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
Q6. What are some of the key Projects of Aashrayaa Projects?
A. Some of the world- class projects are
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
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
A. Legally, the actual area owned by the individual is the basis for calculation of maintenance
Q10. What are the payment stages ?
|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|
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