I am not sure if all of you have received a courier from GPL with a subject "Home Loan Approvals" - I received this letter on 4th March and what was interesting about this letter was
- It stated that the 3rd payment will be due at this time
- The letter also stated that as per Construction linked plan the 3rd payment is likely to be due - so I called the GPL rep and confirmed. They stated that the approvals have come thru and formally they will receive the letters next week (I will update the post when i hear that confirmation too).
- Secondly, GPL plans to begin allotment of houses and therefore this letter was sent so that customers can arrange funds either via loans or whatever means they may have as the formal payment letters will be sent to us by mid of April with end of april as due date for making such payments.
2. For some strange reason I still don't see any private banks offering loans for this project - maybe after GPL has the formal approval letters in hand - we will see private banks begining to fund.
3. Also what would be interesting to see (after apporvals are in place) what changes GPL makes to the 2150 and 2190 sqft 3BHK + servant houses. I heard a few months back that the super area of the house is set to increase by 40-50sqft as they plan to add a store cum puja room in the 3BHK offer...(which also means additional payment from us...)
I appreciate you all taking to visit this blog and build the Eden Heights community...hopefully we will all get a chance to meet (when the sample flat is ready...)
Happy Sunday!!!
5 comments:
I am being out from India on a project.. I am fully dependent on you folks and this blog..
Hi Samir - my hope is to update this blog with the minutest of details that might be useful to any of the end user. If you need any further info do not hesitate to reach out to me or to others on this blog...
Any one is having an idea about how much EDC and IDC will be there on this project???? I have spoken to GPL guys and still they are not able to say any fixed amount for these charges
My cousion brother met GPL's manager Manish Pandey.. and according to him
1) Construction will start in April 2008 end ... one sample flat has been constructed ...
2) Third installment is due by end of April 2008 ...
HI Samir - a little clarification Sample flat is NOT constructed yet...its barebones and doesnt look anything like a dwelling. Sample flat is underconstruction and I think it will be a strech to complete it by end of April..but am keeping my fingers crossed.
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