1% is the mvat being charged by all the builders..since you have registered 3years bak it might b 0 or 1%...by no way its 5% ..some1 had sent the high court order copy also..its 50 pages ka..where builders had filed petition against 1% vat..
Thanks Mr.Sujit for sharing some information. It will be really useful and nice if more Hydite share their experiences and feelings abt Hyde Park.
When did you book the flat - as I came to know from several sources that if the registration is before 1st Apr 2010 then the MVAT comes to approx 5% while it is 1% if the registration is after Apr2010.
Yeh! I do agree with you that Nisarg is charging 3.5L for stilt parking albeit they have mentioned 1.5L while booking in 2009/10. Probably they may charge 5L or more if the possession is further delayed. It will be of some help to raise the voice together against such exorbitantly high charging for parking. The builder is just taking us for granted. When the economy is down and there is not much demand for the reality, builders including Nisarg try to get the extra money from the already trapped buyers with extra burden of MVAT, parking, service tax on everything including development charges.
Joined this forum late... I wanted to highlight that as such builders cannot sell parking separately as they have already taken money for the same from us. I have checked with many experts and they have agreed. Does anyone else have any contrary opinion?
Is there any govt. guidilines / orders are available regarding sell of parking area?...I think most of the builders are selling parking area seperately. One has to look into this issue so that buyers can be benifited.
Builder has not only increased the parking charges but is also asking for some Cidico charges also. For 2BHK it is 75,000 & for 1BHK it is 50,000. I am not able to understand what these charges are. For this amount he will not be giving the receipt also.
Does anyone know anything about such kind of charges.
Apart from development charges builder should not ask for any CIDCO charges. Never heard of any builder asking CIDCO charges - at least be firm in getting a receipt. What is the price for parking now?
Is there anyone checked the internal dimensions of the rooms which has been promised - although I am not sure, apparently it looks quite smaller during my recent visit to see 3BHK in B2. Tiling and basins are also of low quality.