3BHK & 4BHK Luxury Residential Apartments for sale off Ballery Road, Bangalore at HRC Ananya.
Description:
Modern designs, sleek interiors and innovative architecture combine to make Ananya a truly international living space. Every unit at Ananya provides its owners a functional home that is as efficient as it is luxurious. Spacious living and dining areas, strategically placed balconies complementing your large glass view zones, gives you a panoramic view of the beauty outside from within the comfort of your home.
No common walls between apartments ensures complete privacy giving the look and feel of an independent home.
Each typical unit comes with 3 spacious balconies.
Spacious apartments with no protruding columns or beams.
Large expansive windows optimally designed to maximize the flow of natural light and air.
22% building footprint, designer landscaping covering over 78% open areas.
Dedicated parking in the basement and ground floor.
Each unit comes with 2 car parks, apart from visitors parking area.
An exclusive super luxury premium residential apartment complex with 40 units, a functional swimming pool, gymnasium, club house, party area and children’s play area.
Minimum number of apartments ensures ease of maintenance and avoids problems associated with huge concrete jungles.
Each typical unit comes with 3 spacious balconies.
Spacious apartments with no protruding columns or beams.
Large expansive windows optimally designed to maximize the flow of natural light and air.
22% building footprint, designer landscaping covering over 78% open areas.
Dedicated parking in the basement and ground floor.
Each unit comes with 2 car parks, apart from visitors parking area.
An exclusive super luxury premium residential apartment complex with 40 units, a functional swimming pool, gymnasium, club house, party area and children’s play area.
Minimum number of apartments ensures ease of maintenance and avoids problems associated with huge concrete jungles.
The Reserve Bank of India (RBI) has released draft proposal to review the definition of Commercial Real Estate (CRE) exposure to be followed by banks to closely align it to Basel II definition. Any loan extended to builders towards construction of buildings for housing, hotels, hospitals, condominiums, shopping malls, office blocks, etc, meant for sale / leasing will be classified as CRE exposures. In such cases, the source of repayment in the normal course would be the cash flows generated by the services rendered by hotels and hospitals.
In the case of a hotel, the cash flows would be mainly sensitive to the factors influencing the flow of tourism, not directly to the fluctuations in real estate prices. In the case of a hospital, the cash flows in normal course would be sensitive to the quality of doctors and other diagnostic services provided by the hospital. In these cases, the sources of repayment might also depend upon the real estate prices to the extent the fluctuation in prices influences the room rents, but it will be a minor factor in determining overall cash flows. In these two cases, the recovery in case of default may partly depend upon the sale price of the hotel / hospital.
Any exposures towards a banks acquisition of units in SEZ may not be treated as CRE exposures, said RBI. There are restrictions on the transfer of such units and they require government permission since the speculative activity in the sale and re- sale of units is unlikely to be there. Hence, such cases are more like financing of industrial units or projects, explained RBI.
A few banks have formulated schemes where the owners of existing real estate, such as shopping malls and office premises, have been offered finance to be repaid out of the rentals generated by these properties. Such finance mayor may not be secured by the mortgage of the underlying properties. In case it is unsecured, the repayment will be sensitive to the fall in real estate rentals and there would be no source of recovery in the case of default. In case the loan is secured by the mortgage of the underlying property, both, the repayment and recovery would depend upon property prices. Thus, these exposures would need to be classified as CRE exposures.
Loans extended to entrepreneurs, against the security of factory land and building, for purchase of the plant, machinery and raw material will be part of CRE exposures.
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