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Buyers in dilemma

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Sources revealed at www.propertykhazana.com says even though it has been told by the developers the Noida Extension home purchasers have not yet signed the contracts to book the flats but they have only made the token advance for the flats and are under trouble. Such type of purchasers had received the letters from the developers to pay the rest of the amount within a period of 2 weeks and to sign the contract or else to take back the payments made earlier.
On the other side builders said that they are still deciding whether to hike the total price for these purchasers only when Greater NA tells them the percentage of reimbursement load which must be recieved by them. A report also reveals, the member of Panchsheel Homebuyers Group Ravi Garg saying “The cause for the purchasers is that, who had paid only the token advance and had not followed it. And they had not paid the booking amount and not even signed the contract, sign was necessary because the matter was sub-judice in the Allahabad High Court.” Now builders have sent the notices to the purchasers asking them to book their flats within 2 weeks or else to collect back the advance paid.
Speaking to www.propertykhazana.com Grag added that “If the purchasers fail to book the houses within 14 days of time then they have to book the same flat at new rates. And builders must show kindness and not to force the purchasers to sign the contract, they must also postpone signing the contract due to the lawful crisis.” But still the builders uphold that they have not taken any decision on hiking the prices for such purchasers and claims that they have not asked them to sign the contract from the last 5 months. In the meantime, Amrapali Group has started issuing the notices for the purchasers and Anil Sharma of Amrapali Group stated that “We are not doing this to get extra money from the purchasers but to find out the authentic shareholders.”
Source: NIMMA BENGALURU

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