Sriram group of builders in Bangalore have launched Sriram land project in Bangalore. Remember development of the land they are showing now has not been started. Its just plain open land. The papers are not ready, they are showing any papers telling that they are making the papers ready still. No BMRDA approval still. They quoted a price Rs.899/- sft.
Assuming that its a reputed company, we decided to go in for it eventhough we have not seen any papers. We agreed for the price and were about to pay booking amount of 1 lakh. But due to emergency, we were out of town for 1 week. After 1 week, we called them up to pay the booking amount. The marketing guy says, now the price is 999/sft(within a week!). He agreed to give to us for Rs.975/sft. Later within an hour he calls back and says his boss is not even agreeing for Rs.975 and its going to beRs.999, take it or leave it that too for a land where there is no approval, no papers shown.
This is day light robbery, to hike the price of sft by 100Rs for a site where is no developement started and arrogant attitude of the staff and promoters.
I am not sure they areeven going to keep up their promise of the amenities they claim will do when they are becoming greedy like this.
Stay away from this properties, its not worth it.