BPTP Park Elite Floor- Enhanced EDC Charges

[bharat0211]

Dear All,

Again the devil has started to come into our dream. BPTP has now raised the demand on account of Increased EDC charged @ Rs 1174 per sq yard applicable w.e.f. 2005. But as per the DTCP letter no 395 dated 28-3-2012 the retrospective date for calculating the Enhanced EDC charges should be 25/5/2011. This will save a huge interest and arrer amount in the EEDC demand. Builder has not mentioned this effective date in his demand.

Seconly the exact EDC charges per acre or per sqyrd are not mentioned by the builder inthe demand letter which clearly indicates that the already paid EDC/IDC by unit holder may or may not be accounted in the increased charges.

As the BPTP has created a brand of Cheater in the real estate industry and despite wasting time in court hearing we can not do much more. I just want to inform all of you that please ask the builder the exact calculation detail of the total EDC charges as per the HUDA's order and also the arrer of interest on these charges.

If anyone has any information regarding this calculation, please send me the calculation detail on my email id i.e. bharat0211@gmail.com. It would be of gr8 help for me.

Thanks

Regards,

Bharat Rajak
9810553630

[dheiraj.jain]

Hi All,

Please check this video on Aaj Tak (Sabse Tez)

http://vimeo.com/14051330

This is about similar practice by BPTP in Gurgaon Freedom Park Life. Let us unit and fight against devil.

Regards

Dheeraj

[Manoranjan]

Mr. Bharat,

Have you received any Demand Letter from BPTP regarding payment of the enhanced EDC in resepct of your Park Elite Floor? If yes, can you please post it ?

[ravie_in2]

Subject: Enhancement of External Development Charges (EDC) in Faridabad, by the Government of Haryana vide Memo No. HUDA.CCF.ACCTT-I-2011/17903 dated May 25, 2011 and Memo No. HUDA.CCF.ACCTT-I-2012/8211 dated March 5,2012.

Reference: Floors No. ......., being constructed at plot admeasuring 250 sq. yd. in our project Park Elite Floors, Parklands, Faridabad, Haryana.

Dear Sir,

This is to inform you that vide the above captioned Notifications, the Government of Haryana has enhanced EDC rates in respect to the licenses granted by Director Town and Country Planning, Haryana ("DTCP") in Faridabad w.e.f. 2005.

As per the above notifications, the revised external developement charges (EDC) are Rs.3,975,821.00 per acre retrospectively w.e.f. 2005. On account of the above revision, the Enhanced EDC of Rs. 1174/- per sq. yd is applicable & chargeable to floor owners in 1/3rd proportion of their respective plot area.

Hence, the amount payable is detailed below-

S. No. Particulars Amount Abatement Value subject Service Tax Total Amt
(Rs.) / to Service (12.36 % of B) (Rs.)
Exemption Tax
(A) (%.) (B) (C) (A+C)
1 EEDC Payable 97,829.42 97,829.42
(Rs. 1174 per sq. yd X 250 sq. yds. X 1/3rd Share)
2 LESS:- EEDC Already Called 0.00 0.00 3 Balance Payable 97,829.42 100% 97,829.42 4 Current Demand 97,829.42 97,829.42 5 Add:- Previous Outstanding 17.59- 17.59- 6 Total Amount Payable 97,811.83 97,811.83




In view of the above, we call upon you to pay the net sum of Rs. 97,811.83 against the current due of Rs. 97,829.42 after setting off the credit balance of Rs. 17.59-, on or before 26.05.2012.

Please note that all delayed payments are subject to charge of interest @ 18% per annum for the period of delay.

Note:- "Central Government, in the Finance Act 2010 and related notifications, has levied Service Tax on sale of Residential / Commercial Complex in case any amount of sale of Residential / Commercial Complex is taken by Builder / Developer or his Authorized Agent before the completion of construction of such Residential / Commercial Complex. The said tax is applicable w.e.f. 1st July, 2010. Accordingly we have charged the above mentioned service tax on this installment. In case there is any service tax due on the demands already raised or amount already paid,you forth with are liable to pay the same.

If you require any further information please feel free to contact us at +91-124-3852787 or email us at
customercare@bptp.com

Thanking you,
For BPTP Limited.

[sagar.rajbhar]

Dear Mr.Executive (BPTP)



It will great help, if you can provide the calculation of Rs.115 per sq feet of Park Elite Floor, which is already charged by you. What is ratio between EDC and IDC and ratio permitted by DTCP.


thanks

Sagar

[ashoka2002inin]

Dear BPTP Park Elite users,
I think BPTP is crossing all the limits and completely involved in the illegical acts by taking out of money from our pockets.
Their demands are not valid but we are being forced to pay the EDC / IDC etc. and when we ask about the calculation, they become silent and ask the individuals to visit their Gurgaon office. If they can take the cheques at their Faridabad site office then why they cant show us the EDC / IDC at there.

Now 4000 plus are the victim from BPTP park elite floor and you guys will get a demand of Rs. 5 lakh for STP and 2 Lakh for installing the sub station very soon. So be ready for endless demands and finally you will have no choice but to sell your property on a very price.

But if we all are really serious like other memeber of GFWA core team then please form the local park elite association and file a case against the BPTP. This is the only way which can save us from their endless and huge demands.

Just we have pay the lawyer fees and we all will come out the tension.

I attended one GFWA GBM and there was Mr. Rajan who was willing to file against BPTP but now a days I am not able to see any post from him. I would request him to lead the BPTP property holder and help us to get it reliefed from these endless, huge and illegical demands.

[aquaregia]

Dear Friends,

The current enhanced EDC demand by BPTP is showing ECD payable @ Rs. 1174 per sy. yd. whereas they have intially charged at Rs. 115/- per sq. ft. This is an exhorbitant increase in the ECD charges compounded by the fact that BPTP is unwilling to answer any query in this regard.

Does anybody in this forum has exact calculations in this regard ?

Regards,

Vikas Bansal

[yadav_ajay]

Dear Ashok Ji,

We got registered an association namely "Parklands Owners Association Greater Faridabad" and Parkland Association got many documents against the BPTP, which clearly expose the malpractice and cheating of BPTP.

Rajan Ji working on the same with support of all other parkland members.

We had discuss our issues with many lawyers and giving final call to one Lawyer. But you can understand that Lawyer fee is huge and for the same we are asking members to be part of "Parklands Owners Association Greater Faridabad" and Join hands to fight against the BPTP.

We called one meeting on 6th May'12 and sent individual mails to all members, but only 25 members turned for that meeting.

We are now giving cut off date to all members of parkland as 13th May'12 to be part of Association, else we will move forward against the BPTP whatever be our count.

Members associated with us will be counted for the fight against BPTP and will be part of delegation for all the matters.

Anyone interested to be part of Association, can reach us at "parklandsowners@gmail.com"

[ashoka2002inin]

Dear Ajay,
Great going buddy.

[bharat0211]

I also got the demand of Enhaned EDC and spoke to BPTP. They have refused to provide calculation detail now. They said they r working on it and it will take 7 days. Again like super built up area increas, they will provide a fake justification of Old EDC and enhanced EDC. This is to inform you that the cut off date of enhanced EDC amount is fixed by DTCP is 25.5.2011 but BPTP is charging it w.e.f. 2005.

Bharat

[bharat0211]

One more example of BPTP cheating. readt it

http://www.indianrealestateforum.com/bp ... post419848

[mohitm]

Hi friends,
I have got the following calculation from BPTP for Park Elite floors 300 sq yard. Please advise



Particulars
Amount (Rs.)

Revised External Development Charges (per acre) for 2005
3,975,821

Less : Interim Rate of EDC (per acre) for the year 2005
1,819,000

Enhanced EDC
2,156,821

Add : Interest
258,819

Total
2,415,640

Enhanced EDC rate per sq. yd. to be charged proportionately
1,174

[bharat0211]

I have received following reply:

Dear Sir,

This is in regards to the enhanced EDC demand raised on 5th May 2012 and your subsequent email on the same.



We would like to inform you that as per the attached HUDA notification in May 2011, EDC was enhanced and HUDA advised us to charge interest from 2009 to 2011 on a retrospective manner. The same has been revised as per the HUDA ruling received in Mar 2012, the interest is now been charged from May 2011 till the time the demand has been raised by us.



Please note that for Park Elite floor, we had not raised the demands earlier, and the demand raised in May 2012 has been done as per the new court ruling.



We hope that your query has been addressed as per your satisfaction.



Thank you for writing to us. Should you require any assistance please feel free to write into us at customercare@bptp.com. We will be happy to assist you.



Regards,

Shruti Rawat

Sr. Executive-Customer Care

Office Phone: +91-124-385-2787

BPTP Crest

Plot # 15, Udhyog Vihar Phase-IV,

Gurgaon-122015, Haryana

Email: customercare@bptp.com

[bharat0211]

dear mohit.

your calculation is stil not giving the value of Rs 1174 per sq yd if u divide the amount Rs 2415640 by 4840(1 acre -4840 sq yd)

Also ask bptp the interim EDC rate in 2005 at Rs181900 per acre ? how did this fig come?

I think we r kept in dark by the builder.

[rajesh2911]

What I got response from BPTP office>>>>>>>>>>>> Its strange really

Dear Sir,





Greetings of the day!!



This is in reference to your below mail.



We would like to inform you that 1 acre is equal to 4840 sq. yds. However, the calculation of EDC is always done on the saleable area which is 2058 sq. yds per acre.



The reason for the same is that in the layout plan, we also mark area for roads, parks and other common facilities. Therefore we would request you to please remit the dues as per the calculations sent to you



"Should you require any assistance please feel free to contact email - customercare@bptp.com ”



Regards,

Shruti Rawat,

Sr. Executive-Customer Care

Office Phone: +91-124-385-2787

BPTP Crest

Plot # 15, Udhyog Vihar Phase-IV,

Gurgaon-122015, Haryana