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BPTP Spacio Park

This is a discussion on BPTP Spacio Park within the Product And Services forums, part of the Miscellaneous category; I had booked a apartment with BPTP Spacio Park sect 37D in the month of August 24. As per construction ...

  1. #1
    susharma is offline Junior Member
    Join Date
    Nov 2010
    Posts
    1

    Default BPTP Spacio Park

    I had booked a apartment with BPTP Spacio Park sect 37D in the month of August 24. As per construction link plan already paid 10% booking amount + 10% with in 45 days and total 20% till the date. Next demand falls on the escavation of site and now I am in receipt that demand. I have checked from site and found no escavation at site since the project was launched 23rd July 2010. They also have their existing project as park serene in the same perifery since year 2008 and being represented as the escavation of SPACIO Park Serene. After a strong followups I have not been received the agreement letter which is required for the loan disbursement, though the banks is not funding for this project as the project may not be approved.

    The demand which is received along with allotment number, they have alloted as per their benefit and alloted on 14th floor with PLC.I have specifically mentioned on the application form as NON PLC, 7th floor. I enquired from their customer care and got responce as builder have sole discretion to do whatever he want as per their benefit and not ready to help in this regard. I am very disappointed and needs builder buyer agreement at the earliest for the disbursement of loan otherwise they will impose 18% late payment charges.
    Can builder do like this and no right with customer? Thanks

  2. #2
    iinu Guest

    Smile Same Boat

    Quote Originally Posted by susharma View Post
    I had booked a apartment with BPTP Spacio Park sect 37D in the month of August 24. As per construction link plan already paid 10% booking amount + 10% with in 45 days and total 20% till the date. Next demand falls on the escavation of site and now I am in receipt that demand. I have checked from site and found no escavation at site since the project was launched 23rd July 2010. They also have their existing project as park serene in the same perifery since year 2008 and being represented as the escavation of SPACIO Park Serene. After a strong followups I have not been received the agreement letter which is required for the loan disbursement, though the banks is not funding for this project as the project may not be approved.

    The demand which is received along with allotment number, they have alloted as per their benefit and alloted on 14th floor with PLC.I have specifically mentioned on the application form as NON PLC, 7th floor. I enquired from their customer care and got responce as builder have sole discretion to do whatever he want as per their benefit and not ready to help in this regard. I am very disappointed and needs builder buyer agreement at the earliest for the disbursement of loan otherwise they will impose 18% late payment charges.
    Can builder do like this and no right with customer? Thanks
    We are in the same boat.

  3. #3
    madhu22 Guest

    Default i haveo booked one recentrly

    I booked in park serene (spacio) and paid two installments. any update on the project status ????
    I heard from bankers that tjhis project is approved.

  4. #4
    Unregistered Guest

    Post BPTP Park Spacio grievances

    We bought a 3BHK with servant and study in the BPTP Park Spacio project at Sector-37D last year. Despite specifically mentioning in our application form that we needed a Non PLC flat, the builder is charging us PLC of 2Lakh. The argument they give is that the tower where we have been allocated flat is a PLC Tower. This was well discussed with the broker by us while booking the flat but now BPTP is not ready to take any responsibility of the stories the broker narrated us while booking.

    Now when we received the draft copy of the buyer's agreement, it comprises of an afidavid which declares that we will have no objection even if the location of our flat is changed at the time of offer of possession.
    Also, it declares that we have well verified the kind of construction quality we will be getting and we are aware of what is being used for construction. They have not given us any elaboration for for construction material.

    We have not signed the buyer's agreement as of now. But the kind of monopoly our builder is showing up, we are worried.

    Is there a way to ensure that our voice is heard. We feel helpless while dealing with our builder.

  5. #5
    Atul999 Guest

    Unhappy Park Spacio grievances

    We bought a 3BHK with servant and study in the BPTP Park Spacio project at Sector-37D last year. Despite specifically mentioning in our application form that we needed a Non PLC flat, the builder is charging us PLC of 2Lakh. The argument they give is that the tower where we have been allocated flat is a PLC Tower. This was well discussed with the broker by us while booking the flat but now BPTP is not ready to take any responsibility of the stories the broker narrated us while booking.

    Now when we received the draft copy of the buyer's agreement, it comprises of an afidavid which declares that we will have no objection even if the location of our flat is changed at the time of offer of possession.
    Also, it declares that we have well verified the kind of construction quality we will be getting and we are aware of what is being used for construction. They have not given us any elaboration for for construction material.

    We have not signed the buyer's agreement as of now. But the kind of monopoly our builder is showing up, we are worried.

    Is there a way to ensure that our voice is heard. We feel helpless while dealing with our builder.

  6. #6
    Unregistered Guest

    Default BPTP Spacio loan issuess

    no bank is currently funding BPTP spacio, HDFC or SBI, They have raised all the demands but there is no one to go for loan

  7. #7
    Unregistered Guest

    Smile BPTP SPACIO BUYER/SELLERs

    Hi,

    BUY/SEll in BPTP SPACIO/ BPTP PARK SERENE
    1000,1225,1488,1788,1800,2250,2450 Sqft

    Please Call-

    Prashant Sharma
    INDIAN REALTY
    91- 9958380001,9891380001

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