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US Open by Nirmal Lifestyle in Mulund, Mumbai

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US Open by Nirmal Lifestyle in Mulund, Mumbai

Last updated: October 27 2019
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  • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

    Originally posted by Nitin Bhatia View Post
    Hi,

    I recently booked a flat in Aces and builder was prompt enough in doing an agreement within a month. My agreement states the possession date as May 2018. Plus I booked under the scheme where the builder will bear my EMI till possession if it's delayed beyond May'18 which sort of gives me a hope that the builder will now look to finish on time.
    Are you sure Nirmal will pay EMI? I will be pleasantly surprised even if they pay interest part forget EMI

    KK
    Last edited August 3 2016, 12:12 AM.

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    • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

      Yes, that's the scheme under which they are selling the remaining units. I have a letter from them stating the same. I heard this from a couple of guys, not sure about the extent to which it's true, but the Nirmal management wants to overhaul it's image entirely because the world knows that delays are an integral part of all Nirmal projects. They have taken a huge reputational hit because of consumer grievances. So apparently, the new scheme is to assure the new buyers that there would be no delay and if there is they will bear the interest component of EMIs for 18 month May 18, plus under the scheme they are also bearing the entire EMI till May 18. It's there on all their new ads/hoardings. Although, I avoid trusting builders on their promises ( I have had similar experiences even with Runwal), I hoping this scheme would spur them to complete on time.

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      • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

        Originally posted by Nitin Bhatia View Post
        Yes, that's the scheme under which they are selling the remaining units. I have a letter from them stating the same. I heard this from a couple of guys, not sure about the extent to which it's true, but the Nirmal management wants to overhaul it's image entirely because the world knows that delays are an integral part of all Nirmal projects. They have taken a huge reputational hit because of consumer grievances. So apparently, the new scheme is to assure the new buyers that there would be no delay and if there is they will bear the interest component of EMIs for 18 month May 18, plus under the scheme they are also bearing the entire EMI till May 18. It's there on all their new ads/hoardings. Although, I avoid trusting builders on their promises ( I have had similar experiences even with Runwal), I hoping this scheme would spur them to complete on time.
        Don't trust Nirmal. Nirmal is a Fraud builder. There will be certain clauses and disclaimers in this EMI scheme, which Nirmal will use to fool buyers.

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        • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

          Originally posted by Nitin Bhatia View Post
          Yes, that's the scheme under which they are selling the remaining units. I have a letter from them stating the same. I heard this from a couple of guys, not sure about the extent to which it's true, but the Nirmal management wants to overhaul it's image entirely because the world knows that delays are an integral part of all Nirmal projects. They have taken a huge reputational hit because of consumer grievances. So apparently, the new scheme is to assure the new buyers that there would be no delay and if there is they will bear the interest component of EMIs for 18 month May 18, plus under the scheme they are also bearing the entire EMI till May 18. It's there on all their new ads/hoardings. Although, I avoid trusting builders on their promises ( I have had similar experiences even with Runwal), I hoping this scheme would spur them to complete on time.
          Wish you luck and hope you do get your home in time.
          Nirmal wanting to overhaul their reputation is not reflected in the ground realities in their projects. Did you check for the clauses under which they will bear the EMIs caused by delay? I always thought their campaign a few months back was to attract a new set of gullible buyers and get some cash inflows. Imho, In today's time, builders with most honest intention too will struggle to complete projects in time.

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          • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

            My letter does not state any clauses. It simply says that Nirmal will bear my EMI for 18 months and interest component for 18 months post delay. There is nothing else other than this. As a matter of fact, my loan disbursement from the bank happened last month and I have the subvention confirmation form the bank as well. Presently they are bearing my EMIs on the disbursed amount.
            HomeToLiveIn; I agree with you that builders struggle to complete on time, although I doubt how many really have honest intentions :-) I have had similar to horrible experience even with other builders so i am mentally prepared for all this crap. My sibling booked a flat with Runwal in a pre launch, the date of possession in agreement was 2 years away from what was committed during pre launch, stating same old stupid reasons. So frankly, I am least surprised. My such experiences are not limited just to Nirmal.
            Last edited August 3 2016, 12:13 AM.

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            • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

              The only way is to go legal and take the support of law. We are not able to exchange contact on this group. Please arrange a time to meet up at the site and then we can exchange each other contacts and include everyone in the group. Many peoples have gone legal in the group .Rather than hearing to false promises,it is better to get a court order.
              Last edited August 9 2016, 06:33 PM. Reason: clubbed another post

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              • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

                Guys, btw I stay 5 minutes away from the US open project and I can easily watch the progress from my present apartment's balcony and let me tell all of you that there is not even a single worker that I could spot in the last 3 weeks. There was some activity before that but the project is literally at stand still now. I don't even see any machine moving even by an inch.

                As AnilBhadra was stating, it would be good for all to meet once and deliberate on next course of action. Since I am new on this group, if there is a way for me to join a WhatsApp group or something, i can keep everyone updated on what I see everyday. Not sure if the earlier members have already met or taken some action, but if not then let's just raise hands and say who all is ready to come to the site and meet. We can choose some Sunday for a catch up
                Last edited August 17 2016, 11:39 AM. Reason: Typo

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                • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

                  Mr.Nitin I also stay next door to us open ,we can meet at citi of joy parking 3 on Sunday near sand garden .

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                  • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

                    Yes, let's do that but would be very beneficial if other people can join us too. Anyone else who can make it?

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                    • Re : US Open by Nirmal Lifestyle in Mulund, Mumbai

                      Can any body update about progress of ACE Building of US Open in Mulund? Nirmal Lifestyle is playing with buyers. Need to get right information & have to act unitedly.

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