About Assetz Marq
Assetz Marq is a pre launch project by Assetz Homes at Kannamangala, Whitefield. The project is spread across 28 acres of land out of which 23 acres is for residential development and 5 acres is for commercial use. The project consists of 2BHK, 3BHK, Duplex and Penthouses with sizes ranging from 1234 sqft to 3110 sqft.
The project is ideally located on the Whitefield-Hoskote main road with close proximity to major IT parks of Bangalore such as ITPL.
No of Floors in the project
- Tower 1: 2B+G+13
- Tower 2: 2B+G+9
- Tower 3: 2B+G+26
- Tower 4: 2B+G+8
Project Analysis
- Approvals Status: All approvals obtained.
- Layout Analysis: The layout shows a great emphasis on the landscaping, and with all facilities in house. It also has space for social infrastructure like Commercial building, School etc. Moreover each building doesn’t look each other, every building has one complete wall along the face of the building.
- Public feedback about the project: There is a serious concern about the water availability.
- Special attractions of this project (USP): It’s mini city concept, with facilities like commercial building, retail store, school etc. along with residential apartments, which differentiates the project from other luxury projects.
Payment Schedule
- Booking Amount / 5 % for execution of agreements (Within 7 Days from Booking): 5%
- 25 % post agreement signing (Within 15 days of booking): 24%
- Completion of Foundations for the respective Tower: 5%
- Completion of Lower Basement Roof Slab to commencement of approx. 60% of the construction: 48%
- Example (26 floor structure)
- Completion of Lower Basement Roof Slab to for the respective Tower: 5%
- On Commencement of Upper Basement Roof Slab for the respective tower: 5%
- On Commencement of First Floor Roof Slab: 5%
- On Commencement of Fourth Floor Roof Slab: 5%
- On Commencement of Seventh Floor Roof Slab: 5%
- On Commencement of Tenth Floor Roof Slab: 5%
- On Commencement of Thirteenth Floor Roof Slab: 5%
- On Commencement of Sixteenth Floor Roof Slab: 5%
- On Commencement of Ninteenth Floor Roof Slab: 5%
- To be paid in December 2016 (Customer): 10%
- On intimation of possession (Customer): 5%
- On intimation of possession (Financier)Other Charges to be paid at the time of Possession: 4%
Additional Charges:
- Floor Rise Charges : Rs.15/floor/sqft.
- Car Parking : Rs.250000
- Preferred Location Charges : Rs.100/sqft.
- Water and Power Charges: Rs.150/sqft.
- Generator and Reticulated Gas Connnection Charges: Rs.75,000
- Legal Charges: Rs.30,000
- Maintenance Charges : Rs.4/sqft. for 1 Yrs
- Sinking Fund at : 40/ sqft.
Apart from the above additional charges towards utilities, clubhouse, registration, legal, etc will be extra.
Note: The project has 60 units per acre, which indicates moderate density of units and enough open space in the project
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