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Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

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Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

Last updated: January 18 2017
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  • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

    Dear mgogia2 and others....
    i am waiting for reply for my query in last thread...

    Appreciate if u can provide some details..

    Thanks
    Ritu

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    • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

      A very interesting article about all under construction and almost completed projects of Unitech . Gives a very clear insight - both - for end users as well as investors about what to expect in the near and long term future from Unitech . Must read . Here is the link below :
      http://.com/unitechs-construction-pa...buyers-derive/

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      • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

        Originally posted by vishing View Post
        A very interesting article about all under construction and almost completed projects of Unitech . Gives a very clear insight - both - for end users as well as investors about what to expect in the near and long term future from Unitech . Must read . Here is the link below :
        http://.com/unitechs-construction-pa...buyers-derive/
        Sir - link is broken. Please publish again.

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        • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

          Any construction update guys?

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          • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

            Can someone share any update on construction? What pace it is on ? How many workers approx. are working on site ? I am not in NCR to check on it myself so any info will be great help.

            I am really worried on construction. today I called unitech and they said it will take 36 months from start of construction i.e from now. Which means from today they are quoting 36 months (on pre launching they quoted same 36 months and no change till date to it) and I think we need to wait for minimum another 5 years .

            Even after 2.5 years there is no clarity on possession time. Nobody can even predict which year uni tech is going to handover
            Last edited January 14 2014, 04:14 PM.

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            • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

              Hi,

              Unitech will get 36 months for construction from the signing date of BBA, they cannot create dates like you mentioned from today or from tomorrow etc........for any further delay then 36 months + 3 they will be penalized with the agreed amount in BBA .........
              but that amount is nothing for these people so dey dun't bother .........................



              Originally posted by manusingh01 View Post
              Can someone share any update on construction? What pace it is on ? How many workers approx. are working on site ? I am not in NCR to check on it myself so any info will be great help.

              I am really worried on construction. today I called unitech and they said it will take 36 months from start of construction i.e from now. Which means from today they are quoting 36 months (on pre launching they quoted same 36 months and no change till date to it) and I think we need to wait for minimum another 5 years .

              Even after 2.5 years there is no clarity on possession time. Nobody can even predict which year uni tech is going to handover

              Comment


              • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                Originally posted by manusingh01 View Post
                Can someone share any update on construction? What pace it is on ? How many workers approx. are working on site ? I am not in NCR to check on it myself so any info will be great help.

                I am really worried on construction. today I called unitech and they said it will take 36 months from start of construction i.e from now. Which means from today they are quoting 36 months (on pre launching they quoted same 36 months and no change till date to it) and I think we need to wait for minimum another 5 years .

                Even after 2.5 years there is no clarity on possession time. Nobody can even predict which year uni tech is going to handover
                Manuji ,
                With Unitech you can be sure of only one thing - lies ! They will never give you a clear picture and you will be unfortunately left hanging on for years . Take it from someone who has had first hand experience - not once but twice - first with Unitech Close South - launched in 2004 promised in 2007 actual delivery took place in 2012 - 5 years delay ! And the second - Unitech Harmony - launched in 2006 - delivery was to be in 2009 and its now 2014 and apartment is still not delivered !!!
                Actually if you have a construction linked plan , if i were you , i would exit asap as only a small portion would have gone to them as they have not even started construction . According to a recent article ( i had posted a link to the said article as well ) , Unitech's strategy is right now to raise funds and the easiest way to do that is to start construction and make demands so they have easy liquid cash , which they need to pay off the interest on their debt , once the structure is ready and they have collected 90% of the payment due , then they would just keep you hanging as they have no money to complete these projects ( its common knowledge that to complete the structure only 50 % money is needed whereas they collect 90% of the money ) . The rest requires huge capital investment from their side with only 10% money coming in and they just dont have the funds to complete their projects .
                Think about it ...

                Comment


                • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                  Ritu... sorry for late reply..

                  Yes all the money you need to paid to seller on the day of transfer you will get one acknowledgement receipt from Unitech. it is basically receipt of transfer charges. Then the document take at least 1 month to get in your name. I have done the same in Feb and got our document in March... They take this much of time. They will not issue new BBA but they confirm that now this is your property.

                  All the documents are fine. Also we have not deducted any TDS on same.

                  Comment


                  • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                    Mgogia ji
                    How would they show other party name over it when they dont issue new bba..

                    Do the new buyer get penalty as per original agreement ?


                    Originally posted by mgogia2 View Post
                    Ritu... sorry for late reply..

                    Yes all the money you need to paid to seller on the day of transfer you will get one acknowledgement receipt from Unitech. it is basically receipt of transfer charges. Then the document take at least 1 month to get in your name. I have done the same in Feb and got our document in March... They take this much of time. They will not issue new BBA but they confirm that now this is your property.

                    All the documents are fine. Also we have not deducted any TDS on same.



                    Sent from my iPhone using Tapatalk - now Free

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                    • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                      Unitech will add a new page at the back of BBA with endorsement..which has the signatures of seller , buyer and unitech. Unitech will also issue a letter stating that account statement and payment plan in new buyers name. This will confirm its in ur name.

                      Also TDS needs to be paid to the seller whatever amount is paid to him because otherwise in the end at the time registration u can have issues.

                      What is the current premium in these floors currently..191 sq yards ? I am getting different responses from diff brokers but as the market is down...one can expect lower premium these days ....as unitech is asking new demands too.

                      Anyone selling his/her unit ?
                      Last edited January 1 2016, 04:19 PM. Reason: Text formatting.

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