Hi All! Me too a first time buyer and like to invest on Casa Bella because of the well known builder. However I heard a few negative points about it and not very sure how dangerous it may be. I ll write those points below: 1) The land acquired by Lodha builder is a low lying area and there is a chance of water clogging during heavy monsoon. 2) The land is still under the panchayat so not to expect any infrastructre. 3) The escalation clause is there which means the builder can increase the price once the construction starts. 4) Project is at ground zero still and it is doubtful that it will get completed by 2010. So the load of pre emi will be large. 5) The society charges of Lodha builders are always at the high end. So even after possession one may end up with huge society charges without getting a proper rent (in case if let out) or without any infrastructure (if self occupied). 6)What proposed was a large township which will take quite some time to get completed till then every thing will be in the hands of the builder. I am confused about all these issues and need advice from an experienced buyer. Thanx in advance. -Sunder
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