Dear friends,

Hiranandani Panvel will be launching by next week at the rate of Rs 3600 psf on builtup area.

I was reading through the new housing bill legislature passed by and was signed by Hon. VILASRAO DESHMUKH (Chief Minister) dated 23 July 2007, that builder have to sell the property on carpet area rate and not on builtup or super built up.

For those who are intrested in buying an apartment/villas/penthouse in Hiranandani panvel project please insist the builder to book on carpet area.

Here are the official link for Housing bill legislature:
http://www.maharashtra.gov.in/pdf/HPeng.pdf

Also see the very intresting article in Indian express about the (the Maharashtra Ownership of Flats Act, 1963,)
http://www.indianexpress.com/news/ol...ilt-up/366208/

This mail is just to educate investors and the individual buyers about the new option.

Regards

This mail is just to educate investors and the individual buyers about the new option.

Regards
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  • Originally Posted by NaharAmrit
    same words ... talked to Lopa


    Friends there is no point in wait and watch ....please PM me with your email id and I will add you to a larger group of people who are impacted ..we are joining together to decide next steps ..
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  • I am ready to join the group to fight against Sunney Vista before it is too late. I feel we have to take necessary steps before auction which scheduled on 16th Jan. It would be very difficult to get hold of Sunny Vista people after auction.
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  • so i looked at the e auction notice (link: https://www.pnbindia.in/new/Upload/En/MUMBAI_220114.pdf)
    And it lists the flat numbers specifically. What does it mean if your flat is not listed?
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  • Lopa says - they cant help now .. have some lawyer and call PNB

    Called PNB - They said they are unaware of any building name Selene ...

    wtf ?
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  • It's so strange and there is no accountability!!! What kind of nation we live in!!
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  • Money is gone!!

    Guys,

    I spoke to a lawyer. Unless and until your contract was signed before sunny vista took a mortgage loan from PNB, your money is gone. There are no laws to protect you.

    This is a dead investment now.
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  • It all seems so sad.....money gone with builder like Hiranandani.....difficult to digest typically people have made good money on their Powai project which is a landmark....all this proves to be a good lesson for those who wants to invest in pre-launches and green field projects....however hope people would get together and find way to get their money back in reasonable period of time.
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  • why they are not behind bars ?
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  • Does any one know how they selected 383 flats out of so many that they have sold.

    Note that some of them have taken loan and others have not.

    Also, some have registered and others have not.

    SO what was the criteria to select these 383 flats for the auctions??

    --BK
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  • legal action is being initiated.

    This is one of the most (well) organized group who is initiating a legal fight for our rights.
    I have deposited my contribution and please help this cause.

    https://docs.google.com/spreadsheet/ccc?key=0ApTlwsRln5tRdF9HR29YV0ZaREVLNXpRMjZ5bVJ4a1E&hl=en#gid=0

    There is lot of good information on one of those tabs.
    Please add your information in the member list and get on the e-mail list.
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  • Originally Posted by bkhote
    This is one of the most (well) organized group who is initiating a legal fight for our rights.
    I have deposited my contribution and please help this cause.

    https://docs.google.com/spreadsheet/ccc?key=0ApTlwsRln5tRdF9HR29YV0ZaREVLNXpRMjZ5bVJ4a1E&hl=en#gid=0

    There is lot of good information on one of those tabs.
    Please add your information in the member list and get on the e-mail list.


    The best course of action is to file a PIL in court, to take stay on auction, till all ur flats and building are documented, otherwise it will be a mess once auction happens.....

    Contact any good property lawyer and file a PIL, rest can be done after stay is obtained....It will hardly take 5k to do that....
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  • There was also a bulidling called "Flora" ... anybody invested in that too ?
    That was the premium building .. i guess and the last one offered for customers after Selene was sold out ...
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  • please add me to this list. I own a flat in HPG Panvel and I would like to be included in the email chain.
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  • How do I PM a person ? Pls advice.
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  • If some has had the stamp duty and registration done, what options do they have available at the auction on 16th January 2013.
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