News of Myfaridabad Forum

To overcome the recession in the property market, the Haryana government has decided to give relief to the housing projects in the low potential towns especially those which lack infrastructure services to be provided on account of External Development Charges (EDC).
"We want to accelerate the development of small and medium towns, which can serve as generators of economic momentum while at the same time strive to reduce rate of migration to existing large cities. ...

BPTP has launched an ambitious Singapore inspired lifestyle 3/4 BHK luxury Apartments/Flats in Sector 77 Faridabad, named BPTP Park Sentosa, a residential group housing project in the heart of Parklands Pride Faridabad.

Discuss the news and updates on this property here.

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View the complete listing with contact details... http://www.classifieds.myfaridabad.in/a ... -jobs.html
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Hello Members,

I had booked an apartment in BPTP PARKLANDS PRIDE, Sector-77 in July 2011. As you all might know casting of second floor roof slab is complete and construction is in full swing.

My questions are

When will the builder BPTP hand over the apartment to the customers
Will this property, appreciate in value. What would be prospective price per square feet in 2 years from now.

Appreciate all the responses.


Thanks
Amit
...

National Consumer Commission passed order today clarifying "status quo" order given on project on January 29, 2013. NCDRC clarified that stay is not applicable for construction activities and handing over possession to buyers. But, stay continues on extra demands. As I understand at time of handing over possession, builder can't demand any payment on account of:

1. Open Car parking
2. Enhanced EDC.
3. Additional Charges.
4. Sale of Podium
5. Cooking Gas Charges.
6. ...

Mon, 15 Apr 2013 10:09:35 GMT


First Gulf Bank has said it achieved record sales worth $75 million premium of Life Insurance Corporation's product Jeevan Aastha 3 in less than 30 days since the product was released.



Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

Fri, 12 Apr 2013 18:30:00 GMT


Have you ever wondered why spending limits on your credit cards vary so much? The spending limit or the credit limit is a function of the borrower's income and usage. The crucial factor that determines it, though, is sourcing of information about you by credit card companies.



Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm ...

Kindly see photos attached

Hi,

I am holding a unit in Park Floor II, Sec-76. just want to know whats the current status of this project and is there any appreciation in it?

Thanks
Anshul

Sat, 13 Apr 2013 03:55:43 GMT


Integrated townships are clusters of housing and commercial businesses with associated infrastructure.

Read more here... http://www.financialexpress.com/news/in ... w/1101897/