Vaishnavi Serene | Frequently Asked Questions

1.Where is Vaishnavi Serene located?

Vaishnavi Serene is located adjacent to the CRPF campus Yelahanka, just 4 kms from Yelahanka police station, Vaishnavi Serene is a residential development set in about 10 acres and 33 guntas of land, The development consists of 895 units of 1, 2 & 3 Bedroom homes.

2. What are the different types and sizes of apartments?

Bedroom type	No. Of units	Unit Facing	Carpet Area	Built-up area	Super built-up area
1 BHK	84	East	450 sqft	518 sqft	635 - 640 sqft
2 BHK	300	East and West	644 - 648 sqft	731 - 733 sqft	900 - 950 sqft
3 BHK	512	East and West	774 - 777 sqft	866 - 911 sqft	1060 - 1118 sqft

3. What are the distinct advantages Of this project?

1.Construction:

• Vaishnavi Serene is a dream project for any home seeker due to its impeccable planning.
• Every single aspect has been thought through and designed.
• Use of best-in-class European off-site precast construction technology assuring timely delivery.
• The main advantages of European precast technology are consistency of quality and speed of construction.
• The use of such technology helps in saving up to of the time taken for similar project using normal construction methods.

2.Connectivity: 

• Located in high growth corridor of North Bengaluru.
• Easy and signal-free access to RIAL.
• Excellent connectivity to all parts of Bengaluru via Bellary road connecting Outer Ring Road and CBD.
• National Highway NH7 passes through Yelahanka acting as a bypass road.
• State Highway 9 (Bengaluru - Hindupur) divides the suburb into Old Town and New Town.
• Yelahanka is a junction railway station of South Western Railway Zone. sewed by Indian Railways, The station lies on the train line connecting Bengaluru with North. West and Central India.
• Proposed Namma Metro: The airport line which will be an extension of the Gottigere - Nagawara line of Phase-Ill will have halts at Hegde Nagar. Jakkur. YeLahanka (Kogilu Cross) and Chikkajala before terminating at the airport (Source: Karnataka State Budget 202B — Finance Department).

3.Industries and IT parks: 

• Federal-Mogul Goetze (India) Limited - 3.7 kms
• Esanosys Technologies — 4.2 kms
• Sri pradhyumna Technologies Pvt. Ltd, - 7.5 kms
• NorthGate Offce park — 7.6 kms
• Ranflex India Ltd - 11.2 kms
• Ecopolis - 13.1 kms
• Astra Zeneca Pharmaceuticals — 13.1 kms
• Manyata Embassy Business park — 14.0 kms
• Doddabalapur Industrial Estate - 15.9 kms

4.Hospitals: 

• Navachethana Hospital — 3.8 kms
• Omega Hospital — 4.5 kms
• KK Hospital — 4.8 kms
• Lakshmi Polyclinic and Eye Hospital — 5.3 kms
• Ashwini Hospital — 5.7 kms
• Cytecare Hospital — 8 kms
• Prolife hospital — 8.5 kms
• Columbia Asia Hospital — 10 kms
• Aster CMI — 13.5 kms

5.Educational Institutes: 

Schools

• Nagarjuna Vidyanikethan — 220 mts
• Kendriya VidyaLaya CRPF — 1.7 krns
• Presidency school — 3 kms
• Mallya Aditi International School — 3.9 kms
• Seshadripuram Public School — 4.2 kms
• Jnana Jyothi School — 4 4 kms
• National Public School — 4.5 kms
• Poornaprajna Education Center — 4.8 kms
• MEC public school — 4.9 kms
• Cambrid School — 5 kms
• Chrysalis high — 5 kms
• New age World School — S .2 kms
• Bharath English High School — 7 kms
• Canadian International School — 9.1 kms

Colleges:

• Nagarjuna Pre-university college — 2 kms
• BMS Institute of Technology — 2.2 kms
• Srishti Institute Of Art. Design and Technology — 3.7 kms
• Seshadripuram First Grade College — 44 kms
• Nitte Meenakshi Institute of Technology — 6.1 kms
• Sai Vidya Institute Of Technology — 7.5 kms
• Sir M. Visvesvaraya Institute of Technology — 9.5 kms
• Brindavan College Of Engineering — 10 kms
• Reva Institute Of Technol and Management — 12.3 kms
• Sri Venkateshwara co e Of Engineering - 13 kms

4. What are the amenities provided?

Serene offers a plethora of thoughtful amenities to cater to the recreational and fitness requirements of its residents:
Outdoor:

• Amphitheatre
• Basketball
• Beach Volleyball
• Central plaza
• Community court
• Cricket practice pitches
• Expansive swimming pool
• Outdoor gym
• Tennis court
• Serene will also feature a Farmers' Market which IS one of Its kind and a whole new concept in community living.

Landscaping:

• Tree plaza. Party lawns. Rain pavilions. Lush green gardens and Tree Lined avenues

Indoor: 20.000 sq. ft. V Club featuring

• A premium banquet hall
• Provision for convenience store
• Health club
• Fully equipped gymnasium
• Yoga and Aerobics room
• 2 full-sized Indoor Badminton courts
• Table tennis
• 2 POOL tables
• Space for children's activities

5. Are the apartments Vaastu compliant?

All units are Vaastu compliant with great emphasis on functional aspects such as circulation and ventilation, The basic aspects such as position/location of entrance, master bedroom and kitchen are addressed in each and every home.

6. Who are the Architects/Master Planners of Vaishnavi Serene?

Destination Designs are the key architects and Master Planners. Design Milieu are the landscape architects.

7. Is this a phased development and what is the timeline for completion?

The entire project will be developed in two phases,

Phase 1 Will be ready for possession Within 36 months + 6 months grace period from the date Of commencement.

Phase 2 will be ready for possession within 42 months + 6 months grace period from the date of commencement.

8. Is there any differential price based on the floor and orientation of the apartments?

There Will be differential pricing for apartments. Selected apartments Will attract a preferential location charge (PLC). Although there won't be any floor rise charges.

9. How do I book my home at Vaishnavi Serene?

On choosing your apartment from available options you will be entitled to fill in the Booking Application Form. Pay the initial booking amount of the total sale value by way of cheque/DD favoring "Vaishnavi Anushka Infrastructure LLP" along with the required supporting documents. (A copy of a PAN card. Aadhar card of the applicants.)

10. What happens thereafter?

On realization of the initial payment, agreements will follow on payment of 15% of the sale value, the execution of the agreement should be within 30 days from the date of booking

11. When do get a confirmed allotment?

On payment of 10% Of the sale value the allotment Will be confirmed.

12, Are there any finance schemes?

Vaishnavi is offering a (Pre-EMI) scheme for first 250 bookings. under this scheme. The homebuyer books the property by paying 10% upfront, 80% is paid by the bank in the form of a loan to the buyer (subject to customers' eligibility and at the sole discretion of the bank). The bank disburses the loan to the developer as construction progresses. The cost of the subvention scheme will be borne by the customer.

13. In case Of regular payment, how are the installments to be paid and is it time bound?

Installments are to be paid as and when the milestone demand is raised as per the payment schedule was drawn, The payment schedule is progress linked (time-bound), In case of a home loan, consent email will be sent from the customer to the bankers for disbursal of the demanded payment.

14. What happens if I cancel my booking?

In case the cancellation happens before the execution Of the agreement (after signing the booking form). as per the terms of the Booking Form. R5. 50.000 will be deducted as cancellation charges and the balance refunded. In case of cancellation after the execution of agreement then 10% of the total sale value Will be deducted as cancellation charges and balance Will be refunded.

15. When does the development start and when can I expect to move into my new home?

Construction is tentatively scheduled to commence by September 2018 and your new home will welcome you from September 2021 to March 2022 onwards.

16. Are modifications permitted in the apartment?

The specifications and designs have been carefully worked out keeping the off-site precast construction technology and considering the number of apartments and the delivery date. customization will not be possible in the collective interest of the purchasers, Moreover, we have considered all aspects from a home buyer's perspective.

17. What about car parking space?

We provide one covered car parking space for every apartment. Additional car parking requests will be taken up towards project completion and are subject to availability.

18. Is the title of this property clear?

We have a clear marketable title and the property free from all encumbrances.

19. Has the BDA/BBMP sanctioned the plan?

Yes, the development plans have been sanctioned by BBMP.

(Plan sanction BBMP/ADDL.DIR/JD NORTH/LP/0322/2017-18)

20. Is the project RERA registered?

We have applied for RERA registration and we have received the RERA registration acknowledgment number. AG/KN/170727/000109

21. What are the documents that need to be signed?

The documents that need to be signed are Booking Form and Agreement to sell, In case the customer opts for the home loan, depending on the bank/HFI he/she may have to sign a tripartite agreement with the builder and bank Dur•ng registration Sale Deed has to be signed.

22. What is the process Of registration and when does registration take place?

Registration is the process wherein the title of the property is transferred from the builder to the customer. This involves execution Of the Sale Deed in the presence Of the Sub-Registrar on payment of the requisite charges. Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional charges

23. What are the additional amounts to be paid?

• BESCOM and BWSSB charges. CST. Registration charges. Khatha Assessment Charges, Advance maintenance charges and any other statutory charges/duties as applicable.

• CST is payable on the total sale value proportionately as per the payment schedule drawn. Construction of apartments attracts CST @18% ICGST @ 9% and SCST @ 9%.

• However. as the supply of service in relation to construction Of residential complex also involves transfer Of "land/ undivided share of land" which does not attract CST, the value of such land/ undivided share of land is deemed to be 1/3rd of the total amount charged for such supply,

• This implies that CST on an apartment (for which a part or total consideration is received prior to issue of a completion/occupancy certificate or its first occupancy, whichever is earlier), shall be 2/3rd Of the total consideration charged for such supply (thus GST payable on an apartment works out to be 12% of the total consideration inclusive of the value of a Land/ undivided share of land)

24. Has Vaishnavi Serene been approved by leading housing financial institutions/ banks?

Yes we have select banks/HFls who will extend loans to customers based on their eligibility criteria.

25. Who will take care of the maintenance of this property?

The initial period Of one year after the completion Of the project Will be undertaken by Vaishnavi Group. and subsequently handed over to the Apartment Owners Association. The advance maintenance charges will be payable during handover and will be on actuals.

For more information clarifications and queries:

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Vaishnavi Serene | Yelahanka | New Launch | Vaishnavi Group

Vaishnavi Serene New Launch Project by Vaishnavi Group Location: Yelahanka Bangalore.For Details on Location, Master Plan, Offers, Reviews, Contact us.

Please email us at: info@homeadda.co.in

Contact us: 09590101000