This Project is located just 90 minutes drive from M.G. Road and close to the IT hub of Bangalore, Electronic City, and will yield high returns in the days to come.

This Project offers Panchayat Non Agricultural Plots of 5000 sq. ft. inclusive of road area, with motorable road, demarcation, project fencing and security till handover.

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Phases

Project Highlights

• This project offers 5,000 sq.ft. Panchayat NA plots inclusive of road area, with motorable road, demarcation, project fencing and security till handover.
• Anekal which is just 12 km from the project is already witnessing a large influx of developers as the need for residential space is increasing. Land prices close to our property is already approximately around Rs.500 per sq.ft.
• This Project is also in close proximity to Jigni Industrial area, Bommasandra industrial area and Hosur, with the Brownfield expansion of the Electronic Manufacturing Cluster which will lead to increase in demand for laand in the surrounding area which already holds several reputed companies and is developing.
• The proposed Satellite Town Ring Road (STRR), Anekal Town Ring Road (ATRR) etc. are close to the project and this and will help in increasing the connectivity.
• Bangalore and Hosur continues to expand due to straining residential resources within the city, bringing infrastructure developments and connectivity to you at Expat Nidih-II.
• The Brownfield expansion of Electronic Manufacturing Cluster at Electronic City will create more jobs which will lead to increase in demand for residential, commercial space in the surrounding area.
• In Anekal, land is already being sold around Rs.1000 per sq.ft and apartments are in the range of Rs.2300 – Rs.2600 per sq.ft.

Location

• Anekal 12 km
• Anekal Railway Station 14.6 Km
• Jigani 22.4 Km
• Chandapura Circle 23 km
• Attibele Circle 24.1 km
• Sipcot, Hosur 27.5 Km
• Electronic City 28.4 km
• Hosur 31.2 Km
• Silk Board 38.8 km
• M.G. Road 46.6 Km
• Bangalore Intl. Airport 82.2 Km

Faqs

EVERYTHING YOU NEED TO KNOW ABOUT THIS PROJECT AND MORE

A. Product

1) What is the product?
The product on offer comprises of individual panchayat Non Agricultural plots of 5000 sq.ft (inclusive of road area) in an extent of 3.21 Acres of land located in Thally, TamilNadu.

2) What are the total number of plots on offer in Phase I?
The total number of plots on offer is 28.

3) What is the zoning of the property?
Zoning of the land on offer is panchayat Non Agricultural.

4) How much is the FSI?
The FSI currently available is 1:1.

5) How do you get to the property?

• Road: SH 35 next to the property
• Rail: 14.6 kms from Anekal Railway Station
• Airway: 82.2 kms from Bangalore International Airport

6) What are the facilities provided by the company?

• Motorable road
• Four corner stone demarcation
• Fencing of the entire project
• Security till handover

B. Location and Infrastructure

1) What are the USPs and features of the location that make it a winning proposition?

• Bangalore and Hosur continues to expand due to straining residential resources within the city, bringing infrastructure developments and connectivity to you at Expat Nidih-II.
• This project is also in close proximity to Jigni Industrial area,Bommasandra industrial area and Hosur which already holds several reputed companies and is developing.
• The Brownfield expansion of Electronic Manufacturing Cluster at Electronic City will create more jobs which will lead to increase in demand for residential, commercial space in the surrounding area.
• The proposed Satellite Town Ring Road (STRR), Anekal Town Ring Road(ATRR) etc. are close to the project and this and will help in increasing theconnectivity.
• Anekal which is just 12 km from the project is already witnessing a large influx of developers as the need for residential space is increasing. In Anekal, land is already being sold around Rs.1000 per sq.ft and apartments are in the range of Rs.2300 – Rs.2600 per sq.ft.
• Land prices close to our property is approximately around Rs.500 per sq.ft..

2) What are the distances of various locations from the project?
Anekal: 12 kms | Anekal Railway Station: 14.6 kms | Jigani: 22.4 kms
Chandapura Circle: 23 kms | Attibele Circle: 24.1 kms | Sipcot, Hosur: 27.5 kms
Electronic City: 28.4 kms | Hosur: 31.2 kms | Silk Board: 38.8 kms
M.G. Road: 46.6 kms | Bangalore Intl. Airport: 82.2 kms

C. Documents and Registration

1) Who has ownership of the land?
The promoters, their subsidiaries, and associates of the developer have legal ownership of the land.

2) What documents will be issued through the payment schedule?

• Initial Documents will be issued within 30 days of Booking Amount / Down Payment realization.
• Once 70% of the total payment is realized, an Agreement of Sale (AOS) will be issued.
• When 100% of the payment is realized, a Sale Deed will be released post registration. (For Amendments, Cancellation and Refund Clauses refer Termsand Conditions in Booking Confirmation Form)

3) When will I be able to register the plot?
Registration can be done post 6 months from the date of Booking and upon realization of 50% of the total consideration and securing the balance payment through PDCs or ECS.

4) What are the Registration and Stamp Duty fees?

• At present, 7% Stamp Duty + 1% Registration will be charged as per the guidelines prescribed by the Government or the Sales Consideration Charge set by Expat, whichever is higher.
• In Addition, a minimum amount of Rs.10,000 per unit will be charged for every registration towards legal, liaison and administrative expenses. (Subject to change as per government policies)

5) What other charges will be levied (apart from the Stamp Duty + Registration fee)?

• Additional charges will be applicable for the Power Of Attorney (POA) services rendered by the developer. These charges may vary from Rs.10,000 to Rs.20,000 per document, depending on the State and exact requirement.
• A requisition for any additional post-registration services / documents like the 7/12 Extract or Patta will be charged for, depending upon the property for which these are required.

6) When will i get ownership documents for my plot after the registration is done?
Usually it takes us about 100 days, post registration of the plot to get the documents from the Government. However in our experience, this process sometimes may take up to a year due to Government delays, official transfers etc. These delays are often beyond our control, but be rest assured the developer will follow up with the local Government office and ensure that your documents reach you safely.

7) What is the developer's role during the registration and Handover of plots?
While many of you may have invested in plots earlier, we realize that for many this may be the very first time. Keeping this in mind, we have a specially
designated team that will take each customer through the registration and the handover process to ensure that it is a simple and delightful experience.

8) Can the plot be transferred to someone else - without registering / during the project tenure?
No, the plot cannot be transferred without registration. Any change of name (to non-relatives) will be considered as a resale and amendment fees will apply. Change of name of the applicant (to name of spouse, sibling, parent, in laws, children only) shall be considered subject to the exclusive discretion of the developer provided the same is accompanied with proof of relation.

9) Will I be assisted in the resale of my property after registration? If so, what are the brokerage charges involved?
On a best effort basis the developer can offer assistance. Incase we are able to help in the resale, the brokerage can range from 3% to 5%.

D. Facility Management Services

1) Who takes care of my property once the property is ready for Handover?
The Developer's Facilities Management Division will provide the services mentioned below (point 2) in the project from the time the project deliverables are ready, irrespective of the property being registered in the applicant’s name or the handover being taken.

2) What kinds of services will Facilities Management Division Provide?
The services include provision for a caretaker at the project site, maintenance of project fencing, relaying of top layer of internal roads with the layout and clearing of bushes that may grow on the internal roads.

3) What is the benefit of Facilities Management Services?
The major benefit of the service is protection of the investment from encroachment & the maintenance of the deliverables so that the investment goal of valuation appreciation is realized.

4) What are the charges for services that will be provided?
A maintenance charge of Rs.1000 + taxes will be levied every month for a period of one year. This amount will increase by 6% every year. The maintenance charges will be levied, irrespective of property being registered in the applicant’s name or nominee having taken handover.