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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 ..[/QUOTE] 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." 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Originally posted by malkotia
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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.
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