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Showing posts with label Delayed Possession of Flat. Show all posts
Showing posts with label Delayed Possession of Flat. Show all posts

Saturday, October 14, 2017

MahaRERA orders Runwal Homes to pay back Rs 1.94 crore with interest to a flat buyer

Runwal Homes to challenge the order in the Bombay High Court -
'Since the sale agreement was executed in 2014,
MahaRERA did not have jurisdiction
as the Act came into effect in May 2017':


MahaRERA

Complainants Avinash Saraf and Neha Duggar Saraf, approached the regulator after the developer did not hand over possession as stipulated in the sale agreement.

They paid Rs 1.74 crore between October 2014 and January 2017, to book a flat in Runwal Greens project in Mulund (West).

They said the flat was to be given to them on or before August 2016 as stipulated in the sale agreement. But the developer failed to do so.

The complainants said they paid 97% of total consideration of the flat.

They further contended under subvention scheme promoted by the developer, Runwal paid interest up to August 2016 under the tripartite agreement.

Thereafter the bank recovered instalments with interest from the complainants.

The Sarafs demanded the amount with 21% interest as compensation.

“When the complainants showed their willingness to cancel the booking, the respondent (Runwal) offered to refund amounts received, by its e-mail dated 1.03.2017. But the complainants insisted the developer pay interest at the rate of 21% and therefore, the matter could not be resolved,“ said the order.

“The complainants are entitled to get consideration amount of Rs 1,74,17,986, Rs 8,86,800 as stamp duty and registration charges and Rs 11,00,000, which is the amount of interest paid by complainants to bank during 30.09.2016 to 31.07.2017 with interest,“ said the order.

Read more at - Rera regulator orders builder to pay Rs 1.9 crore to buyer

Related Story:


1) Darode Jog faces penalty for delayed possession of Padmanabh at Moshi

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Friday, February 17, 2017

Victims of delayed flat possession - you are invited!

Saturday, 18th February 2017, 11am – 1230pm,
Velocita Brand Consultants,
6th Floor, RamSukh House, Next to Sancheti Hospital,
Shivaji Nagar 411005:



Hello! A tech startup based out of Pune is working on creating a digital product to bring home buyers together on a platform to connect and engage with not only other buyers but also potentially their builder.

A research team on this project, is looking to connect with consumers in Pune who have booked a home but are stuck with delayed possession.

Whether your possession is delayed by a few months to a couple of years and you may have tried many ways to contact your builder or have taken legal steps, please, reach out.

The research team would like to meet you, to discuss your journey and the problems faced by you and your family. They are seeking valuable insight and inputs.

The focus group discussion will take place on Saturday, the 18th of February, at 11am – 1230pm at - Velocita Brand Consultants - 6th Floor RamSukh House, Next to Sancheti Hospital, Shivaji Nagar - 411005

Please confirm your participation.

Call - Kaajal Shaikh - 8308804957




Related Stories:


1) Don't book a flat in Pune till RERA is implemented

2) 5 Objections Against Maharashtra RERA Rules

Subscribe for Free!


To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

Feel free to call me:


I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Monday, June 20, 2016

Flat buyers sent legal notice to the builder Amey Prakash Lokhande

Kind Flat Buyers & Inconsiderate Builder:


Mr. Amey Prakash Lokhande, The builder of Sainath Palace, Wagholi, Pune

After meeting the flat buyers of Sainath Palace at Wagholi, I called their builder Mr. Amey Prakash Lokhande. He immediately agreed. We met at a mutually convenient place.

Amey Lokhande was well prepared. He told me that he reads & admires my blog. He also told me that I should write about the issues builders face. Particularly, the small builders like him.

Amey Lokhande's entire argument was based on - how it has become difficult for the small builders to operate.

Not Amey Prakash Lokhande but the circumstances are responsible for the stalled construction of Sainath Palace. Instead of blaming me - you should blame the circumstances and support me.

I am a good person. And in these circumstances - doing business has become difficult for good people like me. Lokhande tried to convince me.

"Circumstances? Means what?," I asked Amey.

"Government & big builders!," said Amey.

"You mean to say - the government and some big builder are responsible for the stalled construction of Sainath Palace?," I asked.

"Yes! You got it right!!," said Amey and added that - "Ravi, you should write about theses issues. In fact, I was planning to meet you to convince you to blog about it!"

I was impressed. What a strategy!

1) First, Amey Lokhande tried to win my heart by admiring & praising me.

2) Then Amey held someone else responsible & gave himself a clean cheat.

3) After that he tried to divert my attention from Sainath Palace to the government & big builder nexus.

Amey Prakash Lokhande knows how to play mind games! No wonder - he could easily convince the buyers to book a flat in the almost stalled project, take loan & give him 90 percent property price & patiently wait for possession for 2 years!

Ravi, go & tell those flat buyers - Amey Prakash Lokhande is a good human being. Though the ugly nexus of big bad builders & government almost destroyed him - he is trying his best to complete Sainath Palace. This was his parting message for me.

Amey Prakash Lokhande expressed no empathy for the flat buyers of Sainath Palace. Amey Prakash Lokhande expressed no guilt for hurting the flat buyers. Amey Prakash Lokhande expressed no shame for lying & breaking promises about flat possession. Amey Prakash Lokhande didn't express any concern for the flat buyers.



After coming home from the meeting, once again I viewed above Marathi video interview of the 3 flat buyers. In this interview they talk about sending legal notice to their builder - Mr. Amey Prakash Lokhande. In this viewing I realized how great these guys are.

Let me tell you why these guys are great:

1) In January 2015 these guys tried to play the kind of 'mind game' the builder was playing with them and made Amey Prakash Lokhande sign the MOU about giving flat possession before 31st March 2016 or giving rent if he fails to give possession. But when the builder's cheques were dishonored they freed themselves from playing 'mind games' and sent him the legal notice. Now, they have left no option to their builder but to pay for his misdeeds.

Only three buyers, who could afford to buy 10 - 20 lakh rupees property, has shown the guts to do what a group of 100 buyers who have booked 50,00,000 - 100,00,000 rupee property don't dare to do.

2) Though they have taken assertive steps and announced their intention to file a case against their builder Mr. Amey Prakash Lokhande in criminal, civil & consumer courts, they have expressed their concern & kindness.

If the builder starts the construction and gives us possession in 2 - 3 months we will pardon the builder for what he has done to us - they have said in the interview.

Showing compassion for someone who has hurt you so much is found only in human beings. Not in the builders. Right?



Related Stories:


5) My builder's unscrupulous tactics

4) Required - Builder's Credit Report & Credit Score Rating

3) My biggest mistake - I didn't construct a gunthewari house

2) In 2016 - where to book a flat in Pune real estate market? (Part 2)

1) In 2016 - where to book a flat in Pune real estate market? (Part 1)

Subscribe for Free!


To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

Feel free to call me:


I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Saturday, October 17, 2015

Delayed Possession of Flat....Stalled Project....What can Pune property buyers do?

The Case of Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune:


Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune - Delayed Possession of Flat? - Stalled Project? - What can Pune property buyers do?



Pune flat byers, please, help the flat buyers in Mango Woods.

Visit Sanklecha Constructions' Mango Woods (www.sanklecha.in) at Survey No. 39/4, Pisoli, behind Kumar Princetown, NIBM Road, Undri (NIBM Annexe), Kondhwa, Pune 411 048(!?)

Inspect the construction status, and please, tell the flat buyers - when they can get possession of their flats.

The other day, I visited Mango Woods. Some work was going on. I visited a few flats. I talked to a couple of flat buyers. But, you know what? I failed to guess the possession date.

Someday - for sure - you will get the possession. That's all I could say.

Sure. Someday - we will. But when? In which year? For the last 3 years - we are waiting for that day. The flat buyers said.

Why don't you ask the builder? I asked.

Yes, we can! The builder will give the date. But not the possession. In the last 3 years he has only given dates - Tarikh Pe Tarikh - not possession. Said the flat buyers.

When you booked the flat - why did you think that the builder will be able to complete the project? I asked.

Sanklecha Constructions is from Nashik - they are in construction for many years - at Nashik their reputation is good - so we assumed that they could - said one flat buyer.

You were right - someday - as per their convenience - they will complete the project & give possession! I said.

Yes! What to do to get it as early as we can? Asked the flat buyer.

What have you done in the last 3 years? I asked.

We have done everything - we could. Collecting mobile numbers & email ids of maximum number of flat buyers. Forming Goolge & Whatsapp groups. Organizing builder & flat buyers meetings. Discussing & negotiating new possession dates. Helping the builder to sell the flats. Persuading flat buyers to pay their outstanding installments. Frequently visiting the site to confirm that the construction work is going on.

What more can we do? The flat buyer asked.

It means that you - the builder and the flat buyers - are on the same page - both of you are working together as a team to complete the project - Right? I said.

Yes! We have practically become - co-promoters!! Said the flat buyer.

When you book a flat - that's what you become! I said.

But we don't have any say - any power - to speed up the construction - we are helpless. Said the flat buyer.

In this situation - can't we do anything more than just waiting anxiously - suffering miserably - can't we do something more than begging for possession? Asked the flat buyer in Mango Woods.

Sure, you can! I will find out and come back to you. I said & took their leave.

So, please, help me find out what flat buyers can do in this situation.

Share what you did - when your possession was delayed.

How did you 'motivate' the builder to complete the project.

Did you take possession of your flat when the project was incomplete?

What did you do? Please, tell me in the comments.

Your experience & suggestions will help the flat buyers in Mango Woods.

Why only Mango Woods?

Many projects in Pune are already delayed. In the next few years - the number of delayed projects will increase substantially. Many builders will vanish forever. More number of projects will be stalled - indefinitely. So, your inputs will help thousands of flat buyers in Pune real estate market!

Flat buyers in Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune

Text of Email Correspondence between Mr. Sanklecha, the builder & Mango Woods Flat Buyers' Group:


1) Date: 19 May 2015 19:43
Subject: Moms 3rd meeting

Dear all,

This was a third successful meeting between residents of Mangowoods & Mr Puneet Sankalecha with his team at the premises of Mangowoods.

Team thanks Mr Puneet Sankalecha for sparing his valuable time & specially travelling all the way from Nasik to attend the meeting to show his determination towards successful project completion.

Team observed & brought it to the notice of the developers that the commitments made in the first meeting regarding the deadlines were not coming through including the commitment for MSEB by 15th of the May 2015.

Mr Sankalecha on his behalf explained poor & lack of recovery being a reason behind the slow progress of the project & requested the team to cooperate by releasing the dues.

Team requested Mr Sankalecha to create a joint account whereby one of the team members remains a joint signatory & allows the team to regulate how the funds are assisting the speedy completion of the project.

Mr Sankalecha though considerate towards the above suggestion expressed an inability to comply as there are many partners & legalities involved & instead offered close scrutiny of his accounts by providing regular statements & control over the issued checks which was accepted by the team after deliberation.

He further requested to release the infrastructure cost from those who haven't paid same as it goes into a different account & can be immediately utilised for the project completion & agreed for the close scrutiny & also for checks to be verified of that account .

This suggestion was accepted by the team. Mrs Mayura Patki has agreed to cooperate by providing the list of remaining buyers & their contact emails & phone numbers though the individual dues will not get disclosed to another individual.

We on behalf of team have agreed to explain the situation & the control over the accounts to the rest & try to obtain a cooperation for the recovery of the dues towards an early completion of the project.

Dr Sameer Badami & Mr Saifee Lokhandwala have been chosen as representatives from the team to monitor the accounts & they both have agreed to keep the transparency with the team.

We discussed regarding the possible future location of the clubhouse & other landscapes with Mr Puneet Sankalecha, he has advised Mr Bharat Kohokade to arrange the meeting between the team & his concerned person towards which Mr Bharat has agreed to revert soon.

Team pointed out lack of the aluminium structures shown in the layouts that cover the dry balconies & ducts as shown in actual layout, Mr Puneet agreed to provide them towards completion of the project .

With the consideration of the present situation it is presently assumed that the project has been delayed by approximately a month from previously agreed timeliness.

In all it was a very productive meeting between the Team & the developers & we await the commitments made by Mrs Mayura regd the list & Mr Bharat regd concerned appointments by the end of the day.

Best regard


2) Date: 29 Jun 2015 13:27
Subject: Progress of Work at Mango Woods

Mr Puneet, Mayura and Team,

We had a meeting at the Mango Woods site on Saturday, 27th June to evaluate the progress of work. We understand that A building is nearing completion. However, we would like a definite answer with timelines on the following items:

MSEB: During our initial few meetings, we were told that MSEB work would be COMPLETED by 15th May 2015. There is still no progress on this front. Please provide a definite timeline as to when this will be done.

Water Treatment Plant: After repeated requests, we have still not heard from you guys with regards to the water treatment plant that is mentioned in ALL agreement copies. There was a mention in the meeting by one of your staff that it would be placed between the two buildings but we would like a written confirmation on that front.

This is not something like the LPG connection which was mentioned in the brochure and some of the initial agreements and was later removed. There also seems to be a fair amount of confusion between your staff in the simple difference between a Sewage Treatment Plant and a Water Treatment Plant. We cannot have borewell water pumped directly into the bathrooms for bathing/brushing as the American Standard fittings won't have any 'standard' left within a month of usage. Besides, from a hygiene perspective, direct usage of borewell water is not advisable. Please let us know where the WTP unit will be accommodated and when it will be setup.

Children's Play Area and Community Hall: It was decided during the meeting that the children's play area will be placed in the vacant spot next to the society entrance. The community hall space will be allocated next to the gymnasium. The rationale behind this is that the washrooms etc provided within the gym/swimming pool area can be used during any event that is hosted at the community hall. Besides, from a space utilization perspective, it makes more logical sense. Let us know if there are any issues with this arrangement or if you will be proceeding with this decision.

Backup Generator: We need to know the capacity of the backup generator that has apparently already been ordered. Several members had doubt as to whether the capacity will suffice for all common areas given the total price of the unit. Do share the specification details with the Mango Woods team so that we can evaluate.

Overall Project Completion Timeline: A tentative timeline of July end for A building and two months beyond that for B building was communicated. Most people are fast losing patience and hence it would be good if you can honor these timelines at least this time. A lot of us are losing out on tax benefits against the home loan since we don't have possession. Please take due cognizance of this fact that people are losing a LOT of money cause of this delay.

We are working together to collect funds but it is not our responsibility and more specifically of Dr. Sameer Badami to do the fund collection duty for you guys. It would be prudent for your team to do the required follow up for outstanding payments. We will continue to disburse amounts as we receive them.

At the bare minimum, we expect a reply to this email within the next two days. Please don't make us follow up on phone and SMS for a simple response.

Regards,
Team Mango Woods



Kitchen, living cum dining, & main door - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Kitchen, entrance of 2nd bedroom , dining, & main door - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Sliding Door between living & terrace -Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Master Bedroom with attached toilet - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Master Toilet with walk in wardrobe - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Work in progress - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
California from - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Kondhwa from Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune
Kumar Princetown - Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune

Related Stories:


1) 32 Flat Buyers & Hubtown Countrywoods - David & Goliath

2) What can 3,000 flat buyers of Ackruti Hubtown do?

3) Wake Up, Chief Minister of Maharashtra! It's Your Duty to Protect the Flat Buyers in Hubtown!!

4) What can property buyers do when builder delays project?

5) What is Possession Letter, Occupation Certificate and Completion Certificate?

Buying a Flat in Pune, Tips & Precautions in Hindi by Grahak Panchayat:




Check the Environmental Clearance Proposal Status List before Booking a Flat in Pune Real Estate Market
(Published on https://ec.maharashtra.gov.in):




Subscribe for Free!


To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

Feel free to call me:


I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001