DLF Capital Greens -Delhi - A Transparent Project? - Indian Real Estate Forum

udayan.giri · 30-03-09

By: =""]avosyssami [/url]| Mar 28, 2009 04:44 PM (Raja Housing)

DLF shortly launching multi-storey residential project at Shivaji Marg, Moti Nagar –Delhi spread over a land of 30 acres out of total land of 38 acres Land bought by DLF from DCM Shriram Consolidated (DSCL) and the Lohia group 2 bed room and 3 bed room apartments Size range of 1200-1500 sq ft

Hello friend,

As you people must be aware that DLF the India`s top real estate developer and almost single handily developed the most part of Delhi.
DLF is almost synonym for Gurgaon city, because they are the main developer and contributor of the Gurgaon city development and popularity.
Now in the year 2009 for DLF its home coming, as they are about to launched their first multi-stories residential project in Delhi city at Shivaji Marg, Moti Nagar “DLF Capital Green” .

The project as per DLF agents claims having total land to the tune of 38 acres and out of this 30 acres reserved for residential purpose.
The large number of property dealer in Delhi and NCR are talking about the DLF project sending mail, SMS, approaching prospective buyer to book the flat in the proposed project of DLF.

The plans which they are showing to customer carry the name of DLF, with site and layout plan.
Any thing in city centre is too good to have as they claim 5 KM from Connaught Place the heart of city, but the DLF advertisement suggest it is 7 KM from CP and in one hoarding at Minot Bridge till some time back mentioned 11 KM from CP. Its alright distance mentioned at these point can be seen as clerical error and one should not give so importance to it.
But I failed to understand why the agents are taking cheque of Rs.10,00,000/- per flat as booking amount without showing the proper drawing of the project. The company is neither confirming nor refusing about the process of booking.

The dealers are collecting cheques and getting money receipt from DLF with confirms flat number.

On the other hand they are showing the tentative site plan and layout plan of flats. The DLF Capital Green is an upcoming, not de-cleared project of DLF, whereas the dealer are taking booking forms and cheque without know the basic price of flat on tentative plans.

The price per square feet is also not clear to any of these agents. Some suggest or quote the price might be Rs.6000/- to Rs.10,000/- per sq ft at the time of launch of the project.

Launch of the project only possible once you have Land registry or ownership with you and building plan has been sanctioned by the concern authority.
Some time when people are in the process of getting approval, they start soft launch or in the real estate terminology a PRE-LAUNCH.

If it is a pre-launch of the project then I feel capital is no more a safe place for the buyer, because Haryana Govt. do not allow any developer to do any pre-launch or soft launch of a residential project.

I do not want to be involve in any kind of dispute but I prefer people who wish to book flat with this project that they should check with company before taking any decision about booking flat in this project. They should ask the company to share the Land Ownership and sanctioned papers.

Now I would like to comment on the flat lay out of this project. After seeing the flat layout I realized that Delhi people, who believe in living big houses has to live in small flat in a crore of rupees. I am uploading some of the layout of the flats.

Some of the wrong thing about the flat layout;

Dinning area just in-front of the entry of flat, Toilet in-front of kitchen, Long corridor (tunnel) may be up 15 ft to connect the different bed rooms, Maximum size of a bed room 11ft x 11ft, Small drawing area, Over this entire flat layout seems to be design by a small kid, who only know how to draw a painting and do not understand the importance of a home. Over all in my opinion this is the worst project of DLF at the wrong time.

If I have to buy a flat then I would like to go the Gurgaon or Noida rather then living in Delhi with such worst residential plan.

(courtesy by - http:// www .mouthshut.com/review/Raja_Housing-164533-1.html )

goldman · 31-03-09

Do anyone believe thats D L F ????

How can they permit their brokers or agents if the price is not yet decided... everybody should be careful these days.......... from any and all builder.

The article by Nataraajg007 about DLF Chennai - which reads "

DLF customers gang up, pressurise developer to commit refund
29 Mar 2009, 0633 hrs IST, ET Bureau

CHENNAI: Customer pressure seemed to have got the better of India’s realty giant DLF. Nearly 300 such buyers, who have backed out of the company’s

prestigious ‘Garden City’ project in Chennai, refused to leave its premises till they got a written assurance that their money would be paid back in full.

Consequently, DLF has assured them that the formal refund letter addressed individually to the exiters would be given by April first. In its communication dated March 28, 2009, DLF Southern Homes, the special purpose vehicle executing the project on Old Mahabalipuram Road, said "the process of full refund will commence from 1st April, 2009, and will be completed before 30 September, 2009. The priority of disbursement shall be based on the order of first exit letters received and will be intimated by 10th April 2009." - is alarming.

So keep watch friends..............

ks2071746 · 31-03-09

Dear friend,

So reputed promoter DLF is also no different?

ks2071746

pallavidutta · 07-04-09

huhhhhhhhh every one is alike in real estate sector hard to make difference between authentic and fake ones now

anjali_chauhan · 07-04-09

Incidence like this one are really eyeopening. if big players of this sector will do this then customers will become confused as which builder to trust and which not to trust.

if you find other cases like this then do let us know.

Thanks & regards
Anjali

contra · 11-04-09

Quote:

Originally Posted by udayan.giri

By: =""]avosyssami [/url]| Mar 28, 2009 04:44 PM (Raja Housing)

Hello friend,

As you people must be aware that DLF the India`s top real estate developer and almost single handily developed the most part of Delhi.
DLF is almost synonym for Gurgaon city, because they are the main developer and contributor of the Gurgaon city development and popularity.
Now in the year 2009 for DLF its home coming, as they are about to launched their first multi-stories residential project in Delhi city at Shivaji Marg, Moti Nagar “DLF Capital Green” .

The project as per DLF agents claims having total land to the tune of 38 acres and out of this 30 acres reserved for residential purpose.
The large number of property dealer in Delhi and NCR are talking about the DLF project sending mail, SMS, approaching prospective buyer to book the flat in the proposed project of DLF.

The plans which they are showing to customer carry the name of DLF, with site and layout plan.
Any thing in city centre is too good to have as they claim 5 KM from Connaught Place the heart of city, but the DLF advertisement suggest it is 7 KM from CP and in one hoarding at Minot Bridge till some time back mentioned 11 KM from CP. Its alright distance mentioned at these point can be seen as clerical error and one should not give so importance to it.
But I failed to understand why the agents are taking cheque of Rs.10,00,000/- per flat as booking amount without showing the proper drawing of the project. The company is neither confirming nor refusing about the process of booking.

The dealers are collecting cheques and getting money receipt from DLF with confirms flat number.

On the other hand they are showing the tentative site plan and layout plan of flats. The DLF Capital Green is an upcoming, not de-cleared project of DLF, whereas the dealer are taking booking forms and cheque without know the basic price of flat on tentative plans.

The price per square feet is also not clear to any of these agents. Some suggest or quote the price might be Rs.6000/- to Rs.10,000/- per sq ft at the time of launch of the project.

Launch of the project only possible once you have Land registry or ownership with you and building plan has been sanctioned by the concern authority.
Some time when people are in the process of getting approval, they start soft launch or in the real estate terminology a PRE-LAUNCH.

If it is a pre-launch of the project then I feel capital is no more a safe place for the buyer, because Haryana Govt. do not allow any developer to do any pre-launch or soft launch of a residential project.

I do not want to be involve in any kind of dispute but I prefer people who wish to book flat with this project that they should check with company before taking any decision about booking flat in this project. They should ask the company to share the Land Ownership and sanctioned papers.

Now I would like to comment on the flat lay out of this project. After seeing the flat layout I realized that Delhi people, who believe in living big houses has to live in small flat in a crore of rupees. I am uploading some of the layout of the flats.

Some of the wrong thing about the flat layout;

Dinning area just in-front of the entry of flat, Toilet in-front of kitchen, Long corridor (tunnel) may be up 15 ft to connect the different bed rooms, Maximum size of a bed room 11ft x 11ft, Small drawing area, Over this entire flat layout seems to be design by a small kid, who only know how to draw a painting and do not understand the importance of a home. Over all in my opinion this is the worst project of DLF at the wrong time.

If I have to buy a flat then I would like to go the Gurgaon or Noida rather then living in Delhi with such worst residential plan.

(courtesy by - http:// www .mouthshut.com/review/Raja_Housing-164533-1.html )

The plan images provided by you look like fake. Did you find those images at official DLF website. I don't trust this article, A reputed developer like DLF can't do such a mistake. I have seen the offices constructed by DLF and they were top quality with generous facilities.

udayan.giri · 16-06-09

Quote:

Originally Posted by contra

The plan images provided by you look like fake. Did you find those images at official DLF website. I don't trust this article, A reputed developer like DLF can't do such a mistake. I have seen the offices constructed by DLF and they were top quality with generous facilities.

So you see, how people like contra (senior member) believes in DLF (see the share value today)? This is why Indians are people who are easily trapped in frauds because they easily believe in facts.

Dear contra,
the map of Capital greens has just been approved, while I saw the maps going to be approved when DLF started pre-launch in Delhi itself, which is the capital city of our country.

Now you must not say that the maps I posted were fake. See for yourself from site of DLF - ]http://dlf.in/dlf/wcm/connect/DLF_Home/homes/homes/projects/new+projects/dlf+capital+greens%2C+shivaji+marg%2C+delhi/site+layout+-+dlf+capital+greens%2C+shivaji+marg%2C+delhi[/url]

This is what I said for Jaypee Aman, the developers are playing with the emotions of us, and you people will still believe in frauds like them. I am posting a thread on DLF Westened Heights, in Real Estate updates.

Good luck, then.

contra · 21-06-09

Quote:

Originally Posted by udayan.giri

So you see, how people like contra (senior member) believes in DLF (see the share value today)? This is why Indians are people who are easily trapped in frauds because they easily believe in facts.

Dear contra,
the map of Capital greens has just been approved, while I saw the maps going to be approved when DLF started pre-launch in Delhi itself, which is the capital city of our country.

Now you must not say that the maps I posted were fake. See for yourself from site of DLF - ]http://dlf.in/dlf/wcm/connect/DLF_Home/homes/homes/projects/new+projects/dlf+capital+greens%2C+shivaji+marg%2C+delhi/site+layout+-+dlf+capital+greens%2C+shivaji+marg%2C+delhi[/url]

This is what I said for Jaypee Aman, the developers are playing with the emotions of us, and you people will still believe in frauds like them. I am posting a thread on DLF Westened Heights, in Real Estate updates.

Good luck, then.

I agree with you.

To add genuine end users never entered the market for last 2 years and are still waiting.

It was only the NRIs and IT employees with big loans from banks who have been booking still even in 2009 lured by (1)discounts (2) brand names.

maverick_guy · 29-07-11

Friends, any update on what is the status of capital greens? Its been more than 2 years after DLF laucnhed this scheme, but I am not sure if they have even started digging?? DLF aparently is in deep trouble in a couple of projects .. they apparently are facing issues in thier Goa project as well

blaine · 29-07-11

Phase II premiums is 4,000 to 5,000 per sq ft. Phase I is built upto 5 floors and phase II tower is built till 1st floor.

project is certainly delayed 1 to 2 years. but great return if you can hold on.

31-03-09	#2
goldman New Member Join Date: Mar 2009 Posts: 9 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Do anyone believe thats D L F ???? How can they permit their brokers or agents if the price is not yet decided... everybody should be careful these days.......... from any and all builder. The article by Nataraajg007 about DLF Chennai - which reads " DLF customers gang up, pressurise developer to commit refund 29 Mar 2009, 0633 hrs IST, ET Bureau CHENNAI: Customer pressure seemed to have got the better of India’s realty giant DLF. Nearly 300 such buyers, who have backed out of the company’s prestigious ‘Garden City’ project in Chennai, refused to leave its premises till they got a written assurance that their money would be paid back in full. Consequently, DLF has assured them that the formal refund letter addressed individually to the exiters would be given by April first. In its communication dated March 28, 2009, DLF Southern Homes, the special purpose vehicle executing the project on Old Mahabalipuram Road, said "the process of full refund will commence from 1st April, 2009, and will be completed before 30 September, 2009. The priority of disbursement shall be based on the order of first exit letters received and will be intimated by 10th April 2009." - is alarming. So keep watch friends.............. Last edited by goldman; 31-03-09 at 11:55 AM.

07-04-09	#4
pallavidutta New Member Join Date: Feb 2009 Posts: 17 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	hi huhhhhhhhh every one is alike in real estate sector hard to make difference between authentic and fake ones now

07-04-09	#5
anjali_chauhan New Member Join Date: Feb 2009 Location: delhi Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	hi Incidence like this one are really eyeopening. if big players of this sector will do this then customers will become confused as which builder to trust and which not to trust. if you find other cases like this then do let us know. Thanks & regards Anjali

29-07-11	#10
blaine New Member Join Date: Sep 2009 Posts: 8 Thanks: 0 Thanked 1 Time in 1 Post Rep Power: 0	DLF Capital green Phase II premiums is 4,000 to 5,000 per sq ft. Phase I is built upto 5 floors and phase II tower is built till 1st floor. project is certainly delayed 1 to 2 years. but great return if you can hold on.

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31-03-09	#3
ks2071746 Senior Member Join Date: Nov 2008 Location: Tamilnadu Posts: 855 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Dear friend, So reputed promoter DLF is also no different? ks2071746

29-07-11	#9
maverick_guy Member Join Date: Apr 2011 Posts: 55 My Mood: Thanks: 3 Thanked 1 Time in 1 Post Rep Power: 1	Friends, any update on what is the status of capital greens? Its been more than 2 years after DLF laucnhed this scheme, but I am not sure if they have even started digging?? DLF aparently is in deep trouble in a couple of projects .. they apparently are facing issues in thier Goa project as well

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