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Ruparel Reality west park (code name)

Q: Hi Sir,
I am looking for property in Kandivali. There is a project of Ruparel Reality west park (code name). They are offering 2 BHK under 1 cr and provide possession end of Dec 2018. This is a SRA project and they don’t have IOD till now.
I am end user and this will be our first property.
Is this good to book the flat basis of builder commitment?
What is the reputation of the Ruparel in market ?
Replies (5)
1
Not delivering any projects onl
y launching new projects
Piyush Shah


2
It is a confirmed news that IOD has been received for West Park project.
Chriag


3
Thanks Niyati and Ketalpujara. It indicates me not to book this project now.
Thanks alot.
Taru


Yes, you should stay away from such project otherwise you have to face a lot of difficulties instead of comfort. A builder commit a lot's of fake promises before agreement but once you have finished the agreement process. They will never try to know whether you are living in a rented flat and paying a huge amount for your home loan.
Ravi Waghmare,  Mumbai
15th February 2016


4
Hi Nitin,
A buyers can't escape this aspect while buying a home, especially since the real estate sector is going through a rough patch. When you are buying a flat from a developer, you have to consider two aspects. One, the title. That is, you have to ascertain whether he is actually the owner. Secondly, you need to find out if the construction is legal and authorized.
Niyati Juthali


5
Hi Nitin,
Don't by any such property which has no approval. IOD is an important document to start the construction work. If you are buying such properties you have to wait for long year to get possession of you home. Thanks....
Ketalpujara


Hi Nitin,
Ketal is absolutely right. IOD is a set of instructions that a developer needs to comply with so that he can legally construct the project. It is valid for one year and needs to be reissued if the project has not been completed in a year's time
pradyumanapte,  Mumbai
4th February 2016


6

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