01/02/2025
Hi Rise project big cheating they are not mentioning completion date and weekly planned vs Actual Progress, they are selling at heavy price through their ads, I have requested them to Provide EPC schedule and project planneod vs actual progress no company has provided that, they are selling very expensive with that you can get 2 properties in Dubai or Saudi . 90% amount they are taking up on slab completion which should not be more than 35% , always check qualified engineers while buying any property, Remax company from USA did marketing for Aliens Space station in 2009 which was supposed to be compelted in 2011 project got delayed by more than 10 years check yourself.
Don't let your children to suffer with court cases .
Just go through it
Many people are into real state business they don't no abcd of construction or venture devolopment because of them prices got increase they have more marketing people than qualified engineers always there is vacancy only in Real Estate marketing fool and loot innocent customers .
Few queries before u buy any property.
1.First check the Project has RERA approval or not which is mandatory since 2017 , for any ad RERA approval number to be mentioned if not book case on them, with RERA approval number you can get all the details RERA approval is must after DTCP/ HMDA approval for land more than 500 M2 it is applicable and if someone constructing 8 flats or more. Many people they make their own venture which is not valid for example when u put son /daughter in school u know which syllabus they are studying ssc, cbse, icse same system in ventures also.
2,. Check governament rate
3. If they are charging twice governament rate it is ok not more than that.
4. Never purchase any plot if the approach road is less than 40 feet and internal 30 feet
5. For buying building or flat ask them to show occupancy certificate or NOC from municipal.
6. Expert engineers advise, when u buy agriculture land ask for Tippan survey of land.
7. Prices are going to reduce drastically by April 2025 be careful check ROI
8. The broker give some advance of land they have chain of partners who put their profit too in that it is the buyer who is suffering.
9. Don't purchase property for 6months prices will fall.
10. Who ever dealing in lands ask for their qualifications ask them to show their certificate
11. It is your hard earn money , the realstate because of brokers and illetrates has reached to such stage that the seller is selling at 10 buyer is taking at 18 rest going in brokers chain.
12. Take land in approved layout only check each documents yourself .
13. If you are buying building /flat check who was the architect /engineer if have seen many buildings/apartment after 3 to 4 years it looks 30 to 40 years old unprofessional people are in construction they don't have material, engineering knowledge many buildings I found lot of pillars it is not at all required .
14. The life of RCC building is minimum 80 years so approach engineers or architect for safety quality , economical
15. Many companies who are doing Highrise projects ask to provide completion date , Project status planned vs Actual progress Penalty clauses, occupancy certificate, 5 years maintenance gurantee so that cheap material they not use., U insist for 3rd party check from your side . Payment for Civil works not more than 35% presently they are taking 90% , Customers money they are buying land and constructing with expensive selling price
16. Remember showing , sun, moon, star beside the building in brochure does not mean it is possible in real. Don't buy by seeing brochure first technical check if u r statisfied then show the property to the family .
17. I have challenged many companies they don't have technical team they have marketing and sales team there aim is to sell and the project will not complete check Google many companies cheated customers since 10years still project not completed , they put money in advertisement in news paper, TV channels and fool innocent customers they even don't no carpet area, built up area, super built up area which rate u r charging it should be carpet area only
18. those who buy plots other than HMDA/DTCP layout , those who bought building or flat without occupancy certificate please form an association book the case against the company usually they are open on Sunday .
19. Always buy property on some loan.
20. Those who buy earlier sell back to the company and check how much they pay and the time they take.