Vrindavan Green approvals

Q: Whether Vrindavan Green Project is approved by GDA and up to which floor. Has it got all approvals for Home Loan if go for purchase of floor. Or approval takes time? Home loan for 7th to 11th floors are being given by bank or not?
Understand this project is yet to be approved beyond 6th floor for compounding fee which is to be paid.

30th July 2012

Buying property in River Vrindavan Green, Sahibabad, Ghaziabad

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Replies (37)

Is there any one who bought at 11th floor?

Ram Narain, Apartment Resident, Delhi

29th April 2014

Comment

Hi Neeraj, you can join the Owners group of this project and check who is the owner of the flats and on which floor... to join the Commonfloor Group, of River Vrindavan Green, Ghaziabad
click on this link River Vrindavan Green, Ghaziabad and http://groups.commonfloor.com/ and get in touch with other owners who have already booked a flat in this project and discuss about the same.

To find the benefits of joining the software please find this link ( http://www.commonfloor.com/apartment-communities/benefits-owners)

Already 1 lakh apartment society are using Commonfloor Groups to bridge the gap of communication among the owners and MC ( Management Committee)

Mahinder, Noida

29th April 2014

Hi Neeraj,
I am a resident of Vrindavan Green apartment and a member of the Association. As far as the Compounding is concerned the picture is not clear. Every Sunday the residents meet up and discuss the issues. We have given several notices to the River Builder's Directors to present on Sunday and address the resident for Compounding and Sewerage issue, but they have never showed up. They are hiding themselves and do not want face our questions. There have been so many changes in directorship as well since last one year. All the directors are not showing any interest in this project now as almost all the flats are sold out. Some of these directors have also started project in Noida with the name of DSD Homes - Noveena Green. They are just selling dreams and not at all fulfilling them. If you have flat here we request you to present in the meeting on Sunday. You may call me at 9312235952.

Dev, Apartment Resident

1st August 2014

How the registry is being done. No approvals from GDA. People have started living there. Compounding means,for all the building,. Is it safe now? please suggest

RAJ PARAMHANS

28th April 2014

Comment

Is there any buyer for 11th Floor??

Ram Narain, Apartment Resident, Delhi

26th April 2014

Comment

Recently GDA has publicized a list of status of completion certificates, compounding fee etc. Name of this builder does not appear in any of these lists. Is the project not covered in GDA area.

maneesh, Apartment Resident, Delhi

25th April 2014

Comment

Where is the list? can I see it online...?

Nikhil Sharma, Apartment Resident

1st May 2014

I understand that compounding is not a 'right' of builder and therefore builder can not 'demand' compounding. All they can do is to present all documents and explanations related to extra-constructions if any. GDA will there up on decide whther the offence is compoundable (means permission could be given after imposing a lump-sum penalty). In case of River Builder i heard a few months ago that active discussions with GDA was underway and some amount of money has also been deposited (though these facts are very difficult to be verified idependently). If this is the case, I presume that related documents have also been submitted to GDA. As far as loans are concerned, I beleive loan is extended on two main creteria (1) collaterals (that is pledging flats) and (2) ability of loan seeker to repay loans. Banks take liberty to relax one of these if other part is bonafide. So, if a loan seeker has strong track records/income flow, Bank may proceed to give loans even on risky projects.

Deepak, Delhi

16th April 2014

Comment

Hi deepak, hi maneesh

Thanks for the facts provided. However I wish to know whther River builder has submitted documents for the compounding fees to be paid or new layout plan/building plan submitted to GDA. Some of the allotted started living there. But comounding is for the whole building and not flat to flat or floor to floor basis. Some of the banks giving loan to 11th floor and not giving loan to 6/7th floor. Some banks are giving loan to all floor. How is this. Compounding can not be done on floor to floor basis or flat to flat basis.
Can u pls clarify

Paramhans

16th April 2014

Comment

Thanks Deepak for prompt reply.

maneesh, Apartment Resident, Delhi

16th April 2014

Comment

All I can read through the Supertech issues is that the GDA will be hesitant to ligalise the extra-constructions by any builder. However, the case of Supertech is quite different from that of other buildings where compunding is pending. I beleive, near 70% of buildings constructed over past 4-5 years are awaiting GDA's final clearnce. In case of River Bullder, as far as I know, they have permissions up to 12th floor (55 meter). However, I am not sure about breadth and FSI related measurements. In any case, comounding issues seems to linger further.

Deepak, Delhi

16th April 2014

Comment

Any update about compounding fee issue. I'm getting nervous after Supertech, Noida incidence.

maneesh, Apartment Resident, Delhi

16th April 2014

Comment

Uderstand the building is complete and some people have got possession and registry done and living there. But what about compounding fee and completion certificate. Kindly let me know the exact situation

14th March 2014

Comment

Any one can me if the process of compounding fee and approval is over by the builer or is yet in the process

14th March 2014

Comment

I dont think compounding isssue is over yet. May be after election we can see some positive development

Deepak, Delhi

14th March 2014

Thanks Anas. Do you know about the completion Certificate ...?

Nikhil Sharma, Apartment Resident

7th March 2014

Comment

Hi Nikhil, the Completion certificate is issued when the building is completed and ready to be handed over .. the possession still takes 2-3 months as the broker said that the finishing is ongoing.... so im sure at the time the flat is handed over by the builder all required documents will be there...

Anas, Ghaziabad

10th March 2014

Hello Nikhil, i was speaking to a broker and was told that all the approvals from GDA is bow in place and all major banks both nationalised and private banks except SBI and ICICI banks are giving loans as well... there are some flats that are available in resale and the price is between RS 5500-6000/sqft and the prices is dependednt of floors, the higher you go, the price is cheaper....

Anas, Ghaziabad

6th March 2014

Comment

is it safe to buy higher floors flat?

Nikhil Sharma, Apartment Resident

28th February 2014

Comment

any news on compounding fee...?

Nikhil Sharma, Apartment Resident

28th February 2014

Comment

Hi Neeraj,
Can i call u now? what unit u have 3 or 2 bhk?

Nikhil Sharma, Apartment Resident

14th February 2014

Comment

I own a flat in Vrindavan Green and ready to sell @4200 per sq fit...if you are interested call me at 9911883698.

Ram Narain, Apartment Resident, Delhi

13th February 2014

Comment

I wanted to book a flat in Vrindavan Green (Sahibabad). Please let me know, if it is safe. Please let me know, if there is any forum where I can get more details.

Nikhil Sharma, Apartment Resident

13th February 2014

Comment

my questions.....

Is the builder able to get all approvals from GDA for this project till 11th floor ever?
Is this whole project safe? or GDA is going to remove its top 6 levels?
If compounding and clearance pending for ALL floors then - please clear your point for the line you written above 'Vrindavan green is approved only up to 5th Floor' ?

Please reply
Thanks
Neeraj Kr.
9911883698

Ram Narain, Apartment Resident, Delhi

11th November 2013

Comment

Hi Maneesh/Neeraj

Understand vrindavan green is approved only up to 5th Floor. Compounding is yet to be done. NOC and Completion not obtained. Compounding and clearance is for all the building and not per floor. Any one can suggest what is to be done now.

11th November 2013

Comment

Hi maneesh/Neeraj

I believe, registry does have direct link to possession of property. Registry office is not required to know whether builder has completed and provided all amenities promised by a builder. Registry merely certify the transfer property from builder to buyer up on paying state taxes (land revenue tax). Registry can be done before or after possession. But possession is handed over buyer only when all clearances from different authorities, like water/electricity/sewage/fire control departments etc and all these being vetted by GDA. GDA would dive NOC only after all these clearances and Banks generally seeks NOC from GDA to approve and disburse a loan. Therefore, mere registry is not going to help the people who seeks loan. Secondly, if builder, registers all flats and does not obtain NOC, GDA may take action and residents along with builder may be imposed penalty. This is my understanding. If anyone could add something..that will be a great help. Regards

Deepak, Delhi

7th November 2013

Comment

I was told possession in December 2013...but we can see the project is not complete yet.

Ram Narain, Apartment Resident, Delhi

6th November 2013

Comment

Today I talked with Mr. S, representative of River Builder regarding completion certificate and compounding fee. It was told that it is still in progress. However, it was added that possession and registry formalities could be completed even without completion.

I'm not sure how this is being done as there was news in papers a few months back that GDA has issued advisory to revenue department to make it mandatory to get completion before registry. Full News at : http://www.hindustantimes.com/htestates/chunk-ht-ui-htestates-topstories/gda-wakes-up-to-the-need-for-completion-certificate/article1-1072012.aspx.

Pl. share any further information in this regard.

maneesh, Apartment Resident, Delhi

6th November 2013

Comment

I want to talk with ...who already booked a flat at 11th floor - Call me at 9911883698.

Thanks,

Ram Narain, Apartment Resident, Delhi

19th October 2013

Comment

As per my communication with office manager at Vrindavan Green, compounding process is yet to complete. I have also heard that the compounding fees + under table fees are a huge amount and builder is trying to arrange money to meet up the demand by GDA. In this process, it has somehow taken in to confidence select banks (PNB/Corporation Bank) to start disbursing loans. To me, legal issue remains even if builder agrees to get the flat registered in the name of clients.

Deepak, Delhi

8th October 2013

Comment

I got a call form builder 10 days back that they have paid compounding fee and have got completion certificate. Is this true? If anybody has any information in this regard please share.

maneesh, Apartment Resident, Delhi

4th October 2013

Comment

no,its not true. they have still not got approval of building beyond 5th floor nor have compounding of 6th floor to 11th floor

R.P.Singh , Apartment Resident

14th November 2013

Any news on compounding fee and completion certificate?

Nikhil Sharma, Apartment Resident

7th March 2014

can anybody update us on approval status of Vrindavan Green? Builder continues to dillydallying the issue.

Deepak, Delhi

2nd August 2013

Comment

Not approved yet.

Ram Narain, Apartment Resident, Delhi

6th August 2013

Is there anybody who wants to sell a 2bhk at Vrindavan Greens. Contact me at 9312127122

Sanjay Agarwal,

11th April 2013

Comment

Can anybody update us progress of towards GDA approvals of Vrindavan Green. Whether compounding fees has been paid? I apeal to investors whoc are stuck in Vrinadavan Green to come on comman floor and get in touch with each other via mail or mob number to get latest happenings on Vrindavan Green (Email: topvigil@yahoo.in). Regards

Deepak, Delhi

16th January 2013

Comment

Hi deepak

I can talk to you if you give me your mail or mobile.

Meena

16th January 2013

Comment

Hi Meena, You can respond me on my email: topvigil@yahoo.in

Deepak, Delhi

16th January 2013

I also request investors to get in touch via mail for true status of vrindaan greens

16th January 2013

Any news on compounding fee and completion certificate .... please let me know on nikhil4u_saggi@yahoo.co.in

Nikhil Sharma, Apartment Resident

7th March 2014

Can anybody update us progress of towards GDA approvals of Vrindavan Green. Whether compounding fees has been paid? I apeal to investors to get in touch with each other via mail or mob number to get latest happenings on Vrindavan Green.

Deepak, Delhi

16th January 2013

Comment

i think they have got approvals, that's why authority is allowing to construct. GDA is now a days very strict on plan and approvals.

dk, Bangalore

31st December 2012

Comment

It is still a mystry ...we hear same answer from project office that compounding process would get over in next month. No body is giving clear picture as to why it is taking so long to get GDA approvals, which ideally would have been taken prior to statrt constructions and puchasers should have been given true picture about approvals status. Please update if any of you have more inforamtion?

Deepak, Delhi

14th January 2013

Hi Rajesh, if you are looking to buy a flat, you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.

Mahesh, Delhi

2nd August 2012

Comment

Hi all, I heard the process is going on.. They will get it soon.

rai.arup,

2nd August 2012

Comment

No I have not booked any flat in this. I am looking if any available for resale.

rajesh.sing2,

2nd August 2012

Comment

I do not think the project has got approval from the development authority. Please update.

rajesh.sing2,

31st July 2012

Comment

Have you booked a flat. Please update if this is approved,

31st July 2012

Hi, Have you booked a flat in Vrindavan Green? How come you know that the compounding fee which is yet to be paid?

rai.arup,

31st July 2012

Comment

Yes, booked a flat. Submitted application to bank for loan. Bank says compounding fee is yet to be paid for some floors. After that it will be approved by GDA and then loan can be sanctioned. Have you booked a flat.

31st July 2012

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