I have heard that Sikka Group is launching their new project called Sikka Karnam Greens.

Please provide the information on:
1. Sikka Karmic Greens and delivery status
2. Recommendations on Sikka Karnam Greens
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  • I have one 840sqft 2BHK in sikka karnam. The builder supposed to complete the project within this year. But now getting no confidence that it will be completed within next 3 years.
    Feeling I am stuck.
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  • Originally Posted by prasenjit207
    I have one 840sqft 2BHK in sikka karnam. The builder supposed to complete the project within this year. But now getting no confidence that it will be completed within next 3 years.
    Feeling I am stuck.


    In BBA its clearly mention that project will completed by Sep. 2014. So by delay of 6 month we can say project will deliver on mar. 2015.
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  • what is BBA?
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  • Originally Posted by rakeshgail
    Dear Friends,

    I am internet in buying 2bhk+study in sikka karnam. Plz let me know if any body interest in resale.

    Thanks

    Rakesh Ji to aap hain Internet jo duniya bhar mein faila huaa hai :D
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  • Originally Posted by prasenjit207
    what is BBA?


    aggriment doc.
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  • Originally Posted by prasenjit207
    what is BBA?


    Prasenjit ji,

    You own a flat in Karnam, signed BBA and you don't know what is BBA.

    BBA means Bechara Buyer Anjaan. ;)

    (BBA= BUILDER BUYER AGREEMENT). A moti si multi pages printed register to aap ne sign kiya hoga ya karoge.
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  • I know builder buyer agreement. Was not aware of this short form. Thnx Bro.

    Looking at the speed of construction work at site, I afraid that the project will be delayed by atleast 1.5 years.
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  • Originally Posted by prasenjit207
    I know builder buyer agreement. Was not aware of this short form. Thnx Bro.

    Looking at the speed of construction work at site, I afraid that the project will be delayed by atleast 1.5 years.


    Prasenjit,

    Don't worry delay in construction and possession is quite common now a days. Logix sold their projects with the promise of delivery in 18+ or -6 months. But still not delivered their first project in 3 years.

    We will be lucky If we will get our flat even after 1.5 yrs of delay.
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  • Hi..is it worth investing in this project?
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  • Originally Posted by deljatt
    Hi..is it worth investing in this project?


    yes if u have patienceeeeeeeeeeee...............
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  • why and how construction has stopped at Karnam site? Pl someone tell this forum.
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  • There is no update from Sikka in their website.
    But expecting some photograph very soon.
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  • Is there any penalty clause in BBA for delayed delivery?
    My copy of agreement is now with Bank.
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  • Originally Posted by prasenjit207
    Is there any penalty clause in BBA for delayed delivery?
    My copy of agreement is now with Bank.



    Yes. Rs 5/sqft per month. Means If you have flat of size 1000sqft, you will get Rs 5000/month.
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  • Photo has been uploaded today for Splendor tower. It is showing some progress.
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