Q:
I have shortlisted an apartment; builder has taken setback deviation; as per approved BBMP plan he has to leave ~3.17M front, ~2.5M side/back instead builder left has left only 4 feet on all side, such that apartment balcony projection is matched to road edge. and also there are deviations form sanctioned plan in total area of individual apartment . Are these a major problem, can I finalize the apartment? Builders quotes more than 90% apartments are like this only so no problem.
Builder told he'll get project approval letter form LIC, if LIC is approving the project, is my investment/purchase safe.
The apartment is half constructed n builder says Dec 2012 as completion date,also Builder is asking for upfront 50% i.e 15 lac(10 cash+5 cheque) and remaining at the time of registration. Is it safe to give that much cash to builder based on agreement.
I have visited a property and I think this project also in the similar lines.
Very less set back has been kept and there is one other floor is under construction which builder is saying it is not on sale now. I think it is unapproved one. (G+3 is approved and 4th one is not approved I guess)
However LIC, Indian Bank, Corp Bank, AXIS bank are providing loan for this property for houses in G+3I have visited a property and I think this project also in the similar lines.
Very less set back has been kept and there is one other floor is under construction which builder is saying it is not on sale now. I think it is unapproved one. (G+3 is approved and 4th one is not approved I guess)
However LIC, Indian Bank, Corp Bank, AXIS bank are providing loan for this property for houses in G+3
Q:
Our builder is constructing an unapproved floor. G+3 is what is approved. Now in the terrace there are 4 apartments being constructed. What are the implications?
1) how would the undivided share of land be affected?
2) Would the approved floors and apartments have trouble during resale?
Q:
Has anyone bought flat in Arya Hamsa? This is located in JP Nagar 8th Phase and this builder has completed 2 projects named Arya Lotus and Arya Severia in Whitefield area.
Any information on reputation, value for money aspects, quality, sticking to the approved plan, providing all the amenities promised will be helpful.
