Tuesday, April 12, 2011

New projects by Era landmarks

The Company Era landmarks(i) ltd, has started selling new projects in and around NCR. They are offering apartments in Faridabad, Palwal and Gurgaon. The apartments that they are offering at Faridabad, is a highrise complex that they had sold in 2007 and after a period of more than two years abandoned the project and has now come up with another at the same location by the name of " Divine court, sector-76".
The project in Palwal, is the project that was earlier to be a highrise apartments but after more than two years the company abandoned that project aswell, forced customers to transfer into this new project that is now coming up as independent floors again by the name of Divine court, palwal.
Now lets come to the project that Era is coming up in gurgaon, you all would be amazed that this project was also sold to public in 2007 and has till date not seen any development work.
The other projects that thatthe company started in faridabad is Redwood residency sector-78, it was to be completed by sept-2010 and now the builder is saying that it will take 18 more months and that the project is on time. The central green area shown till date in its plans is not in its possession and it says that it never showed it as its own land. There are three roads that cut through the project but the builder says that if the govt brings in new roads how can he go against the govt. whereas the fact is that his project plan that got approved in 2007 shows all three roads. Therefore please check personally on what you are buying from any builder and do not rush your desicion based on recommendations of the property brokers or investment guru's......your hard earned money is at risk.