Thanks for the review veenamaclin. The last thing my middle-class family would want to happen to us is to lose money (which to start with we dont even own but have to loan from banks!) and be victims of greedy immoral fraudsters of the Indian real-estate market.

I have read bad reviews about most builders and I guess the best option for me would be to go for a re-sale flat in a property whose builde has been true to his words till date. Even if the flat isn't new, it would avoid a lot of issues like year-long delays, non-payment of penalty dues, bad contracts and I could check for myself the state of amenities like greenery, cleanliness, water, power back-up, lifts, child play areas, gyms and so on, maybe even talk to a few neighbors and get to know first-hand about the builder, the flat and pros and cons.

I guess the best part would be that I can avoid the endless wait and anticipation and be able to move in to my new home as soon as I make the full payment :)

If anyone knows of such good flats for re-sale in East Bangalore, you can contact me at ikka<dot>molu<at>yahoo<dot>com