Q:Hi All,I wish to buy an apartment in a society in Navi Mumbai. The plot the apartment complex has been constructed on is a tender plot belonging to a firm. The firm had a development agreement with a builder to construct the complex. In lieu the builder gave 25% apartments in the constructed complex to the firm i.e. land owner. Society got form 10+ yrs back.Until now the firm had not sold any apartment in the complex. I wish to buy an apartment form the firm. The firm has no maintenance dues with the society.However the society is not giving NOC for sale for the said apartment to the firm citing that society can issue NOC for sale to the firm only once the conveyance is done in the name of the society.I need your opinion on how to approach this situation
Q:1. though being reputed builder what will be the expected delivery of whole 3 phase project ( phase wise )2. Is the project livable (not just an investment)3. expected actual maintenance cost after society handover (builders now quoting Rs 5/sqft)highly appreciate your answer,thanks in advance
Q:I am looking for a residential property in Panvel and one of my colleague suggested me to look for Hiranandani Fortune City, Can anyone provide recent updates related to this project?
Latest Answer: Hi Deepansh
I will definitely recommend you to consider fortune city. It is one of the decorated project in panvel. They have all good facilities and amenities for residence. The project offers 1, 2and 3 bhk apartments It is a RERA registered project and all the phases of this project are anticipated to be ready in short time. Best place to reside with family where you will find facilities at one place.
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.
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.
Q:Q. During Oct 2013, A builder has launched a Project with 20% and 80% scheme. I paid 20% and received the allotment letter. Up to now, the said builder has not started any development and there is no hope that he will start the construction very soon.During the several meeting he highlighted many technical and financial issue. Now my question is if i terminate the agreement and request for the refund, will i get the benefit (interest) on my 20% deposit?What is the best way to get the refund?
Q:Navi Mumbai is actually at the heart of everything. If you only want to Buy Flat in Navi Mumbai, if you can provide these are uniquly, the best locations to invest and stay. Navi Mumbai has confirmed itself as a real estate investment hub. http://www.prishtygroup.com/
Latest Answer: Navi Mumbai has become a hub for many multinational companies, malls and educational institutes. After the successful development of Navi Mumbai, CIDCO and NMMC has further planned development of Maha Mumbai (area beyond Panvel). Read about Some of the major developments in Navi mumbai on the blog given on infratech website
Q:The New Construction Projects in Navi Mumbai is one of the residential cum official implementation of GamiGroup. It provides wide and joyfully developed trading apartments, 2BHK, 3BHK and 4BHK apartments at very accessible cost. The project is well furnished with all the facilities to facilitate the required of the homeowner. https://www.gamigroup.in/
