Has anyone seen/booked at the upcoming property of Ackruti Grp in Thane? Their rates seem to be pretty low for Pokhran 1? Any catch in that? Also I was reading on the net that the company had a bad year 08-09...
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  • I have booked flat at ackruti greenwoods only due to name of Ackurti in the real estate market. respected Mr. Hemant M Shah and Mr. Vyomesh M Shah the Chairman and MD are having very good respect in the real estate world because of their sinceraty, timely execution of project, their commitment towards the work. I am very much i.e. more than 100% sure that constructions of greenwoods will complete with all legal formality because i have full faith on Mr. Hemant Shah and Mr. Vimal Shah.

    The fear, worry, anger among the buyer came due to mis-statement issued by ackruti greenwoods management and sale team time to time. The ackruti management should learn from their boss i.e. from shah brothers about how to behave, how to interact with customer. The Management giving silly excuses for stoped work. i will pointed out their 4 silly statements.
    1. first statement - The work is stoped due to delay in sanctioning amenities within tmc reserve plot
    ** they get permission (CC) on 20.07.2011 for that amenities. they just dig a part of plot near f wing in 5 days and stoped further work in that issue. Even The Construction of buildings are stopped till date no progress in that matter also** so we think ackruti sale team need not share this information with customer beacuse this issue is not directly link with actual construction of buildings. This is one of the condition of the layout of the project.

    2. Second statement - NA requirement
    ** According to Sale team ackruti required to get residential N.A. to start the construction work of the buildings. In the month June 2011 they inform buyers that NA requirement also met, so their is no pending issue and work will start soon & their is no issue to stop the work.***
    From June 2011 i.e. about 9 month they are struglling to start the construction work.

    3. Third statement - Shedule of completion
    ** management are submitting schedule of completion time to time to customer on paper, but execution was not done as per shedule. Their work remain on the paper itself *** - So they should issue realistic schedule without any conditions and execute them as per shedule.

    4. their latest statement - Approvals
    delay in construction is due to reasons beyond the control of Hubtown. That is in receiving some of the approvals from local government authorities.
    ** approvals are responsility of Ackruti Management not the buyers. The buyers told the management if it is out of your control then we all approach to TMC and if needed commissioner of the TMC also. Ackruti Management decline that offer, so all buyers became helpless ***
    Government sanctioned any project with some terms and conditions. and further CC will issued on those terms and conditions are met or not. TMC officers are aloso human not monster or not against the ackruti. If ackruti met all the conditions they will issue CC (let corruption point set aside).

    We think they will come with anather excuse in future for stop work. We are waiting for that also.

    So we think Mr. Shah brothers come forword and fire the sale team for not issue such type of statement that create fear, worry, angar in the mind of buyers. we think delay is acceptable in certain limit. but their should be proper and correct communication from the management of the ackruti. we think management are watching this forum since is started. So we think they should properly communicate with buyers with real fact. we will accept all that think if it is reasonable and justify. We slso accept the reasonable delay.

    So I pointed out some issue here and In future i will not post anything here, lets see year 2013.
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  • Ackruti - Game over?

    It seem that ackruti not able to restart construction works. it may close the project in middle. They now start blame game to Urban Department, TMC, MMRDA, Local Politician, Ministers, Government Officers etc.
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  • I dont know what common man should do... all mmrda linked projects have been halted and there is a mega rally on 3rd May in Azaad maidan where builders are gathering...... projects wont get scrapped for sure.... they had tied up with banks and are paying hefty Pre-EMIs for the lumpsum amount already disbursed.... projects wud get delayed for sure but I would be surprised if these projects dont get completed...
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  • Letter to Hubtown Greenwood Thane Management

    Hello All affected buyers of Hubtown Greenwood Thane.

    Enough is heard about delays and problems from Hubtown management. This is a time to demand answers from mishandleres of this project.

    A letter is being drafted by members of this project asking answers to Hubtown's ignorent management. Please see the draft at the end of this post.

    Please support by signing the letter if you are really concern about your hard earn money invested in this project. You must tell them that it is not your post retirement planned house.

    Venue is : Gadkari Rangayatan, Talav Pali, Thane. Meet near the gate of Rangayatan
    Time : 11:00 am
    Date : 20 May 2012, Sunday.

    Somewhere you have to begin this. So why not now?

    Draft of letter: Your suggessions to improve the draft are welcome.

    May 22, 2012

    To,

    M/s. Hubtown Ltd.
    Ackruti Solaris, N.S. Phadke Marg,
    Near regency Hotel, Andheri (E),
    Opp. Teli Gali, Mumbai-400093.

    Subject: - Extension of possession date for handing over flats in Ackruti Greenwoods, Thane


    Dear Sir / Madam,

    Please refer to your e-mail dated April 21, 2012 regarding extension of possession date for handing over flats in Ackruti Greenwoods, Thane.

    We are totally shocked and surprised with the information provided in your said e-mail. It is extremely sad and painful to know that you are going to revise the possession date once again, this being the second extension.

    You have disclosed in your e-mail that Hubtown Greenwoods project is linked with the Rental Housing Scheme of MMRDA. You had hidden these facts in your advertisements and also did not disclose the same when we signed the Agreements with you for our flats. You even failed inform the same in your letter for delay sent to us earlier (received by us in October / November 2011). We came to know the delay of the project just prior to its completion date of possession only when inquired by us. This is totally misleading and deficient of services rendered by you as a builder.

    You claim that Hubtown Limited is a committed and professionally managed company is totally false and based less as you are cheating innocent customers like us by totally giving false promises and hopes. From the correspondence received by us and general information and news published in various news papers about your company, it is very clear that you are taking all of us for a ride.

    You have provided commencement certificate to us for B and C wing in February 2012 and informed that no further approvals are awaited from any statutory authority to complete the said wings as per the scheduled date. Now you are informing us about new approval requirements, which is totally unacceptable. It is apparent that you may have provided us false documents or incomplete information of your project. We feel that we have been taken us for granted and thus you are giving us frivolous reasons for delay which is totally unacceptable to us at the fag end of completion date.

    We have already highlighted other examples of your non-commitment and non-professional work methods in our reply dated January 21, 2012 to your reasons for delay in possession. Unfortunately, we still are facing the same problems regarding improper updates and feedback etc. from your end especially your site representatives.

    You had informed vide your e-mail dated April 28, 2012 you cannot arrange a meeting with your MD for Greenwoods project, from this communication it is apparent that your MD does not want to face us as he does not have a face to show us and has directed the lower staff to mislead us indefinitely.
    It is unfortunate to highlight that we have no trust in your so called “brand name” because of various reasons mentioned above.

    We completely reject delay in completion of Greenwoods project. If we do not get a proper schedule of plan slab wise completion from your end by 31st May 2012, we will have no choice but to initiate legal action against you and your brand name will be highlighted in all the leading news papers so that other customers do not suffer like us. Please note that we will not accept any compromise on any aspect of quality of construction. We are extremely concerned with the delay in construction as the building structure is remaining exposed to extreme weather conditions which in turn will affect quality and life of the building.
    .
    We would again like to mention that any additional financial charges (taxes or any other) due to changes in Govt. policies which may be effective from 01 December 2011 (i.e. after original possession date of November 2011) shall be paid by you as the same become effective due to your incompetency because of delayed possession.

    Please be informed that the project has been delayed due to your gross incompetency and negligence for which you have to compensate all of us by paying rent / 18% interest for the moneys paid by us from the original date of possession till the new date of possession.

    This letter has been signed by so many affected customers of Hub Town Green woods.

    In view of above it is requested to intimate the required information without further delay.


    Thanking You,
    Yours truly
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  • Hello , I am also an harrassed owner in B wing Ackruti greenwood project , I would also like to join at 11.00 am meeting at Gadkari Rangayatan on 20th May 2012
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  • Way to go!

    Now look them in their eyes.

    Close a fist. Punch them in their chest so that their heartbeat stops instantly.

    This is Dabanng style and the only style that will work.

    Don't take my words literally but this is the power that should emanate when you speak or write to the builders. Never bog down.

    Not giving you lessons but only encouragement and best wishes.

    Although in the back of my mind I know that you collective effort will FAIL against the builder lobby backed by local B*****RD politicians.

    Unless you rise above your Mango people tag.

    Jai Hind.:bab (58):



    Originally Posted by HubtownThane
    Hello All affected buyers of Hubtown Greenwood Thane.

    Enough is heard about delays and problems from Hubtown management. This is a time to demand answers from mishandleres of this project.

    A letter is being drafted by members of this project asking answers to Hubtown's ignorent management. Please see the draft at the end of this post.

    Please support by signing the letter if you are really concern about your hard earn money invested in this project. You must tell them that it is not your post retirement planned house.

    Venue is : Gadkari Rangayatan, Talav Pali, Thane. Meet near the gate of Rangayatan
    Time : 11:00 am
    Date : 20 May 2012, Sunday.

    Somewhere you have to begin this. So why not now?

    Draft of letter: Your suggessions to improve the draft are welcome.

    May 22, 2012

    To,

    M/s. Hubtown Ltd.
    Ackruti Solaris, N.S. Phadke Marg,
    Near regency Hotel, Andheri (E),
    Opp. Teli Gali, Mumbai-400093.

    Subject: - Extension of possession date for handing over flats in Ackruti Greenwoods, Thane



    Dear Sir / Madam,

    Please refer to your e-mail dated April 21, 2012 regarding extension of possession date for handing over flats in Ackruti Greenwoods, Thane.

    We are totally shocked and surprised with the information provided in your said e-mail. It is extremely sad and painful to know that you are going to revise the possession date once again, this being the second extension.

    You have disclosed in your e-mail that Hubtown Greenwoods project is linked with the Rental Housing Scheme of MMRDA. You had hidden these facts in your advertisements and also did not disclose the same when we signed the Agreements with you for our flats. You even failed inform the same in your letter for delay sent to us earlier (received by us in October / November 2011). We came to know the delay of the project just prior to its completion date of possession only when inquired by us. This is totally misleading and deficient of services rendered by you as a builder.

    You claim that Hubtown Limited is a committed and professionally managed company is totally false and based less as you are cheating innocent customers like us by totally giving false promises and hopes. From the correspondence received by us and general information and news published in various news papers about your company, it is very clear that you are taking all of us for a ride.

    You have provided commencement certificate to us for B and C wing in February 2012 and informed that no further approvals are awaited from any statutory authority to complete the said wings as per the scheduled date. Now you are informing us about new approval requirements, which is totally unacceptable. It is apparent that you may have provided us false documents or incomplete information of your project. We feel that we have been taken us for granted and thus you are giving us frivolous reasons for delay which is totally unacceptable to us at the fag end of completion date.

    We have already highlighted other examples of your non-commitment and non-professional work methods in our reply dated January 21, 2012 to your reasons for delay in possession. Unfortunately, we still are facing the same problems regarding improper updates and feedback etc. from your end especially your site representatives.

    You had informed vide your e-mail dated April 28, 2012 you cannot arrange a meeting with your MD for Greenwoods project, from this communication it is apparent that your MD does not want to face us as he does not have a face to show us and has directed the lower staff to mislead us indefinitely.
    It is unfortunate to highlight that we have no trust in your so called “brand name” because of various reasons mentioned above.

    We completely reject delay in completion of Greenwoods project. If we do not get a proper schedule of plan slab wise completion from your end by 31st May 2012, we will have no choice but to initiate legal action against you and your brand name will be highlighted in all the leading news papers so that other customers do not suffer like us. Please note that we will not accept any compromise on any aspect of quality of construction. We are extremely concerned with the delay in construction as the building structure is remaining exposed to extreme weather conditions which in turn will affect quality and life of the building.
    .
    We would again like to mention that any additional financial charges (taxes or any other) due to changes in Govt. policies which may be effective from 01 December 2011 (i.e. after original possession date of November 2011) shall be paid by you as the same become effective due to your incompetency because of delayed possession.

    Please be informed that the project has been delayed due to your gross incompetency and negligence for which you have to compensate all of us by paying rent / 18% interest for the moneys paid by us from the original date of possession till the new date of possession.

    This letter has been signed by so many affected customers of Hub Town Green woods.

    In view of above it is requested to intimate the required information without further delay.


    Thanking You,
    Yours truly
    CommentQuote
  • Originally Posted by manugnair
    yes , i have booked a flat there . These flats are affordable and the builder is also reliable . Though the open space is less , but nowadays "within budget" flats are important . They are currently selling at 4150 per sqft , where as a new building coming nearby has given an indicative opening of 4750

    hi i also booked in ackruti greenwoods d wing project is very delay a part from this one more query i have i have sign the agreement in ackruti now the name has changed to hubtown will this creat a problem in future or we will need to make deed of rectification i spoke to builder also they say we have provide you the amendment leter which is in common but i think we will need to do deed of rectification in thane registrar office saying that agreement made in ackruti is now amended to hubtown, please reply if you have any idea
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  • Received all permission but work stopped

    It is now clear that all the permission obtained by this builder from local authority. But his intention to harass customer so flat purchasers will take back their hard earn money from builder and he will sell those flat at higher rate.
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  • Any updates

    I saw this post now....Any update on yesterday's meeting?
    What happened??
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  • Tit for Tat!

    If that be the case as you have mentioned then the only recourse is demanding the money back from the builder current rate quoted for the flat.

    I.E: If you purchased 3500 psf in 2007/08 then demand @6500 or 7500 psf whatever is the current rate he is quoting, instead of original amount @18% interest.

    Infact current rates people who bought latest will benefit marginally more than those who booked earlier (3-4 years back).

    But whatever the decision please stick together and make one demand if you are going to.

    And put up a brave fight. No amicable solution possible with thugs.;)

    Originally Posted by ringrose
    It is now clear that all the permission obtained by this builder from local authority. But his intention to harass customer so flat purchasers will take back their hard earn money from builder and he will sell those flat at higher rate.
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  • We don't want our money back. We want compensation i.e by rent from builder delay period / 18% interest for the moneys paid by us from the original date of possession (Nov. 2011 ) till the new date of possession. (March 2013 .... 2014 ............. )
    If flat purchasers commits default for making installment payment then builder charge 21% / 24% penal interest on due amount

    Arond 30% of project work completed.




    Originally Posted by StraightDriv
    If that be the case as you have mentioned then the only recourse is demanding the money back from the builder current rate quoted for the flat.

    I.E: If you purchased 3500 psf in 2007/08 then demand @6500 or 7500 psf whatever is the current rate he is quoting, instead of original amount @18% interest.

    Infact current rates people who bought latest will benefit marginally more than those who booked earlier (3-4 years back).

    But whatever the decision please stick together and make one demand if you are going to.

    And put up a brave fight. No amicable solution possible with thugs.;)
    CommentQuote
  • Ok. now we have some good demand to work with.

    What is my reason to involve?

    I could have been one of the victims had I booked the flat in 2009. Thankfully local intel prevented me from going for this project. I keep an eye daily as i commute to my office and back.

    Else I would have spent sleepless nights since 2009 upto ...God knows when.

    Unless the victims gather and agree to common demands it is difficult to bring the Mammoth (local politicians are beneficiaries in the project like free bungalows / flats etc.).

    best luck.


    Originally Posted by ringrose
    We don't want our money back. We want compensation i.e by rent from builder delay period / 18% interest for the moneys paid by us from the original date of possession (Nov. 2011 ) till the new date of possession. (March 2013 .... 2014 ............. )
    If flat purchasers commits default for making installment payment then builder charge 21% / 24% penal interest on due amount

    Arond 30% of project work completed.


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  • D wing

    Hi .. fellow members . Apartment Owners of Hubtown...

    Did the meet happened yesterday 20.05.2012 (morning) as scheduled..??? any status quo..
    regards
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  • D wing

    Hello Everyone

    I saw the post regarding the meeting which was scheduled yesterday. Unfortunately i saw this post late evening yesterday.

    Can anyone update on the meeting that happened yesterday? I am keen to knwo why hubtown management has not arranged for any meeting which they had promised to keep. Anyways it real pain now jus attending the meeting and we should all get after them for compensation! they have literally cheated us.

    Please update on future course of action based on meeting yesterday.
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  • Schedule

    Originally Posted by kedaps
    Hello Everyone

    I saw the post regarding the meeting which was scheduled yesterday. Unfortunately i saw this post late evening yesterday.

    Can anyone update on the meeting that happened yesterday? I am keen to knwo why hubtown management has not arranged for any meeting which they had promised to keep. Anyways it real pain now jus attending the meeting and we should all get after them for compensation! they have literally cheated us.

    Please update on future course of action based on meeting yesterday.



    Called them up, they say only when they have all approvals in place....they wud arrange for meetings to finalize the schedule
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