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About Us
Royaal Mahaadev Builders, esteemed as premier builders in Bangalore, embody excellence in the ever-evolving domain of real estate and property development. With a storied legacy of shaping the cityscape, our journey signifies entrepreneurial vigor and a steadfast dedication to revolutionize the Indian real estate sector. Across decades, our remarkable achievements in completed and ongoing projects have solidified our position as frontrunners in Bangalore’s construction landscape. Driven by ambition, our team at Royaal Mahaadev Builders brings a wealth of experience, guiding prudent real estate decisions that surpass international benchmarks. Our diverse portfolio reflects an unwavering commitment to perfection, offering customers opulent and harmonious living spaces crafted with meticulous attention to detail. A dedicated ensemble of architects, engineers, and professionals ensures authenticity, customer satisfaction, and assurance in every endeavor. At Royaal Mahaadev Builders, our collective mission is to elevate lives through thoughtful design. Our vision to redefine India’s real estate sector is materialized through decades of expertise showcased in completed and ongoing projects. Committed to surpassing global standards, we prioritize integrity, customer contentment, and unwavering quality in all our endeavors. As one of Bangalore’s premier builders, our primary goal is to deliver exceptional projects of international caliber in a cost-effective manner. Acknowledged as a leading construction entity, we are the preferred choice for those seeking excellence in real estate endeavors. Our steadfast commitment to affordability, innovation, and unparalleled quality positions Royaal Mahaadev Builders as a pivotal player in Bangalore’s thriving real estate arena. Fueled by ambition, our builders at Royaal Mahaadev bring a wealth of experience, making sound real estate decisions that transcend international standards. Our portfolio is a reflection of unwavering commitment to excellence, offering customers a luxurious and comfortable lifestyle through meticulously designed spaces. The dedicated team of architects, engineers, and professionals ensures veracity, customer delight, and assurance in every project. At Royaal Mahaadev Builders, our collective focus is on enriching lives through thoughtful designs. Our vision to revolutionize the real estate sector in India is realized through decades of expertise showcased in completed and ongoing projects. Committed to exceeding international standards, we prioritize integrity, customer satisfaction, and quality assurance in every undertaking. As one of the top builders in Bangalore, our primary objective is to develop outstanding projects of international standards in a cost-effective manner. Recognized as a leading construction company, we stand as a popular choice for those seeking excellence in real estate decisions. Our commitment to affordability, innovation, and superior quality positions Royaal Mahaadev Builders as a key player in the vibrant landscape of Bangalore’s real estate.
FREQUENTLY ASKED QUESTIONS
Local FAQ's
What Should My Down Payment Be?
20% will be the down payment for Plot.
How Does My Credit Score Impact My Home Loan?
Based on CIBIL Score.
Who are the approving authorities related to property acquisition?
The right authority for registration like BDA, BBMP, BIAPPA & BMRDA and other local authorities.
How does EMI differ from PEMI?
As mentioned above, the EMI begins only when the loan is fully disbursed. If the loan is partially disbursed, then only interest payments are made o n the amount disbursed. These interest payments made before the loan is fully disbursed and before actual EMIs begin, are known as pre-EMI.
Are there any income tax benefits from owning a property home?
Yes, there are. The tax code provides various benefits to people who own their homes. They may deduct both property tax payments and mortgage interest and other expenses from their income tax.
What is the process of registration of properties?
Registration of a property involves stamping and paying minimum registration charges for a sale deed which acts as a legal proof and kept as a record at sub-registrar’s office.
What are the registrations and Stamp Duty charges in Bangalore?
The ongoing stamp duty fee in Bangalore is approximately 5.65 per cent and registration charge is 1 per cent of the total value of the property.
Major differences between built-up, carpet area and super built-up area?
Built-up area is inclusive of not just the carpet area but also the area being occupied by the walls of your home. Carpet area is defined as the precise area within the walls of your home. If you had to lay out a wall-to-wall carpet in your entire home, the area covered would be the carpet area. Super built-up area takes into account all the area under the common spaces which is the apartment’s proportionate share of the lobby, staircase, elevator and the corridor outside the apartment.
How maintenance charge is calculated on apartments, villas & layouts?
Differs from project to project.
What are Pre EMI benefits?
As you know Pre-EMI are only the interest’s portions on the distributed loan amount until the full loan is distributed. The EMI Structure starts only after the Pre-EMI phase. On completion of the Project, Pre EMI interest paid can be deducted later in 5 equal installments for next 5 yrs from the end of financial year of possession.
Can the properties (residential/commercial) be given on rent if not required for immediate use?
The Reserve Bank has granted general permission for letting out any immovable property in India. The rental income or proceeds of any investment of such income are eligible for repatriation.
NRI FAQ's
Who is a foreign citizen of Indian Origin?
A foreign citizen is deemed to be of Indian Origin if : i) he held an Indian Passport at any time or ii) he or his father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955. However this does not apply to citizens of Pakistan, Bangladesh, Afghanistan, Bhutan, Sri Lanka or Nepal)
Can they dispose of such properties?
Yes.
To acquire any residential/commercial property in India do a non-resident Indian citizens require permission of The Reserve Bank?
Not necessarily. All Indian citizens are entitled to buy Residential/Commercial type of property in India, irrespective of their residential status.
Do foreign citizens of Indian origin require permission of the Reserve Bank to purchase immovable property in India for their residential use?
Yes. However, the RBI has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property in India for their bonafide residential purpose. They are, therefore, not required to obtain separate permission from the Reserve Bank.
How should the purchase of residential immovable property be paid for by foreign citizens of India origin under the general permission?
The purchase consideration should be met either out of inward remittance in foreign exchange through normal banking channels, or out of funds from NRE/FCNR accounts maintained with banks in India.
What formalities have to be completed by foreign citizens of Indian origin to purchase residential immovable property in India under the general permission?
They are required to file a declaration in form IPI 7 with the Central Office of Reserve Bank at Mumbai within a period of 90 days from the date of purchase of immovable property or final payment of purchase consideration along with a certified copy of the documentary evidence for the transaction and bank certificate for the money paid.
Can such property be sold without the permission of Reserve Bank?
Yes. Reserve Bank has granted general permission for sale of such property. However, where the property is purchased by another foreign citizen of Indian origin, funds towards the purchase consideration should either be remitted to India or paid out of balances in NRE/FCNR accounts.
Are any conditions required to be fulfilled if repatriation of sale proceeds is desired?
Applications for repatriation of sale proceeds are considered provided the sale takes place after three years from the date of final purchase deed or from the date of payment of final installment of the consideration amount, whichever is later.
What is the procedure for seeking such repatriation?
Applications for necessary permission for remittance of sale proceeds should be made in form IPI 8 to the Central Office of The Reserve Bank at Mumbai within 90 days of the sale of the property.
Can Indian companies grant loans to their NRI staff?
The Reserve Bank permits Indian firms to grant housing loans to their employees deputed abroad and holding Indian passport subject to certain conditions.
Offices Location
Sri Kala Complex, 2073, 24th Main Rd, opp. to Lotus Hospital, Vanganahalli, 1st Sector, HSR Layout, Bengaluru, Karnataka 560102
Mr. Vinay Venkateshan
Mr. Suraj Ravidas
Mr. Darshan
Mr. S. Pradeep Kumar Shenoy
Mr. Chegu Prasanth Gupta
Mr. Sayed Basha
Mr. Gowrish. S.K
Mr. Mohammad Basha