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Assotech Windsor Court by Assotech Builders in Sector 78 Noida

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Assotech Windsor Court by Assotech Builders in Sector 78 Noida

Last updated: January 9 2021
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  • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

    Originally posted by sksbses View Post
    Some 30-35 family already living in completed towers. Told by a maintenance office guy. Power back up, security guards in place.
    almost no manpower seen on site. Seeing the current situation, No idea when r we doing to get the possession. Heard in another Assotech projects buyers and builders together monitoring project progress and payments (escrow account) to ensure completion.
    Which is the project where Escrow arrangement has been worked out with buyers? Can you name the project please?

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    • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

      There was a big article in Noida news paper. Assotech Celeste. i think it is sector 44 Noida.

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      • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

        Hi Guys,
        No updates for assotech!!
        Good News for Jaypee home buyers. Deal confirmed between Jaypee and Ultractech for Cement Unit sale.

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        • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

          I have flat in Tower E.

          How can I get added to the whatsapp group?
          Last edited July 14 2016, 07:29 AM. Reason: Text formatting.

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          • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

            Hey Guys, if anyone has any updates pls share. Pls ready below. Will we get our flats?
            What shall we do now?
            -----------------


            ASSOTECH LIMITED
            As on: June 29, 2016

            Assotech Limited is a Public incorporated on 11 April 1996. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 330,800,000 and its paid up capital is Rs. 236,588,000.It is inolved in Building of complete constructions or parts thereof; civil engineering

            Assotech Limited's Annual General Meeting (AGM) was last held on 30 September 2014 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2014.

            Directors of Assotech Limited are Ravinder Kumar Dogra, Manoj Srivastava, Jayaraman Somaskandan, Sanjeev Srivastva, Rajeev Srivastva, Amitabh Jitendra Chaturvedi, Abhinav Bhushan, Amish Chandrakant Pandya, Sharmil Chandra Bhushan, .

            Assotech Limited's Corporate Identification Number is (CIN) U45201DL1996PLC078063 and its registration number is 78063.Its Email address is roc@assotechlimited.com and its registered address is 148-F, POCKET-IV, PHASE-1, MAYUR VIHAR, DELHI DL 110091 IN , - , .
            Current status of Assotech Limited is - Under Liquidation.

            Company Details
            CIN U45201DL1996PLC078063

            Company Name ASSOTECH LIMITED
            Company Status Under Liquidation
            RoC RoC-Delhi
            Registration Number 78063
            Company Category Company limited by Shares
            Company Sub Category Non-govt company
            Class of Company Public
            Date of Incorporation 11 April 1996
            Age of Company 20 years, 2 month, 27 days
            Activity Building of complete constructions or parts thereof; civil engineering
            Click here to see other companies involved in same activity.
            Attached Files

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            • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

              Hi,

              Are you in Assotech Buyers whatsapp group? How can i get added to it?


              Regards
              Last edited July 14 2016, 07:31 AM. Reason: Do not post personal information, such as full names, email addresses, numbers, or home/business name/addresses on the forum.

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              • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

                Any updates guys. pls read below.
                --------------------

                Home buyers collaborate with developers to complete projects
                Home buyers collaborate with developers to complete projects | Real Estate Property News, Price, Updates, Trends in india @TheRealtyPaper

                Rather than dragging builders to court over long delays, the home buyers are now trying a collaborative approach in which they fund the completion of their homes but demand oversight of the expenditure and progress of the project. With builders pleading they are unable to raise funds to complete projects, buyers’ associations are chipping in at Uniworld Gardens II and Residences (Unitech), and Aloha (Aerens Group), in Gurgaon. In Noida, similar efforts have been mounted at Celeste Tower (Assotech Group) and Lotus Zing (3C). Other builders such as Amrapali and Jaypee Group, who had launched thousands of flats across Noida, Greater Noida, and Ghaziabad, are also trying to get buyers to collaborate, especially in projects where their dues from buyers exceed or are close to the cost of completion. “Now, we see some hope of getting our flats completed,” said Rahul Aggarwal, president of the residents’ welfare association (RWA) at Unitech’s Uniworld Garden II in Gurgaon. The project is five years overdue and, Aggarwal said, buyers had grown tired of making the rounds of the construction site and the developer’s head office. So, when the Haryana government nudged the builder to speed up work, they too decided to play along. “We wanted our flats and realised that going to court was not an answer as that would have delayed the delivery further,” said Vikram Bishnoi, RWA president at Unitech Residences. Sanjay Chandra, co-managing director of Unitech, said they agreed to take buyers’ representatives on their monitoring committee to restore confidence in the management and get buyers to start paying their dues. Although payments from buyers will not suffice to finish the projects, Unitech has promised to bridge the gap, and expects to hand over 1,400 apartments by the year-end. It has also replicated this buyer-builder monitoring body in its other residential projects like Nirvana Country II in Gurgaon and Unihomes I in Noida. Rohit K, who bought a flat in Aloha, has been paying an EMI of Rs 37,000 since 2005, and his rent has also increased to Rs 23,000 a month in the past 11 years. But now that Aerens Group is collaborating with buyers to finish the project, Rohit is “hopeful of getting possession of my flat by December this year”. Shrey Aerens, promoter of the group, said they are comfortably placed in terms of funding as finishing the flats will cost Rs 7.5 cr, as against their receivables from buyers of Rs 9 cr. The construction stalemate in NCR started because builders diverted buyers’ payments to start new projects. But this rollover funding model crashed in the downturn of 2008-09 as new bookings and also funds from banks and private equity dried up. By allowing buyers’ representatives to monitor projects, builders hope to end the trust deficit. The payments received from buyers of a project are held in an escrow account and cannot be withdrawn without the signature of the representative, nor spent outside the project. To tide over any shortfall, the builder raises funds through block sales of unsold units and other sources. Assotech has opened an escrow account for its Celeste project in Noida, and handed over 49 of 362 units. Although it faces a shortfall of Rs 35 crore, it has promised to finish the project this year. 3C’s Lotus Zing project in Noida that was launched in 2010 is also being finished under a similar arrangement. Its RWA president, Sunel Kant, said construction had resumed in January 2016 and fit-outs will start in two of the 16 towers in June. The entire project with 2,454 apartments is expected to be ready by May 2017.

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                • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

                  Why everyone so silent? No news? I am sure some of you must be visiting Assotech site/office. Guys pls keep posting.
                  Regards.
                  Last edited August 22 2016, 10:39 AM.

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                  • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

                    Need opinion from people living in the society about construction quality and if there are any issues here or not

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                    • Re : Assotech Windsor Court by Assotech Builders in Sector 78 Noida

                      Assotech is a Fraud Builder. Be it Windsor Court , be it Nest , Be it Celleste or Breeze. There are multiple cases of fraud where he has sold same flat to multiple buyers. There are inquiries taking place against Sanjeev Srivastava prime accused. I guess Windsor court people know this double sale cases well. Now 1 case in Celleste is also identified Imagine a Flat sold to 2 parties for 2 Crores each. Beware of this Scamster if you are planning anything with them
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