Need feedback on Kohinoor-group, Ulhasnagar.

Q: Can some body tell me about Kohinoor-group in Ulhasnagar. I mean about their past record, how many projects they have done, are they good/trustworthy, do they have good track record of delivering projects as promised ? etc. I am considering their project MAXCITY in Ambernath/Badlapur for investment. They say the project is not bank approved yet, but is under process !!!

Imtiyaz Ahmed, Apartment Resident, Mumbai

26th December 2012

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I am extremely sorry about this delayed response. Kohinoor City is different project by different group. I think you are talking about Kohinoor city at Kurla, where as I was talking about Kohinoor Maxcity at Badlapur by another group situated at Ulhasnagar. For your info I never invested in Kohinoor Maxcity due to my concerns.

Imtiyaz Ahmed, Apartment Resident, Mumbai

9th June 2014

Comment

Ansari ,

If you are talking about the same group as kohinoor city , let me inform you the phase 2 is the held up in the middle , & the owners are in the process of filing a suit againts them ,as the registered agreements are due for handover in 2013. The staff is giving out vague replies , all they havta say is we will get back after management meeting which never happens. Iam in the process of enrouting this via indian Embassy

Faisal Shaikh, Apartment Resident

23rd January 2014

Comment

Though the words used were negative but they were meant to clarify the builders' goodwill. I completely agree about the customers' cautiousness as the amount involved is very huge but considering crystal clear documents which assures the complete transparency, one can be sure of builders' reputation in the market.If you have any doubts regarding project approvals, you can ask your solicitare/lawyer to rectify the documents on the safe side. The builder is ready to provide any necessary documents you need.

Amit, Ulhasnagar

Official account of - Kohinoor

6th January 2013

Comment

Thank You Amit.

Imtiyaz Ahmed, Apartment Resident, Mumbai

7th January 2013

Sir, The group has successfully completed many residential and commercial projects. Few of the projects are specified on the group's website, The group, though new in Ambernath, is not new in shirdi and has built many hotels in collaboration with other groups with many current & upcoming projects in the divine city. The group is also widely known for its goodwill at Ulhasnagar with many completed projects on here. Further, group has past projects in kalyan with upcoming G+13 project which is to be launched within a month. To talk about Kohinoor Maxciti, its the dream project of the group, the builder has assured to get the bank approvals in the coming week and is ready to pay the penalty if he fails.

Amit, Ulhasnagar

Official account of - Kohinoor

6th January 2013

Comment

Thank You Amit for your positive response.

Imtiyaz Ahmed, Apartment Resident, Mumbai

7th January 2013

The time required for the bank approvals has nothing to do with the project approvals as the time is usually consumed by the bankers and not the builder. All the detailed documents have been submitted from the builders' end and if any one has any queries regarding documentation can contact builder at any hour of the day. The builder is prominent enough to assure complete transparency regarding any document a customer seek.

The group, though not very huge, is into constructions since 20 years and have many ongoing/upcoming projects so there is no point of cheating or misleading as the group is not new into real estate.

Amit, Ulhasnagar

Official account of - Kohinoor

4th January 2013

Comment

Dear Amit, Thanks for your post on behalf of builder. I appreciate your time and effort to provide clarification on customer's concern. Can you please let me know how many project the group has executed in past and its details/ location etc, and when you expect to get banks approval on the project. I opine, the negative words you used like cheating / misleading was unnecessary specially when you are writing your post on behalf of builder. I would like to clarify ( and it is clear from my post ) that I did not mean to say any word which you have used. As a family we liked this project and its layout, and we are considering it, however as a customer we need to be cautious while making any investment decision. Hope you will agree.

Imtiyaz Ahmed, Apartment Resident, Mumbai

5th January 2013

Hey Ansari, I would suggest you that it would be better to talk directly with the builder before investing.

Rajiv,

27th December 2012

Comment

Yes the project has not got approval from any bank. Kohinoor Maxciti is an ambitious project of Kohinoor Group with hi-tech security and excellent transport

Sujan Mitra,

27th December 2012

Comment

Thanks. Ambitious is very correctly described by you. But I am concerned because of absence of bank approval. Is it worth taking risk with all our hard earned salaries ! I donot know really why it is taking so long for them to get bank approval. They have advertised for this project on 2nd November, now it is end December.

Imtiyaz Ahmed, Apartment Resident, Mumbai

27th December 2012

Kohinoor Max Citi is a good project.. Kohinoor Group is well-known for its Kohinoor City. The project came up in various phases I hope. Another project is Royal Residency Group.. Few more projects are upcoming..

Lokesh Patwa,

26th December 2012

Comment

Thanks. I think you are referring to Kohinoor City of Kurla which is another Kohinoor Group belonging to Shri Manohar Joshi.This Kohinoor Group I am talking about is different and has no association or relationship with Kohinoor Group of Manohar Joshi.

Imtiyaz Ahmed, Apartment Resident, Mumbai

27th December 2012

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