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Hello, I have booked a Flat in Shriram Smrith North Block around 2.5 years back and has been waiting for the North Block to come up.

Q: Recently they informed me either to take back the booking amount or continue with Shriram Smrithi by paying current booking price. How can they increase the price when we already booked the Flat in prelaunch offer and has been waiting for the construction to start?Did anyone faced the same problem?If yes could you please let know how did you resolve this issue?
Replies (6)
1
Dear All,
I saw the new development Sarjapur-Attibele Road Azim Premjee University is confirmed, you can go through the below link also:
http://www.punemirror.in/article/56/2013080320130803095914637ab800833/Heights-of-learning.html

Because 3 of my friends who booked there who gave the details.
Deb


2
builder has provided two options.
1. to take back the money with bank interest
2. pay the appreciation and continue
i have taken the second option.
Srinivas


Sale deed was completed at that time ? ie within 45 days after booking ?
Rajmohan, Apartment Resident, Bangalore
25th April 2013


what's the current rate they are asking for North block ?
Nitin Kumar, Apartment Resident 
3rd July 2013


3
Hello Mr. Srinivas Rao.. what has happened to the issue now? I hope you have found some solution to this by now.. Would you like to share any recent updates? Whether buyers agreed to pay high or was the builder convinced?
Sree Potamal


4
Right now the only source of water is from bore wells. Sarjapur in general is reeling under a water shortage. There are lakes in the vicinity of the project but they are dried up.
Niketan Verma


5
I heard that there is water shortage in Sarjapur area. Is that true?
Anusha


6
I do not think they can increase the price of the flats when you have already booked the flat in pre- launch offer. Before dealing with them I would suggest you to take help from your legal expert.
Bhaskaran


7

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