prateeksin

Can some one throw some light on the progress of Parsvnath City,sonepat.

sauravsbban

Brother ..
Parsvnath aur progress ka dur dur tak koi nata nhi..
Switch ur money to other projects like jindal eldeco ansal ..

prateeksin

My bad luck,

Am struck in Preston project!!bought a 3bhk in downpayment plan..

construction hasnt started for past 3 years!!

thinking of taking legal course now..

deepak82_mca

Buddy take the money out as soon as you can. Builders like parsvnath,supertech, jaypee are extremely responsible for ruining Indian property market. They keep launching new projects every 2nd day & constructions not even started on half of their sites. I see people like us loosing their hard earned money saved for affordable housing when this property bubble bursts which seems very near now, considering the rough patch Indian economy going through. GDP gone down to its 2 year low, rupee value down to almost 3 years, these are all indications of 2012 being real tough for us Indians.

prateeksin

Thnx for the concern...

i wanted to withdraw/cancel my booking,but they are not letting me to do that!!thsts y thinking of legal action..

sauravsbban

Dear first of all check it in your agreement with the builder
Whether it has penalty clause for delay or not ..
If it has penalty clause then ur case would be strong..
Secondly u should always opt for
Construction linked payment plan (clp) ..
People opt for down payment plan becoz they think they are getting
10% rebate in this plan ..
But on average a project takes 3 years any builder
To complete that particular project ..
That means if u had not opt for down payment plan and opted for clp.. U could
Have earned 30% risk free returm in fixed deposit..
So from next time be wise while investing ..
Happy investing..

sauravsbban

I would say switch ur investment in the jindal project
In sonepat .. They have penaly clause for delay after 2.5 years
And u can even take out ur money in case if delay ..
And great appreciation is expected in 3,4 years..
Prefer villas in sonepat as they are cheaper at present ..
And also there is limited supply of villas ..
Or check ready to move eldeco villas just after parsvnath and omaxe..

Checkout:
Jindal Global City Sonepat,Global City Sonepat,Jindal City

sauravsbban

Yaa true I forget to mention floors in jinal would be best option fir him and with in his budget too with duperb elevation .. And brand name jindal ..
Wat say ritesh ??
What are the rates of plot in jindal...??

prateeksin

switching my investment is a distant option!!

builder is not ready to cancel my booking...

adit0083

these builders suck the life out .....very difficult to negotiate and get anything back from them,,is their any project that has been launched or still in the wings...

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