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Ajmera Infinity

Keshav Shetty 6 November 2009 Featured, Headline, Society 1,349 views 21 CommentsPrint This Post Print This Post Email This Post Email This Post

Before you plan to buy an apartment in Bangalore please read “ How to buy an apartment in Bangalore ” and “ Money management made easy

I have booked my apartment with Ajmera Infinity located at Electronic City.

This is the place where I am going to stay from next year.

Ajmera infinity is a residential township built around 18acres of land comprises 1000+ apartments spread over17 blocks with 19 floors, offers 2, 3 and 4BHK sky apartments.

Click on the image for higher resolution images.

I was in search of apartment for almost 2+ years, I finalised with Ajmera for following reasons.

  1. Best thing is about locality(Electronic city is landmark in Bangalore) and the concept of walk to work, (I am working at Electronic City, I assume that I will be working at Electronic City)
  2. 80 to 81 % carpet area efficiency, only few builders can provide.
  3. 86% open spaces and a nature park that plays host to over 1800 lush, full grown 20 year old trees, giving you the natural and heathly environment to live in the house.(Adds another garden to Garden city).
  4. Ajmera as a builder built their company and reputation over a period of half century, Compared with other builders of same category they have minimal or zero post delivery issues.
  5. Ajmera is offering world calss amenities, First time in Bangalore offering football size ground at Infinity. I am not a soccer player, I hope my childern will enjoy all such facilities. (For complete list of facilities download the brochure here)
  6. Ajmera is new to Bangalore with just two projects completed, they will be more interested in building the reputation during their initial projects.
  7. I checked with many of the customer of their earlier completed projects in Mumbai and their rating is best among builders in same category. (Note that Ajmera is among premium and Tire 1 builder)

Why I wrote this blog?

I wanted to help with my findings to other customer and prospective customer to analyse and decide about their home.

Today in real estate business, we cannot trust the builder 100%, however we need to find the best among the crowd and value for money.

Afterall when I am making big investment of life, I expect more return for money, less loss and piece of mind. I hope Ajmera will keep up their good name and reputation they earned so far.

I loved the planned or proposed landscape, interior etc, Althoug it is not premium, but I bet when it is completed it will be the best residential township and showpiece in Bangalore.

Those who are seeking more information can visit below link.

Also we have a yahoo group of all flat owners http://finance.groups.yahoo.com/group/ajmerainfinity/, you can seek further info from already booked customers.

There is two video or presentation available on you tube

About electronic city and its locatility visit EC website

I will keep updating this blog with more information in coming days. Also please comment or share with me any info you have related to Infinity, I will post it here, so that everyone will be benefitted.

1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 4.67 out of 5)
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21 Comments »

  1. Hey! Any clue when will this be actually handed over for possession? I am not able to get ‘authentic’ info.

  2. Hi Abhi,

    As promised by builder the possession of G to N will be December 2010.
    However they are progressing well and ahead of schedule. Recently they announced that possession start from August 2010.
    For C & D block by June 2011.
    Other blocks are not yet open for booking.

    Thanks & regards
    Keshav K Shetty

  3. Hi Keshav,

    I have done a provisional booking for a 3 bhk in Ajmera. I’m however sad to say that I’ve had a host of issues dealing with their legal department. In their sale agreement there are a couple of clauses that I found quite unfavorable to buyers – one being that if there is any issue with the appt, we would accept any other premise of same size. And the second is that if there is a dispute on the land, the developer would receive compensation. I checked other people who’ve bought the apartments, and see the clauses in their sale deeds too. Ajmera refuses to change the clauses and this makes me quite uncomfortable. Have you had such discussions with them?

    Thanks, PS.

  4. Hello Keshav & PS,

    I also booked a flat in Ajmera Infinity recently. Before booking, they told me that if they dont complete the construction in time, they would compensate for the rent of the apartment. After booking, they are refusing to put the penalty clause in the sale agreement and also not ready to issue a letter with the penalty clause. I am worried.

    Please advice.

    Thanks. ABC

  5. Hi ABC,

    In fact, this is precisely what caused me to have a 2 month ongoing debate with them. They’re totally rigid about their sale agreement and this is causing me a lot of distress. I have purchased another apartment from a smaller builder, and compared to the Ajmera Infinity Sale agreement, this one sounds like a dream. Ajmera’s SA is totally about purchaser obligations, and about caveats specifically for the developer.

    unfortunately, this does not look like it will be solved at all – I know others who’ve asked for adaptations and not got any done. Finally, if people are intent on buying the apartment, they will do so, I guess.
    -
    PS

  6. Hi,

    Thanks for the blog. I also have agreement-related issues that I am not sure about. We recently booked an apartment and got the sales agreement.

    The first thing is that the builder will have any accountability on structural damages only for one year and after that will have nothing to do with the property in terms of structural and civic damage. One year seems a very short time!

    The other thing is that if I want to sell my apartment later, I have to pay them Rs 250/sq.ft as transfer fee. How can they ask that once I have taken possession of my apartment and have paid the entire amount?

    Please let me know if these clauses seem normal. Your feedback will be much appreciated.

    Best,

    D

  7. Hi ABC, PS & D,

    Thanks for your comment and concerns, I will address few of them as below.

    1. About “any issue with the appt, we would accept any other premise of same size” – This is indeed big concern, however chances of such things are minimal. Before I booked with Ajmera – I checked with other builder they also have similar clause in SA, however there is additional support of cancel with interest in case buyer is not happy with the delivered premise.

    2. When Ajmera Infinity was launched there was PEMI offer paid by the builder till possession, most of owner booked with this facility is not bothered about delay or compensation as PEMI covered by builder. Those who are booking later are affected in case construction is delayed. In fact Ajmera is not in favor of changing clauses, because it will have other legal and administrative overhead for maintaining different SA template.
    They discourage any such changes. As of now I am not worried about this because they are ahead of schedule and none of their earlier project faced any such delays. You can also check with other owners in Ajmera Green acres.

    3. Selling apartment before possession i.e Khata, registration & sale deed are received by owner, then it is treated as transfer, In this scenario I guess Ajmera legal department has to change all the formalities, this fees and charges they recover as transfer fee. However if registration is done and you have received all your property document, then no need to deal with Ajmera, you can directly sell it.

    Anyhow I will check with other owners and updates these comments and replies soon.

    Thanks & regards

  8. Thanks for the information, Keshav. Will await further updates from you. Regards ABC.

  9. Hi PS,

    Which builder have you purchased from? Even I am planning to purchase an apartment. Kindly help!

  10. Keshav,

    Beaware, you are clearly a sales team member of ajmera and not any genuine buyer.
    I do not undertsand how so many people did not relaize this keshav is not a customer.

    Keshave explanations clearly reveals that he is one of the marketing team of memeber trying to lure people and mislead them with these nice statements of him..
    Keshav u should have been little sensible by being a licking a little less

    Cheers

  11. Hi Mani,

    Thanks for your comment. Well, you’re certainly entitled to your opinion — no matter how wrong it is.
    You could have checked my other blog contents, and easily make out what is my profession is.
    I don’t think you have that much brain or patience.

    You can check my booking with builder, I have D501.
    Let me know why you are having doubt about my blog content and profession. Let me know if you faced any problem with this builder.
    That info might be useful for me as well as other owners.

    Thanks & regards
    Keshav K Shetty

  12. Hi,
    I feel this is one of best properties available in Bangalore. Infact, I booked one apartment 2 weeks back in Phase II. But 2 days later only I came to know that, Ajmera is having a dispute with MFAR(the construction company) and construction is stopped for Phase II. Just after I came to know about his news(after confirmation), I cancelled my booking(I got my booking cheque back). To be frank, I still like the project, at the same time I dont want to risk the money. But I dont think Phase I owners need to worry.
    Thanks
    RM

  13. Hi RM

    I am the owner of an apartment in Phase I. We can talk if you are interested in a resale. Let me know..

    Regards

  14. Hi,
    can i know the details of the apartment. Basically I am looking for Large 3BHK,(with big terrace)

    Thanks
    RM

  15. Here are some more issues recently ……Builder is bullying his customers and Mehta is very rude to his customers.
    People who plan to buy Apartment please buy a readily available ones that are quite available now a days at Rs 2400 / feet.
    First they will ask for Rs2800 and if you negotiate you will get it at 2250 rs.
    ——————————————

    Regarding Pre-EMI: Mr. Mehta was very clear that the Pre-EMI will stop on owners receiving intimation of possession. For the first batch of people who have got the letters it would mean that they would have to start paying from September onwards. However, when many people raised concern for the same on account of non-livable condition, he advised the owners to send a representation via mail to him so that he can take it up with Ajmera management. On the livability condition, Mr. Mehta confirmed that by October the apartments would be livable in terms of cordoning off, parking, access road, security,etc.
    > Regarding Approval for G,H,I block modification: He confirmed that it would not be a problem since there is no change in the sanctioned plan, it is only the modification within the sanctioned plan which has to be approved and it would be done on “as built” basis and would come over a period of time.
    > Regarding OC: The Partial OC for G-N Blocks would be obtained with 6-8 months. Answering to people’s concern around staying in an apartment which does not have Occupancy Certificate, he said it was perfectly legal since there are clearances from multiple departments involved and it takes time.
    > Regarding Possession process: He would invite the owners to visit their apartments after Aug 15 and if there are some rectifications needed Ajmera will do the same in 7-15 days time and intimate the owners for a re-inspection when the rectification is done. However, he emphasized that the rectification would be done only after all required payments have been made by the owners.
    > Regarding power: Till such time individual connections (meters) are installed by BESCOM, the apartments would be supplied the 3 phase temporary power by BESCOM which is currently being used for construction. The generator back up would also be available. During this period everyone would be charged fixed rates according to the accommodation – for 2BHK around Rs. 2,000 and 3BH around Rs. 3,000 per month. This charge would be payable by all who have taken possession (irrespective whether they shift or not), however he agreed to not charge the same to owners who opt for getting the temporary power disconnected in case they don’t plan to shift. But he was quick to mention that all these people who opt for disconnection would not have the option of using the temporary power for 1 month or 15 days just to get the interior work done in the house
    > – so either you use the temporary power or you don’t have power till such time you get it from BESCOM. However, he informed that in all likelihood BESCOM power should be available in 3-4 months.
    > When people raised a concern regarding the high tariff for temporary power, he said the same could be discussed later.
    > Regarding BWSSB Cauvery water: Mr Mehta informed that Ajmera has already paid a large sum for the water connection, but it is not clear when water would be supplied, till then we will have to use the Borewell (softened) water.
    > Regarding Service Tax and VAT: VAT would be around 2.5% of the amount paid after July, 2010. Service Tax would be as applicable.
    >
    > Regarding Allocation of Parking Space: Temporary parking spaces would be allocated depending on the number of people who shift in. Permanent parking slots would be allocated later – on first-come-first-serve basis (depending on apartment booking date) and proximity to the block.
    > Regarding Fire Sprinkler pipe which is visible in some of the apartments: He was very clear that Ajmera would not be doing anything to conceal and the owners will have to do the same while getting the interiors done.
    > Others can add if I have missed something.

  16. @RM

    It is a 3 BHK apartment (1675 sqft + terrace) facing the football field. Let me know your number or mail id if you are interested is discussing about the details.

    Thanks

  17. @Viva

    In a project of this magnitude, it would be difficult to have zero issues. I don’t agree that the “Builder is bullying his customers” in any way. I would call it negotiation. I am happy that Mr. Mehta has at least heard us out and confirmed every point in the conversion via mail (in writing). I bet you will not find such professionalism in a lot many builders in Bangalore.

    It would be interesting to know your source of information for the Rs. 2250 sq.ft rate. Just FYI, Phase II now costs Rs. 2900 sq.ft. Phase I is mostly sold out.

    Regards..

  18. @VIVA

    VIVA i’m sure everyone has a right to have their own opinion but as a responsible NETIZEN(Hope u understand that word)you will have to first be absolutely sure of what you are saying/publishing to the world.
    Immeterial of your intentions your comment does not speaks the truth

    would you be able to provide the source of your information?

  19. Hi All,

    I am a customer of Ajmera Infinity.

    I have gone through the end to end process of booking till living with another reputed builder. I have also heard from my friends about other projects. I also have feedback on Ajmera Green Acres. I like to give the following points below :

    1. Ajmera Infinity is a value for money purchase, in terms of sft rate and floor space efficiency. Now a days, very few builders would offer actual 80% efficiency. Reasonable sized 3 bhk apartments are around 1297 sft. I live in a 10 year old apartment when builders used to be more reasonable. My apt is of simillar size like Ajmera Infinity, but it is of 1400 sft on paper. SO, being a bombay builder, Ajmera has brought in these efficiencies probably first time into bangalore.

    2. I guess, we can hardly count builders who keep up the timelines, forget being ahead of time. Ajmera has precisely done that. Kudos to them.

    3. Managing a project of 18 acres, and that too, starting construction of all the blocks together in a big bang approach in itself shows the capability of Ajmera. Because of the slowdown, they have slowed the construction on 1/3 rd of the project and that too, up to 14 floors already constructed. These blocks have not been launched, but once launched, would be completed in 6 months to one year, I guess.

    4. Ofcourse, there are issues, like in any project, but they are getting addressed in a professional way.

    Just to stress again, Ajmera are far better than other builders in bangalore in my experience, I only wish they continue to set this standard and be a benchmark for other bangalore developers.

    This is my honest opinion with no bias. I have booked a flat in Ajmera Infinity.

    Regards,
    Prabu.
    Flat No. K-301, Ajmera Infinity.

  20. I am a proud owner of a flat in Ajmera Infinity and I totally DISAGREE with what VIVA has published in his post above. We need to appreciate Ajmera for its outstanding commitment to complete the project before time that too during the time (recession) when other reputed builders in bangalore were lagging much behind schedule. The post above clearly shows someone is not happy with Ajmera’s commitment to deliver. Ajmera is a reputed builders of the country and such post will not affect Ajmera nor its customers. Thats why company’s logo says ‘BUILT ON TRUST’.

    Regards
    Awinash
    K-1403

  21. All,
    It might be true that, Ajmera is much professional compared to other builders, but I dont think they are any different from others. When I asked their marketing head(Amithabh, if I remember correctly) about exit of MFAR, this is what he replied. “Contractors will come and go, but we will finish the building on time”. His statement reflects, Ajmera just wants this building to be complete, they just dont care about the quality. I am sure that the new contractor(who ever it may be) will not be able to maintain the same quanlity the first contractor(not because MFAR is the best). Its like someone doing his half job, another guy doing the rest 20% and someone else doing the rest of the job. Again I repeat, Phase I guys neednot worry, but Phase II guys surely has something to worry(Especially Blocks A & B blocks. And other blocks, 18th and 19th floor apartments)
    And SSS, Can you provide me the details of the apartment at
    a r c h a n a v g at rediffmail dot com
    Let me know the entire details
    RM

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