jia001

From what I know the indiabulls raigad project is separate. If you look on Indiabulls website it is further away from panvel.
I think Indiabulls idea is to acquire as much land as possible and then plan the projects. It seems sensible as there is no point planning without land in today's circumstances.

I have heard a disney like theme park and a science city are also planned somewhere between panvel and lonawala

peeya

hi guys...i just visited last week...it seems work is going too slow..but gradually it will pik up..lets hope for the best...still they are leveling the ground..and i askd some people who were working there they told they are doing some soil checking what does it mean if any one knw?i think first week we will get call for our 3rd payment...any one know whether they got bank approval???plz tell me if any1 having any new info abt greens project..

jia001

Hi Peeya,

Soil strength and quality are extremely important when building a new building since most building foundations contact soil, not bedrock. Not all soils are the same, so it is vital to get a valid soil test done.

The vast majority of buildings are built on soil, not on bedrock. Soil is a mixture of small, decayed bedrock particles; organic material such as decaying plants, wood and animals; air; and often water.

It is a strong soil and can easily support the weight of the new buildings . Soils vary in type, composition and strength. The differences can be significant. Some soils are very strong and can support significant weight, while other soils are weak and compress under light loads. Foundations should rest on high-quality soil or the weight of the structure has to be transferred deeper into the ground where good soil or rock can be found.

If it is low-quality soil, wide steel-reinforced concrete footings can be used as well as any number of different steel, wood and concrete vertical piers. Piers are vertical columns that transfer the weight of a building deep down into firm soils or make direct contact with bedrock. The bottom of the building foundation rests on the top of these vertical piers much like a table top is supported by the table legs.

Some soils that are strong have other problems that can wreak havoc on new homes. Certain clay soils are highly expansive and contractive. This means they swell and shrink in response to moisture content. The soils move so much and so dramatically that they can tear a new buildings or slab apart with little effort.

cust_indiabulls_panvel

I agree Jia with the importance of soil testing. This obviously has an impact on the design of thebuilding.

Dont you think one would do this PRIOR to announcing the project? the design and strength of the structures required would have an impact on the costing, which would determien the price that u charge the customers.


Anyways, when someone I know enquired about when the copy of the agreement would be availble, the IB guys indicated that it will onlybe available after we have paid 20% amount. Dunno how thse two are related.

cust_indiabulls_panvel

Effective today, Indiabullls is accepting bookings at 2600 per sq/ft.

Soil testing is on. work to be initiated late Jan.

ashkharoo

It's true. I spoke to indiabulls sale office. they are charging now 2600/sqft...

Thanks cust_indiabulls_panvel

Ashky

ashkharoo

Has anyone got idea about this location - Palaspephata Junction

Thanks


Ashky

jia001

Thanks for the update.

They must have had a rough idea about the soil quality and I think what they are doing now is detailed testing. It will shift their costing by a few crores.

If you consider the size, price, location of the project, I think the construction cost is only a minor component of the cost.

It is the brand name and the ability to execute the project which will make Indiabulls earn the hundreds of crores. Money attracts money.

The builders take buyers installments and spend it on construction by contractors, while reaping huge profits.

jia001

Hi Ashky,

Sanvo Resorts does not want to go ahead with the IT SEZ project at Palaspephata Junction. If you want you can view the "Agenda for the 35th meeting of the Board of Approval be held on 11th August 2009" for the govt. committe on SEZs. They took up the request for de-notification from Sanvo Resorts. I think they failed to acquire the land.

-jia

appu54321

I have booked a flat at Indiabulls Panvel and paid the initial sum. People who have already bought can they tell us if IB is going raise any demand note for the payment of balance 10% that is due within 30days.