Fraud builder and his associates

Q: I was planning to book an apartment at Prajapati Phase 3 and happen to meet Mr Balaji who insisted us to register the apartment on full value i.e. inclusive of car parking and other amneties. This is strange as I have 2 apartments in India and have never been asked to register my electricity meter and water meter costs paid to builder as part of registration. Mr Balaji is playing a crook and needs to pay for this indecent behaviour.

Kedar m, Apartment Resident

27th June 2015

Investment Advice in Prajapati Elite, Miyapur, Hyderabad

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Is Prajapati Elite by Prajapati Constructions in Miyapur, Hyderabad worth investment?

Tarakaram, Hyderabad

14th July 2015

Comment

Hi, as per my knowledge, Prajapati Elite is an ongoing residential development from the well renowned developers of Prajapati Constructions, located in Miyapur, Hyderabad. Prajapati Elite is a 3 phase fully residential private gated community offering exclusively designed 1BHK, 2BHK and 3BHK luxury apartment flats. Prajapati Phase 1 is completed, while Phase 2 and 3 are ongoing under construction.Project is approved by HUDA.

Kodanda Reddy, Hyderabad

14th July 2015

Hi, I think the localities has good potential for upscale in next 2 to 3 yrs . The micro market of Miyapur has products priced in the range of INR 2,500 psf-INR 4,000 psf, depending on the location, builder and specification. A builder has forayed the market with the concept of flexi-villas priced in the range of INR 3500 psf-INR 4500 psf.

Abdul, Hyderabad

14th July 2015

Hi Kedar, I can understand your concern. I would like to suggest you to have a thorough discussion with your builder and ask for the forward plan. Also, you can consult a reputed lawyer to know about the legal aspects of the order and what is mentioned in your property agreement.
Thanks.

Bharath Konda, Hyderabad

3rd July 2015

Comment

Dear Bharath, Yes agree but its just a general grievance with most of the people getting into smaller building projects should be careful of dominance and power play...thank you for getting back with the suggestion highly appreciated

Kedar m, Apartment Resident

4th July 2015

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