Hi All, I received the possession letter yesterday, as I am overseas so cant see what is in there. Soon I will get the letter scan and read whats in there. Its seems possession formality started so let see when we can party together in our new nest...I hope everything is done in the society and they have not rushed it for job done!
Hi Alok, As per agreement any delay beyond 3months of the agreed time incur compensation. As possession on my agreement states by Dec 2011 that means compensation (which is % of per sq ft) kicks in from March this year. The truth is that there is always a unexpected things comes in when builders have pay the buyers. I think at the time of possession when we will ask for compensation then they will put forward some extra cost incurred that was not accounted for like building cost, material cost or fuel cost etc etc and that will balance out any compensation. I will post new pics every month if possible. Hope to see you all in our new nest soon....
Hi Raaj! many thanks for this valuable info with pics. Seems that project is getting badly delay and we are the ones who are suffering a lot due to moving forward of possession time unexpectedly. Can we get any compensation from builder for this delay.... we all should need to voice out about it.
It seems everyone is now desperate to move in and so am I in Angel Mercury. I have been speaking with the builders and it seems the possession date keep on moving forward. Last time when I checked it was September and now it is Oct-Nov. With the history of what they have been saying it seems by March 2013 we will get the property. If earlier then we all will party in the front. Below is the link to very recent (21st May) pics of the property. Make a guess by yourself as of when we can get the property.
Flickr: humtumau's Photostream
Update: 1. Flooring finished in all rooms 2. Swimming pool and parking under construction 3. No sample flat available so can't click the pics. 4. Roads outside the flat are not well established. 5. Near by societies almost full. 6. Completing time around Oct to Nov 2012.
I hope this will give you all some sight of relief or frustration. Be patient we will get there.