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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 savvy_v View Post
    B,
    What was duration
    1] In between Booking
    2] Registration of ur property at plinth level{ In Months}? Can u plz specify to Buyers.... FORUM friends...
    Approximately 2yrs. Booking in 2009, Plinth completion in 2011.

    Originally posted by savvy_v View Post
    3] Can u also guide ... There was clause of 2 years block -Unlock period for Phase-2 Buyers.. Now still its there for People who opt for SELENE-FLORA....
    What was registration date /amount u paid for the end product of your flat?
    I m not aware of any such clause. Information like registration cost and all you can get it individually from your RMs, since it is different for different flats (proportionate to the area of flat). RMs will definitely get you all the precise figures for your flat.

    Originally posted by savvy_v View Post
    4] How was their approach when doing Reg formalities completed by HPG, were they line-ant and more cooperative...? was there any hurdles u faced while registering the flat...?
    They were v co-operative. Registration went really smooth.

    cheers,
    B

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

      NMIA - please do not spread rumors.

      Three times cost escalation in New Mumbai airport project: CM | Business Standard

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

        Im a shareholder in Hirco plc. 2007 was a very different era in financial markets. Lots of foreign property companies raised a lot of cash in London. Most of it has been lost. Western investors probably seduced by Hiranandani's previous track record and also probably thought he wouldn't want to damage his reputation if he had plans to raise further funds overseas. Fair to say no one will ever go into partnership with them again given their track record with Hirco.

        Those invested in the projects and who aren't particularly bothered by delays don't really have much to worry about. Projects will get delivered eventually. Whether they will be rebranded is another matter. Hirco will simply bring in external contractors to finish off the project if they are able to gain control of the projects again.

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

          Originally posted by vestore View Post
          Im a shareholder in Hirco plc. 2007 was a very different era in financial markets. Lots of foreign property companies raised a lot of cash in London. Most of it has been lost. Western investors probably seduced by Hiranandani's previous track record and also probably thought he wouldn't want to damage his reputation if he had plans to raise further funds overseas. Fair to say no one will ever go into partnership with them again given their track record with Hirco.

          Those invested in the projects and who aren't particularly bothered by delays don't really have much to worry about. Projects will get delivered eventually. Whether they will be rebranded is another matter. Hirco will simply bring in external contractors to finish off the project if they are able to gain control of the projects again.
          Can u share a timeframe as to how much time it will take for things to settle down also can u share some insight on the rumours that Niranjan will take over Hirco's Panvel project by April end.

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

            Arbitration isn't a simple process. Will probably take at least 6 months to a year. Possibly longer. Niranjan is full of BS. There is zero chance of him taking over Panvel unless he makes an offer which is acceptable to Hirco Plc shareholders. He thinks he is being generous at 55p. He would need to offer closer to 150p to have any chance

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

              Flat owners must pay more for late registration: Govt

              ​Flat owners must pay more for late registration: Govt - The Times of India

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

                New airport delay will dent Navi Mumbai real estate prices | Firstpost

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

                  It is high time we give away our virtual names , let each other know our identities and form a yahoo or facebook group and jointly ask Horanandani for an explanation. If they play hide and seek game we have to form a public facebook group and do anti-publicity for them ..

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

                    No timeline to acquire land for Navi Mumbai Airport: Maharashtra chief minister Prithviraj Chavan - The Economic Times

                    All of a sudden politicians have started giving negative statements about NMIA ..looks like they have got all murgas in this area and will shift the focus in newareas ..

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

                      They have already sold their plots for huge profits so don't think they care any more.

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