Q: I had gone to site on Sunday 22/07/12 at 11 am. About 10 workers are working on Exotica site Bulding 3, and few about 15 on site building 4. The plastering work is undergoing at SRA site and Tile work is going at Phase I Premier Residence . You can visit and see yourself. The work is slow and Mr Vinay is right, this will take another 2-4 years to complete Phase II.
Anupam, join owners group of this project and try meeting other buyers of the same. Discuss with them and altogether find some solution. Hire a legal expert and take suggestions from legal experts.
I did not meet builder. I had come to know that builder had not paid to his contactors so many of his contactors are left due to unpaid material supply, services etc. I do not know about salary of staff. Builder is quating Dec 2012 for Phase I ( Residence). The agreement is silent on compensation due to time delay. Genrally agreements are one sided .
I had book flat at B wing ,1BHK. Almost all the work of all the project are slow and few are almost dead(No Work) from last one year. The new DCR rules make it costly and hence only the project where more than 70 % flat are sold are working in slow mode. All the project of HDIL are stopped from last one year. Builder only give wage reply and pass the time. They have no control on market.