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Amrapali Sapphire, Amrapali Group, Sector 45, Noida

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Amrapali Sapphire, Amrapali Group, Sector 45, Noida

Last updated: July 7 2017
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  • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

    Originally posted by HARmu1968 View Post
    If penalty clause exists in BBA - Builder has to pay today or, at later date (before possesion - adjusted with the final amount to be paid by the buyer). Where is the confusion.... are we in a lawless country / State (run by Haath-chhap/Cycle-chhap) ??? Moreover, this is not the first and last of the Project... the builder is aware that his Brand will nose-dive in todays well connected social media.

    These are all positive words - hope the code of ethics prevails in Builder. Till then
    A builder can't say no if penalty clause is there in PAL / BBA. He can only refuse / avoid penalty for those units where the delayed payments were made, even by couple of days....., but for all those who are disciplined in clearing their dues on time, the builder don't have any option.

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    • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

      Originally posted by dabbu73 View Post
      A builder can't say no if penalty clause is there in PAL / BBA. He can only refuse / avoid penalty for those units where the delayed payments were made, even by couple of days....., but for all those who are disciplined in clearing their dues on time, the builder don't have any option.
      delaying payment for months is one thing ans for a week or two is another

      and anyhow, buolder will calcilate delayed payment interest @18% and also the late possession @10psf the difference will decide whether he has to pay or receive money.

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      • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

        Originally posted by expressway16 View Post
        delaying payment for months is one thing ans for a week or two is another

        and anyhow, buolder will calcilate delayed payment interest @18% and also the late possession @10psf the difference will decide whether he has to pay or receive money.
        That is the ideal case but however in reality, the way BBA / PAL are designed, interest on delayed payment and penalty for delay in possession are separate clauses without any relation to each other and penalty is only applicable if timely payments. So if a builder wants (typically a B/c/d grade ones), then he can not only charge for delayed payments but also refuse the applicability of penalty. And in most of the cases this is only the reason, which is also legally correct as the buyer is signatory to BBA.

        Otherwise can you imagine with the kind of stakes involved, these builders can afford to say no for something given in writing......... and that too after having such a media involvement and easy/simple legal recourse available through consumer courts....
        Last edited by dabbu73; February 8 2013, 06:07 PM.

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        • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

          Originally posted by dabbu73 View Post
          That is the ideal case but however in reality, the way BBA / PAL are designed, interest on delayed payment and penalty for delay in possession are separate clauses without any relation to each other and penalty is only applicable if timely payments. So if a builder wants (typically a B/c/d grade ones), then he can not only charge for delayed payments but also refuse the applicability of penalty. And in most of the cases this is only the reason, which is also legally correct as the buyer is signatory to BBA.

          Otherwise can you imagine with the kind of stakes involved, these builders can afford to say no for something given in writing......... and that too after having such a media involvement and easy/simple legal recourse available through consumer courts....
          doston piyush group ka malik aise hee ander nahi gaya....offcourse BBA had some clauses like penalty etc but builder didnt pay

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          • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

            i want to buy a flat in amrapali sapphire 1600 sqft size . please contact me or message me

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            • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

              But how to ensure that you get your genuine due? After issue of Possession Letter the ball is in your court and demanding the penalty alone is something to think twice - unless you are from a NEFOMA sort of body to push the cause. It is difficult to fight with the might of the builder. Jiski laathi uski *****.


              Originally posted by dabbu73 View Post
              That is the ideal case but however in reality, the way BBA / PAL are designed, interest on delayed payment and penalty for delay in possession are separate clauses without any relation to each other and penalty is only applicable if timely payments. So if a builder wants (typically a B/c/d grade ones), then he can not only charge for delayed payments but also refuse the applicability of penalty. And in most of the cases this is only the reason, which is also legally correct as the buyer is signatory to BBA.

              Otherwise can you imagine with the kind of stakes involved, these builders can afford to say no for something given in writing......... and that too after having such a media involvement and easy/simple legal recourse available through consumer courts....

              Comment


              • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

                Originally posted by HARmu1968 View Post
                But how to ensure that you get your genuine due? After issue of Possession Letter the ball is in your court and demanding the penalty alone is something to think twice - unless you are from a NEFOMA sort of body to push the cause. It is difficult to fight with the might of the builder. Jiski laathi uski *****.
                Some informed in iref on panache thread that ec is refused for sapphire project

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                • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

                  Originally posted by Rebele003 View Post
                  Some informed in iref on panache thread that ec is refused for sapphire project
                  What is EC?
                  Thanks

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                  • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

                    Originally posted by cookie View Post
                    What is EC?
                    Environmental Clearance

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                    • Re : Amrapali Sapphire, Amrapali Group, Sector 45, Noida

                      Is this the news related to YET another clearance from XYZ official body for carrying out SOME construction activities within 10 kms from Okhala Bird Santuary??? More money....


                      Originally posted by dineshsays View Post
                      Environmental Clearance

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