Yashin Dalal, Apartment Resident
Q: Planning to invest in Oyster Living Divino project in Dahisar (East). Can anyone share their experience of dealing with this builder.?.Commitment fulfillment & reliability.
My replies to this discussion
Point no 1 : it's an sra project comprising of rehabilitating more than 1000 existing slum dwellers . It will take atleast 2 years to do that and that too after they get permission to vacate them which will take at least one year . Point no 2 : total construction is around 10 lac sq feet plus ! It's a minimum 7 year deal if all things go smooth in clearances including the environmental policy. Point no 3 : investing long term also needs handsome returns . Are you sure mumbai is not offering other projects with lesser time in posession time ? Why wait for 7 years ?! We can't speculate what is going to happen tomm in terms of development in mumbai. Point no 4 : kindly appoint a legal advocate / solicitor to go thru the legalities . It will save a lot of headaches.Point no 1 : it's an sra project comprising of rehabilitating more than 1000 existing slum dwellers . It will take atleast 2 years to do that and that too after they get permission to vacate them which will take at least one year . Point no 2 : total construction is around 10 lac sq feet plus ! It's a minimum 7 year deal if all things go smooth in clearances including the environmental policy. Point no 3 : investing long term also needs handsome returns . Are you sure mumbai is not offering other projects with lesser time in posession time ? Why wait for 7 years ?! We can't speculate what is going to happen tomm in terms of development in mumbai. Point no 4 : kindly appoint a legal advocate / solicitor to go thru the legalities . It will save a lot of headaches.
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