Delay in possession

Q: Which are the projects that are getting delayed and in which cities?

Armaan Saxena, Bangalore

20th May 2013

Real estate News in Bangalore

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In Pune, Paranjape Schemes’ Yuthika and Alcon Builders’ Alcon Silverleaf. In Chennai, Landmark Constructions Orlando and Prince Foundations’ Prince Courtyard are the two projects which are going to face significant delay

Afzal Khan, Bangalore

22nd May 2013

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In Bangalore, Dreamz Infrastructure’s Dreamz Sampoorna and the Paras Group’s Paras Manyata is going to see a delay in possession. In Mumbai, projects that have been significantly delayed (average of 12-24 months) include those of Arihant Associates (Anand Towers) and Gurumauli Developers (SreeOmkar).

Hanif Laskar, Bangalore

22nd May 2013

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SVP’s Gulmohar Garden in Raj Nagar Extension (Ghaziabad) has been delayed by more than two years. SVP replied that a builder can develop only internal infrastructure and basic amenities but other requirements like road connectivity, water supply, sewage lines, electricity, wide roads which are not under builders control.

Bijoy Singh, Bangalore

21st May 2013

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DLF Express Greens, launched in 2009, is also delayed by a year, according to buyers who had booked flats in these projects. But DLF claimed that the work at their project site is going on in full swing and possession would be given by this October.

Shiva Reddy, Bangalore

21st May 2013

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Unihomes, an affordable housing project by Unitech in Noida, was supposed to be delivered in 2011-2012, possession is yet to be given. The construction work at Unihomes project in Noida were progressing well till affected by the farmers’ demonstrations, dhrnas and agitations. They will start their work in full swing once those issues get resolved.

Swati Pachasia, Bangalore

21st May 2013

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