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Real Estate Forum in Sector-103, Gurgaon

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Sector-103, Gurgaon

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Some question related to builder buyer agreement with Signature Global GRAND IVA
Q: I have some doubt in Builder Buyer Agreement of Signature Global Grand IVA project. I am asking below questions since 28th July'16 but they are not giving reply.

Point 3.6: "the Allottee agrees that the Developer shall be liable only to refund the amount received from him/her without any interest or compensation whatsoever".
Question: Developer is charging @ 15% per annum from due date, if Allottee does not pay any demand on time. Is there any penalty clause on Developer, if Developer not able to deliver the flat in 48 months without any FORCE MAJEURE mentioned in the Agreement?

Point 3.7: "The Allottee, before taking possession of the said flat, shall completely satisfy himself regarding the construction, facilities and amenities in respect thereof and hereby agrees not to raise to any dispute on such account thereafter, either individually and/ or by joining as member(s) in the society/association and or otherwise, in any capacity. The Allottee, after taking the possession of the Said flat, shall make no claim against the developer in respect of any item of work in the Said flat, which may be said not to have been carried out or for non - compliance or any design, specifications, building materials or any other reason whatsoever or on account of any Common Services and Facilities".
Question: How can I assure that Developer would not compromising with quality of construction (internal as well external of flat), facilities and amenities? Who will be responsible for quality check of materials as well as construction, facilities and amenities?

Point 4.3: "The charges for providing external electrification, electric wiring in the said flat, firefighting measures/equipment in the common areas as prescribe in the existing firefighting code/regulation and power backup, shall be payable by the Allottee in addition to the basic Total Cost, as prescribe herein."
Question: What would be the total or near about cost because noting is mentioned about the cost in agreement?

Point 7.6: "The Insurance of said Unit as well as the interior/contents inside the said Unit shall be the responsibility of the Allottee(s) and Developer shall not, in any case, be held liable for any damage or loss occurred on account of any theft, loss, neglect or omission of the Allottee(s) in the regard".
Question:What would happen, if internal plaster start creating problem. seepage in the said Unit. few months after possession because, as per point
number 3.7, I can't check construction and material quality before and after the possession?

Point 23:
Question: Does it means that I can't choose Arbitrator and Arbitrator decision shall be final and binding upon the parties (Allottee and Developer)? It is very much possible that I would not be satisfy with Arbitrator's decision because Developer will only choose the Arbitrator. What would happen, if I am not satisfy with Arbitrator's decision?

builder feedback
builder experience
agreement with builder
builder & buyer pact
Latest Answer: Kindly join facebook group https://www.facebook.com/groups/269620413389450/
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Also see discussions for
Gurgaon Sector-103 Signature Global Grand Iva Builder Review Builder Review in Gurgaon Builder Review in Sector-103 Builder Review in Signature Global Grand Iva
This is really a very bad project. Possession of the flats had to be given in Sept 2014 but it is delayed too much.

delay possession of flats
spire wood gurgaon
spire world builders
Latest Answer: You can invest in newly launched commercial and residential projects in Gurgaon. You can call 8595103103 for more details.
4 Replies
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Also see discussions for
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Does any one has the contact information for Builder

Latest Answer: You can get all information of all builders at zvesta.com because here you can find so many builders and real estate groups. You can also call 8595103103.
2 Replies
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Gurgaon Sector-103 Spire Wood Investment Advice Investment Advice in Gurgaon Investment Advice in Sector-103 Investment Advice in Spire Wood
Spire Wood project
Q: Hi I have invested in spire woods but the progress of project is very slow is there any issue

Latest Answer: Hi, I am pankaj vats and i also have a unit in spirewood project, currently i am in US but i heard from my friends that for last 11 months there is no construction. if any one has any information please share. my mail id: pankaj_vats13@yahoo.com, my local number(friend) 9812868888
10 Replies
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Also see discussions for
Gurgaon Sector-103 Spire Wood Residential Project Review Residential Project Review in Gurgaon Residential Project Review in Sector-103 Residential Project Review in Spire Wood
Era Cosmos City Phase 2 Gurgaon
Q: Can any body update me on status of the project as the builder is not entering into Sale Purchase agreement after allotment in January 2012.

Latest Answer: ERA (Adel) Cosmocity, Sector 103, Phase - III is absolutely fraud project and all that company is doing till date is collecting money from buyer and funding the their pockets and financing parent company Era Infra (which is event under tremendous debt). We have formed a group to get the refund of our payments to the builder @30% interest. Need you be part of our group call me immediately to Sourabh 09910153069
2 Replies
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Also see discussions for
Gurgaon Sector-103 Era Cosmo City Phase 2 Builder Review Builder Review in Gurgaon Builder Review in Sector-103 Builder Review in Era Cosmo City Phase 2
Akriti Vastus Review
Q: Hi, I am planning to buy 2BHK in Akriti Vatus in Gurgaon. Can anybody provide me some project details as well as current price?

investment advice
builder review
project review
projects in gurgaon
Latest Answer: Hi all, Can i get a short detail of the developer as well as their projects in the nearby location?
3 Replies
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Satya The Hermitage project review
Q: Hi I have a budget of Rs 90 Lac, and I am looking for 3 bhks in this project, kindly help me with the details of the project.
Preeti Kher

gurgaon
dwarka expressway
dwarka expressway properties
satya the hermitage (sector-103 )
Latest Answer: People I am very much interested in this project and I am looking for the bank approvals and how much loan will they give me??
3 Replies
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Gurgaon Sector-103 Satya The Hermitage Residential Project Review Residential Project Review in Gurgaon Residential Project Review in Sector-103 Residential Project Review in Satya The Hermitage
Sidhartha Estella Gurgaon
Q: Hi how is the project ? kindly share with review

gurgaon
sidhartha estella (sector-103 )
Latest Answer: I am looking for projects that will give me good future returns ! if I invest in this project, how much will be future returns??
5 Replies
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Ansal Highland Park Gurgaon
Q: Hi, this is a launched project by Ansal??? What are the details of the project. Kindly share.

gurgaon
ansal highland park
sector-103
project review
Latest Answer: Hi, Are you looking for flat in Ansal Highland Park, Sec-103, Gurgaon? What is your budget and BHK configuration? To get more information of this project, click this link Post your Requirements" target="_blank">Ansal Highland Park, sector-103, Gurgaon Or, To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile
17 Replies
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Also see discussions for
Gurgaon Sector-103 Ansal Highland Park Residential Project Review Residential Project Review in Gurgaon Residential Project Review in Sector-103 Residential Project Review in Ansal Highland Park
ERA Cosmo City review
Q: Hi I know ERA is a very good builder and has good projects. Kindly update the details of the project.

gurgaon
investment advice
era cosmo city
Latest Answer: By the time you are reading this reply might have aware about the ongoing situation about the project. But sill I would like to let you know that investor and buyers in cosmos city project are in big trauma after SEBI's declaration. Shri S. Raman, Whole Time Member, SEBI, has passed an order on June 05, 2014 in the matter of M/s Adel Landmarks Limited (formerly known as M/s Era Landmarks Limited) directing not to collect any fresh money from investors under its existing scheme; not to launch any new schemes or plans; to immediately submit the full inventory of the assets owned by M/s Adel Landmarks Limited; not to dispose of any of the properties or alienate the assets of the existing scheme which ultimately going to hamper interest of investor. You can read blog on this issue on website: Propertyclubindia/Is Era Developer and its customers are in big trouble?
4 Replies
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Also see discussions for
Gurgaon Sector-103 ERA Cosmo City Phase I Residential Project Review Residential Project Review in Gurgaon Residential Project Review in Sector-103 Residential Project Review in ERA Cosmo City Phase I
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