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Ask QuestionsIs Emaar MGF Palm Hills Sector 77 Residential Project a Good Investment?By ugesh sarkar, Section Ask Questions
Emaar MGF Palm Hills, Emerald Estate, Sector 77, Gurgaon
Apartment project in area of approx 40 acres
Qubrex - Emaar MGF PALM HILLS Sector 77 - Brochure Qubrex -Emaar MGF Palm Hills Sector 77 - Payment Plan "Click here to download Emaar MGF Palm Hills Application Form" Prices :
Location - Emerald Estate at Palm Hills,
Source: www.GurgaonScoop.com & www.Qubrex.com Emaar MGF to Launch Palm Hills in Sector 77 of Gurgaon - New launch Feb 2010 Why Search & Seizure Of Naveen Raheja, Saket Based Raheja Builder's Over 15 PremisesBy akansha, Section Ask Questions Tightening the noose around tax evaders, sleuths from the office of director general of income tax (investigations), north-western region (NWR), on Wednesday claimed to have detected tax evasions worth around Rs 80 crore on account of manipulated entries during search and seizure operations carried out at 15 premises of Raheja Group, NCR-based colonizers and developers.Enquiries revealed that a team headed by AK Tripathy, an additional director of income tax (ADIT), Faridabad range, swooped down on the 15 premises owned by Rahejas in Delhi and Gurgaon and some other business premises at Panipat. The premises included two residential buildings at Sainik Farms in Delhi and Sushant Lok at Gurgaon.Raheja Builders Website The entire operations were monitored by Pawan Parmar Singh, director, income tax (DIT) investigations, northern western region. I-T sleuths also claimed to have seized cash worth around Rs 60 lakh and sealed five bank lockers belonging to the promotors of Raheja Group. Sources informed that detection of tax evasion worth Rs 80 crore came during scrutiny of purchase orders and payments made for purchase of iron and steel used for construction. Unwilling to be identified, the official claimed to have detected three such west Patel Nagar based bogus firms with whom transactions were made. "During scruitiny, it was found that the firms never existed. The Raheja Group would make payment in the bogus firms and the entire amount would be withdrawn by group employees the next day." "The illegal operation was going on for at least four years. Our teams are examining some other angles as well," the official informed. Tripathy confirmed the search and seizure operations on Raheja Group but expressed inability to quantify the seizure saying that investigations were in progress. Source: Times Of India, Chandigarh Edition, Page 3, Feburary 18, 2010 By Manveer Saini Tax evasion worth Rs 80cr unearthed Regulating Developers & Brokers-What About Regulating Buyers & Owners?Case of Aashish BansalBy qubrex, Section Ask Questions
For a lively discussion on this story please visit and participate at www.GurgaonScoop.com - Aashish Bansal - Infosys, Texas
There is much news about regulating builders and developers and also about regulating brokers , and their response. And all this was highlighted during the Pravasi Diwas where the Govt promised NRI (Non Resident Indians) that they would sort out the real estate sector for them. Enough attention is being given to regulate the developers and brokers to fix the Indian Real Estate Market, but what about regulating the buyers/owners/tenants also? There are bad brokers who must be regulated, and bad builders who must be regulated, but isn't it naive to believe that there are no bad buyers or owners of properties? Doesn't the bad behaviour of these small number of buyers and owners affect how brokers and developers address the general market. It does, and any attempts to fix and bring transparency in real estate dealings must deal with the whole chain of developers, brokers, and real estate clients. And it is hard to understand why and what do some brokers and developers do, unless you understand what clients they sometimes have to deal with. Just like many clients have horror stories to tell, every broker and developer also has many horror stories to tell, and we are no exception. Over the years we have dealt with all sorts of people, and most of them have been good and fair - Indians at their core are still majorly decent people. But some of them are neither fair nor decent. And to illustrate the point we would like to share one of our stories. Hope it will explain why there is need to regulate the whole troika of developers, brokers, and clients if we are to ever fix the real estate market. Our story starts with an NRI landing in India with his wife and daughter to spend holidays, and probably buy a property in India. Owner of many properties, the NRI contacts a broker and also gets his mother in India to explain to the broker what his various needs and expectations are. As Aashish is going to be in India only for 2 weeks, it is urgent to get him up-to-date on the various options very quickly. He works for a renowned Indian IT company at a high position, so target is high end properties. Details of Aashish Bansal (cache here) confirm that the United States has been good to this NRI, who has moved up in life and is now ready to buy into some prestigious property. After talking to him some properties are shortlisted, and then arrangements made for the keys and showings. It is important to understand that when a buyer/owner/tenant cheats they don't have to be strangers. We have known Aashish for over 5 years when they bought a 3br in Atlantis from us. Since then his aged mother and father would call on us for stamppapers and notaries, free advice on documents and agreements, even getting their driving licence and passport renewed. Once we even made two trips from Gurgaon to Army headquarters in Delhi so that Ashish's brother-in-law could be sent the form for applying to DSOI club (Defence Services Officers Institute) in Palam Vihar. On January 02 Aashish Bansal and his family were taken to the DLF Aralias on the Golf Course, Laburnum Villa and a Laburnum apartment, and then a tour of the World Spa 4br and 5br. He liked the World Spa. So on Jan 04 a tour was arranged to show him a World Spa penthouse and a 5br. On Jan 06 he wanted to see Orchid Petals for his brother-in-law, and a 3Br and 4BR were shown, and tour given of the Golf Course Extension Road. Raisina was way too far off. On January 07 DLF Pinnacle was the destination. He liked it. So calls went out to many owners to see if they were interested in selling. Some confirmed apartments were not of choice. After more discussions we then took them to Bestech Parkview Spa on January 08. (Click on "Full Story" for more.) (2005 words in story) Full Story 'Navin Raheja of Raheja Developers & Anuj Puri of JLLM Sued For Fraud & Conspiracy 'By Unregistered Visitors, Section Ask Questions
"Saket Based Navin Raheja of Raheja Developers & Anuj Puri of JLLM Sued For Fraud & Conspiracy In Mumbai Courts"
Dear Sir, A-1) I am a regular visitor of your websites, and have appreciated the discussion of issues on your websites.
A-2) I have also talked to you about real estate in Gurgaon and am grateful for all the information you have shared with me. B-1) However there is something that I wanted to share with the readers of your websites. B-2) I am based in Mumbai, and on the advice of Builders collaborator Mr. Anu Puri of Jones Lang Lasalle Meghraj (JLLM) - through M/s. Sandalwood Residential Consultants Pvt. Ltd. in Mumbai, we invested in a Property by Raheja Developers called VEDAANTA in Sector 108, Gurgaon. Needless to say, we later found out to our grief that we had been subjected to a fraud by all since interalia they knew that they did not have the full permissions, and nor had any intention to construct the project at all or in a timely fashion. B-3) We have moved the Mumbai Criminal Courts on this issue, and I am happy to share with you that the Hon'ble Courts have admitted our plea and issued summons in Mumbai against Mr. Anuj Puri, Mr Raminder Grover, Mr Navin Raheja, Mr Nayan Raheja and Others of Raheja Developers Pvt Ltd. B-4) The wheels of justice are slow but sure, and we hope to share our updates with you as the case progresses. B-5) Brief is the significance of the plea:
Anjali Building, Ground floor, French Bridge, Opera House Jn., Mumbai 400 007 Off. Nos.: (022) 2386 8255 (3 Lines), 2386 1050, 6610 8255 (Working hours 9.30 am to 5.30 pm - except Sundays) Fax No.: (022) 2387 0904 E-mail : admin@schokhi.com FROM MTNL DELHI DIAL LOCAL TO MTNL MUMBAI . PL DIAL 011-2386 8255 HIG Flats in Sector 99...what's The Real Status?By Unregistered Visitors, Section Ask Questions
Hi,
I am an NRI from U.K. and own an HIG flat in sector 99. The main question is, are these flats 100% ready, ready for possession and what is to be done next? Is this a good location, safe and habitable immediately? I would really appreciate if you can help guide me. I called N. Authority several times and the only thing they could tell me was that these flats were ready and possession was to be given soon. Nothing on when and what to do next! As I have no one in Delhi who could assist me, I am at a standstill and at the mercy of any/all info I can get on this subject. Appreciate your help or if you direct me to someone who could give me more details on this subject. Best regards, Raja Wanted Cab from Pandav-Nagar(Mother Dairy) to Noida Phase 16A (Film City) on daily basisBy Unregistered Visitors, Section Ask Questions
Hello friends,
I am Chandan, and work in a IT company in film city Nodia sec-16A. Is there any cab agency providing the facility of pickup and drop from Pandav-Nagar(Mother Dairy) to Noida Phase 16A (Film City) on daily basis?? I want to share the cab. Can anybody provide me more details about the same?. It's urgent, it is very hectic to travel by bus/auto on daily-basis.. Thank you. Getting Worried About Construction Progress on Jaypee Klassic -Need FeedbackBy Unregistered Visitors, Section Ask Questions
Hi,
I AM WORRIED!! Since the launch of Jaypee Greens, Sector 129, Noida in November last year, we have not seen any progress in construction on project site except "Excavation." What's wrong with the builder ? We're very concerned to know about it's status. Can someone please provide feedback. Thanks.
I Am Worried About Progress In Omaxe Grandwoods, in Sector 93, NoidaBy Unregistered Visitors, Section Ask Questions
Hi All,
I have been watching Omaxe Grandwoods in Sec-93B, Noida for a while and it seems that a. There is almost no development ongoing b. The possession is delayed by a year and half. I have a 3 bedroom flat and its price is going down like anything. Is anyone aware of the problems with this project ? Please discuss. Thanks, Sanjeev What Is The Contact Number of the Noida Jal Board For Ordering Water TankerBy Unregistered Visitors, Section Ask Questions
Hello,
My office is in Sector 57, Noida, and we are not getting water at our office premises. Can anyone help me with any phone number of Noida jal board from where I can get water tanker? Thanks What Is The Status Of Supertech's ICON in Ghaziabad?By Unregistered Visitors, Section Ask Questions
Hi,
What is the condition of Supertech's ICON Ghaziabad? 'Galaxy heights' inside ICON was earlier of 10 floors only. Now same is raised to 13 floors stacking more and more people inside the already deeply populated society. 'Presidency Heights' already has got 2 more flats added to each floor. Is there any govt regulation to check this or hold the builder responsible?? Thanks, Can Anybody Update Me About The Aerobics Classes in NoidaBy angel06, Section Ask Questions
Hi
can anybody update me about the aerobics classes centers & addresses in Noida. Thanks In Advance What To Do About Excessive Delay by Builder In Shipra Neo Project?By Unregistered Visitors, Section Ask Questions
Hi,
I booked a flat in Shipra Neo. I was told that the possession is in July 2009 but seeing the current construction progress, I see no way of getting it in another 2 years. Does anyone have any idea about it? Also, is it possible to backout from the booked flat? Any kind of suggestion will be very helpful. Thanks Regards, Amit (10 comments) Comments >> Should I Buy A DesignArch E-Homes- That is The QuestionBy Unregistered Visitors, Section Ask Questions
Hi,
I am interested to book a 2 BHK apartment in DesignArch E-Homes Greater Noida project. The booking rate offered is about 2650 PSF with completion by December 2010. What is outlook for this project? Track record of builder? Is it right time to book and wait for some time? What is prevailing rate in Greater Noida? How is Greater Noida vis-a-vis Indirapuram? In Indirapuram Society apartments rate (ready for occupation or nearing completion) being quoted is 3300 to 3700 PSF. Not many choices too. I stay far away from Delhi and hence, not much idea about trends. Will any one help me please? Thanks in advance. How is Rajhans Premier Studio Apartments In Indirapuram, and how can i get my money back?By Unregistered Visitors, Section Ask Questions
Hello,
I bought two studio apartments in Rajhans Builder's project in Indirapuram. Now it is two and a half years, and the builders is not interested in either paying compensation or returning our money. If any other buyer of the studio apartments happens to read this, please contact me so that together something can be done. Ab mai bahut pareshaan ho gaya hoon aur kuch bhi karke ye studio appt ke lafde se bahar nikalna chahta hoon.....busss, ab bahut ho gaya. Can someone help me plzzz.... My e-mail is praditi131313@yahoo.co.in Thanks What Is Your Opinion On Indirapuram Area, I am Considering To Buy A Property TheirBy Unregistered Visitors, Section Ask Questions
Hello,
I am interested to buy a 2 BHK apartment (about 1000 sft) preferably ready to occupy in Indirapuram. I work in Noida Sector-62 and this is nearest place to live.
Though I am keen to go for a flat in a good society, not many ready to occupy flats are available. Prices being quoted are also too high. What about Builder Flats? Should I consider that? What are pitfalls of buying a builder flat? Can i get all facilities (excepting club, pool etc.) in a builder flat? Is selling/ registration of individual flats legally permissible? Who owns the land and who has roof rights? Can any one guide me in buying a builder floor flat? Thanks. Vatika India Next Society - GurgaonBy csh, Section Ask Questions
Hi
For the last 4-5 months, i've tried to reach the Vatika senior management to know about the progress of this Project. Their Chiarman Mr. Anill Bhalla & their CRM Head Mr. Anupam Varshney have failed to give any time frame about the construction/handover schedule. Instead Vatika claims to have the financial tie up with HDFC & LIC Housing. When HDFC is contacted to vouch for Vatika's statement, they say they are waiting for the sanction plans to be submitted - which is getting delayed because of certain regulatory approvals not being submitted by Vatika. When Vatika is asked to share he details of the finance scheme - it just asks for a couple of weeks. And those "couple of weeks" have not come since last 4-5 months. Vatika is not willing to share the Project progress details - but keep maintaining that it is on time and financing is tied up. If that is the case, why is that their website is silent about the Project progress. Why is that there is no mention about the financing tie up - which otherwise is the sellng point of the builders. We the unfortunate investors - who have already paid 20% without having any idea of what is going on - need to come together and put pressure on the management to state the factual position. A Yahoo Group has been formed to discuss common concerns for Gurgaon 21, Gurgaon Next, City Homes and Lifestyle Homes projects under Vatika India Next township. Those who have booked an Apartment in Vatika India Next, Please join the group and share your views as well. http://in.groups.yahoo.com/group/GURGAON21_VATIKA
Regards Are Brands Backing Off The Signed Deals ?By Unregistered Visitors, Section Ask Questions
Hello,
Are Brand/Companies who have signed for lease agreements with commercial malls/properties under construction, backing out? Has anyone heard that happening?
Thanks Eldeco Riviera - Cheaters!!!By Unregistered Visitors, Section Ask Questions
Hi to all
I bought an apartment in Eldeco Riviera in July 2007. They are such big cheaters that they have raised the cost of parking by 25,000 at the time of final demand notice. When contacted they claim that cost of parking is dependent on the demand of parking... Have you ever heard this logic? Completely shameless and baseless logic... Also, they have added a late payment of Rs.62000 in the final demand notice. They have sent me an excel sheet detailing the amount of interest. You won't believe, according to that sheet I was supposed to pay some charges in 2006... but I bought the property in 2007? This is a sincere advise to all of you - Don't get into this trap of real estate developers. If you want to buy a house, buy on second sale... at least you know what you are getting and at what cost... And on top of it our Indian Govt. is planning a bailout package for the real estate sector - WOW!! Now these developers will get a chunk from our tax payments too...It's a sad situation... What should I do?, Should I file a case against them? Thanks in adv. Where to go for voter Id CardBy noida14vihar, Section Ask Questions
hello,
I am living in Sec 62 Noida. Where do I need to go for getting a voter ID card made?
Many thanks for any prompt suggestions Where Is Brith Registrar Office Located For Children Born In Noida Hospitals?By Unregistered Visitors, Section Ask Questions
Dear sir/Mam,
Where is brith registrar office located for children born in Noida hospitals.? Please provide the address/location
Regards
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