I am thinking of investing on this project.

Q: HI, I need advice and information regarding this project. What I should check before investing ?

Daniel, Noida

22nd September 2014

Residential Project Review in Baani Center Point, Sector-80, Gurgaon

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Replies (3)

HI everyone,
I am plaining to invest in ELen Marcado assured monthly returns. can anyone please tell me it is safe to invest in this project. Is anyone getting monthly returns or the cheque is bounce.
Please advise

afroz, Goa

8th November 2015

Comment

Hi Guys,
Thank you all for providing these information. Kindly tell me how should I verify project approval documents? Kindly share some information.

Daniel, Noida

22nd September 2014

Comment

Hi Mr Daniel,
As per my knowledge, you can check for a duly stamped registry & Ensure no dues are accorded to the builder. Then check for seller’s name in municipal records, confirm seller’s membership in the society (if formed) & ensure there are no pending bills, charges or taxes. Then make sure that the property is mortgage free & Sanctioned Building Plan (to ensure no unauthorized construction) & Previous title documents (that chain of title is complete).

Neel Sharma, Gurgaon

22nd September 2014

Hi,
In my point of view,you can confirm approved plans, other approvals such as environmental clearances,airport authority approvals are important and NOC from utility companies. Title Search must be carried out at the Sub Registrar’s office to verify title and ascertain encumbrances, if any.

Hitesh, Gurgaon

23rd September 2014

Hi Daniel,

Baani center point is the latest new commercial project in gurgoan from the stables of Baani Group. Located strategically on National Highway 8. Baani center point is spread over 3 acres of prime land & in the close vicinity of many premium residential projects. Baani Center Point offers High street retail shops on ground & first floor, food court and fine terrace dinning on second floor, state of the art business center on the third floor & luxurious fully furnished serviced apartments managed by Hilton.

Arvind, Gurgaon

22nd September 2014

Comment

Hi,
In my point of view, Baani Center point boasts of Spanish Resort Style Architecture, Large storefronts for retail units, Arcade along all store fronts, Road facing premium shops, Nicely landscaped central plaza with paving and decorative features, Ample surface and basement parking, Dedicated drop off zones and entrance for retail.

Meenakshi, Gurgaon

22nd September 2014

Hi All,
This project offers 1 BHK & studio apartment ,area ranging from 672 sq-ft to 725 sq-ft. Builder quoted price is 8500/sq-ft. Expected possession is Jun 2017. From 6th floor to 12th floor will be residential apartment . This project is good for leasing & end use.

Johnathan, Gurgaon

22nd September 2014

@daniel,
This is a HUDA approved project ,having world class amenities such as Club House, Swimming Pool,Gym, Intercom,Firefighting Equipment, Rain Water Harvesting, ATM,Lift,Car Parking,Vastu Compliant. Spanish Resort Style Architecture with nicely landscaped central plaza with paving and decorative features. It has Ample surface and basement parking.

Ishika, Gurgaon

22nd September 2014

Hi daniel,
In my point of view, Baani is rapidly evolving to become a provider of premier lifestyles and modern working spaces. This growth has been in tandem with Gurgaon’s rapid growth story. Baani has been shaping landscapes over the last 10 years in real estate and become a strong regional player in the NCR region .

Seekha, Gurgaon

22nd September 2014

Hi,
As per my knowledge, a 2000 Crs. Baani Group stands as a reputed player among st regional developers, with 15 projects covering over 2.5 million sq ft, already completed, and 1 million sq ft currently under development. These include commercial spaces, high street shopping and hospitality developments.

Jashan, Gurgaon

22nd September 2014

Hi,

In my point of view, you should confirm the approved plans from the appropriate authority are in place. Check that all other permissions from various authorities are in place. E.g. Utility Companies, Environment clearance, Airport Authority, etc. Confirm that the Land title is clear and there is no disputes/litigation (Title Certificate). Confirm Builder has the Intimation of Disapproval (IOD) and commencement Certificate (CC) to start construction.

Vrinda, Gurgaon

22nd September 2014

Hi Mr Daniel,
As per my knowledge,you should have the agreement evaluated by an Advocate. Check possession date promised and provide for penalty if Builder does not deliver as agreed. Check and negotiate the payment schedule. Do not book in Pre-launch without executing and registering the agreement.

Krishna, Gurgaon

22nd September 2014