Alok Kothari , Apartment Resident
Q: Hi guys, I have recently received letter from Parsvnath to pay remaining amount and take over the property. No where they have mentioned about Rs 5 Psqf/month penalty for delayed completion. Can somebody advice how he/she is dealing with this? Regards Sanjay

My replies to this discussion
Dear Sanjay, please send your objections for payment of the amount and deduct the penalty for say 18 months of delay and ask them to issue a revised demand letter for payment of final settelment.email to Madan Dogra [madan_dogra@parsvnath.com]. also send yr letter by Courier. hurry up.also inform all yr friends who have taken up this property to do the same to strengthen the case. Regards Alok KothariDear Sanjay, please send your objections for payment of the amount and deduct the penalty for say 18 months of delay and ask them to issue a revised demand letter for payment of final settelment.email to Madan Dogra [madan_dogra@parsvnath.com]. also send yr letter by Courier. hurry up.also inform all yr friends who have taken up this property to do the same to strengthen the case. Regards Alok Kothari
Dear Mona (owner) i have not seen the project myself but i have information that recently a lot of work has been done and also the current going rate is Rs 2800/ sqf. the project is almost 90% completed and now we need to be patient for another 1-2 years. the location is excellent and pari chowk will have a metro station in 2014. considering this the rates should move up to Rs 5,000/ Sqf by 2014. we need to have patience and not panic unless we are in need of funds immediately. Regards Alok KothariDear Mona (owner) i have not seen the project myself but i have information that recently a lot of work has been done and also the current going rate is Rs 2800/ sqf. the project is almost 90% completed and now we need to be patient for another 1-2 years. the location is excellent and pari chowk will have a metro station in 2014. considering this the rates should move up to Rs 5,000/ Sqf by 2014. we need to have patience and not panic unless we are in need of funds immediately. Regards Alok Kothari
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