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Thursday, January 05, 2012
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Joint Venture Plot at Bangalore

Banargetta Road, Near T John Collage, Near Sambram Collage of Engineering, Bangalore.

Plot area : 10 Acres

Deposit 1 cr per acre.

Location of the plot.  How much from Bangalore city, station, airport  etc.             The plot is 15 kms from Majestic Bus Stand and Bangalore Junction railways station and 28 Kms to the new International airport (Bangalore).  The plot is situated near Sambhram Institute of Technology, Bengaluru, Jalahalli East,  and very nice and peaceful locality.  Lot of reputed builders like Mantri , Purvankara etc. have projects going on in this area.

Plot size.              10 acres

Approximate land cost for the locality.   Present cost of the land is around Rs. 1500 to 2000

Type of construction ---- commercial or residential.         Land has been converted to Residential.

When the construction can be started.                  Immediately as the land is freehold and clear title.  Within the family.

Approximate rate of commercial and residential projects per sq. feet.   Residential sale is Rs. 2500 to 2900 super carpet area.

Approximate rental of commercial and residential per sq. feet.   Residential Rent approx Rs. 6 to 10

Terms and conditions for JV.       Deposit of 1.25 cr per acre.   The owner will have 40% of the share and developer will have 60%.

Approach road width with FSI feasibility details:   42 feet approach to the property from the main road.  The FSI what they have informed me is 2.25.

Conversion status:  The land has been converted to residential usage.


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Company Profile:-
West Coast Consultancy
E-Mail On : westcoast@consultant.com

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