May I get some information about construction linked payment plan of AVJ Info city?

Q: Hi , I am planning to invest in this project. I want to know about the bank approval & possession of this project.

Sai Kumar, Greater Noida

30th April 2015

Residential Project Review in AVJ Info City, Noida Extension, Greater Noida

investment advice

project review

builder review

bank approval

possession date

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gnida

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Replies (4)

AVJ group is just a cheater.
Please do all the checks before booking a flat.

in 2014 AVJ group launched AVJ Info City, they had not taken all clearances and project got cancelled.
I had booked a 1 bhk in that project and 4.5 lakh and have not got the refund yet.

any one can check my booking form scanned copy here
https://plus.google.com/photos/115812586018726758174/albums/6199445841909870545/6199445847220385122

I have called them many times and visited their offices but not got the refund.
They have the money to give advertisements in newspaper but not to pay me. Their advertie ment http://epaper.navbharattimes.com/paper/2-13@13-27@09@2015-1001.html

Kamlesh Yadav,

28th September 2015

Comment

Hi Guys,

In my point of view, this project is very much suitable for investment. Being located in a posh locality , surrounded by commercial hub, shopping malls & It hub, rental appreciation is very much high for both 1BHK & 2BHK. Currently rent of 1BHK apartment is around 7000/per-month & 2BHK rent is around 10,000/per-month. This project is very close to EcoTech -3 & EcoTech -12 .

Amelia.J, Greater Noida

30th April 2015

Comment

Hi Sai,

According to me, construction link payment plan of this project is like:-
At the time of booking- 10% of BSP,
Within 45 days of booking- 10% BSP,
At the time of excavation- 10% BSP,
At the time of raft- 10% BSP,,
At the time of ground floor slab casting- 10% BSP,,
At the time of 3rd floor slab casting- 10% BSP,,
At the time of 9thfloor slab casting- 10% BSP,
At the time of 12th floor slab casting- 12% BSP,
At the time of External Plaster- 5% of BSP,
At the time of possession- 5% of BSP+All other charges,

Selina Jaitley, Greater Noida

30th April 2015

Comment

Hi Sai Kumar,

AVJ Info City developed by AVJ Group is situated in Greater Noida West. AVJ Info City is a popular residential project. AVJ Info City Greater Noida West offers 1 BHK & 2 BHK apartments, area ranging from 300 sq-ft to 1100 sq-ft, with all perspectives highlights and ultra cutting edge enhancements. AVJ Info City is one of the mainstream residential developments in Greater Noida West neighborhood of Greater Noida.

Sujan Mitra,

30th April 2015

Comment

Hi Mr Sai,
As per my knowledge, AVJ Info City is a residential cum commercial project located in Noida Extension , surrounded by commercial hubs. Builder quoted price is around 3200/sq-ft. Expected possession of this project is around 2018 January. Banks like HDFC Bank, ICICI Bank, LIC HFL, Punjab National Bank, Axis Bank, DHFL & Indiabulls. This project has been approved by GNIDA.

Gurmeet,

30th April 2015