by agarwalsanjeev » Mon Oct 11, 2010 11:32 am
Dear Savana Members,
Below are the list of questions for which clarification from RPS management is needed. Jayanta - Let us take suggestions from all the members and include their concern as well and issue to RPS latest by 15th October.
Agenda:
1) RPS had promised to complete the building construction works within 36 months from the date of signing the buyer’s agreement? Please explain.
2) The internal development activities like road works, water supply, sewerage system, electricity provision, security systems, parks, swimming pool, club and other amenities have not started. Please explain.
3) When does RPS intend to complete the building works and internal development? We require schedule for completion.
4) RPS has proposed to provide possession to the flat owners on progressive basis as and when a particular tower is complete. How will this work without internal infrastructure?
5) When and which tower shall be given first possession? We are aware that HUDA is not ready to provide external infrastructure.
6) We paid EDC and IDC charges way back in year 2007. Please show us the receipt depositing to the EDC to concerned authorities. How the IDC is utilized?
7) What is the standard time frame between completion of works and offer date of possession?
8) We realize that the land allocated for park between Bluebeech and Bayberry Tower is changed to two primary schools. Why such changes are initiated after approval of plan?
9) Incase of implementing such plans, when RPS will return the PLC amount taken from the flat owners which were meant for Park facing flats.
10) Since the scheduled period for completion of works (36 months from date of buyers agreement) has already expired. Thus penalty is to reimburse on a monthly basis by RPS. For the period already lost, an interest is due to RPS which should be regularized immediately. Our cash flow was planned according to possession. We have lost the opportunity however our liability towards rent and EMI remains. The penalty shall help us to meet the part requirement of EMI.
11) Most of the agreements are dated in Oct’06 thus possession of flats is due in Oct’09. In one of the discussions with your office, reference to clause 13 “ the possession of flats can be delayed by builder subject to ‘force majeure circumstances’ and clause 50 of the buyer seller agreement” was given which is not applicable to the current circumstances.
Regards,
Sanjeev Agarwal