Regarding Greens

[varidh bhargava]

Hi All,

  I was going through all threads posted on this group. I too have booked a house at OAK Tower Block B (2nd phase).  There are quite a few questions regarding the credibility of builder being raised 

  which made me worried abt my investment.

   Since I had booked this flat at very launch of project , i had talks with few senior folks of Indya estates. Today I had a brief discussion with Mr Kiran (senior person at Indya Estates). Following are few clarifications which they have made.

   1. Regarding approvals : There were doubts being raised that greens does not have proper approvals since they are not providing us with the details.

                         In this regard, Mr Kiran told me that they have got approval from anekal town authority. He has shared with me a document issued by Anekal authority. Please find the document as an 

               attachment with this mail.

   2.  A Khata versus B khata :  As per Mr Kiran, the existence of A khata and B khata is with in BDA limits. there is no B khata in BMRDA limits. Since this property is approved by BMRDA hence there is no concept         

                        of B khata and hence be assured.

   3.  Regarding giving post dated cheque and receiving money from Manjunath:  Regarding this, MR Kiran gave some clarification which i was not able to understand properly since i was driving, but he mentioned 

                        something related to valmark investment and was related to some security. I guess it was some valid reason but I would suggest you folks to ask some senior person from Indya estates about this and 

                       get it clarified.

    Also they are hoping to get the approval from BMRDA for Phase 2 in next 1-2 weeks which was delayed to recent elections in Karnataka which i too agree.

   I guess these were the major doubts raised in this forum. I would suggest to talk to some senior folks at Indya estates instead of sales executive attending us  since they themselves dont know much details.

Regards..