kuldeep.gairola, Apartment Resident
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Halted construction and loan put on hold
Q: The construction seems to have been halted at the moment. There is some concern regarding their approvals from GDA. My bank, which had earlier approved my loan has now put it on hold because of some FSI transfer issues.

My replies to this discussion
Please keep posted about this thread.....Please keep posted about this thread.....
Hey Guy's, Do anyone have any update...Is construction resumed, bank approval etc...?Hey Guy's, Do anyone have any update...Is construction resumed, bank approval etc...?
Hey Guy's, Happy New Year 2014. Is there any update, how work going? Did anyone got loan approval from SBI?Hey Guy's, Happy New Year 2014. Is there any update, how work going? Did anyone got loan approval from SBI?
Do anyone has any update whats going with Lakshya Aquapolis...it seems still same no progress.Do anyone has any update whats going with Lakshya Aquapolis...it seems still same no progress.
They called me 5 months back, they started the loan process from SBI and construction has started and in full swing. but nothing happened till yet.. bad luck booking with Lakshya. Even they are not telling the truth whats the actual problem.They called me 5 months back, they started the loan process from SBI and construction has started and in full swing. but nothing happened till yet.. bad luck booking with Lakshya. Even they are not telling the truth whats the actual problem.
Hey Guy's, Is there any update...Please share..Hey Guy's, Is there any update...Please share..
Hi Chandan, Do you have any update(Is work resumed or not), Did any banks approved the project. Please share the information. Thank you so much...Hi Chandan, Do you have any update(Is work resumed or not), Did any banks approved the project. Please share the information. Thank you so much...
Hi Chandan, Which bank they initiated your home loan process?,, They didn't send me any information yet.Hi Chandan, Which bank they initiated your home loan process?,, They didn't send me any information yet.
Mr. Gill, We are talking about Lakshya Aquapolish.Mr. Gill, We are talking about Lakshya Aquapolish.
Dear residents, Is there any update on this, how is construction going on and what about FSI transfer. Dear residents, Is there any update on this, how is construction going on and what about FSI transfer.
Thanks Chandan Jee, BTW any idea, whats the problem on approval now, Did they got FSI Transfer approval, why they are approaching SBI, ICICI but not LIC for loan. One year back LIC already approved my loan. Difficult to trust on builder these days.Thanks Chandan Jee, BTW any idea, whats the problem on approval now, Did they got FSI Transfer approval, why they are approaching SBI, ICICI but not LIC for loan. One year back LIC already approved my loan. Difficult to trust on builder these days.
Is there any update, how construction is going on.....Is there any update, how construction is going on.....
Hello Guy's, Any update on the construction, I don't see any progress since last two month Lakshya staff told me entire super structure will be completed by March-April 2016. and possession by March-April 2017. Please keep sharing on this forum.Hello Guy's, Any update on the construction, I don't see any progress since last two month Lakshya staff told me entire super structure will be completed by March-April 2016. and possession by March-April 2017. Please keep sharing on this forum.
Anyone have any update on Lakshay Aquaplish, they are not responding my emails?Anyone have any update on Lakshay Aquaplish, they are not responding my emails?
My comments to replies
Update: All issues seem to hav been sorted out now. I got my loan approved from SBI yesterday and the latest demand paid out successfully. Work seems set to resume in a week's time. Possession date tentatively March 2016.
Great to hear the update. please update the future WIP of project.
3rd November 2014

Hi Kuldeep... I am not really sure what's going on at the moment... The FSI transfer has been approved (I confirmed that via some internal sources some time back). I am not sure what the issue with the banks is at the moment. They said work will resume by August end, so let's see. Have you also invested in Lakshya?
Hi Chandan, I also have invested and got approval from LIC housing one year back, same story like you said....please keep posted, I am out of country these day's.
24th July 2013

Hi Kuldeep, received a mail from them about 10 days back saying the papers have been finalized and asking us to submit relevant docs for processing the loan. They are getting it done from SBI, thankfully. The mail also mentioned that construction is on "full swing" but i visited the place and couldn't find any "swing" at least until the last week...
Hi Chandan, Thanks for the information, Let me ask them for more information.
31st October 2013
Hi Chandan, Do you have any update, Did they started work, what about your loan processing, Is it get done from SBI?
22nd January 2014

Dear residents, Is there any update on this, how is construction going on and what about FSI transfer.
Please update me, the same thing happen with me also, My loan was approved by LIC and then after 3 months it expire, now the builder said we need to submit documents to bank, bla bla..........same story. Why there website not working now, please keep posted. Thank you so much!
13th January 2013

Thanks Chandan Jee, BTW any idea, whats the problem on approval now, Did they got FSI Transfer approval, why they are approaching SBI, ICICI but not LIC for loan. One year back LIC already approved my loan. Difficult to trust on builder these days.
Hi Chandan, Do you have any update(Is work resumed or not), Did any banks approved the project. Please share the information. Thank you so much...
26th August 2013

Hello Guy's, Any update on the construction, I don't see any progress since last two month Lakshya staff told me entire super structure will be completed by March-April 2016. and possession by March-April 2017. Please keep sharing on this forum.
No updates same status since last 3 months..
18th April 2016

Hi Kuldeep, no progress yet. The construction is on a complete standstill. I keep visiting them, but the same response that it will resume in 15-20 days and never happens. It's the same with almost any builder in the whole of NCR. Frustrating.
Hi Chandan, Did they tell you any update? Any progress plz share. Thanks
2nd October 2013

Is it good to invest in ansal aquapolis now. They have started marketing again.
Whats the reason they have started marketting again?
19th November 2013

No progress. Same status.....
I think same but people were saying there loan got approved and amount disbursed but still no work in progress. Any update guys.
24th January 2015

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