S
Shubham Oberoi
Sri Nanjundeshwara Residency: Reality vs. Brochure?
₹1.5 crore for an upcoming project like Sri Nanjundeshwara Residency? Yaar, I'm really not sure. Kids have moved out, so we're selling our big house and need something compact, low-maintenance. But everyone glorifies these new builds. I'll say what no one says: are these 'upcoming' projects actually livable daily, or just good on paper? What about the hidden maintenance costs and hospital access? Disagree? Tell me why.
#sri-nanjundeshwara-residency#upcoming-project#livability#maintenance-charges#hospital-proximity
Comments
Hidden costs are my biggest fear! Everyone talks about the EMI, but no one prepares you for the 'surprise' charges. Agree with OP, are these new builds actually practical?
Haan bilkul. My friend bought in Aishwarya Crystal Layout, and they were shocked by the corpus fund contribution and then the monthly maintenance which was almost double what was initially indicated. The builder just hands over the keys, and then you're on your own with the RWA to figure out the finances for security, cleaning, and common area electricity. It's a never-ending cycle.
Beyond maintenance, check for amenity charges. Some builders charge separately for clubhouses, gyms, or even parking spaces that weren't clearly disclosed upfront. Read the sales agreement very carefully, especially the fine print.
₹1.5 crore for just 16 units? That sounds like a really niche, perhaps premium, project. Small projects sometimes mean higher quality and exclusivity, but also less bargaining power for amenities and common area upkeep. Plus, if it's so exclusive, will hospital access and daily needs be nearby?
I'm a first-time buyer too, and this post hits home. I almost booked a flat in a similar 'upcoming' project near Aavalahalli last year. They showed us beautiful brochures and amenities, but when I dug deeper, the actual construction was super slow, and the builder had a history of delays. My friend's parents booked an apartment in Akshayanagar, and they've been waiting for three years past the promised date. It's not just about the upfront cost, but the mental stress and the rent you keep paying while waiting.
Exactly, U3! The 'brochure vs reality' gap is real. Builders often lowball maintenance estimates to attract buyers, and then once possession is given, the RWA takes over and costs skyrocket. Plus, with only 16 units in Sri Nanjundeshwara Residency, the per-unit maintenance share for common amenities could be higher than a larger society. In today's Bengaluru market, where property prices are already inflated, these small details really add up.
Maintenance costs ka kya scene hota hai new projects mein? Builder kitne time tak handle karta hai?
Sahi keh rahe ho. My uncle had a similar issue with a project in Agrahara Layout. The maintenance charges also shot up unexpectedly once the society was formed. They had to fight for months to get things sorted. These hidden costs are a real headache.
Yaar, this is exactly my concern. Builders promise the moon, but ground reality is often different. Has anyone checked their RERA number or previous projects? PRM/KA/RERA/1251/310/PR/220125/007410, is this legit?
2027 end? That's almost 4 years away! So much can change in real estate prices and even builder's financial health by then. Bahut risky lag raha hai.
Haan bhai, RERA number toh legit hai. I checked on the RERA Karnataka website. Sri Nanjundeshwara Residency is indeed registered. The possession date mentioned there is 2027-12-01. But registration doesn't guarantee timely delivery, we all know that.
Totally agree with the original post! ₹1.5 Cr for an upcoming project feels like a huge gamble, especially with the possession date so far out (2027-12-01, I checked). My parents are also looking for something compact, but the thought of paying so much for something that isn't even built yet is terrifying. What if there are delays?