I have attached of PAN Oasis. Will also upload for Mahagun Mordene Sec 78 buyer agreement (After deleting my personnel info).
This will enrich this thread and chance to compare which builder is more honest atleast on agreement.

Request other to atleast upload buyer agreement of

3C builder
Jaypee Group
Prateek
Antrikh
Gardenia
Gaur
Amrapali Group

It will help new buyer to read and understand more about legal side of project apart from glossy brochure.
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  • I LIKED IGRM PHOTO, SO I STEALED IT. I MIGHT GET BANNED. Ha ha ha..

    We all know that builders are in business for profit. So the complete exercise is to know who is more honest in intention. Because buyer agreement is the mirror of builder intention.
    So if we discuss what written in buyer agreement then we will come to know which builder providing more insight about basis of calculating "Super Built-up area".
    Is any builder writing about cupboard size, Window size, door width etc in agreement.
    Is any builder write about land payment to NOIDA authority ?
    Who is providing more insight about "Maintenence charges" and club facilities ?
    Who giving clear info about RWA formation and handling over of society maintenance to RWA ?
    Suppose if we have buyer agreement of top 10 builders of NOIDA and someone what to know about them or their policy then "Buyer agreement" is the best set of paper to know builder policy.

    I understand that people have technical issue in uploading BBA.

    How to remove your personnle info :
    1. Do not upload Stamp paper page
    2. Make a photocopy and with black/blue pen strike out "your name", "Address" PAN etc detail. When you scan that page all your detail will not get scanned.
    3. Only 2-3 page has your detail rest all talk about your project detail and you only have signature at bottom of page. Just get remove that part at some other place put sticky note on your signature.

    And at the end of day new buyers will be more technically armed to handle brokers/builders.
    And atleast one thread on IREF which will based on proof of paper not in air or promise:bab (6):.
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  • Sorry to be slightly pessimistic.....What happens in case of natural clamity if it stikes the project during construction phase? Are these projects insured from day 1 or not:o
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  • Originally Posted by sunnyash
    Sorry to be slightly pessimistic.....What happens in case of natural clamity if it stikes the project during construction phase? Are these projects insured from day 1 or not:o


    well, in that case you hope that your tower is not yet constructed. :D

    on a serious not - Force Majure clause kicks in and builder would delay construction indefinitely. As for insurance, under construction buildings are not insured. Operations per se can be insured against General Liability but I doubt any builder takes that sort of coverage.
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  • What happens when a flat reaches end of life?

    Each building has a life. Even best construction may not last beyond 50 years. A 10 acre plot might have 1000 flats. These flats are registered individually. Who owns the land?

    After 50 years who will construct the building again?
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  • here is the BBA for Gaur Grandeur, the attachment size is a lil largish, but coz of the number of pages and the size of the images - this is the best which I could manage.
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=787
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=788
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=797
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=790
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=791
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=792
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=793
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=794
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=795
    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=796
    Attachments:
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  • Originally Posted by dhoolgaon
    What happens when a flat reaches end of life?

    Each building has a life. Even best construction may not last beyond 50 years. A 10 acre plot might have 1000 flats. These flats are registered individually. Who owns the land?

    After 50 years who will construct the building again?

    A good question...Any one who can give a short answer for this?
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  • Can someone please upload the BBA of Paramount Floorivilla?
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  • well here is an agreement which mentions the covered area and super area in numbers (Gaur Grandeur).

    thanks sonirohit... do you have any painpoints in this BBA?
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  • Just answer to natural calamity thing---- most of you will be surprized to know even your medical insurance will not cover you in case of natural calamity or militant attack:)
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  • Note to moderator :

    Dear moderator,

    people are taking pain and time to scan and upload buyer agreement of different builders. Please make this thread visible at main noida section.

    Idea is to create awarness about buyer agreement and transparency and no real estate discussion complete without looking at buyer agreeemnt of different builders.

    Since agreement are of size of 4-5 mb please allow them to upload it.
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  • Originally Posted by chandra2034
    Thanks Rohit for helping other to understand more the GAURSONS builders.

    So we have three builder agreeemnt :
    I would rate them :

    1. Gaursons (Clear detail about covered area/balcony/cupboard and RWA detail)
    2. Mahagun Mordene Sec 78 (Better penalty clause)
    3 Patel PAN Oasis Sec 70

    Above rating is based on builder honesty not on project detail.
    Members are eagerly waiting for 3C, Logix.

    What is transfer/sale clause/charges in Gaursons Sec 119 ?

    Chandra,

    As per rules - the sale/transfer of under construction property is not permitted.

    Reason being - every property needs to be registered before a sale can happen legally. An under construction one cannot be registered. Hence transfer is ruled out - surrender is the only option. But forget about appreciation - it will cause a loss of 5-10% of the BSP.

    Another aspect of this is the service tax... which I am not clear if they will be refunded by the builder or the govt in case of a surrender.
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  • Originally Posted by capreal26
    well here is an agreement which mentions the covered area and super area in numbers (Gaur Grandeur).

    thanks sonirohit... do you have any painpoints in this BBA?

    well the pain point is in the numbers of covered area & super area. It talks about the changes in super area upto +- 3%. What if there is an appropriate change in the carpet area beyond 3% is something which is missed.

    Another thing is - it mentions a particular flat number on a particular floor. What if the builder rearranges the flat nos in the tower? Ex - 101 is pool facing, 102 is road facing, what if tomorrow 101 becomes road facing or any other arrangement. (I anyways have not paid a PLC for pool facing but anyways it would be reassuring in a way to include the location wrt complex landmarks).
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