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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Gurgaon > Getting an offer of 2600 psf in ild spire grand
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Old March 30 2012, 02:32 PM   #11
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ILD is a third grade builder..... Stay Away........

In their commercial project (ILD Trade Centre, Sohna Road) they increased the super area and demanded the increased area at "Market Rates"......................


They are absolute cheats......

Stay away
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Old March 30 2012, 07:01 PM   #12
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I agree St Anger...in today's internet world the days of hidden gems are gone and days of hideen traps are ON. When I last checked I was also told there is a complusory charge of Rs 350 which they call as specification charges besides BSP,PLC and other regular which makes the BSP closer to 3000.

Increasing super area at market value is a new concept for me.

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guys!!!


Is this the hidden gem we were all looking for??? Most likely not!!! Just need some justifications for the undervalued 2600 in this obnoxiously offensive market rally!!!
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Old March 30 2012, 07:07 PM   #13
 
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Quote:
Originally Posted by golu11 View Post
I agree St Anger...in today's internet world the days of hidden gems are gone and days of hideen traps are ON. When I last checked I was also told there is a complusory charge of Rs 350 which they call as specification charges besides BSP,PLC and other regular which makes the BSP closer to 3000.

Increasing super area at market value is a new concept for me.
Builders have a team of brainies who devise ingenious technology to screw the customers
 
Old April 8 2012, 08:35 AM   #14
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Icon18 ild spire greens

Hey guys thanx for all the inputs.The house is a resale one and the seller has purchased it in 2010 @2200/sf now he wants to sell it in 2600/sf + the specification charges of 350 /sf + 10L additional charges.The reason he quotes for resale is he is not able to pay the installations to the company.Already 80% payment has to be submitted while he has only submitted 5.5L.Furthermore he is not having the seller buyer agreement with the company as he has not paid 20% of the bsp.

My request to u all is to guide me in this deal is
a) what all things i have to keep in mind before proceeding further.
b) he is asking a token money of 2L on agreement .should this agreement has to be notarized?
c) how improtant is seller buyer agreement for taking a housing loan?
d) what if he takes the token money and vanishes?

thanks in anticipation.

jojobhai.
 
Old April 8 2012, 09:49 AM   #15
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In case you still want to proceed for this deal (which no one will recoomend until you've some specific reasons to enter in this trap)

1. Get identification of seller (Copy of Passport, Pan Card, residence proof etc.).
2. Get photocopy of all document recd by him from ILD (incl receipts etc.).
3. Visit ILD office personaly and discuss below things :-
a. Can this unit be transferred? (Of course they'll say No since 20% is not paid)
b. How much is the non-payment charges. Normally 18% interrest on all pending payment will be huge money which you'll be shocked after knowing.
c. What are the transfer documents required by company?

4. Once you're through with above, just handover money to seller (through DD) and get the transfer documents sign-off. There is no need to give token money etc.

If you need any further advise (absolutely free), you may send me mail at ONS@consultant.com
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Old April 11 2012, 12:11 AM   #16
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Hey thanx visha78 for your advise

can you please elaborate on the following.

1. why i should not enter in this deal.
2. There is a broker in between who is insisting on the token amount.
3. The seller is telling that he will be paying the 20% amount and will get the buyer seller agreement.
4.He is promising to pay the non payment charges which is around 4.5 lakhs.
5.Can the deal go through without token money.

regardscleardot
 
Old April 12 2012, 12:33 AM   #17
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Quote:
Originally Posted by jojobhai View Post
Hey guys thanx for all the inputs.The house is a resale one and the seller has purchased it in 2010 @2200/sf now he wants to sell it in 2600/sf + the specification charges of 350 /sf + 10L additional charges.The reason he quotes for resale is he is not able to pay the installations to the company.Already 80% payment has to be submitted while he has only submitted 5.5L.Furthermore he is not having the seller buyer agreement with the company as he has not paid 20% of the bsp.

My request to u all is to guide me in this deal is
a) what all things i have to keep in mind before proceeding further.
b) he is asking a token money of 2L on agreement .should this agreement has to be notarized?
c) how improtant is seller buyer agreement for taking a housing loan?
d) what if he takes the token money and vanishes?

thanks in anticipation.

jojobhai.
how would you make sure that the compnay has not already cancelled his unit? since he is defaulter he would ask for heavy token moneyu to clear off the interest and overdues otherwise transfer wont happen.
 
Old April 13 2012, 10:18 PM   #18
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hey golu i ve checked up wid the company the unit is in his name only.
got a copy of buyer seller agreement.interest is around 4 L
 
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