Hey we are now looking to invest in this project and new phase thats is coming up. I am all most certain, but after this i want to know if i should invest or not

I've recently booked a flat in Acme Ozone. As I'm not living in Thane, I don't know much about this project except based on my visit to site office, web site info, brochure etc. Few people whom I know in Thane later told me that this project is going to get delayed, that there is some forest land dispute etc. I hope they are wrong, b'cuz I've alreday invested my money in this project. Please let me know if there are any issues with this project. Thanks

Hi Vivek, Sorry for late revert. Saw ur msg today only. There are 2-3 pointers here: 1. We have booked already and as per our checks, forest land issue is not there for this project. This was personally confirmed by another owner Manish at Thane registration office. 2. Now, registration for the projects is happening. This would not have been possible to do if it would be a forest land. 3. In the draft agreement provided for registration, they have provided the commencement certificate, which is issued only after all the checks, including check for forest land. 4. Few of us appointed a lawyer to check the title clearances and other clearances. He has also confirmed that this is not in forest land as per his checks. Hope, this clarifies. Rajesh

Hi Anurag, Acme Group has a very bad reputation in Mumbai Real Estate Market. There are many negative reviews against this developer. Buying a home for end use is very tedious and stressful task that needs a lot of in depth understanding about the locality, projects and developers etc. So, do all ur due diligence before investing.