Deepankar Patnaik, Apartment Resident
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VAT and ST paid by owners?
Q: Today went to the project to enquire about Mana Kermel Project,the VAT and ST is almost double to my calculation,want to ask the buyers if how they have paid.VAT should be 14.5 land Cost,I calculated Land cost almost 35% Total Cost and Service Tax is 12.36% of 25% of total cost,25% of total cost is Service and Labor expenses.Owners pls respond

Latest Answer: That is very much illegal, if the builder is collect double VAT and ST. Moreover I heard that the builder is not providing OC for any of their projects.. I will it is not safe to buy a property without OC.

Project completion date and a firm commitment as when it will be handed over.
Q: When is the project hand over? I think it cannot be completed by Jul-2013 as well. Should we all assemble one day at the site and ask our queries to the management?

Latest Answer: Even I am very frustrated with Management response. I have written so many emails about possession date but there is no reply from management. Suggest ways how we can assemble and take some strong steps against builder.

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