Sunday, May 4, 2008

Allotments "MAY" take place shortly...

<May 12th, 2008; VIK update> : Got a call from GPL on 10th May informing that allotment begins during the week of 12th May...read the comments section for detail. Will update blog after my discussion with folks at GPL...

The "MAY" above reflects the Month "May", and not tentativeness because the allotments will begin very shortly!! Here is the latest
  • Layout Plan Approval : I have heard this over and over again that the "layout plan approval" is the only thing that is pending but the grapevine has it that all approvals are NOW in place
  • Allotment letters : Allottment letters may be dispatched by May 11th to all the flat buyers. Which means that you need to keep 10%of BSP + 25%PLC + 50%EDC + IDC equivalent of cash ready. Make the payments and get your allottment done
  • Bank Loans : Just like me many of you are also tired of hearing that "we have submitted papers to HDFC bank" - the latest is that HDFC bank should approve the project in a week or so (and so many of us have heard this so many times, so many weeks before :o)..so lets just wait and watch)
  • Sample Flat : Sample flat should be ready by end of this month (looking at the progress on the ground - I think it's safe to add a couple extra weeks before it's ready to entertain visitors. Once the sample flat is ready - I will create another section on this blog just get the bloggers feedback on the sample flat to check
  • Advertisement: There also seems to be a plan to release some advertisement in this month (It makes sense to have an advertisement now that the Sample flat is getting ready - but my guess is that the advertisement will not come out till the sample flat is totally ready...to get more foot falls at the sample flat)
  • Bhumi Poojan: Now that all the approvals are in place - I heard that GPL plans to do a bhoomi poojan (it'll be a nice touch if they send the inverstors/buyers an invite to attend the same)...

So thats the latest and the greatest...from my side.

~vik

4 comments:

Unknown said...

Thanks for this updation Vik, looking for a latest site/sample flat pictures and if possible video also....

Maninder

vik said...

I got a call from GPL on Saturday stating that the Allotments are begining monday and they would like to meet to discuss.

They would like to explain things and will give a week or two weeks to arrange for funds...(though the HDFC homeloan thingy still seems to be just a week away (even after many weeks)..i will clarify when i meet in person.

I will probably update the blog after my discussion with GPL folks...in a couple of days

~vik

PS: maninder, i didn't get an opportunity to visit the site yet so excuse me for not getting the pics.

pound1 said...

Guys, good work sharing your views on this blog. Just wanted to inform you guys that for bank loans it is better if you approach a public bank like bank of baroda. The loan approval may be tedious but you are into safe hands. You will not see many projects getting approved by BOB or OBC. BOB is giving a guarantee of disbursement in 6 days. You can call me for details @ 9971493872. One tip - loans from BOB have same rate of interest for 20 years or 25 years option...here you go !!!

Unknown said...

Hi Vik

Can u give some update on Sample Flat, next installment, project schedule of GPL etc? Now its a long time, havent seen any updation on GPL.....

Maninder