Nikoo Homes 4 in Bhartiya City, Thanisandra, Bangalore

Nikoo Homes 4 in Bhartiya City, Thanisandra, Bangalore

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Key facts

Nikoo Homes 4 is a 1, 2, 3, 3.5 and 4 BHK project by Bhartiya City in Thanisandra Road, Bangalore, with 716 units, now sold out (updated 9 Nov 2026).

Reviewed by Harish Achar, Founder, Homz N Space (RERA Agent Reg. No: PRM/KA/RERA/1251/310/AG/170824/000174)

Price range
Sold out
Configurations
1, 2, 3, 3.5 and 4 BHK
Possession
Jul 2025 Onwards
Location
Thanisandra Main Road, Bangalore
More details
Builder
Bhartiya City
Land area & towers
126 Acres (Total) · 3 Towers, 2B+G+32 Floors
Units
716 Units

More about Nikoo Homes 4

Nikoo Homes 4 is the new residential Apartment project launched in Thanisandra Main Road, Bangalore.

The residential enclave Nikoo Homes 4 is the latest phase offering in the 100+ acre township and features the very best in Bhartiya City’s luxury living segment. The project offers spacious Apartments with luxurious features.

Beautiful landscapes all around Nikoo Homes make it more special & Elite.

The builder is guaranteed to bring a quality living experience to the community of Thanisandra Main Road, North Bangalore with brilliant architecture and an equivalent lifestyle in Nikoo Homes 4.

Nikoo Homes 4 Location has excellent connectivity & it is located at the crux of Thanisandra Main Road near existing and upcoming communities & facilities.

Amenities at Nikoo Homes 4 include a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children’s play area, party hall, and meticulously planned with utmost importance to state-of-the-art 24/7 securities.

Nikoo Homes 4 Reviews, Address and Availability

Nikoo Homes 4 address: 6/2, Hegde Nagar Main Road, Thanisandra, Bengaluru, Karnataka 560064.

For an honest review, see the pros and cons in Nikoo Homes 4 Reviews and Expert Opinions below, covering location, connectivity, pricing and what is still developing nearby.

Is Nikoo Homes 4 still available?

Nikoo Homes 4 is sold out from the builder, so new units are no longer available directly. Fill the enquiry form on this page and our team will suggest similar new projects nearby, with current prices and offers.

Looking for a new home near Thanisandra Road instead? These projects are available now: Adarsh Palm Acres (Bagalur, from Rs. 3.15 Cr); Sumadhura Solea (Rachenahalli, 3 and 4 BHK from Rs. 2.1 Cr); HPR Shades of Green Villas (Kannuru, 4 BHK from Rs. 3.8 Cr); Living Walls True North (Hennur Road, 2, 3, 3.5 and 4 BHK from Rs. 2.21 Cr).

Nikoo Homes 4 Configuration

Unit TypeSize in Sq.Ft
2 BHK Study1302
2 BHK Study1361
3 BHK1686
3 BHK Study1834
3 BHK Loft2131
4 BHK2488

This Project Is Sold Out

There are NO UNITS AVAILABLE directly from the builder for this project. Let us find you other Available projects just like this one.

Location of Nikoo Homes 4

Nikoo Homes 4 · Bhartiya City

6/2, Hegde Nagar Main Road, Thanisandra, Bengaluru, Karnataka 560064

Open in Google Maps
  • 1kmto Bhartiya City5–10 min drive · 2.3 km
  • 4.9kmto Manyata Tech Park20–35 min drive · 7.6 km
  • 5.5kmto Yelahanka Railway Station20–35 min drive · 7.3 km
Where do you need to go?
More about the location

Nikoo Homes 4 is in Bhartiya City, North Bangalore, just off Hennur–Bagalur Road. Bhartiya City is about 1 km, Manyata Tech Park is about 4.9 km and Yelahanka Railway Station is about 5.5 km away, measured in a straight line. The nearest Namma Metro line is the Blue Line (airport line), under construction, about 4.3 km from the project. Neighbouring localities include Kogilu, Thanisandra and Jakkur.

Distances are straight-line from the project’s mapped location. Drive times are estimates: road distance from OpenStreetMap, adjusted to TomTom Traffic Index 2025 city speeds. Real times vary with the day and route, so check the commute from your own starting point in Google Maps. Planned road alignments are approximate.

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Master Plan & Floor Plans - Nikoo Homes 4

Master Plan A - Nikoo Homes 4
Master Plan A

Nikoo Homes 4 Specifications

Structure

  • RCC Framed Earthquake resistant Structure.
  • Cement Blocks for All Walls Wherever Applicable.

Flooring

  • Foyer, Living, Kitchen, Dining, Corridors, decks, Bedrooms.: Vitrified Tiles.
  • Toilets: Anti-Skid Ceramic tiles.

Doors

  • Main Door - Flush Doors with pre-engineered frames and all fittings.
  • Internal Doors - Flush Doors with pre-engineered frames and all fittings.
  • External Doors - UPVC Frames and Sliding Shutters.

Plumbing and Sanitary

  • All CP fittings and Sanitaryware of premium quality from Jaquar / Hindware / Parryware or equivalent.
  • Wall mount cascade EWC in Master Bedroom Toilet & Floor mounted in other toilets.
  • Rainwater Harvesting drain pipes included.

Security

  • Suitable Size and Capacity Passenger and Service Lifts in Every Block & Tower.
  • Round-the-clock security with intercom facility.
  • CCTV Camera at all vantage points.

Electrical

  • 3 KVA power for Studio, 1 BHK, 2 BHK, 5 KVA power for 2.5 BHK, Duplex, 3 BHK, and 8 KVA power for 4 BHK, Loft units.
  • Modular switches of reputed make.
  • Copper electrical wiring all throughout via concealed conduits.
  • 100% Power backup for elevators, common areas & pumps.

Nikoo Homes 4 Amenities

  • Gymnasium
  • Clubhouse (Black Swan)
  • Swimming Pool Lounge
  • Games Room
  • Mini Theatre
  • Jogging Track
  • Sports Courts
  • Retail Stores
  • Landscaped Gardens
  • Kids Play Area
  • Spa, Sauna
  • Party Area
This Project Is Sold Out

Nikoo Homes 4 Price

Unit Type Size in Sq.ft Approx. All Inclusive Price
2 BHK Study 1302 SOLD OUT
2 BHK Study 1361 SOLD OUT
3 BHK 1686 SOLD OUT
3 BHK Study 1834 SOLD OUT
3 BHK Loft 2131 SOLD OUT
4 BHK 2488 SOLD OUT

There are no units available directly from the builder for this project.

Let us find you other available projects just like this one - or notify you if inventory reopens.

Nikoo Homes 4 Reviews and Expert Opinions

  • This is the 4th phase launch of The Project that has become a landmark in the region with various developments, facilities, and even an SEZ offering about 3.7 million sft office space right inside the campus with over 4500 families already living and thriving in the township.
  • Close proximity to Manyata Tech Park, Jakkur, Hebbal, Kogilu, ORR, various highways of the city, and the proposed Peripheral Ring Road going right beside the project makes Nikoo Homes 4 Great for Personal use / Investment.
  • This is one of the most happening & lively communities in the city and that is a huge boost along with the Competitive Pricing for a new launch phase.
  • Traffic Bottlenecks during peak hours while accessing Thanisandra ORR Junction and few certain civic amenities are still being developed in the vicinity.

More projects near Thanisandra Road

More about the Builder - Bhartiya City

Being primarily engaged in and exports of leather apparel through a listed entity, Bhartiya Group has been ruling the real estate market since its inception in 2006 of business. They believe in the concept of quality construction which makes it to be the perfect design for a good lifestyle.

Enhancing the quality of life across the world for over 30 years, this builder has seen a fast pace development offering turnkey building solutions. Led by this simple philosophy, the Bhartiya Group is working on a number of projects delivering quality end-to-end construction services from concept to completion, including project management. And hence, this builder is identified as one of the best one delivering the best of all homes. Explore details of Phase 4 & Leela Residency.

How to Book this Property?

Step 01 of 4

Fill the Enquiry Form

Our Representative will give you a call to understand your requirement and share the complete information of the property like: latest availability, Floor plans, Detailed pricing, Payment Schedule, etc. and help you in knowing the property better.

Step 02 of 4

Professional Assistance

We will schedule the site visits for inspection and help you in choosing the right unit based on your requirement. We also assist you in booking formalities and make sure we negotiate and get you the best deal from the developer.

Step 03 of 4

Booking Formalities

Professional Guidance to ensure Hassle-free paperwork while filling the Legal Documents. Make sure you carry the following documents to complete the Booking Formalities:

  • ID proof - Copy of DL / Passport / Adhaar / Voter ID
  • Copy of PAN Card, Passport sized Photo
  • Cheque Book [Online payment facility can be availed for NRIs]
Step 04 of 4

Booking Confirmation

You will be receiving an email confirmation regarding your booking from the Builder, followed by Allotment letter. There after CRM team will take it forward to keep you informed on project status and property registrations.

Frequently Asked Questions (FAQs)

What is the price of a 2 BHK apartment in Nikoo Homes 4?

All units are currently sold out in this project..

What are all the Special Discounts or Offers available for this project?

Exclusive Group Buy Offer, Seasonal Schemes & Deals available ONLY through Homz N Space for special offers and deals. CALL 9590144144

Where is the project located in North Bangalore?

The Apartment project is located in Thanisandra area. It is located Close to Manyata Tech Park and is a well developed area.

Nikoo Homes 4 Reviews

3.7/5 (79 Reviews)
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Harish Achar

Top Advisory Expert

Harish Achar

Harish is the Founder of Homz N Space, a customer-centric real estate advisory platform serving homebuyers across Bangalore, Hyderabad, Chennai, Pune, Goa, Mumbai, Ahmedabad and other key Indian markets. With an MBA in Marketing and Operations from IFIM Business School and experience with brands such as DLF, Ajmera, and other major builders; Harish brings deep expertise in residential real estate, market strategy, project positioning, and customer advisory. His focus is on helping homebuyers and investors make confident, transparent, and well-informed property decisions through practical market insights, honest guidance, and curated group-buy opportunities that help customers access better value in select residential projects. At Homz N Space, he leads a team committed to delivering trusted, customer-first property advisory across India’s growing real estate markets.

Join the conversation

Share your perspective

158 comments

  1. Book together.Pay the group price.

    Developers give wholesale and group booking discounts when buyers come together. Homz N Space helps you join that group for this project.

    1. Reach us before you bookCall 9590144144 or send your details.
    2. We add you to the groupWe follow the developer's process for its group scheme.
    3. You book at the group priceWith zero brokerage from us.
    • Real-time inventory
    • Best availability
    • Unbiased reviews
    • Expert advice

    Reach us firstWe can only help if you contact us before booking, by the enquiry form or by phone. It is difficult to include you after booking, or if your enquiry is posted on many websites, as the developer's group scheme follows a set process.

    1. Hi Preeti,

      As far as we know, Bhartiya City Team is planning to launch it by early next year. Will update in our website incase, if they launch it earlier.

    2. Hi Pradeep,

      There are only 22 proposed Sky Villas at Phase II of Bhartiya City Nikoo Homes Project., Out of which there is only one Unit which is available as of now and is being valued at a base price of Rs. 5250 psft.

  2. I understand that the phase 2 ground breaking and excavation started early in 2016 but till today work not completed yet and come to a stop because they have hit a rock bed. At this rate it is very uncertain if this project will be completed timely. I am contemplating whether I should invest in B.C now. Please share your view.

  3. Hi Harish,

    I am planning to invest in a 3BHK and I needs some help from you to answer my queries. Appreciate all your inputs you have given over the years. They are great.

    1. Is this the project to invest or do you suggest better project ( near this project)
    2. What will be the appreciation when it is possession ready ( current price is 4810 per sq feet)
    3. How much rent can i expect from this 3BHK

    Thanks,
    Ramesh

    1. Hi Ramesh,

      As of now, Yes, Nikoo Homes in one of the considerable option for investment and as per our study we are looking at Rs.6000 to 6500 / Sft During registration time. You can expect minimum of 20 – 35 K per month rental for 3 BHK ( Depending upon the size & furnishing )

  4. Hello Harish,

    Thanks for information and views, they are really helpful for the people like us.

    I am planning to take the flat in phase 2 and have couple of questions.

    !) how is the Floor Per Ratio in this project?
    2) How is the carpet area vs Super built up area?
    3) Does phase 2 will have all amenities like phase1?

    Thanks,

    1. Hi Raj,

      As far as i know, FAR is 3.25 , Carpet area is approx. 70 % & amenities are part of Phase I & II

  5. I am interested in an integrated township for future, can you tell me which is the best property in all aspects- ozone Urbana or Bhartiya city??which will appreciate and be livable in d future..which of the two will be delivered on time owing to the fact that Bhartiya builder is new in market.. Please reply

    1. Hi Manish Singh,

      Both the project weighs same from investment & livable point of view. I prefer Nikoo homes because of it concept.

  6. Got email from BC management. BC IT park has got it’s first tenant. It is a MNC – CUMBERLAND GLOBAL SERVICES. They have already started operations in Block 1. More than 2000 people are expected to work there.

  7. Hi I m freni. I m interested in nikoo homes 2. Just wanted to know whether undivided share of land will be given and occupation certificate from bbmp will be obtained. Saw some reviews that both will not be possible. Wen would d phase 2 work start?

    1. Hi Freni,

      Dont worry, Undivided share of land will be mentioned in the sale deed and OC will also be provided by the builder. Phase 2 work has started.

  8. I have got a 3 floors new construction with 2bhk and 1bhk facilitate attaching to sobha city compound wall behind Vajram esenza my personal suggestion is ppl spending 1.3 crores on a single 2bhk flat no hard feelings on other projects its justa valued suggestion and no harm in spending 2 crores and get 4 houses with the rent of 50k per month building owner can stay in 2bhk and rest can be rented out interested ppl contact 9620789067 Anjan

    1. Last news I head was Nikoo home 2 launch by March 2015. Given the slow demand growth in Realty, I think this will be delayed.

  9. Hi Harish, How VAT and Service Tax are calculated for Bhartiya City? Is this varies from Builder to Builder? If yes why? Is VAT & ST applicable to services like Car Parking, Clubhouse etc? Appreciate your response.

    1. Hi Ganesh,

      As far as i understood, Service Tax is calculated at rate of 12.36% on 33 % of Construction agreement value (12.36% * 33%) .as Govt assumes that out of total construction cost, service part is just 33% ..So final rate of ST would be 4.12% on full construction value.
      VAT is calculated on “full” construction agreement vale at a rate of 5 % * 80 % ( Balance 20 % is considered as land value )of the sale value which will be finally 4 % of the full sale value.. It varies from builder to builder because of Materials procurement and Contractors. VAT & ST are applicable for carpark and club house too.

    1. One of the sales person informed me that BC is planning to launch Nikoo homes 2 in Feb 2015 – price not decided but it will be higher than earlier releases.

    2. Hi Ashutosh,

      Builder has Launched Leela Residence as of now. Planning to Launch Nikoo Homes Phase 2 by March 2015.

  10. Hi Harish,
    When would the next phase of Nikoo home be launched. Also currently the price is 4620. What would be the approx price for next launch. Wil lthere be a choice of 1/2/3 bhks there as well?

    1. Hi Ashutosh,

      Phase II Launch is planned in this month. All the types will be open for the same. Price still not decided.

  11. Hi Harish,
    My friend is looking for 3 BHK in and around hennur/tanisandra/hebbal/horamavu.
    Nikoo homes and Sobha city(resale) for both 3 BHK comes around 95 lacs onwards.
    Which one do you prefer? or do you have any other project in mind? (considering quality, peace of mind of buying, appreciation and completion)

    1. Hi Muthuraj,

      Nikoo Homes Phase II are planned to launch this month. I advise you to look into that.

    2. Hi Harish,

      thanks for your advice.
      Just wanted to know nikoo homes 2 will be again take 3-4 years to get constructed right.
      So still you suggest or think Nikoo homes is better than sobha city resale option?

      Eagerly waiting for your reply so that i can inform my friend to take decision.

    3. Hi muthuraj,

      If you are considering project which is near to completion, then i advise you go ahead with Sobha City.

  12. Anjali, don’t ever go with Prisha Orchards as it is promoted by Golden Gate Properties who never complete any project properly. You need to see their project “Golden Palms” in the nearby area where they haven’t completed the clubhouse and common area even after 8-9 years of project start. My guess is that they launched newer properties with Prisha brand only to avoid using an infamous “Golden” brand so new buyers can be fleeced easily. Story is the same for some of their other projects. Just search for Golden Blossom (http://bangalore.citizenmatters.in/articles/3907-kadugodi-residents-file-a-case-against-builders-for-lack-of-amenities) which has similar problem and the court case as well. This group is cheat and is best avoided!

  13. Hi Harish
    I visited Bartiya city a couple of weeks back. But there were no availability for the phase 1. O n the way back I visited another project called Prisha Orchods. Specification looks good. But They said the Peripheral ring road is coming adjacent to it.
    1) Can you please give your opinion on this project
    2)How the Peripheral ring road is going tho affect this property?
    3)Is it nearby the crematorium?

  14. Hi Harish,

    Im looking for a 2Bed room around 50-60L in 2-3 years from now. Help me take a decision.
    Seems Nikoo homes is good.
    Do you suggest any other one ? Your feed back about nikoo homes will help me finalize.

    Thanks a Lot,
    Kumar

    1. Hi Kumar

      As far as i know there are no availability of 2 BHK in Nikoo Homes. If you get there please go for the same. Or else you can consider Orchid Footprints or Orchid Woods at Thanisandra and Hennur respectively

    1. Hi ganesh

      As far as we know prices have not come down in Bharatiya City. They are planning to escalate the price in next phase of launch

  15. Hi Harish, I am thinking of investing in Sky Villa for prospective move-in and also rental income considering an IT park and financial district coming up within the township. But however, the rate for sky villa is much higher than the other flats. I am convinced that it will make a good home for me to move-in as it has all the features and facilities my family needs. What do you think about rental and resale prospects for a sky villa ? What kind of rent can I expect from a 2700 Sqft pent house 3 years from now ? Could you please share your insights ?

    Thanks,
    Vikram

    1. Hi Vikram Simha,

      Sky Villas are good for self use than for investment. I advise you to scout for corporate guest house for good rental returns. You can Expect Rs. 75000 rent per month ( Should be Fully furnished )

  16. Hello Harish , I am planning to buy an apartment for investment purpose in North Bangalore , close to airport or in Hebbal , zeroed in Hiranandani , Sobha City , Ozone and BC. The need is 3 bhk and budget around 1 CR. Project hand over by end 2015 .

    1. Hi Radhakrishna Nair,

      Based on your requirement, I advise you to consider Sobha City.

  17. Hi Harish, I am on the verge of buying a property either in Bhartiya City or Salarpuria Celesta in KR PURAM. Please tell me which one is the better option and is there any group booking which you have that can help me save some money?

  18. Hi Hari,

    I am planning to book one 1BHK + STUDY flat in Bhartiya City. how it will be on investment and resale point. What is the prevailing rate and availability. how is the credibility and past history of this developer. Please guide me on these points.

  19. Hi Harish, as mentioned above current price in BC is 4720 and when I called BC people they said only premium view flats are available and they are charging 4920 for those. I think this project is good but was in confusion if there will be any raise in future as this project is already quoting more and the time for possession is 3 or more years from now.
    Now a days we are listening roomers on IT market as well as it will go down. Please suggest if this is a best choice for getting returns. Thanks, Anil.

  20. Hi Harish,
    I am looking to buy a 1 BHK in Nikoo homes, could you please suggest if its a good investment to buy a 1 bhk at 45L? how do you rate it as per the investment point of view? Appreciate your response on this.

    1. Hi P,

      1 BHK are good for Self use / Rental Returns.Resale potential would be on lower side.

  21. Hi Harish,

    I am seriously considering to invest in BC. Can you let me know If there are any 1595 flats available above 20th floor facing towards the city.
    I heard there would be a new tower opening. What would be the rate for 1595 above 20th floor in that tower and when would that open?

    Thanks,
    Ram

    1. Hi,

      Current price is Rs.4720/ Sft and Builder is planning to launch Phase 2 by mid of this Year.

    2. Hi Harish,

      Do you know where is the phase 2 of coming up? as I got to know that already Tower1 is on sale and as I understand there were only 10 towers in the Bhartiya city plan.

    3. Hi Raghu,

      Phase 2 is planned in the south side of the project. Builder is planning to launch it by Mid of this year.

  22. Hi Harish,

    I’m interested in 2bhk study, what is the current price and availability in latest release ? Since I’m not planning for loan, is there any tower planned possession in 2016 / 17 to have more time to pay ? or should I wait for next release but what would be the possession schedule and price then ?

  23. Hi Harish,

    I have booked a 2 BHK flat in Bhartiya City, For SA they need 25 % advance but is it possible if builder can agree for 15 % at the time of agreement and rest 10% at the time of loan sanction? As 25 % approx 12 lacs is a big amount so cant arrange in short time. Please let me know the other options also.

    Thanks.

  24. Hi Harish,
    I was really impressed with sobha city and was planning to invest there. today I visited sobha city and found that there is burial ground and cremation ground joining walls with sobha city.
    can you tell me how will this impact sobha city as an investment. and if sobha is doing something to avoid them. seems like even some public roads are going through SC property.
    Seems like a lot of users are moving away from SC due to this.

    I checked BC and found it promising, but still construction quality of SC is much better and free space is more when it comes to residential block only.

    Please suggest which one to choose from in terms of investment and living.

    if there are any other better projects in north bangalore which are on the same lines as BC and SC please share.

    Regards
    Rohit

    1. Hi Rohit,

      Sobha City has already appreciated…In case if you are looking for Investment & Living. I would suggest you to consider Bhartiya City / G Corp Icon.

  25. Hi Harish,

    Is it worth investing 90L at current rates for 3BHK more from investment perspective. Do you think it’s easy to resell or rent it out for a good return.

    I am interested to book a 3BHK apartment (1595 sq ft) . Would you be able to get us any group discount pls.

    1. Hi Madhu,

      Bhartiya City is one project which has witnessed demand for continuous one Year and still on demand and continues to be on demand. This is mainly Because of its uniqueness.

  26. Hi Harsh, I have just decided to buy a 3 bhk (1595 sft) in Nikoo homes. But I still have a few concerns on the BC project and request your views :
    1. Completion of project in time. They say end 2016, but with the huge infrastructure whether it is possible ?
    2. The builder is new though the concept is extremely good. Whether quality/execution is a question ?
    3. Why Shobha city is priced higher than Bhartiya city though it is is a larger integrated township with more value ?
    4. What will be the price increase by end 2016 during possession ?

    1. Hi Surya Prakash,

      Usually in Big Townships Project delay will happen for around 6 – 9 Months sometimes even 12 Months Because of bad climatic conditions. I have personally witness good quality in their current execution which includes Internal infrastructure & on Current progressed work. The reason for Sobha city price is on the higher side is – Project Configuration, Brand Sobha and base price has appreciated more than 50 %.

  27. Dear Harish
    I have shortlisted Nikoo Homes and ICON. Which one is better in your opinion?Can you advise regarding the approvals and other legal formalities of these projects? I had visited the sites and have seen the construction already started. is there any possibility that the builders have started the construction, but the approval is not there or the approvals are not complete or adequate?Also, what do you think about the credibility of Bharatiya, being a new entrant to the real estate? Will they be able to deliver this huge project as promised?Please advise.

    1. Hi Manoj,

      Both are equally good project and all the approvals are in place. Builders need to have Construction Release order from Sanction Authority ( BDA ) to start the work. Bharthiya is backed by Reputed Contractors and Skilled & Experienced Management Team.So, Need not to worry.

    1. Hi Rudresh,

      You can consider Mantri Webcity or you can call & submit Expression of Interest for New Release @ Nikoo Homes.

  28. I visited BC and was told that only few 3 BHK are available, and also the last tower launch is planned soon. The price while not fixed is told may be around 5K / sq ft. Looking at the current price list and calculating it at 5k/sqft it’s going to be 70L for a 2BHK. Is it work the investment for a possession 3 years later.

  29. I visited Bharitiya city & interested in booking 2BHK. They say tht currently nothing is available. I have also seen Alpine near sahakar nagar so need to finalise between BC & Alpine.But BC they are claiming right now they don’t have any flats to sell(any type except 3BHK) .I was told to wait till they open next tower but that will be revised price. Please suggest me & also exact price of BC.

  30. Dear harish,
    How do you compare Sobha city with B.CITY i see sobha city is more Luxury living with high class style and price range go upto 4 cr for Villas.
    Am confused i need your suggesstion am looking at pure Luxury and the Surroundings as i understand its Class 3 bhk in santorini is costing me 1.25 cr .what appreciation will i get by 2017 in S CITY AND B CITY.

    1. Hi Ramu,

      Sobha City is pure Residential Township where as Bhartiya City is mixed Development. As both the projects are equally good. You can choose either of the one. Sobha City Projected ROI is Rs. 7000 Sft by 2017. Nikoo Homes Projected ROI is Rs. 6000 / Sft by 2017.

    2. Hi Ganesh,

      Current Phase I base price is Rs. 5400 psft and Phase II is 4870 psft. Hope to see the price revision once the overall sentiments of realestate sector tends towards positive note. And also we Hope more emphasis is given to real estate sector on this coming budget

  31. Hi Harish –

    I am looking at 2.5BHK but see only duplex is available now here at Bhartiya city. It is worth investing in Nikko homes. This would be for my own use. How do you see the appreciation here, I was also looking at Karle Town, Which one would you prefer? Your thoughts and view would be very helpful. Thanks in advance for your inputs!!

    1. Hi Ravi Kiran,

      Bhartiya City is good town ship to live… where as Karle Town Center is a Premium Town Ship. If your Budget is 1.7 Cr + then go for Karle. I would go Karle because of its Location & the Concept.

  32. Hi Harish,
    I am planning to book at Nikoo homes in 1BHK (760 sqft). how do you rate it as an investment? what can be the expected price once residential part of bhartiya city is ready. If I plan to rent it out once it is ready.. what can be the expected rental income one can expect for 1 BHK (760 sqft) in nikoo homes? your views will be helpful.. Thanks.

    1. Hi Pram,

      Its worth investing in Nikoo Homes. Expected Price Rs.5500 / Sft. 1 BHK would fetch up to 10 – 12 K per month. Depending up on the interiors.

  33. Hi Harish
    The current price in Bhartiya City is 4520. What do you think it will appreciate to in 3 yrs, by posession? How far is the proposed metro station on thanisandra road from this project ? Thanks in advance for your inputs.

    1. Hi Santosh,

      As far as i know the closest metro Station for this project would be Nagawara Station. Which is Around 7 Kms from the project.

  34. Hi Harish,

    I have Finalised two projects, one is Bhartiya city and other one is Assetz east point.

    both are 2.5 bhks, bhartiya city 2.5bhk=1265 sqft costs me 76lacs all inclusive
    and assetz east point 2.5bhk=1350 costs me apporx 91-92 lacs all inclusive..

    and i am not looking at investment point. I would be end user . So as per you which one is better one?

    1. Hi Rajesh,

      comparatively Bharthiya City holds better project Configuration. I feel Nikoo Homes is better one.

  35. Hi Harish,
    I am interested to know more about Nikoo homes and would like to buy a 2 BHK apt. Could you let me know if there is a construction linked payment plan option (payment in installments as per the consrtuction progress)?

    Thanks

    -Prashant

    1. Hi Prashant,

      As far as i know, Payment plan is linked with construction progress at nikoo homes.

  36. Hi Harish,
    I am planning to buy a 3BHK apartment for Investing / EU purpose and could you please advise whether I should choose Sobha City or Bhartiya City considering the location, accessibility, area, project appreciation, amenities, builder etc..
    Thank you in advance…
    SJ

    1. Hi Jack,

      Sobha City has already Appreciated. Nikoo Homes has got lot to offer. My suggestion Go for Nikoo Homes .

  37. Hi,me and my husband are 26 years old and we have a child of 4 months.We are palnning to buy a home and our budget is 55-60 laks.
    We are planning to invest 35 laks and rest loan.
    Could you please help us if we can go for baharatiya city or is there any other good project which we can go for.We are investing all that we have and are really scrared

    1. Hi Priya,

      As per your requirement Bhartiya City would be the right choice for your investment. You need not get scared. You can trust the builder and your hard earn money will be in safe hands.

  38. Hi Harish

    I am seriously considering at investing on this project .Please advice if you can help me with any discount in the form of group booking ? Also the possession will take at least 2 years and what do you think the appreciation will be then? The price they are quoting as of today is 4520 per sq/ft. More about the bank loan-does bank provide loan even for the 25% along with the other amount ? Please advice.

    1. Hi Pradeep,

      Looking into the current trend, Rate / Sft project will appreciate to Rs. 5500 / Sft in 2 yrs and I have spoke to my colleague to fit you in the current slot of group booking.

  39. Hi Harish,

    I just had visited Bhartiya City.
    Understand that peripheral ring road is bifurcating the project..
    Want to understand is there any issue because of this.
    like as it is close to the city..while constructing the elevated peripheral ring road there will be pollution, road, commutation to this project.
    Need your understanding on this.
    I also see few other projects are coming adjacent to this. (Dev-in, Prisha Orchid etc..)

    1. Hi Vybhav,

      There wont be any issues… because, The Gap between cutting peripheral and the Residential Zone of Bhartiya City is Approx 1 Kms.

  40. Harish,

    Thanks for your valuable comments.
    Also do you expect maintenance charges and internal shopping market rates to be high for such township? currently they are claiming 3.5/sq feet as maintenance.

    1. Hi Rams,

      Maintenance Charges varies from Project to Project and Avg Maintenance Cost in Townships are Rs.3 / Sft. ( More the Facilities / Amenities higher the Maintenance)

  41. Hi Harsh,

    After reading this blog and other threads related to bhartiya city i see following major concerns raised by users. Need your help in better understanding the gravity and the actual facts about the issue. I am in the verge of buying property here. So seeking experts advice.

    1. Density of the residential area is high. More number of flats (around 2000) in very little space.
    2. All the maintenance costs are bared by residents staying in Nikkoo homes? Even the common theatre, other retail outlets which they are going to create?
    3. I heard others also to use those facilities, In that case how it is going to give advantage to the local residents of city? As people might feel one of the advantage of being is their is those facilities and if that is shared by others at the cost of local residents?
    4. Do you think construction of other constructions of IT , SEZs will take more than 3 years and might cause any issue for the local residents?

    1. Hi Rams,

      As far as i know, You will be only paying maintenance charges for Residential part. Retail and Commercial space maintenance will not be mixed with apartment owners. And as far as facilities; Yes, Retail Facilities will be open for everyone because its a town ship and Govt insist to do it in the same way ( Not all the facilities will be shared with the Public ) Best Example Brigade Gateway and pertaining to construction work ;yes there will chances of minor construction disturbance for couple of years after handing over. Major Work will be completed by that time.

  42. Hello, I’ve visited Nikko homes last week and I liked the project. The advisor was telling me that Leela Palace have signed to built their hotel inside the campus and there are going to be hospitals and IT parks coming up there.
    But when read through the comments most of them say that there is no transparency. Not sure if it will be a wise option to go with this project as this is not for an investment purpose and this is for our own use. What happens if the possesion is not provided by the said date? Is there going to be any rebate?

  43. I heard that there was a grave yard in the place where This project is located.. Is that true?
    and also i want to know why security of bhartiya will not allow customers to see the back side of the property ??

  44. Hi Harish,
    Looking at the payment schedule, does it mean Approximate Addl. Amount Payable On Possession is not covered in the loan amount and this can be payed after possession(Dec 2015)? . To the sale value, we should also add Taxes & Registration cost? Will this be covered in the loan?

  45. I am also looking to buy a flat in BC during Phase III which is going on now. Can some one tell me if there is any price variation from phase I to phase II to phase III. Also can i opt personal loan for the first 25 % amount to get Sale agreement and then apply for home loan for the rest 75% amount ? Harish please plz provide your valuable inputs on this !!!

    1. Hi Jaggu,

      Rates have increased from Rs.3970/Sft (Phase I) to Rs. 4420/ Sft in Phase III and yes you can avail bank loan from Axis bank for 25 %

  46. just been to bangalore for vacation and heard bt this project from folks there.sounds impressive but one question – the apt complex (nikoo homes)is in district 1 where all the facilities like shopping mall, theatres, IT-SEZ space etc are in other districts . Does nt it mean that outsiders also will have access to these facilities ?Do we need to necessarily live in the nikkoo homes to avail these ?Highly unlikely since there are shared facilities .So what difference would it make if i could very well stay in a nearby apt complex (say sobha) and use this facilites ? Am i correct ?

  47. Hi ,
    I have seen the Model House ,it seems very interesting.Can any one suggest me if i should go for this project or not..???
    And when is the Next phase going to launch & what is the expected price.

  48. Still not received the SA even after paying 25% on April 2013. It has been 2 months and no body from CRM(Customer Relations) team bother to reply on email. Suffering after Investing in Bhartiya City :(

  49. hi, we got the Agreement and have been so disappointed… it is nothing like the fancy dream that was shown to us while selling the flat..

    everything in the agreement is to your benefit… what about the buyer who wil be putting their life savings into the flat??

    is there nothing called as transparency? we understand you are there for profit but you have to got to know that people are going to be really working hard to arrange all that money for the house..
    Grace period of six months & more for yourself and nothing for buyer incase of late payment..
    Difference in shade of tiles, air pockets beneath tiles & slope for water drainage are very imp aspects which can’t be neglected. Are you saying that the flat will not be as the model flat the you had showed to us.
    To pay within 7 days of demand??? .. We would need at least 30 days time due to outstation stay/long distance communication.

    Sale Agreement
    Sinking fund? … Normally starts from possession of the flat.
    Car parking ( Is it going to be covered?? it is not mentioned in the agreement if it will be covered or not..
    16. Time to take over possession 15 days is too short for someone who is not located in Banglore.
    16.3 Rs.2 per ft of super built up area is way too high
    21. Right to display hoardings…????

  50. Dear RRD,
    As a rule Builders take anywhere between 20-25% for SA depending on their financial requirements and cash flows of the project. In case you intend to avail loan from a bank and have already spent a part of that (notional loan amount) from your own pockets, banks would be willing to consider a refund of that excess amount to you on production of receipt. Please keep the bankers in the loop.

    Dear Harish Achar: I stumbled on this page by accident. Its very refreshing and informative. Keep up the good work.

  51. Why Bhartiya City Project (Bangalore) does not want to involve any bank for initial 25 % amount.What is the benefit of not involving Bank Why they are not giving Sale Agreement which customer is giving 25 % amount of total sale value, why are they taking 2-3 months to process SA.Why they are not clarifying this at the time of booking that this delay will be there and do not involve any bank for paying 25 % amount.Why are they pushing customer to pay 25 % from their pocket, where government also says 80 % amount can be availed as loan from Banks. What they will do with this 25% amount where no bank is involved. Is it a Safe bid to give 25 % without and agreement?? Are they following governments rules and regulations?

  52. I have booked one flat in an upcoming residential project (Bhartiya City) in Bangalore. I have given 2.5 Lakh cash for booking and they are asking me to give 25% of total sale value in advance without processing my SA. They are telling me that after receiving 25 % amount also it will take 7-10 days time to process SA.

    I checked with my bank also and they are telling me without getting SA they cannot proceed further. I do not know what to do now, as if I give 25 % amount from my pocket then I will not be able to apply for 75% amount loan and after possession also I need to pay miscellaneous charges which could not be covered in 75% of loan amount.

    Need some expert suggestion how to deal with this situation, as we were under impression that SA will be handover after paying 10-15% of total sale value so we entered into this deal.

    Can I take this case forward for legal assistance (in consumer court)â?¦because they are saying if I cancel this deal now then they will deduct 1% of total sale value which is approximate to 50 K..
    But I am telling them since they are not able to provide me with the required document for loan processing which is mistake from their part so I am not liable for any cancellation charges.

    We are not able to understand why they want 25 % amount from customerâ??s pocket without involving any bank, here my loan is already got sanctioned and everything is ready but they do not even want to take Post dated cheque for some portion of 25 % . They are behaving very strange which is making us very insecure and worried.
    I am completely stuck, please help……..

    We thought that this Project will be reliable but seriously biggest mistake of my life. Please think 1000 times before going for BHARTIYA CITY PROJECT – NIKOO HOMES (Bangalore)..
    Strange thing is why 25 % amount without involving any bank. what is the benefit .. and why they are not ready for PDC also if suppose customer pays 15 % until the SA gets ready.. Moreover this was not mentioned anywhere that SA will take 1-2 weeks for processing,
    Moreover, some customers who booked this project 3 months back now got their SA.. Nationalised banks are also telling clearly that without these basic documentations, they will not disburse a single rupee since not a safe project

    1. Hi Rahul,

      Its regular tendency in the industry that, You need to make 20 % of the payment to process your sale agreement. ( Very few builders to lock the customers, they execute the sale agreement before customers pay 20 % Amount – Which is not safe for customers )Please understand, Builders will not get any benefits by not involving banks its other way round they would love to take disbursement from the bank ASAP.so that, they can use it for construction Purpose and as its fastest sold large scale housing project one should expect delay in processing Agreements. Besides, No govt authority has rights to control on payment schedule of the builder. As far as i understand Nikoo Homes is charging 25 % Payment because of Internal Infrastructure development like roads, landscape, etc are already in place. So, Don’t worry you can blindly bid on this project.

  53. Its bit overhyped. There are few problems with it. They are new to this and they are modifying their statements everyday. Earlier they told UDS will be 23% now they are telling its 18%. They are not attaching Floor Plan in agreement. Agreement even says they can construct more within the campus as they want.

    1. Hi Harish,
      We are considering this project, can you help us with details on group booking?
      Thanks,
      Seema

    2. Hi Seema, You will be contacted by my colleague Mr. Team Homz N Space and he will Provide you details and take it further.