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Real Estate Forum on Ats Kocoon

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Q: Possession Date: Aug’ 2012
ï‚— Payments :
1. Full Unit Price was Paid in Advance at the time of Booking,
2. All dues and Full Maintenance for next three years paid prior to possession.
ï‚— Possession Condition:
1. Unit was handed over by builder in unfinished condition with a verbal commitment & promise to finish the unfinished work soon including final painting. Till date nothing has been completed i.e. it's not in a liveable condition.
2. Also till date Car Parking has not been allocated, for which
payment was paid in full.
ï‚— Interest on delayed Construction:
1. Interest was adjusted in partial (till May’2012) with a promise to make final adjustment in few months, result, no response from the builder on balance interest refund.
Latest Answer: You can complain in the consumer forum.. Some action should be taken against these kind of developers. it is very much needed to teach them a lesson. They will give all colorful ads and when buyers show interest they will be dealing so softly with them, but once payment is made, they start showing of true colors.
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Q: I paid 25% advance for ATS Koccon in Jan'12 but have not heard back anything since then and it is more than a year now. Has the construction started? I heard that all the builders have been issued notices by Haryana Govt?
Latest Answer: Hey Amit, what kind of notice is issued to builders? Has the construction been stopped at ATS Koccon project?? Even their website shows very old pictures of construction..
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