Astro Green Cascade plots, Choodasandra, Gattahalli, (Off Sarjapur Road) Bangalore.
By Astro Builders. Review as on April 2016.
Address: Choodasandra, Gattahalli, Bengaluru, Karnataka 560099
(being advertised as Sarjapur Road, Bangalore)
The layout will be divided into 300 BDA approved plots and site sizes will be 30x40, 30x45, 30x50, 40x60, 40x70, and 40x80.
Proximity from this project:
Electronic City - 8 km
Hosur Main Road - 6 km
Sarjapur Main Road - 3.5 km
Wipro Corporate Office - 5 km
Primus International School - 1.5 Km
Prakriya School - 1.25 Km
Sophia High School - 2 Km
3 Towers construction was proposed for apartments for which it seems approvals were not in place. That plan is now closed.
In Nov 2015, I visited the place and 30X40 site was quoted at 40.80 Lakhs i.e Rs 3, 400 per sq ft. In 2016 it seems some marketeers have been appointed and trying to sell the plots at Rs 4, 000 per sq ft.
It is not clear whether these are BDA approved as these are still plots. What has BDA approved?
It seems that water is the main problem. Although 4-7 bore wells are already dug/in process of being dug, the water is not sufficient for families in 26 acres of property.
The property is near IT hub of Electronic city, equidistant from Konapanna Agrahara(11.5 km, approx 30 min drive), or 8 km(25 min drive from Electronic City main bus stop.
It is closer to Wipro office in Sarjapur Main Road(5.1 km, approx 15 min drive).
As property prices in Bangalore are stagnant and are not expected to move up in the near future, it is definitely not worth putting in money as an investment, however, in case you would like to stay/live, then low water could be an issue, even though it is near Gattahalli lake(previously joined to Raysandra Lake)
This layout does not have a straight connecting road from Electronic City or Sarjapur Main Road. It is all via narrow lanes and other peoples property. There is NO bus service by BMTC or private operators. Not sure if a bus can even reach this layout in future.
IT(Information technology) is also not doing too well since past 5 years, and seems to have peaked out. A number of rental flats are also not occupied within Bangalore City.
These plots were available on 2013 as far as I know and were priced around Rs 500 per sq ft. Now some marketing agents are selling the same at Rs 4, 000Â Â per sq ft to unsuspecting buyers. My personal evaluation is that it is worth around Rs 1, 500 per sq ft.
Instead of purchasing a plot for 35-40 Lakhs and paying an EMI of 35, 000 every month plus cost of construction with your own money, it would be better to stay in a rental flat/apartment with all amenities(like kids club, gymnasium, social events, etc) for a much lower price of 15 - 20 thousand per month. The rest of the money can be saved or used for betterment in childs education/lifestyle, etc.
The above is just an idea and personal experience, you can take as a suggestion. Do your own research. the decision should be yours always.
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