Broker price opinion sample letter

Broker price opinion sample letter

Posted: CopyrighterSEO Date of post: 18.07.2017

Godrej Properties has announced the launch of their new project in Bangalore called Godrej E-City, aptly named so as the project is located at Electronic City. Phase 1 of the project will consist of units. Hi There, I have booked an apartment in Godrej Ecity phase 2. Anybody has taken possession till date or registered the flat please advise also I would like to join the group please add me. I have booked in Godrej E City have II. Do you any idea when the register action of phase 2 will start.

GKE71E6 4GE0I8B46 6 ;6 ;80GL6 4GE09B20E: I was looking to buy my dream home in Electronic City area, as it will be close to my work place. All the apartments coming up in that area except Ajmera, Uniworld none of the prominent builders had started a project back then Jul time frame. As a ray of light I saw this Godrej project — Godrej E-City announced and was happy with the model apartment, promises made during the visit.

Last payment was done in December. Many many of the buyers are very very frustrated with the way our dream home buying experience went. None of them are ready to share their experiences as they are worried their flat rate would come down and it will affect their profit. I need a house to stay and this is what I will call HOME for my life. Total experience dealing with Godrej Properties and their customer service team is disappointing to say politely.

Invoices get generated much ahead of the schedules. Invoices get generated so that they have proper reporting in their quarterly numbers. Once you sign agreement, you are dealing departments and they do NOT have co-ordination among themselves Their customer service team R Kamala, Govardhan Rao R, Safia Parveen — every single person is totally irresponsible. You will need to wait for their answers for MONTHS We even reached out to their DGM Chandra Shekhar Shetty thats also of no use.

That guy loops in another person and the thread goes around without being addressed. Even after all this, one would be happy if at least the end product is good. But NO, thats the biggest worry. Apartment quality is pathetic There is a drain running through the apartment complex and still there is NO proper answer to that Final payments are over, but there is NO proper electricity.

Its just make shift. Builders and realtors build something and offload their worries on to the buyers. For realtors its just another project, but for me its my HOME, where I live and raise my family. I had to go through many painful days, nights due to the way this project has gone. I was hoping I am buying a nice home for my family, but in that process I got totally stressed out. There is no happiness of buying home any more. Anyone considering of investing in Godrej Properties, please please please do your research.

If some one wants to through their money then invest in GODREJ without expecting much more return. This is the reality in doddathogur area. Godrej has encroached the Rajakaluves or Storm Water Drains SWDs called by godrej marketing person. Universal builder had built road on top of the sewage drain.

Godrej had built common amenities on top of the drain. The current demolition drive carried out by BBMP on august They demand all payments well in advance. Now they are coming out with flimsy excuses for not doing the registration and handing over the apartment. Couple of excuses — They are negotiating the guidance value rates with the Commissioner, the office staff is on strike due to non payment of festival bonus for Holi, I reckon. Finally after raving and ranting, they confirmed the inspection date since inspection would get delayed.

And then on the day for inspection — there was a mix up between the two inefficient office bearers resulting in total chaos for most of the customers who were kept waiting. The construction quality inside was not great. Moreover, they are now trying to create hurdles — despite providing all the necessary documents — that they need to verify if all payments are made or not, when they very well have received all the payments. I would say, Godrej along with Universal are a very deadly unethical combination.

I am sure the other developers are no better. But now with this terrible experience, I would avoid Godrej properties in future. At the outset, we apologize that your experience with our executive was not as per your expectations.

I completely understand your pain, I was reading your comments and was surprised that same thing is happening with me from past one month. Prasanna and Pavan are very irresponsible people who always play with the emotions and do fake commitments. There is no excitement left buying this flat. They made us feel like… we have done some mistakes. Sorry to say but these people have some sense of management.

Please add me also in whatsup group. Dear Poonam, We understand that someone from our team has already spoken to you regarding your query. Your issue has also been conclusively clarified and closed. Regards, Team Godrej Properties. Interested in buying 2 bhk. Please let me know. Dear Tejendra, Greetings from Godrej Properties! You can visit our site office to book your dream home at Godrej E-City. The current rate at Godrej E-City is Rs. Alternatively, you can call us on our Toll Free Number Regards, Godrej Properties Team.

If you have interest in customer please check your records and come back at also this is due to pressure for selling your new goodrej prop near kanakpura as said by mouth from your goodrej ecity sales reps. Tejendra, Greetings from Godrej Properties!

Apologies for the inconvenience caused. Aditi from our Bangalore office will assist you with the home buying process for Godrej E-City. Godrej Properties Ltd might be a valued brand for only those who have never dealt with them. Once you have a dealing you will come to know that they are even worst than the local builder and there is truly no customer service only name sake.

I am an unfortunate owner at GECITY bangalore. GPL has raised invoice for possession in Dec without actually achieving the milestone and its June still no electricity connection from BESCOM, no possession and they are giving one or the other excuse to buy time. Shame on you Godrej Properties. Hope all reads this and no one buys a property directly from you guys and that is when you will understand importance of a customer.

Worst ever experience after paying premium over existing rates. And new addition to the on-going problems, Godrej is forcing customers to register the apartment below Govt. This is like criminal offence. Thanks for updating information to the valuable customer. At the end the buyer will be prosecuted. It is the buyer who pay registration and stamp duty to govt.

The registration and stamp duty has to be paid as per govt guidance value not the builder projected value. If any discrepancy found then buyer will be prosecuted a per law. Godrej forced almost all dweller owner to pay bribe of rupees 50 thousand for the registration to be done smoothly. Only few brave person did not agree to pay any bribe and for them godrej will not able to take bribe amount. Universal builder is creating complete mess in this property.

We consulted with a lawyer regarding registration and stamp duty charges for sqft flat in doddathogur area. The lawyer calculated the actual amount for registration is approx 1.

Where the remaining amount is going, no receipt, no transaction proof for remaining amount. If you pay the registration amount though draft then you have to pay 50k bribe for the same. We wish to inform you the apartments are being registered as per the current guidance value for Godrej E-City and 15, is the incidental charges for registration.

Details of the breakup of the registration amount is given on the second page of the sale deed. The quality of construction is not upto mark for Rs sqft rate. There was a big sewage drain passing through the middle of the property. The appreciation rate is not good in doddathogur slum area. The gully road is over crowded. There is no safety grill fitted in the windows. There is no provision to fit mosquito net in the sliding windows. If there is a flood the basement car parking will be filled with sewage water in future.

I drop my plan after seeing the sewage drain. I own an apartment at Godrej E-City. The drain which is passing thru is Storm water drain and the same covered by a road. I am sure you will not notice it once the project is completed since the same will be covered from the main till end.

As per my experience the only problem with Godrej is their Customer Service team and i can vouch for their pathetic service, lack of communication, delayed response, frequent follow-ups etc. We wish to inform you the apartments are being registered as per the current guidance value for Godrej E-City. Though the Agreement value with the builder may be high but majority of the builders do the registration at the guidance value provided by the BBMP as this saves the cost for the customer.

This is where most black money is generated by devaluing the property during registration. I visited the Godrej E-City for a booking in phase -III, the marketing person shows me model flat. The construction is carried by universal builder. Do any body know the past record of universal builder? Well ventilation and less darkness inside the room. Garden, park and club house is provided.

In doddathogur area ajmera stone park also offering sqft flats around 50 lakh. The narrow connecting gully is over crowded no proper footpath for pedestrian. No proper drainage, sewage water is over flowing on the road. There is a big sewage drain passing through middle of the property touching Phase-I, Phase-II and Phase-III flats of the property.

Universal builder built road on top of the sewage drain near to model flats. I went little bit rear side to see the phase-III construction. The drain water color is complete black. One pillar of the electric tower was placed on the drain. The density of mosquito is too much near to club house.

The sewage drain is passing near to club house. The Phase-III flat is facing the black drain and its emits very bad unpleasant smell. The marketing person told they will cover up the drain. Hi Gajendra, Is there really a 10Lakh difference between Ajmira stone park and Ecity. I do not think so. Both are selling at almost around Rs.

Then how is this difference. Accepting other things from your observations. I agree with u Sumit…. I did a big mistake investing in e city ….

Customer care is worst. If u go to their which is in lavle roadu can see all employees here and there and mangers full time busy with meetings …. Godrej Customer Care time is precious for every one …. I have taken possession of my flat in Phase-I. The quality of construction is not good. It started leakage from roof at main entrance of my block. Then i visited C Block, D Block, almost all blocks have the same issue. Beneath the roof at front entrance of the block the yellowish color has appeared.

When we complaint to the builder about the substandard construction, the builder refused to accept the substandard construction at all. Later he told as the possession of the block is completed, it is the flat owners have to do the repairing work.

This is highly disappointed me after paying 30k bribe to builder for the registration. I have a 2. Hii am interested. Please catch me or share your contact details. Prospective buyers… there are lot of guys want to sell their flats which are in phase 1. If you buy in phase 3 it may take sometime.

Hi All, Fianlly Godrej is also acting like a locat player. So guys beware of this, the quality of cunstruction might be good but customer care pathetic.

broker price opinion sample letter

The connecting village road from velankani to godrej e-city is pathetic. Its took around 30 minutes to reach godrej e-city from velankani 10 AM morning. The entire road was deadlocked. The drain water is overflowing on the road without the rain. No footpath at all. If its rain then it becomes horrible to pass through the road. Dear Navin, Greetings from Godrej Properties! At present, the approach road is a 2 lane 40 feet wide road. We would like to inform you of the upcoming developments towards widening of the road.

As per the new CDP a 60ft wide road has been proposed. In the same regard, there was a notification published in the newspapers on 19th Jan We will keep you updated on the progress of the same. The quality of construction is not standard as committed by top class builder like godrej.

The kitchen slab they fitted in my kitchen is approx half inch thick. From outside it is looking like the kitchen slab is 1. This is the way how godrej is cheating their customer. The size of kitchen sink is too small not expected from godrej. The quality of tiles fitted in bathroom is also differ from the shown one. Dear Siddu, Greetings from Godrej Properties! We wish to inform you that the quality of the bathroom tiles is the same as shown in the mock up and the kitchen slab provided is as per standard thickness provided.

I have 3BHK is in phase 1 of this project. The apartment is ready to register in next 1month. Mine is tower Iof phase 2. Phase one is for reg. One of my friend has booked. He has also got letter intimating reg. Phase 2for reg is on March. Work is going on as schedule. How is the rent for a 2. Can anyone working that side tell me. Hi All, I am planning to buy the property in E-City Godrej in phase 2. But I am looking for the genuine clarification against the following queries:. I need to know if the builder is giving the flat as per the said possession date against the phase 1.

I heard that the phase 1 project progress is stopped right now. What all approval it has or is there any legal issue with the land? I have booked flat in phase -I in Godrej E-City.

The project was stopped due to legal and violation issue. The builder had committed me to give possession in Decemberbut till now it was not given. It will take at least 2 more years to get the possession as the matter under jurisdiction.

The builde is not revealing the real issue to us. We wish to inform you there are no legal concerns or violation issues in Godrej E-City. We have already begun the handover of Ph Hi All, I think there is no legal issues with Godrej E-City project, but overall Godrej Customer Care sucks.

This was never expected from them. I also already written somewhere in this forum that they quite prompt in collecting money and applying late charges but they take ages to respond to customer querries. We already booked R4 09, from the limited choices available What per sft. Payments are according to schedule. They give us a regular updates on construction status. Any delay regarding construction is updated and with explanation.

Looks like they will handover the flat on time.

Only draw back is that though our flat is due for registration latest in another 5months we are not permitted to see our flat. Called up the concerned authority but they say their rules does not permit to see except the model flat.

Till date we have not faced any issues and the concerned representatives are very cordial……. Thanks Lakshmi for the comments. We have few other queries e.

Is there a user group that I can join? And if possible I would like to talk to you further about this property.

Even I had suggested that we form a user group so that we can put fourth all doubts. My husband who is a lawyer has done some research before getting into buying this project. Ya there is a strom water drain. Thanks for the info…. Our friends who have booked phase 1of H is called for registration this month. Over I can have a look at the construction and view and send pics to you. Kindly let me know how much is the base price. You had mentioned that you had no choice but left with the top floor.

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But summer evenings will be cool vidya. And also I think to roof will be full of solar panels. So heat will be in fact less. Thank you for showing your interest in Godrej E-City.

I have purchased a 1BHK flat in Phase-III. I am also concerned by the storm water drain. I would also like to join the user group for updating myself on the status.

Thank you for your positive feedback on the construction status updates from us. I agree with you.

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I am interested to join this group if you have already created one. I am a flat owner in tower C. Do let me know the details. Have a good day. We are also interested to join any existing group, We own in tower R. Also let us know the details. I have bought a property in the 2nd phase. The agreement is with universal builders. The sales reps are courteous till the sale is done post which they treat you like dirt!! Godrej has no say in the construction or development.

Approach road is a gully road and it looks like it will never develop. Do not get fooled by the sq feet price they commit while taking deposit, they will add another additional 17 lakh as charges and taxes. Therefore, the launch price phase 1 and the current prices are much lower compared to other Electronic City projects. Kindly note the godrej ecity project is over priced. The resale value will not be much hand some. For 70 lakh basic price the govt levies will not come more than 7 lakh.

The extra amount is siphoned by the marketing brokers. For legal documents the builder is taking 50 rupees psf. That is complete ridiculous. They should left it to individual customer by sharing the sale agreement and sale deed draft. Customer will consult to will lawyer forex dealer account profitability comparison do the rest of the thing.

Hence the same is handled by the developer. We also visited godrej ecity. The marketing person quotation is 95 lakh for sq feet. That is coming around Rs: When we asked for price break up detail. We are shocked even purvankara and salarpuria are selling at lower price. The hidden development charges will be collected from all dwellers at the time of registration.

Hi GuysCan some one tell what is the Godrej E city square feet rate as of now in Phase 3. I called them and asked for the price they said got shockedbecause in AECS layout itself …. And also please let me know which are the good schools near by.

No one says about the required one. With regards to your query, we would like to inform you that the current rate at Godrej E-City is Rs.

While the rates are non-negotiable, however we do have certain very exciting schemes to offer for residences in Phase 3. Godrej E-City has a host of well-established schools in its vicinity.

Some of the prominent ones are Delhi Public School, Ebenezer International School, Treamis World School and Indus International School. At the onset, we would like to thank you for sharing the feedback and sincerely regret the inconvenience caused to you at our project site. We have made a good note of your feedback and are working with our teams to ensure that we are consistent in maintaining high standards of customer service.

Customer delight is of paramount importance to us, and we would urge you to give us another opportunity to assist you in your pursuit towards buying your dream home. Kamal, while the agreement is between a customer and Universal Builders, Godrej Propertiesas a trusted year young brand, ensures that a detailed check is done before entering with an Agreement with the Joint Venture partners so as to protect the interest of our most valuable assets, our customers.

Some of these check-points include:. For your perusal, we have uploaded our approvals on our website and they can be viewed by clicking on the following link: As pointed out by you, there is a storm water drain on the outside that passes through a certain section of the Godrej E-City premise.

We hope that these details will help you make an informed decision during your home-buying process. Should you require any further assistance, please feel free to get in touch with our customer care team.

Thank you for taking the time to make your observations regarding the Godrej E-City residential property in Bengaluru. Godrej Properties prides itself on the high quality standards that we follow for project executions, materials and services. Godrej E-City has world class amenities and is surrounded by excellent social infrastructure.

Godrej Properties has been a part of this project from its conception and will be there for you on the day of handover and even after if you face any difficulties.

My question to Godrej Properties Team:: Any chance of widening the road in near future. If yes, how long will it take? Thank you for showing your interest in Godrej E-City Bengaluru. We at Godrej Properties always persevere to have a relationship based on trust with our customers. For us, ensuring customer satisfaction is of highest importance. We understand that you have expressed your query for the mossberg 702 plinkster stock conversion road to be widened in future.

We would like to inform you that the BDA has issued a public circular on a plan to widen the existing approach road dated 19th Jan We shall keep you updated through the appropriate channels on the progress on this front. On your next visit to Godrej E-City, you can also get in touch with our team at the site for any other assistance that you may require.

Any idea on — when the work to widen the road is going to be started? As informed, BDA has already issued a public circular on a plan to widen the existing approach road dated 19th Jan In relation to Cauvery water connectionwe wish to inform you that we are in possession of an NOC from the concerned authorities that would enable us to get access to Cauvery water whenever the line comes to Electronic City. Further, we ideally would not want to put consecutive posts under a common thread to create any kind of inconvenience to moderator and other forum users.

Also, we have recently entered into digital response arena and want to assure you our full support to address all your queries to your satisfaction. The widening of Doddathogur slum village road from velankani to prime city will not happen in the next 30 years. As this is a village panchayat road only 40 feet wider as per panchayati approval.

The residents besides the roads will not give their house for road widening. Forex trading charges india shopkeepers are running their business from those houses.

Neither the BDA or BMRDA can take the residence house forcefully for road widening. As mentioned earlier to Muniswamy, we would like to reiterate that as per the new CDP a 60ft wide road has been proposed. The approach road from velankani to godrej ecity property will not improve in next 40 years. For high rise construction the nearest connecting road should be feet wider as per BDA norms.

As the doddathogur resident did not give up their property for raod widening. So BDA did not gave up approval for high rise turbotax nonstatutory stock options in that area. After that universal builder tried to construct feet road from back side of the property to NICE road by acquiring the private vacant land.

But private vacant land owners also did not give up their land to godrej property and the high rise construction was finally dropped by universal builder.

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When ever rain is there the gully road becomes muddy road. The builder is cheating the innocent customer by saying the road will be widened in future. These days the Government normally gives 1. You are partially right. Govt can acquire land only for public project like railway, national highway, airport and industrial corridor etc.

In the case of public project govt has to pay at least double the price of the current market rate of property. Here doddathogur gully is not part of any public project. Lets see how many decades it takes to reach feet road.

We would like to apprise you of the upcoming developments towards widening of the road. You are the only one who I think got palantir technologies stock options right.

The roads are bad, and it has been like that for the last 10yrs. Low-rise, for whatever stock brokers association australia they have constructed it, is way too expensive.

So i am not sure, how Godrej has marked up their prices. The cost of GODREJ E-City is over priced. The connecting muddy road seems to be very crowded. One outside land owner left side of the main entrance also sharing the main entrance.

Daily forecasts of analysts binary options this will create security breach to godrej occupants.

My query is taxes levied on property. What is the service tax amount and VAT which would be charged? Looking for UDS infomation ,but not getting answer from godrej team and they are draging the response from last 3 month. If there is no malacious reason then what is problem in disclosing the UDS details. Me and my friends who booked in the godrej E-city not happy citibank international atm rates they are getting in communicating the UDS?

I visited the property yesterday broker price opinion sample letter wanted to daily forex price chart strategy in phase 3.

But they are not ready to show any of the legal documents like BDA approval,cc certificate. Have anyone verified all the documents? Also they say its sbi approved. Trading signals minute binary options download also told phase 1 and phase 2 completed, and they are going to start tiles work.

I am confused now. Also customer response is very bad. Godrej property will not reveal legal documents to individual buyers till sale agreement is done. The project approval is not taken at a time. The phase 1phase 2, phase 3 are taken separately. And some phases they have constructed more built up area. After that builder had applied for plan modification to BDA. That is currency converter uae dirhams indian rupees the UDS is varying from time to time.

You are also taking decent amount from each customer to prepare sale agreement, sale deed and transfer document. I hope more than 50 rupees per sq ft you are taking for legal charges.

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May i know how your highly paid intelligent lawyer forget to mention UDS in agreement paper? There is something fishy in your project. Be honest and tell your customer that we have cheated our customer. Hi, I had visited the site of Godrej e-city.

Before this i had read lot of negative input from internet. I was very disappointed with the staff behavior. That jobs in forex trading in mumbai at Godrej e-city Marketing office at Electronic city was very unprofessional. He made us wait a lot even when there was no other customer in the office.

He did not address queries very promptly because we inquired for 2BKH. And his attitude was we do not have any great offerings for 2BHK. For him, 2BHK buyers may be equivalent of beggars but for us we are investing more than half a crore of our lifetime savings.

Besides, does he live list of exotic fx options Villa? And it could be a major issue with health or foul smell if it gets chocked. Godrej is just marketing it. Close proximity to IT companies upcoming metro and mall pricing is good comparatively pet society playfish cash generator other developer in vicinity low arise just units in 15acres land area.

Thank you for the feedback! We free audio books on stock market always looking for ways to enhance our customer experience.

By giving your feedback, you call forwarding on iphone at&t helping us to understand what we do well at Godrej Properties. Thanks for updating vital information. I also visited the site. I am also highly unsatisfied with the behavior of marketing person. There is a big garbage dumpy-ward just opposite to the main entrance gate.

The nearby local residents and shopkeepers dump waste in that dumpy-ward and stray dogs are playing on that dumpy-ward all around day and night. Its gives more foul smell wherever there is a downpour. You will not in a position to walk on the narrow road having dumpy-ward. I doubt whether the narrow road will be expanded in our life time or not. We visited the project on 9-Feb to book a flat in phase 3 and had a very bad experience.

The project is a complete mess up. They have placed a staff Prashanto Mukherjee, who is least bothered about the customers and is not ready to help. Cons and my experience of the project: Few say, it is outside the property etc. This guy said it is getting removed from there and the proposal is approved by BDA in phase 1. I asked him, why it has been not moved till now. There was no answers from his side. When asked multiple times, he said the approval has not come yet for phase 3.

I said, atleast show it for phase 1 and 2. The same attitude was shown. He said this has not been finalized yet. When they claim phase 1 and phase 2 has captain morgan private stock premium barrel sold out, they would have created agreement for many customers.

When asked about agreement, he said it will be provided during April. The narrow crowded road is never gonna change. The builder is not professional and a bunch of freaks are seating there. They are arrogant and you gonna repent, if you book it.

Thank you for taking the time to make your observations regarding Godrej E-City property in Bengaluru. However, we would like to clear your doubts and queries that will help you make an informed decision. We also understand that your experience with our Staff representative was not as per expectations and we have given your detailed feedback ace cash express extended payment plans the concerned team.

Firstly, we understand your forex gtc order about the drainage as it may cause inconvenience as well as diminish the aesthetic value of the property. However, we assure you that the project is still in its development stage and once completed the drain will be covered and slingshot forex reversal strategy appropriately to ensure that it does not stand out like a sore spot.

We also understand your concern expressed towards the low tension electric tower standing next to the phase 1 tower however we are glad to inform you that it is in the process of being moved as it was an arrangement done while awaiting the BDA approval.

Understandably, there is a concern that you have pertaining to the approvals and the mock up agreement. We would like to assure you that we have all the necessary approvals and the mock up agreements required by you which shall be shown to you by our Sales Team at the project site on your next visit. Further on your concern towards the blocking amountwe wish to inform you that the initial payment amount that you have mentioned was decided as part of a flexible payment plan designed for your convenience.

Our intention has been to give some consideration, in terms of time, to our valued patrons to make arrangements for the initial payments to be made which is why after paying a certain booking amount, you were informed that the balance can be paid within 3 weeks. Under normal circumstances, the entire booking amount has to be paid at the onset and not within the 3 week period. We trust that you appreciate that.

Lastly, as you have expressed your concern on the road being narrow we would like dissertation stock markets economic growth levine inform software forex financial trading reviews that a public circular dated 19th Jan has been issued by the BDA proposing the extension of the existing 40 feet 2 lane road.

With this, we expect the approach to become smoother and make travel even more convenient for you. The quality of construction is also very poor. The marketing broker are not willing to share legal documents. Something appear not ok with them. They are modifying building approval plan every six months and constructed more built up area. If you ask them the entire project approval plan they will not reveal the real information.

If built up area goes increases then the UDS will also get reduced. That is why they are not revealing legal documents. As mentioned here to mnaidu, please be informed as well that we have made available all the legal documents to our existing customers, which also includes the final Development plan for all the Phases of the project.

Also, the required approvals are accessible on our website at this link https: The electrical transmission tower standing in middle of the property is not replaced yet. It is more than 4 years. The electric transmission company has take legal forex strategies revealed forum 10 enjoy to place the tower in middle of the property.

To replace it the customer has to pay hefty penalty for it. The smell of big drain going through the property remain for ever. As the dirty drain is approved by BWSSB. The gully road will never change in this century. To widen the road BDA need at least 50 years to place the new plan. The BDA and BBMP are not able to widen the most crowded road, pending from last decades.

Customer please forget about this gully village doddathogu. Dear Satish, Thank you for putting vital information to prospective home buyers. The sewage drain is a public property. The sewage drain is 20ft wider and builder has build road on top of the dirty drain to cover it.

The godrej is collecting brokerage amount by giving its name only. The UDS share is also not that much as compared to over priced cost of the flat. The agreement will never shown to customer until the customer had paid initial non refundable amount to the builder. Most of the clause in agreement are written in builder favour.

Builder has the right to penalty for late payment, but builder will pay penalty to customer for the delay of possession by 2 years.

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That means the customer will lose the interest on the amount paid to the builder. Almost all builder like DLF, Salarpurai are give penalty to customer due to delay in schedule possession. I have visited the property and it how to make money effect photoshop gud after going thru the various issues mentioned in this Blog have raised the queries with the marketing team and they have given answers to all the queries Regarding drainage its a storm water drain i have myself seen it.

Thank you godrej sales team for help. I am also based in Singapore. Let me first clarify that yes i hv booked a3 bhk flat at Godrej e city. I went there to book a 2. There are no clear tittles for the land and all wrong projections. Be very careful when u invest in this project. Hi all, We too have booked 3bhk large. Since the beginning the process has been very unprofessional. Uninformed delays from their side but prompt in collecting the payments.

Without share in the property the banks want to fund the project because they want customers. But buyers beware u need to insist on the UDI to be mentioned in the agreement because you need to be sure what u own. We, at Godrej Properties, always persevere to have a relationship based on trust with our customers. We understand that when it comes to a sale of property, timing is of utmost importance.

And we regret that you had to wait for a long time to receive your agreement. We apologize for the inconvenience caused to you and would like to extend our support to answer all your queries.

We understand that a concern pertaining to the UDI has caused inconvenience to you. However, we assure you that our Regional Team will get in touch with you to solve this to your satisfaction. Thank you BRC, for your valuable information. The UDI must be mentioned on sale agreement. The builder is not uploading the sample draft copy of sale agreement and sale deed. The builder is collecting 20 rupees per sqft from each customer for preparing legal documents. Builder had already sold out Phase-I still they are not able to upload the sample draft copy of sale agreement and sale deed into their websites.

I feel builder intention is not clear. They will add some extra clause in sale deed and the customer will have to suffer. Do u think electronic city property price will appreciate in future? I invested in Phase-I with hope that i will get good appreciation. But after three years I am not getting any benefit. The amount i have paid till now with interest ,i am not getting that cost at current market price. I have booked with hope that i will get appreciation.

The launch price of godrej e-city was over priced. Today we visited the site, its very unprofessional way of presenting…. He also told me that land is owned by universal builder but they are not going to build, yet to identify the builder. Hi, I asked the Godrej marketing executive and he said that the drainage is outside the property and also it is covered.

Can you please confirm. Drainage Is Inside the Property Universal Builders Are Trying To Cover the truth. Here are some observations on Godrej E-city though at one point was very excited to buy an apartment at E-city. Godrej — Take away Godrej name from Godrej E-city, it has no value. Yes, but the reality is Godrej has little to with Godrej E-city.

Though, to an outsider it looks like they enjoy risking their hard earned reputation for few pennies. We are not here to help Godrej draw a business plan but to protect our monies. So please be sure of what you are getting into. Loading for 3 BHK is the highest. Do not trust calculation of others, do it yourself and be convinced. But little introspection brings the reality — The last 1.

Social infrastructure like Schools, entertainment, shopping will not come up near the area where E-city is located. Serious concern — Your agreement is with Universal builders and not with Godrej wheres the reason you are buying is because of Godrej name.

If that is corrected then I would say the project is excellent value. Godrej should put their skin in the game just as we are parting with hard earned monies by trusting Godrej. Very likely that entire project will get delayed — Just be certain to ask approval for entire layout. What is the track record of Universal Builders in Bangalore — pls name a few projects by them. Some people generally make these kind of statements without any sound knowledge about either the project or the market or anything remotely related.

But the fact is prices are rising. Agreed prices went up up and away between and The reason behind is this is simple — rush of FII monies into real estate. FII PE investments inflow into real estate was highest between to Infund flow started to slow down but prices did not go down as there is a lag effect between FII flow squeeze and prices.

This is because builders have the funds that were pumped by FII earlier and hence can hold onto inventory. Consumers are in grip of fear psychosis as exhibited by you and believing that prices will continue to go up commit their savings. However, that changes when liquidity to builder becomes scarce.

Add to this, RBI is setting stricter rules for classifying loans into builders into NPAs this will mean bankers will pressurise builders not to hoard the inventory so as to ensure that they do not have a NPA asset in their books. This will mean builders will start to get reasonable and not chase higher profits. They will be keen to liquidate inventory and this will lead to stagnation of real estate prices.

Prolonged stagnation of prices will mean consumers will not buy out of fear psychosis. Does anyone know if this property is clean of all such things? Do they provide the land title transfers over the last 50 years? When will we get enough proofs of titles of the land etc.? Godrej will not sign as they have nothing to do with the project Please check presentation made by Godrej http: There are two important take outs 1.

See footnote The project was changed from Villa to Apartments — reason location is not snobbish enough for Villa crowd. It was not visible bcoz big hoarding are put. It was just besides where car are getting parked. Godrej is just marketing front for this project.

Broker Price Opinion BPO

In fancy word, Godrjej is Development manager. Godrej has neither property ownership nor constrution responsibility. Its just in advisory role. From the beginning it was made clear by Godrej that Universal Builders will be the builders and Godrej will only do the marketing. This is the same as all their other projects through out India. But one point is that during booking, we are aupposed to give a cheque in favour of Godrej E-city and not universal builders.

Will this not mean anything to us?. Maybe I am missing someting. Godrej is development manager actually it should be direct marketing partner for only 3 of 27 residential projects. You will get the details here scroll down to penultimate page. And dropped to invest in godrej e-city. Why to regret whole life being a flat on top of drainage. I thoroughly inspected the site.

The layout was earlier planned as a villa project and construction was underway but abandoned during slowdown. The new landowner tied up with Godrej to launch it. You will find many. Every time something is launched you will hear people cribbing about something or the other but important thing to remember is that prices never wait. It goes up and up and up. Prices in ecity are low in comparison to other parts of the city because till now no big name builder has gone there.

Look at the full industry set-up in the vicinity. This guy is pathetic. I am having 5 lac in my pocket but this greedy dog need full money. He is not even picking the calls. I felt so depressed for next two days. But after listening many people I feel lucky to get saved.

This stupid Motu Funny fellow will repend for this what he has done. Please avoid referring to individual names of people not part of this thread.

I got the apartment finally. I raised the issue to higher authorities in Godrej and they took corrective measures to sort out this issue. And finally I got the apartment I booked. I was there at After seeing everything and considering all parameters I booked a flat C in E-City. So I went ahead with his word and gave him cheque for the said amount and signed all the documents.

By today I was very happy being put my hard earned money in a my preferred apartment. What kind of people they have and in which era they are living in, where they came to know the availability was not there after 3 days of booking. The link to group is as mentioned below: Sorry for the typo. In comparison to prices quoted by top builders elsewhere in the city, prices over here is very low.

Where else you will get a property from a top builder rate? Dear Prasun, Greetings from Godrej Properties! Thank you for showing your interest in Godrej E-City, Bengaluru. Alternatively, you can call us at or visit our website at http: Pls add me nisknkn gmail.

They have sent an intimation of for the next instalment without sending the reciepts for the advance booking amount paid and without giving any legal documents. Did anyone else get such notice? Have they given the documents yet? Would like to hear from the group. Godrej Properties believes in a relationship based on trust with our customers, and we look forward to being of able assistance to you.

Please add me in the google group for godrej ecity. My id is jayarajonline at gmail dot com. It says the membership is strictly after verification of purchase. So be ready to provide some proof. The maintenance cost is 3 Rs per sqft. The preferential charges are for almost every thing, most probabably you end up paying minimum 75 Rs psft extra above Rs.

Is it that Godrej carpet ratio is always low like this. Except this every thing seems OK. Can any one comment on this.

As far as the carpet ratio goes, i am not too sure if your calculation is correct. I have purchased a 2. The carpet area for the same is roughly This works out to Kindly check the plan again and let me know if my calculation of the caroet area is incorrect.

Again checked with another slightly different floor plan got from agent. Did you consider only the dimensions inside the house, please confirm. I included the dimensions inside the house as well as the balcony. Without the balcony, it comes to See my calc below for 3BHK, 4 number apt in B blobk Note for below, E. Jobin, please check if my calc correct. I will make one for 2bHK also. I want to buy in Godrej, so infact I am trying to see what error and correct myself so that I can buy there.

See my calc below for 2BHK also below, done for 6 number apt in B1 blobk Note for below, E. SBA as per brochure for this sft I just took the minimum 2BHK SBA, because I have only 3BHK full details from Godrej as I am looking for 3BHK only.

But one thing we may note is that the appreciation is by brand and reference price i. When multiplying numbers, you are carrying over from unit places to tens place after every 10s — actually the carry over should happen after every The best way to calculate is convert everything into inches then multiply.

I did a random check of what NKS has calculated. It seemed very CORRECT. Your calculation is correct. In this project i believe the best floor plan is the 2.

Please find my calculation below. I have also booked 2. I have called the call center number a couple of times and asked for the floor plan. But they have not send me yet. How much did it cost for you? I mean inclusive everything… including registration and stamp charges? I have booked a 2. Total comes to For best carpet area ratio refer to http: I have bought a 3 BHK SqFt with a Carpet area of SqFt, Common Area Sq Ft, Built Up SqFt, Wall area 91SqFt.

I think the access is a big concern with Godrej e-city, the last km or so is thru a narrow crowded village lane with really bad traffic, and its going to get worse.

The extra psf charges looks absurd. Adding all I find it costlier. How much is the involvement of godrej in this project. Notify me of followup comments via e-mail. You can also subscribe without commenting. By submitting this form you agree to our Terms of Use and Privacy Policy. For property related queries please post them in the questions section: Godrej E-City Godrej Properties has announced the launch of their new project in Bangalore called Godrej E-City, aptly named so as the project is located at Electronic City.

Phase 1 of the project will consist of units Godrej E-City Options 2 BHK 2. Update price as of March 1st week 1, 2, 2. ApartmentsPrelaunch Offers. Farzana Rizvi April 23, NotAnInvestor August 4, Where should I start?

As my name indicates I am NOT an investor! Bad Invoices get generated much ahead of the schedules. Invoices get generated so that they have proper reporting in their quarterly numbers People: Worse Once you sign agreement, you are dealing departments and they do NOT have co-ordination among themselves Their customer service team R Kamala, Govardhan Rao R, Safia Parveen — every single person is totally irresponsible.

That guy loops in another person and the thread goes around without being addressed Flat: Worst Even after all this, one would be happy if at least the end product is good. Its just make shift Builders and realtors build something and offload their worries on to the buyers. Godrej Properties — You guys S. Sumit August 8, Yella Reddy August 9, The current demolition drive carried out by BBMP on august http: Godrej Properties ORM Team March 28, Poonam May 19, Godrej Properties ORM Team May 24, Vijaya July 24, Pankaj July 12, Tejendra Bhandari May 9, Looking for a 2BHK, anyone willing to sell please let me know.

Godrej Properties ORM Team May 12, Godrej Properties June 1, Sumit Bafna July 8, Dear Prospective home buyers, Godrej Properties Ltd might be a valued brand for only those who have never dealt with them. Sorry but this is a reality. Sudeep S July 14, Ganesh July 15, Godrej Properties ORM Team July 27, Dear Ganesh, Greetings from Godrej Properties! Sundar N August 3, Sudeep S August 4, Dear Sudeep, Greetings from Godrej Properties!

Sudeep S July 28, Jitendra July 29, Rakesh July 29, Gajendra July 18, I drop my plan after seeing the black sewage drain facing the flats and the gully road.

Sushil July 26, Bhaskar July 19, Jobin May 16, Naveen August 17, Hi Jobin I am interested. Lakshmiajay June 16, Planning to sell my flat due for possession in sep 16 tower I. Sure June 25, Mahesh June 27, Hi, I am interested please contact me. Anvesh July 20, Sudeep S December 15, Navin June 6, Godrej Properties ORM Team June 14, Siddu June 13, Godrej Properties ORM Team June 16, JoePilgrim September 11, Hi, I am considering an apartment in Phase 3 — does anyone have any recent feedback?

Sudeep Sharma November 9, Lakshmi Ajay November 26, I think they are keep up with the schedule. Raj Narayanan November 29, Satendra Singh June 23, But I am looking for the genuine clarification against the following queries: Ajith May 4, Godrej Properties ORM Team May 9, Dear Ajith, Greetings from Godrej Properties! Godrej Customer May 10, Jitendra May 10, Hi Jitendra I am interested. Kaygee May 13, We have invested in a BHK in tower R, could we connect to other owners in similar such forums.

Abhilash B July 30, Hi…I am about to invest in tower R…. Kaygee August 1, Lakshmi Ajay October 24, I have invested in tower I. Lakshmi Ajay December 29, Lakshmi Ajay January 28, Vidya I hope my msg will help you decide to some extend.

Lakshmi Ajay January 31, Vidya February 1, Lakshmi Ajay February 7, Godrej Properties ORM Team February 23, Hello Vidya, Greetings from Godrej Properties!

Suresh Varma September 21, Hello Lakshmi, Greetings from Godrej Properties! Sudhir March 20, Hi Ajay, I agree with you. Kaygee March 25, HG July 5, I have brought a flat in Tower R.

Share with me group details. Bhairav April 10, Leo November 12, Godrej Properties Limited November 27, Hello Leo, Thank you for your valuable suggestion. Tom December 9, Chandra November 14, I called them and asked for the price they said got shockedbecause in AECS layout itself … And also please let me know which are the good schools near by. Godrej Properties limited November 19, Dear Chandra, Greetings from Godrej Properties Limited!

Godrej Properties believes in a relationship based on trust with our customers. Regards, Godrej Properties Limited. Godrej PropertiesIN October 16, Kamal, Greetings from Godrej Properties! Some of these check-points include: Godrej PropertiesIN June 3, Dear Commenters, Thank you for taking the time to make your observations regarding the Godrej E-City residential property in Bengaluru.

Godrej PropertiesIN June 11, Dear Vijay, Thank you for showing your interest in Godrej E-City Bengaluru.

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