What is the possession date for this project?

Q: 1 bhk homes at Balewadi

Ajinkya Sachev, Pune

17th August 2017

Buying property in Paranjape Athashri Balewadi, Balewadi, Pune

project review

possession date

paranjape athashri balewadi balewadi

paranjape schemes construction limited

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HI Ajinkya,
As Paranjape Athashri Balewadi is a under construction project, it cones under MAHA RERA. As per Maha RERA if builder has not register this project under RERA then they have to pay a huge amount as a penalty. At the same time if the did not deliver the project as per the agreement, then builder has to pay interest from the date of possession at the rate of 10 percent. So, you do not need to worry about your flat possession. As now its builders responsibility to deliver you on time.

ujwal nikam, Pune

28th August 2017

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Hi Ajinkya,
Paranjape Athashri Balewadi is a under construction project and several property portals have different possession date. Some saying March 2019, some June 2020 while some July 2021. When is the possession date mentioned as per the agreement?

Apurva Nagpal, Pune

28th August 2017

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