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Invitation to RPS SAVANA Allottees to join Case in NCDRC against RPS Infrastructures Ltd Have you submitted a rating and reviewed your project? Rate & Review your project now! Submit your project and review. Read Reviews! Share your feedback! ** Enhanced EDC Stayed by High Court ** Forum email notifications...Please read ! Carpool from Greater Faridabad to Noida Carpool from Greater Faridabad to GGN |
RPS SAVANA IS DEMANDING BANK GURANTEE FOR 5% VAT CHARGES AS THE CASE IS SUBJUDICE.ANY ONE HAVING ANY IDEA AS THOSE HOW HAVE PAID FOR EEDC DONOT GET ANY RETURN AS THE CASE IS ALSO SUBJUDICE ANYONE HAVE ANY IDEA.nilmani wrote:possession start of T4 with huse demands.
san66 wrote:RPS SAVANA IS DEMANDING BANK GURANTEE FOR 5% VAT CHARGES AS THE CASE IS SUBJUDICE.ANY ONE HAVING ANY IDEA AS THOSE HOW HAVE PAID FOR EEDC DONOT GET ANY RETURN AS THE CASE IS ALSO SUBJUDICE ANYONE HAVE ANY IDEA.nilmani wrote:possession start of T4 with huse demands.
san66 wrote:RPS group is asking BG(bank garuntee) from flat owners @4.2% else refusing to register!Can anyone suggest ligitimity?
sonila wrote:Hi,
even we were also told the same by the RPS group. However please do not be hopeful that they will be adjusting or paying the amount. There is clause in the agreement which says that a builder can charge more in case there is increase in the cost of raw material. So they will be adjusting the penalty amount against these charges which again works out in favor of the builder only and not in favor of us. That is why they are telling us that they will adjust the penalty in the last installment.
This can be taken up legally however it makes sense only when we pursue as a group of 40 or more owners. Aprox .per owner the penalty amount should come to 3.5 to 4L. If we go individually then the case will first go to district court and then high court. It will be difficult to run to Chandigarh for every hearing. However if we file it as a group of 35-40 or more owners then the total penalty amount will be more than 2Cr and the case can be filed with National Consumer Forum Delhi, and also becos the amount will be big, the hearing and decision will speedy.
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