Preet Land Promoters and Developers are coming up with a colony at Sector 86, Mohali, Punjab. They are doing pre-launch of their scheme through a sister company. The price is low compared to the neighboring Country Coloniser, this is going for around 10,500 per square yard as compared to 17,500 of Country. What do you people think? Is this genuine or fraud? Would you people take the risk of going with this? Any other people who have applied in this scheme or similar schemes, pls share experiences.
Read more
Reply
26 Replies
Sort by :Filter by :
  • Hi Safeda,

    I had also invested in preet city. The latest update is that development is going on at a good pace. I had seen myself. Current price i am not sure.
    Plot sizes are 200, 250 and 500 sq yds. Status: They are saying is tht they will be giving possession of around 400 plots with in a month or so. This thing they have been telling since last 6 months.
    If you have any other update than do let me know.
    CommentQuote
  • Originally Posted by gpskang
    Hi Safeda,

    I had also invested in preet city. The latest update is that development is going on at a good pace. I had seen myself. Current price i am not sure.
    Plot sizes are 200, 250 and 500 sq yds. Status: They are saying is tht they will be giving possession of around 400 plots with in a month or so. This thing they have been telling since last 6 months.
    If you have any other update than do let me know.


    they are saying the same for last 1 years , but didnt deliverd the possesion of any plot to any body , more over there is court case is also pending (for some piece of land . ie for 17 kanal & 16 marla of village PATTI SOHANA) against the said party in the court of Shri Nagpal ji in mohali.
    please beware every body .GPS Kang ji if u wants to know more u may call me at 98140-15945, i can tell u in detail
    CommentQuote
  • dear members
    many members have made an enquiry from me about PREET CITY, i here by again inform to the general public that there is dispute of land between us and preet city , for partition and possesion of our land measuring about 1 kanal ( total disputed land is 17 kanal & 16 marlas, out of which we are owner of about 1 kanal) they have occupied our land for which we have filed a civil suit in the court of Shri VINOD NAGPAL ( judge) at mohali courts.
    so any buyer of plot ( falling in disputed khasra numbers ) will have to face problem or court case ,
    it is advised to general public beware about it
    thanks
    CommentQuote
  • Kuku ji you must be local thanks for information

    Is there any other local information available

    What about mgf and unitech

    Do wave own all the sector they are claiming is there any risk in buying from wave as well

    Which area of greater Mohali is litigation free
    CommentQuote
  • reg PREETCITY sector 86

    dear sir
    I am concerned with preetcity only, because they have occupied our land , thus i posts my views/reality , other wise i dont know about any other project/mega project
    regards
    kukudhanoa
    CommentQuote
  • preetcity mega project is not a successfull project
    beware , think thousand times before buying any plot in preet city sector 86 mohali
    CommentQuote
  • it is brought in knowledge of general public that PREETCITY sector 86 ,mohali has reduced the size of plots by approx 10% , where as they have charged full amount from the plot buyers , but now they says that they will deliver the possesion of plots with in 2 months , but 5 weeks have been passed , still the layout is not sanctioned by CTP GMADA , more over they will give the plots approx 10% less than they have promised , so dont beleive in PREETCITY
    CommentQuote
  • Good day sir
    Can anyone suggest when is the possession for 250 sq yd plot expected in preet city? what is the premium expected? Thanks in advance...Please share ur views.
    CommentQuote
  • Good day

    Still awaiting for your esteemed views as I am confused whether to retain my 250 sq yd preet city plot and wait for possession or shall I sell it and at what price ??? Pls kindly help, since I am now posted outstation therefore seek guidance from people who have done their research for this project. Thanks again in advance.
    CommentQuote
  • Preet land Promoters are a bunch of fraudsters and crooks....beware a lot of people are suffering because of these idiots...
    CommentQuote
  • In next few months it will be 10 Years since this thread started. Really, disappointing to see the failures of projects execution in TriCity.

    What is the success to failure ratio of projects in TriCity. Is there any project which was launched and got completed within 3 years in TriCity ?
    CommentQuote