S
Swati Malhotra
posted on 11 MayGreater Noida builder agreements: The actual hidden clauses?
Kya Greater Noida mein builder-buyer agreements mein hidden clauses kaafi common hain? I'm based in Dubai, so site visit mushkil hai. Atharv Infrastructure Noida jaise builders ke agreements mein kya specific red flags dekhne chahiye, especially for investors? RERA complaints kitni effective hain against unfair terms? Real experiences please.
#builder-buyer-agreement#rera-compliance#legal-due-diligence#greater-noida-investor#atharv-infrastructure
Comments
Koi actual hidden clause ka example de sakta hai jo real mein agreement mein ho?
I booked a flat near Alpha II, different builder though. My agreement had a clause where the builder could charge me for 'development charges' that were not specified initially. Later they presented a bill. Luckily, RERA helped me negotiate it down, but it took almost a year. So, RERA helps, but it's not a quick fix.
Atharv Infrastructure Noida? Bhai, naam sunte hi darr lagta hai. Unka track record kuch khaas nahi hai. Mere ek dost ne Alpha I Greater Noida mein unke project mein book kiya tha, abhi tak possession nahi mila. Red flags mein sabse pehle toh possession date dekho, agar vague hai toh problem hai. Aur cancellation clauses bhi dhyan se padhna, they often penalize buyers heavily. Current market mein demand thodi slow hai, toh builders aur bhi aggressive ho gaye hain terms mein. Be very, very cautious.
Exactly! The problem is builders write these agreements to protect themselves, not the buyer. For Atharv Infrastructure Noida, specifically check for clauses that allow them to increase super built-up area or change specifications without your explicit consent. Also, never pay 100% until you get possession and the completion certificate. I made that mistake once and it was a nightmare. Always hold back a significant portion till you're fully satisfied.
Sahi keh rahe ho. Mera bhi similar experience raha hai Atharv ke saath, but in their Ajayabpur project. They kept changing the layout plans without proper intimation. Agreement mein they had a clause allowing 'minor' changes, but these were significant! Total headache.
Alpha I mein Atharv ka project? Konsa wala? Kya issues aa rahe hain specifically?
Definitely common! Meri ek relative ne bhi Greater Noida West mein ek project mein phans gaye the. Unko laga sab clear hai, but possession ke time maintenance charges aur parking ke alag se demands aane lagi. Builder-buyer agreement ko har word padhna padta hai, tab bhi kuch na kuch nikal aata hai.
Kya Greater Noida mein builder-buyer agreements mein hidden clauses kaafi common hain? I'm based in Dubai, so site visit mushkil hai. Atharv Infrastructure Noida jaise builders ke agreements mein kya specific red flags dekhne chahiye, especially for investors? RERA complaints kitni effective hain against unfair terms? Real experiences please.
Haan, hidden clauses kaafi common hain, especially with less reputed builders. Atharv Infrastructure Noida ke agreements mein look out for clauses about 'force majeure' that are too broad, or penalty clauses for builder delays that are ridiculously low compared to what buyers pay for payment delays. RERA complaints, honestly, are a mixed bag. They can be effective in getting some relief, but the process is slow and often doesn't give you full compensation. Many builders just drag it out.
Bhai, Dubai se invest karna aur site visit na kar paana, I totally get your concern. Greater Noida mein hidden clauses toh common hain, unfortunately. Builders try to sneak in things about possession delays and extra charges. You really need to be careful.