SKAV Madhura Apartments

SKAV Madhura Apartments stands at Talaghattapura, fronting Kanakapura Main Road, close to Vajarahalli, pincode 560062. This is the southern edge of the city, beyond JP Nagar, where the main road is the spine for almost every trip. A site right on the main road makes the first stretch of any journey simple, since you turn straight onto it rather than winding through lanes.

Day to day, that means most of your driving runs north along Kanakapura Road towards the older southern neighbourhoods and the city beyond. The developer has not published distances to metro stations, offices, schools or hospitals, so we leave them out rather than estimate.

Test the commute yourself before you commit. Drive from the site to your office at your usual hour and time it, then do the return trip in the evening rush. If you have children, check the drive to the schools you have in mind. Stand at the entrance for a while too, because a main-road frontage brings traffic noise as well as easy access. With handover set for 2031 onwards, also ask the local civic office about any planned road work on this stretch.

SKAV Madhura Apartments gives sizes as built-up areas; carpet areas are not published yet. The two-bedroom homes come in six plans of about 1,293, 1,333, 1,370, 1,384, 1,420 and 1,451 sq ft, costing Rs. 1.57 Crore to Rs. 1.75 Crore. The 2.5 BHK plans measure about 1,488, 1,533 and 1,591 sq ft, from Rs. 1.80 Crore to Rs. 1.92 Crore. A three-bedroom home of about 1,850 sq ft costs Rs. 2.22 Crore onwards. Above it, a 3.5 BHK of about 2,053 sq ft is quoted at Rs. 2.45 Crore and a four-bedroom home of about 2,057 sq ft at Rs. 2.46 Crore.

Across the range the rate stays close to Rs. 12,000 per sq ft. Since this is a new launch, GST is payable on top of the price, along with stamp duty and registration. Ask for a cost sheet that shows:

• The base rate and the area it is charged on
• Floor-rise and view premiums in the tower
• Car parking charges and bays included
• Club membership, maintenance deposit and power connection fees
• GST as its own line
• Stamp duty and registration
• The stage-linked payment plan up to 2031

SKAV Madhura Apartments has no RERA number published for the project. Ask SKAV for it and look it up on the Karnataka RERA website (rera.karnataka.gov.in). The entry should list the promoter, the approved plan, the land details and the declared completion date. Do not pay any booking amount until you have seen it there.

At a new launch you are paying for a building that does not exist yet, so the papers carry more weight than the brochure. Ask for:

• The RERA registration certificate
• Title documents and an encumbrance certificate for the 1.1-acre plot
• The sanctioned building plan for the basement plus 11 upper floors
• Khata and the latest property tax receipt for the land
• A draft agreement for sale with the handover date, delay penalty and payment schedule

A long build means many stage payments, so tie each one to work you can see on site. A bank loan sanction is a useful check, since the lender reviews the project's papers before approving it.

When the tower is complete, collect the occupancy certificate, the registered sale deed and the khata in your name before you take the keys.

SKAV Madhura Apartments is organised around one 12-floor tower on 1.1 acres, so the shared spaces are close to your front door. The developer has not published the share of land left open, so ask for the sanctioned site plan. Pictures you see now are renders as planned by the developer, since the building is not yet up.

Picture an early swim in the rooftop pool, with the city spread out around you, followed by a workout in the gymnasium. After a long week, the spa and sauna are there for a slow Saturday morning. Children can burn off energy in the activity area and, when it rains, in the indoor games zone.

Evenings are for a walk through the landscaped gardens. Birthdays and family dinners can move to the multipurpose party area, and the clubhouse serves as the common room for residents. Retail spaces planned within the project may save a trip for small daily needs.

With 111 households sharing one building, ask how many lifts there will be and how many parking bays come with each home. Also ask which facilities will be ready at handover.