Prakash, Apartment Resident
Q: Can any one tell me what is going rate for 3 bhk flat on 8th floor at space station 1

My replies to this discussion
what about service tax component announced in budget? Will you be charging service tax on 1/3 rd of cost of the flat? What is rate of service tax for this sector? Can we get some discount on the price quoted? Prakashwhat about service tax component announced in budget? Will you be charging service tax on 1/3 rd of cost of the flat? What is rate of service tax for this sector? Can we get some discount on the price quoted? Prakash
Q: The project Alien's Space Station 1 is way behind schedule. Entire project was to be completed by Nov 11 or latest by May 2012. Till now only one tower is nearing completion and construction is far behind schedule in case of other towers. Please advice.

My replies to this discussion
The builders are blaming market conditions ( I read it as lack of finance) and lack of permission from government for delay. I wonder why did they advertise that they will go for 30 floor tower when they did not have approval at the time of launch. Permissions were granted in 2010 and 2011 as per their website. Another factor they quote for delay is high quality construction of apartment and the facilities they propose to provide. Facilities like home automation etc are being provided by other builders too. I hope at least now they will pick up pace and try to deliver as per chabnged time line ( even after March 12 they have missed they have missed targets they set for themselves). Another news is that SBI is now unwilling to offer loan purchase of an apartment at space station 1. PrakashThe builders are blaming market conditions ( I read it as lack of finance) and lack of permission from government for delay. I wonder why did they advertise that they will go for 30 floor tower when they did not have approval at the time of launch. Permissions were granted in 2010 and 2011 as per their website. Another factor they quote for delay is high quality construction of apartment and the facilities they propose to provide. Facilities like home automation etc are being provided by other builders too. I hope at least now they will pick up pace and try to deliver as per chabnged time line ( even after March 12 they have missed they have missed targets they set for themselves). Another news is that SBI is now unwilling to offer loan purchase of an apartment at space station 1. Prakash
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