Originally Posted by cust_indiabulls_panvel

SSS,

The basic problem with Indiabulls Greens is the lack of information - as on today none of us have any clarity on the timelines, layout changes, etc.

I was probably one of the first one to buy a flat in Indiabulls - excatly a year ago. I was hoping that dealing with an established company would be good - however, at least I have never been satisfied with the responses from Indiabulls- to the extent that I have stopped even corresponding with them. we cannot blame the sales people since they themselves are only mouthpieces and are merely ranting away what is being told to them.

I experienced the same thing wwhen I interacted with them two months back for the commercial property - they did the sme thing - on the pretext of soft laucnh they showed some layouts. I presume it got a good response and then they went ahead and completely changed the comemrical property plans.

All I can say is that you would have to take call based on macro factors - how much YOU believe in the Panvel potential, etc. and how much long you cna wait.

This project would progress exactly as any other real estate project progresses - there are bound to be time overruns. In terms of progress, except for some excavations, nothing much has happened.

On september 5, 2009, I was told that construction would start by October 2009.

the towers have been changed from 15 floors to 32 floors.

the layout have undergone changes ( from September 2009) and as on today I am completely unaware of how much extra I have to pay.