Q:Esperanza residents: can you please share feedback on the quality of construction? How was your buying experience with the builder? I am looking to buy a property there and will appreciate your feedback.Thanks
Latest Answer: I am owner in UKN Phase 1. While the property is decent overall, this is to make people aware of issues:
Builder still has the sinking fund - in spite of following up for 4 years. News is that UKN have capital problems - hence there is definitely a risk to Phase 2/ other constructions getting over on time.
Maintenance for Phase 1 around 3 rs / sq feet - average in the area is around 2 - this is expensive and this is currently in builders control. No response to reduction. Residents are quite upset and have formed an alternate association since builder has not supported in forming an association - things are likely to get messy. Noise levels for Phase 2 construction - builder had agreed to restrict till 6 pm - but alas....No water - all borewells dry. VAT/ Service Tax - money taken initially, but no receipts produced to date - no response either. Promises of additional amenities for Phase 2 - no idea as yet.
Net net - this is likely to get to be a messy affair pretty soon.
