Park Street Sapphire park - Pune - Page 3 - Indian Real Estate Forum

realacres · 12-07-09

Quote:

Originally Posted by inavdeep

the area (wakad/PS) stands just for two reasons .. hinjewadi and near to mumbai. Rest there is no real commercial development. It will take 6-8 years to give you a almost city like feel. The pace is quite slow. Look at last 2-3 yr development.
The region which may be compared to early days of Noida/gurgaon but the development was fast in NCR.
Importantly there almost no 1st tier builders with their projects.
Its a pure investment area with 5-10 years of horizon if looking for good ROI

True. Add to it no sanctioned development plan for Wakad.

pawan_powar · 13-07-09

Is this project pre-approved by SBI (for home loan)?

skamat · 25-07-09

Quote:

Originally Posted by harishkulks

Hi...I am an owner in Sapphire Park. I have a 3 BHK flat here.

Lets be in touch. Thx -

hello, TJ, harishkulk, i am owning a 3BHK in safire park as well and would like to connect to you. can you send me your email ids please?

harishkulks · 25-07-09

Quote:

Originally Posted by skamat

hello, TJ, harishkulk, i am owning a 3BHK in safire park as well and would like to connect to you. can you send me your email ids please?

Dear skamat...Yes lets get in touch....pls mail me. Thx - Harish Kulkarni

tj2008 · 30-07-09

All,

I will soon update in detail all the prospective buyers and owners of the issues with ParkStreet that I faced. (All evidences can be prodecued if reqd.)

Sales Department will promise lots of things and all those are only for marketting and has no relation with the Agreement that they make you sign.
And all those promises made by sales has no validity once you sign the agreement as mentioned in Agreement.
When you ask for all legal documents and question about the validity of what they promised you during booking, you will be suggested to discontinue your deal and your will be cut off inbetween conversation.

Very Small example of their blunders are -
1. Maintenance cost told by sales dept is Rs 2/psft and agreement asks for Rs2.5/psft and you are entitled to pay additional cost per month on behalf of un sold flats in the said scheme.
2. No mention of Other Charges you are paying in agreement. Parking / Club House etc. Promised Parking is covered, agreement says covered/uncovered and you have no rights to challenge the same even if you paid for it which has no mention in agreement.
3. They promise you possesion in 12 months, but as per agreement you will not get possesion until 24months from building Plinth checking certificate and date of which they never mention to you.
4. They will say 65% work is already completed, when asked for Architect Certificate, they will refuse and start saying its commencement and not completed.
5. Your payment schedule is not linked with actual work progress. Actual work progress will be only 25-30% and you will end up paying them more than 85% amount.

I know few people are really happy with their deal with ready possesion flats, but pls think of others who don't want to buy from left outs in the bucket and want to select flats of their choice from under construction buildings.

No offense with those owners, but everyone will not get the flats of their choice from ready possesion.

Adjustment is the only solution?
NO, fight for what they promised you. We all need support from each other to get what you are paying for.

I will continue my deal with them only if I get Agreement updated as per the promises made by Sales Department.
If you still want to deal with them and give your hardearned money and still get a beggar like treatment then feel free to be a BEGGAR by paying them.

If I see any positive steps taken by them to correct these bulnders from their side then I will update you to help you make your decision.

harishkulks · 31-07-09

Quote:

Originally Posted by tj2008

All,

If I see any positive steps taken by them to correct these bulnders from their side then I will update you to help you make your decision.

Thats why I did go for a ready possession flat before I end up arguing with them against what is written in the agreement as ready possession flats are the actual facts.

My experience with their accounting dept was horrible.But they somehow helped me out when put under pressure.Thx-Harish..

m_square · 31-07-09

they are not coming down to even 2975/sq ft.. forget abt 2500

sarveshdayal · 31-07-09

Hi,
Read a lot of reviews both good and bad about Park street

We are about to finalise Sapphire Park
Pl assist us should we go ahead?
Why are the +ves and -ves
Thanks

chinmay686 · 31-07-09

Quote:

Originally Posted by sarveshdayal

Hi,
Read a lot of reviews both good and bad about Park street

We are about to finalise Sapphire Park
Pl assist us should we go ahead?
Why are the +ves and -ves
Thanks

whats the final rate tht u have negotiated for?

chinmay686 · 31-07-09

Quote:

Originally Posted by sarveshdayal

Hi,
Read a lot of reviews both good and bad about Park street

We are about to finalise Sapphire Park
Pl assist us should we go ahead?
Why are the +ves and -ves
Thanks

final rate?

30-07-09	#25
tj2008 New Member Join Date: Jun 2009 Posts: 13 Thanks: 0 Thanked 0 Times in 0 Posts	BIG DISAPPONTMENT with PARKSTREET All, I will soon update in detail all the prospective buyers and owners of the issues with ParkStreet that I faced. (All evidences can be prodecued if reqd.) Sales Department will promise lots of things and all those are only for marketting and has no relation with the Agreement that they make you sign. And all those promises made by sales has no validity once you sign the agreement as mentioned in Agreement. When you ask for all legal documents and question about the validity of what they promised you during booking, you will be suggested to discontinue your deal and your will be cut off inbetween conversation. Very Small example of their blunders are - 1. Maintenance cost told by sales dept is Rs 2/psft and agreement asks for Rs2.5/psft and you are entitled to pay additional cost per month on behalf of un sold flats in the said scheme. 2. No mention of Other Charges you are paying in agreement. Parking / Club House etc. Promised Parking is covered, agreement says covered/uncovered and you have no rights to challenge the same even if you paid for it which has no mention in agreement. 3. They promise you possesion in 12 months, but as per agreement you will not get possesion until 24months from building Plinth checking certificate and date of which they never mention to you. 4. They will say 65% work is already completed, when asked for Architect Certificate, they will refuse and start saying its commencement and not completed. 5. Your payment schedule is not linked with actual work progress. Actual work progress will be only 25-30% and you will end up paying them more than 85% amount. I know few people are really happy with their deal with ready possesion flats, but pls think of others who don't want to buy from left outs in the bucket and want to select flats of their choice from under construction buildings. No offense with those owners, but everyone will not get the flats of their choice from ready possesion. Adjustment is the only solution? NO, fight for what they promised you. We all need support from each other to get what you are paying for. I will continue my deal with them only if I get Agreement updated as per the promises made by Sales Department. If you still want to deal with them and give your hardearned money and still get a beggar like treatment then feel free to be a BEGGAR by paying them. If I see any positive steps taken by them to correct these bulnders from their side then I will update you to help you make your decision.

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13-07-09	#22
pawan_powar New Member Join Date: Jul 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Is this project pre-approved by SBI (for home loan)?

31-07-09	#27
m_square Member Join Date: Jul 2009 Posts: 461 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	they are not coming down to even 2975/sq ft.. forget abt 2500

31-07-09	#28
sarveshdayal New Member Join Date: Jul 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Hi, Read a lot of reviews both good and bad about Park street We are about to finalise Sapphire Park Pl assist us should we go ahead? Why are the +ves and -ves Thanks