Real Estate Forum in Airoli | Airoli Real Estate Questions & Answers

Cancellation of Allotment without executing Agreement for Sale

Q: The original buyer Mr.ABC booked flat by paying booking amount 12,30,000/-(cash + cheque) and 22,20,000/- in cash in between 2011 and 2013 and got allotment letter. The total agreement value mentioned in the allotment letter is 48,75,000/-. In 2013, because of financial difficulties decided to sell the flat.He offered me to purchase it.We have executed a MOU on 100/- stamp paper in presence of 2 witnesses. I paid all the amount which Mr.ABC has paid to builder (34,55,000/-). The builder issued NOC to original buyer Mr.ABC and transferred the flat in my Name in 2013 after receiving additional 12,30,000/- in cheque mode from my account..But Agreement for sale was not executed between original buyer Mr.ABC and the builder. Nor did the builder was ready to execute agreement with me. I kept on writing emails and letters, but builder was not ready.
Now the builder received Commencement certificate on 26 April 2019.He sent me notices to pay additional 13 lakhs (which he says is as per the RERA Payment schedule) and complete the agreement and Registration process but not for the allotted flat but for some other flat for which he was asking me to pay 4 lakhs extra as floor rise. As per him the allotted flat due to technical reasons does not exist and he by his choice selected a flat on some other floor.I was adamant for any change in the flat. i also paid the stamp duty of 4,65,000/- as per the market value of flat.Now again the builder has sent me notice that since i did not comply with the rules and did not pay 13 lakhs he has cancelled my allotment. Also he has said that he has refunded the booking amount of 12,30,000/- to the original buyer Mr.ABC in cheque mode in 2013 itself, keeping me in dark till date. Builder is not ready to speak anything about the rest cash amount which he has received in cash from original buyer Mr.ABC. As per builder whatever he has received from original buyer Mr.ABC he has refunded back. Further he will refund only the amount paid by me through cheque (12,30,000/-) that to after deducting 10%. The original buyer Mr.ABC has taken money both from me and also from the builder thus reducing my part payment consideration.Even after paying 46,80,000/- as well as the stamp duty of 4,65,000/- builder has cancelled my allotment. The original buyer Mr.ABC has not yet handed over the payment receipts of the amount he has paid to the builder inspite of several requests. Shall i approach RERA or file a consumer case against builder. Also a civil and criminal case against The original buyer Mr.ABC.

SANTOSH SANDHU

20th August 2019

Other in Airoli, Navi Mumbai

unfair trade practice

complaint against builder

Latest Answer: A buyer who is the victim of the unfair practices of the builder can approach the following forums for his redressal He can file a civil suit in a Civil Court. He can file a complaint before the consumer Forum. He can file a complaint before the Competition Commission of India. He can approach Regulatory Forums. He can file a Criminal Case.

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Akshar Green World Airoli Possession Date

Q: Hi - Does anyone know the expetected possession date for Akshar Green World, Airoli? The Builder has already taken 88% of the due amount, and has recently sent the letter for another 4% against club house completion (even though the clubhouse is still under construction).

ankur

14th November 2017

Residential Project Review in Akshar Green World, Airoli, Navi Mumbai

akshar

green world

possession date

Latest Answer: did they got OC its 2019 ..till when you going to hold owners like this? is there any end to this,I lost my father last year 7 will never be able to see my home now this is ridiculous.

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Current rate of 2BHK flat

Q: I am looking for 2BHK flat. I want to know current rate of 2BHK flat in Green World, Airoli.
Is the area of 2BHK flat - 1245 sq ft?

Rahul

17th December 2016

Buying property in Akshar Green World, Airoli, Navi Mumbai

akshar green world

flats for sale in airoli

akshar developers

real estate in navi mumbai

apartments for sale in airoli

2bhk for sale in airoli

Latest Answer: also include parking, club, ecs, service tax, floor rise. I thinks we are talking about 1.45cr here

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Akshar Green World

Q: What is the latest update?
by what month / year /date will the structure be ready? when can we get the position?

umesh

8th November 2016

Investment Advice in Akshar Green World, Airoli, Navi Mumbai

project review

akshar green world

flats for sale in airoli

akshar developers

real estate in navi mumbai

buying properties in airoli

apartments for sale in airoli

resale flats for sale in airoli

Latest Answer: Builder has already taken 88% of the total due. Of remaining 12% 4% is due on possession. I expect this to be completed by end 2017. If not, then it would be very hard to continue paying rent as well as near full emi.

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hi, what will be the stamp duty registration & other tax if any on resale flat in new mumbai?

Deepak Pandey

7th August 2016

Buying property in Airoli, Navi Mumbai

stamp duty

registration charges

property tax in navi mumbai

Latest Answer: In Maharashtra Stamp Duty is 5% (Municipal Corporation areas), 4% (Municipal Council and MMRDA areas) and 3% (rural and other areas) – 1% Surcharge for all Properties except those located in Mumbai and Mumbai Suburban District. And Registration fees is 1% of Guideline/Market Value subject to a maximum limit of Rs.30000.

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NEWA GARDEN

Q: Hi Friends,

Maximum resident has occupied the flats since last 3 yrs but builder has not given OC or Possession Letter. The builder says he has applied for OC but due to environment department there is delay.

What should be done in this case to protect flats by different owners. nor society is formed till because Registrar says they will not allow any society to be form which do not have OC

Amarjeet

30th May 2016

Builder Review in Newa Garden, Airoli, Navi Mumbai

occupancy certificate

oc

newa garden

why oc is an important document?

newa developers

Latest Answer: And i hope Amarjeet, you will take it seriously and ask for the Occupancy Certificate from your builder. Having an OC work for another important purpose. This is a mandatory document which needed if you are applying for a home loan, while buying either a new flat or a flat on resale.

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why there is no OC yet for signia oceans airoli

, Apartment Resident

23rd August 2014

Other in Airoli, Navi Mumbai

Latest Answer: Hi, You can join the Commonfloor Group, of Signia Oceans, Airoli by clicking on this link http://www.commonfloor.com/sunteck-signia-oceans-navi%20mumbai/povp-zazm0u and http://groups.commonfloor.com/ to get in touch with other owners who have already booked a flat in this project and discuss about the same. Commonfloor.com's apartment management software is absolutely free of coast, Anti spam and provides complete data security and privacy (http://www.commonfloor.com/apartment-communities/pricing). To find the benefits of joining the software please find this link (http://www.commonfloor.com/apartment-communities/benefits-owners) Already 1 lakh apartment society are using Commonfloor Groups to bridge the gap of communication among the owners and MC (Management Committee) (http://businesswireindia.com/news/news-details/commonfloorcom-launches-commonfloor-groups/38909)

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Can i receive a call on infiormation about Bhoomi Colossa?

l j

28th April 2014

Buying property in Gajra Bhoomi Colossa, Airoli, Navi Mumbai

Latest Answer: Hi everybody, This is my first investment in Mumbai. Can anybody guide me how is the locality of the Airoli?

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evaluating buying a 2.5 BHK at Newa Garden. I understand there is problem with OC becasue of some SEZ announcement. Advi

Q: Bank is providing loan on Newa Gardens but is BMC providing water to the building. also any update on the OC problem in Newa Garden would be really helpful

Nitin , Apartment Resident

29th September 2013

Residential Project Review in Newa Garden, Airoli, Navi Mumbai

oc problem

Latest Answer: Builder is cheater . Please don;t invest in Newa garden

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