Sachin Sethi, Apartment Resident
Q: The DLF NewTown project is already delayed by a year and not sure if they would be able to deliver the by Dec'13 as they are promising now. There are few queries which I was looking for an answer which are based on: 1. There is a news that the BBMP personal was bribed to get necessary approvals for higher floors which infact is illegal 2. There is a case for the illegal approval for road widening which may hinder the expansion of road connecting to Hosur Road 3. The area around has appreciated so this is property would not be giving higher returns. Now, is point 1 and 2 correct as this information was fetched from The Hindu newspaper? If true what would be affect on investment? If 1 and 2 is not correct then how good is this property from investment (first time buyer) and what would be current expected per sq.ft rate?

My replies to this discussion
I have made multiple attempts to get answers from DLF but failed. Nobody from DLF seems to be responsible for owners investment in the project. a) No Genuine reason for project delay by 2.5 Years. b) Every time I inquire about the project completion, I get the same answer that the tiling work is in progress and it will be completed in 2~3 months. This same answer I am hearing since last 5 months. c) DLF has applied for OC for D1/D2 block in Jan'14 for which DLF mentions the OC has not been received due to elections (as if Govt. Departments stopped working in Jan itself) - seems fishy. They turned down the request to show documentary evidence of its pending with BBMP. d) No information was provided regarding the updated project completion timelines & Club House. So we can be assured of another 1 year delay (approx). e) DLF is blunt in asking us to go legal f) Delay penalty of Rs. 5/- per sqft is too less when currently rentals for similar project range around 13~15 per sqftI have made multiple attempts to get answers from DLF but failed. Nobody from DLF seems to be responsible for owners investment in the project. a) No Genuine reason for project delay by 2.5 Years. b) Every time I inquire about the project completion, I get the same answer that the tiling work is in progress and it will be completed in 2~3 months. This same answer I am hearing since last 5 months. c) DLF has applied for OC for D1/D2 block in Jan'14 for which DLF mentions the OC has not been received due to elections (as if Govt. Departments stopped working in Jan itself) - seems fishy. They turned down the request to show documentary evidence of its pending with BBMP. d) No information was provided regarding the updated project completion timelines & Club House. So we can be assured of another 1 year delay (approx). e) DLF is blunt in asking us to go legal f) Delay penalty of Rs. 5/- per sqft is too less when currently rentals for similar project range around 13~15 per sqft
For anybody plans to go legal, please count me in. Also I suggest all owners to come together and file RTI to get information about this project.For anybody plans to go legal, please count me in. Also I suggest all owners to come together and file RTI to get information about this project.
We can only hope to get possession by Dec'13.We can only hope to get possession by Dec'13.
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