I had applied for the flat in BPTP Park floors Sector 76 faridabad in Aug 2008.

I applied the flat and paid the basic amount of Rs. 4 lack but after that did not make any payment because I wanted to take loan and when approached LIC and HDFC bank for loan they said that the project is still not approved and the disbursement will not happen. The project was not approved for loan from bank till march 2011 but BPTP was continuously Sending the demand letter stating that any delayed payment would be charged with the interest of 18% .

I did not make any payment after the initial amount of Rs. 4 lack because the project did not have the loan disbursement approval and did not wanted to block my cash hard earned money any more.
Now when I approached bank , they are ready for the sanction and disbursement of the loan as the project is approved.
BPTP is charging 18% interest from the customers who have not given the sanction letter from the bank even though the disbursement did not happen for anyone and the sanction letter provided by anyone in 2008 or 2009 does not have any validity now as it is expired and they have to get the sanction letter again.



In short our points of contention are the following:
1. How can they charge the interest when they only recieved the approval for this project in March 2011.

2. Can they demand the construction linked payment untill they deliver the project as promised ie. on the 60mtr approach road as they are completely taking their customers for a big ride by delivering a project without any proper link to the project site.

3. Can they charge interest for the period when the project was not approved.

4. Can they charge interest from a customer who did not gave the sanction letter from bank and not charge the interest from the customer who gave the sanction letter ( Although none of the customer made the payment because the bank did not release the payment).

5. They are threatening to cancell the booking without refunding the payment of Rs 4.5 lakhs which we had initally made at the time of booking if we do not make the complete payment of Rs 15 lakhs + the interest amount of Rs 4.5 lakhs additionally ( 18% per annum from Aug 2008) by the 13th of June.

6. The total amount of the apartment at the time of booking was Rs 20 lakhs. We visited the site and found that untill now there is no sign of the approach road and also only the structure has been laid so far ( only the brick work) and they have already demanded an amount of Rs 24 lakhs inclusive of the interest charges failing which they claim they will cancell our apartment with no refund.

7. Can we ask them for a refund of our 4.5 lakhs along with an accrued interest as they have not only delayed the project, sold without any sanctioned approvals but are also suggesting to now handover the project in 6-9 months without any proper connecting road. Therefore they are totally cheating their customers.

Looking for the advice for further action and information.

Regards,
Surabhi Nayyar
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  • Guys
    Any recenty updates on the OC for Park Floors ?
    Has anyone actually seen the OC in the BPTP office or people just been told verbally on this?
    Any idea if someone has managed to get the registry done and take actual possession.
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  • Two months ago when the demand for possession was made at that time the builder (BPTP) did not have the OC. as per RTI reply.
    The RTI Reply is with newly formed FEDERATION OF APARTMENT OWNER'S ASSOCIATION, GREATER FARIDABAD. representatives. & they have been fighting for buyers in Neharpar passionately.

    Also the License 1042-1061 got expired on 24/7/13 ie approx. two months ago. OC cannot be given without renewing the License.
    & still the License stands expired

    By these two facts, it is 100% sure that BPTP Park Floor project in Sector 76, by whatever name it would be, does not have Occupation Certificate.
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  • BPTP shameless people fooling around.

    It is now 6 years to deliver 3 floor buildings.

    Poor end users are just waiting with their houses ready.

    Absolutely no answers. We can easily reach to this place.

    DTCP and BPTP should solve their problems and show sympathy to end users.

    When i lst went there it looked like entire security deployed in that area was staying in the flats.

    Please show some mercy hooda ji..
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  • has anyone seen the lifts in park floors 2 ? i happen to take a look and boy is it ugly, it is spoiling and making look the flats look like chawl houses, no offence meant to anyone, its BPTP i am annoyed with - the lifts are straight from 1980s (no auto doors / manual / wooden )
    these are really awful to look at, anyone checked it ? (i have inspected personally) , how can this matter be taken up with BPTP ?
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  • Originally Posted by jthakar
    has anyone seen the lifts in park floors 2 ? i happen to take a look and boy is it ugly, it is spoiling and making look the flats look like chawl houses, no offence meant to anyone, its BPTP i am annoyed with - the lifts are straight from 1980s (no auto doors / manual / wooden )
    these are really awful to look at, anyone checked it ? (i have inspected personally) , how can this matter be taken up with BPTP ?


    Manual doors...that sucks
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  • This is bullshit. Manual doors??? Are they kidding?????
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  • Originally Posted by jthakar
    has anyone seen the lifts in park floors 2 ? i happen to take a look and boy is it ugly, it is spoiling and making look the flats look like chawl houses, no offence meant to anyone, its BPTP i am annoyed with - the lifts are straight from 1980s (no auto doors / manual / wooden )
    these are really awful to look at, anyone checked it ? (i have inspected personally) , how can this matter be taken up with BPTP ?

    Sir Ji

    I don't think there is any use of approaching to BPTP.
    Builder has committed to providing Lift, not committed to providing such and such kind of lift.
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  • cookie bhai mike bhai sayan bhai all bhais ... ye ho kya raha hai ? naam ke lie life de di ... manual lift ... today i asked the site incharge n he said that dont worry out of maintenance charges they will keep lift men .... i remeber the british era when lifts used to be operated by lift incharge who will sit the whole day inside lift shuttling people up n down ... no need to panic ... in case they dont appoint liftman they mentioned that they have a shrill beeper which will sound if lift gets stuck or any door remains open :) bptp is spoiling its name big time
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  • Originally Posted by jthakar
    cookie bhai mike bhai sayan bhai all bhais ... ye ho kya raha hai ? naam ke lie life de di ... manual lift ... today i asked the site incharge n he said that dont worry out of maintenance charges they will keep lift men .... i remeber the british era when lifts used to be operated by lift incharge who will sit the whole day inside lift shuttling people up n down ... no need to panic ... in case they dont appoint liftman they mentioned that they have a shrill beeper which will sound if lift gets stuck or any door remains open :) bptp is spoiling its name big time


    pls check that bptp has installed new lifts, kabhi kisi ministry se utri hui lifts na laga di hoo. it is bptp culture movement.......
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  • Daamad ji coming into play??...Taking lifts from Govt. as they know, next year Damaad ji's mom in law would be out of govt.!!
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  • Possession saga..Continues

    Last November (2012) all looked ready at park floors..OC was the only issue...

    Only development was illegal Demand for Fit outs Possession and that too in month of June 2013...

    this shows the track record of BPTP..

    Seeing the ground situation and the pace at which BPTP goes..it would be good 3 months wait still...
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  • Originally Posted by BlessU
    Hi
    Greetings

    Looking at the development, it looks done..
    Progress of master roads as understood is promising (can someone confirm)
    furthermore, bptp has recently renewed its license for about 280 acres of Plotted license in 75/76 sector.
    https://www.indianrealestateforum.com/forum/other-forums/general-real-estate-discussion/183-rent-or-buy?p=116439#post116439

    All the above are positive developments for those invested and looking to move in their homes. Crucial thing is does anyone have any news of ews allotment for floors, villas, plots in 75/76??

    If this can be confirmed, projects in these sectors seem to be good to go.
    this would add another good no of units coming into the market for enduse.

    Cheers

    One year gone..we are staring at the same OC issue..

    Can somebody please update when OC is expected & when owners(not security guards) start living in their houses>>>
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  • Hi PF 1 and 2 Owners
    BPTP has mentioned in there newsletter that they have given possesion in good numbers in Sec 76 and 77 Park Floors.
    There is no much update/discussion as such in this forum or others.
    I believe this is a BPTP blatant lie.

    As far as I know BPTP is yet to get OC for PF1 and 2.

    Also there cant be any valid Registries w/o this.

    Any updates will be helpful.

    Regards
    Neeraj
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  • Mr. Mittal, BPTP has a history of lies but accusing a company of lying by basing on the fact that no such information is available on this forum may not be right.
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  • Possession

    Hi,

    Got confirmed news from one of the neighbor that Possession has already been happened and at least 2 families got shifted. He participated in grah pravesh for somebody known.
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