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Palace Garden, Hirco Group, Panvel, Mumbai

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Palace Garden, Hirco Group, Panvel, Mumbai

Last updated: July 11 2017
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  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

    Originally posted by malkotia View Post
    If the battle ultimately turns out to be between Hiranandani family Vs HIRCO plc then it will be beneficial for us as well. But on top of this there is infighting between family members as well ...Also there are no customers secured for commerical yet which is going to be critical for habitation and development of area and that is the reason HIRCo has slowed down the construction. As Realbuyer mentioned , the wrk on only two buildings is in progress. HIRCO will complete these two buildings and annouce that phase-1 handover has started ..that way they can show that they have delivered to their committment ..after that it will be wait and watch based on the development in that area...HIRCO would have already pocketed 95% of the money from phase-1 buyers and 20% from phase-2 buyers so they have nothing to lose and everything to gain ..

    U may be partly right....
    But as of today.... baring 2 buildings,they have to hand over the phase-1 to customers,otherwise HPG will be Mess...
    Ther prime challenze is how to come out of mess, & deliver phase-1, with PRIDE whatever left..
    I am sure Big Giants liek Niranjan will be having MBA 's with them who can guide better in interest of customer's.
    Off course, delay in Phase-2 is expected.

    As matter of registering product,
    Well, Any property can be registered in Stipulated time.... Delay in registration will either give benefit for customer from their point of view.It does not benefit SALER.
    Last edited March 29 2013, 02:41 PM.

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    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

      Originally posted by realebuyer View Post
      Savvy_v if approvals are in place then registration should start for phase 2.....ask them if you can register your property if they give you an excuse then there is something wrong.

      ANSWER IS HERE;
      We need to do Registration & stamp duty for our flat VENUS Before plinth charges?[] - the Agreement can be registered once the Plinth level is constructed. We cannot register the apartment prior to the construction reaching Plinth Level.

      do u see any thing wrong.....

      opine ur view;

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      • Re : Palace Garden, Hirco Group, Panvel, Mumbai

        Originally posted by savvy_v View Post
        ANSWER IS HERE;
        We need to do Registration & stamp duty for our flat VENUS Before plinth charges?[] - the Agreement can be registered once the Plinth level is constructed. We cannot register the apartment prior to the construction reaching Plinth Level.

        do u see any thing wrong.....

        opine ur view;
        In my view this is crap.......if you have all the approvals in place there is no need to wait for plinth.....please take this RM to task for giving such lame excuse
        Last edited March 29 2013, 04:03 PM.

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        • Re : Palace Garden, Hirco Group, Panvel, Mumbai

          HI Savvy,
          I was asking who is ur RM,can u plz share,thx.

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          • Re : Palace Garden, Hirco Group, Panvel, Mumbai

            Originally posted by savvy_v View Post
            U may be partly right....
            I am sure Big Giants liek Niranjan will be having MBA 's with them who can guide better in interest of customer's.
            SALER.
            Well savvy_v if you tell this to anyone who has worked in Real Estate you will get your answer.....well to be honest when it comes to MBA's hiranandani has the least no of MBA's in the whole industry and probably their wages are the least in the industry......you can get these facts confirmed if you know anyone in Hiranandani personally.......I personally hope that HPG Panvel does not become another Powai where half of the Buildings do not have BMC water supply and more that 30% of the flats are still without OC....these somehow are the harsh realities of the Hiranandani Gardens Powai.

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            • Re : Palace Garden, Hirco Group, Panvel, Mumbai

              Trial starts in Powai Housing Soc scandal

              Five persons, including the Hiranandani brothers and the director of Hiranandani Constructions, will be appearing in court today on charges of cheating a group of homebuyers.

              Vathsala Shenoy, the complainant, was promised a flat in 1985 by a builder, SC Dand, one of the accused in the case. At the time, Dand was taking booking under a project called the Powai Park Social Housing Scheme, which is now brought over by Hiranandani Developers.

              Dand had reportedly booked 285 homes under the scheme. Shenoy had booked two flats under the scheme and was granted membership in 1990. She had paid Rs 3.19 lakh. However, till date, her family has not moved into the promised flat nor have they been given their money back. “We did not purchase any other home, hoping that we would be moving here,” said Shenoy.

              Dand had started construction on the ground floor, but could not finish the contract he took up as he had run out of money. He then approached the Niranjan Hiranandani and offered them to take over the development project, and asked the Hiranandani Group to pay the settlement amount to the members of the housing scheme. “We do not know how many bookings Dand had made. We do not know what he did with the money either. He took responsibility of settling the matter with the members,” said Sanjay Parekh, the general manager, business development management of the Hiranandani Group.

              Parekh also pointed out that the agreement was divided into a land and construction agreement. “Dand had only taken the money in accordance to the land agreement.

              The construction agreement was due to be signed and thus the complainant cannot hold him liable for the flat,” added Parekh. The Hiranandanis had also met the Shenoys and offered them the settlement amount that they had offered to the 170 members at Rs 2000 per sq.feet. “A flat in Mumbai costs more than Rs 1 crore now. How can I buy a home with the money I am being offered? In my petition, I have asked for compensation in accordance to the current market value in Powai,” said Shenoy.

              Meanwhile, Hansa Dand, along with 25 other people, in a similar plight, who were not around when the compensations were offered, plan on taking up the issue with the Bombay High Court.

              “We are planning to get all the 25 people who want their flats that they had paid for and file a case in the High Court,” she said, alleging that Hiranandani Constructions had offered them Rs. 20 lakh as compensation.

              Earlier, the court summoned the accused including Surendra Hiranandani and his brother Niranjan Hiranandani on February 6, 2013. They both were granted bail applications and will be appearing for the first trial hearing along with two of the other accused on March 6.

              Dand, the director of the Powai Housing Development, the primary accused, passed away and his name was deleted from the list of accused.

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              • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                Originally posted by realebuyer View Post
                In my view this is crap.......if you have all the approvals in place there is no need to wait for plinth.....please take this RM to task for giving such lame excuse
                Already taken in to TASK....
                I saw always negativism in ur posts. have u faced any issues with HIANANDANI, probably u may be opponent in this forum , working on some otehr behalf....? dono just curious...

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                • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                  Originally posted by savvy_v View Post
                  Already taken in to TASK....
                  I saw always negativism in ur posts. have u faced any issues with HIANANDANI, probably u may be opponent in this forum , working on some otehr behalf....? dono just curious...
                  Yes, I also feel same way( about negatism). Every body knows life has dualities, but it is also know that Mr Niranjan is one of the most respected figure in the indian real estate industry.

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                  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                    Construction Update - No splitting of realty trade: Hiranandani
                    Ur views REAL, SEEK, BHUSHAN...MALKOTIA>....

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                    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                      Originally posted by savvy_v View Post
                      Already taken in to TASK....
                      I saw always negativism in ur posts. have u faced any issues with HIANANDANI, probably u may be opponent in this forum , working on some otehr behalf....? dono just curious...
                      well i don't belong to any party but like to share whatever info i have which will be helpful to others.......

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