Salarpuria Magnus

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Salarpuria Magnus
Mar 28, 2017 09:08 AM 15794 views

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This is a good project. But the agreement is totally one sided in favour of the builder and leaves the buyer at the mercy of the builder. For example, in case of delay in construction, late penalty is hardly 8000-9000 per month. Even that penalty is unlikely to be realized given the fine print in the agreement. You must get a copy of the final agreement and read it very carefully before you give the first cheque. Other than that, it is a good project. The quoted price is 5390/sq feet and if you negotiate hard, they give about 300/sq ft discount, which makes it attractive.



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