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Current status and expected completion dates? Are all the legal titles clear? Any loan approvals already in place?

Q: I researched about the builder but not much info is available. I am looking for a property in that area but with clear legal titles so as to avail home loan facility.
Replies (11)
1
As per 25th Nov news from Maharastra times that Kohinoor maxciti & Kohinoor Castles has sealed due to Builder fraud case on dated 18th Nov 2014. Be care full about Kohinoor Infra project
rajan


2
All I have to say is, A person who is true need not post anonymously. Our sample flat and quality certificates prove our quality. God bless your state of mind.
Amit


3
(contd.) he hardly cares about customer satisfaction. People staying in their buildings are not at all satisfied! You can safely assume a ZERO satisfaction level if you intend to go ahead with this one and be rest assured you would be looted in a step by step manner.
Anonymous


4
(contd.) tap tiles of flooring or washrooms they are hollow), no proper drinking water facility, shape of rooms being a parellelogram instead of proper rectangle or box, no security guard cabin for which I think now the members will have to build by shelling extra money, after 3months all the bathroom fittings & taps have started getting rusted completely and many more problems which are yet to pop out to give shocks of our life in future. At last I would say they are never on what they actually commit! What they promise and deliver has a day and night difference. In my opinion, one should not invest his/her money in such "good for no-one" ventures. In previous post Amit mentioned that builder having experience of 20 years; they have just started in real estate sector and haven't build many structures that's why Amit has not provided list of structures in this blog; also evident in the kind of structures they have erected. Builder himself seems to be so unprofessional that he hardly
Anonymous


5
Unfortunately, I am an existing customer of Kohinoor Group (Hotchandani's) and have invested my hard earned money in one of flats; its a newly constructed apartment named Royal XXXXXXXXXX. After getting the possession of my flat, the builder turned a deaf ear towards the woes of the purchaser. Builder often used to demand money and impose penalty on purchaser (if he/she paid late) but on the contrary he has not delivered the quality for which they advertise often or what the things they actually promised to provide (as mentioned in advertisement pamphlet). The building built was not properly supervised as much of the work was delegated to inexperienced labour/contractors because of which the members of building are facing un-ending problems. Lot of cost cutting has been done just to save money from the units produced, as the builder is very ruthless. There exists problems like leakage in flats(in newly constructed structures like mine), improper plumbing system, hollow tiles (when you
Anonymous


6
Mr. Kejriwal, I would appreciate if you could share more details from your friend.
styleathon india


7
All above, thank you for the replies. I am specifically looking for this project due to its location, mid of Ambernath and Badlapur. However, I checked with a few major banks, but project is not listed with them. I would look forward to a loan with ICICI Bank, so if anybody could through light on approval from ICICI for this project.

Also there is query on OC due to high tension wires in that locality, but many projects are coming up. Please advise.
styleathon india


8
Hello. 20%-30% % of work for almost all the buildings have been completed. Possession is june, 2015 while the expected possession is end of 2014. Approvals (APFs) from all major banks/financial institutions have been arrived. The present rate is 3090 per sq. ft. For further inquiry you could contact 9619832999/8433232393.
Amit


9
There are many other project in the vicinity which you can look for with already giving possession and approved titles.. You can go through Apartments in Ambarnath, Thane and search for the properties as per your budget and requirement..
Praveen Modi


10
The builder is planning to build a township project of 400 apartments in 11 buildings of stilt + 7 storeys, spread over 5 acres in Ambernath. Major banks are giving loans..
Sunil Kulkarni


11
Hi.. I have heard that they are giving possession from Jun 01 2015.. However, you can consult with the other buyers about the same.. As per legal titles, it is not at clear whether have been approved.. One of my friends had booked a 1 BHK at this project in Rs 18 lakhs exclusive of registration charges..
Shrikant Kejriwal


12

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