Q: Hi,I am quite interested in buying a flat in imperial heights,dahisar.. I want to know like..would it be a good and safe deal? Also,i learnt that it was launched in Jan 2013 and when i visited the site couple of days back,it reached upto 2nd slab only!B-wing)..i feel it should have been around completion by now. I m confused as they committed the possession by Dec'2016 and now they say Dec'2017. I think the construction was aborted and then again they resumed sometime back..Please advice.
Hi everybody, Has anyone invested in this project? What rate builder is charging currently? I am not sure if work is already started. Would appreciate if anyone has latest updates on this project?
Hi Abhi, I have discussed with their sales executive and found that project has 3-wings with 21 floors. It is located near to check naka. It was launched in March-2013. And, the current price quoted by the developer is Rs. 8800/sq-ft. location and project looks attractive. They are claiming possession in Dec-2016.
You are right Rajat. Word of mouth: This is one of the easiest way to find out details about the reputation of a builder. If this builder has recently done some work for your colleagues, family friends etc. then they will surely be in a position to share their experiences with you. This is absolutely impartial information that no broker can give you.
@Bikram, Secondly, check whether your builder is associated with any Builders associations or not. If yes, then there are many such organizations or associations such as Builders Association of India (BAI), CREDAI etc. which provides an ethical code of conduct which is mandatory to follow for all the member builders and developers. It determines certain rules that need to be followed by all builders or members and any one who defaults or violates the rules are listed in list of blacklisted companies. You must go for it before buying property.
Apart from the above mentioned points, you should verify all the approvals such as bank approval, fire dept. NOC, IOD, Commencement Certificate, height approval (if it is a high rise), tax receipt from local body etc. Verify all the legal approvals by a legal expert.
Ask the neighbor about locality, see the basic amenities such as banks, schools, colleges, hospitals, markets, malls and ATMs from the site, connectivity and transport etc.
Hi, Regarding the builder I can say that they are in this business for long in the past. So they are trustworthy. But remember my friend, you are going to invest huge hard earned money so it all depends on you. A buyer needs to keep in mind certain things before buying property, so as to ensure that they are striking the right deal.
Certain points which you have to find while going for deal 1) Background check of the builders, 2) Past performance, 3) Quality certificate, and 4) Financial stability.