Tuesday, July 10, 2012

Re:[Mahagunpuram] Regarding Possession

Hi Everyone,

I am Arvind Kumar Maurya...This first time when i am writing something from "Yahoo Blog" but on previous blog I shared few information....

I had visited Mahagunpuram development site on Saturday 6th July'2012 i.e. ..Honestly speaking I don't see any posession in this year'12. feeling bad to share this but actual site development condition is like this, Looks to me that they will not start any possession until park surrounded all towers are ready.

Many times i tried to get some official information from Mahagaunpuram noida office but could not able to get any offical possession date.

It doesn't look Mahagun builder has any actual project delivery plan in place. All development site progresses are on adhoc basis, every time you talk to them i.e. a new possession date comes in front of us. I was told my one of very reliable Marketing executive that from August'12 they would possession for two towers (15th story buildings) and in consequtive months i.e Nov/Dec'12...

But nothing is official..All above said dates I got it is just over the phone.

If anyone has any official confirmation on Possession date please share.

Thanks
Arvind [9871485132]- Located in In indirapuram Ghaziabad


1 comment:

ravi said...

Hi all

Have visited the site some 10 dys back...looking at the development i don't see possession anytime in next quarter.


Let me tell you that for a builder,building the structures one over other is a easy task, also this is required to get the funds from banks for units on Construction link plan...however what requires actual effort and intention is to get furnishing , fixtures done in time..as they are time taking activities..


Although Mahagun has paid the charges as per penalty clause however the rentals has increased to many folds since 2009 and people staying on rent are facing problems.. ...


The builder is not showing any improvement in terms of timely delivery and trust me with this speed they may disappoint any and everybody who holds the unit in the project..

Also it is also pertinent to mention that what so ever be the market situation builder should be ready to deal with road blocks from govt or local changes, price rice etc etc as any which ways he never shares the profit with anyone of us for deals which go smooth and without hurdles......the delay is more of an intentional issue where builder is not intending to share his cash flows for an ongoing project nearing completion....

I urge you all to unite now and discuss the issue with builder or in case required send a legal notice as well as although Mahagun is a CAT A builder but the project is almost 1 yr delayed....forget about making exactly what was showed/promised to us in 2009.... this is no less than forgery and cheating....The builder cannot keep delaying project as per there convenience and pay pea nuts to escape the situation.


We have earned him crores of profit in the time when industry was going through recession in 2009,and there is no reason to suffer that cause...