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Real Estate Forum on Gurgaon

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Latest Answer: Are all approvals for BPTP Amstoria, Sector-102, Gurgaon in place? Which local body has approved this project and banks funding this project?
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Q: Sir,
The Mapsko Builder for the project Mapsko Casabela, in Sector 83, Gurgaon, till 31st March 2014 had charged Vat at 1% with the surcharge of 5% which makes it to 1.05% as per the notification from Vat Authority and the payments which have been made after 31st March ,2014 till possession, they had charged Vat at 4% with the surcharge of 5% which makes it to 4.5% . Further, the builder is saying that there is no clarity on such charges from Vat Department, however, it is a mandate from the company to charge Vat at the time of Registry. Further, the Builder is saying that there is a clause in the registry that in case of any notification from Vat Authority for the increase or decrease in Vat %age.if the same has to be given to you without interest and if there is an increase in VAT amount then it has to be taken by the client.

In my scenario I had paid Rs. 1 lakh extra as I was not having any option but to say so that I can get registered my flat. But imagine there are so many flats and the money collected by the builder. He is enjoying on the money of the people.

What action can be taken in this regard.

Latest Answer: It is advised to file a complaint before RERA Gurgaon ti claim your money back with interest. Further, your complaint shall be decided by RERA within 90 days from the date of filing. In order to penalise the builder, please file a criminal complaint for cheaing and fraud and further approach court to get FIR registered. Shreshth Jain, Advocate
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Q: Huda is planning to construct a Peripheral Road on the suburbs of Gurgaon to make smooth flow of traffic from Delhi to the industrial area of Manesar.
Latest Answer: Good evening friends!!!! There will be a gap of 2.5 km between the Southern Peripheral Road (SPR) and GSPR. The construction of this road will benefit the areas developing under the Gurgaon extension plan. The SPR originates from Gurgaon-Faridabad Road near Ghata and meets NH-8 near Kherki Daula, and is proposed to be connected to the NPR via a central peripheral road, all of which is expected to give comfort NH-8 traffic.
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Q: Project names: ---------- Sikka Kirat Noida Ext. or Signature Global Grand Iva affordable sector 103 Gurgaon ---------I have select two projects on diff. locations, Please suggest which would give me better return as well as End use after 3-4 yrs
Latest Answer: Hi Guys, I am searching for a affordable house in Gurgaon. I came to know about Signature Global Grand Iva. I want to know the payment plan of Signature Global Grand IVA project. Kindly share some information.
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Q: Project names: ---------- Sikka Kirat Noida Ext. or Signature Global Grand Iva affordable sector 103 Gurgaon ---------
I have select two projects on diff. locations, Please suggest which would give me better return as well as End use after 3-4 yrs.
Latest Answer: Nitesh, From investment & end use point of view, Noida Extension is a very important location. You can expect very handsome return with in 2-3years. It's not like Gurgaon will disappoint you, if you will compare both location, then both are good as per their market activity. Gurgaon a prime hot spot for end users as well as investors.
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Q: Today, the Noida-based real estate firm sells 250 apartments every month, though in its better years it sold 300-400 apartments in a month.

Latest Answer: They delivered around 5000 units in 2013-14 and have plans to deliver 10000 units in 2014-15. By March 2016, the company will clear their backlog. Disney-themed homes in Greater Noida. Supertech also launched a project with Roman-style architecture in Noida, which it claimed it to be an amalgamation of ancient glory and contemporary luxury.
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Q: hey.. i feel that the expressway is the single reason that is drawing many investments into Gurgaon.... please discuss!!

Latest Answer: The Gurgaon-Manesar Master Plan-2012 had given a lot of importance to Dwarka Expressway and this 18 km stretch connects Dwarka to palam vihar and will lower the travel time of commuters from west Delhi to Gurgaon....
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Q: hi can someone update me about this project?? how is the project and what is the current pricing?
Latest Answer: what all amenities are being provided by the builder and what is your view of the locality?
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Q: Hi, was looking for 3bhks and ramprastha rise seems a good options. please share your views and the pricing as well..
Latest Answer: hey... i heard that the project will give possession only in 2017 as it will take another 3 years was what a dealer had told...
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