Flat Owners in Kolte-Patil Developers' Ivy Estate at Wagholi are Fighting for Possession & Compensation!:
The flat owners in Ivy Estate at Waghoil are very angry with Kolte-Patil Developers Ltd.(BOM:532924) -.
Kolte-Patil has constructed the buildings as per schedule. The flats are ready. But for the last 6 months, Kolte-Patil is refusing to give possession.
As per the agreement, possession was in June 2013. But, even in December 2013, Kolte-Patil Developers haven't given possession of Ivy Botanica, Ivy Apartments, Umang Premiere in Ivy Estate Wagholi.
Not only that! Even after the delay of 6 months - Kolte-Patil is not giving the exact date of possession.
Result is, for the last 6 months every flat buyer in Ivy Estate is suffering financially. They are paying Pre-EMI + Rent for the last 6 months. And they do not know - how much more loss they have to bear.
The loss is not only financial.
Kolte-Patil Developers have disrupted their life.
Those flat buyers who are living on the rent - can't renew or give notice to landlord. Those who have school going kids - are worried about their children's education. Those who are going or coming from 'site' - don't know what to do. Their careers and jobs are stake.
In short, Kolte-Patil Developers have made their life miserable.
Now, what all these flat owners in Ivy Estate are demanding is - the early & firm date of possession and compensation for financial loss & mental agony.
But, Kolte-Patil Developers is giving only vague answers. No firm commitment.
So, ultimately, the flat owners in Ivy Estate Wagholi are planning to go to consumer court.
This is what Mridul, Manish, Divya & Abhay told me, after the meeting of flat owners in Ivy Estate Wagholi, on last Sunday.
"Tell me once again, why Kolte-Patil is not giving possession?," I asked.
"Because of delay in getting completion & occupancy certificate - we are told," Mridul said.
"But there must be some other reasons too - we are worried," Manish said.
"Such as...," I asked.
"We couldn't talk to the owner - or any responsible top manager - for the last 6 months - only customer relations executive is giving the standard reply - the process of getting completion & occupancy certificate is time consuming - this has created doubts in our mind - Is there any other issue - about water line - power supply? Why is it taking so long? What is the real problem?," said Abhay.
"What do you expect from me?," I asked.
"What can you do? All we want is possession of our flats - & compensation for the delay!," Manish said.
"Okay. Let us record your video - explaining your issue," I said and recorded their video.
While coming back, in the bus, I saw the video and started wondering - how innocent we all property buyers are! We don't have slightest idea about who is the true 'devil'.
Kolte-Patil Developers, now, 'Aam Aadmi' is awakened and united.
Better tell the truth & shame the devil.
Happy New Year!
1) Join Facebook Group - Ivy Estates Residents Pune
2) Pune Home Buyer, Hurry Up! Make a Fool of Yourself!!
3) Pune Property Exhibitions - Mass Manipulation of Home Buyers
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