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Real Estate Forum on Coimbatore Real Estate Updates

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Q: Hello, anybody heard about the apartment proposal taking a hit in Coimbatore? Why is it happening? I thought it was going good.
Latest Answer: Hello. The LPA and the corporation officials were blamed by the builders as they took too long to process. To which the offficials replied saying that most of the projects don't meet the requiremtns on the open spaces rule among many others.
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Q: I read that Coimbatore Corporation rejects 20 % of housing and other applications every year. Why is that?
Latest Answer: This issue has garnered a lot of attention from the opposition councillors who have said that applications are cancelled without a proper reason and they have alleged that the corporation has been simply prolonging the procedure for no apparent reason.
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Q: Hello, I have a building that hasn't been really approved which was wrrying me. Now I heard that the Corporation has decided to approve buildings that comply to the norms. How true is this news?
Latest Answer: Also he said that the number of buildings violating the rules are actually more then the ones that aren't which needs some serious looking into. Also he spoke about complaints about the license fee to build which faced a lot of flak because many complained that it costs too much.
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Q: Hello. I heard about the issue sorrounding Sahara City Homes in Saravanampatti. What exactly happened here?
Latest Answer: Hello. Regional manager of Sahara Group was luckily available for comment and has said that he will meet with all the investors on March 20 and with definitely go through a course of action with them from that moment on. Also he has mentioned that Sahara Group is not into cheating its customers which is hard to believe.
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