Ecolife Developers

Buying from Ecolife Developers in Bangalore today means looking at a finished home, not a booking on drawings. The one project we list from this Bengaluru-based firm is Ecolife Elements Of Nature in Varthur, an apartment community spread over about 10 acres. Possession was recorded for October 2017, so ask whether a unit comes from the builder's unsold stock or from an owner reselling.

A single completed project is a narrow base for judging any developer, and we would rather say so than stretch it. The layout mixes 1 BHK, 2 BHK, 2.5 BHK and 3 BHK homes. The listed starting price is about Rs. 36.59 Lakhs, which puts the entry units within reach of many first-time buyers.

Before you pay a token, ask for the project's RERA status and, because the building is complete, the occupancy certificate. A block that has been lived in since 2017 shows its upkeep plainly, so walk the lifts, corridors, parking and water tanks. Ask the residents' association about monthly maintenance, sinking fund and any pending repairs. If you buy from an owner, get the full title chain, the registered sale deed and a no-dues letter. The price shown here may not match today's asking figure, so ask for a fresh cost sheet.

The smaller homes suit a young couple or a single buyer who wants to move in without waiting on construction. Families that need a third bedroom can look at the 3 BHK plans. If you are buying to rent out, weigh tenant demand in Varthur against the age of the building and the running costs of a large campus.