Sruthika Springfields – FAQ’s

Sruthika Springifled is located on Singapura Main Road, close to Gangamma Circle near BEL Circle.It is a Residential Development spread over 4 Acres of land with multiple blocks in a low rise development along with a Clubhouse. There are about 360 UNITS in all.
The distance is approximately 18 kms. The project is 4.5 km from BEL circle on Outer Ring Road (ORR).
From BEL Circle on ORR, take the road to Gangamma Circle, continue towards Jalahalli Airforce Station (East) and take the left before the Jalahalli Airforce Station gate. Continue on the road past Kuvempu Nagar, till you reach Singapura. The project is on the Right side of the Singapura Main Road.
Type Area in Sq.ft. (Super built up area) No. of Bedrooms No. of Balconies
2 BHK 990 Sq.ft. 2 1
2 BHK 1008 Sq.ft 2 1
2 BHK 1188 Sq.ft 2 2
2 BHK 1215 Sq.ft 2 2
3 BHK 1377 Sq.ft 3 2
3 BHK 1404 Sq.ft 3 1
3 BHK 1611 Sq.ft 3 3
3 BHK 1809 Sq.ft 3 3
Yes. There is a differential pricing for Apartments. The East Facing Apartments will have a premium of Rs.50/- per sft over other apartments. Please refer to the price list for details.
Sruthika Springfields Clubhouse will host facilities like an exclusive Swimming Pool, Toddler’s Pool, Gymnasium,Party Hall,Yoga Room and Billiards Table.
Identify your Apartment
Fill in the booking application form
Pay by Cheque/DD
Identify your Apartment
Fill in the booking application form
Pay by Cheque/DD
Based on your application and priority you will be offered the Apartment available. On confirmation of the Apartment number you will be required to pay 15% of the sale value.
You will have to make another payment of 5% and enter into Sales agreement and issue Post dated cheques for the rest of the amount.
On payment of 20% of the sale value and submission of post dated cheques for the balance, the Sale agreement will be done to confirm the Allotment.
Yes, for Flats in BLOCK F and G, you can make 95% of the unit value against which you can avail of a discount of 10% of the unit price. The balance 5% will be payable on possession. This scheme is valid for payments made on or before 30th APRIL 2015. If you are taking a loan then it will be your responsibility to ensure that the bank/housing finance institution disburses this amount to Sruthika Builders by the said date.
If the payment is not made within the specified date, it will be deemed that you are opting for the installment scheme. However, you will be required to pay 20% of the sale value as stipulated to get the allotment confirmed.
Installments are to be paid by means of post dated cheques – this is a pre-condition of the allotment. The schedule of payment is mentioned in the cost sheet. The payment is on a time bound basis as mentioned in the payment schedule.
If cheques are dishonored the booking stands cancelled.
Prices are subject to change from time to time.
Why would you want to miss out on such an unprecedented product offering? However, if you do cancel after booking, then 1 % of the sale value will be forfeited as cancellation fee and the balance will be refunded within 4 weeks without interest. In case the booking is cancelled post agreement execution then 10% of the sale value will be forfeited as cancellation fee.
The construction is in Full Swing. We have started work on 5 Block and flats are being handed from April 2015 onwards.
The specifications and designs have been carefully worked out. Considering the number of apartments and the delivery date, customization will not be possible in the collective interest of the purchasers. However, if you want to get some woodwork done inside the apartment, then it can be handed over to you before the final painting.
We can provide one car parking space for every apartment. Additional car parking requests will be taken up towards project completion.
The land is freehold, marketable and free from all encumbrances.
Yes, all the necessary approvals have been obtained.
The following agreements need to be signed:
Agreement to Sell
Agreement to Build
Followed by a Sale Deed
Registration will be done only on completion of the development and on payment of the entire sale consideration including the additional amounts. Registration will be facilitated by us through an Advocate appointed by Sruthika Builders.
BESCOM & BWSSB Charges, Registration Charges, Service Tax/VAT, CORPUS FUND, Advance Maintenance Charges, Generator Charges, Khata, Assessment Charges & any other taxes, as applicable.
Yes, you are required to issue post dated cheques which are mandatory to get an allotment. These will be returned on receipt of the payment from the bank/housing finance institution.
It is your responsibility to ensure timely disbursement of installments from the bank/HFI and no demand will be made by us to them for the same. To facilitate smooth payments, customers are required to issue a consent letter to their respective bank/HFIs.
The maintenance will be taken care of by Sruthika Builders Property Management & Services. You can be rest assured that Sruthika Springfields will be looked after by professionals.
A sum of Rs. 24/- per sqft will be charged as an advance maintenance fee for the first year and will be collected at the time of registration of your flat. From the second year onwards, maintenance charges will be levied on an annual basis payable in advance. All future payments are to be made favoring the Property Management Company. An additional sum of Rs.50/- per sqft corresponding to the super built area will be collected as CORPUS FUND. This amount will be deposited in an escrow account and the accruals will be used for major expenditure.
Please email us at: info@sruthikabuilders.com or Call us at 7022267294 or 7022267296,
Alternatively, you could meet us at our Site Office : No 219/46 & 47/1, Singapura Main Road, Jalahalli (East), Bangalore 560097.