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Home > Forum > Mumbai > Jogeshwari West > Investment Advice > Fountain Square Oshiwara - Project Status

Fountain Square Oshiwara - Project Status

Q: Hello. Can you please share the more information about the project. Is the construction already started and are there 2BHK apartments for sale.

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Replies (5)
1
Friends I too have purchased a flat and still dont know about whats happening with case . Can anyone please guide?
Rushabh Zaveri


2
It is also came to hear that the builders have submitted fresh plans to the civic authorities after the show-cause notice, but it could not be confirmed. But as per the MMRDA official they have issued a show-cause notice, and the matter will be looked into.
Praveen Modi


3
This project was launched in the year 2010 but those who have invested their hard earned money are still waiting for starting of the construction work. I am not saying that the project is good or the locality is not good for investment but one should very careful before investing anywhere. Check out all the legal approvals, connectivity, infrastructural development in that locality, water and electricity connection, civic facilities etc.
Abhishke Karule


4
Apart from that the commencement certificate for the project, dated 27 August 2009, says, "MMRDA has approved the proposal up to plinth level only in respect to the proposed building with total permissible built up area of 10427 sq-metres on plot bearing CTS no 1C/3A (pt), S.No.41/1A(pt) of village Oshiwara allotted to Sonata Realty Pvt Ltd." Area free of FSI components is 35335 sq-mts. Entry against total permissible basement area is "NA".
Praveen Modi


5
IONIC Fountain Square is one of the popular residential developments in Jogeshwari West, neighborhood of Mumbai by IONIC Realty Limited. It offers 1/2/3 BHK residential apartment in various sizes. A mega residential-cum-commercial luxury project on Relief Road, Oshiwara, Jogeshwari (W) is stuck after being served a show-cause notice by the Mumbai Metropolitan Region Development Authority (MMRDA) for constructing two unauthorised basements.
Abhishke Karule


6

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