IREF® Real Estate in India - Property Discussion
Revert to old theme

Download our app now !



Reply
42Likes

Sampada Livia - Greater Noida
August 4 2012 , 10:11 AM   #581
Member

rohitabc's Avatar
 
Join Date: Mar 2008
Posts: 317
Likes Received: 20

How cm Ajnara Panorama is bankable ? ? This project is also nt approved by YEIDA yet.
August 4 2012 , 10:37 AM   #582
Member

ashishmalviy's Avatar
 
Join Date: Aug 2012
Posts: 74
Likes Received: 23

Dont know about Ajnara.. but its general practise being followed by alsmost every bank.. that when builder start construction work they send detailed project report to banks .. banks representatives visit the site and approves the project. After then one can get the home loan for that project. However some banks also take risk and start approving the home loan .

for example i have been told that PNB housing finance is financing right now for livia for other banks i hv to wait till they start excavation and other banks approve their project

further Livia comes under Greater noida development authority not under YEIDA
August 4 2012 , 07:50 PM   #583
New Member

gomzie's Avatar
 
Join Date: Jan 2012
Posts: 38
Likes Received: 1

Quote:
Originally Posted by ashishmalviy
Shubhkamna Livia is not yet bankable.. only after starting of construction work bank approves the project and then only u can apply for the loan

I heared that near Yamuna expressway many builders prposed the project but only projects of only two builders are approved till date..

However i have also booked one 995sq feet in livia just 3 days back
Is it a fresh booking or resale? At what rate did you buy?
August 5 2012 , 11:00 AM   #584
Member

chaksam's Avatar
 
Join Date: Nov 2011
Posts: 67
Likes Received: 16

Any Update on the "No Escalation" clause in the BBA. Has anyone got it changed in the BBA?
August 6 2012 , 06:44 AM   #585
Member

anaggarwal's Avatar
 
Join Date: May 2012
Posts: 108
Likes Received: 3

Quote:
Originally Posted by chaksam
Any Update on the "No Escalation" clause in the BBA. Has anyone got it changed in the BBA?
I went to Shubhkamna office and requested to include this clause in BBA. They simply denied. Then I said thet in such a case I will not be able to invest in any shubhkamna project and want the refund of money. After discussing it with senior management, they agreed to include in allotmentment letter. They have agreed to give me updated allotment letter with "No Escalation" clause. After getting this updated allotment letter only I will sign the BBA.
August 6 2012 , 12:08 PM   #586
Member

ashishmalviy's Avatar
 
Join Date: Aug 2012
Posts: 74
Likes Received: 23

Quote:
Originally Posted by gomzie
Is it a fresh booking or resale? At what rate did you buy?
Its a fresh booking 2695 BSP for 5th floor

I have not recived BBA yet .. and will definiatly ask to include esclanation clause.
August 8 2012 , 08:57 AM   #587
Member

anaggarwal's Avatar
 
Join Date: May 2012
Posts: 108
Likes Received: 3

Heey.... Yamuna Expressway is finally openeing on 9th August. The preperations are going on for the inaugeration. There are lots of tents and chairs put there for the inaugeratinon function....
August 8 2012 , 09:40 AM   #588
Member

ashishmalviy's Avatar
 
Join Date: Aug 2012
Posts: 74
Likes Received: 23

Good congrats
August 8 2012 , 01:42 PM   #589
Member

ashii2's Avatar
 
Join Date: Dec 2011
Posts: 329
Likes Received: 23

Quote:
Originally Posted by ashishmalviy
Its a fresh booking 2695 BSP for 5th floor

I have not recived BBA yet .. and will definiatly ask to include esclanation clause.
You may not agree with me but BBA says Payment sechdule will be as per attached allowtment letter. Allotment letter has Price Defined as per your Purchase rate.

what is question of increasing or decreasing price if you say you are selling at X rate.
August 8 2012 , 02:05 PM   #590
Member

ashishmalviy's Avatar
 
Join Date: Aug 2012
Posts: 74
Likes Received: 23

Quote:
Originally Posted by ashii2
You may not agree with me but BBA says Payment sechdule will be as per attached allowtment letter. Allotment letter has Price Defined as per your Purchase rate.

what is question of increasing or decreasing price if you say you are selling at X rate.
as per my openion Esclanation clause should be there in BBA..
Otherwise they may give a new allottment letter with increased price stating that price has been revised and now u hv to pay as per the revised price..
we all should aproach to builder to include the esclanation clause in the BBA.
Choose theme from here -
LinkBack
LinkBack URL LinkBack URL
About LinkBacks About LinkBacks