Since January, I'm eyeing Total Environment Magic Faraway Tree. I know builders hide quality issues. Poor construction kills investor ROI, high maintenance, tenant attraction. What's the real ground reality for resale value there?
Total Environment The Magic Faraway Tree is a Under Construction residential project by Total Environment Building Systems located in Vakil Garden City, Bengaluru. It spans 12.0 acres and comprises 360 units across 3 towers, offering 3 BHK from ₹3.72 Cr, 4 BHK Duplex from ₹6.07 Cr, 4 BHK from ₹7.3 Cr. Every apartment has its own garden and open terrace.
Total Environment The Magic Faraway Tree by Total Environment Building Systems offers 3 BHK from ₹3.72 Cr, 4 BHK Duplex from ₹6.07 Cr, 4 BHK from ₹7.3 Cr. The price range is ₹3.7 Cr – ₹7.3 Cr and the average rate is ₹15.9K/sq.ft. Contact a verified broker on Propmyna for current availability and payment plans.
Total Environment Building Systems has a strong track record of delivering projects on schedule. Total Environment The Magic Faraway Tree carries RERA registration PRM/KA/RERA/1251/310/PR/171015/000424, PRM/KA/RERA/1251/310/PR/181204/002194, which legally obligates the developer to honour the committed possession timeline or pay compensation.
The possession timeline for Total Environment The Magic Faraway Tree is governed by the RERA registration (number: PRM/KA/RERA/1251/310/PR/171015/000424, PRM/KA/RERA/1251/310/PR/181204/002194). Currently Under Construction, the project's milestones can be tracked on the official RERA portal for Bengaluru.
Total Environment The Magic Faraway Tree by Total Environment Building Systems is home to 360 units across 3 towers on 12.0 acres in Vakil Garden City. The community features Natural Pond, Volleyball Court, Tennis Court, Fire Alarm, Swimming Pool, and more, fostering an active, social lifestyle for residents and families.
Comments
I heard about some issues with their older projects where possession got delayed significantly. Is Magic Faraway Tree on track for its 2024-09-01 possession date? And with 360 units, will they maintain quality across all of them? Nervous about this.
Yes, market mein kaafi projects delayed hain
Possession delays are common in Bengaluru, especially with the current market conditions and labour shortages. TE has a good track record *mostly*, but even they aren't immune. I'd check the RERA portal for updates on PRM/KA/RERA/181204/002194.
Exactly! I'm also looking at properties in that range, and this thought keeps me up at night. Resale value is everything for long-term investment. Kya pata TE bhi baaki builders jaisa ho?
It's not just about TE, it's about the general trend. Builders are cutting corners to meet deadlines and margins. You need to have a good lawyer scrutinize the agreement and hire an independent inspector before possession. That's the only way to safeguard your investment in today's market, especially for such a big amount.
Since January, I'm eyeing Total Environment Magic Faraway Tree. I know builders hide quality issues. Poor construction kills investor ROI, high maintenance, tenant attraction. What's the real ground reality for resale value there?
Bhai, TE ki reputation acchi hai for design, but construction quality can be tricky. I visited their project near Agrahara Layout a few years back, and while aesthetically pleasing, kuch finish issues the. For a project with Possession date: 2024-09-01, you need to be extra careful with ongoing projects. RERA number PRM/KA/RERA/171015/000424 hai, but still, due diligence is key.
Magic Faraway Tree ka price point hi itna high hai (₹3.7 Cr – ₹7.3 Cr), wahan quality compromise kaise expect kar sakte hain?
Totally agree. Mere friend ne ek project liya tha Aavalahalli mein, builder ne bahut promises kiye the but quality was sub-par. Resale mein kitna loss hua usko! TE ka naam toh bada hai, but ground reality kya hai, pata nahi.