MARQ
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15 insights shared by the community.
What residents appreciate the most
The project is part of a sprawling 22-acre integrated township, offering a self-sufficient living experience. It includes a school (Chrysalis High) within the campus, providing convenience for families, and a mall located directly opposite, enhancing retail and entertainment options. This integrated approach aims to provide world-class amenities and smart living.
They have a school on campus and a mall right opposite.
The project is a township with apartments for those who have found their space complete with relaxed air and natural calm.
The construction quality is good and many like the convenience of a school within the campus.
Location is great and having a school within the complex is another advantage.
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There is an active rental market for apartments within the project, with 3BHK semi-furnished units available for rent. The frequent announcements of handovers for luxurious 3BHK and 4BHK homes, designed with premium interiors, indicate consistent project completion and occupancy, reflecting a dynamic and desirable living space.
Recently completed project at Assetz Marq Whitefield.
3 BHK Semi Furnished Apartment for Rent in Assetz Marq located in Kannamangala, Rent is 40K + Maintenance.
Excited to hand over our latest project to a client at Assetz Marq, Whitefield, Bangalore. A space designed with passion, precision, and a touch of luxury!
Proud to hand over this luxurious 4BHK home interior to our client at Assetz Marq, Bangalore.
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The apartments, particularly in later phases, are noted for their spaciousness and well-thought-out floor plans. Bedrooms are larger than those in many competitor projects, and some units include walk-in cupboards and additional space, maximizing utility and comfort. The layouts are appreciated for their open areas and efficient use of Super Built-Up Area (SBU), with a reported 75% efficiency.
Rooms are quite spacious compared to other apartments.
The bedrooms are bigger than most competitor projects and rooms have walk-in cupboards and additional space.
I liked the open area and the layouts, which were the deciding factor, especially the 75% efficiency on SBU.
The floor plans are well thought out and uniquely spacious.
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The project is situated in a calm area, free from the immediate vicinity of high-rise buildings, contributing to a peaceful living environment. It benefits from a strategic location directly off a wide main road, ensuring good connectivity and accessibility, which is a significant advantage over projects with narrow, pothole-ridden approach roads.
The project is located right off a wide main road, which is ideal compared to projects off narrow approach roads.
It's a calm place with no high-rise buildings nearby, and the approach road is a double road.
The location itself has a number of positives, with good connectivity options.
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The developer is generally regarded as a good builder with a strong presence in the city. The involvement of a renowned construction company like Shapoorji Pallonji in building some phases suggests a commitment to good construction quality. While earlier phases had issues, later phases (Marq 2 and Marq 3) are perceived as having more premium builds and looking promising.
Shapoorji Pallonji is constructing, so quality will be good.
The construction quality is good.
Marq 1 is poorly built but their latest buildings Marq 2 & Marq 3 look promising.
Assetz is a good builder and has a lot of projects in the city.
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Feedback from existing residents, particularly in Phase 1, indicates a generally positive experience with no adverse reviews reported. The project is observed to be well-maintained. The newer phases, Marq 2 and Marq 3, are specifically highlighted as promising, suggesting an improvement in overall quality and resident satisfaction.
We reached out to 3-4 people who are staying in 1.0 and none of them gave us an adverse review.
Residents from Phase-1 mentioned no issues and that project also looks very well maintained.
Phase 2 and 3 are more premium builds than Phase 1 and if you get at 12.5K it is a decent deal.
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The project is strategically located approximately 2-3 km from a metro station that is soon to be operational, promising enhanced connectivity. The surrounding area is anticipated to undergo further development over the next 2-3 years, which could potentially boost the project's value and convenience.
2-3 km away from a metro station soon to come.
The area will develop further over the next 2-3 years.
The extension of the metro station will be through the road itself, as per the approved plan.
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Where residents want improvements
The project's pricing is a significant concern, with many perceiving the per square foot rates as excessively high, especially for a property in its location. A 'stress sale' listing at ₹2.25 Cr for a 3BHK was widely criticized as being far above actual market value, with suggestions that the true value is much lower. There's a strong sentiment that apartments, particularly this project, are not good investments due to low rental yields and poor resale potential, making them a 'cash burner' if bought on long-term loans.
Prices don't look like a stress sale; it's more like stress for the buyer.
Flats are not investments. It is a cash burner if you buy on 10-20 year loans.
The rates are very high (~10.5K/Sqft). Is it worth it?
By god these Assetz agents are coming up with new tactics every other day.
Not worth more than 1 cr. 2.25 cr is like fooling people.
Marq was selling for approx 8500 in 2023. So just keep in mind you're paying 4500 or 50% premium.
The apartment is not an investment instrument, so don't buy it if you are not gonna stay there.
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There are serious concerns regarding the developer's reputation and customer service. Specific complaints highlight the CRM and leadership as being unresponsive to 'critically sensitive life threats' in one of the phases (Marq2). Some express deep distrust, advising others to avoid the developer entirely, labeling them as merely a 'marketing agency' rather than a reliable builder.
I literally promised myself NOT to touch any Assetz property again.
Alert to all interested customers this may actually be really black like Marq2, stay alert & safe before you invest your time & money, there is team of mannequins called CRM & leadership who only have deaf ears to critically sensitive life threats.
Avoid Assetz if you can. They are nothing but a marketing agency.
Assetz has had delays in the Marq project.
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Several comments indicate that the apartment rooms are 'very very optimized,' leading to a lack of functional space. Specifically, after accommodating a queen-size bed, there might be insufficient room to walk around in the second bedroom. Concerns are raised about fitting standard furniture like 6-seater dining tables or larger couches without compromising movement, and limited kitchen countertop space.
I'm designing for a client there and couldn't fit anything in the second bedroom after accommodating a queen size bed.
The houses we saw are very very optimized with little room for eventual changes.
Asset Marq flats are so tiny.
In the dining room, what happens if you put a 6 seater dining table instead of the 4 seater they show in the model flat?
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There is uncertainty and skepticism surrounding promised infrastructure developments, such as the Peripheral Ring Road (PRR), with claims that the builder might be misleading buyers about its timeline and impact. Additionally, the presence of high tension cables passing directly through the project is a concern, and while there are plans to move them underground, the actual implementation and timeline remain uncertain since 2020.
There is no PRR for the next 10 years. Don’t let the builder fool you.
I read about PRR (Peripheral Ring Road) being approved and passing close to this project, did you check on that as well?
There is a high tension cable passing right through the project and though there are plans to move them underground since 2020, it remains to be seen when that would actually happen.
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The initial phase of the project, Marq 1, is specifically noted to be 'poorly built.' Residents have reported issues with construction quality, such as being able to clearly hear upstairs neighbors speaking, particularly near the kitchen shaft, indicating inadequate sound insulation.
Quality of construction - in phase 1 you can hear your upstairs neighbour speak near the kitchen shaft.
Marq 1 is poorly built.
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Despite some positives, the project's location is criticized for not being close to any major tech parks or hospitals. A significant drawback is the Kadugodi flyover, which acts as a bottleneck, causing immense traffic. This traffic situation is expected to worsen as a large number of new projects are nearing completion in the locality.
Location not close to any tech park or any major hospital. Kadugodi flyover bottleneck and immense traffic. Large number of projects nearing completion in that locality which will worsen traffic.
Sad state to pay 13K for such a far off property.
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A public petition titled 'Protect Public Spaces in Assetz Marq' suggests that there are issues or concerns among residents regarding the preservation or management of common and public areas within the project. This indicates potential dissatisfaction or disputes related to shared amenities or open spaces.
Protect Public Spaces in Assetz Marq - Sign the Petition!
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The payment structure for the project is described as aggressive, requiring buyers to pay a substantial portion, close to 40%, within the first six months. This is noted to be significantly higher compared to other builders, who typically require 25-30% within the same timeframe, potentially posing a financial strain on buyers.
Assetz has a more aggressive payment plan, where you would end up paying close to 40% within the first 6 months, whereas for others builders like Godrej, Brigade I've seen this ranges from 25-30%.
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