Reason behind Ackruti Countrywoods shoot-up sales!! - Page 26 - Indian Real Estate Forum

ramkumar · 31-08-10

Quote:

Originally Posted by hitmady

If it actually gets delayed then customers may suffer coz locking money and letting go better/ready-possession opportunities.

PROJECT is already late and once you are late , its very sure that it may take another 2-3 yrs for completion.

Win -Win situation - Only for builder !!!

There are many projects which were launched 1-2 yrs ago in kondhawa area . The Unnati Dham, Hill view, Nirman Puram and Sukhada Varada Sankul are nearing completion.
in competition, ackruti is lagging far behind.

hitmady · 31-08-10

Quote:

Originally Posted by ramkumar

PROJECT is already late and once you are late , its very sure that it may take another 2-3 yrs for completion.

Win -Win situation - Only for builder !!!

There are many projects which were launched 1-2 yrs ago in kondhawa area . The Unnati Dham, Hill view, Nirman Puram and Sukhada Varada Sankul are nearing completion. in competition, ackruti is lagging far behind.

Thanks Ram. Now it's clear that builder have introduced 20:80 scheme as a cushion for project-delay

Old-customers may be happy coz higher-rate (perceived-appreciation) in 20:80 scheme. New-customers won't bother much about project-delay. In the end builder will enjoy loan-free money for 2/3 years

m_square · 01-09-10

Quote:

Originally Posted by ramkumar

PROJECT is already late and once you are late , its very sure that it may take another 2-3 yrs for completion. Win -Win situation - Only for builder !!!

Ohh really .. thanks for informing.. this was an eye opener

Quote:

Originally Posted by hitmady

New customers wud anyway pay remaining 80% on possession. And they will pity old-customers coz their 80% amount is sucked in the project.

payments are based on the construction progress.. so its not 80%

much below than it

hitmady · 01-09-10

Quote:

Originally Posted by m_square

payments are based on the construction progress.. so its not 80% much below than it

Builder finishes, 70-80 % and then take another 1/2 yr for internal work.

m_square · 02-09-10

Quote:

Originally Posted by hitmady

Builder finishes, 70-80 % and then take another 1/2 yr for internal work.

Nope.. internal works have also got a percentage of disbursement involved..

realacres · 02-09-10

Seems Ackruti is very, very transparent, thanks to the involvement of Sharad Pawar in Ackruti group as well

. How did Crisil not award them 7 star??

m_square · 03-09-10

Quote:

Originally Posted by realacres

Seems Ackruti is very, very transparent, thanks to the involvement of Sharad Pawar in Ackruti group as well

. How did Crisil not award them 7 star??

what are these stars man.. I only know abt 5-stars .. chocs

havent visited the site recently.. heard that 6 slabs are complete.. yet they are not asking the disbursement even for 4rth slab as they still are in the process of getting some architect certificate for the 4rth slab..

RAJESHP · 03-09-10

Taking from other thread..

Quote:

Originally Posted by m_square

ackruti countrywoods are charging parking in the booking amount itself..

In the agreement, the parking is leased (not sold) to the owner for 99 years for Re 1 ..

Page 1, post #5

http://www.indianrealestateforum.com...-sc-13228.html

sandy77 · 03-09-10

Tarang Patel used to some funny statements like

"We are thinking of putting SBI in black list."

why?

Because SBI in not releasing payements?

why should SBI release the payments even if ackruti has not started construction and not submitted required docs to SBI.

ackruti needs payments much before the construction phases. Hence they do recommend HDFC.

realacres · 03-09-10

Quote:

Originally Posted by sandy77

Tarang Patel used to some funny statements like

"We are thinking of putting SBI in black list."

why?

Because SBI in not releasing payements?

why should SBI release the payments even if ackruti has not started construction and not submitted required docs to SBI.

ackruti needs payments much before the construction phases. Hence they do recommend HDFC.

This is new man!! I think SBI has financed this project right, if so, how can they even think of putting it on blacklist?? And who the builder is to ask buyers from where to take the loan?

02-09-10	#256
realacres Veteran Member Join Date: Jun 2009 Posts: 5,686 My Mood: Thanks: 15 Thanked 48 Times in 35 Posts Rep Power: 1	Seems Ackruti is very, very transparent, thanks to the involvement of Sharad Pawar in Ackruti group as well. How did Crisil not award them 7 star?? __________________ It takes Hands to build a House but only Hearts can build a Home!

03-09-10	#259
sandy77 Member Join Date: Nov 2009 Posts: 73 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	tarang recommeds HDFC Tarang Patel used to some funny statements like "We are thinking of putting SBI in black list." why? Because SBI in not releasing payements? why should SBI release the payments even if ackruti has not started construction and not submitted required docs to SBI. ackruti needs payments much before the construction phases. Hence they do recommend HDFC.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Brokers and their sales pitches in recession	amit_2009	Real Estate Humour	1	20-10-10 02:09 PM
No Property sales for the last one year in Chennai	chataara	Chennai	266	17-08-09 04:58 PM
Dreams Akruti :: Hadapsar	saprenikhil123	Pune	4	26-06-09 09:27 PM
New coding system to track property sales	mohan	General Real Estate Discussion	2	08-05-09 10:35 PM
Feng Shui in Real Estate Sales	Happy	Home Loans, Relocation, Vaastu Shastra	0	17-01-07 02:50 PM