FAQ

FAQ

We at Aashrayaa Projects are constantly asked a host of questions by our clients, well wishers. Below are some of the frequently asked queries we receive about our business.

Q1. Where is Aashrayaa Projects Headquartered?

A. Aashrayaa Projects is Headquarted in Bangalore, India.

Q2. How Old is the Company?

A. The Company was Founded in the year 2006.

Q3. Who is the Founders of the Company?

A. The Company was founded by Mr. M. Padmanabha Reddy & Mr. D. Raja Gopal

Q4. What assets does Aashrayaa Projects develop?

A. Aashrayaa Projects develops state-of the-art Residential Apartments, Plots.

Q5. Who designs Aashrayaa projects Buildings?

A. Aashrayaa Projects believes in the best and global standard designs. Our developments are designed by some of the world`s best architectural designers, interior designers and Landscape designers.

Q6. What are some of the key Projects of Aashrayaa Projects?

A. Some of the world- class projects are

• Aashrayaa Serenity- Residential Apartment – Located at Bannerghatta Road, Bangalore.
• Aashrayaa Crystal – Residential Apartment – Located at Begur Road, Bommanahalli,Bangalore
• Aashrayaa Citadel- Residential Apartment – Located at Kadugodi, White field,Bangalore.
• Aashrayaa Ruby – Residential Apartment – Located at Kodichikkanahalli, Begur road.
• Aashrayaa Onyx – Residential Apartment – Located at Devarchickkanahalli, Begur road.
• Aashrayaa Eternia- Residential Apartment – Located at Vishwapriya layout, Begur road.
• Aashrayaa Aerosprings – Plots – Located at Devanahalli.
• Aashrayaa Meadows – Plots – Located at Nelamangala.
• Aashrayaa Ecocity – Plots – Located at Hoskote.
• Temple Heights – Residential Apartment – Located at Tumkur Road.

Q7. What is the meaning of a Property`s Market value? How is its stamp duty decided?

A. The price that a property can command in the open market is known as its market value. Stamp duty is based on the market value or the agreement value of the property, whichever is greater.

Q8. What is the difference between carpet area, built-up and Super built-up area?

A. The area of an apartment or building , not inclusive of the area of the walls is known as carpet area. This is the area that is actually used and in which a carpet can be laid. When the area of the walls including the balcony is calculated along with the carpet area, it is known as built-up. The built-up area along with the area under common spaces like lobby, lifts, stairs, garden and swimming pool is called super built-up area.

Q9. When there are apartments of different sizes in a complex, how is the maintenance charge calculated?

A. Legally, the actual area owned by the individual is the basis for calculation of maintenance charge.

Q10. What are the payment stages ?

PAYMENT SCHEDULE
Booking Advance	Rs 1,00,000/-
On Signing of Agreement(Includes Booking Amount)	20% of Total Cost
At the time of Foundation	15 % of Total Cost
On Casting of Stilt Floor Slab	10% of Total Cost
On Casting of Ground Floor Slab	10% of Total Cost
On Casting of 1st Slab	10% of Total Cost
On Casting of 2nd Slab	10% of Total Cost
On Casting of 3rd Slab	10% of Total Cost
Brick Work	5% of Total Cost
Plastering	5% of Total Cost
At the Time of Handing over / Possession	5% of Total Cost

Note*

Any new taxes imposed by the state or central government will be applicable extra Maintenance, Registration and Stamp Duty will be extra and are charged at actual The prices are subjected to change without any prior notice