indrefs.com

Sign in with Facebook
Sign in with Facebook
Welcome, Guest
Username: Password: Remember me

TOPIC: Amrapali Sapphire Noida Sec-45

Amrapali Sapphire Noida Sec-45 1 year 4 months ago #7478

Hi,

I own a property in Amrapali Sapphire Noida Sec-45.
It was booked in 2010 and was due for possession in 2013 but still it has not been offered and it seems like the possession is being offered on request.
The on-site team starts working exclusively on the flat for which the owner has got the the possession on request but the rest of the building still remains inhabitable.
The on-site team gets the flat ready in 2 months and gives the final possession.
I have two questions:

1) I am eligible for penalty for about 3 yrs in total from 2013 to date of possession. But I was told that penalty won't be given most likely as the project was under NGT stay for about 2yrs due Bird Sanctuary proximity. The NGT has given clearance now.
In the agreement, it was mentioned that Amrapali is not liable to pay any penalties if the delay is due to factor outside of scope of Amrapali.
Am I then not eligible to receive any penalty?

2) How is the construction quality of the the Project and how well Amrapali's reputation is as a builder?

Would be happy to receive any suggestions!

Thanks,
Deepak
  • Deepak
  • Deepak's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 1
  • Karma: 0
The administrator has disabled public write access.

replyhave something to say register login button



Amrapali Sapphire Noida Sec-45 1 year 4 months ago #7522

Hi Deepak.

Based on the conditions stated in agreement, I believe you might not be eligible to penalty since the stay was out of scope of Amrapali. However, I would suggest taking it to a lawyer to confirm whether you would be able to receive any penalties.

Thanks and Regards,
Krish
  • Krishna
  • Krishna's Avatar
  • OFFLINE
  • Moderator
  • There is nothing stronger than the power of inform
  • Posts: 3328
  • Thank you received: 141
  • Karma: 17
Krish
Moderator
www.indrefs.com

Ensure that you get professional help! My inputs are just guidelines!

For questions on how to post in the forum , click here
The administrator has disabled public write access.

replyhave something to say register login button

Time to create page: 0.466 seconds

Latest News

How to apply for Property Card Online
23 May 2017 19:38 - Krishna

As a to be landowner, I am sure that you would like to know about the process for applying for prope [ ... ]

How to verify online whether the land that you are...
23 May 2017 18:32 - Krishna

Investing in land is a huge investment and one that needs to be carefully done. A lot of planning ar [ ... ]

Have you purchased a house in your relative's name...
14 May 2017 19:36 - Krishna

The Mumbai Income tax Tribunal has ruled that if someone ahs entirely invested in a property, then t [ ... ]

Use date of allotment to calculate capital gains
14 May 2017 19:02 - Krishna

Taxpayers have always been confused about how to calculate capital gains. Income Tax (IT) determines [ ... ]

5 ways to make sure property that you are purchasi...
08 May 2017 16:11 - Krishna

When buying a property, it is important to check whether the property is legal. People use multiple  [ ... ]