Lake View Address

Lake View Address stands on Veer Sandra Gollahalli Main Road, Gollahalli, Electronic City Phase 1, Bengaluru 560100. That places you in the south of the city, in the Electronic City belt. The developer has not published distances to offices, schools or hospitals, so we do not quote any.

Because the community is ready to move, you can judge the real situation rather than a promise. Drive from the gate to your office at your usual time and time it, then make the return trip in the evening. Note how long it takes to reach the main road from inside the layout, since a 40-acre site has long internal roads.

Everyday needs are worth a separate trip. Find the nearest supermarket, pharmacy and clinic, and see how long the school run would take. Look at the state of the approach road after rain, and at night check the lighting on the way in. Ask residents what they like and dislike about the location. People who have lived here for a while will tell you things no brochure will, such as the traffic at the nearest junction.

Lake View Address has two villa types, both quoted as built-up area: roughly 2,050 sq ft with three bedrooms, and roughly 3,165 sq ft with four. It also sold plots in six sizes: 20 x 30, 20 x 40, 30 x 50, 30 x 55, 30 x 70 and 60 x 40 ft. Every villa and plot is now sold, so prices come from owners, not a developer list.

A resale price reflects the villa's condition, its position in the layout and the plot under it. For a plot, the exact area matters most, so have it surveyed and match it to the deed. Resale of a finished villa or a plot carries no GST, but stamp duty and registration are payable, and on a villa they cover land as well as the building.

Collect from the seller:

• The sale deed showing the plot area and dimensions
• The approved plan for the villa, if you are buying one
• Receipts for any maintenance dues paid to the association
• The loan closure letter, if the property was mortgaged
• Recent sale values in the layout, to compare against

Lake View Address has no RERA registration number published yet. If the seller or the developer gives you one, check it on the Karnataka RERA website (rera.karnataka.gov.in). In a finished layout, the land and completion papers matter more than the registration, so focus on them.

For a plot, ask for:

• The conversion order for the land
• The approved layout plan
• The release order covering the plot
• The encumbrance certificate and the seller's sale deed
• The khata and latest tax receipt

For a villa, ask for the occupancy certificate, the sanctioned building plan, the seller's sale deed, the khata and the tax receipts. Check that every document is in the seller's name and that the dimensions in the deed match what you see on the ground.

In both cases you register a sale deed with the owner, then move the khata into your name. Get a no-dues letter from the association before you pay the balance. If you are building on a plot, your own building plan sanction comes next.

Lake View Address spreads 500 villas and plots across 40 acres, with the clubhouse and courts shared by everyone. Ask for the master plan and mark the exact villa or plot you are considering. Any images are as planned by the developer, but the community is built, so walk it and compare.

A day here can be busy. Mornings start on the jogging track or in the gymnasium, followed by a swim. Racquet players have tennis, badminton and squash courts, and there is a basketball court, a multipurpose court and a cricket pitch for team games. Younger children have the play area and a toddlers' pool of their own.

Indoors, the games room, the pool table and table tennis fill the evenings, and the sauna is there for tired muscles. Families use the landscaped gardens and the activity area on weekends, and celebrations go to the party area. Small errands are easier with retail spaces on site. Ask the association for the current maintenance charge, how it differs for villa and plot owners, and how well the courts and pools are kept.