Does this project has all approvals?

Q: Does this project has all approvals? Builder is not able to provide matching blue print for the apartments in tower 8 and hence SBI is not disbursing the loan amounts. Builder is still charging 18% interest and forcing customers to go with PNB. Legally can the building be constructed without matching approval?

Abhilash Jain, Apartment Resident, Pune

3rd May 2013

Residential Project Review in Lodha Belmondo, Mumbai-Pune Expressway, Pune

approvals from govt

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Replies (4)

Customers are not getting Loan as Builder dont have all the clear document. How can they charge 18% interest & when they are delaying from their end no penalties for them.

Note: I request all the customers to come together, then only something can be done.

Raj, Pune

6th September 2016

Comment

I agree with Raj.
Let us make a group in what's app or google and get all buyers on that .
Original handover date was June 15 .
With 12 months grace as per contract they should have delivered in 2016 but no sign and when payment is delayed by a day they charge 18% interest p.a.
My email is
alwanij@gmail.com
Please send me e mails with your cell nr to start the process.

J.Alwani,

9th September 2016

I want to buy 1bhk. Please suggest that i go for this project or not. Builder is having all the clear documents or not? Please mail me on Abhaya.aps@gmail.com

Abhaya, Apartment Resident

13th February 2017

@Wasim: I sent them e-mails and I have replies to that. They sent 2 blue prints which didn't match and the bank ones also don't match. So SBI is not processing loan. Can I do anything legally if builder is not able to give matching blue print? Will I have any issues without that? Is building legal without that?
@Suman: SBI and PNB both approved it. But SBI is not disbursing for my tower due to mismatch in blue print, however PNB is doing. I have started process with PNB anyway. But its all headache for me when its builder mistake.

Abhilash Jain, Apartment Resident, Pune

4th May 2013

Comment

You should check with a lawyer as this may create trouble for to get occupancy certificate from the government.

gutch.aadi, Apartment Resident

6th May 2013

Some banks must have approved the projects. you can consider getting the loan from those banks . builder is charging as per you have aggred by signing the sales agreement with you

Vatsa Suman, Pune

4th May 2013

Comment

yes builders they do that and than the major problem comes when the owners fails to get the occupancy certificate. i would advice you to write an written nocite to your builder and demand for the blue print.

Wasim Mohammad, Pune

3rd May 2013

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