Sunday, 19 October 2014

Amit Aspen Multistorey Apartments Located off Bannerghatta Road, Bangalore offered with 2BHK and 3BHK Apartments.

Amit Aspen Multistorey Apartments Area Range 1240-1420 Sq.ft, Located off Bannerghatta Road, Bangalore offered with 2BHK Apartments and 3BHK Apartments.


http://www.bangalore5.com/project_details.php?id=702

Description:

PROXIMITY

3 Km. from JP. Nagar Junction.8km from Jayanagar 4th block,
2 km. from llM, Bangalore and Meenakshi Temple,10 km from Electronic city,
Located in the AREKERE.BTM 4th stage BDA Layout.

NEAR BY EDUCATIOPNAL FACILITIES

Sree Chaitanya School, Sherwood High, Ryan Intewrnational School,PSBB,
BGS National  Public School , Bridage School and Delhi Public School.

NEAR BY HOSPITALS

Apollo, Fortis, Jayadeva and Sagar Hospital

NEAR BY SHOPPING CENTERS

Meenakshi Mall, Gopalan Mall, up coming Vega City Mall,
Big Bazaar, Bangalore Central , Shoppers Stop Upcoming Galleria Mall.

Amenities:

1. BEAUTIFUL AND AESTHETIC PLANNING AS PER VAASTU
2. 24 HOUR WATER SUPPLY
3. ADEQUATE PARKING FACILITY FOR CAR AND 2 WHEELERS
4. CLOSE TO SCHOOL & HOSPITALS
5. ROUND THE CLOCK SECURITY
6. RAIN WATER HARVESTING
7.INTERCOM FACILITY


The Reserve Bank of India has opened up the External Commercial Borrowing (ECB) route to give a fillip to low-cost affordable housing projects.

The Central Bank has allowed Developer / buildings to tap the ECB route for low-cost affordable housing projects.

Housing Finance Companies (HFCs) / National Housing Bank (NHB) can also use the ECB route for financing prospective Owners of low-cost affordable housing units.

Developers / Builders as well as HFCs and NHD can tap the ECB under the approval route.

A low-cost affordable housing project for the purpose of ECB will be a project in which atleast 60 percent of the permissible Floor Space Index would be for units having maximum carpet area up to 60 square metres.

According to RBI, the Slum Rehabilitation Projects will also be eligible under the low-cost affordable housing scheme. The ECB proceeds can be utilised only for low-cost affordable housing projects and not for acquisition of land.

Builder/Developers meeting the eligibility criteria will have to apply to the NHB, which will act as the nodal agency for deciding a project’s eligibility as a low cost affordable housing project.

On being satisfied, NHB will forward the application to the Reserve Bank for consideration under the approval route.


BDA clears parking lot in apartmentretrieves Civic Amenity Sites

The Bangalore Development Authority (BDA) has recovered eight Civic Amenity (CA) sites (3.5 acres), allegedly encroached up by a Private Builder to provide parking space for its Apartment Owners, during a demolition drive.

The Platinum City apartment complex in Yeshwanthpur has amassed nearly Rs. Six crore by illegally allotting the parking space to 300 of its Residents.

The complex, promoted by India Builders’ Corporation (IBC), had sold the encroached land as parking slots to its unsuspecting Residents. It had collected between Rs. 1.5 Lakh and Rs. 2 lakh from each of its Residents.

According to the Karnataka Apartments Owner’ Act 1972, selling an encroached property as parking space to the Residents amounts to violation. The Act also states that no ‘undivided common area’ can be sold by the Builders. The common area is defined to include basements, cellars, yards, gardens, parking areas and storage space. 

The BDA noted that it had served several notices on the Builders on Survey Number 47 and 48 of Peenya village near HMT Road in Yeshwanthpur after noticing that the CA sites were encroached upon. 

“As the Builders of the Platinum City did not surrender the sites despite several reminders, they decided to demolish the structures”.

In addition to demolishing the parking structures, the BDA also razed to ground the Workers’ shed and a road leading to block 8 that were constructed on the CA sites.They even approached the Court where their petition was dismissed. Finally, they agreed to repatriate the CA sites. However, despite persistent reminders, Platinum City did not surrender the sites forcing the demolition. 

The CA sites were, in fact, formed by the Developer as per the condition of the BDA, so that amenities could be provided to the Residents of the complex.

However, instead of handling over the sites to the BDA, IBC utilised them to construct car parking, swimming pool and a club house on the said CA sites 1,2,3,4 and office on sites 5 and 6.
 
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1 comment:

  1. Unknown31 August 2015 at 05:39

    There are various kind of residential project available where you can buy affordable 2 and 3BHK luxury residential flats in ideal location of Bangalore.
    Provident Rays of Dawn

    ReplyDelete

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