.

6) Environmental Clearance, Pollution control board - all approvals will be taken

7) NOC from Fire & Safety Dept. - this approval too will be taken

When booking is done by you people, all background papers of the property with historical pahani, mutation, etc. in a thick file will all be given to you for your own lawyer opinion or for bank loan and bank approval.

In addition, the amenities proposed/planned in the project site are as below:
Open swimming Pool with toddler pool
indoor swimming pool
children's play area
amphi theatre
tennis court
basketball practice post
beautifully landscaped gardens
indoor badminton court with wooden flooring
jogging track
separate car washing wet area (car wash not allowed anywhere else in the complex)
driver's waiting room
club house with well equipped health club with gymnasium
table tennis table
indoor games
multi purpose hall for party, functions, dance, drama
2 lifts in each block
2 blocks totally in the complex, each block with 120 apartments (total 240 units)
G plus 12 floors in each block
generator back up for flats, common areas, lifts and pumps

Best regards,

Ravi Kanth, 9886341839

its advisable to invest only after all approvals have have been obtained, remember DLF had pre launched offer even before approvals and BBMP had advertised in news papers to keep away from DLF project until all approvals have been obtained it took almost 14months for DLF to get all approvals after there pre launch offer

I guess the builder is ARATTUKULAM

Hi everybody,

No sorry, the builder is NOT Arattukulam.

DLF had problems because they were inexperienced in Bangalore then since that was their first Bangalore project and they did not know how BBMP functions. This builder I am marketing is NOT new in Bangalore and has been doing projects since 8 years in Blore. Also, they were building as many as 1850 apartment units in one single site and BBMP officials just wanted to get some more pound of the flesh and fleece them more to pocket some more extra cash. That is why BBMP played havoc wiith their project because DLF was new in Blore. Next time surely, they will have a smooth sailing because now they know how to apply cream on their mouths. DLF by the way, is now selling at 3350 per sq.ft basic cost. What was the prelaunch offer?? Less than 2000 per sq.ft. Anybody remembers??? They still have some 14 flats available out of the 1850 under construction. Rest all are all sold/booked.

I have already got 4 calls from bloggers from this site and have given them more clarifications and details. Seriously interested ones are thus calling me and making a genuine effort to even visit the project site or interact with the builders in their office. I encourage you all to also make a visit and then decide for yourself whether to trust the builder or not. It will be your own personall call ultimately. This is just an opportunity to get some huge benefit out of the early bird offer.

Best regards,

Ravi Kanth

Hi Ravikanth,
May i know the size of the flats available with floor plan ?? And booking amount to be paid and is there any bank approval of the project? Thanks

Do you think we can get bank loan without approvals? I remember even DLF had told about loan availability in pre-launch offer. How is that possible?

Hi,

I don't think loan will come before approvals. Also you will not require loan before approvals, because you will do agreement only after approvals and loan will come only after agreement. But if any of us book this property, till the approvals come, definitely we will be in tension and need patience. Against the 3 month period confirmed by Ravikanth, this might take even 6 months period to get approvals. Also remember builder is building first time G+12 floor building. This deal is just similar to Pashmina Waterfront, however in that case Pashmina was openly doing this.

Thanks

Hi Friends,

Did any body manage to go to site visit or had discussion with builder. Please advise your views on how the project is.

Thanks
Raju