Apr 21, 2010

Phase 1 delivery to begin soon

Delivery of Phase 1 apartments will start from about 15th May 2010 onwards. Its is expected that towers 3 & 4 will be the first to be handed over.

Now here starts the problems. As per the builder agreement, the penalty clause is restricted to 4 months of penalty only !! All those hoping to get money from the builder for delayed possession of over 16 months can go take a walk !!

Also, escalation will be imposed. Though no separate club building is being offered, you have to pay club membership charges.