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Old 07-02-10   #172
faujiman is offline faujiman
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Default INDIABULLS PANVEL Has not even started work

I have been following the various newspaper ads of India Bulls Panvel Greens and called them today as am looking to purchase a flat in mumbai.

From what their guys told 1st phase was launched in sep 2009 at 2200psf(completely sold out) and now phase 2 within six months at 2900psf-but the catch is their construction work is yet to start and no bank has approved their project for home loan financing-

So can someone advise me if this is a genuine project or just a manner of collecting money from bookings and then delaying the project as per their on pace.

Please advise
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