Hi varun, if you have any news if now the yashashree tower got all the approval in place and possession can be expected by Dec 2015 since it is been posted on the comon floor space website. ad as the year so passed to have now the some concrete news of work progress ??
How will a builder/developer get approval if whole the approval official are corrupted. You can not blame a builder every time. If he is not getting the approval then how can they start the work. May be your builder is facing the same problem as Suraj Parmar has to face. Nobody want to lose their reputation.
You might have heard Suraj Parmar's death, a prominent builder in Thane who ended his life due to the repeated demands for bribes by the several government departments. This case is very clear that there was no financial issue in this case. There is an issue in the way the system works.
The whole approval process has become indescribable lengthy, tedious, unpredictable and depends on the whims of individual officers. Getting approvals has become a major problem for builders and has increased the interest cost not just of the builders but also of consumers.
Because of that Maharashtra Govt. has to take few necessary steps against the approval process. You might aware of that.
Hi Vanchita, even I was interested in this project and as I inquired about the project, I heard from somewhere that they don't have proper approvals. This might be one of the reasons for the stoppage of work. Do you know any reason? Please keep us posted.