Monday, November 24, 2014

Mantri Courtyard Villas Located in Electronic City, Bangalore offered with 3BHK Villas and 4BHK Villas.

Mantri Courtyard Villas Area Range 1690-3495 Sq.ft Located in Electronic City, Bangalore offered with 3BHK Villas and 4BHK Villas.


Introducing Mantri Courtyard, Row villas with a private green space that fills joy in your life. Get back to a home with a private outdoor space, a space that fills you up with happiness, a space where you can recharge, refresh and rebalance yourself. Find that space at Mantri Courtyard and rediscover the joy of living.

Project USPs

Private courtyard with every home
Large well equipped clubhouse 
Serene residential row villas    
Area starting from to 157 to 324.69
(1690 sq.ft to 3495 sq.ft)   
2 parking slots with each home 
Prices starting from र 1.08cr onwards


Outdoor Amenities

Swimming pool - multifunctional pool including a bubble pool, an activity pool and a toddlers pool Outdoor party area Landscape gardens Children's play area Tennis court       
Indoor Amenities / Clubhouse

A luxurious 15,650 sq.ft (1453.93 Clubhouse A well-equipped Health Club with air conditioning Gymnasium Steam room (Separate for Ladies and Gents) Sauna room (Separate for Ladies and Gents) Massage room (Separate for Ladies and Gents) Squash court Table Tennis Pool Table TV room/ Mini Theatre Karaoke Room, Dance/Aerobics floor with Music System Tele-Medicine Centre and Health Room Convenience Store Banquet Hall Chess/Carrom and other indoor Games Library/Reading Room

The trend for the high rise buildings in Bangalore started during late eighties when the builders from Bombay launched building projects in Bangalore. The attraction was rapid growth of Bangalore between 1971-81 which was the highest in Asia in addition to the salubrious climate, beauty, (this is almost lost today) cheaper land, and higher F.A.R. permissible compared to Bombay and the hospitable citizens of Bangalore. Rahejas, Ranka, embassy, mittal, Bhaktavar are some of the builders who started their activities in Bangalore during that time.

Local entrepreneurs also started building activity like: Prestige, India Builders and others. Their intention was to make most of the situation.
Due to enormous potential for building activity, hundreds of apartments and considerable number of commercial complexes had come up in Bangalore. Apartment living was new to Bangalore. Those who lived in flats were mostly outsiders. Local people even now like to have independent houses.
To enable regulation of apartments, the following two acts were passed in Karnataka on the lines of Mumbai acts: l.Karnataka ownership Act, 1972. 2. Karnataka Ownership flats (Regulation of the Promotion of construction, sale management and transfer) Act, 1972.

Even now majority of the apartment dwellers are not aware of these acts, and rules issued under these acts, which came into force from 2.04.1975. No one is following these ACTS.
In Bangalore the Co-operative Housing Societies or the Owners Associations are being followed, the choice being left to the group of buyers of flats.
Most of the Co-operative societies were registered under the Co- operative Societies Act.

Associations are registered under the Karnataka Societies Registration Act, 1960. In Mumbai, a group of persons form a housing society, mobilize funds, purchase land, build apartment, live in the apartment and maintain the building. Where as in Bangalore, builders build the apartment sell the flats during construction and later.

The buyers form apartment Housing Society / Owners association for only maintenance purposes. The builders register the flats in favour of the buyers. Later transaction is between the owner of the flat and the subsequent buyer. The seller relinquishes his membership in the Society/ Association and the buyers become a member of the Society/Association.
Bye laws:

After registration, the Apartment Society frames its byelaws and gets it approved from the Co-operative Department or under society act. The byelaws should be in accordance with the Act and provisions. The byelaws provide for election of Committee and office bearers for management of the society Elections to the Committee in case of housing Co-op Society are conducted by the Returning Officer appointed by the Co-operative Department as per procedure. In the case of Association or Society, the General Body elects the office bearers. 

Byelaws provides for membership, General Body Meeting, Special General Body Meeting. Committee, powers of the committee, accounts & audit and in general management of the Housing Society or Association. The Department of Co-operative approves the Byelaws and returns to the Society for following the provisions. In case of an Association, the Registrar of Societies along with the Memorandum approves Rules and Regulations of the Owners Association.

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