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13 insights shared by the community.
What residents appreciate the most
The builder, Anvita Group, has received RERA and HMDA approvals for the project, and loans have been sanctioned by major banks like SBI, indicating a thorough verification of legal aspects. The group is a Platinum Sponsor at major property shows and has been recognized with awards such as 'Iconic Project of the Year' at the Times Business Awards. It is also involved in a joint venture with other reputable groups, suggesting shared expertise and resources. Initial market sentiment indicated no negativity about the builder, and there are plans for significant future investments.
The fact that it's a joint venture with other groups adds to the perceived reliability and resource backing for the project.
The project has RERA approval and SBI has sanctioned loans, which gives confidence that all legal checks have been cleared.
The builder's participation in major expos and recognition as 'Iconic Project of the Year' suggests a strong and credible presence in the market.
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The project boasts excellent connectivity, being strategically located just minutes away from ORR Exit 2 and the service road. This provides very good access to the Outer Ring Road, making commutes efficient. Its proximity to a cycling track further enhances its appeal for residents, offering an unbeatable location advantage.
The location is a major advantage, being very close to the ORR and its service road, which will definitely be beneficial in the future.
Connectivity is superb, practically walking distance from the ORR Exit 2, which is a huge plus.
The project's location is well-connected, especially with its proximity to ORR Exit 2, making travel convenient.
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The project offers a wide array of amenities that are considered superior to those provided by many larger, more established builders. It features well-planned layouts, including a peaceful, vehicle-free podium designed for relaxation and social interaction. The development includes two clubhouses spanning over 80,000 sqft, sky bridges connecting all nine towers, lush terrace gardens, and an impressive 80% open space, contributing to a luxurious and grand living experience with high-end architecture.
The layouts are very well planned, and the amenities are impressive, contributing to a great living environment.
The concept of a vehicle-free podium for relaxation and socializing, along with the extensive clubhouses and open spaces, is a significant draw.
The amenities offered here are truly top-notch and seem to surpass what many well-known builders provide.
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For those able to make a one-time payment (OTP), units from landowner shares are available at significantly lower prices, ranging from approximately ₹5499 to ₹6000 per square foot. This offers a substantial discount compared to the builder's quoted prices, potentially leading to considerable savings on the overall cost, including GST and registration benefits.
If you have the upfront capital, going for an OTP through landowner shares can save you a significant amount of money.
Landlord shares are a great option, offering a much better price than what the builder is quoting directly.
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The project is a large-scale development spread across 15 acres, featuring nine towers, each with 30 floors. It offers a wide range of unit configurations, including 2, 3, and 4 BHK apartments, as well as sky villas, totaling over 2200 units. This extensive scale and variety cater to diverse buyer preferences and needs.
The sheer scale of the project, with so many towers and units, is impressive and offers a lot of choices.
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Despite being in the early stages of construction (excavation and foundation work), the progress is generally viewed as satisfactory. The builder provides regular monthly updates through dedicated WhatsApp channels and YouTube, ensuring transparency for buyers.
I'm quite satisfied with how the construction is moving forward so far.
Construction progress seems to be on track, and the builder is transparent with monthly updates.
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There are active WhatsApp groups specifically for flat owners of the project, facilitating direct communication and information sharing among buyers.
It's helpful to have an active WhatsApp group for owners to discuss updates and queries.
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Where residents want improvements
There have been recurring reports and discussions about legal issues surrounding the project and the builder. These include initial concerns about income tax raids on the Anvita Group, a pending legal case dating back to 2016, and specific mentions of land disputes with landowners that have reportedly caused project delays. While some sources indicate these issues have been resolved or are not problematic due to RERA approval and bank sanctions, the persistent nature of these discussions raises red flags for potential buyers.
There are persistent rumors about legal issues and land disputes, which makes me hesitant despite other positives.
I heard about an income tax raid and a long-standing legal case, which is a significant concern for me.
The mention of land disputes causing delays is worrying, even if the builder claims they are resolved.
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The builder's quoted base price for units, around ₹6999 to ₹7300 per square foot, is considered by some to be on the higher side or even exorbitant for the Kollur/Tellapur area. This pricing has led to discussions and attempts by buyers to negotiate for better deals.
The quoted price of 7300/sft seems quite high for this location, making me question its value.
I'm trying to negotiate the price down as the initial quote feels a bit exorbitant.
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The builder, Anvita Group, is relatively new and does not have an extensive portfolio of completed projects, leading to a lack of comprehensive feedback on their construction quality, maintenance standards, and handover processes for previous developments. Some prospective buyers have expressed doubts about the quality of this project compared to the builder's other offerings like Ivana.
I'm unsure about the builder's track record, especially regarding how they manage maintenance after handover.
There isn't much information online about the builder's past projects, which makes it hard to assess their construction quality and reliability.
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There is a notable concern among potential buyers regarding possible delays in project delivery. The builder is perceived as newer and potentially slower compared to more established developers. Furthermore, a previous project by the same builder, Ivana, reportedly experienced significant delays, extending up to six years, which casts a shadow on the expected timelines for this project. Land disputes have also been cited as a reason for initial construction delays.
The reported six-year delay for their Ivana project makes me very cautious about the promised possession date for this one.
My main worry is the delivery timeline; the builder seems slower than bigger names, and I've heard about delays in their other projects.
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The project is characterized by a high density of units per acre, with over 2200 units spread across 15 acres. This high density raises concerns among some about potential overcrowding, increased traffic within and around the community, and the possibility of future maintenance issues, as observed in other high-density societies.
I worry about the sheer number of flats and how that might impact maintenance and general crowd levels in the long run.
The project seems very high density, which makes me concerned about future traffic and overall living experience.
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The social infrastructure in the Kollur area, where the project is located, is still in its developing stages. While rapid progress is anticipated, residents might experience a temporary lack of fully established amenities and services in the immediate vicinity until the area matures.
The surrounding social infrastructure in Kollur is still catching up, which might be a minor inconvenience initially.
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