Suresh Kumar , Apartment Resident
Q: Has anyone booked a 2 or 3 BHK apartment in Ozone? I visited last week and the quotation is 2990/Sqft, with a premi payment option by the builder to the bank till possession- For a 2 BHK - I need to pay the builder approx 7 lacs today. Till the possession which is Dec 2014 as of now, the builder will be paying the interest to the bank. Me paying nothing. The banker explained me that I would save approx 6 lacs of rupees for 2 years by not paying EMI. And I can invest it somewhere else and get returns. Looks lucrative. Do you all see anything fishy over here? Also I have been 2 times to the site. I do not find any labours or any work going on. Did anyone else see any development? Did anyone book a flat at ozone recently? AT what price?

My replies to this discussion
Hi Guys, The project if completed looks best.But right now this are only in paper and in their websites and not in reality. also Carerating as mentioned is not sure after 2011. and Crisil ratings are all seen in bad ratings . But as of now they are claiming as May 15 the possession of the flat. How true is this can be said when we see through 2015 may. As of now Banks are approved and So can we think the projects are clear of all approvals and issues. Can we just take granted when they say Banks are approving..what if, we cannot sell it , Has anyone checked with Legal expert for this. appreciate anyone answers to my query as i am exited about this project. Hi Guys, The project if completed looks best.But right now this are only in paper and in their websites and not in reality. also Carerating as mentioned is not sure after 2011. and Crisil ratings are all seen in bad ratings . But as of now they are claiming as May 15 the possession of the flat. How true is this can be said when we see through 2015 may. As of now Banks are approved and So can we think the projects are clear of all approvals and issues. Can we just take granted when they say Banks are approving..what if, we cannot sell it , Has anyone checked with Legal expert for this. appreciate anyone answers to my query as i am exited about this project.
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