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Fountain Square, Shubh Builders, Jogeshwari, Mumbai
January 25 2010 , 10:08 AM   #1
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Fountain Square, Shubh Builders, Jogeshwari, Mumbai

Fountain Square Oshiwara Jogeshwari Investors/Buyers Forum.

Project Updates; (Possesion Oct.2012)

> Dear Group, I have not received any updates from last 2 months from any one, will appreciate if any of our member has any updates, please share with us here.
>"Some work has begun. The digging is nearing completion." 20th May10
>Investors ; please contact us for making this forum successful and one point of contact for updates.
>Investors/buyers are advised to update here in this forum, share the contact details...reply this thread with contact details for confirmation.

>Add following lines in yur browser as favourites for quick access to this forum:

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Thanks

For Fountainsquare Oshiwara Investors and Buyers Forum
January 26 2010 , 09:58 PM   #2
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We had seen this property..

We had seen this property..the place and thought abt this offer.. the stmt of the broker like 'banks wont give loan right now' warnd us a little..so we stayed away..but if this scheme is actually happening.. wud be good for investment.
February 19 2010 , 09:38 AM   #3
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Quote:
Originally Posted by fountainsquare
Hi

Recently I offered token for the new coming tower ( possesion dec 2012) Fountain Square Oshiwara Jogeshwari-Mumbai by Shubh Builders, I came to know about this property through Regal Estate in Andheri- Lokhanwala, they are investors/builder agents. I have offered token on 1st Jan 2010, for 940sft 5500. I am advised by the Regal Estate agent to pay 50% right now and rest of the amont as per slab wise starting after one year from now. I am yet to receive allotment/confirmation of flor number/flat number, for which my agent is working with builder for allotment letter confirmation. Once he is confirmed I have pay 50% including cash 1000 sft ( around 10 lac) right now total 25 lac appox (agreemnt will show 4500sft). Any body who is sailing in same boat:::
The project is not approved at this time. They don’t have commencement certificate. They don’t have BMC permissions. One of the brokers is posting the wrong info on net. The agent or broker is only interested in his brokerage. They say that construction will start after 2 years. Nobody knows if construction will start or not. Did you ask your lawyer for the “search report” of this property? Go for the “search report and you will find that is project may not start in 2-3 years and if they are able to start after 2 years nobody knows when it will be completed. It is SCAM. Ask your money back or you will repent.
Developer has no past record and developer is from DN Nagar Andheri W
March 6 2010 , 11:38 PM   #4
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Fountain square, oshiwara

Hello,
Iam also a booker of the flat & Iam little worried now. Though I already took chance in this, now I saw a new catch in this issue.
Visit www.ionic.in & you will see that many more have come in picture and you wont see "SHUBH" anywhere. Pls. check on this. I see here a great confusion because my allotment is given by SHUBH.

BR,
April 5 2010 , 07:49 PM   #5
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Hi

i have also paid a token amt towards a commercial premise in ths project ...but having read all yr views now have got confused ....can anyone suggest a way out or gv any concrete news on this project ...thanks
April 6 2010 , 08:49 AM   #6
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Why dont u all come together and ask the broker ? It might put some pressure on him if there are number of ppl behind him ..
April 19 2010 , 07:30 PM   #7
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dont believe any one unless being practical, see it for urself.. rumours .....it seems ..
April 22 2010 , 11:31 PM   #8
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Fountainsquare Work Update

Sounds good, I suggest we need to be here in this forum and form a group of investors and share all our contact details to each other for more visibility on this project, work is terribly slow as of now.
April 22 2010 , 11:35 PM   #9
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pls send me email with contact details to form a group of investors for updates:
April 28 2010 , 04:36 PM   #10
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Quote:
Originally Posted by ar19kh76
Hello,
Iam also a booker of the flat & Iam little worried now. Though I already took chance in this, now I saw a new catch in this issue.
Visit www.ionic.in & you will see that many more have come in picture and you wont see "SHUBH" anywhere. Pls. check on this. I see here a great confusion because my allotment is given by SHUBH.

BR,
See Page 17 & 19 of the Fountain Square Brochure, u can see shree shubh builders
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