Q:HDIL is demanding extra money in cash over and above the agreement amount for giving possession. What can be done in this regard. The builder has delayed the project over 5 years and we have suffered huge loss on account of interest etc.
Latest Answer: @Arun,
According to me, you should pay the extra money first and take your flat possession or if you want to wait for the court order you to wait for the verdict or else take possession of the property and fight for the delay in delivery of the possession of the property and ask for compensation.
Q:With ref. to under construction Residential project, The builder is demanding Rs. 10L with service charges 3.708% extra for parking ( for mechanized parking & there is no open parking) and is not willing to give any receipt for parking but will mention on receipt for extra internal work. What should I do in such a situation? Plz guide me.
Latest Answer: It is also notable that Carpet area of unit is less than 2000 sq-ft and amount charged is less than 1 crore. In that cases you have to pay Rs. 3.09% in all other cases it is 3.708%.
It is not the question whether you buy or not buy, but if parking sold by the builder by charging a price that is illegal and he is liable to make refund.
Q:After registration of my agreement of an under construction Residential project in 2013, can the builder now charge for flower beds, service area and dry balcony? Besides they are threatening of not giving possession if the amount is not paid, though I have already paid the amount of saleable area.
Latest Answer: As per new DC Regulation, any area near/inside an apartment, not included in the carpet & which can be enclosed inside, for e.g: flower bed area, dry area, passage etc has to be taken into consideration while submitting approval plans, and these areas would be included in FSI. A builder can buy maximum of 35% area(in case of residential development) as fungible FSI by paying the ready reckoner rate of the region. Do note that this is over and above the total FSI consideration.
any area inside the apartment, and adjoining it can be considered to be the carpet area of the apartment, this would not include the common area, but will include internal areas such balconies, dry area, etc & passage area to the apartment.
Latest Answer: HEY GUYS !! My name is Nikhil.. and we been exploring buying a place at EVERSHINE COSMIC.. been reading all your reviews (which seem like a few years back) scary stuff.. I'm glad i came by this page..
today being the 6th of April 2015.. id would like to know the update on this place.. are things settling down.. is there any progress.. movement in any constrictive direction .. ?? can one explore investing in this place ?
I'm available on 9821039490 and i would sincerely request a current resident of cosmic to get in touch with me and update me on the current standings !! a sincere request out for assistance !!