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Best Ongoing Projects in Bengaluru?

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Ongoing Projects in Bengaluru Buying your own home is more than just an investment. Buying your first home can be both exciting and exacting. It would be a big decision and you would be investing your hard earned money. This is why choosing the right real estate development company would ensure that you get the best for what you invest.

Why choose Habitat?

So what are the common questions that you might want to ask about a builder?

  1. Where is the developer from?
  2. What are the completed projects?
  3. What’s the company’s experience in the field?
  4. Do they have all the approvals?
  5. Do they stick to the timelines?
  6. How is the quality of construction?
  7. How are the prices and the location of the properties?

Habitat’s experience– They’re in the industry for 12 years and have since, delivered 2.5 million Sq.ft across 15 premium projects including residential, commercial & plotted development and still growing.

Completed projects– (Residential)

  • Habitat Crest
  • Habitat Aster
  • Habitat Mayflower
  • Habitat Cedar
  • Habitat Greens
  • Habitat Orchid

Timelines – Delivering timely possession has been Habitat’s strongest traits. You can also view the current construction status on the project page to be assured that things are on track.

Quality – Habitat Ventures aims at delivering affordable luxury without the slightest compromise in terms of quality be it in the construction or the various specifications. Using top of the line products like Porothorem Blocks, Tata cut &bend steel and so on, Habitat homes come equipped with all the modern amenities you’d come to expect along with a safe, gated community. You can be assured of getting the best value for money here.

Prices and location – All of the Habitat projects are strategically located in prime locations with close proximity to socio-civic infrastructure & close to the upcoming Metro Stations, one can also achieve a walk-to-work culture with these projects. These locations are sure to see a price appreciation in the future. The prices of these homes are indeed competitive with the others in the vicinity.

 

The ongoing projects in Bengaluru:

Bengaluru’s real estate market has always been a popular one. This is why investing in a residential property in Bengaluru would be a great choice. Habitat’s current projects are:

So what makes these projects great places to find your next home?

Habitat Iluminar:

Located just a little away from the RV Engineering college on Mysore Road, the high rise buildings of Iluminar consist of 2, 2.5 as well as 3 BHK spacious homes. It enjoys excellent connectivity through NICE Corridor, SH 17, Upcoming Metro Station, Kengeri, TTMC & Railway Station. The project is ideally located close to the top schools and colleges including the Orchids International School, Kidzee, Euro Kids among the others. The Global Village Tech Park is a few minutes’ walk from Iluminar. So this location makes it a convenient spot for the whole family, especially if you are looking for a calm and serene location away from the busy city.

Habitat Advantage:

  • Vaastu compliance
  • Fully equipped with state-of-the-art amenities including Golf, Swimming pool, Joggers’ trails, Children’s play area, basketball and tennis courts, Cricket practice nets and lots more
  • Iluminar also comes with Zen Garden, and a dedicated Senior citizen park
  • All the houses come with vitrified tile flooring and premium electrical fittings
  • Ventilation and natural lighting are the two main factors forming the core of Habitat designs. These have been streamlined into the design to offer well-lit rooms.

Habitat Eden Heights:

Standing tall in the heart of the IT hub of Eastern part of Bengaluru, Eden Heights is located at Hoodi Circle. Whitefield still remains one of the most popular neighborhoods in Bengaluru as the area has all the major offices and the best schools, best malls and other facilities. Shut down the noise of the city the moment you enter the green premises of Eden Heights.

Habitat Advantage:

  • Vaastu compliance
  • State of the art infrastructure with all modern amenities similar to those offered in all of Habitat Ventures’ projects
  • Project is currently under construction but the floodlit amenities are ready to use.

If you are looking for a serene area just off the main road, Habitat Aura is another project coming up off Bannergatta Main Road. Get in touch and register with habitat to avail the best offers on Aura.

Why choose Habitat Ventures’ ongoing projects in Bengaluru?

  • Habitat’s projects all come with intelligent energy management systems including power backup and solar lighting
  • Security is one of the strongest points in Habitat homes. With round the clock manned security stationed in the premises, there are also surveillance cameras dotting the campuses.
  • Besides the common amenities like club house, swimming pool and children’s play areas, Habitat homes also come with Golf Putting, Open Amphitheater and lots of other exciting facilities and fully-equipped indoor play areas
  • Waste management, rain water harvesting, STP within the premises and other environment friendly measures have been incorporated as well.

Come find your home in the most sought after locations in Bengaluru with Habitat Ventures delivering the best residential projects in the city.

Apartments in Bangalore

Best Ongoing Projects in Bangalore: Habitat Ventures

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Ongoing Projects in Bangalore buying your own home is more than just an investment. Buying your first home can be both exciting and exacting. It would be a big decision and you would be investing your hard earned money. This is why choosing the right real estate development company would ensure that you get the best for what you invest.

Why choose Ongoing Projects in Bangalore Habitat?

So what are the common questions that you might want to ask about a builder?

  1. Where is the developer from?
  2. What are the completed projects?
  3. What’s the company’s experience in the field?
  4. Do they have all the approvals?
  5. Do they stick to the timelines?
  6. How is the quality of construction?
  7. How are the prices and the location of the properties?

Ongoing Projects in Bangalore Habitat’s experience– They’re in the industry for 12 years and have since, delivered 2.5 million Sq.ft across 15 premium projects including residential, commercial & plotted development and still growing.

Completed projects– (Residential)

  • Habitat Crest
  • Habitat Aster
  • Habitat Mayflower
  • Habitat Cedar
  • Habitat Greens
  • Habitat Orchid

Timelines – Delivering timely possession has been Habitat’s strongest traits. You can also view the current construction status on the project page to be assured that things are on track.

Quality – Habitat Ventures aims at delivering affordable luxury without the slightest compromise in terms of quality be it in the construction or the various specifications. Using top of the line products like Porothorem Blocks, Tata cut &bend steel and so on, Habitat homes come equipped with all the modern amenities you’d come to expect along with a safe, gated community. You can be assured of getting the best value for money here.

Prices and location – All of the Habitat projects are strategically located in prime locations with close proximity to socio-civic infrastructure & close to the upcoming Metro Stations, one can also achieve a walk-to-work culture with these projects. These locations are sure to see a price appreciation in the future. The prices of these homes are indeed competitive with the others in the vicinity.

The ongoing projects in Bengaluru:

Bangalore’s real estate market has always been a popular one. This is why investing in a residential property in Bangalore would be a great choice. Habitat’s current projects are:

So what makes these projects great places to find your next home?

Ongoing Projects in Bangalore Habitat Iluminar:

Located just a little away from the RV Engineering college on Mysore Road, the high rise buildings of Iluminar consist of 2, 2.5 as well as 3 BHK spacious homes. It enjoys excellent connectivity through NICE Corridor, SH 17, Upcoming Metro Station, Kengeri, TTMC & Railway Station. The project is ideally located close to the top schools and colleges including the Orchids International School, Kidzee, Euro Kids among the others. The Global Village Tech Park is a few minutes’ walk from Iluminar. So this location makes it a convenient spot for the whole family, especially if you are looking for a calm and serene location away from the busy city.

Habitat Advantage:

  • Vaastu compliance
  • Fully equipped with state-of-the-art amenities including Golf, Swimming pool, Joggers’ trails, Children’s play area, basketball and tennis courts, Cricket practice nets and lots more
  • Iluminar also comes with Zen Garden, and a dedicated Senior citizen park
  • All the houses come with vitrified tile flooring and premium electrical fittings
  • Ventilation and natural lighting are the two main factors forming the core of Habitat designs. These have been streamlined into the design to offer well-lit rooms.

Ongoing Projects in Bangalore Habitat Eden Heights:

Standing tall in the heart of the IT hub of Eastern part of Bangalore, Eden Heights is located at Hoodi Circle. Whitefield still remains one of the most popular neighborhoods in Bangalore as the area has all the major offices and the best schools, best malls and other facilities. Shut down the noise of the city the moment you enter the green premises of Eden Heights.

Habitat Advantage:

  • Vaastu compliance
  • State of the art infrastructure with all modern amenities similar to those offered in all of Habitat Ventures’ projects
  • Project is currently under construction but the floodlit amenities are ready to use.

If you are looking for a serene area just outside the city, Habitat Aura is another project coming up in Arekere. Get in touch and register with habitat to avail the best offers on Aura.

Why choose Habitat Ventures’ ongoing projects in Bangalore?

  • Habitat’s projects all come with intelligent energy management systems including full power backup and solar lightning
  • Security is one of the strongest points in Habitat homes. With round the clock manned security stationed in the premises, there are also surveillance cameras dotting the campuses.
  • Besides the common amenities like club house, swimming pool and children’s play areas, Habitat homes also come with Golf Putting, Open Amphitheater and lots of other exciting facilities and fully-equipped indoor play areas
  • Waste management, rain water harvesting, STP within the premises and other environment friendly measures have been incorporated as well.

Come find your home in the most sought after locations in Bangalore with Habitat Ventures delivering the best residential projects in the city.

Real Estate Tips

Builders in Bangalore Real Estate Regulation Act (RERA): How it Helps Buyers

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If you have been planning to buy a new home, now is the right time. We say this not just because the real estate market is bright now but also because Builders in Bangalore RERA (Real Estate Regulation Act) is here.

If you do not already know what RERA is-

The Builders in Bangalore Real Estate Regulation Act was in the paper for over a year. And finally, the Act has been passed. This was framed mainly keeping the real estate investments in mind. With the growth of the real estate market, we have witnessed buyers quoting unreasonable prices. This is one of the major threats to the home buyers. With skyrocketing prices, this Act comes as a relief for the home buyers.

Though there have been common rules laid down for the Builders in Bangalore, states can sometimes flex the rules to an extent. But no matter what, the truth still remains that according to RERA of Builders in Bangalore, “The Buyer is the king”. Does that mean bad news then for the builders? For those who have been following fair practices, this would not make much of a change. But for those builders that have been quoting unjustified prices and unacceptable delays will now have to rethink their practices.

Here are a few key takeaways from the Builders in Bangalore Real Estate Regulation Act benefiting the home buyers:

  1. With respect to the construction:

The quality of the construction is of prime importance but it is also the one often neglected by builders. After all, buyers only get the real picture few years after the house is constructed and sold. RERA covers this aspect. According to the new rules, for 5 years after the handover of the flat, the builder still remains responsible for the construction-related maintenance. Any defects that occur in the building due to poor quality construction would have to be rectified by the builder within 30 days. And this should be done free of cost.

  1. No more delays:

Talking about buying, a flat’s possession dates are pivotal. But there are hardly few builders that keep up the possession date promise. According to the Real Estate Regulation Act, the builder should handover the house exactly within the stipulated time. If there are going to be any delays, the builder would have to return to the buyer the entire amount paid for the flat plus the interest mentioned in the agreement.

  1. There will be an escrow account:

There are instances where builders take money from the buyer and use it on another project or a house. To avoid this, once the buyer deposits the amount, 70% of it would be deposited in an escrow account. As and how there are expenses for the concerned project the money is withdrawn from the respective escrow account.

  1. Promotion, booking, and registration:

Starting with advertising the projects builders now have stringent norms to follow. Only those projects that have been registered under RERA would be permitted to start their marketing. You would also be able to get the Real Estate Regulation Act registration number from the ad itself. This is simply to make sure that you are investing in a RERA approved project. This would ensure that there is a check on the booking amount that has been requested. Builders would no longer have to ask for a booking amount which is more than 10% of the cost of the property. So you would not be asked to pay more than that before the official registration of the property. Every detail of the project including the approvals and plans would have to be registered by the builder with the regulatory body.

  1. Right to information:

To set aside all ambiguities and to ensure the buyers the right to information, RERA now makes it mandatory for the builder to lay out every detail of the project to the buyers. The buyer can get to know all about the plans approved, registration details, the overall plan of the entire layout, and other specifications. Other minor details including the electricity, water and sanitation management of the building or the layout, on the whole, would have to be provided to the buyer. And finally, a buyer would also be promised a date of possession and the scheduled date of completion of the project.

Besides the above-mentioned points, there are also others that prevent builders from exercising discrimination in any form. Though property prices as such would not be influenced by Real Estate Regulation Act, there would be a significant change in the overall process. There is now a standard that is slowly forming. This would prevent rogue builders from bullying any buyers whatsoever. Buyers can also be ensured of better quality construction of their future homes and thus a better value for their money on the whole.

Real Estate Tips

Why to invest in ongoing projects in Bangalore?

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Buying a house would be a big leap. Given the ever-increasing number of real estate projects and the number of builders, it is often an inundating process to choose one. The purpose for which you buy would play a pivotal role in the decision-making process. There are some who buy a home for immediate occupation and then there are those that buy for investment. Whether the house would be your first house or just another additional house that you buy would also matter.

Then comes the big confusion of whether you should buy a resale property from a prior owner or a ready to move in new flat or book an ongoing property. When we talk about booking ongoing projects in Bangalore most people are skeptical about it. Given the lack of clarity offered by some builders and the long delays made by some the skepticism of home buyers is apprehensible. But if you understand the many benefits that ongoing projects offer you might change your mind.

Benefits of booking ongoing projects in Bangalore:

  1. Price discounts offered:

This is definitely the first advantage construed by home buyers when it comes to booking ongoing projects in Bangalore. The concept is to attract potential home buyers, to stabilize the cash flow and to establish the credibility, builders have the concept of ongoing or what is called “soft launch”. So if you book ongoing projects in Bangalore or any other city for that matter, you are sure to get great discounts. Most builders offer up to 30% discount on the final property value for those who book in the ongoing phase.

  1. You have more to choose from:

In the ongoing phase, only 10-20% of the flats in the property might be booked. This gives you better flexibility in choosing a home of your choice. Be it in terms of the Vaastu compliance, the floorplan choices, floor number or closeness to any of the flat facilities, you can choose a house to match all your requirements. But once few houses are booked, once the ongoing phase is over and there are more buyers, you would have limited choices.

  1. A great investment:

If you do not mind waiting for a few years to move in ongoing projects in Bangalore are great investments. Especially because of the appreciation value of the project. If you choose one in a potential location, you are sure to get impressive appreciation costs by the time the construction is fully done.

Factors and risks to keep in mind:

Given the many benefits, people still hesitate investing in ongoing projects in Bangalore mainly because of the risks associated. But if you analyze the results and diligently make a choice you can avert the risks involved.

  1. Track record of the builder:

Choose a credible builder. It is not simply about the flashy ads and the market presence. It is about the track record. Given the risks involved in ongoing projects it is best to avoid fledgling developers. Choose a builder who has a lot of experience. Choose someone who has a formidable reputation for completing projects on time. Look at the timelines of the previous projects and only choose those that deliver projects on time every time.

  1. Clarity of information:

In the ongoing phase, there might still be some approvals that are pending. But the basic land clearance and licensing might have to be completed. Discuss this with the builder. Now with RERA coming into picture, it would ease your decision making to some extent. Choose a builder who would be able to clearly present to you the proposed plan, and the precise time of completion. When it comes to possession dates, ideally choose one that is within 4 years at least. Anything beyond 4 or 5 years might be a bigger risk.

  1. Know the market and the price:

The beauty of the real estate market is that a property value that appears cheap in one area might not be so in the other area. So research the market price in the area that you are looking at. The price quoted for the ongoing property should ideally be lower than the current price in the market. How much the area would develop within the given time would also matter. Be circumspect about the real estate market trends in that locality before taking a step.

Know the risks and understand the benefits. ongoing projects in Bangalore, especially with the city’s flourishing real estate market is definitely going to make a great investment provided you choose the right builder.