3C Lotus Panache, Noida

Anyone booked with the 3C Lotus Panache in Noida so far?
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  • What is this confusion...... Multiple associations fighting with each other, and cutting deals with builder. What is the stand of LPWA...who are other associations. Can some please summerize for the wider audience.

    I shudder to think what will happen when we all shift in and live as neighbours. So much of acrimony and hatred now......what will happen when real issues of managing the LP crop up. Or all those who are fighting are pure investors. Even with investors....such public display of discord and acrimony will definitely decrease the already depressed resale value :(:(:(:(
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  • Originally Posted by mayank80
    True Picture of LPWA: Many non-LPWA members are asking: - What’s the deal (out of court settlement) done by LPWA with 3C? - Why none of the member of LPWA is disclosing any details about the out of court settlement? - How come tower 31 came into 3C approved layouts when LPWA originally started the fight back? - Why AC is expressing his interest in buying a flat in Panache Island (tower 30)? So here are the replies to each of these: - Deal is 8% penalty for all LPWA members (batch 1 & 2) irrespective of any delay in the payment. No area increase effectively. They will get area increase in the demand (to fool others) but 3C would refund them the money from the backdoor. All the penalty amount is held by core LPWA members, as and when possession would happen, members would get money from the core members. Special deal for core members (AC, others, Lawyer etc.): One flat in Island free of cost in addition to above. So LPWA has solely eaten all the benefits meant for all the 4000+ flat owners. What LPWA would do in return for 3C: - LPWA members have given signed approval to 3C for tower 31. - The above mentioned benefit is only for LPWA members, so core members of LPWA have been strictly asked not to allow any new members to LPWA, that why the member ship is pending. - Also LPWA should not allow/discourage the formation of any other association, because that way all benefits would be given to LPWA otherwise it would get divided. - That’s the reason that all members of LPWA have been instructed clearly by AC not to disclose anything to non-LPWA. - I think now you also understood why these days AC is trying to portray that he is looking to buy a flat in tower 30. Because he knows people might question how come a 1250 sqft owner got such a big flat in Panache Island. - Dear AC, it is easy to fool FB people, but how would you show an income and outflow of 1Cr+ money. An inquiry would reveal everything … So anybody who thinks high for LPWA or AC..… They are nothing more than cheats who have misguided so many buyers and eaten all their money. If you doubt on what I have written, then ask from AC. BTW, I have all the proofs… I am forced to post this message here as AC is not allowing me to become member of FB group. HAPPY INDEPENDENCE DAY
    So, you were sleeping when LPWA was forming. AC was asking people in every forum of this world to join LPWA, even then you were sleeping. LPWA filed the case and you were sleeping even then, LPWA was fighting but you were sleeping again, LPWA won and it made you mad that why you are not part of LPWA. And then you started mud slinging with kejriwal type stories. Grow up and fight with builder, not with fellow buyers. -Akash Agrawal ( member of LPWA)
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  • Sirjee thanks for this fine forensic analysis, waise aap party ho ya broker ? So seems that When u have so much of evidence of the wrong doings , please attend next AGM of LPWA and disclose the truth. It's very easy to become a krantikari when the storm has passed when u itself know that u were sleeping or chose to sleep when the storm was there. Also rightly said you should at least join Mr Vijay in the fight but how do u guarantee that you will not curse him if the things don't go right there.... I only feel sad on this act of yours.
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  • To all AC bhakats...

    I agree with all your observations that I was sleeping when LPWA was getting formed and so, & so on..
    Also agreed NCDRC benefit should be given to only those who were part of the case, no issue at all.

    But why dont you atleast reply the following (no harm in asking):
    - Ask AC if 3C has given him an island Flat?
    - LP has 4000+ flats, why LPWA membership is suspended? whats the harm in opening up the membership? I thought LPWA would be for the whole LP.
    - Why not disclose the deal in open?
    - 3C is culprit of all of us, who so ever have joined the case and even those also who have not joined the case.Not everybody is wise enough to make the right decision in the first chance, so does it mean you will stop him forever?
    - Why not open up the membership, enroll more members and file a fresh case?
    - Why LPWA is stopping them taking any action against builder?
    - Why AC approached Mr. Vijay to do a settlement with 3C and not create another group?
    - Why nowadays AC blames Authority and govt more than 3C. Why he defended 3C in the meeting with Noida Authority? Everyone knows how AC was behind 3C for all the mess, when LPWA was not formed.

    Mind it guys, If LP gets complete in future it would not be because of LPWA. In fact today LP is even lagging behing Lotus Zing, just because LPWA has eaten all the money.
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    • sunnylp1 years ago
      Short Answer to you "Neighbours envy owners pride". This is your situation. Long answer below • Island Flat: You said you had proofs for everything, then why don’t you show the proof that AC has a flat in island. Why are you hiding the proof? What is your intention? Are you from builder side when you say with confidence that 3C offered him a flat in island, do you want to break LPWA when it is fighting hard with the builder? • LPWA Membership: Managing more members is an effort and at this time, core team members want to spend their time and energies in construction. Moreover, more LPWA meeting are planned for next actions. In those meetings, discussion would happen about settlement also which cannot be shared with non LPWA members. There is no use of adding new members to LPWA when the focus is on construction now. BTW, why don’t you open a new group like “Frustrated Non LPWA Association”, add members to it and fight case with the builder and get all benefits what LPWA got. You need guts for that. • Disclose the Deal: As per confidentiality clause with 3C, deal details cannot be shared publically and LPWA does not want to be a cheater. Anyway, why should we share the deal details with any tom, dick and harry? Who are you, just another buyer in LP, so what. Okay, why don’t you tell your personal details like when you got married, how and when you had your first baby etc. • Stop Others from Fighting the builders : How the hell LPWA or anyone else can stop you or anyone in forming another association or fight with the builder. This is insane allegation without any logic. Is LPWA ruling this country? Go ahead, go ahead, fight the builder, it will help LPWA members also because of extra pressure. • Open Membership and File Fresh Case: LPWA cannot file another case for the getting the financial benefits as per the clauses of settlement with the builder. Are you saying that LPWA should not have accepted this clause and let go the financial benefits for LPWA members because of people like you who were sleeping earlier and now making allegations? Kyon Bhai Kyon? Why don’t you file the case and get all the benefits for all other 3400 members, come on….show some guts… All your posts suggest that you may be from builder side who wants to break LPWA because LPWA is now putting a lot of pressure on the builder to complete the construction ASAP and also because now 3C’s founder personal assets are at risk due to delays….
  • there was a email few weeks back on the start of work at panache- any update on this or was that another way to make a fool of us?
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  • Is Lotus Panache under RERA yet. It would be good to know if anyone applied for cancellation with refund and penalty under RERA for this project.
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  • A broker told me that work is in full flow on 4-5 towers (don't know which) and very slow on remaining towers. Seems they are planning to handover in phases of 4-5 towers as they will move workforce to next group once current phase is ready. There is a lot of pressure on builder due to RERA and also UP chief minister has been looking into Noida RE issues. There are many cases in consumer court either by individuals or group of people but not sure if any final decisions have been given by the court. It will help others if people can provide updates on their respective court case as we are all in the same boat!!

    I have been told that current rate in the market is around 4k psf all inclusive for under construction and about 5k for ready to move units. Hopefully it will go up once they start giving possession.
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  • Originally Posted by mayank80
    To all AC bhakats...

    I agree with all your observations that I was sleeping when LPWA was getting formed and so, & so on..
    Also agreed NCDRC benefit should be given to only those who were part of the case, no issue at all.

    But why dont you atleast reply the following (no harm in asking):
    - Ask AC if 3C has given him an island Flat?
    - LP has 4000+ flats, why LPWA membership is suspended? whats the harm in opening up the membership? I thought LPWA would be for the whole LP.
    - Why not disclose the deal in open?
    - 3C is culprit of all of us, who so ever have joined the case and even those also who have not joined the case.Not everybody is wise enough to make the right decision in the first chance, so does it mean you will stop him forever?
    - Why not open up the membership, enroll more members and file a fresh case?
    - Why LPWA is stopping them taking any action against builder?
    - Why AC approached Mr. Vijay to do a settlement with 3C and not create another group?
    - Why nowadays AC blames Authority and govt more than 3C. Why he defended 3C in the meeting with Noida Authority? Everyone knows how AC was behind 3C for all the mess, when LPWA was not formed.

    Mind it guys, If LP gets complete in future it would not be because of LPWA. In fact today LP is even lagging behing Lotus Zing, just because LPWA has eaten all the money.


    In my Opinion, LPWA lose their credibility with Non LPWA Members. They had a very shot term goal and they achieved it. We had some expectation from the LPWA.
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  • Sister concern of Gulshan Homz to complete pending Lotus projects Sharmila Bhowmick| TNN | Dec 1, 2017, 13:20 IST


    NOIDA: Straight Edge Contracts Pvt Ltd, a sister concern of Gulshan Homz, has confirmed that it is working towards completion of the pending apartments of The 3C Company under the 'Lotus' brand name.
    The two projects which Straight Edge is likely to intervene for completion are Lotus Panache at Sector 110 and Lotus Zing at Sector 168. Lotus group has completed its Lotus Boulevard Espacia project at Sector 100 and the project is in the last stages of finishing. Lotus 300, a project at Sector 107, hasn't been started so far.
    "Gulshan Homz is not involved with this. Straight Edge is a sister concern and they are working towards the completion of the pending projects of Lotus," Deepak Kapoor, director, Gulshan Homz told TOI.


    Lotus, through the brand name Lotus Greens has entered two collaborations with Tata Housing and Godrej for individual projects in Noida in 2016. However, its earlier projects are still at various stages of incompletion. Among these are Lotus Zing at sector 168 that has 16 towers of which only four have been completed. The buyers have come to an agreement with the builder on completion of the project through an escrow account. Lotus 300 is at sector 107, the construction for which has not started yet. Lotus Panache, a project at Sector 110 of 4000 apartments, has only 700 completed apartments so far. Of these 300 have been handed over and people are residing without occupancy certificates (OC).


    Meanwhile, the buyers of various projects of Lotus have called for a mass protest on January 8 on the issue of inordinate delays by the builder in delivering the projects.


    "In the RERA forms, the completion date has been written as year 2022. Most of these projects are already delayed by four to five years. So this means the buyers would have to wait for another four or five years for their houses," Sushil Kumar, general secretary, Lotus Panache Buyers' Association said. Panache buyers have filed a case against the builder at the NCDRC on October 25.


    They have demanded an immediate commencement of construction, 18% delay penalty among other things. As per the buyers, out of 30 towers at Panache only 9 are completed and possession given to buyers. Out of the 9 completed towers, three have been given possession without occupancy certificates.


    "The buyers have been waiting for year, now we don't know when finally we will get our houses at all. 2022 as posted as a delivery date by the builder is too far and too late," Sushil Kumar added. The next date for the NCDRC hearing of the Lotus Panache buyers' plea is on January 8; the same date when they plan to take out a street protest.


    Calls and messages to 3C management were not answered.


    https://timesofindia.indiatimes.com/city/noida/sister-concern-of-gulshan-homz-to-complete-pending-lotus-projects/articleshow/61877225.cms
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  • Lotus Panache buyers to protest against 5-years delay in project construction About 150 homebuyers are expected to converge in Delhi to stage a demonstration in front of the house of one of the promoters house of Lotus Panache.TNN | January 18, 2018, 12:00 IST

    NOIDA: Homebuyers who have booked projects in the long overdue 21 towers of Lotus Panache at Sector 110 in Noida have called for a silent protest on January 21. Construction is under way on these towers, which buyers have been waiting for.

    About 150 homebuyers are expected to converge in Delhi to stage a demonstration in front of the house of one of the promoters house of Lotus Panache.

    A collective visit to Lucknow to meet UP chief minister Yogi Aditya Nath is also being planned.

    Lotus Panache is a private residency project with 30 towers of which nine are constructed and occupied. Sold in 2010, the apartments were supposed to be completed by 2013.

    However, there has been delay in the completion of the remaining 21 towers.

    “Construction is taking place on site, but the speed is slow. By when will it be complete and by when will all the amenities such as club houses, common areas and other facilities be handed over? In the RERA declaration, the company has cited a new completion date of 2022, which is a 12-year-period for completion of the project,” Harpreet Singh, a buyer and resident of Lotus Panache said.

    Sanjeev Jain, a buyer who is at the helm of organising the protest, said, “Nearly 100 families have confirmed their attendance for the Sunday protest. After hosting this, we will organise a visit to chief minister Yogi Aditya Nath in Lucknow.”

    He added, “The question buyers have at this point is if nine towers were handed over, why the delay for the 29 towers? Where have all the funds deposited by the buyers been diverted to? Buyers are paying very high EMIs, we want proper clarity from the builder on this particular project.”

    “Last week we filed an FIR with Sector 135 police station against the builder under sections 420 (Cheating and dishonestly inducing delivery of property) and 406 (Punishment for criminal breach of trust) for misappropriation of buyers’ funds. We are awaiting police action on the complaint even as the buyers are coming together for protests,” Vijay Tehelani, a buyer said.

    Calls and messages to the Lotus Panache management seeking comments on the homebuyers’ complaints were not answered.





    https://realty.economictimes.indiatimes.com/news/residential/lotus-panache-buyers-to-protest-against-5-years-delay-in-project-construction/62548951

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  • Interesting turn of events has been witnessed on the Noida real estate landscape where the disgruntled buyers of The 3Cs Company projects claim to have figured out a way to get their investments sorted - Nirmal Singh - one of the promoters of the real estate company has been witnessing protestors at his front gates in huge numbers.

    What is interesting is the manner in which this whole event is been collaborated, planned and executed through a proper ‘event manager’. If the WhatsApp messages floating around are to be believed; there is a designated ‘event manager ‘to float the schedule of events and arrange props to choreograph the uproar. The ‘event manager’ is arranging date, time, venue details with elaborate planning, adding technology to the flavour of the protest and perhaps also arranging refreshments for the attendees.

    Sounds staged, doesn’t it? Is this a mere protest or is the person in the centre of it all - Nirmal Singh - being targeted in a planned manner by the lobby operating in Noida towards the few who have survived the crashing down of the real estate sector in the past few years? Why is only Nirmal Singh finding such ‘event managed’ protestors at his residence front gates and the other promoters of The 3Cs Company - Surpreet Suri and Vidur Bharadwaj nowhere to be seen or heard about? Why is no one holding them accountable?

    As I said - interesting turn of events staged by an ‘event manager’ with much fanfare and props. Something’s cooking behind the scenes!
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    2 Comments
    • amitexpert8 months ago
      Stop living in fools paradise. This is not your page 3 gossip, it's the houses of thousands of homebuyers whose money has been on stake and don't worry, none of 3 will be spared.
  • Initially I did not trust what mr. Mayank had mentioned about AC, but after seeing proofs, I am shocked.
    I hope by now, many of you would have also seen the proof that AC has a flat in Island.

    Just check the owner details of flat no: 2303, tower 30 (see the attached pic).

    AC says that he is in talks with the owner to buy a flat in tower 30, but deal is not yet closed.
    Sidd Prakash (a close associate of AC) claims that AC has just two flats in LP, he knows because he has taken a loan of 90 lakhs through him.

    - What a funny situation. A loan broker (who only deals in black money, ulte seedhe loan karvata hai logo ke), woh AC ki credibility ki guarantee le raha hai.

    There are so many things that which cannot be digested at all:

    - Isn’t it strange that the flat deal which is not yet closed, how come flat-handover team of 3C has AC’s name against Flat# 2303 in their list?

    - Isn’t it strange that a person having 90 lakhs of loan claims to be in the process of buying 2800 sqft unit of price about 1.5 crores. Kaun sa jackpot lag gaya, bhai hume bhi bata do jara

    - Isn’t it strange that builder suddenly changes his priority of completing towers 4,3,2,1 and shifts to tower 30

    - Isn’t it strange that in this last try to complete LP, only tower 30 gets to completion

    - Isn’t it strange that LPWA withdraws NCDRC case just when builder handed over tower 30

    - Isn’t it strange that the most of the LPWA core team has flat in tower 30: AC, Sumeet Saxena, Pramod etc. I am sure this was not the case when LPWA was formed.

    AC: I know You are trying to fool people by posting that you intend to sell your tower 16 and buy in tower 30, or I also know you have again started talking against the builder, I also know you have got the false ownership trail of this flat from 3C, but truth remains the same.

    But boss, how would you show bank transactions…

    If you have the guts, then just shift to that flat. I bet you, I have collected enough proofs, and I will make sure that IT people raid you the very next day.

    You just shift to that flat… So many people waiting to get hold of you.



    What a foolish set of LPWA members.

    - Not worried about their flat delivery, but more worried about penalty from 3C. Bhai logo, jab flat hi nahi milega to penalty ka kya karoge… aur agar 5-10 saal ke delay ke baad mil bji gaya to, will penalty be able to compensate the loss in value of your flat. Already prices have gone below 4500…

    - Now even the penalty cheque (from 3C) have bounced, ab to kuch bolo.


    I advice you guys specially Sidd Prakash, Pramod etc. to stay out of this, don’t want to drag you but if you will force me, then wont have any other option.
    Photos:
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  • Noida: Lotus Panache buyers launch twitter campaign over delay The buyers of flats at Lotus Panache said the campaign — #4000HomelessFamilies — was a run-up to a demonstration they had planned on February 3 outside the houses of two of three of the directors of the company, 3CSharmila Bhowmick | TNN | January 29, 2018, 15:00 IST


    NOIDA: Around 4,000 home buyers in an apartment complex in Noida’s Sector 110 have launched a campaign on Twitter to protest the alleged delay on the part of the developer to hand over flats.

    The buyers of flats at Lotus Panache said the campaign — #4000HomelessFamilies — was a run-up to a demonstration they had planned on February 3 outside the houses of two of three of the directors of the company, 3C. The home buyers had recently demonstrated outside the house of one of the directors in Delhi.

    “There are three directors in 3C and we have protested in front of the houses of one. We want to take this protest further. So, on February 3, we will hold silent demonstrations outside the houses of the two remaining directors,” said Amit Chauhan, a buyer.

    Most buyers who participated in the social media campaign over the weekend have asked for a clarity on the delivery of the flats.

    Of the 30 towers of Lotus Panache, only 9 have been handed over so far. These nine towers house around 1,000 residents. Around 4,000 flats are awaiting delivery.

    The builder had earlier said the construction of the flats was in progress and they would be delivered in time. In the RERA registration, the builder has committed to a 2022 deadline.

    “We have sought the chief minister’s attention on the issue. We want the Noida Authorityto disclose to the public all details found in a research conducted by them on some builders,” Chauhan said.

    “The social media campaign has been successful in its outreach. We will sustain it. Most buyers are paying an EMI and a rent and are under financial pressure,” said Arpit Kapoor, another buyer.










    https://realty.economictimes.indiatimes.com/news/residential/noida-lotus-panache-buyers-launch-twitter-campaign-over-delay/62692313
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  • Homebuyers in Sector 110 to form ‘human chain’

    Sharmila Bhowmick| TNN | Apr 9, 2018, 00:46 IST

    NOIDA: Over a hundred buyers of Lotus Panache, a project by 3C Company, protested outside one of its directors’ house on Sunday against delayed construction. According to the buyers, who have been waiting for their flats for the past nine years, they would soon form a human chain near the Prime Minister’s Office.

    Lotus Panache, located at Sector 110, is a residential project of 30 towers of which nine have been constructed and handed over. The project, launched in 2009, has 900 buyers residing at present. The remaining 21 towers are yet to be delivered. According to the Lotus Panache management, construction is in progress.

    “Construction is in progress at two towers in the complex, but for a project which is already overdue, this is slow work. Our protest today was against this slackness. The entire project was supposed to be delivered by 2013,” Harpreet Singh, a protester, said.

    “We are taking our protest to the next level. We are seeking the attention of the prime minister in our struggle to get justice. We are also planning to take our complaints to the Delhi Police Economic Offences WingSushil Jain, another protester, said. “Buyers have all paid up 95% of the dues to the company. The company management owes the buyers an explanation. We will continue our protests until we get an answer for our questions posed with the 3C Company management,” Harpreet Singh, added.


    The builder could not be reached for a comment.








    https://timesofindia.indiatimes.com/...w/63672737.cms
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