Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Megapolis Hinjewadi ph-3

kunjirs · 15-12-09

Does any builder assures completion in time? I do understand that there is a risk. If the payment terms are based on the construction progress, this should be okay.
If you apply the same situation to the previous phases of Megapolis and Blue Ridge, there is a drastic difference in rates. Does this indicate slowdown/ Builder needs cash desparately/ Competition to steal very few buyers in the market? At least it shows that builders can make profits at this rate. I hope that this is the start of the scenario where builders will engage in the price war to stay in the business.

I did not see this rate published anywhere other than Ravi K blog. Does anyone has reliable source?

15-12-09	#6
kunjirs New Member Join Date: Jul 2009 Posts: 31 Thanks: 0 Thanked 0 Times in 0 Posts	Completion on time? Does any builder assures completion in time? I do understand that there is a risk. If the payment terms are based on the construction progress, this should be okay. If you apply the same situation to the previous phases of Megapolis and Blue Ridge, there is a drastic difference in rates. Does this indicate slowdown/ Builder needs cash desparately/ Competition to steal very few buyers in the market? At least it shows that builders can make profits at this rate. I hope that this is the start of the scenario where builders will engage in the price war to stay in the business. I did not see this rate published anywhere other than Ravi K blog. Does anyone has reliable source?