Investment in Vasavi Majestica, Medavakkam Chennai

Q: Hi,

I am planning to buy a flat in Vasavi Majestica at Medavakkam. I find lots of bad comments about this project and this builder. When I asked them, they say that they had those problems, but now they are clear.

They promised me 3950 per sq ft. Handover Dec 2013.

Can I believe their promises and go ahead to book flat in this project. Please give me ur comments. Also please suggest any other flats near n around Jeyachandran Nagar and Kovilambakkam area.

Regards
Sriram

sriram K S,

3rd September 2012

Residential Project Review in Chennai

medavakkam

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Replies (7)

Do anyone see real progress in their Majestica construction over the past few months?
Having read lot of negative feedback 1 year back, really nervous whether to go ahead with choosing a flat in this project.

nanshi, Chennai

3rd December 2012

Comment

Every builder has a pros and cons so do they.

Ravi, Amritsar

5th September 2012

Comment

You can check with the legal documents like occupancy certificate, possession letter, reputation of the builder, approvals and sample flats.

uday.venkatesh,

5th September 2012

Comment

Hi Sriram, The builder have a grace period of 3 to 6 months so he can extent it to 6 more months if the project is not ready

chinnapa, Hubli-Dharwad

5th September 2012

Comment

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

manjunath.d1990,

4th September 2012

Comment

Hi Manjunath, Thanks a lot. I will post there.

sriram K S,

4th September 2012

Hey Sriram, I feel it's better to get all the legal documents verified before confirming on your decision.

uday.venkatesh,

4th September 2012

Comment

Hi Uday. Can you give me the documents which i have to check. I am a newbie here also i ve just started searching for flat. Can you throw some light on the documents which i have to ask them , so that i can verify. Thanks in advance

sriram K S,

4th September 2012

Hi, Vasavi Group had few issues earlier. But now it's all sorted out.. So I think you can invest in that project.

chinnapa, Hubli-Dharwad

4th September 2012

Comment

Hi Chinnapa. Thank you for your reply. I have a doubt. They mentioned the handover date as Dec 2013. I perceive it can extend for 3 more months. But when i see their Magilam project its delayed for a long time for EB issues. So i am worried about that . I am looking for a flat to occupy atmost by March 2014. So can i take their promise? Thanks in advance.

sriram K S,

4th September 2012

hi my email ID is g.barani@yahoo.com. I have booked a flat. Pls email. lets discuss

Kutti, Apartment Resident, Chennai

7th September 2012