New Town Heights township is spread in sector 90, 91 and 86. It is located close to the industrial sectors of Manesar and can be easily reached through NH 8. This project is suitable for people engaged in IMT Manesar due to its close proximity to the place. Internal road network is not at all present and thus other infrastructure depending on it like water, sewer lines are missing too. There are no malls, shopping places, schools, hospitals, banks and other necessary amenities required in day to day life. Considering the current price level with a tag of DLF the project is good for investment as prices will surely soar once the infrastructure becomes available.
Propertyclubindia/Is the township New Town Heights by DLF in New Gurgaon, worth investment?
Their agreement book in short is a back mail license, you will see their colour, after you have signed the agreement book and paid up the earnest money. Then it's their turn and you can do nothing, no court will help you as you have agreed to their terms. You will pay them 90% payment as per their 27 months payments schedule and get your apartment after 84 months.
If you don't pay, you loose your earnest money deposit. And they will make you cry to refund your balance amount. If you pay, you unnecessarily block your 90% with DLF for 5 years and then when you get it you succumb to their fraud taxes and finally you dont find a buyer to sell as your flat is 60% higher then equivalent flats of prevailing market price
Continued....Read agreement cl 41. Vide this clause they will keep looting you till your blood is sucked. This is an indemnification, where by the company will ask you payment ( even after paying 100% payment and getting your flat) later at any date in the name of external / internal amenities, while u have actually paid for all amenities, so you will end up paying Lakhs of Rs possibly in the name of garden or street lights etc
Continued.. Read agreement clause (this is in case on new town height Kolkata), 1.1, page 7, Taxes. They send you service tax with instalment payment demand notice. After you have paid all your service tax, and just before possession (last payment) , they send you bogus expenses claim in the name of Govt expenses running into 2 Lakhs Rs in my case for a 1270 sq feet flat, when you ask them they reference to above cause.
Also be aware of agreement clause 8, they cheat people vide this cause, sending late demand notice and then later sending you a policy letter for TPR stating you r not entitled for any TPR and Late possession payment (due to project delay) on account of your late payment.
Due to space limitation I am continuing, they lure customers with lucrative offer of TPR, timely payment rebate. This is to attract your timely payment. They say that in case you pay as per agreement payment schedule and you get 400-500 Rs discount per sq feet. Once they have received your payment, they will look at some faults of yours and if you have no fault, they will post demand notice late so that your payment reaches them late and they you get a bogus policy letter from them that you have just missed TPR and not entitled. They know from beginning that the project will be delayed by at lease 6 years, but they will ensure that you end up paying 90% payment to them in 27 months
I have booked a flat in DLf New town height Kolkata , West Bengal. All I can say is its a Chor company. They will sell you if possible and most important they are a bogus and cheat. Read agreement book and you will never buy one from them as all clauses are framed to Cheat customers. Their Timely payment rebate, delayed possession payment are all bullshit. In agreement book you will find the clause but in actual refer their force majeure clause, and you will know why they wil never pay you a penny even if they take 10 years
Please dont do mistake. It wont be a good decision to invest in DLF property. Telling u from my own experience. Owner of sec-86 . Booking done in Feb-08 and possession is expected by 2014. 6 yrs + 10 Lac addtional cost from orginal price. Total fraud
Wait, let come 2014 and then you will forget your TPR ND late possession payment of 3 years. Read agreement booklet signed by you, it's their weapon by which they commit fraud and cheat people. I ave also booked in 2007 and now they give possession 7/2013, no TPR, no late delivery payment and on and above 2 laks Rs fr 1277 sq feet flat in Kolkata ( new town height) in the name of govt exp and if you ask they show agreement cl 1.1 (taxes) page 7
Please dont do mistake. It wont be a good decision to invest in DLF property. Telling u from my own experience. Owner of sec-86 . Booking done in Feb-08 and possession is expected by 2014. 6 yrs + 10 addtional cost from orginal price. Total fruad