Manik - can you pls tell what was the reason? I am also planning and it will help me understand better
Hi Vinod, 2 days back i visited the project and am planning to buy a flat. Though i also have a concern that why in last 2 years no amenities-swimming pool, club house,zym etc were created. Also still no OC.
So i am in doubt ..should i trust the builder that they are going to file for OC in 1st week of Jan'1 and in next 2-3 month it should be getting oC and then they will construct amenities because as per rule one can not construct club house only after they can get OC. Can you please suggest if one should buy it or no.
Hi Supriya and other buyer of Vars Parkwod,
I too was about to buy flat in Vars Parkwood. However as i was about to sign the agreement yesterday, i wanted my lawyer to review the agreement terms and condition. And i am not worried to sign the agreement because of following condition mentioned:
it says that within 15 days of signing the agreement, i will have to go for sale deed registration ( though flat will be ready in Aug'14 only). Also the registration is of UDS only and NOT FOR FLAT. Builder says it is a general practice in Bangalore to register only UDS because registering Flat means more Stamp Duty to be paid by buyer. But my lawyer says they are be-fooling me.
Hence i want to put this point in this form to get clarity from all of you who have already gone for registration.
Awaiting for your reply.
saurabhHi Supriya and other buyer of Vars Parkwod,
I too was about to buy flat in Vars Parkwood. However as i was about to sign the agreement yesterday, i wanted my lawyer to review the agreement terms and condition. And i am not worried to sign the agreement because of following condition mentioned:
it says that within 15 days of signing the agreement, i will have to go for sale deed registration ( though flat will be ready in Aug'14 only). Also the registration is of UDS only and NOT FOR FLAT. Builder says it is a general practice in Bangalore to register only UDS because registering Flat means more Stamp Duty to be paid by buyer. But my lawyer says they are be-fooling me.
Hence i want to put this point in this form to get clarity from all of you who have already gone for registration.
Awaiting for your reply.
saurabh
My worry is increasing. Just read the below article.
http://bangalore.citizenmatters.in/articles/be-careful-while-buying-an-under-construction-propertyMy worry is increasing. Just read the below article.
http://bangalore.citizenmatters.in/articles/be-careful-while-buying-an-under-construction-property
My comments to replies
I have recently booked an apartment in VARS Parkwood. This is my third one with VARS. From my experience, the quality of construction is far better compared to a lot of other builders, including the big ones. They deliver on committed deadlines. I have not had any issues with them so far. The promoter is pretty accessible as well.
Hi Supriya and other buyer of Vars Parkwod,
I too was about to buy flat in Vars Parkwood. However as i was about to sign the agreement yesterday, i wanted my lawyer to review the agreement terms and condition. And i am not worried to sign the agreement because of following condition mentioned:
it says that within 15 days of signing the agreement, i will have to go for sale deed registration ( though flat will be ready in Aug'14 only). Also the registration is of UDS only and NOT FOR FLAT. Builder says it is a general practice in Bangalore to register only UDS because registering Flat means more Stamp Duty to be paid by buyer. But my lawyer says they are be-fooling me.
Hence i want to put this point in this form to get clarity from all of you who have already gone for registration.
Awaiting for your reply.
saurabh
8th April 2014
VARS builders ARE CHEATERS!!!
We booked one 2BHK in their on going project and then when we cancelled it due to one of the clause in agreement, which was not suitable to us... they refused to return the booking amount.
After numerous calls, they are now saying that they will return the booking amount only when the mentioned flat will be sold to someone else. This was never mentioned to us. Never verbally or in agreement. We are still waiting for our money back..
BEWARE OF VARS !!!!
Glad to inform that all issues has been resolved and we are buying it as a fresh in Vars parwood. Thanks for all the support we got from Mr Krishna reddy and Mr Raj from Vars builders. : )
19th July 2014
Ask a Question
Follow A Topic
Trending Categories
CommonFloor Property Search Mobile App now available on Android, iOS and Windows!
