Sushant Vashistha, Apartment Resident
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Issue in the DLF NewTown project... delay in project delivery till Dec'13, case of getting approval from BBMP, illegal higher floors, land dispute, connectivity issue, etc
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?

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Dear residents- I recently visited the property and they told me that pone phase is being given possession from May onwards and the other would start from Aug-Sep. Is that correct? I am looking to invest in this project but has been cautioned by a few friends of mine. Would appreciate if some one can share the updated status on various issues with this project. Thanks in advance.Dear residents- I recently visited the property and they told me that pone phase is being given possession from May onwards and the other would start from Aug-Sep. Is that correct? I am looking to invest in this project but has been cautioned by a few friends of mine. Would appreciate if some one can share the updated status on various issues with this project. Thanks in advance.
Thanks sachin for the update. Much appreciated.Thanks sachin for the update. Much appreciated.
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