NEO - MIDAS VILLA PLOTS FOR SALE NEAR HOSKOTE

NEO – MIDAS

Over view

Project spread across 11 acres comprising of 168 plots
Hoskote being developed as Satellite Township and Infrastructure Corridor spreading 6,000 acres
Project approved by BMRDA-HPA (Approval Body)
Few minutes' drive from Whitefield & KR Puram, closer to Airport
Home to VOLVO, Bando & Honda, Mahindra & Mahindra Aero space
1,500 acres Auto Hub coming up in Narsapura near Neo-Bangalore
468 Japanese companies have units on the Bangalore-Chennai belt
284 Km STRR connecting Hoskote; 6 lane Bangalore-Chennai expressway

Amenties

Clubhouse

· Gymnasium

· Swimming pool

· Childrens play area

Price list as on 25 may 2015 [ subject to change without prior notice ]

Premium Charges: East facing plots - 10% | Corner plots - 20%

Payment Schedule

· Booking Amount of Rs 25,000/-

· 30% less booking amount payable at the time of entering into Sale agreement

· 70% payable at the time of Registration

Other charges

· Club House charges Rs 50,000/-

· Layout maintenance advance deposit per month @ Rs 1 per sq ft for 3 years

· Legal, Khata, Liaison & MISC charges (Type A & B Rs 40,000/- & Type C Rs 50,000/-)

· Registration & Stamp duty extra

Frequently Asked Questions-Neo Bangalore ( Midas )

Who is the developer of the project?

Artha.
What are the approvals of the project?

BMRDA-HPA* ( Hoskote planning authority ) approval.
What is the extent of land area and how many plot?

11 acres and 168 plots.
Are these a villa or a plot project?

It's villa plot project.
Is this project been approved by Banks/ Housing finance institution (HFI) for loans ?

It's in process and will be approved by major financial institution.
What is the source of water for this project?

Bore Well & Panchayath water supply
Would the developer provide electricity and water connection of the project?

Yes, electricity, water supply and sanitary line connections provision will be made available for each villa plot.
What is the possession time you are promising for completion of the project?

The project excluding common amenities and club house is expected to be completed in 18 months with the grace period of 6 months.
Will the project have entrance arch, compound wall?

Yes project will have entrance arch, front compound wall and there will be barbed wire fencing.
Can the customers have individual bore well?

No.
What are the extra charges excluding the sale price and how much?

Extra charges are as follows:

Registration and stamp duty at actual
One time club house charge: Rs 50,000/-
Layout maintenance advance deposit @ Rs-1 per sq ft per month of plot area for 3 years
Legal, Khata, Liaison and MISC charges for

What is the provision for visitors parking?

It will be provided near the club house.
Who will maintain the layout after the completion?

For first 3 years after project completion, Developer will maintain and then it will be handed over to Owners Association.
When does the maintenance start?

Maintenance period commences from the date of project completion.
When will be the khata be issued in my/our name?

We will provide the Khata within 90 days from the date of Registration.
What is the power back up for independent villa & common area?

24/7 power back up will be provided for common area & club house. Power back up for your Individual Villa should be organized by each owner independently.
Can I construct multiple dwelling units in my plot?

No. Only one single dwelling unit per plot is permitted. .
When can customer start the construction?

Construction can commence after project completion and also customer has to apply and get the individual plan approved by local authority.