Hi All ,

I hear that the Blue Ridge Phase II is not doing well. Anyone having any updates on this scheme? What is the possession date for phase II? Heard a lot of cancellations have been happening there any idea please update.

Thanks in advance.
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  • Delays and cost over-runs is nothing new in big construction projects all over the world...regardless of the country.
    Delay is the name of the game in an industry where an individual player has very little control over all the different systems ...and each system can veto other systems while interacting in a project such as this.
    Instead of complaining half way into the sail, anyone who books in any under construction project must factor in these realities.
    Now at least at BR, it won't be called a "delay".
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  • Super Bro

    thats an unusual defense....

    why wouldn't/shouldn't it be called a delay ??

    project is not even started and they shifted it by two years....who knows how many years it will take

    anyway...you are right in saying that anyone buying a UC project should understand this inherent risk...and I do understand and not losing sleep over it...I never felt bad for delay due to lack of approvals...but feeling short changed for a willful delay

    Its just I find entire saga a bit fishy as they have already laid foundation and no way it will take another 4.5 years to complete it ....delay looks more like a business call they have taken because of current slump on some changed priorities and thats a cheating to those who booked in 2012....
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  • Baruch......i have no interest in defending anyone....certainly not Mr. P.

    The difference here is, the folks at the new towers, have gotten the shock early......and that, in my books, is better than ( but still bad ) ..."its 2015 december and OH BTW due to such and such reason, it will be two more years......sorry".

    I can sure understand pain these ever changing dates inflict on families for whom BR's agreements (verbal or written) brought "promise of a home" by such and such date.

    BTW, just like you said, I too have never lost sleep over possibility of a delay....may be because I am not "just waiting" to move there.
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  • The registration date provided to me is end of November 2013 for the new towers(21,22 etc). Which is okay, as long as they keep on doing the construction work in parallel.

    Can someone please confirm with their contacts inside the Blue Ridge management, if this is going to be a reliable timeline.
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  • hii.. I have booked an apartment in T20, and face the same issue about the delayed posession, spoke to the BR sales team today and got the reply as " Possession will be given by 2015 or 2016 " but 2017 is " JUST IN CASE " .. while I am totally open to people getting together and meeting the builder, will it really help ? And even if hey do change it to 2016 on our request.. and there is a delay of 1 year .. even then I really dont see any builder paying any charges to the residents for the delay. (especially since they have an entire legal team.. and we have... well.. only this forum i guess :)
    Since agreement / registration is again delayed by another month, that would buy some time to think about what options we have,if any . Please update if any "morcha's" planned at the br office :) will def join in
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  • Can anyone here upload the point mentioning the possession date to be Dec 2017 ? This will help me see the point in legal perspective (wording) & help the buyers of BR to ask for amendments in it just in case builder claims 2016 as possession date & 2017 to be on safer side.
    Please don't see this from buyer or non-buyer of BR sight.
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  • isn't it common practice to have x+2 years date on agreement where x is date told while selling flat. i don't think this builder has done any cheating by doing this.
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  • Originally Posted by garibaadmi
    isn't it common practice to have x+2 years date on agreement where x is date told while selling flat. i don't think this builder has done any cheating by doing this.


    Only problem is......people who booked over last 18 months were at least given an impression that their flat will be done in usual 3- 4 years time......than BR dragged its feet in coming up with registration date.......than come to find out the time of completion mentioned in registration document is 2 years later than folks were originally given.

    You are right....probably nothing wrong is going to be done to these folks....but at the minimum its a communication issue that BR managed poorly.
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  • I personally dont think the delay from starting of booking till now is an issue at all. Especially since till now only 10% of the booking amount has been taken from us. and they still claim that the booking amount will be given back if people want to back out of the purchase .. Now for a lot of people, knowing there might be some delay is better as they can think about proceeding with the purchase or not..
    which is pretty decent on BR part.
    The pain in this whole issue is that quite a bit of foundation work is done, and we all know it def dosent take 4 years to build the 30 floors.. and there is no way of knowing if, they are using the 2 years additional time frame mentioned to delay and take their time.. after 80% or the payments are given.. which will be terrible !! or actually to safeguard their reputation !!
    I know for sure that while buying an under construction property lot of people ask.. "Possession time pe de rahen hai kya ? " .. and this could be a gimmic for the sales team to say after a couple of years " arey time pe nahi sir.. ek saal pehle hi possesion de diya!! 2017 bola tha aur 2015 mein de diya "

    Since i have already invested i am surely hoping the second alternative is true and not the first.. But would be great if anyone could shed some light on the legal aspects of this situation..
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  • Originally Posted by brres13

    The pain in this whole issue is that quite a bit of foundation work is done, and we all know it def dosent take 4 years to build the 30 floors.. and there is no way of knowing if, they are using the 2 years additional time frame mentioned to delay and take their time.. after 80% or the payments are given.. which will be terrible !! or actually to safeguard their reputation !!


    Its precisely the case which bothers me....else delay doesn't affect me....

    Returns apart....uncertainty for 4 years delays the execution risk....one never knows which builder tumbles when ? Though chances of it happening for BR is far less ....
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  • I totally agree, the fact that its BR project and the builders reputation is a big comforting factor,

    If the builder was LODHA for example, Would'nt have thought twice about getting the hell out of Hinjewadi. Even if it meant taking the first super crowded bus that came by Infosys cirle.

    But with the BR kind of project where they are completing huge projects and then moving on.. i would like to believe that the builder also is interested in giving possession and taking the remaining 20% ( as long as they are not the type who just keep rolling the cash between projects without completing them )

    From the "will delay after 80% is completed point of view " Even for the builder 20% of approx 1cr.. is 20 lakhs!! and with 4 flats a floor and 30 floors.. thats 24cr per tower and just from tower 20 to 23 .. can imagine why the builder would want to finish the project and move on.. cuz inspite of rising costs of materials etc he will still get the same agreed value at the end of 4 years instead of 2 years from us....

    well thats atleast how i am preventing myself from panicking about this 2017 info :)
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  • Originally Posted by brres13
    I personally dont think the delay from starting of booking till now is an issue at all. Especially since till now only 10% of the booking amount has been taken from us. and they still claim that the booking amount will be given back if people want to back out of the purchase .. Now for a lot of people, knowing there might be some delay is better as they can think about proceeding with the purchase or not..
    which is pretty decent on BR part.
    The pain in this whole issue is that quite a bit of foundation work is done, and we all know it def dosent take 4 years to build the 30 floors.. and there is no way of knowing if, they are using the 2 years additional time frame mentioned to delay and take their time.. after 80% or the payments are given.. which will be terrible !! or actually to safeguard their reputation !!
    I know for sure that while buying an under construction property lot of people ask.. "Possession time pe de rahen hai kya ? " .. and this could be a gimmic for the sales team to say after a couple of years " arey time pe nahi sir.. ek saal pehle hi possesion de diya!! 2017 bola tha aur 2015 mein de diya "

    Since i have already invested i am surely hoping the second alternative is true and not the first.. But would be great if anyone could shed some light on the legal aspects of this situation..


    I agree , as long as the work is in progress, its a matter of relief.. yes delay is a cause of concern but when i booked the flat in july 13, I was told by BR personel that the posession will be in dec 16 but we will try to deliver the units almost 6 months in advance !
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  • Originally Posted by realacres




    PRB,

    You rightly said about Samrajya, but man, Samrajya atleast now has co-op society, what about BR where buyers are dependent on builder 24x7 ??


    BR recently had a meeting where they formed a committee of residents of towers 1 to 8 , a society was formed and officially the handing over of the society was carried out with a small function .

    Do you have any idea, do normal society bylaws etc apply in the case of townships ? and what is the status of such a society ? considering the township office handles the overall maintenance etc etc..

    BR recently had a meeting where they formed a committee of residents of towers 1 to 8 , a society was formed and officially the handing over of the society was carried out with a small function .

    Do you have any idea, do normal society bylaws etc apply in the case of townships ? and what is the status of such a society ? considering the township office handles the overall maintenance etc etc..

    BR recently had a meeting where they formed a committee of residents of towers 1 to 8 , a society was formed and officially the handing over of the society was carried out with a small function .

    Do you have any idea, do normal society bylaws etc apply in the case of townships ? and what is the status of such a society ? considering the township office handles the overall maintenance etc etc..

    BR recently had a meeting where they formed a committee of residents of towers 1 to 8 , a society was formed and officially the handing over of the society was carried out with a small function .

    Do you have any idea, do normal society bylaws etc apply in the case of townships ? and what is the status of such a society ? considering the township office handles the overall maintenance etc etc..

    BR recently had a meeting where they formed a committee of residents of towers 1 to 8 , a society was formed and officially the handing over of the society was carried out with a small function .

    Do you have any idea, do normal society bylaws etc apply in the case of townships ? and what is the status of such a society ? considering the township office handles the overall maintenance etc etc..
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  • Originally Posted by brres13
    I know for sure that while buying an under construction property lot of people ask.. "Possession time pe de rahen hai kya ? " .. and this could be a gimmic for the sales team to say after a couple of years " arey time pe nahi sir.. ek saal pehle hi possesion de diya!! 2017 bola tha aur 2015 mein de diya "

    Don't think so. If that's the case, make it 2020 in agreement & say, 5 saal pehle possession diya :D. Better not imagine or guess things, better speak directly with concerned person in BR.

    Since i have already invested i am surely hoping the second alternative is true and not the first.. But would be great if anyone could shed some light on the legal aspects of this situation..

    That's why I asked the clause of possession to be uploaded here, but no response. How can one give some clue or idea without knowing the points mentioned in agreement ?

    As far as society is concerned, as per latest directive of Maha Govt, soc has to be formed. However, lot is in grey shade & can be highlighted only after you show your agreement to a good competent property lawyer.
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  • The registration and agreement has been postponed to next month. . for T20 ..

    GUYS!! anyone here with the actual agreement wording ??
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