Q: How good is the A and A shetler builders who have Kripasagar and Safalya project listed here who have not started these projects for last so many years
Is there any update on the status of Kripasagar CHS with A & A Shelters Pvt Ltd. They are prolonging months after months and not imposing any confidence when they will be able to fulfill.
I have invested in the project nearly two years back and doesn't see any progress until.
Hi Abhishke, The capital values in Andheri West have increased by 7% in last one year, 20% in last two years and 35% in last three years. In it eastern side, the trend has been 3% in last one year, 15% in last two years and 24% in last three years. At present, the average capital values in Andheri West range from Rs 18500 to Rs 23800/sq-ft while in Andheri East it vary from Rs 13900 to Rs 17700/sq-ft.
Hello Sir, I am planning to invest in Mumbai. Which will be the best locality Andheri east or West? And also interested to know the property appreciation trend.
@Santosh. Its now 3 years since we have booked in the prelaunch scheme of Krupasagar. Last month the builder had called a meeting and was willing to give us the money back in installments saying that the project might be further delayed, Now i see that the Mhada rule is also removed but what about the other precautions he needs to take ........
Hi Bikram, But i have the information about the builder that in the year 2009 the State Consumer Disputes Redressal Commission had ordered the builder to hand over a flat and pay compensation of Rs 60,000 to a buyer who paid 20% of the price but never got possession.
Now, the company has 3 ongoing projects in and around Mumbai and all its projects are in delay. So my advise to you that consult a good legal adviser and ask for the compensation because there is a provision for compensation if the project is in delay.
Hi, Yes, These projects get delay due to some legal matter but now the construction work is going on. I have a word with their sales head and found that the date of possession will be December'2015.
Yes, You are absolutely right. The State Consumer Disputes Redressal Commission taking the builder, M/S A & A Shelters Pvt Ltd, to task for not appearing before it, the commission said it seemed that the developer did not care for the law of the land.