This is specifically for India bulls panvel phase 2 - current rate is around 4999 / no floor rise..Please let me know if you think it's good
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  • Consumer Grievance Redressal Platform

    CNBC Awaaz channel has initiated by taking complaints directly to the concerned companies.
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  • Originally Posted by humble_guy
    Hiranandani Panvel township has been scrapped and is under auctioning process. Similarly the large scale township projects around Panvel like Indiabulls and others are in doldrums. There is ZERO investor interest and also due to inability of the govt to create the navi mumbai airport even after all their efforts in the last 10 years has made this region very risky. There is no guarantee of anything.

    Both the Developer and the Investors are left hanging... (investors are in a worse situation than the developer, who is just enjoying the money without constructing anything.)

    Hi bro i had always said that I dont like this New Mumbai - Panvel belt at all ... Its just running on one airport story since past 10 years and will continue to do so for another 10 years ...
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  • :( Earlier phase 2 construction commencement was told in Jan 2014. Now as per posts, it is postponed to Aug 2014. Even this will happen only if they get approvals /CC. Reasons for delay in construction is not imaginable when all other leading builders have gone ahead with implementing their projects.

    Many have ventured looking to the facilities offered for Club Moss. Status of its approval is not also not clear. Any update on this score.
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  • that means if no airport all people will sell there houses,and if yes what they do,all are not buying because of airport,people cannot buy in cities thats why this places where people buying they can afford.
    if its because of airport people would never buy in badalapur or virar
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  • Hi everyone. Thank you to all for your insight. I spoke to the IB call center some days back for Phase II booking. First she told me they are not accepting booking but asked to call next day to check if they have any flats. I did call next day and was offered a 2 BHK inward facing on 3rd floor for 4000 sapce of 1275. I would have applied but after reading this forum I have started doubting my decision. The other choice is Marathon Nexzone which is being offered at 5151 psf. Would lover to hear views of other folks on the thread.

    Thanks in advance.
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  • new master plan

    now no club moss in project
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  • Originally Posted by GreenWorld
    Until now, Indiabulls customer service had been saying "We are waiting for the commencement certificate for phase-II and it would take 3-4 months". Couple of weeks back they failed to get the approval from FIRE DEPARTMENT and they are going to change the master plan now. All the approvals must be in place before CC can be applied. In this case how did they apply for CC without any approval from the FIRE DEPARTMENT ??? Here is the approval process for construction in Mumbai (hope it is same in Navi Mumbai too)....


    Below is a detailed summary of the procedures, time and costs to build a warehouse. This includes obtaining necessary licenses and permits, completing required notifications and inspections and obtaining utility connections.

    1 Submit application and design plans at the Building Proposal Office of BMC and pay scrutiny fee (Municipal)
    The building company submits an application form with plans and all required documents, as prescribed by Section 373 of the BMC Act, at the Andhuri Building Proposal Office of the BMC. If all documents are in order and the file is complete, the building company can proceed to payment of the scrutiny fees. Fees are paid in the same building by cash or bank draft. Once the fees have been paid, the application file is forwarded to the concerned officer in the Building Proposal Department. Then the file is forwarded to the Survey Office, which make its remarks on the application file and check the remarks from the Development Plan office (obtained during the design stage of the project). If the Survey Office is satisfied with its review, it will send the application file back to the Building Proposal Department within one week. The cost for this procedure is INR 28 per square meter of the built-up area/plot area, whichever is larger.
    1 day INR 36,417 (application fee INR 28 per square meter of plot/built up area which ever is larger)

    2 Receive site inspection from the Building Proposal Office of the BMC (Municipal)
    A sub-engineer from the Building Proposal Office will conduct a site inspection within 3 to 4 days of receiving the file from the survey office. The date and time of the site inspection are arranged by the company’s architect. The building company must be on-site when the inspection takes place.
    1 day No cost

    3 Obtain "intimation of disapproval" (building permit) from the Building Proposal Office and pay fees (Municipal)
    After the site inspection, the application file returns to the Building Proposal Office to receive an intimation of disapproval (authorization). The concerned sub engineer scrutinizes the proposal and forwards the report to the assistant engineer and executiive engineers. The proposal is approved at the executive engineer’s level if no concessions are involved. There are 3 executive engineers in the main BMC office and 2 in the Andhuri office (the latter is the office considered for the purposes of this study). Complete applications that do not require concessions (i.e., claiming of areas free of FSI as per provision in DCR 1991, deficiency in open spaces etc.) can be approved within a week. However, a majority of applications require some concessions and further scrutiny so must be forwarded to the competent authorities. This latter process may take 30 – 90 days to complete. The intimation of disapproval is issued with a list of "no-objection certicates" (NOCs) which the applicant must obtain separately from various departments and government authorities. Final clearance to build will only be given once the company obtains all NOCs. The NOCs assigned to the intimation of disapproval are case specific. For the purpose of this study, Doing Business has determined 7 basic NOCs that are required for almost all projects: 1. Tree Authority; 2. Storm Water and Drain Department; 3. Sewerage Department; 4. Hydralic Department; 5. Environmental Department (concerned with debris management); 6. Traffic and Coordination Department; 7. CFO (fire clearance). The company’s architect must take the Intimation of Disapproval and the design plans to each clearance office separately. NOCs can be applied for simultaneously, but NOC offices are spread out, so the submission for these 7 NOCs is likely to take some time. The cost for this procedure is INR 1 per square meter for Intimation of Disapproval + INR 2 per square meter (or a maximum of INR 45,000) as a deposit for debris clearance. The latter is returned after the completion of construction if the BMC has deemed all debris cleared.
    60 days INR 1,301 (intimation of disapproval fee 1 INR per square meter + 2 INR per square meter (or a maximum of INR 45,000) as a refundable deposit for debris clearance)

    4 Submit structural plans approved by a structural engineer to the BMC (Municipal)
    The Intimation of Disapproval (IOD) is only an approval of the civil plans. Review of the structural plans is done in parallel with the NOC process. No approval to this plan is required from the Municipal Corporation but copies are required to be submitted. Time required for submitting theses structural plans is one day.
    1 day No cost
    * 5 Apply for a "no-objection certificate" NOC from the Tree Authority (Municipal)
    Due to stringent environmental regulations, the building company must receive clearance from the Tree Authority set up under the Maharashtra (urban areas) Preservation of Trees Act (1975). The Tree Authority Commission only meets once a month. The Tree Authority must ascertain what trees (if any) will be cut down as a result of construction. If trees are to be cut down, the building company will have to plant trees to replace them.
    1 day No cost

    * 6 Receive inspection from the Tree Authority (Municipal)
    Inspectors from the Tree Authority visit the site to check if there are any trees located on the premises.
    1 day No cost

    * 7 Obtain a "no-objection certificate" NOC from the Tree Authority (Municipal)

    30 days INR 4,500 (flat fee)

    * 8 Request and obtain a "no-objection certificate" NOC from the Storm Water and Drain Department (Municipal)

    7 days No cost

    * 9 Request and obtain a "no-objection certificate" (NOC) from the Sewerage Department (Municipal)

    7 days INR 77,306 (pro-rata charges are recovered at the rate 25% of INR23,250/- per running meter + 33% contingencies, supervision, sewerage charges etc., if the plot is abutting D. P. Road)

    * 10 Request and obtain a "no-objection certificate" NOC from the Electric Department (Municipal)
    The building company has to inform BEST of the project's power requirements along with a copy of application submitted for building plan approval. BEST will assess whether an electrical sub-station up-grade is required at this stage.
    7 days No cost

    * 11 Request and obtain a "no-objection certificate" NOC from the Environmental Department (Municipal)

    7 days No cost

    * 12 Request and obtain a "no-objection certificate" NOC from the Traffic and Coordination Department (Municipal)

    7 days No cost

    * 13 Request and obtain a "no-objection certificate" NOC from the Chief Fire Officer (Municipal)
    All commercial structures require fire-safety clearance.
    7 days INR 13,006 (INR 10 per square meter)

    14 Obtain commencement certificate from the Building Proposal Office and pay development charges (Municipal)
    On submission of all required NOCs mentioned in the IOD and on compliance of the IOD conditions, the applicant may submit request for the commencement certificate (CC). The documents and NOCs submitted by the applicants are verified by the staff and the necessary commencement certificate is approved. After payment of development charges and other applicable premium the commencement certificate is issued within 7 to 15 days. The cost for the CC is INR 200 per square meter of land + INR 500 per square meter of building area.
    10 days INR 836,100 (200 INR per square meter (land component) + 500 INR per square meter (building component))

    15 Request and receive inspection of plinth (Municipal)
    1 day No cost

    16 Submit completion notice to obtain occupancy certificate and certificate of completion (Municipal)
    The company's architect must submit a formal letter stating that construction has been completed according to the standards set forth in the IOD and CC.
    1 day No cost

    * 17 Request and obtain a completion "no-objection certificate" NOC from the Tree Authority (Municipal)
    3 days No cost

    * 18 Request and obtain a completion "no-objection certificate" NOC from the Storm Water and Drain Department (Municipal)
    3 days No cost

    * 19 Request and obtain a completion "no-objection certificate" NOC from the Sewerage Department (Municipal)
    3 days No cost

    * 20 Request and obtain a completion "no-objection certificate" NOC from the Electric Department (Municipal)
    3 days No cost

    * 21 Request and obtain a completion "no-objection certificate" NOC from the Environmental Department (Municipal)
    3 days No cost

    * 22 Request and obtain a completion "no-objection certificate" NOC from the Traffic and Coordination Department (Municipal)
    3 days No cost

    * 23 Request and obtain a completion "no-objection certificate" from the Chief Fire Officer (Municipal)
    All commercial structures require a fire-safety clearance according to fire and safety rules and regulations stipulated in the Development Control Rule (1991) and the National Building Code. The fee for low-rise commercial buildings is INR 5 per square foot.
    3 days INR 70,000 (INR 5 per square foot)

    24 Request and receive completion inspection from the BMC (Municipal)
    1 day No cost

    25 Obtain occupancy certificate from the BMC (Municipal)
    The occupancy certificate allows the building company to occupy the building but is not considered a final document because the building company still requires the certificate of completion.
    1 day No cost

    26 Obtain completion certificate from the BMC (Municipal)
    The completion certificate is considered to be the ultimate document that the building company requires to fully occupy the building and connect it to utilities.
    30 days No cost

    27 Apply for permanent water connection at Water Supply Department of the BMC (Municipal)
    The building company must apply for the permanent water connection at the nearest Citizen Facilitation Center (CFC) established by the Municipal Corporation of Greater Mumbai and submit Form A along with the following documents: a. Copy of valid IOD; b. Set of approved plan (certified copy); c. Appointment letter of the licensed plumber; d. Estimated cost of construction; e. Paid bills of all existing CCMS; f. Completion certificate; g. Tanker water challans.
    1 day No cost

    * 28 Apply for permanent sewerage connection at Sewerage Department of BMC (Municipal)
    An application is made to the Municipal Corporation for approval of permanent sewerage connection.
    1 day No cost

    * 29 Apply for permanent power connection and pay fees at Brihanmumbai Electric Supply and Transport (Municipal)
    The building company can download the application or collect it from one of the 9 zonal offices. The building company submits the form along with a registration fee of INR 50. On submission, a receipt of the same is given along with a requisition number. Within one week (statutory time limit), an inspection takes place to verify if the structure is permanent and to account for the number of connections required, etc. Within a week, a requirement letter from BEST authorities is mailed to the applicant. This letter lists the documents and payment to obtain a power connection: a. Proof of ownership; b. Availability of meter space, c. "Test report" by licensed electrical engineer; d. Payment of necessary fees.
    1 day No cost

    * 30 Apply for permanent phone connection at Bharat Sanchar Nigam Limited (National)
    The building company must apply for the telephone connection at the local BSNL office. To obtain a commercial connection, the building company must submit the application along with a proof of ownership of the business and the Permanent Account Number (PAN) card. The same tariff applies across the country, with minor differences due to local demand. The following charges must be paid: INR 500, in case there is a waiting list for registration charges; INR 300 in installation charges (if fewer than 500 lines) or INR 500 (if more than 500 lines); and a refundable security deposit of INR 2,000.
    1 day INR 500

    * 31 Receive on-site inspection for connection to water by the Water Supply Department (Municipal)
    The assistant engineer of the Municipal Corporation makes the inspection. There are two inspections: one before the water connection is completed, and another after completion. The inspection should not take more than a day. An officer of the Water Department of the Municipal Corporation inspects the premises and prepares a report on the connection.
    1 day No cost

    * 32 Receive on-site inspection for connection to sewage by Sewerage Department (Municipal)
    1 day No cost

    * 33 Receive on-site inspection from BEST (Municipal)
    A licensed electrical engineer employed by the building company must assess the internal wiring. On gathering these documents, the building company must return to the zonal office and submit them along with payment. After this, connection is given within a month's time in a majority of cases. Approximately 5% of cases receive connection in less than 24 hours, and another 5 % of applicants report connection times of up to 3 months. These long delays are due to cable laying. If cable laying is done through private land, than the owner must get permission from them and give it to BEST. But if the underground cabling is done through government land, BEST must get permission from the Bombay Municipal Corporation (BMC), and said permission takes some time to be granted. Also BMC only gives permission for underground cabling, during the dry season (April to October).
    1 day No cost

    * 34 Obtain permanent water connection (with inspection) (Municipal)
    45 days INR 1,200 (connetion fee)

    * 35 Obtain permanent sewerage connection (Municipal)
    30 days INR 50,000

    * 36 Obtain electricity connection upon payment of final fees (Municipal)
    10 days INR 45,000

    * 37 Receive on-site inspection and connection to telephone by the utility provider (Natinal)
    2 days No cost

    * Takes place simultaneously with another procedure.


    Now, I hear that Indiabulls has NOT APPLIED FOR APPROVAL of phase-II till date. They are just a bunch of liers....
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  • My agent discouraged me from putting my hand in this property. This was after he showed me sample apartment. I delayed my decision for a month and later spoke to him on personal level. Asked him straight if there is a problem with the construction. He told honestly he would not put his money here because of legal issues and not having approval for construction of Phase 2. He assured me that they will get it and the project will be completed but could not give any idea on timeline.
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  • Rogue-builders-make-killing

    Rogue builders make killing on early bookings - The Times of India

    Is Indiabulls real estate one of them ??
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  • @Greenworld,

    After 4 yrs of experiencing Indiabulls, I'm surprised you have doubts!

    But it's good to see someone has taken Indiabulls to court for all their misdeeds. Indiabulls customers have been guilty of looking the other way fully knowing they were being cheated.

    Burying your head in sand when faced with danger is a good strategy for ostriches. Turning over and playing dead is also good for survival when you want to escape a bear. But when faced with a bull, you have to take it by the horns.

    Check out the following article:

    Nothing much to write home about | The Indian Express | Page 99

    Take them to the cleaners, don't take any more bullshit
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  • Originally Posted by Muzzy73
    Hi everyone. Thank you to all for your insight. I spoke to the IB call center some days back for Phase II booking. First she told me they are not accepting booking but asked to call next day to check if they have any flats. I did call next day and was offered a 2 BHK inward facing on 3rd floor for 4000 sapce of 1275. I would have applied but after reading this forum I have started doubting my decision. The other choice is Marathon Nexzone which is being offered at 5151 psf. Would lover to hear views of other folks on the thread.

    Thanks in advance.


    Hi.
    In my opinion do not book in MMRDA rental projects like indiabulls or marathon where permission is given for 4 FSI when the normal FSI in Navimumbai is only 1.5
    Being a special project probability of delay is more.
    You can buy in any CIDCO Nodes. In Taloja,Navade,Ulwe and Karanjade you will get cheaper than 5151 psf. For 5151 you may get in Kamothe and Kalamboli node also
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  • Originally Posted by spkrao
    @Greenworld,

    After 4 yrs of experiencing Indiabulls, I'm surprised you have doubts!

    But it's good to see someone has taken Indiabulls to court for all their misdeeds. Indiabulls customers have been guilty of looking the other way fully knowing they were being cheated.

    Burying your head in sand when faced with danger is a good strategy for ostriches. Turning over and playing dead is also good for survival when you want to escape a bear. But when faced with a bull, you have to take it by the horns.

    Check out the following article:

    Nothing much to write home about | The Indian Express | Page 99

    Take them to the cleaners, don't take any more bullshit


    Personal grudges... GOD help us... We innocent buyers stuck between developers and non-seriou‎s customers. Hope the new law helps genuine buyers. IB Greens, in my view is a better project. Even though the project got delayed by changes, as a buyer it's making my project better. New amenities and space will make the project better. Sometimes for the betterment of all and for the wishes for all and not any single individual, benefit of doubt can be given. Let us hope the project lives up to the expectation and all of us reap the benefit
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  • Can anybody post the current prices in Phase 2 booking and what is the expected possession date for Phase 2? I am also very positive about the project due to its size and the amenities. Hope for the best.
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  • Current Rate?

    What is the current rate going for Phase II? I have heard that it is 5500.. that too excluding parking?:bab (45):
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