Kalpataru Not Allowing to take loans from SBI and not clear on possession of 7A and 7B

Q: I am planning to book a flat in kalpataru estate pune, but i fear that the builder is keen on not taking loan from SBI. Is it that the builder does not posses some document for scrutiny that SBI demands. He says he will do the agreement only if we go with HDFC or LIC. Currently he is saying that possesion of Phase 2 and 7A and 7B will be given by max august (on which he is not very sure). Also when enquired on 30th jan 2011, the occupation certificate is still yet to come in 1 month.
Is it worth booking a flat here. Is there some problem with the project approvals from govt.

Nitin,

30th January 2011

Kalpataru Estate, Pimple Gurav, Pune

Follow Discussion

Also see discussions for

Pune Pimple Gurav Kalpataru Estate

Replies (2)

Construction quality is good, BUT commitment is lacking sorely at the builder's end.

My advise is stay away, most of the owners have no option but to stick around till things fall in place. Phase 2 is already delayed by more than a year. We were promised OC by 15 Jan, till date there is no OC for 5a/5b/5c, as a result, we are not able to take possession. 6a/6b/6c obtained oc 3 months from the actual promised date.

Regards,
Sandesh K

Sandesh K, Apartment Resident

31st January 2011

Comment

Ask a Question

Related Forum Discussions

I am looking for 2.5 BHK resale in Phase2. It would be great if you can answer my below queries. 1) What are society NOC

REPLIES

Hi, I want to buy a 2.5 or 3 BHK flat in Kalpataru Estate.

I wanted to know details about possession of Kalpataru Estate.

Interested in 2/2.5BHK flat

Delay possession

View more Discussions(+)

Follow A Topic

CommonFloor Property Search Mobile App now available on Android, iOS and Windows!