Acme Oasis apartment project in Kandivali East

yes, there was delay due to approvals but recently i made visit to the site and following are the updates: oasis has completed 15th slab of tower1 and a 19th slab of tower2 and is progressing well since last few months. do let me know if any additional information required

Hi Sanjay,
I have paid almost half of the amount at the time of booking in year 2010 and there is no way i can afford to back-out. Even if I back-out, the reimbursement is not quick and it would also depend on the builder. Also, there are many approvals which do not have any definite timeline. Now, we have to face the high rate of service tax and surcharge.

You are right Lalit. This all are the unecessary costs which investors have to undertake due to builders mistake. I heard that the builder is facing liquidity crunch and also may not get further CC approvals still they are offering i20 car on bookings. I personally feel that they have utilized the investors money of this project to launch other projects. Still hoping to get the construction in full swimg as soon as possible.

Hi Lalit,
I purchased a property in 2010. at 2011 there was a new government law for high rise towers in that area because of which around 30-40 projects were stuck for 2-3 years. Oasis was one of them.

This was a very genuine situation for any builder as govt laws keep on changing. Most of the builders were not able to handle this situation & left their projects but Acme managed to survive because of their rich legacy of 40years.

The construction has started couple of years back & now Acme is giving us guaranteed possession by 2017 in writing. There are very few builders who take this bold step.

Acme is a trusted developer, you know you'll get your property. Your investment is safe.