Shaik Riyaz, Apartment Resident
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Did anyone book a flat in Ozone recently?
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?

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Hi Roshan, what is the total cost you will have to pay.. and what will be the payment plan exactly?? I mean if you pay 7 lakhs now, then what remains and when it has to be paid?
Yes I have booked a 2BHK apartment. There were offering 10gms gold coin at that time for bookings before december. I have paid almost 12 lacs in a span of 2 months and still they have not given any gold coin.. and also the construction does not seem to be as per standards. they were offering 200/sq. ft if without loan. so i went for this scheme. but now i feel it was a wrong decision that i made. ozone is not that worth investing
18th January 2013

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