Ishtika Anahata
Live data
12 insights shared by the community.
What residents appreciate the most
While identified as a mid-scale and newer builder, there is an acknowledgment of a 'decent track record so far' from their limited previous projects, suggesting some level of prior successful execution.
Newer builder, decent track record so far
Keep it clear, factual, and helpful for other residents.
The project is noted for offering competitive pricing, which, combined with the provision of spacious flats, makes it an attractive proposition in the market.
Overall, I liked the project based on location, pricing and what was being offered.
They are RERA registered, with spacious flats and competitive price.
Keep it clear, factual, and helpful for other residents.
The project is situated in a promising area of East Bangalore, specifically near Samethanahalli and Soukya Road in Whitefield. This location is highlighted for its excellent connectivity to major IT hubs like Whitefield and ITPL, and is expected to benefit from significant future developments, suggesting strong potential for property value appreciation.
Soukya road, whitefield has potential to really blow up.
Location: Near Samethanahalli / East Bangalore side (good access towards Whitefield, ITPL, and upcoming developments)
Keep it clear, factual, and helpful for other residents.
The project holds RERA registration, which provides a foundational level of regulatory oversight and transparency, offering some assurance to prospective buyers regarding the project's legitimacy and adherence to certain standards.
They are RERA registered, with spacious flats and competitive price.
Keep it clear, factual, and helpful for other residents.
The builder, Ishtika, explicitly states their intention to establish a strong brand presence in Bangalore, with Ishtika Anahata serving as a pilot project. This commitment could translate into a focused effort to deliver high quality and ensure customer satisfaction to build a positive reputation.
They are saying that they are new and want to create a brand in Bangalore with this as the pilot project.
Keep it clear, factual, and helpful for other residents.
Initial assessments of the project indicate that both the construction quality and the planning of the unit layouts appear to be satisfactory. The project is also noted to be under active construction, showing tangible progress.
Construction quality and layout planning looked decent Project is currently under active construction
Keep it clear, factual, and helpful for other residents.
Where residents want improvements
Investing in a project by a new or less established builder like Ishtika is considered a significant risk. Concerns include potential inexperience leading to design flaws, financial instability, and the danger of project delays or even non-completion, especially if the builder struggles to secure adequate returns. Thorough due diligence is strongly advised.
Would you suggest gambling on this builder?
But with this comes the danger of the builder's going poof and being not delivering under-construction projects if they're unable to gather the returns they seek.
if the inexperience shows face, the project might have a lot of design flaws or issues wrt handover, delays etc.
The track record of the builder - have they delivered on time, in all their projects. Build quality, post sales support, delivering as per promises, all these are most important.
Keep it clear, factual, and helpful for other residents.
For smaller or newer builders, projects often involve Joint Development Agreements where land is owned by multiple individuals or families. This arrangement can introduce complexities, including potential legal disputes if all co-owners or heirs do not properly sign sale agreements or relinquishment deeds. Buyers are specifically cautioned against purchasing 'landowner units' due to possible future complications.
I am concerned if this can cause legal issues in future. Will definitely get it verified from a lawyer
I'd just advise you to go for builder share unit and not the landowner unit. Because that has possibilities of some issues in the future (though rare).
All the named persons must also sign the sale agreement, just mentioning them doesn't do anything for you. If there is a coowner or potential coowner the only way there can be no litigation is when they have proper relinquishment deeds or cosign your agreement or have joint venture with the seller and agree to the terms in the agreement. Given the number of people involved, i believe unless there's everyone's signature or proper deeds involved( gift deeds are shady when it comes to ancestral property, or parents "no will" property. Be very careful, spend money on lawyers instead of guessing here.
Unless they have all landowners listed in the sale agreement it should be fine. Get the papers propely verified from one of your trusted lawyers. Also they allocate some specific units to the landowners in exchange for the land that they are building on. And yes this practice is quite common in Bengaluru.
Small builders often do not have the cash to buy land. So they do JDs , but landowners don't just take a cut of sale as with the big builder JDs. These landowners take some units and then they continue to behave as owners, they will not pay maintenance, throw tantrums, etc.
Keep it clear, factual, and helpful for other residents.
The builder, Ishtika, is described as mid-scale with a limited number of previous projects. There is a noticeable lack of online presence, and it's challenging to find their claimed past projects on platforms like Google Maps. This raises concerns about the builder's established experience and verifiable history.
How would you rate investment in ishtika anahata is it worth to buy a flat theress its new builder or is it a wrong chouce
Came across Ishtika vibranium developers, they don't have a lot of online presence. They claim to have built apartments in Bangalore, Bellari, Hospete, but couldn't find it in google maps.
Builder: Ishtika (mid-scale builder with a limited number of projects)
Keep it clear, factual, and helpful for other residents.
There are general concerns about a newer builder's ability to consistently deliver projects on time, maintain promised build quality, and provide effective post-sales support. Inexperience could lead to unforeseen design flaws or difficulties in resolving issues after handover.
The track record of the builder - have they delivered on time, in all their projects. Build quality, post sales support, delivering as per promises, all these are most important.
if the inexperience shows face, the project might have a lot of design flaws or issues wrt handover, delays etc.
Keep it clear, factual, and helpful for other residents.
For newer builders, it is generally recommended to exercise caution and avoid purchasing units during the pre-launch phase. It is advised to wait until the project has secured RERA certification, all plans and brochures are finalized, and substantial construction work has visibly commenced to mitigate risks.
Newer builder, decent track record so far, wouldn't buy a pre-launch from them though, wait till RERA certification, plans, brochures & some construction work begins.
Keep it clear, factual, and helpful for other residents.
The project is quoting a price of 8199 + GST per square foot. While not explicitly stated as high or low, this specific price point is a factual detail that potential buyers would need to evaluate against current market rates and their budget.
8199 + GST
Keep it clear, factual, and helpful for other residents.